Please ensure Javascript is enabled for purposes of website accessibility
South Carolina Convenience Store Sold $1.537 Billion Ticket
gvw_ap_news
By Associated Press
Published 6 years ago on
October 24, 2018

Share

SIMPSONVILLE, S.C. — A flimsy little piece of paper that crossed the counter of a convenience store on a country road in South Carolina is now worth $1.537 billion, so lottery officials could hardly be blamed Wednesday if anxiety tinged their excitement.
They said a single ticket sold at the KC Mart in Simpsonville, South Carolina, matched all six numbers to win the Mega Millions jackpot. And unless the winner chooses to come forward, the world may never know who won.
“Our message to the $1.5 BILLION #Mega Millions jackpot winner: Sign the back of the ticket, place the ticket in a safe location, speak with a trusted advisor and CALL THE LOTTERY at 1-866-736-9819. Take a deep breath and enjoy the moment!” the South Carolina Education Lottery tweeted.


The prize is extraordinary by any measure, but particularly so for South Carolina, where it would be enough, if the winner was so generously inclined, to shower roughly $307 on each of the state’s five million people. It’s about as much as 20 percent of the $8 billion that state lawmakers have to spend each year.
An earlier Mega Millions estimate of $1.6 billion would have been a world record for lotteries, but actual sales came in below the $1.586 billion Powerball jackpot prize shared by winners in California, Florida and Tennessee in January of 2016.

The Ticket Is Worth About $877.8 Million

“The final total was less than the $1.6 billion estimate,” confirmed Carol Gentry, a spokeswoman for the Maryland Lottery, which leads a consortium of state lotteries participating in the Mega Millions jackpot.

“Our board has a policy to protect the winner because of all the risk associated with having that much money.”William Hogan Brown, South Carolina Education Lottery Director
“Estimates are based on historical patterns,” she explained Wednesday morning in a phone interview with The Associated Press. “The jackpot’s been rolling since it was hit in July in California, but there are few precedents for a jackpot of this size. Typically, about 70 percent of sales occur on the drawing day, so forecasting precise numbers in advance can be difficult. That’s why we always use the term estimate.”
The ticket is worth about $877.8 million in a lump-sum cash payment, which most winners choose to take, rather than collect the full amount in annual payments over three decades.
South Carolina is one of eight states — along with Delaware, Georgia, Kansas, Maryland, North Dakota, Ohio and Texas — where winners can remain anonymous. The winner also has up to 180 days to claim the prize.
“Our board has a policy to protect the winner because of all the risk associated with having that much money,” South Carolina Education Lottery Director William Hogan Brown told ABC’s “Good Morning America.”
South Carolina’s previous record-holder — someone who bought a $400 million Powerball ticket in the Columbia area in 2013 — never wanted to be identified.

The Retailer Will Get a $50,000 Payout

Holli Armstrong, a state lottery spokeswoman, said the retailer will get a $50,000 payout. TV trucks and gawkers flooded the parking lot ahead of a news conference at the KC Mart and Exxon station, which sits at the bend of a road where Greenville’s suburban sprawl gives way to farm fields.

The lucky player overcame miserable odds: The chance of matching all six numbers and winning the top prize is 1 in 302.5 million.
The biggest Mega Millions jackpot winner prior to this was a $656 million ticket sold back in 2012, Gentry said, “so it’s a record for Mega Millions and it came very close to breaking the world record of all the jackpots.”
The winning numbers were 5, 28, 62, 65, 70 and Mega Ball 5. The lucky player overcame miserable odds: The chance of matching all six numbers and winning the top prize is 1 in 302.5 million.
Mega Millions is played in 44 states as well as Washington, D.C., and the U.S. Virgin Islands.
Lottery officials and financial managers encourage winners to take time to map out a strategy for investing their hundreds of millions of dollars, and to prepare for security concerns befitting someone who suddenly becomes immensely wealthy.

Powerball Has Also Been Soaring

The Mega Millions jackpot grew so large because no player had matched all six numbers and won the top prize since July 24, when 11 co-workers from California won a $543 million prize.
Although Tuesday’s jackpot was extraordinarily large, it’s no fluke. It reflects a trend toward ever-growing lottery prizes due to changes in the game that worsened the odds with hopes that bigger jackpots would result in better sales.
Officials with the Powerball game were the first to make that move in October 2015 when changing the odds of winning the jackpot from 1 in 175 million to 1 in 292.2 million. Mega Millions followed suit in October 2017, resulting in the odds worsening from 1 in 259 million to 1 in 302.5 million.
While most attention has been on the Mega Millions game, Powerball has also been soaring. The estimated prize for Powerball’s annuity option in Wednesday night’s drawing is $620 million, with a cash prize of $354.3 million.

DON'T MISS

Jeffrey Sachs Warns of Looming US War With Iran

DON'T MISS

Cat House on the Kings Urgently Needs You to Donate Dollars and Adopt Your New Best Friend

DON'T MISS

The Surprising Sexual Politics of Nicole Kidman’s Kinky ‘Babygirl’

DON'T MISS

Why It’s Hard to Control What Gets Taught in Public Schools

DON'T MISS

FDA Approves Weight-Loss Drug to Treat Obstructive Sleep Apnea

DON'T MISS

In a Calendar Rarity, Hanukkah Starts This Year on Christmas Day

DON'T MISS

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

DON'T MISS

It’s Eggnog Season. The Boozy Beverage Dates Back to Medieval England but Remains a Holiday Hit

DON'T MISS

9-Year-Old Among 5 Killed in Christmas Market Attack in Germany

DON'T MISS

Biden Signs Bill That Averts Government Shutdown, and Brings a Close to Days of Washington Upheaval

UP NEXT

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

UP NEXT

US Deportations Surge to Highest Level in a Decade Before Trump Takes Office

UP NEXT

White House Pushes to Find American Journalist Abducted in Syria

UP NEXT

Liberal Donors Plot to Overturn Republican House Majority in 2026

UP NEXT

The ‘Murder Hornet’ Has Been Eradicated From US, Officials Say

UP NEXT

Supreme Court Will Hear Arguments Over the Law That Could Ban TikTok

UP NEXT

Trump’s Picks for Top Health Jobs Not Just Team of Rivals but ‘Team of Opponents’

UP NEXT

Most US Teens Are Abstaining From Drinking, Smoking and Marijuana, Survey Says

UP NEXT

Mystery Drone Sightings Continue in New Jersey and Across the US. Here’s What We Know

UP NEXT

Drone Sightings Lead to Airspace Shutdown at Ohio Military Base, Arrests Near Boston Airport

Why It’s Hard to Control What Gets Taught in Public Schools

16 hours ago

FDA Approves Weight-Loss Drug to Treat Obstructive Sleep Apnea

16 hours ago

In a Calendar Rarity, Hanukkah Starts This Year on Christmas Day

17 hours ago

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

17 hours ago

It’s Eggnog Season. The Boozy Beverage Dates Back to Medieval England but Remains a Holiday Hit

17 hours ago

9-Year-Old Among 5 Killed in Christmas Market Attack in Germany

18 hours ago

Biden Signs Bill That Averts Government Shutdown, and Brings a Close to Days of Washington Upheaval

18 hours ago

This French Bulldog Is So Fetch: Meet Toaster Strudel

20 hours ago

The Fed Expects to Cut Rates More Slowly in 2025. What That Could Mean for Mortgages, Debt and More

22 hours ago

New California Voter ID Ban Puts Conservative Cities at Odds With State

23 hours ago

Jeffrey Sachs Warns of Looming US War With Iran

In a recent interview, renowned economist Jeffrey Sachs outlined his concerns about the possibility of war with Iran, framing it as the culm...

15 hours ago

15 hours ago

Jeffrey Sachs Warns of Looming US War With Iran

15 hours ago

Cat House on the Kings Urgently Needs You to Donate Dollars and Adopt Your New Best Friend

16 hours ago

The Surprising Sexual Politics of Nicole Kidman’s Kinky ‘Babygirl’

16 hours ago

Why It’s Hard to Control What Gets Taught in Public Schools

16 hours ago

FDA Approves Weight-Loss Drug to Treat Obstructive Sleep Apnea

17 hours ago

In a Calendar Rarity, Hanukkah Starts This Year on Christmas Day

17 hours ago

A Look at the $100 Billion in Disaster Relief in the Government Spending Bill

17 hours ago

It’s Eggnog Season. The Boozy Beverage Dates Back to Medieval England but Remains a Holiday Hit

Help continue the work that gets you the news that matters most.

Search

Send this to a friend