Project Chintan

Illinois Ticket Wins $1.04 Billion Powerball Jackpot

A single Powerball ticket sold in Illinois has won a $1.04 billion jackpot, the eighth-largest prize in U.S. lottery history. The winner can choose between an annuity or a $450.5 million lump sum before taxes.

· 1 min read
Updated

Key takeaways

  • A Powerball ticket sold in Illinois won the $1.04 billion jackpot.
  • The jackpot is the eighth-largest in U.S. Powerball history.
  • The winner can opt for a cash payout of $450.5 million or an annuity.
  • The drawing included a 2X Power Play multiplier.

A Powerball jackpot of $1.040 billion has been won by a single ticket sold in Illinois. The winning numbers for Wednesday's drawing were 4, 26, 66, 67, and 69, with the red Powerball number being 9. The Power Play multiplier was 2X.

The grand prize has an estimated cash value of $450.5 million. This jackpot ranks as the eighth-largest in Powerball history. The winner faces a choice between receiving the full $1.040 billion through annual payments over 29 years, increasing by 5% each year, or opting for a one-time lump sum payment of $450.5 million. Both prize amounts are subject to taxes.

This winning ticket concludes a 44-drawing run for the jackpot. The previous Powerball jackpot was won on May 2, when two tickets split a $20 million prize. The jackpot will reset to $20 million for the upcoming Saturday drawing.

In addition to the grand prize winner, four other tickets sold in Arizona, California, Florida, and North Carolina matched five white balls, earning $1 million each. A ticket sold in Massachusetts also matched five white balls and included the Power Play option, doubling its prize to $2 million.

Sources reviewed

Project Chintan independently synthesized and analyzed information cross-checked across the sources listed above.

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