Powerball lottery result announced: California's Edwin Castro wins the $2.04 billion jackpot

Powerball lottery result announced: California's Edwin Castro wins the $2.04 billion jackpot

Powerball lottery

The record-breaking $2.04 billionlottery, the highest in US history, has finally revealed its sole winner. As sharedon its Twitter handle, California Lottery officials announced at a news conference on Tuesday (February 14) that Edwin Castro had won the Powerball jackpot and has chosen to receive the $997.6 million payoff in one lump sum, as reported by the New York Times.The press conference revealed just the name of the winner and nothing more. As reported by CNN, Castro bought the winning ticket in Altadena, California, in the first few days of November, matching all six drawn numbers.

The disclosure laws in California make it mandatory for a lottery winner's name and other relevant information to be publicly revealed, butwith some conditions in place.As reported byUSA Todaythe state laws only allow disclosure of full name, the name and location of the retailer that sold the winning ticket, the date jackpot was won, and the amount.

The winner has one year from the draw date to come forward and claim the reward, according to the lottery's administrators. Castro declined to make a public appearance as reported by USA Today.

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"As you might imagine, anyone would like to largely remain private. We offer our sincere congratulations on this unbelievable and historic win," California Lottery Director Alva Johnson said at Tuesday's press conference.

The officials then read the lottery winner's written statement, in which he expressed his shock and ecstasy at winning.

History of America's Powerball

The Powerball jackpot, announced in November 2022, was the biggest-ever lottery, beatingthe US$1.6 billion prize which went unclaimed.

After the announcement of thewinning ticket, the service centre that sold the golden ticket received a Powerball bonus of US$1 million.

Powerball is played in 45 states, the District of Columbia, Puerto Rico, and the US Virgin Islands, according toUSA Today. Each ticket is priced at US$2.One in 292.2 million people have a chance of winning the Powerball jackpot.

The multi-state lottery known as Lotto America first ran in 1988, the same year that Powerball debuted. On April 19, 1992, the name of the game and its inaugural drawing were both changed to Powerball.

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