Powerball player in California hits $1.08 billion jackpot, third largest ever

Nearly $2 billion was up for grabs between the $1.08 billion Powerball jackpot and the $720 million Mega Millions jackpot

One lucky Powerball player in California is $1.08 billion richer after winning Wednesday's third-highest jackpot ever.

The jackpot has an estimated cash value of $558.1 million.

The winning numbers were 7, 13, 10, 24 and 11. The Powerball was 24. The Power Play multiplier was 2X. 

"This has turned into a historic jackpot run; this is only the third time in Powerball’s 31-year history that a jackpot has reached the billion-dollar threshold," Drew Svitko, Powerball Product Group Chair and Pennsylvania Lottery Executive Director, said in a Powerball news release.

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Powerball ticket

A person holds up their Powerball ticket in New York City on Wednesday. (ANGELA WEISS/AFP via Getty Images / Getty Images)

Three lucky players won a $2 million prize for matching five white balls plus the Power Play, and 36 took home the $1 million prize for matching five white balls.

Other Powerball jackpots won this year include a $754.6 million sum won in Washington on Jan. 5, a $162.6 million tally won in Virginia on March 4, and a $252.6 million windfall won in Ohio on April 19.

Powerball

A security guard walks past signs displaying how much money could be won in the lottery in Rosemead, California, on Wednesday. (FREDERIC J. BROWN/AFP via Getty Images / Getty Images)

Only two other previous Powerball jackpots have topped the current one in terms of size, the lottery said. 

Powerball gave out its largest-ever grand prize in 2022 when the jackpot reached $2.04 billion. In 2016, someone won the second-largest jackpot at $1.586 billion, according to the lottery.

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The 10 largest Powerball jackpots to date:

  1. $2.04 Billion – Nov. 7, 2022 – CA
  2. $1.586 Billion – Jan. 13, 2016 – CA, FL, TN
  3. $875 Million (est.) – July 15, 2023
  4. $768.4 Million – March 27, 2019 – WI
  5. $758.7 Million – Aug. 23, 2017 – MA
  6. $754.6 Million – Feb. 6, 2023 - WA
  7. $731.1 Million – Jan. 20, 2021 – MD
  8. $699.8 Million – Oct. 4, 2021 – CA
  9. $687.8 Million – Oct. 27, 2018 – IA, NY
  10. $632.6 Million – Jan. 5, 2022 – CA, WI
The Powerball jackpot

The Powerball jackpot topped $1 billion for Wednesday's drawing, which has only happened two times before in the history of the game.  (GIORGIO VIERA/AFP via Getty Images / Getty Images)

Mega Millions, meanwhile, has now gone 26 drawings without a ticket landing someone the grand prize. 

A winning ticket for the Mega Millions jackpot was most recently drawn on two separate occasions in April. The one on April 14 brought an estimated $483 million haul, while the other four days later was $20 million, the lottery said.

Nearly $2 billion was up for grabs between the $1 billion Powerball jackpot and the $720 million Mega Millions jackpot.

Powerball

A woman holds Powerball lottery tickets inside a store in Homestead, Florida, on Wednesday. (GIORGIO VIERA/AFP via Getty Images / Getty Images)

The odds of hitting the grand prize jackpot are one in 292.2 million.

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Powerball tickets cost $2 per play and are sold in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. The deadline for purchasing a ticket is 9:45 p.m. on draw nights.

Fox News' Aislinn Murphy contributed to this report.