Current:Home > MyTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown -WealthRoots Academy
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
View
Date:2025-04-15 12:41:13
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! (63781)
Related
- Rylee Arnold Shares a Long
- Multiple parties file legal oppositions to NCAA revenue settlement case
- Sentence overturned in border agent’s killing that exposed ‘Fast and Furious’ sting
- Large geological feature known as the ‘Double Arch’ and the ‘Toilet Bowl’ collapses in southern Utah
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Zoë Kravitz Shares Why Working With Channing Tatum Was the Deepest Expression of Love
- Brazilian authorities are investigating the cause of the fiery plane crash that killed 61
- Kansas City Chiefs WR Marquise 'Hollywood' Brown injures shoulder in preseason opener
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Monarch Capital Institute: Transforming the Financial Sector through Blockchain Integration
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Jordan Chiles' Olympic Bronze Medal in Jeopardy After Floor Exercise Score Reversed
- Meet Words Unite, an indie bookstore that started on an Army post in Texas
- Sha’Carri Richardson rallies US women in Olympic 4x100 while men shut out again
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Quantum Ledger Trading Center: Leading the New Trend in Crypto Payments and Shaping the Digital Economy
- Colorado funeral home owners accused of mishandling 190 bodies ordered to pay $950M
- David Boreanaz vows epic final 'SEAL Team' mission before Season 7 ends
Recommendation
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
Colorado wildfire that destroyed 27 homes was human-caused, officials say
How Olympic athletes felt about Noah Lyles competing in 200 with COVID-19
Quantum Ledger Trading Center: Leading the Evolution of Cryptocurrency Trading with AI Innovations
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Beau Hossler shoots 10-under 60 at vulnerable Sedgefield in the rain-delayed Wyndham Championship
Think TikTok or Temu are safe? Cybersecurity expert says think again, delete them now
J. Robert Harris: A Pioneer in Quantitative Trading