California Lottery Player Wins $1.765 Billion Powerball Jackpot, Second-Largest in U.S. History

A single ticket sold in California won Wednesday's $1.765 billion Powerball jackpot, the second-biggest in U.S. lottery history.

The winning ticket was purchased at Midway Market & Liquor in Frazier Park, California, north of Los Angeles.

The winner can choose between a lump sum payment of $774.1 million or 29 annual payments.

This is the first time 3 consecutive Powerball jackpots reached $1 billion.

Billion-dollar lottery jackpots have become more common in recent years due to increased ticket prices and lower odds.