Current:Home > FinanceTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown-LoTradeCoin
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
View Date:2024-12-23 22:05:39
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! (2)
Related
- As the transition unfolds, Trump eyes one of his favorite targets: US intelligence
- Two Md. Lawmakers Demand Answers from Environmental Regulators. The Hogan Administration Says They’ll Have to Wait
- Black man who says he was elected mayor of Alabama town alleges that White leaders are keeping him from position
- A U.K. agency has fined TikTok nearly $16 million for handling of children's data
- Texas now tops in SEC? Miami in trouble? Five overreactions to college football Week 11
- A tech consultant is arrested in the killing of Cash App founder Bob Lee
- When AI works in HR
- Chicago Mayor Slow to Act on Promises to Build Green Economy by Repurposing Polluted Industrial Sites
- 'I know how to do math': New Red Lobster CEO says endless shrimp deal is not coming back
- Polaris Guitarist Ryan Siew Dead at 26
Ranking
- High-scoring night in NBA: Giannis Antetokounmpo explodes for 59, Victor Wembanyama for 50
- Illinois Solar Companies Say They Are ‘Held Hostage’ by Statehouse Gridlock
- See Bre Tiesi’s Shoutout to “Daddy” Nick Cannon on Their Son Legendary Love’s First Birthday
- Pink's Reaction to a Fan Giving Her a Large Wheel of Cheese Is the Grate-est
- Panel advises Illinois commemorate its role in helping slaves escape the South
- Get a Mess-Free Tan and Save $21 on the Isle of Paradise Glow Clear Self-Tanning Mousse
- How Greenhouse Gases Released by the Oil and Gas Industry Far Exceed What Regulators Think They Know
- Pete Davidson Enters Rehab for Mental Health
Recommendation
-
2 Florida women charged after shooting death of photographer is livestreamed
-
The loneliness of Fox News' Bret Baier
-
In the Latest Rights of Nature Case, a Tribe Is Suing Seattle on Behalf of Salmon in the Skagit River
-
Newly elected United Auto Workers leader strikes militant tone ahead of contract talks
-
Groups seek a new hearing on a Mississippi mail-in ballot lawsuit
-
Polaris Guitarist Ryan Siew Dead at 26
-
Glee’s Kevin McHale Recalls Jenna Ushkowitz and Naya Rivera Confronting Him Over Steroid Use
-
Phoenix residents ration air conditioning, fearing future electric bills, as record-breaking heat turns homes into air fryers