Current:Home > InvestPerson comes forward to claim $1.3 billion Powerball jackpot in Oregon -Quantum Finance Bridge
Person comes forward to claim $1.3 billion Powerball jackpot in Oregon
View
Date:2025-04-20 07:09:44
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! (375)
Related
- Intel's stock did something it hasn't done since 2022
- Q&A: What Do Meteorologists Predict for the 2024 Hurricane Season?
- Veteran Nebraska police officer killed in crash when pickup truck rear-ended his cruiser
- Q&A: What Do Meteorologists Predict for the 2024 Hurricane Season?
- What to watch: O Jolie night
- Get Gym Ready With Athleta’s Warehouse Sale, Where You Can Get up to 70% off Cute Activewear
- Coachella 2024: See Kendall Jenner, Emma Roberts and More Celebrities at the Desert Music Festival
- Can homeless people be fined for sleeping outside? A rural Oregon city asks the US Supreme Court
- Retirement planning: 3 crucial moves everyone should make before 2025
- Progressive candidates are increasingly sharing their own abortion stories after Roe’s demise
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- OJ Simpson's trial exposed America's racial divide. Three decades later, what's changed?
- Biden’s ballot access in Ohio and Alabama is in the hands of Republican election chiefs, lawmakers
- Fugitive police officer arrested in killing of college student in Mexico
- Current, future North Carolina governor’s challenge of power
- Boston University's Macklin Celebrini wins Hobey Baker Award
- Julian Assange's wife takes hope as Biden says U.S. considering dropping charges against WikiLeaks founder
- Search continues in Maine as officer is charged with lying about taking missing person to hospital
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Benteler Steel plans $21 million expansion, will create 49 jobs
J. Cole takes apparent swipe at Drake in 'Red Leather' after Kendrick Lamar diss apology
Houston area teacher, son charged with recruiting teenage students for prostitution
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Woman with history of DUIs sentenced to 15 years to life for California crash that killed mom-to-be
Fracking-Induced Earthquakes Are Menacing Argentina as Regulators Stand By
Prosecutors: Brooklyn man's head, torso kept in fridge for 2 years; couple arrested