$699.8 Million Powerball Jackpot Won in California
Tuesday October 5th 2021A single ticket in California won Powerball's fifth-highest ever jackpot on Monday night. It's the game's first top prize to be hit on Monday since the third weekly draw started in August, and the seventh-largest win in US lottery history.
Players across the country rushed to buy tickets for the life-changing jackpot, driving its value above earlier projections to reach an incredible $699.8 million by the time the drawing took place at 10:59 pm ET.
The lucky ticket was purchased from Albertsons, at 730 Quintana Rd. in Morro Bay, San Luis Obispo County. It matched all six numbers drawn on Monday, October 4: white balls 12, 22, 54, 66, and 69, plus the red Powerball, 15.
The winner will have the choice between two ways to to receive their prize. One option is an annuity estimated at $699.8 million, with 30 payments made over 29 years. Alternatively, the winner could take a single lump sum payment of the cash option of $496 million - this is the most popular choice for big lottery winners. Both amounts are before taxes.
Monday’s draw produced over 2.2 million winners in total, with prize values from $4 up to $2 million. Powerball offers a total of nine prize levels, so be sure to check your tickets!
Five tickets sold in Arizona, Florida, Massachusetts (2), and Virginia scooped the Match 5 second prize by matching the five white ball numbers. A ticket sold in Tennessee also matched the five white balls and is worth $2 million since the Power Play multiplier was added for an extra $1, doubling the prize value.
Monday also set a Powerball record for the highest number of drawings in a run - 41 - without the jackpot going off. The grand prize was last won in Florida on June 5.
Would you like the chance to become the Powerball First Millionaire of the Year just after midnight on January 1, 2022? The special promotion that enables one lucky player to win $1 million is being offered for the third year in a row - check out the participating lotteries to see if you can enter.
Powerball drawings take place every Monday, Wednesday and Saturday at 10:59 pm ET. The game is famous for its amazing jackpots, and set a record in 2016 for the biggest prize in world lottery history. The $1.586 billion win was split equally by tickets in California, Florida, and Tennessee.
The jackpot has now reset to its current starting level, $20 million (cash option $14.2 million), for the next draw on Saturday, October 9.
If you'd like the chance to take home a payout before then, try your luck on the Mega Millions draw tonight, Tuesday, October 5 - the top prize stands at $45 million (cash option $31.7 million).
Grab your tickets for both games now for your chance to win!
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