$699.8 Million Powerball Jackpot Hit

The fifth-largest Powerball jackpot ever hit was won this week as a lucky player in California hit the prize for $699.8 million.

The drawing was held on October 4th and the winning white balls were 12, 22, 54, 66, and 69 (nice), with the Powerball number being 15. The lottery began throwing three drawings a week beginning on August 23rd and this is the first time the prize has been hit since that time. One lucky gambler hit the Fully Monty of white balls and Powerball, while five others matched all five white balls but had no Powerball. Those players will get $1 million, save for a player in Tennessee who used the Power Play feature to double the prize to $2 million.

Whoever won the jackpot will be able to choose between a pre-tax lump-sum payout of $496 million or to take 30 payments of just over $23 million over 29 years to get the prize (also pre-tax).

Thus far the largest Powerball jackpot is $1.586 billion, which was split between winners in Tennessee, Florida, and California in 2016.

We'll be updating this story if details on the winner emerge.

Source: Powerball

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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usbarbadosslim93 Recently online: 56 min ago
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7 October 2021 - 3:06pm
#1

I always chastize my parents for playing the lottery, but then they see something like this and say "can't win if you don't play".

lvblck
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7 October 2021 - 8:24pm
#2

Oh wow, that is one of a kind win, to say the least! And will definitely change the lucky players' life.

auCL-Ed
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7 October 2021 - 9:42pm
#3

If you won would you take the lump sum or the annual payments? I'd take the lump sum and invest most of it and I reckon I would be good odds to end up with more money after 30 years than the annuity would pay.

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