Current:Home > MarketsTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown -Wealth Evolution Experts
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
View
Date:2025-04-15 21:50:50
The winner of the eighth-biggest lottery prize in U.S. history won’t be announced for at least a couple more weeks until their ticket is verified and arrangements for the massive payment are made, Oregon lottery officials said Tuesday.
A person with a ticket matching all six Powerball numbers in Saturday’s $1.3 billion jackpot came forward Monday to claim the prize from last weekend’s drawing. They bought the ticket at a convenience store in northeastern Portland, Oregon.
For selling the winning ticket, managers of the Plaid Pantry location plan to share their $100,000 bonus. The store’s other employees typically get a cut of lottery prize bonus payments too, said Jonathan Polonsky, CEO and president of Plaid Pantry.
Lottery officials said they were taking precautions to verify the win and in order to send the winner the sum, they will need to coordinate with the Multi-State Lottery Association, which oversees the Powerball and Mega Millions lotteries. That will take time.
“We’ve never had a jackpot this large in Oregon won here. There’s a lot of moving pieces,” Oregon Lottery spokesperson Melanie Mesaros said.
Oregon has had five previous Powerball jackpot winners, including two families who shared a $340 million prize in 2005.
The jackpot has a cash value of $621 million if the winner chooses to take a lump sum rather than an annuity paid over 30 years, with an immediate payout followed by 29 annual installments.
In Oregon, the prize is subject to federal and state taxes that whittle down the haul by a couple hundred million.
The prize was the fourth largest Powerball jackpot in history and the eighth largest among U.S. jackpot games, according to the Oregon Lottery.
The largest U.S. lottery jackpot won was $2.04 billion in California in 2022.
veryGood! (834)
Related
- Arkansas State Police probe death of woman found after officer
- I'm Adding These 11 Kathy Hilton-Approved Deals to My Cart During the Amazon Big Spring Sale
- The Diane von Furstenberg x Target Collection Is Officially Here—This Is What You Need To Buy ASAP
- Q&A: Extreme Heat, Severe Storms Among Key Climate Challenges for Maryland’s New Chief Resilience Officer
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Kremlin says 40 killed and more than 100 wounded in attack on Moscow concert hall
- Chicago voters reject ‘mansion tax’ to fund homeless services during Illinois primary
- The Daily Money: Why scammers are faking obituaries
- The Grammy nominee you need to hear: Esperanza Spalding
- Pair of massive great white sharks surface off Florida coast within a minute of each other
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Pennsylvania lawmakers push to find out causes of death for older adults in abuse or neglect cases
- Women’s March Madness live updates: Iowa State makes historic comeback, bracket, highlights
- California’s unemployment rate is the highest in the nation. Slower job growth is to blame
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Colorado stuns Florida in 102-100 thriller in NCAA Tournament first round
- Recent assaults, attempted attacks against Congress and staffers raise concerns
- Man facing gun and drug charges fatally shot outside Connecticut courthouse. Lawyer calls it a ‘hit’
Recommendation
Bill Belichick's salary at North Carolina: School releases football coach's contract details
‘I will not feed a demon': YouTuber Ruby Franke’s child abuse case rooted in religious extremism
'Peaky Blinders' creator says Cillian Murphy will reprise role in movie: 'He's brilliant'
How do you play the Mega Millions? A guide on tickets, choosing numbers and odds to win
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Nearly 108,000 Americans died of drug overdoses in 2022, breaking record, CDC says
5 bodies found piled in bulletproof SUV in Mexico, 7 others discovered near U.S. border
NCAA Tournament winners and losers: Kentucky's upset loss highlights awful day for SEC