5 Greatest Stories and of the Biggest Powerball Jackpot Winners ๐๐ต
Win
September 2024
In a recent Powerball draw on October 11, 2023, California hit the jackpot. A single ticket holder matched all six numbers, securing an estimated $1.765 billion prize. This enormous win ranks as the second largest Powerball and U.S. lottery jackpot ever. The winner also has the option to claim a cash prize of around $774.1 million.
Golden State Dominance
California has a history of producing record-breaking Powerball winners. The top two largest Powerball jackpots were both claimed in the Golden State. Here are the Top 10 largest Powerball jackpots since the lottery's inception in 1992:
- $2.04 billion, Nov. 7, 2022: California Winner
- $1.765 billion, Oct. 11, 2023: California Winner
- $1.586 billion, Jan. 13, 2016: Three winners in California, Florida, Tennessee
- $1.08 billion, July 19, 2023: California Winner
- $768.4 million, March 27, 2019: Wisconsin Winner
- $758.7 million, Aug. 23, 2017: Massachusetts Winner
- $754.6 million, Feb. 6, 2023: Washington Winner
- $731.1 million, Jan. 20, 2021: Maryland Winner
- $699.8 million, Oct. 4, 2021: California Winner
- $687.8 million, Oct. 27, 2018: Two winners in Iowa and New York
California is undoubtedly a Powerball powerhouse, with multiple jackpot victories under its belt.
October 11, 2023: Historic California Powerball Win
On October 11, 2023, a fortunate individual in California clinched a historic Powerball jackpot of $1.765 billion. A single ticket, sold in the Golden State, perfectly matched all six numbers drawn on Wednesday night. This incredible prize came with an estimated cash value of $774.1 million, marking it as the second-largest jackpot in Powerball's storied history.
Surpassing Expectations
The jackpot's final size exceeded expectations due to last-minute ticket sales, as reported in a lottery press release. This remarkable growth in prize money was a result of a prolonged drought of jackpot winners. Prior to this win, the last Powerball jackpot victor emerged on July 19, accumulating a substantial $1.08 billion prize after 39 consecutive drawings without a jackpot hit.
Options for the Winner
The fortunate winner now has the choice between receiving an annuitized prize of $1.765 billion, distributed over time, or opting for a lump sum payment of $774.1 million. Both sums are subject to taxation.
The Winning Numbers
The winning combination for the October 11 Powerball drawing was as follows: 22, 24, 40, 52, and 64, with the red Powerball number being 10 and a Power Play multiplier of 2X.
Accessible Play
In most states, playing Powerball is as affordable as $2 per ticket. Participants can either select their own numbers or delegate the task to a computer.
Mavis Wanczyk: Record-Breaking $758.7 Million Jackpot
A Lucky Ticket
The winning numbers, 6, 7, 16, 23, 26, and Powerball number 4, were purchased at the Pride Station & Store in Chicopee, Massachusetts. Mavis Wanczyk realized her incredible fortune while leaving work at Mercy Medical Center one Wednesday night. It was her co-worker who informed her about the win, and she was advised to sign the back of the ticket immediately. She was left in disbelief, unable to drive or function.
Early Retirement Plans
Mavis, who has two adult children, decided it was time to retire early, promptly informing her boss, "I will not be coming back." When asked about her plans to celebrate, she simply said, "I'm going to just hide in my bed."
Generous Store Owner
The owner of the store that sold the winning ticket, Bob Bolduc, expressed his intention to donate the $50,000 commission he earned for selling the jackpot winner to local charities, with a particular focus on education and children.
An Error and Taxes
Initially, lottery officials mistakenly reported the winning ticket was sold at a different store in Watertown, Massachusetts. This caused confusion, but the Watertown store did sell another winning ticket worth $1 million. Mavis, like all lottery winners, will not receive the full jackpot, as lottery winnings are subject to income tax. The IRS withholds 25% of the winnings upfront, and the rest must be paid at tax time. To receive the full $758.7 million, Mavis could have opted for annual payments over 30 years, but like most winners, she chose the lump sum, amounting to $480.5 million.
Manuel Franco: 24-Year-Old Wins $768 Million Powerball Jackpot
A Life-Changing Moment
Franco vividly recalled the moment he realized he had won. "It was amazing, my heart started racing, blood pumping," he said. "I screamed for about 5 or 10 minutes." He shared that his father was equally moved by the news and shed tears of joy.
The Lucky Ticket
Franco's lucky ticket was the result of buying $10 worth of individual Powerball tickets at a Speedway store. He even playfully winked at the security camera, feeling remarkably fortunate that day. Following his win, he went to work but couldn't shake off the anxiety and nervousness. He never returned to his job after that.
From $1,000 Goal to Millions
Before his incredible win, Franco's primary goal was to build his bank account to $1,000. Born in Milwaukee, he had been playing Powerball since he turned 18, purchasing his first ticket on his 18th birthday.
Choosing the Lump Sum
Franco decided to receive the lump sum cash value of $477 million, and after taxes, he'll take home just over $326 million, according to lottery officials. He expressed his intention to lead a normal life and is determined not to follow the path of financial hardship.
A Desire to Make a Difference
Franco's future is uncertain, but he has a strong desire to "help out the world." His winning story is not only one of personal fortune but also a promise of making a positive impact on others.
Edwin Castro: The $2 Billion Powerball Winner's Luxurious Lifestyle
Billionaire of Bel Air
Castro, now known as the "Billionaire of Bel Air," has recently acquired a lavish $47 million Los Angeles compound, previously owned by celebrity realtor Mauricio Umansky. This opulent property boasts seven bedrooms, 11 bathrooms, a koi pond, and a sprawling infinity pool with panoramic views of Los Angeles. This new acquisition joins his existing Bel Air residence and a home in Altadena.
From Life-Changing Ticket to Extravagant Living
Castro's life took a remarkable turn when he purchased the winning Powerball ticket last year. In February, at the age of 31, he came forward to claim his prize from the November drawing, opting for a lump sum of $997.6 million. Since then, he has been seen driving a Porsche and investing in luxury real estate.
Ultimate Luxury
His latest home features DJ turntables, a champagne tasting room, and a suspended glass walkway. The grand entrance greets visitors with a colossal koi pond, complete with glass walls, and an infinity pool. The entire house is designed for entertainment, with underwater music for swimmers, making it the perfect spot for hosting parties.
Entertainment Galore
The mansion doesn't fall short when it comes to entertainment, boasting a bar area, a glass-walled wine cellar, and a spacious home theater and screening room. Castro's luxurious properties truly reflect the life of a Powerball billionaire.
Becky Bell's $747 Million Powerball Surprise
Grocery Store Luck
At her local Fred Meyer supermarket, Bell noticed the lottery vending machine displaying an estimated Powerball prize of $747 million. It struck a chord with her, especially since Boeing had recently delivered its last 747 jet just six days before.
A Life-Altering Decision
The very next day, Bell was preparing for a morning meeting when she checked the news and discovered that the winning ticket for the February 6 draw had been sold in Auburn. This realization prompted her to scan her lottery tickets. The second ticket she scanned displayed the message "Winning ticket. Claim at Lottery Office." At this point, she knew she had won at least $600, which was thrilling.
From Shock to Tears
However, the true magnitude of her win didn't sink in until she used the WA Lottery app to verify her ticket. It turned out she had won more than $600; in fact, she had secured the fifth-largest Powerball prize, which had grown to a staggering $754,550,826.
Confirmation and Celebrations
To be absolutely sure, Bell woke up her son and daughter, asking them to double-check and triple-check her ticket. She even shared a picture of her ticket with her sisters and her mom. Her mom initially misheard the amount, thinking it was seven million, but when corrected, the entire family shared in the emotional moment.
A Heartwarming Gesture
At the Lottery Headquarters in Olympia, where she claimed her prize, Bell expressed her intention to use the money to support her family. Despite planning to retire in June and training her successors, she now intends to retire in March, not wanting to leave her colleagues in a difficult situation. Bell's win is not just a personal triumph but a heartwarming story of helping those she cares about.
Conclusion
In this age of convenience, it's worth noting that Powerball tickets can be easily Purchased Online. So, from the comfort of your own home, you can join the ranks of potential winners like Becky Bell, Edwin Castro, Manuel Franco, and Mavis Wanczyk.
With a few clicks, there might just be the next fortunate soul to seize the chance to change your life. As we've seen, the future is full of possibilities, and it could all start with that online Powerball ticket. Who knows whose story might be the next one with a life-changing tale to tell!
๐ฎFAQ
Some Frequently Asked Questions.
Choose numbers that are not commonly picked. Many people choose numbers that are related to their birthdays, anniversaries, or other personal dates. These numbers are often picked by multiple people, so if you choose them, you are more likely to have to split the jackpot.
Choose a variety of numbers. Don't just choose all odd numbers or all even numbers. The more diverse your numbers are, the less likely you are to have to split the jackpot.
Play multiple tickets. The more tickets you play, the more chances you have of winning. However, this also means that you will spend more money.
Join a lottery pool. This is a group of people who pool their money together to buy tickets. This can be a great way to increase your chances of winning without spending a lot of money.
Match 5 numbers: $1 million
Match 4 numbers + Powerball: $50,000
Match 4 numbers: $100
Match 3 numbers + Powerball: $100
Match 3 numbers: $7
Powerball only: $4
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