"Revealed: Powerball Winner Claims $1 Billion Prize, New Jackpot Awaits"

Yanira Alvarez has been revealed as the winner of last summer's $1.08-billion Powerball jackpot, purchased from Las Palmitas Mini Market in Los Angeles. Another Powerball draw is scheduled for Saturday with an estimated jackpot of $935 million. The prize is the third-largest Powerball jackpot in history and the seventh-largest U.S. lottery jackpot. The winner chose a one-time cash payment of $558.1 million before taxes.