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By Kurt Chirbas and Minyvonne Burke
Someone has changed forever.
A single winning ticket was sold in South Carolina for the record $ 1.6 billion jackpot prize, officials announced early Wednesday.
The winning numbers were 5, 28, 62, 65 and 70, with a Mega Ball of 5.  The extremely lucky single winner has the opportunity to take a $ 904 million cash or an annuity, go away with An initial payment followed by annual installments over 29 years.
While the sum may seem the better option for most, experts warn that winners should take a moment to talk with a financial advisor before making a decision.
They also suggest that winners seek advice from a lawyer, an accountant and a psychologist who can help them make good decisions now that they are a millionaire.
“You assume that money makes you happy or takes care of all your problems. But money does not,” said finance minister Jim Shagawat. “And it can cause friction with family and friends.”
Tuesday’s jackpot was the biggest The price in the American lottery story, just over a $ 1.58 billion Powerball drawing 2016 Three people from Tennessee, Florida and California won.
Last time there was a Mega Million winner on July 24th when an office pool of 11 people in California shared the price of $ 543 million.
The odds of winning the jackpot were very narrow – 1 of 302.5 million to be exact.
But it did not stop people playing. About 280 million tickets were sold last Friday’s drawing, reported The Associated Press.
On Tuesday evening, tickets in California were sold to $ 200.
All potential winners have from 180 days to one year to claim the prize depending on the state The ticket was bought in.
Jackpot winners can remain anonymous in eight states – Delaware, Georgia, Kanas, Maryland, North Dakota, Ohio, South Carolina and Texas. In Arizona, people who win more than $ 600 can keep their names secret for 90 days after winning prizes, but after that, the names are public audiences. In Michigan, winners are anonymous if they do not win Mega Millions or Powerball prizes.
In general, taxes pay up almost half of the profits. For winners of $ 5000 or more, all states automatically deduct 24 percent in federal taxes, but government taxes vary a lot. Some major states, including California, do not hold taxes from lottery winnings, and some like Texas do not have individual income taxes at all. For the rest, the state takes a bit, especially in New York, where a winner would have to pay a state tax of 8.8 percent. The residents of New York City would pay an extra tax of 3.9 percent.
Associated Press contributed.