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Powerball ticket sold in Massachusetts wins $700 million jackpot

The owner of a Powerball ticket sold in Massachusetts won more than $750 million on Wednesday, one of the largest prizes in the lottery's history.

Powerball said on its website the single ticket matched all six numbers in drawn on Wednesday night: 6, 7, 16, 23, 26 and the Powerball of 4.

The winning ticket was sold at the Pride Station & Store location at 27 Montgomery St. in Chicopee, Massachusetts, the Massachusetts State Lottery said Thursday.

It was initially reported that the winning ticket was sold at HandyVariety, 95 Common St. in Watertown, and that a $1 million prize winning ticket was sold at the Pride Station & Store. Handy Variety actually sold a $1 million prize winning ticket.

So far, no one has claimed the prize.

The winner will get annual payments over 29 years, totaling $758.7 million, or a lump sum payment of more than $440 million, before taxes.

The odds of a ticket having all six winning numbers are 292.2 million to 1, according to the Multi-State Lottery Association.

Powerball tickets are sold in 44 U.S. states, and Washington, D.C., Puerto Rico and the U.S. Virgin Islands.

No one had won the Powerball's top prize in the twice-a-week drawings since June 10, when a California man won a jackpot valued at $447.8 million.

CNBC contributed to this report.