victor of New Jersey's colossal $1.13 billion lottery award eventually collects winnings
victor of New Jersey's colossal $1.13 billion lottery award eventually collects winnings
The victor of a staggering $1.128 billion from the Mega Millions draw has at long last decided to step forward and accept their mind-blowing winnings, as reported by the New Jersey Lottery's press release.
The lottery authorities confirm that this prize money is the fifth-highest in the game's nearly three-decade-long history.
The winning ticket was picked on March 26 at a ShopRite supermarket situated in the coastal township of Neptune, as per the Lottery's records.
Not unlike other lottery champions, the fortunate ticket owner has opted to receive a lump sum payment, amounting to $537.5 million, before taxes are deducted, as reported by the lottery authorities.
The winner, who is apparently a lover of privacy, has decided to stay hidden from the public eye, as mentioned by the lottery, thanks to a law passed in 2020 that permits lottery victors to withhold their identities from public records perpetually. The authorities note that it's not unusual for winners to delay their public appearance, having up to a full year to do so.
New Jersey collected $77 million from ticket sales during this draw, while the lucky ShopRite that sold the winning ticket will be rewarded with a $30,000 additional commission.
Mega Millions draws take place every Tuesday and Friday around 11:00 p.m. ET. The upcoming draw is scheduled for Christmas Eve, and the jackpot stands at an impressive $970 million – the ultimate holiday gift!
The victor has chosen to invest their winnings into a new business venture to secure financial stability.
The Mega Millions lottery game has become a significant source of revenue in New Jersey, often generating multibillion-dollar jackpots, like the current $970 million.