DES MOINES, Iowa (AP) It's all about the odds, and one single ticket in Florida has beaten them all by matching all the numbers to win the highest Powerball jackpot in history at an estimated $590.5 million, lottery officials said early Sunday.
The lone winner was sold at a Publix supermarket location in Zephyrhills, Fla., according to Florida Lottery executive Cindy O'Connell. She told The Associated Press by telephone that more details would be released later.
The winner was not immediately identified publicly and she did not give any indication hours after Saturday's drawing whether anyone had already stepped forward with the ticket.
'This would be the sixth Florida Powerball winner and right now, it's the sole winner of the largest ever Powerball jackpot,' O'Connell told AP. 'We're delighted right now that we have the sole winner.'
With four out of every five possible combinations of Powerball numbers in play, someone is almost sure to win the game's highest jackpot, a windfall of hundreds of millions of dollars -- and that's after taxes. Saturday night's winning numbers were 10, 13, 14, 22 and 52, with a Powerball of 11.
Estimates had earlier put the jackpot at around $600 million. But Powerball's online site said early Sunday that its latest tabulation of the tickets sold put the estimated jackpot at about an estimated $590.5 million.
Terry Rich, CEO of the Iowa Lottery, confirmed that the Powerball grand prize jackpot -- based on the winner sold in Florida -- had been reset at an estimated $40 million, or about $25.1 million cash value if a lump sum were elected.
The chances of winning the prize were astronomically low: 1 in 175.2 million. That's how many different ways you can combine the numbers when you play. But lottery officials estimated that about 80 percent of those possible combinations had been purchased recently.