📺 Stream EntrepreneurTV for Free 📺

Someone In California Just Won the $1.73 Billion Powerball Jackpot The winning numbers of the second-largest jackpot in Powerball history were drawn.

By Jonathan Small

Key Takeaways

  • The winning numbers for Powerball were drawn on Wednesday night in California.
  • It's the second-largest jackpot in Powerball and U.S. history.
  • Before Wednesday's drawing, there were 35 consecutive draws without a major prize.
entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

If you happen to be walking around with a Powerball ticket that reads:

22, 24, 40, 52, 64 and the Powerball 10

You are on your way to becoming a very, very rich person.

According to Powerball, a single lottery ticket sold somewhere in California matched all six numbers drawn Wednesday night to win a jackpot worth $1.765 billion, or a lump sum of $756.6 million before taxes.

"Congratulations to the newest Powerball billionaire and the millions of Powerball players who won other cash prizes in last night's drawing," said Drew Svitko, Powerball Product Group Chair and Pennsylvania Lottery Executive Director.

Historic prize

The prize is the second-largest Powerball jackpot and U.S. lottery jackpot ever. The world record lottery jackpot was won by Edwin Castro on Nov. 7, 2022, also in California. Castro, who raked in a cool $2 billion, has gone on to buy numerous fancy homes across Los Angeles.

Before Wednesday's drawing, there were 35 consecutive draws without someone claiming a major prize, a streak that started on July 19 when a player in California won $1.08 billion.

What is it about California and jackpots?

The lucky ticket holder of the current prize certainly defied the odds, which Powerball says is 1 in 292.2 million.

About Powerball

Powerball tickets are $2 per play. Tickets are sold in 45 states, DC, Puerto Rico, and the U.S. Virgin Islands. According to Powerball, more than half of all proceeds from the sale of a Powerball ticket remain in the jurisdiction where the ticket was sold.

Tonight's winner isn't the only one celebrating. As part of California Powerball rules, the retailer who sells the winning ticket receives O.5% of the jackpot.

Related: Gas Station Owner Gets $1 Million For Selling the Winning Powerball Ticket. 'No One Deserves It As Much As He Does.'

Jonathan Small

Entrepreneur Leadership Network® VIP

Founder, Write About Now Media

Jonathan Small is an award-winning author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, Entrepreneur, and Condé Nast. He has held executive roles at Glamour, Fitness, and Entrepreneur and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. He is the former “Jake” advice columnist for Glamour magazine and the “Guy Guru” at Cosmo.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Growing a Business

Starting or Growing a Business? Here's How to Know When You Should Hire Your First Employee.

When enlisting help, follow these steps to make the best decision for your company.

Growing a Business

Your Comprehensive Guide to Becoming an SEO Expert – and Making Money While Doing It

Whether you're looking to earn more money or grow your digital presence, becoming an SEO expert could be a major windfall.

Business News

Southwest Airlines CEO Says the Company May Start Assigning Seats

The airline reported its Q1 2024 earnings on Thursday.

Business News

These 'Expressive Avatar' Deepfakes From a Billion-Dollar AI Startup Look Scary Real — Here's Who's Already Using the Technology

Is that a real person or an AI clone? New technology makes it nearly impossible to tell.