Current:Home > NewsTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown -Wealth Empowerment Academy
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
View
Date:2025-04-15 11:05:39
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! (24)
Related
- A South Texas lawmaker’s 15
- Olivia Reeves wins USA's first gold in weightlifting in 24 years
- Meet Words Unite, an indie bookstore that started on an Army post in Texas
- As US women's basketball goes for 8th straight gold, A'ja Wilson wants more
- Beware of giant spiders: Thousands of tarantulas to emerge in 3 states for mating season
- Another suspect arrested in connection to planned terrorist attack at Taylor Swift concert
- Baby gorilla is born at Detroit Zoo, the first in its 96-year history
- Breanna Stewart, US women’s basketball team advances to gold medal game at Paris Olympics
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Former tennis coach sentenced to 25 years for taking girl across state lines for sex
Ranking
- JoJo Siwa reflects on Candace Cameron Bure feud: 'If I saw her, I would not say hi'
- France vs. Spain live updates: Olympic men's soccer gold medal game score, highlights
- Donald Trump’s campaign says its emails were hacked
- 'Eyes of Tammy Faye' actor Gabriel Olds charged with raping three women
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Jordan Chiles' Olympic Bronze Medal in Jeopardy After Floor Exercise Score Reversed
- Education leaders in Montana are preparing students for the world of finance
- Walz ‘misspoke’ in 2018 reference to ‘weapons of war, that I carried in war,’ Harris campaign says
Recommendation
Buckingham Palace staff under investigation for 'bar brawl'
Meet Words Unite, an indie bookstore that started on an Army post in Texas
British police prepared for far-right agitators. They found peaceful anti-racism protesters instead
USA's Sunny Choi, Logan Edra knocked out in round robin stage of Olympic breaking
What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
Olivia Reeves wins USA's first gold in weightlifting in 24 years
Top picks Caleb Williams, Jayden Daniels see first NFL action in preseason
She's a Democrat. He's a Republican. Can love conquer all?