Thursday , November 7 2024

Two US lottery winners pull in a total exceeding $1 billion


Washington, United States | AFP |  Some lucky person in New Hampshire has won $560 million in a Powerball lottery, officials said Sunday, just two days after someone in Florida won a cool $450 million, helping push the weekend’s total past $1 billion, apparently for the first time in US history.

The winning ticket in New Hampshire was sold at Reeds Ferry Market in Merrimack, a city of 25,000, state lottery officials said. The identity of the winner was not immediately revealed.

The $560 million prize, the sixth-largest Powerball jackpot ever, came a year and a half after another New Hampshire player cashed in a $487 million Powerball ticket.

The winning Mega Millions ticket in Florida was purchased at a 7-Eleven convenience store in the small central town of Port Richey. The $450 million payout was the fourth-largest jackpot ever in that lottery.

That winner was also not identified.

Lottery officials in both states congratulated the winners but urged them to take proper precautions.

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“Before the winner begins making plans to buy an expensive yacht or a mansion, I would encourage him or her to take a moment to process what winning the prize means,” said Charlie McIntyre, executive director of the New Hampshire Lottery, in a statement Sunday.

The winner, he said, should sign the winning ticket; talk to a lawyer and meet with a financial professional; and “think about what you want to do with the money” before actually claiming the prize.

The New Hampshire winner has a full year to do so, and can choose between an instant cash payment of $358.5 million or yearly payments over 30 years for the full amount. The store that sold the winning ticket receives a $75,000 commission.

The winner in Florida has 180 days to claim the prize, either as a one-time payment of $281.2 million or in 30 annual payments. The 7-Eleven store that sold the ticket wins $100,000.

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