The Latest Breaking News from Powerball

Lottery winners must go through a lengthy verification process before receiving prize money

A lucky Californian resident is now an overnight multi-millionaire, but how much ends up in their savings account comes down to taxes.

Former Northwestern athletes went public with allegations of widespread hazing in the school’s athletic program, the Rev. Jesse Jackson announced he will step down as president of Rainbow PUSH, and this week’s $1 billion Powerball jackpot was the seventh highest in U.S. history.

‘I can’t even ... I can’t,’ the unidentified woman said as she fought tears of joy. ‘I’m scared right now, I’m so scared’

"You don't become a smart investor when you win the lottery," Mark Cuban once said in 2016.

Lottery dreamers are setting their sights on the growing Mega Millions jackpot now that a ticket worth more than $1 billion finally has been sold for the Powerball lottery

Flanked by fabric shops and stores displaying elaborate quinceañera dresses, a tiendita on the humble corner of 12th and Wall streets was engulfed by a joyous — and curious — frenzy Thursday morning.

Powerball jackpot stands at estimated $1.2bn for next drawing on 4 October

Here is a look at the 10 largest U.S. jackpots that have been won and the states where the winning tickets were sold