• Virginia News
  • West Virginia News
  • National News
  • Login
  • My account
  • Subscribe
Subscribe For $2.50/month
Mountain Media, LLC
  • National News
  • WV State News
  • WV Newspapers
    • Calhoun Chronicle
    • Clay County Free Press
    • Mountain Messenger
    • Moorefield Examiner
    • Parsons Advocate
    • Pocahontas Times
    • Shinnston News & Harrison County Journal
    • Pendleton Times
    • Hashtag
  • WV Counties
    • Calhoun County
    • Clay County
    • Hardy County
    • Greenbrier County
    • Pocahontas County
    • Harrison County
    • Tucker County
  • VA State News
  • VA Newspapers
    • The Enterprise
    • Henry County Enterprise
    • Fincastle Herald
    • New Castle Record
    • News Journal
    • News Messenger
    • Roanoke Tribune
    • Salem Times Register
    • Vinton Messenger
  • VA Counties
    • Botetourt County
    • Craig County
    • Henry County
    • Montgomery County
      • News Messenger
      • News Journal
    • Patrick County
    • Salem County
      • Salem Times Register
      • Roanoke Tribune
      • Vinton Messenger
  • Press Releases
  • Contact
  • About Us
  • Subscribe
No Result
View All Result
Mountain Media, LLC
No Result
View All Result
Mountain Media, LLC
No Result
View All Result

Winner comes forward to claim $1.35B Mega Millions jackpot

February 22, 2023
in National News
0
0
SHARES
1
VIEWS
Share on FacebookShare on Twitter

PORTLAND, Maine (AP) — The winner of a $1.35 billion Mega Millions jackpot — the fourth largest in U.S. history — has come forward to collect the prize, state officials said Wednesday.

The winner had been a mystery, and remains a mystery.

The Maine State Lottery said the winner chose to remain anonymous and collect the cash option through a limited liability company, LaKoma Island Investments LLC, instead of receiving the full amount in payments over time.

“The winner is thoughtfully considering the best uses of the life-changing prize,” a representative said in a statement.

By choosing the cash option, the winner will receive a one-time, lump-sum payment of $723,564,144 before taxes, officials said.

The winner had the option of coming forward in person with the winning ticket or remaining anonymous through a trust, lottery officials said.

The winning ticket was validated when a representative came to the lottery headquarters in Augusta on Friday, and the wire transfer of the money will take place before the end of the week, said Michael Boardman, deputy director of Maine Bureau of Alcoholic Beverages & Lottery Operation.

“I understand why someone would want to remain anonymous with this kind of money. We wish them well and hope they do good things with it,” he said.

The winning ticket for the Jan. 13 drawing was purchased at Hometown Gas & Grill in Lebanon, which is located on a busy highway in a small town near the New Hampshire border.

Owner Fred Cotreau said he had no idea who held the winning ticket.

“We’re going to wait and see if it’s a local. Who knows? Sometimes they come to the store and say thank you, but I’m not going to lose any sleep over it,” said Cotreau, who shared half of the store’s proceeds of $50,000 for selling the winning ticket with his employees.

If the winner had chosen to accept the full amount, then there would’ve been 30 payments over 29 years, Boardman said.

By accepting the cash payout, the winner will receive more than $498 million after taxes, Boardman said. Taxes in the amount of $173.6 million will go to federal government and $51 million to the state, he said. The limited liability company that will receive the money was incorporated in Las Vegas, he said.

The winner overcame steep odds of 1 in 302.6 million, in the drawing on Friday the 13th, no less. It was the first Maine winner for the Mega Mills jackpot, which is played in 45 states as well as the District of Columbia and the U.S. Virgin Islands.

___

Follow David Sharp on Twitter @David_Sharp_AP

Previous Post

Biden: Putin’s suspension of US arms treaty ‘big mistake’

Next Post

How credit scores are evolving to improve access to credit

Next Post

How credit scores are evolving to improve access to credit

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • National News
  • WV State News
  • WV Newspapers
  • WV Counties
  • VA State News
  • VA Newspapers
  • VA Counties
  • Press Releases
  • Contact
  • About Us
  • Subscribe

Mountain Media, LLC PO Box 429 Lewisburg, WV 24901 (304) 647-5724 Email: frontdesk@mountainmedianews.com

  • Login
  • Sign Up
Forgot Password?
Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.
body::-webkit-scrollbar { width: 7px; } body::-webkit-scrollbar-track { border-radius: 10px; background: #f0f0f0; } body::-webkit-scrollbar-thumb { border-radius: 50px; background: #dfdbdb }
No Result
View All Result
  • National News
  • WV State News
  • WV Newspapers
    • Calhoun Chronicle
    • Clay County Free Press
    • Mountain Messenger
    • Moorefield Examiner
    • Parsons Advocate
    • Pocahontas Times
    • Shinnston News & Harrison County Journal
    • Pendleton Times
    • Hashtag
  • WV Counties
    • Calhoun County
    • Clay County
    • Hardy County
    • Greenbrier County
    • Pocahontas County
    • Harrison County
    • Tucker County
  • VA State News
  • VA Newspapers
    • The Enterprise
    • Henry County Enterprise
    • Fincastle Herald
    • New Castle Record
    • News Journal
    • News Messenger
    • Roanoke Tribune
    • Salem Times Register
    • Vinton Messenger
  • VA Counties
    • Botetourt County
    • Craig County
    • Henry County
    • Montgomery County
      • News Messenger
      • News Journal
    • Patrick County
    • Salem County
      • Salem Times Register
      • Roanoke Tribune
      • Vinton Messenger
  • Press Releases
  • Contact
  • About Us
  • Subscribe

Mountain Media, LLC PO Box 429 Lewisburg, WV 24901 (304) 647-5724 Email: frontdesk@mountainmedianews.com