RECORD-SETTING CALIFORNIA POWERBALL JACKPOT

The Powerball jackpot in California has reached a record-setting $700 million.

This is the largest jackpot in the state's history.

The previous record was set in 2017 with a $528.8 million jackpot.

The odds of winning the Powerball jackpot are 1 in 292.2 million.

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The drawing for the jackpot will take place on Wednesday, August 23rd.

The winner can choose to receive the jackpot in a lump sum or in annual payments over 30 years.

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