Current:Home > MarketsTwo days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown -SecureWealth Bridge
Two days after $1.3 billion Powerball drawing, the winning Oregon ticket holder remains unknown
View
Date:2025-04-17 14:41:46
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! (75)
Related
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Catfish Host Kamie Crawford Leaving MTV Show After 6 Years
- Billie Eilish's Mom Maggie Baird Claps Back at Nepo Baby Label
- Nicole Kidman and Keith Urban's Daughter Sunday Rose Has the Most Unique Accent of All
- The Daily Money: Spending more on holiday travel?
- US arranges flights to bring Americans out of Lebanon as others seek escape
- Tesla recalls over 27,000 Cybertrucks for rearview camera issue that could increase crash risk
- Subway rider shot in the head by police files claim accusing officers of recklessly opening fire
- Rylee Arnold Shares a Long
- NYC accelerates school leadership change as investigations swirl around mayor’s indictment
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- 'It's going to die': California officer spends day off rescuing puppy trapped down well
- Florida's new homeless law bans sleeping in public, mandates camps for unhoused people
- Did You Realize Kristen Bell and Adam Brody’s Gossip Girl Connection?
- Sam Taylor
- The Daily Money: Is it time to refinance?
- Hurricane Helene Raises Questions About Raising Animals in Increasingly Vulnerable Places
- Hawaii nurses union calls new contract a step in the right direction
Recommendation
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Marshawn Lynch is 'College GameDay' guest picker for Cal-Miami: Social media reacts
International fiesta fills New Mexico’s sky with colorful hot air balloons
Why Zendaya Hasn’t Watched Dancing With the Stars Since Appearing on the Show
'We're reborn!' Gazans express joy at returning home to north
Nikki Garcia's Sister Brie Garcia Sends Message to Trauma Victims After Alleged Artem Chigvintsev Fight
Garth Brooks Accused in Lawsuit of Raping Makeup Artist, Offering Threesome With Wife Trisha Yearwood
Biden’s student loan cancellation free to move forward as court order expires