Current:Home > reviewsTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown -Wealth Axis Pro
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
View
Date:2025-04-12 22:20:24
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! (6498)
Related
- Intel's stock did something it hasn't done since 2022
- Teen Mom's Jenelle Evans Responds After Husband David Eason Reportedly Charged With Child Abuse
- Japan’s automakers unveil EVs galore at Tokyo show to catch up with Tesla, other electric rivals
- Former hospital director charged after embezzling $600,000 from charitable fund, police say
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Montana man pleads not guilty to charges he threatened to kill ex-House Speaker McCarthy
- Georgia mom charged with murder after 6-year-old son found stabbed after apartment fire
- New York can resume family DNA searches for crime suspects, court rules
- A White House order claims to end 'censorship.' What does that mean?
- Chris Pratt sparks debate over childhood trophies: 'How many do we gotta keep?'
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Martha Stewart says she still dresses like a teenager: Why it matters
- Quakes killed thousands in Afghanistan. Critics say Taliban relief efforts fall short
- Stock market today: World shares mixed after China pledges more support for slowing economy
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Former hospital director charged after embezzling $600,000 from charitable fund, police say
- A manufacturing company in Ohio has found success with a 4-day workweek
- LA police commission says officers violated lethal force policy in struggle with man who later died
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Tiny deer and rising seas: How climate change is testing the Endangered Species Act
Americans relying less on cash, more on credit cards may pay more fees. Here's why.
GM earned more than $3 billion in profit, even after hit from UAW strike
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Richard Roundtree, 'Shaft' action hero and 'Roots' star, dies at 81 from pancreatic cancer
Parents like private school vouchers so much that demand is exceeding budgets in some states
Candidates spar over key tax issue in final gubernatorial debate before Kentucky election