It remains unclear if she was the true winner. On Thursday afternoon a woman ran screaming into Las Palmitas Mini Market claiming she was the winner, but left without giving her name or presenting a ticket. The final jackpot after taxes for the 29-year plan would be about $631,000,000. As California does not charge state income tax for lottery prizes, if the Jackpot winner chooses a lump sum they will take away about $325,000,000. AFP via Getty ImagesĪ 24% federal withholding tax is automatically applied to lump-sum takers, with roughly another 13% added for their new top-tier income bracket, totaling 37% handed over to the federal government, according to CNBC. A ticket holder in California won the massive Powerball jackpot worth $1.08 billion. They can choose to collect the full jackpot through annual increments paid out over 29 years (roughly $37million per year) or opt to walk away with a lump sum of $558.1 million upfront. Winners have been known to wait months before claiming their prize while they assemble financial and legal teams. The winner has up to one year to claim their cash, and California law stipulates they cannot remain anonymous once they do so. “Hispanic lady, an old lady,” Herrera’s stepdaughter, Angelica Menjivar, told The Post, “100% a Latina lady.” Nobody has come forward to claim the ticket yet, but the family of storeowner Navor Herrera believe it was an elderly woman who lives in the neighborhood. The winning ticket was sold at Las Palmitas Mini Market, a small convenience store in the Fashion District of downtown Los Angeles. Winning numbers were 7, 10, 11, 13, 24, and the red Powerball 24. Storeowners who sold $1 billion Powerball ticket in LA reveal winner: ‘100% a Latina!’Ī Powerball lottery player in California hit the $1.08 billion jackpot on Wednesday night, making them the winner of the third largest prize in the game’s history. Lawsuit claiming Edwin Castro is not real $2B lottery winner starts to crumble in court Mega Millions ramps up to $820M as questions linger over mystery Powerball winner Mega Millions jackpot climbs to $1.25 billion after no one hits the top prize
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