Published: Sun, October 28, 2018
Money | By Wilma Wheeler

Mega Millions victor may never be revealed

Mega Millions victor may never be revealed

The $1.58 billion Powerball jackpot in January 2016 remains the largest lottery jackpot ever.

Some insane lucky ticket holder is about to cash in on the biggest Mega Millions jackpot in history - $1.537 billion.

Also in SC, three people matched four out of five numbers and had a Megaball, for a win of $10,000; 88 people matched four out of five white balls only for $500; 230 people matched 3 out of 5 numbers and the Megaball for $200.

The winning ticket was sold at a convenience store in Simpsonville, a rural town with a population 22,000. It could be days, even weeks, before someone comes forward.

SC is one of the few states that does not require lottery winners to make their identities public information.

In eight USA states - Delaware, Georgia, Kansas, Maryland, North Dakota, Ohio, South Carolina and Texas- winners can remain anonymous, but in others, their identities will become public.

The victor has the option of taking the cash lump sum of $913 million before taxes, or an annuity of $1.6 billion in 30 payments.

Most winners opt for the cash reward, which, in this case, was $878 million, lottery officials said.

The Mega Millions jackpot grew so large because no player had matched all six numbers and won the top prize since July 24, when 11 co-workers from California won a US$543-million prize.

The odds of matching all six numbers and winning the top prize is 1 in 302.5 million.

Mega Millions tickets are sold in 44 USA states, the District of Columbia and the Virgin Islands.

Powerball will hold its drawing Wednesday night for a jackpot estimated at $620 million or a cash value of $354.3 million. A US$1.5 million investment in Microsoft Corp in 1986 would be worth about US$1.6 billion today.

In total, there were 15,750,013 winning tickets Tuesday night in addition to the jackpot victor, the release said. After the drawing, lottery officials rolled back the jackpot total to $1.537 billion, based on actual ticket sales.

In addition to the big jackpot, 36 other tickets matched all five white balls, which is worth $1 million apiece.

The victor would only become an actual billionaire by taking the prize in annual instalments over three decades and hanging on to the bulk of the money.

Across the river, a $1 million ticket was sold at an undisclosed store in Louisville.

One was sold at a Circle K on Harrison Avenue in Cary. Most states are still processing their results.

Last week, a 20-something bakery employee at the Safeway in The City's Marina district also had 5 of the 6 numbers for the Mega Millions jackpot.

The biggest lotto jackpot in USA history was on the line, as the nation gathered to see who would win $1.6 billion dollars.

In March, a New Hampshire judge ruled that a $560 million Powerball jackpot victor can stay anonymous after she sued the state's lottery.

Lottery fever struck nationwide ahead of Tuesday's drawing, with jackpot chasers waiting in long lines for tickets.

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