![]() Eastern time on Monday, had been delayed by several hours because one of the 48 participating lotteries needed “extra time to complete the required security protocols,” Powerball said in a statement.Ī Minnesota lottery official said in an email that after “unprecedented lottery interest” its “sales verification system caused a processing delay.” The official added that “the integrity of the process” was never compromised, and that the Minnesota State Lottery was “conducting a thorough review.” The drawing, originally scheduled for 10:59 p.m. The jackpot will be taxed at the highest tax bracket - 37 percent - and the winner will be responsible for paying an extra 13 percent when filing income taxes. The California Lottery is required to withhold 24 percent in federal taxes from the prize. Unlike other states, winners may not hide behind a trust when claiming their prize. California law requires a winner’s full name as well as the location of the retailer who sold the winning ticket, the winning date and the winning amount, including the gross and net installment payments, to be made public. States oversee lottery operations and have different rules for how winnings are taxed and whether the names of the winners must be made public. And winners should research the professionals they turn to for help, checking the status of their licenses and getting references. The first thing winners should do, according to experts, is seek advice from a lawyer, a financial adviser and an accountant. Winners can choose to have the prize paid in a lump sum, worth $997.6 million, or in 30 graduated payments over 29 years, worth just over $2 billion. The California Lottery will pay out the winning ticket after the Multi-State Lottery Association, which oversees the Powerball, collects earnings from each participating lottery and transfers it to California. The five states that do not participate are Alabama, Alaska, Hawaii, Nevada and Utah. Players can buy a $2 Powerball ticket in 45 states, the District of Columbia, Puerto Rico and the U.S. Previous billion-dollar jackpots were won in 2016, 20. This summer, a single Mega Millions ticket sold in Des Plaines, Ill., won $1.34 billion. The Powerball prize is the second billion-dollar jackpot in recent months. Once a winner or winners come forward, the California Lottery’s Security and Law Enforcement Division will verify the rightful owner of the winning ticket. lottery history, eclipsing the $1.586 billion payout in 2016 split among three Powerball winners in California, Florida and Tennessee, which set a world record, officials said. The winner or winners will receive the largest payout in U.S. ![]() The Powerball jackpot grew steadily for months after 40 straight drawings without a winner and set off a frenzy of ticket-buying across the country by routine lottery players and even some skeptics, hopeful that the odds of winning, one in 292.2 million, would tilt in their favor. “We guarantee one day you’re going to be a winner, too.”Īn additional $156 million, raised from ticket sale profits, will go to California public schools. “I encourage you to buy a ticket from this station,” he said. At a news conference on Tuesday, he said he planned to divide it among his family, including 11 grandchildren. Joseph Chahayed, the owner of the gas station which has been in business for 20 years, was the recipient of $1 million for selling the winning ticket. There were also 225 tickets that won a $50,000 prize and another 42 tickets won a $100,000 prize. One ticket in Florida won $2 million by matching all five white balls and the Power Play option. In all, 22 tickets across the country matched all five white balls to win a $1 million prize. More than 11.2 million tickets won cash prizes in the drawing, totaling $98.1 million. The winning ticket matched all six numbers. The video announcing the winning numbers did not address the delay. Powerball officials announced the winning numbers on Tuesday morning: 10, 33, 41, 47 and 56, with another 10 as the Powerball. No one has come forward to claim the prize yet. Lottery officials said the ticket holder is now the first lottery billionaire in the state. The California Lottery said the “only winning” Powerball ticket was sold at Joe’s Service Center in Altadena, a gas station just north of Pasadena. After an overnight delay held up the drawing of the largest jackpot in American history on Monday, lottery officials in California said Tuesday that a winning, $2 billion ticket was sold in Los Angeles County.
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