The lucky ticket holder, whose identity was not disclosed, has a choice of taking a lump sum of $997.6 million cash or receiving the full amount in 29 annual payments.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.
The previous record for a Powerball jackpot was set in 2016 when three ticket holders from California, Florida and Tennessee shared a $1.59 billion top prize. The $2.04 billion Powerball jackpot ranks as a world record for a lottery top prize, according to multiple media reports. The drawing, which had been scheduled for 10:59 p.m. EST on Monday, was delayed for hours when at least one of the 48 participating state lotteries needed more processing time, according to a tweet from the California Lottery. It did not identify the state in question.
Officials of the Multi-State Lottery Commission, which supervises the Powerball drawing, could not be reached by Reuters for comment.
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