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Rebecca Hargrove, left, president & CEO of the Tennessee Lottery, presents a cheque to Dana Naifeh, right, owner of Naifeh's Grocery in Munford, Tenn., where one of the winning Powerball tickets was sold.
An eye-popping and unprecedented Powerball jackpot of $1.6 billion US will be split three ways by mystery winners in Florida, Tennessee and California.
They can let the jackpot be invested and collect 30 annual payments totalling an estimated $533 million US, or split $983.5 million US in cash all at once.
The huge draw also produced eight $2-million US winners and 73 $1 -million US winners nationwide, said Sally Lunsford of the Kansas Lottery. Balbir Atwal is the owner of a 7-Eleven store that sold a winning Powerball lottery ticket in Chino Hills, Calif. Friends Kim Frodge, Jennifer Tweeddale and Haley Parks take a selfie outside a Publix Super Market in Melbourne Beach, Fla., where one of three winning tickets was sold.
Getting such a windfall is the start of a "new journey" and the winners should be prepared with lawyers, accountants and financial planners before they come forward, Lopez said. But they shouldn't wait too long: California gives its winners a year to contact lottery officials before the money automatically goes to schools.
Auto body shop worker Jerry Caudle said he was "freaking out" when he heard a winning ticket was sold in his town, but then saw that he matched only two numbers for a prize of $14.
The California store and its surrounding strip mall suddenly became a popular gathering spot in the usually quiet suburb of 75,000.
A crowd gathers in front of the 7-Eleven store in Chino Hills, Calif., where one of the winning Powerball tickets was sold. Some took selfies with the store clerk on duty, who became an instant celebrity and may well have been the man who sold the ticket. In Melbourne Beach, neighbours were gossiping that the winner might be someone in a housing development several miles from the Publix, as loud partying could be heard after Wednesday night's drawing, according to Lisa Londini, a professional caregiver who was shopping at the market Thursday.
The winning Powerball numbers are shown after being drawn at the Florida Lottery studio in Tallahassee, Fla., on Wednesday night. By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Originally published on January 10, 2016 7:29 am One number has everybody's attention this afternoon. By using this website, you consent to the use of website-cookies in accordance with this website-cookie policy.


Disclaimer: This website, its owner, operator and related parties are neither associated with nor endorsed by any of the lottery operators of the various lottery games promoted on this website.
If you are interested playing lotteries and casino games online, you should first consider whether it is legal in your country of residence to gamble over the internet. We are committed to maintaining a lively but civil forum for discussion, so we ask you to avoid personal attacks, and please keep your comments relevant and respectful. He says he was at home when a friend called to tell him that someone in Chino Hills had hit the jackpot.
He said he would share his part of the store's bonus with employees and family, and give some to charity. He wore a wistful smile as he left the Munford Short Stop gas station and convenience store, which offers Tipton County's "best chicken on a stick" for $3.69. Hundreds of people, from news crews to gawkers, crowded the store and spilled into its parking lot, cheering and mugging for the cameras and chanting "Chino Hills!
We're all so excited for our city," Rita Talwar, 52, who has lived in Chino Hills for 30 years, told the local San Bernardino Sun. Spain's massively popular Christmas lottery, known as "El Gordo," is ranked as the world's richest, though it doles out millions of prizes rather than one large jackpot like the Powerball. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Any of the national lottery logos used or cited on this website are the property of their respective owners. If you encounter a comment that is abusive, click the "X" in the upper right corner of the comment box to report spam or abuse. Texas Lottery executive director Gary Grief has said this Powerball offered "absolutely" the world's biggest jackpot. Please note that comments are moderated and published according to our submission guidelines.
Here's the prize jackpot, plus a few other lottery stats worth knowing:$900,000,000 The eye-popping, record-breaking Powerball jackpot value, as of Saturday afternoon. That's based on a single winner selecting the annuity option, which pays out over three decades. The vast majority of jackpot winners choose the cash payout, even though it's always significantly smaller than the jackpot.


You could hypothetically benefit from choosing the upfront payout — provided you invest the money instead of spending it.
On average, the chances of being struck by lightning are 1 in 3,000 during an average lifetime.
Six states — Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina — allow lottery winners to remain anonymous.
There's geographic variation — with annual spending north of $700 in Rhode Island, South Dakota and Massachusetts, based on state populations, while well under $100 per capita in other states. Study after study has found low-income communities spend more of their money on lotteries than high-income communities, Thompson writes. That economic variation is why people call state lotteries regressive taxes — that is, a way of funding the state that disproportionately takes money from the poor. On Saturday, Vox pointed out an intriguing decade-old study suggesting that lotteries become less regressive as the jackpot size increases — that is, richer people are more likely to buy tickets for big prizes, lessening the disproportionate impact on the poor.
Economist Emily Oster, then a graduate student at Harvard, suggested that a jackpot of $806 million would actually be progressive instead of regressive. At the time, that jackpot size was theoretical — but not any more.27 cents According to the lottery industry's own trade magazine, for every dollar spent on the lottery, an average of 27 cents goes to the "beneficiaries" — the oft-touted government spending programs supported by a lottery, usually in areas like education or recreation. A cut goes towards administering the lottery (which is far more expensive than collecting a tax — one analysis by a conservative think tank found lotteries are up to 50 times more costly than tax collection). The average might be 27 cents to state expenses, like the industry says, but it can be as low as 11 cents to the dollar, NBC News reports.Zero That's the impact of a lottery win on net happiness, at least at first.
A famous 1978 study found that major lottery winners were no happier than ordinary folks, and actually got less joy from daily activities.
Now, a caveat: Two studies out of England suggest that it is possible to win the lottery and be content — but only eventually. People tend to include birthdays and other dates in their lottery numbers, mathematician Aaron Abrams told NPR's Robert Siegel in 2012, which means more numbers between 1 and 31.



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