The latest Powerball jackpot has been won in Oregon on April 6, 2024. According to the lottery’s website, a Powerball ticket worth $1.326 billion was sold in Portland.

 

“I want to congratulate the winner on this life changing moment. No one in Oregon has ever won a prize on this scale, and it’s very exciting for our staff and players,” the Powerball website features remarks by Mike Wells, Oregon Lottery Director.

 

Final ticket sales pushed the jackpot beyond its earlier estimate of $1.3 billion to $1.326 billion at the time of the drawing, making it the fourth largest in the Powerball game and eighth largest among U.S. lottery jackpot games.

 

"Winning the Powerball is not just about hitting the jackpot, it's about the power to make dreams a reality and to create positive change in the world,” said Drew Svitko, Powerball Product Group Chair and Pennsylvania Lottery Executive Director. “Lottery games, like Powerball, generate proceeds that are used to do so much good work in local communities across the country. Thank you to our players and retailers for helping us make a lasting impact from this jackpot run.”

 

The lucky ticket holder will have the choice between an annuitized prize of $1.326 billion or a lump sum payment of $621 million.

 

Both prize options are before taxes. If the winner selects the annuity option, they will receive one immediate payment followed by 29 annual payments that increase by 5-percent each year.

 

The winner has a year to come forward and claim their prize. Per state law, players in Oregon, with few exceptions, cannot remain anonymous.

 

Even though the jackpot was won by a single ticket, participating lotteries are reminding players to check their tickets for one of the nine ways to win. Nationwide, the Powerball drawing produced more than 4.5 million winning tickets, including seven tickets that matched all five white balls to win $1 million prizes. The $1 million-winning tickets were sold in Arizona, Delaware, Florida, Iowa, Massachusetts, Michigan and Wyoming. There were also 81 tickets that won $50,000 prizes, and 26 tickets that won $150,000 prizes.