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Mia Taylor

Top 5 mistakes people make with lottery winnings

Photo illustration of Benjamin Franklin on a 100 dollar bill with his hand covering his face. (Credit: Photo illustration by Victoria Ellis/Fortune; Original photos by Getty Images)

The Powerball jackpot reached $2.04 billion Tuesday morning, making it the world’s largest lottery prize ever. There were no winners for this past Saturday’s drawing, which continued a three-month streak of the jackpot increasing to record levels.

However, by Tuesday, officials in California announced that there was indeed one winner.

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