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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSomeone 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 lotterys website. Were eager to find out who won and look forward to congratulating the winner soon!
The jackpot was the nations third-largest lottery prize. It grew so large because no one had matched the games six selected numbers since April 15. Thats 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 nights drawing was an estimated $780.5 million.
The odds of winning the jackpot are 1 in 302.5 million.
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 lotterys website. Were eager to find out who won and look forward to congratulating the winner soon!
The jackpot was the nations third-largest lottery prize. It grew so large because no one had matched the games six selected numbers since April 15. Thats 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 nights 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.
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Someone became a billionaire in Chicago Illinois in the Mega Millions jackpot (Original Post)
FakeNoose
Jul 2022
OP
Lucinda
(31,170 posts)1. ❤️ ✿❧🌿❧✿ ❤️
JudyM
(29,280 posts)2. Here's hoping it's a passionate Dem!
Or someone partnered with one. Put that money to good use! Reasonable chance of that, since it was purchased in the Chicago burbs.
🙏 🙏
Lithos
(26,404 posts)3. Not quite a billionaire
Cash payout was $780 million. Still, a nice chunk of change
roamer65
(36,747 posts)5. They will come away with right around $450M.
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.
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.
Only help I could see is taking it in the yearly payments.
Then you would get the full amount.
greenjar_01
(6,477 posts)4. Des Plaines