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Southern California winner of $1.08 billion Powerball jackpot revealed

(Photo by Justin Sullivan/Getty Images)

The winner of last summer’s $1.08 billion Powerball jackpot in Southern California was revealed Friday.

The winning ticket was purchased in July 2023 by Yanira Alvarez at the Las Palmitas Mini Market located at 1205 Wall Street in downtown Los Angeles, near the Skid Row neighborhood.

His win ended a 39-draw Powerball jackpot and was the first of two consecutive billion-dollar winning tickets sold in Southern California that year.

Alvarez had the option of receiving the $1.08 billion jackpot in 30 installments or a lump sum payment of $558.1 million. She chose to receive the lump sum.

Its prize is the sixth largest in U.S. history and the third largest in Powerball history, according to lottery officials.

About three months later, in October 2023, a Powerball ticket worth $1.7 billion was sold at Midway Market in Frazier Park. It was revealed that a group of people won this award.

In February 2022, after months of drawings, a winning ticket for the historic $2.04 billion Powerball jackpot was claimed by Edwin Castro, a Los Angeles resident, after purchasing the ticket at Joe’s Service Center in Altadena.

The 2023 record jackpots raised approximately $197.9 million for California public schools.

“We can’t thank our players enough for their support of California’s public schools,” said California Lottery Director Harjinder K. Shergill Chima. “Our mission is what drives us every day, and while jackpots are life-changing for big winners, they also make an important difference in the lives of students and teachers in classrooms across the state. »

Since 1985, the California Lottery has raised more than $43.8 billion for public schools and funds for colleges and universities.

The Powerball jackpot this Saturday, March 30 is expected to be $935 million, with an estimated cash value of $449.7 million.

Powerball tickets cost $2 and drawings take place every Monday, Wednesday and Saturday at 8 p.m. PT.

News Source : ktla.com
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