image

CNBC

Powerball jackpot of US$700 million has one winner in Massachusetts

Jackpot is the lottery’s second-largest jackpot ever, after a US$1.6 billion pool in January of 2016

PUBLISHED : Thursday, 24 August, 2017, 5:30pm
UPDATED : Thursday, 24 August, 2017, 5:37pm

The Powerball jackpot of US$700 million had one winner in Massachusetts.

The game jackpot, which had been growing since the June 10 drawing, was offering a US$700 million annuity or US$443.3 million in cash, according to a statement from the Pennsylvania Lottery on Wednesday.

The jackpot was the lottery game’s second-largest ever , behind only the US$1.6 billion pool in January of 2016, which was shared by three winning tickets, the statement said.

An additional around 9.4 million additional players won prizes that totaled more than US$135 million.

If the jackpot had rolled over, the prize annuity value would be advertised as US$1 billion, the statement said.

Instead, it was reset to US$40 million.

Read the original article at CNBC