A California man came forward Tuesday to claim February’s $425 million Powerball jackpot, lottery officials said.
B. Raymond Buxton, the sole winner of the Feb. 19 jackpot, claimed the prize in Sacramento at the California Lottery headquarters, the Associated Press reports.
Buxton purchased the winning ticket for $2 at a Chevron station in the city of Milpitas, near San Jose.
The retiree opted to claim his winnings as a lump sum payment, which will be about $242 million before tax. Opting for a lump sum results in a slightly lesser payout.
The Brief Newsletter
Sign up to receive the top stories you need to know right now. View Sample
The $425 million prize is one of the largest in the game’s history. The Powerball jackpot reached a record-setting $590.5 million last May.
SPONSORED FINANCIAL CONTENT
