A North Jersey man came forward on Friday to reveal himself as the sole winner of $315.3 million Powerball jackpot, marking the third largest win of its kind in state history. Tayeb Souami, a 55-year-old accountant from Little Ferry in Bergen County, said at a press conference Friday that he already quit his job at a food importing company, according to NJ.com. Souami, married with four children, added that his goal is to ensure that his kids have their educations covered. He opted for a lump sum payment of $183 million before taxes. The lone winning lottery ticket — matching the numbers 3, 6, 9, 17, 56 and the Powerball 25 drawn May 19 — was purchased at a ShopRite in Hackensack. His odds on winning were one in 292.2 million. Lottery officials said Souami waited a day before he checked the numbers at another location that happened to be a lottery retailer. When the clerk scanned the ticket, she said, "Oh, my God!" Souami thought he might have won the $50,000 prize, but … [Read more...] about New Jersey accountant wins $315 million Powerball jackpot
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What would you do if you won the lottery? That is the big question we ask ourselves as the anticipation builds for the $1.5 billion Powerball drawing. After all, there’s nothing wrong with imagining what we would do if we held a winning lottery ticket or hit the jackpot in a casino.But for the winners, there are some real concerns. Most importantly is how to protect your asset – the winning ticket. The jackpot will be paid to the person who carries the ticket into the State Lottery Commission office. If you are the lucky owner of the winning ticket, keep it in a safe place. Take time-stamped pictures of the ticket to document your ownership. It is often recommended that you sign the back of the ticket to prevent anyone else from redeeming it. Unfortunately, signing the ticket may limit your other planning options, but it may be the best protection from theft.Before redeeming the ticket, you also need to decide whether to choose a lump sum or annuity payout. That decision … [Read more...] about Are You Prepared to Win Powerball Jackpot?
This could have been a very memorable Christmas for some lucky lottery ticket holder. The jackpot for matching every number in Tuesday night's Mega Millions drawing was $321 million, with a cash option of an estimated $193.7 million. But Grinch showed up -- and there were no winning tickets, lottery officials said.The Mega Millions drawing was only the fifth ever on Christmas night. The next drawing will be Friday night, with an estimated jackpot of $348 million.Christmas night Mega Millions winning numbers: 2, 8, 42, 43, 50 and MegaBall 6Megaplier: 3xPrize money is also piling up for Wednesday night's Powerball drawing. That jackpot is an estimated $294 million, with a cash option of $177.6 million. No one has won either jackpot since October.CBS New York reports the chance of matching all six Mega Millions numbers is one in 302.5 million.The last Mega Millions jackpot hit was a $1.5 billion-winning ticket sold in South Carolina. That winner's identity is … [Read more...] about Biggest Mega Millions Christmas night jackpot ever — $321 million
After cashing in a $79 million winning Powerball ticket that left him with about $30 million after taxes, W. Randy Smith decided to step down from his job as a magistrate judge in Berkeley County, W.Va.And that has left his predecessor in the job, Jim Humphrey, feeling as though he won the lottery, too, according to the Journal, because he’s been appointed to his old magistrate seat now that it’s been left vacant by Smith. He was sworn in Friday by 23rd Judicial Circuit Chief Judge David Sanders.Humphrey is described as “fearless and fair” by Sanders, who had seen Humphrey do the job well before and hence didn’t hesitate to appoint the retired West Virginia state trooper again when he expressed interest in returning.Although the $50,000-a-year position involves a pay cut for Humphrey, he tells the newspaper he is thrilled to take it:“I just love anything that deals with the law—applying the law, being fair and just to people,” says … [Read more...] about Magistrate’s $79M Powerball Win Is Also a Windfall for His ‘Fearless and Fair’ Predecessor
Home Daily News Revealing identity of $560M Powerball winner… Privacy Law By Debra Cassens Weiss Posted March 13, 2018, 3:18 pm CDT A New Hampshire judge has ruled that a woman who won $560 million in a Powerball jackpot is entitled to keep her identity secret. Hillborough County Judge Charles Temple ruled Monday that requiring the woman to reveal her name would be an invasion of privacy, report the Washington Post, the New York Times, the New Hampshire Union Leader and Courthouse News Service. The New Hampshire Lottery Commission had argued it would be required to disclose the woman’s name if a request were made under the state’s open records law. Temple ruled the woman’s identity was shielded from disclosure under the law’s exemption for invasion of privacy. He cited difficulties faced by past lottery winners that included “repeated solicitation, harassment, and even violence.” He also noted that the law firm representing the woman, Shaheen … [Read more...] about Revealing identity of $560M Powerball winner would be invasion of privacy, judge rules