Current:Home > StocksTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown -Pinnacle Profit Strategies
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
View
Date:2025-04-18 08:22:00
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
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Alabama high school football player died from a heart condition, autopsy finds
- 'Like herding cats': Llamas on the loose in Utah were last seen roaming train tracks
- Kevin O'Connell encourages benched Anthony Richardson: 'I still believe in you'
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- NYC man is charged with insurance fraud in staged car crash captured by dashcam
- NFL Week 10 bold predictions: Which players, teams will turn heads?
- Frustrated Americans await the economic changes they voted for with Trump
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Brianna LaPaglia Says Zach Bryan Freaked the F--k Out at Her for Singing Morgan Wallen Song
Ranking
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- A Timeline of Brianna Chickenfry LaPaglia and Zach Bryan's Breakup Drama
- Georgia vs Ole Miss live updates: How to watch game, predictions, odds, Top 25 schedule
- Board approves Arkansas site for planned 3,000-inmate prison despite objections
- Meta releases AI model to enhance Metaverse experience
- Bhad Bhabie's Mom Claps Back on Disgusting Claim She's Faking Cancer
- Hockey Hall of Fame inductions: Who's going in, how to watch
- Celery is one of our most underappreciated vegetables. Here's why it shouldn't be.
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
Judge says New York can’t use ‘antiquated, unconstitutional’ law to block migrant buses from Texas
James Van Der Beek 'went into shock' over stage 3 colorectal cancer diagnosis
Louisiana lawmakers advance Gov. Jeff Landry’s tax cut bills
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
Brianna LaPaglia Says Zach Bryan Freaked the F--k Out at Her for Singing Morgan Wallen Song
New Federal Funds Aim to Cut Carbon Emissions and Air Pollution From US Ports
Don’t Miss Wicked Stanley Cups at Target—Plus Magical Movie Merch From Funko Pop!, R.E.M. Beauty & More