Whoever is lucky enough to draw the right numbers in today’s multi-state Powerball lottery stands to win $550 million.
Players can purchase lottery tickets until 7 p.m. today and the winners will be announced at 7:59 p.m., said Greg Parashak, spokesman for the California State Lottery.
While stopping by local liquor stores Tuesday afternoon, the News-Press asked customers what they would do if they won $550 million.
Javier Ybarra, a customer at SB Liquor & Crafts, said he would “invest most of it and buy property.” To avoid wasting all of his winnings as many lottery winners do, Mr. Ybarra added that he would “hire somebody who knows a lot about money” to assist him in using it wisely.
At Presidio Market Liquor & Grill, the manager, who only gave his first name Andy, said the store has seen an increase the number of lotto players in the last couple of days, which normally happens when the jackpot “gets big.”
Rick Smith, a Presidio Market customer and Santa Barbara resident, said that if he won the Powerball jackpot, he would “buy a house and give some to charity.”
As she finished buying a Powerball ticket, Santa Barbara resident and medical assistant Silvia Jimenez said “I’d pay my house off and travel. I would still work, though.”
When asked if continuing to work would be a preventative measure against wasting her winnings, Ms. Jimenez said yes.
The California State Lottery started in 1985 and a November 2018 California State Lottery report on contributions to public education from the fourth quarter of the 2017-2018 fiscal year showed that school districts in Santa Barbara County received more than $20 million in lottery funds during the fiscal year. The money made for a cumulative total of more than $390.2 million in education allocations since 1985.
The amount of lottery allocations a school district receives is based on its average daily attendance, according to the California Department of Education website.
Santa Barbara County’s largest recipient of lottery education money was Santa Maria-Bonita Union Elementary. With an average daily attendance of 17,010, the district received more than $3.7 million during the 2017-2018 fiscal year.
Lompoc Unified School District, with an ADA of 9,528, was the second highest recipient with more than $2 million in lottery funds.