Showing posts with label Powerball. Show all posts
Showing posts with label Powerball. Show all posts

Friday, August 9, 2013

Minnesota dad claims third of US$448m Powerball jackpot

ROSEVILLE, Minnesota. (AP) — A Minnesota man claimed his third of a US$448 million Powerball jackpot on Thursday, wasting no time before revealing his good fortune to the world and saying he had “been waiting for this day my entire life.”

Paul White, 45, a project engineer from Ham Lake, said his family often gave him a hard time for frequently playing the lottery — and he had a tough time convincing many of them earlier Thursday that he had won.“The only person who didn’t feel I was “BSing” them was my mother,” a beaming White said at a news conference where he was joined by his girlfriend, brother and two colleagues.White said he’ll take a lump sum, which will amount to US$58.3 million after taxes. Despite the minuscule odds of a jackpot win, White said he often daydreamed about how he’d spend his winnings if he ever won.“I’ve totally been waiting for this day my entire life,” he said, lamenting that he has to wait two weeks for his money. “Start the clock right now,” he said, eliciting laughs.The other two winning tickets were sold in New Jersey, including in a coastal community that is still recovering from Superstorm Sandy. But no one had stepped forward to claim either of those two shares as of Thursday afternoon.White said he learned of his life-changing luck Thursday morning after his girlfriend called to say a winning ticket had been sold in Minnesota. He checked the 10 he bought and was elated to find one that matched all six numbers.Mega-jackpot winners often wait days or weeks before claiming their prizes, giving them time to prepare and make legal arrangements. White said he had an attorney and financial adviser in mind, and wasn’t afraid of the publicity — noting the New Jersey winners hadn’t stepped forward yet.“I hope I’m yesterday’s news as soon as possible,” he said.White said he is divorced and has a 16-year-old son and 14-year-old daughter. He said he always worried about taking care of his children’s college and medical costs, and was happy to leave those worries behind. “All those things gone, period. You don’t have to worry about that again.”White works for a Minneapolis electrical contractor that had worked on major projects around the area including the Twins’ Target Field and the University of Minnesota’s TCF Bank Stadium. White said his working days “are over,” although he said he planned to help his boss, Ron Bowen, finish some projects before quitting. Referring to Bowen, who was sitting nearby, he quipped: “He started the day my boss. He’s going to end the day my chauffeur.”The New Jersey tickets included one sold in a supermarket in a Little Egg Harbor, NJ, a coastal community hit hard by Superstorm Sandy last year.“Hopefully, it’s somebody who lives in the area, and this is their reward for having gone through this,” said Carol Blackford, a retiree whose home in Little Egg Harbor was flooded with knee-high water during Sandy last October. “And if they want to share, we’re here.”But even if the winner wasn’t someone devastated by the storm, the community will benefit from the jackpot.Phil Weber, director of the Acme Markets store where the winning ticket was sold, said Thursday that the store would donate $10,000 in gift cards to local charities. Weber said some of the store’s employees are still out of their homes more than nine months after the storm. The store itself has been making donations since Sandy, Weber said.He said he has not learned yet what the store’s share will be.The third ticket was sold in a Super Stop & Shop store in South Brunswick, NJ.The winning numbers drawn Wednesday night were: 05, 25, 30, 58, 59 and Powerball 32. During the telecast, Powerball officials announced the jackpot that was pegged at US$425 million previously in the day had grown amid a buying frenzy.Each winning ticket was worth US$86 million before taxes, or $58.3 million after taxes, if taken in a lump sum. They are worth US$149.4 million over 30 years if the winners choose the annuity option.

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Minnesota dad claims third of US$448m Powerball jackpot

Monday, August 5, 2013

Powerball jackpot at US$400m after no weekend winner

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Sunday, August 04, 2013 | 2:54 PM

DES MOINES, Iowa (AP) — No one hit the Powerball jackpot this weekend, so the money will roll over and create a roughly US$400 million prize for Wednesday’s drawing.The midweek jackpot remains below the record $590.5 million jackpot won in May by an 84-year-old Florida woman. But as it stands, it would be the third-largest Powerball jackpot ever and the fourth-largest lottery prize on record.Saturday’s winning numbers were 21, 24, 36, 42 and 45; the Powerball was 15.The changes Powerball organisers made to the game last year are coming to roost in the billowing jackpots, with Wednesday’s pushing into record territory less than three months after Gloria C Mackenzie of Zephyrhills claimed the biggest Powerball prize ever.Powerball tickets doubled in price to US$2 in January 2012 as part of a plan to help jackpots grow bigger, faster. And when the jackpots reach astronomical levels, ticket sales take off, with jackpots following close behind.If Wednesday’s jackpot doesn’t top US$400 million, a single winner choosing the cash option would collect US$230.3 million before taxes.No matter how many people play the game, the odds of matching all six numbers remains 1 in 175.2 million.Half of the US$2 cost of a Powerball ticket goes toward the prizes, the rest to the state lottery organisation.Powerball is played in 43 states, Washington DC, and the US Virgin Islands in the Caribbean.Each state that participates in the game decides how to use the money. Some states earmark the money for a specific purpose, such as education, while others use it in their general funds.Like our Facebook page https://www.facebook.com/jamaicaobserverFollow us on Twitter https://twitter.com/JamaicaObserver

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Powerball jackpot at US$400m after no weekend winner