Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Powerball Ticket Winning Record $590.5 Million Sold in Florida

Powerball Ticket Winning Record $590.5 Million Sold in Florida
The game’s jackpot had been increasing since the previous winner took the top prize on March 30, Powerball said. Photographer: Mario Tama/Getty Images

May 19 (Bloomberg) -- A single ticket sold in Florida matched all six numbers drawn in the Powerball lottery to win the game’s largest-ever jackpot of $590.5 million.

Yesterday’s prize eclipses the previous Powerball record of $587 million, won Nov. 28, the organization said in an e-mailed statement released by the Massachusetts state lottery.

The winner, who wasn’t identified, has the option to receive the money in annual payments over 29 years or as a $371 million lump sum. The winning ticket was sold at a Publix supermarket in the city of Zephyrhills, the Associated Press reported, citing Florida Lottery executive Cindy O’Connell.

The game’s jackpot had been increasing since the previous winner took the top prize on March 30, Powerball said. Since then, total Powerball sales have exceeded $1.24 billion, according to the group, which includes the lotteries of 43 states, the District of Columbia and the U.S. Virgin Islands. The top prize has been reset at $40 million for the May 22 draw.

To contact the reporter on this story: Jesse Riseborough in London at jriseborough@bloomberg.net

To contact the editor responsible for this story: Dick Schumacher at dschumacher@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.