Current:Home > StocksPerson comes forward to claim $1.3 billion Powerball jackpot in Oregon -Trailblazer Capital Learning
Person comes forward to claim $1.3 billion Powerball jackpot in Oregon
View
Date:2025-04-13 19:58:53
PORTLAND, Ore. (AP) — A person with a ticket matching all six Powerball numbers in Saturday’s $1.3 billion jackpot came forward Monday to claim the prize, Oregon officials said.
The lottery ticket was purchased at a Plaid Pantry convenience store in the northeast part of the city, Oregon Lottery said in a statement.
Oregon Lottery is working with the person in a process that involves security measures and vetting that will take time before a winner is announced.
“This is an unprecedented jackpot win for Oregon Lottery,” Oregon Lottery Director Mike Wells said in the statement. “We’re taking every precaution to verify the winner before awarding the prize money.”
The jackpot has a cash value of $621 million if the winner chooses to take a lump sum rather than an annuity paid over 30 years, with an immediate payout followed by 29 annual installments. The prize is subject to federal taxes and state taxes in Oregon.
The prize was the fourth largest Powerball jackpot in history and the eighth largest among U.S. jackpot games, according to the Oregon Lottery.
The largest U.S. lottery jackpot won was $2.04 billion in California in 2022.
“Plaid Pantry is thrilled to learn that one of our 104 Oregon stores sold the $1.3 billion dollar Powerball ticket,” Plaid Pantry President and CEO Jonathan Polonsky said in the statement.
veryGood! (75)
Related
- Meet first time Grammy nominee Charley Crockett
- A fuel leak forces a US company to abandon its moon landing attempt
- Mehdi Hasan announces MSNBC exit after losing weekly show
- Amazon Can’t Keep These 21 Fashion Items in Stock Because They’re Always Selling Out
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Australia bans Nazi salute, swastika, other hate symbols in public as antisemitism spikes
- After a 'historic' year, here are the states with the strongest and weakest gun laws in 2024
- Wisconsin lumber company fined nearly $300,000 for dangerous conditions after employee death
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Jennifer Lopez laughs off 'Sad Affleck' memes, says Ben is 'happy'
Ranking
- Average rate on 30
- Budget agreement may include IRS cuts that curb plan to crack down on wealthy tax cheats
- Kremlin foe Navalny says he’s been put in a punishment cell in an Arctic prison colony
- Judge issues arrest warrant for man accused of killing thousands of bald eagles
- The Super Bowl could end in a 'three
- Ex-Green Beret stands with Venezuelan coup plotter ahead of U.S. sentencing on terror charges
- South Carolina Republican agenda includes energy resilience, gender care, Black history and guns
- CES 2024 updates: The most interesting news and gadgets from tech’s big show
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Budget agreement may include IRS cuts that curb plan to crack down on wealthy tax cheats
'Sex with a Brain Injury' reveals how concussions can test relationships
Under growing pressure, Meta vows to make it harder for teens to see harmful content
What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
Under growing pressure, Meta vows to make it harder for teens to see harmful content
Michigan wins College Football Playoff National Championship, downing Huskies 34-13
Thierry Henry says he had depression during career and cried “almost every day” early in pandemic