A single ticket has just won the world's biggest lottery in history of $2.04 billion

A singlet ticket has just won the largest lottery prize in world history.

One lucky American is a hell of a lot richer after being the only person with the winning ticket.

The ticket was sold at Joe's Service Centre in Altadena, California and the total prize is a jaw-dropping $2.04 billion (yes, with a B).

The Multi-State Lottery Association said the odds of selecting the six numbers needed for victory in California were one in 292.2 million.

The winning numbers ended up being 0-33-41-47-56 and the Powerball was 10. The Association said this was 'the world's largest lottery prize'.

The jackpot reach its eye-watering after a multi-month drought of finding a winner.

Despite the lottery being drawn every three days, no one managed to select the right digits in 40 turns.

Joni Hanebutt / Alamy Stock Photo

This week's draw did see loads of smaller winners, however there was only one with all six.

The Multi-State Lottery Association said there were more than 11.2 million tickets that ended up winning cash prizes.

Those lucky people will share in a whopping $150.7 million.

Amongst them were 22 tickets that won $1.54 million prizes. These people managed to get five out of the six numbers correct, but not the crucial Powerball.

Americans are being urged to check their tickets to see if they are the ultimate winner.

You can imagine what's going through that person's head right now if they've realised they are a billionaire.

According to the Daily Mail, the jackpot for this person can either be paid out 'though an annuity over 29 years' or in a lump sum, however that amount will be lower.

The jackpot was meant to be drawn on Monday, however there was a delay due to one participating lottery saying it 'needed more time to process its sales and play data'.

The Association said the delay was necessary to ensure everything was in order.

"Powerball has stringent security requirements to protect the integrity of the game and remains committed to holding a drawing that gives all players a fair chance to win," the Association said.

"Like the rest of America, Powerball is eager to hold its drawing for the world record jackpot, however, protecting the integrity of the draw is of upmost importance, even if that means a further delay."

9News says the largest Powerball jackpot ever won before this was in January 2016 at $2.44 billion.

Three winners decided to split their earnings and they took own $1.51 billion each.