Friday, November 22, 2024
Business

Oregon Powerball player wins $1.3 billion jackpot, beating odds of 1 in 292 million

A Powerball player in Oregon won a jackpot worth more than $1.3 billion on Sunday, ending a winless streak that had stretched more than three months.

The single ticket — revealed following a delay of more than three hours to the drawing — matched all six numbers drawn to win the jackpot worth $1.326 billion, Powerball said in a statement.

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.

The winning numbers drawn early Sunday morning were: 22, 27, 44, 52, 69 and the red Powerball 9.

Until the latest drawing, no one had won Powerball’s top prize since New Year’s Day, amounting to 41 consecutive drawings without a jackpot winner, tying a streak set twice before in 2022 and 2021.

The $1.326 billion prize ranks as the eighth largest in U.S. lottery history. As the prizes grow, the drawings attract more ticket sales and the jackpots subsequently become harder to hit. The game’s long odds for the weekend drawing were 1 in 292.2 million.

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.”

Powerball is played in 45 states plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands. Powerball officials didn’t immediately say where the verification issue occurred.

It’s the second time a delay occurred in the drawing for a huge Powerball jackpot in the past 17 months.

In November 2022, the Powerball drawing for a record $2.04 billion, won by a single ticket sold in southern California, was pushed back by nearly 10 hours. The Minnesota Lottery announced later that there was a technical issue with its two-tiered verification process, which is operated by outside vendors.

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