Watch Live: California Lottery to discuss the winning Powerball ticket and present downtown LA store owner a $1 million check.
Winning ticket for Powerball's $1.08 billion jackpot sold in California — here's how much the winner will owe in taxes
The winner can choose either the total jackpot paid out in yearly increments or a $558.1 million, one-time lump sum before taxes. The owner of La Palmitas Mini Market will get up to $1 million for selling the winning ticket. “It's a big surprise for us,” says Herrera, who is originally from Chiapas, México. “We are trying to still believe this, because it is great news and not everyone can handle it. Imagine the person who earned it.”
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