California lottery players experienced a stroke of fortune in a remarkable Wednesday night's Powerball drawing, with one individual from the Golden State matching the Powerball winning numbers, clinching the third-ever staggering $1 billion Powerball jackpot, according to CNBC.

The Powerball winning numbers were 7, 10, 11, 13, and 24, with a Powerball of 24.

Meanwhile, seven other California players found themselves among the winners, joining 36 players from 16 states who also struck gold during the draw.

Impressively, these fortunate individuals managed to match five numbers, earning a substantial $1 million each.

Moreover, three additional players seized the opportunity to enhance their winnings by investing in the Power Play option. This prize multiplier can be purchased for an extra dollar when buying a ticket.

These three players secured an impressive $2 million prize each.

Other states with million-dollar winners include New York (5), Florida (4), Texas (4), Massachusetts (3), Maryland (2), New Jersey (2), and one each from Connecticut, Illinois, Indiana, Kentucky, Missouri, New Hampshire, Ohio, Wisconsin, and West Virginia with single winners each.

Finally, the lucky recipients of the $2 million prize reside in Florida, Pennsylvania, and Rhode Island, according to Powerball's official records.

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Lucky Store Sold the $1 Billion Powerball Ticket Receives $1 Million Bonus

The fortunate winning ticket that secured the impressive $1 billion Powerball jackpot was sold at Las Palmitas Mini Market, AP reports.

As a result of this momentous win, the store will be awarded a noteworthy $1 million bonus from the lottery.

In a celebratory event, lottery officials proudly presented a symbolic giant check to Navor Herrera, the store owner, and his family.

Additionally, eye-catching signs with the words "billionaire made here" have been proudly displayed at the store, commemorating this extraordinary event.

Herrera expressed his vision for the future when asked about his newfound million-dollar windfall.

He plans to utilize the funds to expand the store significantly, creating a larger space with a more extensive selection of items and providing excellent service to the community.

"The store is small," but the luck there is "big," Herrera joked.

What Should the Powerball Jackpot Winner Do?

The person who hit the Powerball winning numbers has not yet come forward to claim their life-changing prize as of Thursday morning, CBS News noted.

Lottery officials have clarified that the Powerball winner has a year from the drawing date to step forward and officially cash in the ticket.

During a news conference, California Lottery spokesperson Carolyn Becker emphasized the importance of integrity and transparency.

She mentioned that the winner's identity will be thoroughly vetted to ensure that the rightful recipient receives the prize.

Given the complexity of such a substantial reward, the verification process is expected to take several months, and the public may not know the winner's identity until then.

Becker advised the lucky individual to promptly contact the California Lottery to claim the prize. Additionally, she urged them to consider seeking the assistance of financial and legal advisers, given the significant amount of money involved.

The winner can choose between a lump sum payment of $558.1 million or an annuity sum of $1.08 billion.

Both figures are pre-tax amounts, although California does not charge state taxes on lottery winners. It's worth noting that the jackpot surpassed its initial estimate of $1 billion due to late ticket sales, further elevating the already staggering prize amount.

For security and safety purposes, Becker stressed the importance of signing the back of the ticket immediately and safeguarding it in a secure location.

The ticket with the Powerball winning numbers is crucial to claiming the prize and must be handled with utmost care.

Experts in financial matters recommend that individuals who suddenly possess substantial wealth take a "cooling-off period" before making significant financial decisions.

READ MORE: Powerball Jackpot Winner Buys $26 Million California Mansion 

This article is owned by Latin Post.

Written by: Bert Hoover

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