One person in California wins Monday's $699.8 million Powerball jackpot after 40 drawings without...

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Source: Washington Post

National

One person in California wins Monday’s $699.8 million Powerball jackpot after 40 drawings without a winner

By Brittany Shammas
General assignment reporter
Today at 4:09 a.m. EDT

After 40 drawings with no grand-prize winner, the Powerball jackpot ballooned to $699.8 million for Monday night’s drawing, with one lucky person winning the prize, one of the largest ever in U.S. lottery history.

Monday’s winning numbers were 12, 22, 54, 66, 69 and Powerball 15. One person won the jackpot, according to Powerball. California Lottery said the winner was from Morro Bay, Calif., a coastal city of about 10,000 people with a median income of about $68,000.

The winner will be able to choose between an annuity option paid over 29 years or a cash option of $496 million. Both are subject to taxes.

The identity of the winner was not immediately announced, but per California law, the winner’s name, as well as the location where the winning ticket was sold, is required to be made public, according to California Lottery.

{snip}

By Brittany Shammas
Brittany Shammas is a general assignment reporter for The Washington Post. She previously worked for the Miami New Times and the South Florida Sun Sentinel. Twitter https://twitter.com/britsham

Read more: https://www.washingtonpost.com/nation/2021/10/04/powerball-jackpot-record/

[Tikki]

1. Beautiful Morro Bay is, also, a popular tourist destination.

So the ticket may have been purchased by a local or a traveler~through.
Anyway..YAY.. for the winner.

Tikki

[PlanetBev]

19. I love that whole area

There’s a little stand in Morro Bay that make one hell of a grilled halibut sandwich. Get extra fries for the sea gulls that sit on the table right next to you.

[jimfields33]

2. I love stories like this. Gives us all hope.

But I think it’d be cool if they have 699 winners a million dollars. That’d seriously change many more lives for the better.

[empedocles]

3. Or, $500,000 per

Is there any precedent for really big lottery winners to do important big things - like the former MS. Bezos?

[Random Boomer]

5. The other precedent is a little more unsettling

More than a few winners have ruined their lives.

[TexasBushwhacker]

7. The ones that ruin their lives are the ones that spend it all on themselves

There was even a woman who GAMBLED away her winnings. The ones that become philanthropists are quite happy.

[Javaman]

11. money brings on greed. and I am of the firm belief greed is a mental illness.

like you said, the ones that became philanthropists are happy.

I live okay with what I got, a little bit more would be nice (and a nice set of watercolor brushes lol) but the rest I would give away.

I always wanted to start a scholarship at my old high school for the most average kid. They never get anything.

I was 351 out of 702 kids. right down the middle. I wasn't eligible for anything even though I had a solid B average.

[jimfields33]

18. I like that. I was 104 out of 203.

It’d be nice to at least be eligible for a scholarship. Even if another middle won, I’d be happy to be part of it.

[blueinredohio]

4. I hope it was someone who needs the money.

[Tikki]

6. Yes, please don't assume everyone who lives in these beach towns are rich.

Many struggle through in the service industry and some live outside the town and travel to work.

Tikki

[hamsterjill]

9. Exactly.

And someone who will do some good for others with it.

[Traildogbob]

8. And this person

Should only pay corporate level taxes on it. Pay what the Zuck and Trump pay in taxes.
What’s fair for the goose.

[brooklynite]

10. No, they'll pay the top tax rate for individuals...

Why SHOULD they pay a lower Corporate Tax rate?

[Traildogbob]

12. Just

Because corporate never pays near what a lottery winner pays. I know it seems trivial, but giving the gubment near half of your winnings sucks. Especially with what gubment does with it. The winner is gonna be very good, but what about someone that worked hard all their life and won one million. Almost half of the to GQP big spenders for their rich buddies sucks. Never played so I will never win anyway.

[brooklynite]

14. "Giving near half of your winnings sucks"

So, rich people SHOULDN'T pay high taxes, especially on money they didn't earn through work?

[Traildogbob]

16. We got off track here

My initial post was in a sarcastic manner, saying a newly made millionaire can’t get the special tax rate of GQP filthy rich. Everyone, Every Corp should pay an equal rate. No loopholes. My first job at 14 years old, laying railroad ties landscaping was .75 cents per hour. I was taxed. Now I pay taxes On Retirement and Social Security, (thanks Ronnie, taxed SS to cover rich man tax breaks for his trickle down.)
The Zucks, Bezos, Trumps all of em should pay exactly what we all pay. Yes, even lotto winners.

[LanternWaste]

20. No $350 veggy lunch plates in arm's reach today, eh?

What a drag.

[brooklynite]

21. Actually, I'm at a VIP movie premiere (THE RESCUE)...

…reception to follow. But thanks for asking.

Out of curiosity, why do you object to rich people paying too marginal tax rates?

[twodogsbarking]

13. The cash option looks good to me.

Seems better than I would have expected especially with a 29 year payout and a sum that big.

[CTyankee]

15. I would give a big chunk of it to the college where I earned my master's degree. It is a small

school and needs the money to serve the community better. I would set up a scholarship fund and I would look for departments of the college that need funding the most. Maybe I would look to generate interest in such fields as Culinary Arts (with money for students to study cuisines from around the world and bring them back).

[EarthFirst]

17. I'd go fishing.

Forever.

[Martin68]

22. Oh, great! A story encouraging other people, who should be saving money, to "invest" it in

a government lottery.