The jackpot had been swelling since April 19, when a ticket bought in Ohio won a $252.6 million jackpot. In November, a lucky man at Joe's Service Center in Altadena correctly guessed the numbers accompanying the world-record Powerball jackpot of $2.04 billion. It was the second time in eight months that a $1 billion Powerball ticket was sold in Los Angeles County, CBS News Los Angeles points out. Wednesday's Powerball drawing had more than 4.8 million winning tickets overall and lower-tier cash prizes worth $85.1 million.
Experts told CBS MoneyWatch that people who suddenly come into a lot of money should go through a 'cooling-off period' and not rush to make big financial decisions.
