Ticket bought in Illinois wins $1.337B Mega Millions jackpot

Jul 29, 2022, 5:14 PM | Updated: Jul 30, 2022, 4:23 pm
Vehicles are parked outside the Illinois Speedway gas station in Des Plaines, Ill., where the winni...

Vehicles are parked outside the Illinois Speedway gas station in Des Plaines, Ill., where the winning Mega Millions lottery ticket was sold, Saturday, July 30, 2022. A ticket-holder in the state clinched the $1.337 billion Mega Millions jackpot from the ticket was sold there. (AP Photo/Nam Y. Huh)

(AP Photo/Nam Y. Huh)

CHICAGO (AP) — A single ticket bought in a Chicago suburb beat the odds and won a $1.337 billion Mega Millions jackpot.

According to megamillions.com, there was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines.

The winning numbers were: 13-36-45-57-67, Mega Ball: 14.

“We are thrilled to have witnessed one of the biggest jackpot wins in Mega Millions history,” Ohio Lottery Director Pat McDonald, the current Lead Director for the Mega Millions Consortium, said in a statement on the lottery’s website. “We’re eager to find out who won and look forward to congratulating the winner soon!”

The jackpot was the nation’s third-largest lottery prize. It grew so large because no one had matched the game’s six selected numbers since April 15. That’s 29 consecutive draws without a jackpot winner.

Lottery officials had estimated the winning take at $1.28 billion, but revised the number up to $1.337 billion on Saturday.

The total prize is for winners who choose the annuity option, paid annually over 29 years. Most winners opt for the cash option, which for Friday night’s drawing was an estimated $780.5 million.

The odds of winning the jackpot are 1 in 302.5 million.

According to the Illinois Lottery, the store that sold the ticket is a pretty big winner, too; it will receive half a million dollars just for selling the ticket. A clerk at the Speedway store who answered the phone but declined to give his name said the store had not been officially notified that it sold the winning ticket and that he learned about it from reporters calling for comment.

Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. The game is coordinated by state lotteries.

Illinois is among the states where winners of more than $250,000 can choose to not reveal their names and Illinois Lottery spokeswoman Emilia Mazur said the vast majority of those winners do just that.

Even lottery officials may not know for a while who won because winners don’t have to come forward straight away. And the winning ticket may have been bought by a group of people.

“We won’t know whether it’s an individual or it’s a lottery pool until the winner comes forward to claim their prize,” National Mega Millions spokeswoman Danielle Frizzi-Babb said.

As of Saturday afternoon, no winner had come forward, according to Mazur.

Emily Irwin, managing director, Advice & Planning, at Wells Fargo’s Wealth & Investment Management, said Friday that the winner should consider keeping a low profile and resist going on an eyebrow-raising spending spree that everyone knows the winner cannot afford.

“This is not the time to start calling everybody you know, saying, ‘Hey, I have a big secret. Can you keep it?'” Irwin said.

This is necessary to avoid being inundated with requests for money.

“There are scammers and others who follow big winners,” she said, admitting that sudden wealth can put a lottery winner in physical danger.

“Privacy equals safety,” she said.

One thing the winner must do immediately is sign the ticket. That’s because if the ticket hasn’t been signed then it really isn’t yours. If the winner loses an unsigned ticket and another person finds it and signs it, the ticket now belongs to them.

Irwin suggests a step further to survive a legal battle over ownership.

“Take a Polaroid of you holding it and (put) it in a safe deposit box or somewhere else safe,” she said.

Pratik Patel, the head of Family Wealth Strategies at BMO Family Office in Chicago, said the winner should work with a financial planner to map out their future.

“I would run a Monte Carlo market simulation,” Patel said, explaining that this is an analysis of what a winner’s annual income might be and what the proceeds from various investments might be. “What you’re doing is using analytics to inform your spending.”

Frizzi-Babb agrees that talking to a financial planner is a good idea.

“I would suggest that you do that before you even set foot in a lottery office,” she said.

One expert who has worked with past lottery winners says the winners should avoid going to the lottery office altogether, instead sending an attorney or financial adviser to preserve their anonymity — if lottery officials allow.

“There are going to be people doing everything they can to figure out who the winner is,” said Kim Kamin, who was a trusts and estates attorney for 17 years and now teaches estate planning at Northwestern University’s law school. “There are going to be many eyes watching.”

There is also a question nobody wants to answer at that particular time: What happens to the money when you die?

Irwin said don’t leave this unanswered; you must take action to ensure the bulk of your estate goes to your beneficiaries rather than the government.

“You need a manager who specializes in this and understands this world,” said Patel. “Someone making $60,000 a year might need a certain type of professional manager and they may want to switch to someone who does ultra wealth.”

Whatever the winner does, it is important to do it slowly.

“You can absolutely indulge but let’s be smart about it,” Patel said. “It’s a lot of money but until you figure out what you can afford, there are still limitations.”

For example, he said, consider chartering a private jet before diving in and buying one.

“You may be interested in owning your favorite basketball team,” he warned, “but maybe that isn’t a good idea if it uses up all your money.”

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE — Pro-union pins sit on a table during a watch party for Starbucks' employees union election...
Associated Press

Starbucks asks labor board to halt union votes temporarily

Starbucks on Monday asked the National Labor Relations Board to temporarily suspend all union elections at its U.S. stores, citing allegations from a board employee that regional NLRB officials improperly coordinated with union organizers. In a letter to the board chairman and other officials, Starbucks said the unnamed career NLRB employee informed the company about […]
23 hours ago
The Lost Mural hangs in the entryway of Ohavi Zedek Synagogue, in Burlington, Vt., July 29, 2022. T...
Associated Press

Long-hidden synagogue mural gets rehabbed, relocated

BURLINGTON, Vt. (AP) — A mural that was painted in a Vermont synagogue more than 100 years ago by a Lithuanian immigrant — and hidden behind a wall for years– has been termed a rare piece of art and has been painstakingly moved and restored. The large colorful triptych painted by sign painter Ben Zion […]
23 hours ago
FILE - In this photo provided by South Korea Defense Ministry, a missile is fired during a joint tr...
Associated Press

US, South Korea to begin expanded military drills next week

SEOUL, South Korea (AP) — The United States and South Korea will begin their biggest combined military training in years next week in the face of an increasingly aggressive North Korea, which has been ramping up weapons tests and threats of nuclear conflict against Seoul and Washington, the South’s military said Tuesday. The allies’ summertime […]
23 hours ago
Wilbur Slockish Jr., a river chief of the Klickitat Band of the Yakama Nation, looks at petroglyphs...
Associated Press

River chief imprisoned for fishing fights for sacred rights

THE DALLES, Oregon (AP) — Wilbur Slockish Jr. has been shot at, had rocks hurled at him. He hid underground for months, and then spent 20 months serving time in federal prisons across the country — all of that for fishing in the Columbia River. But Slockish, a traditional river chief of the Klickitat Band […]
23 hours ago
Water rushes through Lyle Falls in the Klickitat River, a tributary that runs into the Columbia Riv...
Associated Press

Columbia River’s salmon are at the core of ancient religion

ALONG THE COLUMBIA RIVER (AP) — James Kiona stands on a rocky ledge overlooking Lyle Falls where the water froths and rushes through steep canyon walls just before merging with the Columbia River. His silvery ponytail flutters in the wind, and a string of eagle claws adorns his neck. Kiona has fished for Chinook salmon […]
23 hours ago
FILE - Visitors view the dramatic bend in the Colorado River at the popular Horseshoe Bend in Glen ...
Associated Press

Colorado River cuts expected for Arizona, Nevada and Mexico

SALT LAKE CITY (AP) — The federal government on Tuesday is expected to announce water cuts to states that rely on the Colorado River as drought and climate change leave less water flowing through the river and deplete the reservoirs that store it. The Colorado River provides water to 40 million people across seven states […]
23 hours ago

Sponsored Articles

Work at Zum Services...

Seattle Public Schools announces three-year contract with Zum

Seattle Public Schools just announced a three-year contract with a brand-new company to the Pacific Northwest to assist with their student transportation: Zum.
Swedish Cyberknife 900x506...

June is Men’s Health Month: Here’s Why It’s Important To Speak About Your Health

According to the Centers for Disease Control and Prevention, men in the United States, on average, die five years earlier than women.
...

Anacortes – A Must Visit Summertime Destination

While Anacortes is certainly on the way to the San Juan Islands (SJI), it is not just a destination to get to the ferry… Anacortes is a destination in and of itself!
...

Ready for your 2022 Alaskan Adventure with Celebrity Cruises?

Celebrity Cruises SPONSORED — A round-trip Alaska cruise from Seattle is an amazing treat for you and a loved one. Not only are you able to see and explore some of the most incredible and visually appealing natural sights on the planet, but you’re also able to relax and re-energize while aboard a luxury cruise […]
...

Compassion International Is Determined to ‘Fill’ a Unique Type of Football ‘Stadium’

Compassion International SPONSORED — During this fall’s football season—and as the pandemic continues to impact the entire globe—one organization has been urging caring individuals to help it “fill” a unique type of “stadium” in order to make a lasting difference in the lives of many. Compassion International’s distinctive Fill the Stadium (FtS, fillthestadium.com) initiative provides […]
...

What are the Strongest, Greenest, Best Windows?

Lake Washington Windows & Doors SPONSORED — Fiberglass windows are an excellent choice for window replacement due to their fundamental strength and durability. There is no other type of window that lasts as long as fiberglass; so why go with anything else? Fiberglass windows are 8x stronger than vinyl, lower maintenance than wood, more thermally […]
Ticket bought in Illinois wins $1.337B Mega Millions jackpot