Neal Wanless of Mission, S.D., now has millions of dollars to spend on his family — and his horse.

The 23-year-old rancher stepped forward today to claim the latest Powerball jackpot.

He'll take the $232 million price as a $118 million lump-sum, which comes to $88.5 million after taxes.

"Winning the Powerball is something I've always dreamt about but didn't think would happen," Wanless said during brief comments about his big win, according to The Argus Leader. "I want to thank the Lord for this opportunity and blessing me with this fortune."

And according to the Associated Press, Wanless has some plans for the cash:

He said he recently told his horse, Eleanor, that "It'd be nice if we go for a longer ride than usual on a bigger ranch of our own."

The winning combination: 5-16-6-21-12 and the 7 Powerball.

Update at 3:25 p.m. ET: KSFY-TV says that Wanless wants to keep ranching. "I just want to go home and ranch and ride horse and check cows," he said.