But California, along with Delaware, is one of just two states that don't tax lottery winnings like regular personal income - marking another stroke of luck for the winner. If the prize was taxed as income in California, the winner would be facing an additional state tax bill of more than $120 million. When they do come forward, they'll have to choose between the annuity option or the nearly $1 billion lump sum payment - which would likely result in a total tax bill of $369.1 million, based on the top federal tax rate of 37%. They'll have up to a year from the date of the winning draw to claim the prize, according to the rules of the California Lottery. states where lottery winners have the option of remaining anonymous, so the jackpot winner will eventually have to come forward and claim their winnings publicly. While the business' owner received a $1 million bonus from Powerball for selling the winning ticket, the identity of the ticket's owner remains unknown.Ĭalifornia is not one of the U.S.

A single winning ticket for the record Powerball drawing was sold at a gas station and convenience store called Joe's Service Center in Altadena, California, a community located north of Los Angeles.

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