Ending Soon! Save 33% on All Access

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.

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.

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Business News

Four Seasons Orlando Responds to Viral TikTok: 'There's Something Here For All Ages'

The video has amassed over 45.4 million views on TikTok.

Growing a Business

5 Strategies to Know As You Scale Your Business

Scaling a service-based company requires a comprehensive approach that goes beyond simply increasing revenue. It requires careful planning, strategic decision-making and a deep understanding of market dynamics.

Growing a Business

The Right Way to Ask Someone for a Million Dollars, According to a Fundraiser Who Does It For a Living

No matter what you're raising money for, Wanda Urbanskia says, the same basic rules apply.