1 lucky Powerball lottery ticket hits $1.3 billion jackpot in delayed drawing

We have a big lottery winner as one lucky ticket just hit the massive Powerball jackpot worth $1.3 billion in the delayed drawing held on Sunday, April 7, 2024. Lottery officials say the winning ticket -- which is the eight largest prize in Powerball history -- was sold in Oregon.

The jackpot has a cash value of $621 million if the winner chooses to take a lump sum rather than an annuity paid over 30 years, with an immediate payout followed by 29 annual installments. The prize is subject to federal taxes, while many states also tax lottery winnings.

Other big winners include $2 million prizes in Florida and Texas with $1 million prizes sold in Arizona, Delaware, Connecticut, Florida, Iowa, Massachusetts, Michigan and Wyoming.

Saturday night’s scheduled drawing was held up and took place in the Florida Lottery studio just before 2:30 a.m. Sunday to enable one of the organizers to complete required procedures before the scheduled time of 10:59 p.m., Powerball said in a statement.

“Powerball game rules require that every single ticket sold nationwide be checked and verified against two different computer systems before the winning numbers are drawn,” the statement said. “This is done to ensure that every ticket sold for the Powerball drawing has been accounted for and has an equal chance to win. Tonight, we have one jurisdiction that needs extra time to complete that pre-draw process.”

READ MORE: https://www.wkyc.com/article/news/lottery/winner-1-lucky-powerball-lottery-ticket-hits-13-billion-jackpot-in-delayed-drawing-see-where-the-winning-ticket-was-sold-oregon-ohio/95-388529b0-4971-40b2-998d-766ae6e47d7f --

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