The lucky winner of the $1 billion Mega Millions lottery jackpot in Michigan is 44-year-old Christopher Strickland from Ortonville, Michigan. The Oct. 23, 2020 drawing saw matching Strickland’s five white balls (14-30-39-65-69) and the mega ball number (14) to win the top prize.
Strickland was a self-described “country boy” who had been playing Mega Millions since it began in 1996. He had been playing the same five numbers on his lucky Quick Pick ticket for the past year and was ecstatic when he saw he’d won the top prize, saying he had “a good feeling” the day of the drawing.
Strickland selected the one-time lump sum payment of $776,000,000, which after federal and state taxes will put him in the vicinity of $562,052,989. He plans on using his winnings to pay off his father’s mortgage, help his family and give back to his community.
Who was the Powerball winner in Michigan?
The winner of the Powerball Jackpot in Michigan on August 15, 2020 was 22-year-old Wahlberg family of Three Rivers, Michigan. Robert Wahlberg, a retired auto worker, his wife Judy, and their two sons Matthew and AJ were the lucky family to win $22 Million after matching all five white balls and the Powerball.
Robert claimed the jackpot after the October 7th, 2020 drawing with a one-time cash option of $14. 48 million. Having worked hard his entire life and dreaming of winning since he purchased his first ticket 40 years ago, Robert and his family said that they plan to use the money to retire and travel.
Has anyone won the lottery 7 times?
No, to date no one has won the lottery seven times. As most lotteries are random, it is extraordinarily rare to win even once, let alone multiple times. It would require a huge amount of luck to win the lottery seven times.
However, in some cases family members have won a lottery multiple times because they purchased tickets with the same numbers consistently.
For example, in 2008 a family of siblings in the UK won the lottery twice, five years apart, after playing the same lucky numbers each time, so they technically ‘won the lottery’ twice. They were the first family to do so, and it has not yet been achieved again.
Therefore, no one has yet won the lottery seven times.
What percentage of lottery winners go broke within 5 years?
It is difficult to provide an exact answer to this question as there is not a definitive answer, however, studies have been conducted that suggest that some percentage of lottery winners do go broke within five years of winning the lottery.
According to a study published in Forbes magazine, a staggering 70% of people who suddenly receive a large sum of money, such as lottery winnings, will lose it within a few years. This same study also found that approximately 1 in 3 lottery winners will file for bankruptcy within the first five years after winning the lottery.
Other studies suggest that the percentage of lottery winners who go broke within five years of winning the lottery is much lower than 70%, however, there is still a significant risk of financial instability associated with sudden wealth.
For example, a nationwide survey of jackpot lottery winners revealed that while only 6 percent of participants reported financial difficulties five years after winning the lottery, nearly half were still struggling to maintain their lifestyles four years after their winnings.
In summary, while there is no definitive answer to the question of what percentage of lottery winners go broke in five years, the data available shows that it is not an uncommon occurrence. Therefore, it is important for lottery winners to understand the financial risks associated with unexpected wealth and to take steps to plan for a secure financial future.
Has anyone in Michigan ever won the Mega Millions?
Yes, in October 2018 a ticket sold in Michigan matched all 6 Mega Millions numbers and won the Mega Millions jackpot of $1. 537 billion! This was the largest Mega Millions jackpot and the second largest lottery prize in history.
The winning ticket was sold at a Kroger store in Novi, Michigan, and the winner chose to remain anonymous. The prize was split among two tickets – one in South Carolina, and the other in Michigan. They each took home an estimated $877 million.
In addition to that huge win, Michigan has had plenty of other Mega Millions winners. From 2018 to February 2020, Michigan has had 10 second prize wins in which a player matched 5 of the 6 numbers and won a prize of up to $1 million.
Who is the richest lottery winner ever?
The richest lottery winner ever is Noel Torres from California who won an astounding Mega Millions jackpot worth $530 million in 2016. Mr. Torres opted to take the cash option of the winnings, which amounted to a single payment of $285.
5 million before taxes. At the time, his winnings tied him as the fifth largest jackpot in US lottery history.
Prior to winning the lottery, Mr. Torres worked at a local catering service. He and his family have since gone on to donate a portion of their winnings to charity, including the Freedom Service Dogs of America and the Boys & Girls Club of Santa Ana.
They also made the largest ever donation to the Illumination Foundation, which assists families who are homeless. Mr. Torres has used the remaining money to invest in a number of businesses, including a hotel and restaurant in his hometown, as well as to make philanthropic contributions to similar organizations.
Did anyone claim Mega Millions yet?
No, as of yet nobody has claimed the Mega Millions lottery drawing on November 27th, 2020. The winning numbers for the draw were 19, 21, 37, 40, 68 and a Mega Ball of 8. The estimated jackpot was $87 million, however, the exact amount won will not be known until the winner comes forward to claim their prize.
For the moment, the winning ticket remains unclaimed and the amount will continue to grow with each draw. Prizes unclaimed after 180 days of the draw date will be transferred to the Arizona Lottery Fund, benefiting education in the state.
How much did 1.5 billion lottery winner take home?
The amount taken home by the 1. 5 billion lottery winner depends on the specific lottery that was won and the state in which it was won. Some lotteries allow winners to opt for a lump sum payment or an annuity option.
The lump sum is the full advertised jackpot amount divided into 30 annual payments. In the case of the 1. 5 billion lottery win, the lump sum option may be worth around $1. 047 billion. However, this amount can be subject to taxes, depending on state law and other factors.
Additionally, if the winner opted for the annuity payment option, the total paid out would be closer to the full advertised amount, although it would be paid out over a period of 30 years.
How much do you get if you win 1.2 billion?
If you win 1.2 billion dollars, you would receive that amount in one lump sum, minus any taxes or other applicable fees, depending on the jurisdiction.
In the United States, the total amount you would receive would be approximately $800 million after federal taxes, which is currently 37% of the winnings. That would leave you with nearly a billion dollars, depending on where you live, which state you reside in, and other tax deductions.
Depending on the jurisdiction, there may also be other taxes and fees such as Social Security and Medicare that would need to be paid before the winnings are available to you in a lump sum, so it is important to be aware of all applicable taxes before claiming any winnings.
The exact amount of money you get after taxes may also vary due to the amount of time it takes for the winnings to be paid out. Most lotteries and casinos offer their winners a certain amount of time to claim the prize, and if you are unable to claim it in time, the amount may be subject to certain deductions for holding fees or other charges.
Therefore, it is important to be aware of all details attached to claiming your winnings, as well as all applicable taxes, before collecting the money.
How much did the winner of the 1.28 billion get paid?
The winner of the 1. 28 billion jackpot received their full lump sum payment of approximately $806 million. The entire jackpot was split between three winners from Florida, Tennessee, and California.
The Florida winner took home the lion’s share of $528. 8 million, the Tennessee winner about $24. 8 million, and the California winner about $274. 2 million. Each winner received the money in a single payment after taxes, rather than taking payments over the course of 30 years.
The after-tax amount of the Florida and California winners can be seen on the lottery’s website, as the winner’s identities were disclosed. All of the winners still need to manage the money wisely in order to preserve their newfound wealth.
Realistically, though, with such a large amount of money there is no wrong way to manage it.
Did anyone win the Mega last night?
No, no one won the Mega Millions last night. The winning numbers for the draw on August 19th, 2020, were 7, 19, 34, 47, 67, PB 16. Unfortunately, no ticket matched all six numbers. As a result, the jackpot has rolled over to an estimated $154 million for the next draw on August 23rd, 2020.