Oregon officials say a person with a ticket matching all six Powerball numbers in Saturday’s $1.3 billion jackpot has come forward to claim the prize.

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.”

  • Ajen@sh.itjust.works
    3·
    7 months ago

    The fundamental issue with winning the lottery is that nobody who understands personal finance enough to handle winning would ever waste money playing the lottery.

    It’s hard to imagine burning through $1.3B, but after taxes it’ll only be about $400M.

    I don’t think you understand personal finance. No one in America pays a 70% effective tax rate. How did you end up at $400M??

    • LizEnglish
      1·
      7 months ago

      Taking the lump sum, which is roughly half the grand prize, is practically always the better deal. Almost everyone takes the lump sum. If you want the full amount you get it in yearly installments over 40 years. Anyway, so you pay income taxes on the lump sum.