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Lump Sum Payment

All articles tagged with #lump sum payment

finance1 year ago

"Mega Millions Jackpot Reaches $453 Million as Winning Numbers Are Drawn"

The Mega Millions jackpot for the upcoming drawing has reached an estimated $453 million after no winner was declared in the previous drawing. The winning numbers for the May 21 drawing were 2, 5, 8, 28, and 69, with the Megaball being 14 and the Megaplier at 2X. A lump-sum payment after taxes for the potential winner is estimated at $211.3 million. Additionally, a player in New Jersey won the first Mega Millions jackpot of the year in March, totaling $1.13 billion.

via USA TODAY|
#finance#jackpot#lottery
finance1 year ago

"Record-breaking $1.23 Billion Powerball Jackpot Drawn, Minnesotan Wins Big"

The Powerball drawing for a $1.09 billion jackpot took place, with the winning numbers being 11, 38, 41, 62, 65 and Powerball 15. It remains unclear if any winning tickets were sold, and the jackpot winner has the option to receive annual payments over 29 years or a single lump sum payment, estimated at $527.3 million before taxes. The last Powerball jackpot win occurred on New Year's Day, and the odds of winning the jackpot are approximately 1 in 292.2 million.

via CBS News|
#finance#jackpot#lottery
lottery1 year ago

"Record-Breaking Powerball Jackpot Reaches $1.09 Billion"

The Powerball jackpot for the April 3 drawing has reached $1.09 billion, making it the fourth-largest in Powerball history and ninth-largest in U.S. lottery history. The winning numbers for the drawing are 11, 38, 41, 62, 65 with Powerball 15. The lump-sum payment option for the potential winner is $527.3 million after taxes. Players can purchase tickets at various locations or online in select states, and the drawing results will be available just after 11 p.m. ET on Wednesday.

via USA TODAY|
#jackpot#lottery#lump-sum-payment
lottery1 year ago

"California Resident Claims Record-Breaking $1.08 Billion Powerball Jackpot"

Yanira Alvarez from Southern California has been revealed as the winner of the $1.08 billion Powerball jackpot from July 2023, ending a 39-draw jackpot run. She opted for a lump sum payment of $558.1 million, making it the sixth largest prize in U.S. history and the third largest in Powerball's history. This win followed another billion-dollar winning ticket sold in Southern California.

via NewsNation Now|
#california#jackpot#lottery
lottery1 year ago

"$865 Million Powerball Jackpot Follows $1.13 Billion Mega Millions Win"

The Powerball jackpot for Wednesday's drawing has reached $865 million, making it the fifth-largest in the game's history, with no winners in the previous drawings. The winning numbers are 57, 60, 46, 66, 37, and the Powerball is 8 with a Powerplay multiplier of 2X. If there is a winner, they can choose between a lump sum payment of $416.1 million or annuity payments worth $865 million. The odds of winning the jackpot are 1 in 292.2 million, and the next drawing will be live-streamed on Powerball.com.

via Fox Business|
#jackpot#lottery#lump-sum-payment
finance2 years ago

Florida Lottery Players Strike Gold with Million-Dollar Wins

Two Florida residents, Barbara Arnesen and Yorjhans Rodriguez Damas, have claimed $1 million prizes from the state's $1,000,000 A Year for Life Spectacular scratch-off game. Both winners opted for a one-time, lump-sum payment of $640,000 instead of the annuity payment. The game features two top prizes of $1 million-a-year for life and 234 prizes of $1 million, with odds of winning at 1 in 4.50. Tickets for the game can be purchased at various locations or online through Jackpocket in select U.S. states and territories.

via USA TODAY|
#000#000-a-year-for-life-spectacular#dollar1
lottery2 years ago

Gas Station Employee's Mistake Leads to Illinois Man Winning Big in Michigan Lottery

An Illinois man, Michael Sopejstal, won $390,000 in the Lucky For Life lottery after a gas station employee mistakenly printed a ticket with 10 lines for one draw instead of 10 draws. Sopejstal decided to receive his winnings as a one-time lump sum payment and plans to use the money for travel and savings. The Lucky For Life lottery offers a top prize of $1,000 a day for life, requiring players to match an extra Lucky Ball in addition to the first five numbers.

via NBC News|
#gas-station-mistake#illinois-man#lottery
lottery2 years ago

Fortunate Mistakes: Illinois Man Wins $25K a Year for Life in Lottery

A 60-year-old Illinois man, Michael Sopejstal, won $25,000 a year for life from a Lucky for Life lottery ticket he bought in Michigan. The win was the result of a lucky mistake by a gas station clerk who printed a ticket with 10 lines for one draw instead of 10 draws. Sopejstal chose to receive a lump sum payment of $390,000 instead of annual payments. He plans to use the money for travel and savings.

via USA TODAY|
#illinois#lottery#lucky-for-life
lottery2 years ago

Lottery Printing Error Turns Gas Station Employee's Mistake into $25,000 Annual Payout

A gas station employee's mistake led to Michael Sopejstal winning $25,000 a year for life in the Michigan Lottery. Sopejstal, who lives in Illinois, regularly buys Lucky for Life tickets when he visits Michigan. On September 17, the gas station accidentally printed a ticket with 10 lines for a single draw, and Sopejstal decided to keep it. He recently claimed his prize and opted for a one-time lump sum payment of $390,000. Sopejstal plans to use the money for travel and savings.

via KABC-TV|
#gas-station#lottery#lucky-for-life
human-interest2 years ago

Lottery Printing Error Makes Man a $25,000-a-Year Winner for Life

A man from Illinois won $25,000 a year for life after a retailer's mistake led to a ticket with 10 lines for a single draw. Michael Sopejstal chose the lump sum payment of $390,000 instead and plans to use the money for travel and savings. The Lucky for Life game is played in multiple states, with prizes ranging from $3 to a top prize of $1,000 a day for life.

via CNN|
#human-interest#lottery#lucky-for-life
lottery2 years ago

Lottery Printing Error Turns Man into Lifetime Winner

A man from Illinois won $25,000 a year for life in the Michigan Lottery after a printing error resulted in him purchasing a ticket with 10 lines for one draw instead of 10 draws. Opting for the lump-sum payment of $390,000, he plans to use the money for travel and savings. Lucky for Life offers players a chance to win prizes ranging from $3 to a lifetime of cash for just $2.

via ABC 10 News San Diego KGTV|
#lottery#lucky-for-life#lump-sum-payment
lottery2 years ago

"Record-breaking Powerball jackpot surpasses $1 billion mark"

The winning numbers for the $1.04 billion Powerball jackpot are 12, 26, 27, 43, 47, and Powerball 5. The jackpot is the second-largest this year and the fourth-largest in Powerball's history. If a player matches all the numbers, they can choose a lump sum payment of $478.2 million before taxes. The odds of winning any Powerball prize are 1 in 24.9, while the chances of winning the grand prize are 1 in 292.2 million. The drawing will take place at 10:59 ET on Monday night.

via CNN|
#jackpot#lottery#lump-sum-payment