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The second-highest ever lottery prize will be drawn tonight at 10:59 pm after the Powerball has gone through 35 drawings in a row with no winner.

The Powerball jackpot climbed to a shocking $1.73 billion after another drawing with nobody matching the game´s six numbers on October 9.

The $1.73 billion prize will be the second-highest lottery prize of all time – but the winner will take home $757 million if they opt for the lump sum option. 

The largest U.S. lottery jackpot in history was a staggering $2.04 billion which was won on November 8, 2022 in California.

Edwin Castro was the lucky winner who used his fortune to buy luxury real estate in Los Angeles from celebrity realtor Mauricio Umansky.

The Powerball jackpot climbed to a shocking $1.73 billion after another drawing with nobody matching the game´s six numbers on October 9

The $1.73 billion prize will be the second-highest lottery prize of all time

He dropped $47 million on a mansion in LA with 11 bathrooms, a koi pond, an enormous infinity pool and seven bedrooms. 

Castro, 31, came forward to claim the winnings from the $2.04billion drawing, opting to take the lump sum of $997.6 million. Since then, he has been spotted in a Porsche and at his multiple homes.

The winning ticket – 10, 33, 41, 47, 56, and Powerball 10 – was sold at the Altadena store, which also saw a $1million payout for the historic win. 

Castro’s identity was revealed at a press conference that he declined to attend to remain ‘private.’ But California state law requires lottery winners to disclose their full names, whether they want to or not. 

The previous second-place holder was $1.586 billion on January 13, 2016 which was won through three tickets from California, Florida and Tennessee. 

Powerball drawings are held three times a week on Monday, Wednesday and Sunday at 10:59 pm EST. 

When somebody wins the lottery they generally have two options as to how they can claim their prize money.

Either they accept a lump sum, which is paid to them immediately, or they claim the full ‘headline’ jackpot amount, which will be paid to them in annuities over the next 30 years.  

Edwin Castro was the lucky winner of the highest jackpot of $2.04 billion. He used his fortune to buy luxury real estate in Los Angeles from celebrity realtor Mauricio Umansky

If the winner of Wednesday’s $1.73 billion Powerball opts for a lump sum payment, as nearly 98 percent of winners have in the past, they will receive around $757 million immediately.

That may be a lot of money, but as a percentage of the advertised jackpot amount it’s the lowest its been since at least 2003, just 44 percent.

Powerball´s terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins. And wins in recent months have been few and far between.

That didn’t bother those eager to plunk down their money for a long-shot chance at instant wealth.

Robert Salvato Jr., a 60-year-old electrician, bought 40 Powerball tickets at a hardware store in Billerica, Massachusetts.

‘I would take care of family and give my cat that extra leg that she needs and make her a good kitty,’ said Salvato, who got married on Saturday.

‘I could give her a ring on every finger, I guess,’ Salvato said of his new wife.

Nevada is among the five states without Powerball, so friends Tamara Carter and Denise Davis drove from Las Vegas across the state line into California to buy tickets. But the line was so long at their first stop that they gave up and went in search of another store.

‘The line was about three hours long,’ Carter estimated. ‘I was waiting for maybe a half hour, and it didn’t move.’

The jackpot has grown enormous due to a long dry spell. The previous winning Powerball ticket was sold on July 19, and it was worth $1.08 billion after 39 drawings without a jackpot win.

At the same hardware store as Salvato, Kevin Button seemed to understand the long odds as he bought a ticket.

‘I only buy them usually when the jackpot´s high,’ Button said. ‘Seems to have been pretty high quite often lately. So I´ve tried quite a few times and haven´t even won a free ticket. But maybe tonight´s the night.’

The largest U.S. lottery jackpot in history was a staggering $2.04 billion which was won on November 8, 2022 in California

The $1.73 billion jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Wednesday night´s drawing is estimated at $756.6 million

In most states, a Powerball ticket costs $2 and players can select their own numbers or leave that task to a computer.

The $1.73 billion jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Wednesday night´s drawing is estimated at $756.6 million.

Winnings would be subject to federal taxes, and many states also tax lottery winnings.

Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

Content source – www.soundhealthandlastingwealth.com

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