x

Society

Winner Comes forward to Claim $1.35B Mega Millions Jackpot

February 23, 2023

PORTLAND, Maine — The winner of a $1.35 billion Mega Millions jackpot — the fourth largest in U.S. history — has come forward to collect the prize, state officials said Wednesday.

The winner had been a mystery, and remains a mystery.

The Maine State Lottery said the winner chose to remain anonymous and collect the cash option through a limited liability company, LaKoma Island Investments LLC, instead of receiving the full amount in payments over time.

“The winner is thoughtfully considering the best uses of the life-changing prize,” a representative said in a statement.

By choosing the cash option, the winner will receive a one-time, lump-sum payment of $723,564,144 before taxes, officials said.

The winner had the option of coming forward in person with the winning ticket or remaining anonymous through a trust, lottery officials said.

The winning ticket was validated when a representative came to the lottery headquarters in Augusta on Friday, and the wire transfer of the money will take place before the end of the week, said Michael Boardman, deputy director of Maine Bureau of Alcoholic Beverages & Lottery Operation.

“I understand why someone would want to remain anonymous with this kind of money. We wish them well and hope they do good things with it,” he said.

The winning ticket for the Jan. 13 drawing was purchased at Hometown Gas & Grill in Lebanon, which is located on a busy highway in a small town near the New Hampshire border.

Owner Fred Cotreau said he had no idea who held the winning ticket.

“We’re going to wait and see if it’s a local. Who knows? Sometimes they come to the store and say thank you, but I’m not going to lose any sleep over it,” said Cotreau, who shared half of the store’s proceeds of $50,000 for selling the winning ticket with his employees.

If the winner had chosen to accept the full amount, then there would’ve been 30 payments over 29 years, Boardman said.

By accepting the cash payout, the winner will receive more than $498 million after taxes, Boardman said. Taxes in the amount of $173.6 million will go to the federal government and $51 million to the state, he said. The limited liability company that will receive the money was incorporated out of state, he said.

The winner overcame steep odds of 1 in 302.6 million, in the drawing on Friday the 13th, no less. It was the first Maine winner for the Mega Millions jackpot, which is played in 45 states as well as the District of Columbia and the U.S. Virgin Islands.

 

RELATED

NEW YORK — Twelve news organizations on Sunday urged presumptive presidential nominees Joe Biden and Donald Trump to agree to debates, saying they were a “rich tradition” that have been part of every general election campaign since 1976.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Evzones March in the Rain to Greek Flag Raising at Bowling Green in NYC (VIDEO)

NEW YORK – The heavy rain did not deter the Hellenic Presidential Guard, the Evzones, and the participants in the march from St.

ATHENS - Socialist PASOK leader Nikos Androulakis is keeping up a fusillade of criticism at Prime Minister Kyriakos Mitsotakis, this time challenging him for a debate ahead of the elections for European Parliament in June.

ATHENS - Trying to further wean off a 19th-Century source for energy - coal - Greece is moving more toward solar but it’s wind turbines on islands that have some environmentals anxious over the impact.

ATHENS - Frenchman Baron Pierre de Coubertin so had his heart set in the modern Olympic Games that he created, the first in Athens in 1896, that when he died he had his heart buried near the spot where the ancient games were held, in Olympia.

After the former ruling Radical Left SYRIZA stymied a gold mine operation and was often anti-business, Greece’s Deputy Environment and Energy Minister Alexandra Sdoukou said the New Democracy government wants more mining.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.