This is the largest prize in the history of the lottery, with a US lottery winner winning the $1.58 billion jackpot | Lottery | Lottery Winner
According to the Associated Press and CNN, on August 8th local time, Florida sold a lottery ticket that could win the "Super Million" jackpot of $1.58 billion, which is expected to be the largest prize in the history of the lottery.
According to the Florida Lottery Company, the winning ticket was sold at a grocery store on Neptune Beach.
The lottery website stated that the prize money will reach $1.58 billion, surpassing the record of $1.537 billion set by South Carolina in 2018 for a super million dollar prize.
Holders of Tuesday's winning lottery can choose to receive the full prize in installments over 29 years, or receive a one-time prize of $783 million. American lottery players usually prefer to receive it all at once.
According to reports, the historical record for the largest lottery jackpot in the United States was the $2.04 billion Powerball lottery prize held in California last year.