When was the largest lottery jackpot?

1. $2.04 billion. The largest lottery jackpot to date, a Powerball drawing, was won on Nov. 7, 2022.

How much did the $2 billion lottery winner get?

Castro took the cash value of his winnings, totaling $997.6 million, state officials said in a press release. Rivera's lawsuit names California, the state's lottery commission, Castro and Reggie as defendants.

Who won the $2 billion jackpot?

Edwin Castro. At Mr. Castro's request, lottery officials did not disclose any biographical information about him, though they did release his name at a news conference, in keeping with California's public disclosure laws.

Who won 2.04 billion Powerball?

While the winner of the $2.04 billion jackpot, Edwin Castro, isn't walking away a billionaire, he has received the largest cash payout in Powerball history, according to game records.

Who won a billion dollars in the lottery?

The sole winner of November's record-breaking $2.04 billion Powerball jackpot was named Tuesday at a news conference in California. Edwin Castro won what is the largest-ever lottery jackpot, and he opted for the lump sum payout of $997.6 million, the California Lottery said.

Top 10 Biggest Lottery Jackpots Ever

Has anyone claimed the 2.04 billion dollar lottery?

The winning ticket was purchased at Joe's Service Center on Woodbury Road in Altadena. However, a man named Jose Rivera claims he bought the winning ticket from the service station on Nov. 7, the day before the actual drawing.

Did the $2 billion dollar winner come forward?

Edwin Castro was identified Tuesday as the winner of California's record $2.04 billion Powerball jackpot. LOS ANGELES - The California resident and winner of the record-breaking $2.04 billion Powerball jackpot has come forward and was identified by officials during a press conference Tuesday, per California law.

What Lotto winner is getting sued?

Edwin Castro was identified Tuesday as the winner of California's record $2.04 billion Powerball jackpot. LOS ANGELES - A California man has filed a lawsuit against the recently identified $2.04 billion Powerball winner, claiming the ticket was stolen from him, TMZ reports.

What was the lump sum for 2.04 billion?

$2.04 Billion Powerball Winner Revealed

Castro reportedly opted for the lump sum payment of $997.6 million and in a statement provided to lottery officials, expressed shock over having won the massive jackpot.

Where was the $2 billion lottery ticket sold?

1. $2.04 billion (Powerball) A single winning ticket for the record Powerball drawing was sold at a gas station and convenience store called Joe's Service Center in Altadena, California, a community located north of Los Angeles.

What is the annuity payout for Powerball?

How many years is the Powerball annuity payout? The Powerball annuity payout offers winners 30 payments spread over 29 years, where payment amounts increase each year by around 5 percent.

What happened to Marvin and Mae Acosta?

Marvin and Mae Acosta have claimed their prize of $528.8 million -- their stake of the billion dollar jackpot. The Acostas' winnings are the largest in the history of California's lottery. They purchased their ticket in Chino Hills, California, and chose the cash option of $327.8 million.

What happens if you win 5 numbers in Powerball?

5 numbers - $1 million

To get the $1 million prize you'll need to match the numbers on the five white balls drawn without the Powerball and beat the 11,688,053 to 1 odds.

Do you have to keep your ticket for Second Chance California?

While every non-winning ticket is eligible for the second chance drawing, you need to submit the losing ticket to play.

Who won last Powerball lottery?

California Lottery officials revealed in a Tuesday press conference that the winner's name is Edwin Castro. While winners in some states can choose to stay anonymous, laws in California require lottery officials to publicize the winner's full name. Like most big winners, Castro chose the cash option of $997.6 million.

What is the first thing you should do if you win the lottery?

Is it better to take lump sum or payout Powerball?

Taking your winnings in a lump sum lowers the total amount you receive and can lead to expensive tax consequences. Taking your lottery winnings as an annuity over time will result in total payments closer to the advertised jackpot.

How much is a lump sum payment on $1 million dollars?

How much do I pay in taxes if I win 1,000,000? If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal withholding, plus the remaining $94,072 for single filing status in 2021).

Is the billion dollar lotto winner being sued?

A man has filed a lawsuit claiming to be the rightful winner of November's $2.04 billion Powerball jackpot, although California Lottery officials insist that they have the right winner.

Who won 2 billion Powerball in California?

On Feb. 14, the California Lottery announced Edwin Castro as the only winner of the $2.04 billion Powerball jackpot. Castro had bought the ticket at Joe's Service Center in Altadena, an area just north of Los Angeles, ahead of the November drawing. The winning ticket matched all five numbers as well as the Powerball.

Who won the billion dollar lottery in TMZ?

A man claiming that the winning $2.04 billion Powerball ticket was stolen from him is suing for damages and to be declared the winner of the historic jackpot, TMZ reports. The winner of November's drawing, a man identified as Edwin Castro, didn't come forward to claim the prize until mid-February.

Did anyone claim the $2 billion dollar jackpot?

The winner was a man named Edwin Castro, said California Lottery Director Alva Johnson. Castro declined to appear at the Tuesday morning press conference where his name was revealed. He instead sent a statement that said he was shocked and ecstatic but glad that the lottery helps to fund public education.

Can California Powerball winners remain anonymous?

Some are required to publicly identify winners while others are not. For example, in California, where a winner has yet to come forward to claim a Powerball ticket worth $2.04 billion sold in November, disclosure laws require the California Lottery to share the winner's full name and where they bought the ticket.

Did anyone win the$ 1 6 billion?

A warehouse supervisor from Tennessee in the United States has been confirmed as one of the winners of the world's biggest ever lottery prize. John Robinson is taking a single lump sum of $328 million (£230 million), rather than annual payments which would total more than half a billion dollars.