Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

FakeNoose

(32,777 posts)
Sat Jul 30, 2022, 08:00 PM Jul 2022

Someone became a billionaire in Chicago Illinois in the Mega Millions jackpot



(link) https://www.post-gazette.com/news/nation/2022/07/29/winning-numbers-drawn-in-mega-millions-game/stories/202207290122

This story was updated at 3:45 p.m. on Saturday, July 30, 2022.

CHICAGO — A single ticket bought in a Chicago suburb beat the odds and won a $1.337 billion Mega Millions jackpot.

According to megamillions.com, there was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines.

The winning numbers were: 13-36-45-57-67, Mega Ball: 14.

“We are thrilled to have witnessed one of the biggest jackpot wins in Mega Millions history,” Ohio Lottery Director Pat McDonald, the current Lead Director for the Mega Millions Consortium, said in a statement on the lottery’s website. “We’re eager to find out who won and look forward to congratulating the winner soon!”

The jackpot was the nation’s third-largest lottery prize. It grew so large because no one had matched the game’s six selected numbers since April 15. That’s 29 consecutive draws without a jackpot winner.

Lottery officials had estimated the winning take at $1.28 billion, but revised the number up to $1.337 billion on Saturday.

The total prize is for winners who choose the annuity option, paid annually over 29 years. Most winners opt for the cash option, which for Friday night’s drawing was an estimated $780.5 million.

The odds of winning the jackpot are 1 in 302.5 million.


- more at link -

One winning ticket was sold in the Chicagoland area. Woohoo!

No winners have come forward yet, but normally it takes a little time.

7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Someone became a billionaire in Chicago Illinois in the Mega Millions jackpot (Original Post) FakeNoose Jul 2022 OP
❤️ ✿❧🌿❧✿ ❤️ Lucinda Jul 2022 #1
Here's hoping it's a passionate Dem! JudyM Jul 2022 #2
Not quite a billionaire Lithos Jul 2022 #3
They will come away with right around $450M. roamer65 Jul 2022 #5
Yeah Lithos Jul 2022 #6
I don't know. roamer65 Jul 2022 #7
Des Plaines greenjar_01 Jul 2022 #4

JudyM

(29,280 posts)
2. Here's hoping it's a passionate Dem!
Sat Jul 30, 2022, 10:04 PM
Jul 2022

Or someone partnered with one. Put that money to good use! Reasonable chance of that, since it was purchased in the Chicago burbs.

🙏 🙏

roamer65

(36,747 posts)
5. They will come away with right around $450M.
Sun Jul 31, 2022, 12:12 AM
Jul 2022

Taxes are high on lottery winnings.

37 pct federal taxes and 5 pct IL state income tax as well.

https://www.cnbc.com/2019/03/24/if-you-hit-the-750-million-powerball-jackpot-heres-your-tax-bill.html

They definitely will not be a billionaire.

Lithos

(26,404 posts)
6. Yeah
Sun Jul 31, 2022, 12:40 AM
Jul 2022

Hope they get a good accountant or tax lawyer. That is going to be my very first call should I ever (*laugh*) get such a windfall.

Is income averaging still a thing? Not sure how much help that would be.

roamer65

(36,747 posts)
7. I don't know.
Sun Jul 31, 2022, 12:55 AM
Jul 2022

Only help I could see is taking it in the yearly payments.

Then you would get the full amount.

Latest Discussions»General Discussion»Someone became a billiona...