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BUSINESSAug 13 · 10:15 UTCWSOC ABC CHARLOTTEBob D'Angelo, Cox Media Group National Content Desk

Powerball: Winning ticket for $1.040 billion jackpot sold in Illinois

A Powerball player in Illinois won an estimated $1.040 billion jackpot after matching all six numbers on Wednesday night’s drawing. The lump-sum cash value for the winner is reported as $450.5 million, which can be chosen as a one-time payment or annuity. Lottery officials also noted that the odds of winning the jackpot are 1 in 292.2 million.

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Powerball: Winning ticket for $1.040 billion jackpot sold in Illinois · The Nexus