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article imagePowerball officials await winner of $124 million jackpot

By Elizabeth Brown     Jul 18, 2014 in Odd News
A mystery winner in northeastern Ohio still needs to claim the $124 million Powerball jackpot. The lottery player matched all six numbers from the draw held on July 9.
Powerball officials said last Wednesday's winning ticket was sold in Conneaut, about 70 miles northeast of Cleveland on Lake Erie. "The $122 million … ticket was sold at True North in Conneaut," announced Ohio Lottery on its website. The top prize was adjusted to $124.9 million after tallies from participating retailers were completed.
The winner overcame 1-in-175 million odds in perfectly selecting 9, 25, 42, 55, 57 and Powerball 14. It's possible the numerical combination represents one or more birthdates (such as September 25, 1942).
The lucky player will have 180 days to choose between $124.9 million in annuity or $73.1 million in upfront cash (less taxes). In Ohio, mandatory federal and state taxes total 29 percent. It's likely the prize will be claimed in trust if the winner is aided by legal and financial advisors. Most claimants also choose the cash option.
The jackpot ticket was purchased at Truenorth, 381 State St., in Conneaut, Ohio, which is located near the Pennsylvania border, said Ohio Lottery spokeswoman Danielle Frizzi-Babb. The retailer that sold the ticket will be awarded a $100,000 bonus.
Three tickets from the July 9 draw matched five out of six numbers. Each winner will be eligible to claim $1 million. These tickets were sold in Florida, Georgia and New Jersey.
Powerball's biggest prize for 2014 was a massive $425 million jackpot in February. Raymond Buxton bought a $2 Quick Pick ticket at a northern California Chevron station, and claimed his prize in Sacramento by hiding behind an oversized check given by lottery officials.
"Lotto sales are much higher when jackpots start to reach and go beyond $100 million," says a spokesperson for Lottosend, a global messenger service company. "Big prizes attract more ticket demand."
Powerball is a multi-state lottery played in 43 states, Washington D.C. and the U.S. Virgin Islands. It’s the third time a winning ticket has been sold in Ohio since the state joined the game in April 2010.
More about Lottery, Powerball, powerball lottery, Ohio, Gambling
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