A California woman turned on the TV last week and saw she had the winning numbers in Wednesday's drawing. She thought she had won $360 million. It turns out she bought her ticket an hour after Wednesday's drawing.
A customer fills out a Powerball form at the Jayhawk Food Mart in Lawrence, Kan., last Nov. 23, 2012.
Credit Orlin Wagner / AP
If it seems as though lottery jackpots keep growing in size, you're right — the multistate Powerball lottery has ballooned to its third-largest size in history, and one or several lucky people could win Wednesday night's drawing.
At this writing, the Powerball is worth an estimated $360 million, with a $229.2 million cash value. The Associated Press says not only is this one of the biggest Powerball jackpots ever, it's the seventh-largest prize ever awarded in any lottery.
Powerball winner Pedro Quezada holds up a promotional check featuring his $338 million jackpot. He owes $29,000 in back child support payments, according to New Jersey law enforcement authorities.
Credit Julio Cortez / AP
Now he can catch up with his bills. Pedro Quezada of New Jersey claimed the fourth-largest jackpot in the history of the Powerball multistate lottery on Tuesday. Instead of taking the $338 million dollar prize in installments, he opted for a one-time lump sum payment of $211 million, which is the third-largest single cash prize the lottery has ever awarded.