It was the second time in eight months that a $1 billion Powerball ticket was sold in Los Angeles County, CBS News Los Angeles points out. Wednesday's Powerball drawing had more than 4.8 million winning tickets overall and lower-tier cash prizes worth $85.1 million.
Experts told CBS MoneyWatch that people who suddenly come into a lot of money should go through a 'cooling-off period' and not rush to make big financial decisions.
