Winner comes forward to claim $1.35B Mega Millions jackpot

Feb 21, 2023, 6:40 PM | Updated: Feb 22, 2023, 7:37 pm
FILE - A Mega Million sign displays the estimated jackpot of $1.35 Billion at the Cranberry Super M...

FILE - A Mega Million sign displays the estimated jackpot of $1.35 Billion at the Cranberry Super Mini Mart in Cranberry, Pa., Jan. 12, 2023. The winner of a $1.35 billion Mega Millions jackpot has come forward to collect the prize. The Maine State Lottery announced Wednesday, Feb. 22, that the winner chose to remain anonymous and collect the cash option through a limited liability company instead of receiving the full amount in payments over time. (AP Photo/Gene J. Puskar, File)

(AP Photo/Gene J. Puskar, File)

PORTLAND, Maine (AP) — 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.

___

Follow David Sharp on Twitter @David_Sharp_AP

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 This material may not be published, broadcast, rewritten or redistributed.

AP

fishery...
Associated Press

Much of drought-plagued West Coast faces salmon fishing ban

The surreal and desperate scramble boosted the survival rate of the hatchery-raised fish, but still it was not enough to reverse the declining stocks in the face of added challenges.
2 days ago
UCLA's Jaime Jaquez Jr. (24) shoots while defended by Gonzaga's Rasir Bolton (45) in the first half...
Associated Press

Gonzaga beats UCLA 79-76 in Sweet 16 on Strawther’s shot

Julian Strawther hit a 3-pointer with 6 seconds left to answer a 3-pointer by UCLA's Amari Bailey, lifting Gonzaga to a wild 79-76 NCAA Tournament win over UCLA Thursday night in the Sweet 16.
2 days ago
transportation...
Associated Press

Officials: Safety device, human error derailed Wash. train

A safety device failed, knocking a train off the tracks last week, spilling diesel after leaving an oil refinery in Anacortes.
2 days ago
File - Credit cards as seen July 1, 2021, in Orlando, Fla. A low credit score can hurt your ability...
Associated Press

What the Fed rate increase means for your credit card bill

The Federal Reserve raised its key rate by another quarter point Wednesday, bringing it to the highest level in 15 years as part of an ongoing effort to ease inflation by making borrowing more expensive.
3 days ago
police lights distracted drivers shooting...
Associated Press

Authorities: Missing mom, daughter in Washington found dead

A missing Washington state woman and her daughter were found dead Wednesday, according to police.
3 days ago
Google...
Associated Press

Google’s artificially intelligent ‘Bard’ set for next stage

Google announced Tuesday it's allowing more people to interact with “ Bard,” the artificially intelligent chatbot the company is building to counter Microsoft's early lead in a pivotal battleground of technology.
4 days ago

Sponsored Articles

Emergency Preparedness...

Prepare for the next disaster at the Emergency Preparedness Conference

Being prepared before the next emergency arrives is key to preserving businesses and organizations of many kinds.
SHIBA volunteer...

Volunteer to help people understand their Medicare options!

If you’re retired or getting ready to retire and looking for new ways to stay active, becoming a SHIBA volunteer could be for you!
safety from crime...

As crime increases, our safety measures must too

It's easy to be accused of fearmongering regarding crime, but Seattle residents might have good reason to be concerned for their safety.
Comcast Ready for Business Fund...
Ilona Lohrey | President and CEO, GSBA

GSBA is closing the disparity gap with Ready for Business Fund

GSBA, Comcast, and other partners are working to address disparities in access to financial resources with the Ready for Business fund.
SHIBA WA...

Medicare open enrollment is here and SHIBA can help!

The SHIBA program – part of the Office of the Insurance Commissioner – is ready to help with your Medicare open enrollment decisions.
Lake Washington Windows...

Choosing Best Windows for Your Home

Lake Washington Windows and Doors is a local window dealer offering the exclusive Leak Armor installation.
Winner comes forward to claim $1.35B Mega Millions jackpot