"I nonetheless cannot think it. I'm numb," he mentioned through the news conference.
The cash alternative will give the winner a one-time lump sum payment equal to the value of the prize pool.
"I turned to her soon after I scanned the ticket and, when her eyes went wide, I got a tiny lightheaded," the winner mentioned.
The odds for the lowest prize, $four for 1 red Powerball, are 1 in 38.32.