AFTER matching all six Powerball Lottery numbers, one lucky winner lost over $150million.
The Ohio player won an estimated annuity of $252.6million back in April and had the option to receive his earnings paid in 30 graduated payments over 29 years or a lump sum of $134.7million – both before taxes.
1
While the Powerball winner is opting to remain anonymous, they chose the $134.7million cash option.
This means that they will be getting about $96.9million after state and local taxes.
The winner was been listed as the “Crazy Luck Trust,” with attorney John K. Krajewski listed as the trustee, according to the Ohio Lottery.
The winning ticket was purchased at the GetGo on Highland Road in Macedonia and is now the fifth-largest jackpot prize in the state’s history.
Additionally, it’s the first Powerball jackpot Ohio has seen since 2014, per an NBC affiliate.
PLAYING POWERBALL
To play, you must choose five numbers between one and 69 for the white balls, then choose one number between one and 26 for the red Powerball.
Customers can pick numbers on a play slip or let the lottery terminal randomly pick them.
Players win prizes by matching one of the nine possible ways to win.
Most read in Money
However, the jackpot is won by matching all five white balls in any order including the red Powerball.
The jackpot will grow until someone wins.
Over half of all proceeds from ticket sales are in the jurisdiction where the ticket was sold.
WHERE TO PLAY
Powerball tickets are $2 per play and sold in 45 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands.
However, in Idaho and Montana, Powerball is bundled with the game Power Play for a minimum price of $3 per play.
Powerball drawings are broadcast live each Monday, Wednesday, and Saturday at 10:59pm ET from the Florida Lottery draw studio in Tallahassee.
Cut-off times for purchasing may vary by one to two hours before the drawing, depending on the selling jurisdiction.
Just note that all winning tickets must be redeemed in the state or jurisdiction where they were sold.
Lottery officials say the overall odds of winning a prize are 1 in 24.9 and the odds of winning the jackpot are 1 in 292.2million.
A lottery lawyer reveals why winners could be sued and shares the number to call before grabbing the cash.
Plus, these are eight moves that all Lottery winners should make after claiming.
9 total views, 1 views today
