A LUCKY lottery winner is yet to come forward and claim his prize money.
They bought the winning ticket at a gas station, but have yet to claim the million-dollar win.
1
Someone from Illinois is $1 million richer, but they might not know it.
The lucky player purchased his lottery ticket at Casey’s General Store #6410, located at 9701 Milwaukee Avenue, Des Plaines, Illinois, 60016.
The lottery ticket yields just over $1 million, for a total of $1,000,002.
The winning numbers were drawn on May 2, 2024, and the winner has one year to claim the cash prize.
However, lottery winners who opt for the one-time payment must claim their money within 60 days of the draw date.
Anyone who redeems the prize after 60 days will only be able to receive it as an annual fee.
Another Illinois player has won an even bigger prize, but has yet to take a step forward.
A $4.1 million winning lottery ticket was purchased at the McCook BP gas station at 8222 Joliet Road in La Grange, Illinois – 13 miles southwest of downtown Chicago.
The numbers were also drawn on May 2nd, giving the winner until May 2nd next year to claim their money.
As both prizes exceed $10,000, winning players must claim the money at a claim center or by mail.
Players can check their tickets in the Illinois Lottery app or by scanning them in-store.
WHAT IS LOTO?
Lotto is an Illinois lottery game with three chances to become a millionaire.
Each play costs $2 and requires participants to select six numbers between one and 50.
Each play enters the selected numbers into three separate draws.
Lottery winnings: lump sum or annual fee?
Players who win big on lottery tickets often have a choice to make: lump sum or annual fee?
Both payment methods can affect how much money you receive from your prize.
Annuities are paid slowly in increments, usually over 30 years.
Lump sums are paid all at once, but in smaller amounts since taxes are withheld all at once. This means 24% of your prize goes to Uncle Sam immediately. Many states also tax earnings.
Annuities can give winners time to create the financial infrastructure needed to receive a life-changing amount of money, but lump sums have the advantage of being taxed only once.
It’s also worth considering inflation when making a choice, as payments don’t adjust to the value of a dollar. This means you will likely receive less valuable money at the end of an annuity.
Each state and game pays prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.
Experts have differing opinions on the possibility of take the fixed amount or take the annual fee.
The Jackpot draw has prizes ranging from $2 up to the jackpot, and the Lotto Million 1 draw and Lotto Million 2 draw have prize values of $1,000,000.
Lottery drawings are held on Monday, Thursday and Saturday nights at 9:22 pm CT.
Drawing results can be found at the Illinois Lottery websiteapp or YouTube channel.
Remember to gamble responsibly
A responsible player is someone who:
- Set time and monetary limits before playing
- Only games with money they can lose
- Never chase your losses
- Don’t play if you are upset, irritated or depressed
If you or someone you know is struggling with gambling addiction, call the National Gambling Helpline at 1-800-522-4700 or visit the National Council on Problem Gambling online.
Lottery officials are warning players to check their tickets as prizes will soon expire.
A $2 million Powerball ticket purchased at a convenience store will expire in a few days.
Additionally, a $50,000 Powerball ticket purchased at Wawa will expire in four months.
This story originally appeared on The-sun.com read the full story
