The holder of the highest-paying lottery ticket in California history has come forward to claim his winnings from the Oct. 4 Powerball draw worth nearly $700 million, according to the California Lottery.
For instance, in a 30-year payout schedule, rather of $ten million all in one year, you'd get around $333,000 a year.
Not far behind is a $1.53 billion Mega Millions jackpot in 2018 that was claimed by a sole winner in South Carolina.
As for smaller sized — but nevertheless noteworthy — fortunes, in June, 1 fortunate winner bought a Take-5 winning lottery ticket worth $28,435 on Staten Island.
Powerball is played in 45 states, two U.S. territories and Washington, D.C.
The Powerball jackpot is up to $104 million with $84 million for the money solution.
On the other hand, there is a potential tax disadvantage with the annuity.