Current:Home > MarketsTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown -Dynamic Money Growth
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
PredictIQ View
Date:2025-04-11 08:46:17
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! (46853)
Related
- Travis Hunter, the 2
- Double Down on the Cast of Las Vegas Then and Now
- Bowl game schedule today: Breaking down the four college football bowl games on Dec. 30
- Ellen Pompeo marks return as Meredith Grey in 'Grey's Anatomy' Season 20 teaser
- Highlights from Trump’s interview with Time magazine
- White House says meeting with Mexican president was productive, amid record migrant crossings
- California is expanding health care coverage for low-income immigrants in the new year
- Mexico and Venezuela restart repatriation flights amid pressure to curb soaring migration to U.S.
- Travis Hunter, the 2
- Cargo ship carrying lithium ion batteries ordered to continue to Alaska despite a fire in cargo hold
Ranking
- 'Most Whopper
- Iowa man claims $250,000 from scratch-off lottery win just ahead of Christmas holiday
- Top global TikToks of 2023: Mr. Bean of math, makeup demo, capybaras!
- Man charged after 2 killed in police chase crash
- What to watch: O Jolie night
- Air in Times Square filled with colored paper as organizers test New Year’s Eve confetti
- SUV plows into Albuquerque garage, killing homeowner
- Embezzlement of Oregon weekly newspaper’s funds forces it to lay off entire staff and halt print
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Alex Murdaugh’s pursuit of a new murder trial is set for an evidentiary hearing next month
Ring out old year and ring in the new with deals at Starbucks, Taco Bell, McDonald's and more
Danny Masterson Seen for the First Time in Prison Mug Shot After Rape Conviction
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Herlin Riley: master of drums in the cradle of jazz
Gary Oldman calls his 'Harry Potter' performance as Sirius Black 'mediocre'
Eiffel Tower closes as staff strikes and union says the landmark is headed for disaster