One Person In California Wins $448 Million Jackpot

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By Douglas A. McIntyre Updated Published
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One Person In California Wins $448 Million Jackpot

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One ticket. One very rich persons. Someone n California holds the Powerball ticket worth $447.8 million.

The numbers on the ticket are 20, 26, 32, 38, 58. The Powerball is 3.

The LA Times had more detail:

According to the California Lottery website, the winning ticket was sold at the Marietta Liquor and Deli on Bradley Road in Sun City, southeast of Riverside.

Officials say the retailer where the winning ticket was sold will receive a $1 million “retailer bonus.”

It costs $2 for a Powerball ticket and a chance to dream of instant riches, but the odds of winning are incredibly small, at one in 292.2 million.

The jackpot grew so large because no one had matched all the numbers since April 1.

Check out our Jon Ogg’s “12 Things Not to Do If You Win”

24/7 Wall St. has created a guide for lottery winners, which can also be used by anyone who unexpectedly or instantly comes into vast wealth. Any would-be lottery winner, or multiple winners, better have an idea ahead of time about what they should do if they win. Perhaps even more important is what not do if you win!

Winning the lottery has become the new American Dream. A life of hard work and saving up for years just doesn’t have the same sizzle as the instant wealth from winning the lottery. This is immediate gratification that doesn’t require nerves of steel, being smart in business or knowing how to invest, and it doesn’t require all those pesky responsibilities over a lifetime. And to make the American Dream even more bent toward the lottery now, the media and politicians keep telling the public that it is just too hard these days to get ahead and live well.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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