$699.8 Million Powerball Jackpot
October 4, 2021 — California
Scott Godfrey of Morro Bay, California won the $699.8 million Powerball jackpot from a ticket purchased at a 7-Eleven in Morro Bay. Godfrey chose the lump sum cash option. California does not permit anonymous claims, so his identity was made public. At the time, it was among the top 10 largest US lottery jackpots ever.
What Happened Next
Payout choice: The winner chose the lump sum cash option of $496 Million, which after federal taxes (37% top bracket) and applicable state taxes results in a significantly reduced — but still life-changing — take-home amount.
Source: https://www.calottery.com/
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