$338 million jackpot winner faces 40 years in prison after being arrested

Pedro Quezada shortly after his 2013 lottery win

New Jersey man who won $338 million in the Powerball lottery in March 2013 has been charged with sexually assaulting a child, CBS News reported.

Pedro Quezada was arrested on Wednesday and charged with two counts of first-degree aggravated sexual assault, second-degree sexual assault as well as endangering the welfare of a child.

mugshot released by the Passaic County Prosecutor's Office

The minor was sexually assaulted for approximately three years while she was between the ages of 11 and 14, Passaic County Prosecutors said in a statement.

After winning the Powerball lottery in 2013, the 49 year old decided to take a $211 million lump sum, leaving him with $152 million after taxes.

If convicted, Quedaza could face 40 years in prison and would have to register as a sex offender.