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California Lottery jackpot winner hits Powerball winning numbers for $60M

Congratulations to the latest California Powerball jackpot winner! The Powerball results for March 1, 2014 are 3, 8, 25, 30, 47, and the red Powerball number is 13. One lucky California lottery winner matched all six Powerball winning numbers Saturday night for the $60 million jackpot, reported CBS Miami News on Sunday, March 2.

Powerball Winning Lottery Numbers March 1
Powerball Winning Lottery Numbers March 1
Lucky California Lottery Winner Hits $60 Million Powerball Jackpot!
Morguefile; imelenchon

Believe it or not, this is the second time a California lottery winner hit the Powerball jackpot in less than two weeks! The Milpitas, California Powerball Lottery winner hit a massive $425.3 million jackpot on Feb. 19. See the article Powerball winning numbers: California Powerball lottery winner hits $425M jackpot for more details.

Saturday's final Powerball jackpot came in at $60 million which will be paid out in 30 annual annuity payments. The California lottery winner could also choose all cash, which would bring the one-time cash payout to around $33.9 million.

The California Powerball lottery jackpot winner purchased the lucky winning ticket at Tooley Oil - McClellan 4, 5520 Dudley Blvd 900, McClellan, California for the March 1 drawing. The retailer normally receives a hefty bonus for selling the Powerball winning jackpot ticket as well.

In addition to the California jackpot winner, there were four (4) Match 5 + 0 Powerball Power Play winners that won $2 million prizes. Two (2) Power Play winners purchased their winning tickets from the North Carolina Lottery, and one (1) each from the Indiana Lottery and the Pennsylvania Lottery commissions. The standard winnings for a second-tier prize is $1 million. However, all four lottery winners spent an extra dollar on the Power Play option which doubled their prize winnings from $1 million to $2 million.

There were also three (3) Match 5 + 0 winners that didn't play the Power Play and will end up with the standard amount of $1 million each. Two (2) $1 million Powerball winners purchased their tickets from the Florida Lottery, and one (1) from the Texas Lottery. All second-tier Powerball winners matched five out of six white Powerball winning numbers, missing only the red Powerball number for the March 1 drawing.

Additionally, there were thirty-seven (37) Match 4 + 1 winners, twelve (12) of which bought Power Play tickets and will see their prize winnings automatically increased to $40,000. The remaining twenty-five (25) winners will receive only $10,000 each. The winners matched four out of five white Powerball winning numbers, AND the red Powerball number for the third-tier prize.

When is the Next Powerball Drawing?

According to the Florida Lottery, the next Powerball drawing is scheduled for March 5, 2014 at 10:59 p.m. EST. Because the California Powerball winner won the entire $60 million jackpot, the next grand prize on Saturday will reset itself at $40 million annuity, or $23 million cash value. The Powerball winning numbers are drawn live Wednesday and Saturday evenings at 10:59 p.m. EST in Florida. The Powerball game is played in 43 states plus the District of Columbia and the U.S. Virgin Islands. Tickets cost $2 each, and another $1 for the Power Play option which could instantly multiply your prize winnings.

Disclaimer: Every effort is made to ensure the Powerball winning numbers are correct, however mistakes can happen. Please be sure to check the website for total accuracy.

Sources: Powerball; California Lottery; CBS News

Photo Credit: Powerball Lottery Money by Morguefile; imelenchon

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