Powerball winning ticket sold in Portland, Oregon, valued $1.3 billion

After more than three months without a win, an Oregon Powerball player finally broke the drought on Sunday with a jackpot worth over $1.3 billion.

According to Powerball, the jackpot was worth $1.326 billion, and the lucky winner's ticket—which was disclosed after a three-hour delay—matched all six numbers drawn.

In cash, the prize is worth $621 million if the winner opts for a one-time payment instead of an annuity spread out over 30 years, with 29 annual installments after that. Lottery winnings are taxable on both the federal and state levels.

The red Powerball number nine, together with the winning numbers 22, 27, 44, 52, and 69, were drawn early Sunday morning.Portland, Oregon was the location of the winning ticket sale, according to the Oregon Lottery.

n a statement, Mike Wells, director of the Oregon Lottery, expressed his desire to offer congratulations to the winner on this momentous occasion.

Our staff and players are ecstatic because no one in Oregon has ever won a prize of this magnitude."The winner has one year from the date of the announcement to claim the grand prize. Oregon law prohibits, with rare exceptions, athletes' ability to remain anonymous.

Up until 2005, the biggest Powerball jackpot that an Oregonian could win was $340 million.

An Oregon guy from Salem won the Powerball jackpot in 2018 to the tune of $150.4 million.

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