Billion-Dollar Powerball Winning Ticket Sold in California

One ticket in the Powerball drawing matched all six numbers.

A neon sign in a window that says "lottery."
(Image credit: Getty Images)

One lucky person won a massive payout in Powerball as the jackpot reached $1 billion for the third time in its history. 

A ticket sold in California, according to Powerball, matched all six numbers in Wednesday night's drawing. By then, the jackpot was estimated to be $1.08 billion, with a cash value of $558.1 million. This marks the third largest Powerball jackpot, and someone in California won each of the top three. 

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Alexandra Svokos
Senior Digital Editor

Alexandra Svokos is the senior digital editor of Kiplinger. She holds an MBA from NYU Stern in finance and management and a BA in economics and creative writing from Columbia University. Alexandra has a decade of experience in journalism and previously served as the senior editor of digital for ABC News, where she directed daily news coverage across topics through major events of the early 2020s for the network's website, including stock market trends, the remote and return-to-work revolutions, and the national economy. Before that, she pioneered politics and election coverage for Elite Daily and went on to serve as the senior news editor for that group. 

Alexandra was recognized with an "Up & Comer" award at the 2018 Folio: Top Women in Media awards, and she was asked twice by the Nieman Journalism Lab to contribute to their annual journalism predictions feature. She has also been asked to speak on panels and give presentations on the future of media and on business and media, including by the Center for Communication and Twipe.