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1 winning Powerball ticket sold in California worth $447M

25 June 2017

Saturday's jackpot is the seventh largest jackpot in Powerball history, according to California Lottery.

In California, retailers receive a $1 million retailer bonus for selling the winning ticket.

Alberre owns the store with his father, who has owned it for 26 years. The Powerball jackpot has grown up to $435 million, after more than two months without a victor.

Before the drawing Saturday night the jackpot was estimated at $435 million (£341million). The victor has a year to come forward and claim the prize, and can choose to cash in a prize of $279.1 million or to receive the full amount in installments over 29 years.

"We're very, very grateful for this to happen to our store".

The jackpot is the tenth biggest in USA history and has odds of winning that are one in 292 million. The other option of a lump-sum payout would reduce the cash prize to $279 million.

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Chris Raff of Lincoln, Neb., hands a Powerball ticket to a customer in Omaha, Neb., Saturday, June 10, 2017.

A SOLE winning lottery ticket in the U.S. has bagged the entire £350 million jackpot, officials have confirmed. Both amounts do not figure in a deduction for taxes.

No one has won the jackpot since April 1, thus the reason for its large size.

The store is at 27985 Bradley Road in the Sun City community in the city of Menifee.

Menifee has about 89,000 residents. California is one of 44 states, plus Washington, D.C., Puerto Rico and the U.S. Virgin Islands, that participate in Powerball.

1 winning Powerball ticket sold in California worth $447M