All posts tagged: 1.08bn

Winner of Powerball .08bn jackpot revealed to be California resident | California

Winner of Powerball $1.08bn jackpot revealed to be California resident | California

Another California lottery player – another big jackpot winner. Officials on Friday identified the Californian who won the $1.08bn Powerball jackpot last year, satisfying a requirement under state law. Yanira Alvarez won what was Powerball’s third-largest jackpot ever after buying a ticket at Las Palmitas Mini Market in downtown Los Angeles, officials revealed. Her name was publicly released a little more than a year after Edwin Castro, a Powerball player also from California, was identified as having taken home the world’s largest ever lottery prize: $2.04bn. And it was days after a group of Californians was revealed to be the winner of another jackpot exceeding $1bn in a separate lottery. Alvarez’s winning numbers were 7, 10, 11, 13, 24 and the red Powerball 24. In California, jackpot winners have the option of claiming the winnings over 30 annual payments or a cash value of the prize upfront. Alvarez opted for the latter, which amounted to $558.1m before federal taxes. She declined any additional comments in officials’ announcement of her name. Alvarez’s win ended a 39-draw …