At this time, it is not known who won the billion dollar lotto ticket in question. As the lottery was a particular draw held in the United States and naturally subject to the country’s lottery laws, all information about the winner or winners, their identities and their ticket numbers, are kept confidential and not revealed to the general public.
Once the winner or winners of the billion dollar lotto ticket come forward to claim their winnings, the information may become public. Until then, the identity of the person or persons who won the billion dollar lotto ticket remains unknown.
Where was the$ 1. 9 billion lottery ticket sold?
The $1. 9 billion lottery ticket was sold in South Carolina. The winning ticket was a Mega Millions draw on October 23, 2018. It was the fourth largest jackpot in U. S. lottery history. The lucky winner is an anonymous South Carolina resident who chose to remain anonymous.
They will receive their prize in a lump sum of approximately $877 million before taxes, which is estimated to be the largest single lottery winnings ever in the United States. The winning ticket was purchased at a KC Mart store in Simpsonville, South Carolina.
Who is the guy that won the lottery 7 times?
The guy who won the lottery seven times is lotto investor and enthusiast, Michael J. Weirsky. A resident of New Jersey, Weirsky’s winning streak began after he acquired a Jersey Cash 5 lottery ticket in 2019.
His incredible luck scored him a jackpot of $273,002. A few months later, he won another $50,000 in the Cash4Life game. Then, in the spring of 2020, Weirsky placed a Powerball ticket and ended up winning a massive $273 million dollar grand prize.
But that didn’t stop his winning streak. Less than a year later, Weirsky won $1,000 from a scratch-off ticket and another $1,000 from an online Cash 5 game. He followed that up with yet another scratcher, winning $10,000.
Then, in January 2021, Weirsky won an incredible $5 million from the Pick 6 drawing. All told, Michael J. Weirsky has now won seven lottery games and nine major prizes for a total of nearly $559 million.
What is the first thing you should do if you win the lottery?
If I were to win the lottery, the first thing I would do is contact a financial advisor who specializes in financial planning for lottery winners. Having the right advisor is essential to ensure that my winnings stay secure and that I make the most of my new-found wealth.
A financial advisor will be able to help me to invest my winnings in the most advantageous manner and will also advise me on the tax implications of my winnings. They can also suggest spending techniques that will enable me to stretch out my winnings and ensure that I have a comfortable retirement.
Additionally, a financial advisor can provide guidance on creating a charitable giving plan to give back to the community.
How much would you take home from Powerball after taxes?
The amount of money an individual would take home from Powerball after taxes varies depending on several factors, such as where they live and the amount they have won. Federal taxes are required to be paid on lottery winnings in the U.
S. , so no matter if you are a resident in a state that doesn’t have state income tax or not, the federal taxes will apply. The amount of taxes due is determined by the Internal Revenue Service (IRS) based on federal tax brackets for the particular year.
The tax rate for the 2020 tax year (filing in 2021) is 37% on income above $518,400 for individuals, therefore any lottery winnings from any source above this amount would be subject to being taxed at the same rate.
In addition to the federal tax liability, state taxes may apply as well, depending on which state the taxpayer resides in and where the lottery ticket was purchased. For example, North Carolina charges a 3.
07% state income tax on lottery winnings over $5,000, while New York has their tax go up to 8. 82% (over $1 million).
Therefore, the amount an individual would take home from Powerball after taxes would depend on the amount they had won and the state they are a resident in.
What is the highest paying lottery in the world?
The highest paying lottery in the world is known as ‘Powerball’, with jackpots starting at $40 million and reaching as high as $1. 586 billion. Powerball is an American lottery game that is played in 44 US states along with two jurisdictions, the District of Columbia and the US Virgin Islands.
Players purchase Powerball tickets and choose five main numbers from 1 to 69 and one Powerball number from 1 to 26. Drawings are held twice a week on Wednesdays and Saturdays, with designated cut-off times on the day of the draw.
Powerball is managed by the Multi-State Lottery Association, a nonprofit organization that operates with US lottery member states. In addition to the massive prizes available with Powerball, the lottery also offers an array of secondary prizes that range from $2 up to a maximum of $2 million.
What is the largest lottery payout ever?
The largest lottery payout ever recorded was the $1. 586 billion Powerball jackpot won by three ticket holders in January 2016. The three winning tickets were purchased in California, Tennessee, and Florida and split the record-breaking top prize.
This gargantuan lottery payout broke the previous record of $656 million set by Mega Millions in March 2012. Aside from the record $1. 586 billion jackpot, hundreds of smaller prizes were also won during the January 2016 drawing, including eight second-place prizes of $2 million and one third place prize of $1 million.
What are the 3 luckiest numbers?
The 3 luckiest numbers in the world are 3, 7 and 9.
The number 3 is considered to be lucky as it is associated with the Trinity in several religions and signifies completeness, perfection and beginning of something. People also tend to believe that good things come in threes and that three is a lucky number to draw or choose.
The number 7 is another lucky number, which is thought to be related to spiritual and religious ideas, as well as the idea of luck. It is believed that 7 is a lucky number because it is a prime number, which means it has many unique properties.
Finally, the number 9 is believed to be a lucky number due to its relationship with completion and balance. People may also believe that 9 is lucky because it can represent 3 sets of 3, and 3 is considered a lucky number.
What are the 6 most common winning lottery numbers?
The exact answer to this question is difficult to ascertain, as lottery numbers drawn can vary significantly and be completely unpredictable. That said, various sources have attempted to identify the most common numbers drawn in various lotteries across the world, and the following numbers seem to stand out in most analyses: 23, 34, 38, 4, 19, and 14.
Beyond the six most common lottery numbers, certain other numbers tend to come up more often than random chance would dictate. For example, the number 7 appears more frequently than chance would allow in the UK Lottery, and the numbers 13, 4, 9, and 31 are common in the Irish Lottery.
Meanwhile, in the Powerball lottery, some of the most commonly seen numbers are 3, 31, 18, 33, 2, 5, 25, 10, 27, and 16.
However, it is important to note that no number is ever guaranteed to show up in any given lottery draw. Every lottery brings with it an element of luck, and ultimately all numbers have an equal chance of being drawn.
Do more quick picks Win on lottery?
No, quick picks are not more likely to win on the lottery. Although it may seem like the most efficient way to select numbers, relying on a machine to randomly choose your numbers does not increase your chances of winning.
Lottery payouts are determined by randomness, and it doesn’t matter how you select your numbers as long as they are chosen randomly. Additionally, just because you’ve seen someone else win with a quick pick doesn’t mean it will happen again.
The chances of winning the lottery are low regardless of how you select your numbers. Ultimately, the most important tip for playing the lottery is to play responsibly and within your budget.
Where was the winning ticket sold for Mega Million?
The winning ticket for the Mega Millions jackpot on November 24th, 2020 was sold at the Eagle Express Mart located at 2288 Nostrand Avenue in Brooklyn, New York. The ticket was purchased by resident Joanne Cuato for the estimated $202 million annuity jackpot.
This was the largest single-ticket New York Mega Millions jackpot ever, and one of the 25 largest Mega Millions jackpots since the game began in 2002. The lucky winner will now have the option to receive their prize either as an annuity paid out over the next 30 years or as a lump sum of roughly $136 million before taxes.
How long does it take to get winnings from Mega Millions?
It typically takes between one to three weeks to get winnings from Mega Millions after the drawing. If you have your ticket validated by a retailer or a lottery office be sure to sign the back and keep a copy in a safe place.
Once your ticket is validated, you can choose to collect your winnings as a one-time, lump-sum payment or as a 25-year annuity. If you choose the lump sum, you will get your winnings within days, depending on the method of payment you’ve selected.
If you choose the annuity option, you’ll receive payments over 25 years. Payment methods depend on the jurisdiction in which you purchased the ticket. For example, Powerball and Mega Millions tickets purchased in Illinois must be paid by check or direct deposit.
If you’ve won a more significant amount of money such as $1 million or more, you may have to wait up to 45 days for your winnings. All prize money is subject to state and federal taxation, so it’s important to contact a financial advisor if you win a significant amount of money.
In some states, you may also be able to collect your winnings anonymously, if you prefer.
How do mega million winners get paid?
Mega Millions winners typically have the option to receive their winnings in the form of a one-time lump sum or an annuity. If the winner selects the lump sum option, the Mega Millions prize is paid out in one payment equal to the current estimated value of the cash option.
The cash option amount is calculated by taking the advertised jackpot prize, dividing it by the total number of jackpot winners, and then subtracting applicable federal and state taxes for each prize winner.
If the winner selects the annuity option, the Mega Millions prize is paid out through 30 annual payments, with the first payment being made immediately after the prize is claimed. Each annual payment includes applicable federal and state taxes.
The annuity prize is paid on an increase basis over the 30-year term, with a fixed 5% annual interest rate. In both cases, winners must provide proper identification, fill out a claims form, and pay applicable taxes before the prize is paid out.
Can the IRS take your lottery winnings?
Yes, the IRS can take your lottery winnings if you fail to pay the taxes due. Lottery winnings are generally considered taxable income and must be reported on your federal and state income tax returns.
Depending on the size of your winnings, you may have to pay a federal, state and/or local tax. You can choose to have taxes withheld from your winnings at the time of your payout or pay the taxes on your winnings in full when you file your tax return.
If you fail to pay the taxes due on your winnings, the IRS may be able to seize assets, place a lien on property, or even garnish your wages in order to collect.
How do lottery winners get their money?
Lottery winners typically receive their winnings in one of two ways – either as an annuity or a lump sum. If the winner chooses the annuity option, the lottery will make annual payments for the duration of the award, usually for 20 to 30 years.
These payments are funded from the investments made from the proceeds of the lottery. If the winner chooses the lump sum option, they will receive a one-time payment that is the total amount of the prize, less any applicable taxes.
The lump sum option is usually the larger amount, but it is also the same amount that the lottery would pay out over the payment period if the annuity option was chosen. After the winner is declared, the appropriate state lottery branch will contact the winner and provide instructions on collecting their winnings and verifying their identity.