A financial analyst from Elk Grove has claimed a more than $1.7 million prize from Saturday’s Powerball draw.
California lottery officials announced that Ken Huang, 40, defied 1-in-5-million odds to correctly match five of six numbers – 27, 29, 34, 41 and 44 – missing only the Powerball number 2. His Quick Pick line had Powerball number 4, off by only two numbers. The jackpot would have been worth $90 million that night.
But Huang was satisfied with the $1,713,986 return on a $20 investment, according to a California Lottery news release.
The Safeway store at 5021 Laguna Blvd., where Huang purchased his Powerball ticket, is a winner as well. The retailer will receive a bonus of $8,569 for selling the winning line of Quick Picks. The figure represents 0.5 percent of the $1.7 million prize.
Powerball is a multi-state game played in California and 43 other states, as well as the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Drawings are held at 7:59 p.m. Wednesdays and Saturdays. This Saturday’s jackpot has grown to $110 million.