$500,000 Powerball ticket sold in California

LOS ANGELES – Do you feel happy? As the nation waits for the $437 million Powerball lottery winner, someone in California could be $560,000 richer.

According to the California Lottery website, a ticket worth $562,699 was sold late Wednesday night at the Quality Market on Main Street in Newcastle, about 30 miles from Sacramento.

The news comes as Powerball gave away its then-largest prize of $408 million.

Below are the winning numbers from October 16th, which apparently no one got:

4, 30, 39, 44, 60. PB: 11

The $437 million jackpot drawing will take place on Saturday, October 19th.

HOW MUCH DO YOU PROFIT AFTER TAXES?

There are 437 million reasons to dream, especially what you would do with the jackpot money. However, all lottery winners must expect that their winnings will be taxed.

So how much do you really get after taxes?

It depends on several factors: Do you have to pay state taxes where you live? Do you take advantage of the one-off payment or the pension payment?

According to Powerball's website, those who choose the annuity option will receive an immediate payment followed by 29 annual payments.

RELATED: Powerball Payout Calculator: How Much Would You Get After Taxes If You Win?