It’s official: New Jersey man won $338M Powerball jackpot

(CNN) — He claimed he won the prize this week, and now it’s official: Pedro Quezada of New Jersey is the winner of Saturday’s $338 million Powerball jackpot, the New Jersey Lottery said Tuesday.

Quezada announced on Monday that he held the winning ticket, but official word from lottery officials didn’t come until Tuesday.

The winning ticket was bought at a liquor store in Passaic, New Jersey.

At the time the ticket was bought, Quezada chose the up-front cash option instead of an annuity. The lump sum will be $211 million; after federal and state taxes, he will net about $151 million, New Jersey Executive Director Carole Hedinger has said.

The ticket matched all six numbers drawn: 17, 29, 31, 52, 53 and the Powerball, 31.

The largest jackpot in Powerball history was $587.5 million. The lottery is held in 42 states, the U.S. Virgin Islands and Washington.

CNN’s Stephanie Gallman contributed to this report.