"Record-breaking $1 billion Powerball jackpot won in Los Angeles"

TL;DR Summary
A single winning ticket for the $1.08 billion Powerball jackpot was sold at the Las Palmitas Mini Market in downtown Los Angeles. The ticket holder can choose between a lump sum payment of $558.1 million or an annuity for the full amount. This is the third-largest prize in Powerball history. The Mega Millions jackpot is also climbing, with an estimated $720 million up for grabs in the next drawing.
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