LOTTERY players in California are cashing in after a $3.18 million Powerball ticket was sold at a convenience store.
A Powerball ticket with five numbers was sold at a local convenience store in Anaheim.
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The five numbers were 19, 36, 37, 42 and 59, with the Powerball number being 19, according to the California Lottery Press.
Ticket was purchased at a Quick Mart on N. Magnolia Avenue.
No tickets with all six numbers were sold.
The lucky lottery winner is yet to come forward to claim his money, which totals $3,181,602.
CLAIM YOUR MONEY
California has two separate complaints processes for lottery winners.
Those taking home $599 or less can claim their money at a district lottery office.
Those claiming $600 or more, including the Powerball prize, must complete an Payment Election Form.
Winners must have their form witnessed by a Lottery representative or notary.
The form can be mailed to a local California District Lottery office or mailed to the California State Lottery in Sacramento.
To claim the money, winners must submit their Payment Election Form along with the original ticket.
Anyone visiting in person must also have a form of identification with them.
Claimants must also keep a copy of the claim form and winning ticket for their records.
PLAYING POWERBALL
Powerball players must choose six numbers, including five white balls and one red Powerball.
Lottery winnings: lump sum or annual fee?
Players who win big on lottery tickets typically 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 get the lump sum or take the annual fee.
To win, ticket holders must match all six numbers to those drawn.
However, there are eight other ways to match or win prizes of up to $1 million.
Tickets are $2 per game and $1 for PowerPlay to multiply all non-jackpot prizes.
The multi-state game holds draws every Monday, Wednesday and Saturday at 10:59 pm.
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.
CHECK YOUR TICKETS
Lottery tickets are unclaimed across the US and you could be a lucky winner.
A Connecticut resident could earn money after purchasing a Cash5 ticket at a Hebron convenience store.
The player purchased the winning ticket on April 21 but has not yet claimed his winnings.
Meanwhile, a Florida resident’s life could change as a $4.25 million Mega Millions ticket went unclaimed after being purchased at a local Publix.
The ticket matched all six numbers of the May 11th draw.
The jackpot winner has 180 days from the date of the draw to come forward.
In related news, a farmer won the $2 million Powerball prize, but lost $480,000 when he made the 8-hour trip.
Additionally, a lottery player won $8.4 million after seeing the jackpot increase – but immediately lost $672,000 after claiming his prize.
This story originally appeared on The-sun.com read the full story
