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Powerball winner: $754M jackpot claimed by single person in Washington 

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One lucky person in Washington just got much, much richer.

The latest Powerball jackpot of US$754.6 million (over $1 billion Canadian) was won by a single player on Monday, officials said. The payout is the fifth largest Powerball jackpot in history.

The unknown winner successfully matched all six numbers on their ticket: 5, 11, 22, 23, 69 and red Powerball 7. The Power Play multiplier was 2X.

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The winning ticket is the second jackpot in Washington since the state joined the lottery in 2010.

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The lucky ticketholder will have the option to claim their prize as an annuity or accept a lump sum. Should they select the cash option, the winner will receive US$407.2 million (over $547 million Canadian) before taxes. The annuity option — an immediate payment plus 29 annual payments with a 5 per cent increase — will also be taxed, if chosen.

An additional US$21.1 million (over $28 million) was also won in smaller cash prizes. Two tickets in Michigan and three in New York successfully matched five of the six lottery numbers to win a US$1 million prize. One Texas ticketholder won US$2 million by including the Power Play option for an additional $1 fee.

Across the U.S., 58 tickets won US$50,000 ($67,280) prizes and 16 tickets scored $100,000 ($134,530).

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After 34 lottery draws in the jackpot run, this is the first Powerball win of 2023. The last Powerball jackpot was hit on Nov. 19 ticket in Kansas that won a grand prize worth US$92.9 million (nearly $125 million).

The next Powerball drawing will take place on Wednesday night. The odds of winning the Powerball are 1 in 292.2 million.