July 4, 2024 2 min read

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Winner in Ohio Scoops up $140 Million Powerball Jackpot

The latest jackpot win represents the fifth grand prize won from Powerball for the year so far

Powerball players across the United States will now play for a jackpot of only $20 million on Saturday after one lucky player scooped up the grand prize which was nearly $140 million. There was a single ticket that matched all winning numbers from the draw on Wednesday.

The ticket was sold in Ohio and its owner became $139.3 million richer after scoring the grand prize from the popular American lottery game. To win the Powerball jackpot, the winner guessed correctly all white balls 2, 26, 33, 55, 57, along with the red Powerball 22 on the draw from July 3.

To collect the $139.3 million jackpot, the winner needs to select an annuity option which includes an immediate payment followed by 29 annual installment payments.

Luckily, there’s also an option that would grant the winner a lump cash sum. In this case, the sum would be $66.5 million. Undoubtedly, $66 million isn’t anywhere near the astronomical sum of $140 million, but it is a life-changing prize that the player can secure instantly rather than wait for three decades.

The latest grand prize win marks the fifth Powerball jackpot of the year. Before the win on July 3, a lucky winner from New Jersey hit $222.6 million from the draw on June 10 this year.

More Lottery Players Secure Powerball Prizes

Besides the grand prize, the latest drawing saw three lucky winners secure $1 million each for matching five winning numbers. Details released by Powerball reveal that one of the winners was from Pennsylvania, while two tickets were purchased in California.

Regretfully, nobody was able to win a $2 million Power Play prize.

On the bright side, five people won $50,000 each for matching four winning white balls along with the red Powerball, while 174 people won $100 each for matching four numbers from the latest drawing. Another 51 players took home a $200 Power Play prize each.

Overall, the drawing saw a total of 388,650 winning tickets across the country. The next Powerball drawing is scheduled for Saturday, July 6.

Journalist

Jerome is a welcome new addition to the Gambling News team, bringing years of journalistic experience within the iGaming sector. His interest in the industry begun after he graduated from college where he played in regular local poker tournaments which eventually lead to exposure towards the growing popularity of online poker and casino rooms. Jerome now puts all the knowledge he's accrued to fuel his passion for journalism, providing our team with the latest scoops online.

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