A player in California won a $1.73 billion Powerball jackpot Wednesday night, ending a long stretch without a winner of the top prize.
The winning numbers were: 22, 24, 40, 52, 64 and the Powerball 10. The winning ticket was sold at Midway Market & Liquor in Frazier Park, according to the California Lottery.
Phone calls Wednesday night to Midway Market & Liquor went unanswered.
“The phone’s been ringing off the hook, people saying congratulations. Pretty crazy,” the store’s night worker, identified only as Duke, told KCAL-TV.
“Somebody owes me a truck,” he said with a smile. “A lot of customers come in, you know they come in every day to get their tickets, religiously. And a lot of them ... said: ‘Oh, if I win I’m gonna get you a new truck.’ So where’s my truck? I’ll be waiting.”
He expected the winner will be a local resident.
Before someone won the giant prize, there had been 35 consecutive drawings without a big winner, stretching back to July 19 when a player in California matched all six numbers and won $1.08 billion.
The jackpot is the world’s second-largest lottery prize after rolling over for 36 consecutive drawings, since the last time someone won the top prize on July 19. That streak trails the record of 41 draws set in 2021 and 2022.
The only top prize that was ever bigger was the $2.04 billion Powerball won by a player in California last November.
Powerball’s terrible odds of 1 in 292.2 million are designed to generate big jackpots, with prizes becoming ever larger as they repeatedly roll over when no one wins. And wins in recent months have been few and far between.
That didn’t bother those eager to plunk down their money on Wednesday for a long-shot chance at instant wealth.
Robert Salvato Jr., a 60-year-old electrician, bought 40 Powerball tickets at a hardware store in Billerica, Massachusetts.
“I would take care of family and give my cat that extra leg that she needs and make her a good kitty,” said Salvato, who got married on Saturday.
“I could give her a ring on every finger, I guess,” Salvato said of his new wife.
Nevada is among the five states without Powerball, so friends Tamara Carter and Denise Davis drove from Las Vegas across the state line into California to buy tickets. But the line was so long at their first stop that they gave up and went in search of another store.
“The line was about three hours long,” Carter estimated. “I was waiting for maybe a half hour, and it didn’t move.”
The jackpot has grown enormous due to a long dry spell. The previous winning Powerball ticket was sold on July 19, and it was worth $1.08 billion after 39 drawings without a jackpot win.
At the same hardware store as Salvato, Kevin Button seemed to understand the long odds as he bought a ticket.
“I only buy them usually when the jackpot’s high,” Button said. “Seems to have been pretty high quite often lately. So I’ve tried quite a few times and haven’t even won a free ticket. But maybe tonight’s the night.”
In most states, a Powerball ticket costs $2 and players can select their own numbers or leave that task to a computer.
The $1.73 billion jackpot is for a sole winner who opts for payment through an annuity, doled out over 30 years. Winners almost always take the cash option, which for Wednesday night’s drawing is estimated at $756.6 million.
Winnings would be subject to federal taxes, and many states also tax lottery winnings.
Powerball is played in 45 states, as well as Washington, D.C., Puerto Rico and the U.S. Virgin Islands.
Rodrique Ngowi in Billerica, Massachusetts, and Ty O’Neil in California, near Primm, Nevada, contributed to this report.
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Time magazine has unveiled SpaceX and Tesla CEO Elon Musk as Person of the Year for 2021. Jeffrey Kluger, editor at large for Time, told Cheddar that Musk's impact on so many facets of forward-looking industries like crypto, solar power, electric vehicles, and especially his work on space travel were the reasons behind the selection. "On balance, Musk is performing on so many levels and in so many venues that it was hard not to consider him our Person of the Year," he said. Kluger also noted that the choice is based upon the influence the subject has had, whether good or bad and is not a judgment on its own.
The recent verdicts of the Kyle Rittenhouse and Ahmaud Arbery murder trials have put a spotlight on the country's justice system. Experts have pointed to the explicit racial undertones in the high-profile trials, as well as the increased levels of stress that may be felt by communities of color because of the prevalence of these trials. Kailee Scales, CEO of Pencils of Promise and former first managing director of Black Lives Matter Global Network Foundation, joins Cheddar News to discuss.
Gold Medal ski racer Bode Miller and John Emery, CEO of Alpine-X, discuss the need to make snowsports more affordable and how the new facility in Virginia aims to diversify the sport to urban areas.
Carlos Munoz, Head of Asset Manager Diversity, Equity & Inclusion Engagement at Morgan Stanley Wealth Management, discusses how 'The Equity Collective' is helping to diversify the financial services industry and what the initiative means for racial equity.
Headspace Health has just launched the 'Headspace for Teens' social impact initiative, which will offer free access to the Headspace app for all teens ages 13 - 18 in America. Alice Nathoo, head of social impact at Headspace joins Cheddar News to talk about the program.
