The winning ticket of Saturday night’s Powerball, sold in New Jersey, fetched a jackpot of $429.6 million prize money, lottery officials said.
Although lottery officials initially said the ticket was sold in Mercer County, New Jersey, they later confirmed that it was sold at a 7-Eleven on Chambers Street in Trenton. The prize money, which is one of the biggest in history, had ballooned after the previous 18 drawings had not produced a winner.
The winning Powerball numbers were 5-25-26-44-66, with the Powerball number being 9.
As reported by CBS News, New Jersey Lottery executive director Carole Hedinger said in a statement, “Winning the Powerball jackpot is a life-changing event. Congratulations to the ticketholder(s) and to the retailer who sold it. We expect that the winner or winners will take their time before claiming the prize and consult with the appropriate professionals that can assist them in navigating these unchartered waters. Certainly though, we will be anxiously awaiting the phone call.”
It was the seventh largest jackpot in the history of Powerball, according to Hedinger.
While the winner will be entitled to the prize money of $429.6 million if they choose to receive it as an annuity over 29 years, the lump sum amount could fetch as much as $270 million. According to CNN, the prize had been growing since March 2, when a Florida man had received the jackpot of $291.4 million.
Had no one won the most recent Powerball drawing, the prize would have further grown to $525 million, Texas lottery announced in a tweet.
John Warren bought $40 worth of tickets but didn’t have more than two numbers on any of them. “I know I’m more likely to get hit by a bus or lightning than win a big jackpot like this one,” he said. “But I was hoping to maybe win a couple hundred bucks or so in smaller prizes. Instead, I won $2, which paid for this coffee.”
The odds of having all six digit combination are 1 in 292 million. In comparison, the odds of being killed by an asteroid are 1 in 700,000. Correctly guessing the Powerball number, which fetches a prize of $4, has the odds of 1 in 38.
Tommy Young, who said he didn’t play the Powerball that often, had spent $5 on a ticket this time. “Not a winner in the bunch, not even close,” he said. “But it was fun to think about cashing in the winning ticket.”