Warning: unlink(/home/customer/www/gasiantimes.com/public_html/wp-content/temp/jnewslibrary-EKdCZY.tmp): No such file or directory in /home/customer/www/gasiantimes.com/public_html/wp-admin/includes/class-wp-filesystem-ftpext.php on line 142
Ticket bought in Illinois wins $1.337B Mega Millions jackpot - Georgia Asian Times
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
ABOUT
Advertise in GAT
Contact us
Sunday, March 26, 2023
Georgia Asian Times
International Insurance of Georgia
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
  • Login
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
No Result
View All Result
Georgia Asian Times
No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts
Home Lifestyle

Ticket bought in Illinois wins $1.337B Mega Millions jackpot

There was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines.

Georgia Asian Times by Georgia Asian Times
July 30, 2022
in Lifestyle
Ticket bought in Illinois wins $1.337B Mega Millions jackpot
Share on FacebookShare on Twitter

Chicago, July 30, 2022 — A single ticket bought in a Chicago suburb beat the odds and won a $1.337 billion Mega Millions jackpot.

According to megamillions.com, there was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines.

The winning numbers were: 13-36-45-57-67, Mega Ball: 14.

“We are thrilled to have witnessed one of the biggest jackpot wins in Mega Millions history,” Ohio Lottery Director Pat McDonald, the current Lead Director for the Mega Millions Consortium, said in a statement on the lottery’s website. “We’re eager to find out who won and look forward to congratulating the winner soon!”

AD: High Museum of Atlanta

The jackpot was the nation’s third-largest lottery prize. It grew so large because no one had matched the game’s six selected numbers since April 15. That’s 29 consecutive draws without a jackpot winner.

Lottery officials had estimated the winning take at $1.28 billion, but revised the number up to $1.337 billion on Saturday.

The total prize is for winners who choose the annuity option, paid annually over 29 years. Most winners opt for the cash option, which for Friday night’s drawing was an estimated $780.5 million.

The odds of winning the jackpot are 1 in 302.5 million.

According to the Illinois Lottery, the store that sold the ticket is a pretty big winner, too; it will receive half a million dollars just for selling the ticket. A clerk at the Speedway store who answered the phone but declined to give his name said the store has not been officially notified officially that it sold the winning ticket and that he learned about it from reporters calling for comment.

Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. The game is coordinated by state lotteries.

Illinois is among the states where winners of more than $250,000 can choose to not reveal their names and Illinois Lottery spokeswoman Emilia Mazur said the vast majority of those winners do just that.

Even lottery officials may not know for a while who won because winners don’t have to come forward straight away. And the winning ticket may have been bought by a group of people.

“We won’t know whether it’s an individual or it’s a lottery pool until the winner comes forward to claim their prize,” National Mega Millions spokeswoman Danielle Frizzi-Babb said.

As of Saturday afternoon, no winner had come forward, according to Mazur.

Emily Irwin, managing director, Advice & Planning, at Wells Fargo’s Wealth & Investment Management, said Friday that the winner should consider keeping a low profile and resist going on an eyebrow-raising spending spree that everyone knows the winner cannot afford.

“This is not the time to start calling everybody you know, saying, ‘Hey, I have a big secret. Can you keep it?’” Irwin said.

This is necessary to avoid being inundated with requests for money.

“There are scammers and others who follow big winners,” she said, admitting that sudden wealth can put a lottery winner in physical danger.

“Privacy equals safety,” she said.

One thing the winner must do immediately is sign the ticket. That’s because if the ticket hasn’t been signed then it really isn’t yours. If the winner loses an unsigned ticket and another person finds it and signs it, the ticket now belongs to them.

Irwin suggests a step further to survive a legal battle over ownership.

“Take a Polaroid of you holding it and (put) it in a safe deposit box or somewhere else safe,” she said.

Pratik Patel, the head of Family Wealth Strategies at BMO Family Office in Chicago, said the winner should work with a financial planner to map out their future.

“I would run a Monte Carlo market simulation,” Patel said, explaining that this is an analysis of what a winner’s annual income might be and what the proceeds from various investments might be. “What you’re doing is using analytics to inform your spending.”

Frizzi-Babb agrees that talking to a financial planner is a good idea.

“I would suggest that you do that before you even set foot in a lottery office,” she said.

One expert who has worked with past lottery winners, says the winners should avoid going to the lottery office altogether, instead sending an attorney or financial adviser to preserve their anonymity — if lottery officials allow.

“There are going to be people doing everything they can to figure out who the winner is,” said Kim Kamin, who was a trusts and estates attorney for 17 years and now teaches estate planning at Northwestern University’s law school. “There are going to be many eyes watching.”

There is also a question nobody wants to answer at that particular time: What happens to the money when you die? – AP

Previous Post

China’s Xi warns Biden over Taiwan, calls for cooperation

Next Post

BTS may perform while on military service

Georgia Asian Times

Georgia Asian Times

Related Posts

Duran Duran to reunite with ex-bandmate Andy Taylor on new project
Lifestyle

Duran Duran to reunite with ex-bandmate Andy Taylor on new project

March 22, 2023
Review: John Wick gets even more stylish in fourth episode
Lifestyle

Review: John Wick gets even more stylish in fourth episode

March 22, 2023
Beloved and debated, French bulldog becomes top US dog breed
Lifestyle

Beloved and debated, French bulldog becomes top US dog breed

March 15, 2023
For Asian Americans, Yeoh, Quan’s Oscar wins are theirs too
Lifestyle

For Asian Americans, Yeoh, Quan’s Oscar wins are theirs too

March 14, 2023
‘Everything’ wins best picture, is everywhere at Oscars
Lifestyle

‘Everything’ wins best picture, is everywhere at Oscars

March 13, 2023
Chanel’s camellias, empty chairs close Paris Fashion Week
Lifestyle

Chanel’s camellias, empty chairs close Paris Fashion Week

March 8, 2023
Next Post
Hitmakers BTS stamp their authority on American Music Awards

BTS may perform while on military service

Signup Free E-Newsletter

Upcoming Events

Apr 7
8:00 am - 3:30 pm

Symposium on Asia-USA Partnership Opportunities (SAUPO) 2023

May 6
9:00 am - 4:00 pm

GAT AAPI Summit 2023

Jul 14
6:00 pm - 10:30 pm

GAT 25 Most Influential Asian Americans in Georgia 2023

View Calendar
Logo

 

CONTACT US

Follow Us

MOST INFLUENTIAL

GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

GAT 25 Most Influential Asian Americans Gala celebrates Asian voice

July 18, 2022

Video highlights of GAT 25 Most Influential Asian Americans in Georgia

July 17, 2022

2022 GAT 25 Most Influential Asian Americans in Georgia-Awards Gala

July 17, 2022

LINKS OF INTEREST

ATL Asian Film Festival

     

  • Contact Us
  • Advertise in GAT
  • About
  • Privacy Policy
  • Terms of Use

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

No Result
View All Result
  • Home
  • Metro Asian News
  • Misc Asia
  • Lifestyle
  • Business
  • Art
  • Health
  • Eat Out
  • Events
  • Podcasts

© 2023 Georgia Asian Times - Empowered by 8SOL. Managed by Arckopolis.

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Subscribe

Stop scrolling through endless social media feeds for news. Sign up for our website FREE Newsletter and get news that matters to you. We filter out fluff, so you don’t have to.

    Loading
    Loading
    Loading
    Loading
    Loading
    Register for FREE to read the rest of this article, or log in to your account.

      Or Login Here :

      Login

      Are you sure want to unlock this post?
      Unlock left : 0
      Are you sure want to cancel subscription?

      Warning: unlink(/home/customer/www/gasiantimes.com/public_html/wp-content/temp/jnewsfirstload-Q9Z1Gz.tmp): No such file or directory in /home/customer/www/gasiantimes.com/public_html/wp-admin/includes/class-wp-filesystem-ftpext.php on line 142