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"Michigan Ticket Holder Wins Record-Breaking $842 Million Powerball on New Year’s Day"

A record-breaking $842.4 million Powerball jackpot was won in Michigan on New Year’s Day 2024, marking the first time the game has been won on January 1st since its inception in 1992. The jackpot, which had been accumulating since mid-October, became the fifth-largest in Powerball history and the 10th-largest in U.S. lottery history. The winner can choose between a 30-year annuity or a lump sum of $425.2 million, pre-tax. Additional prizes were won in other states, with four $1 million prizes and two $2 million prizes with the Power Play option.