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Many Americans will be anxiously checking their tickets after Saturday night's Powerball drawing as the jackpot has swelled to a whopping $1.6 billion.
As previously reported by FOX Business, the total amount for a winner who chooses the cash option would be approximately $782.4 million, making it the largest lottery prize in history.
One Iowa Powerball winner knows what it's like to win millions — and knows firsthand what changes and what doesn't in your life in the days, months, and years following the win.
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"Winning the lottery is exhilarating; it's one of the most potentially life-changing things that can happen," Timothy Schultz told Fox News Digital via email.
Money, according to Schultz, can help relieve financial stress, create opportunities, and provide time, but "money does not change who you are as a person."