National State

$1.6 billion jackpot won in South Carolina

One lucky man won $1.6 billion, the biggest jackpot ever won in the United States and around the world by a single ticket.

The winning ticket for Tuesday’s draw was sold in South Carolina.

For now, the winner is unknown and could remain so: South Carolina is one of eight states that allows lottery winners to remain anonymous.

The Mega Ball draw had long queues in front of the kiosks, supermarkets and grocery stores where the lottery tickets of 44 US states sold for $2, the federal capital Washington and the Virgin Islands with a 300 million chance to win.

“The moment we were waiting for finally arrived and we can not be more excited,” said Gordon Medenica, director of the Mega Millions group. The sum of $1.6 billion is equivalent to nearly five tonnes of gold.

The player able to find the six good numbers has the opportunity either to receive his jackpot in installments over 29 years, or to immediately receive a reduced amount that would represent for the draw on Tuesday some $913 million, according to the site Mega Millions.

No winner since last July
The vast majority of people choose the lump sum instead. Unlike many other countries, winnings from the US lottery are taxable.

Mega Millions was able to offer such a sum because the lottery had no winners since last July.

The record for the biggest single win in the United States was held by Mavis Wanczyk, a 53-year-old Massachusetts mom, who won the Powerball jackpot in August, the other big US lottery. which amounted to $758.7 million.

By January 2016, the Powerball jackpot had reached $1.58 billion, but the draw had made three winners who had thus divided the sum equal, for a final gain of 528.8 million each.

Mega Millions was created in 2002. Its formula has been modified several times in order to lower the probability of winning the jackpot, which has allowed to regularly raise the jackpot to several hundred million dollars.

36 tickets will also be entitled to the second prize for those who checked five good numbers, or $1 million each.

In total, nearly 16 million tickets have earned at least a few dollars of the refund of the starting bet at the super jackpot.

About the author

Clint Hill

Clint Hill

Clint Hill was born and raised near the pine barrens in New Jersey. As a journalist, Clint has contributed to many online publications including The Street and Engaget. In regards to academics, Clint earned a degree in business from Rutgers University. Clint covers economy stories here at slap Coffee.

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