Anonymous lottery winner sitting on unclaimed $164,000 fortune – and ticket was bought at a chain store
Since there is still a chance to win a prize of over $160,000, lottery participants have been advised to check their numbers.
Ticket holders have been informed that the amount is about to expire in a few days.
Before the June 3 draw, lottery officials disclosed that the Carolina Cash 5 slip was purchased at a Circle K store in Southern Pines, North Carolina, which is about 68 miles from Raleigh.
The Sandhills Sentinel said that the player has failed to come forward despite defying the odds of one in 962,598 to win the $164,308 jackpot.
Although the winner will have some leeway, the ticket is scheduled to expire on November 30.
Because offices are closed on weekends, North Carolina bosses have stated that they have until Monday, December 2, to claim their award.
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The ticket holder has received an urgent appeal from the chiefs.
To find out if you have the winning ticket, look anywhere you keep your tickets and check any you have twice. The CEO of the North Carolina Education Lottery is Mark Michalko.
We hope the person who bought this ticket steps forward to claim their reward as soon as possible so we can join them in celebrating their significant victory.
It is only possible to claim the jackpot amount in person.
Before receiving the money, the lottery winner will forfeit a portion of their winnings.
This is due to the fact that since the amount exceeds $5,000, they will be subject to federal taxes at a rate of 24%.
They will then be required to pay the state a tax on their wealth.
Lottery winnings: lump sum or annuity?
When lottery players win large sums of money, they usually have to decide between an annuity and a lump payment.
The amount of money you receive from your reward may vary depending on the two payout options.
Annuities typically pay out over a 30-year period in gradual increments.
Because taxes are withheld all at once, lump sum payments are made all at once but in smaller amounts. In other words, Uncle Sam immediately receives 24 percent of your award. Winnings are also taxed in many states.
While lump amounts have the advantage of just being taxed once, annuities can provide winners time to build up the financial infrastructure needed to receive a life-altering quantity of money.
When choosing, it’s also important to take inflation into account because distributions don’t change in value with the dollar. This implies that when an annuity comes to a conclusion, you will probably receive less valuable money.
It’s best to confirm payment terms with your state lottery as each state and game has distinct prize payout policies. You can evaluate the advantages and disadvantages of each choice with the assistance of a financial expert.
There are differing views among experts over whether to take an annuity or a lump sum.
Although it is not the highest in the nation, North Carolina’s tax rate is 5.25%.
In New York, for example, players are required to pay the state a rate of 10.9%.
The top three states with the highest lottery winnings tax rates are Maryland, the District of Columbia, and the District of Columbia.
Meanwhile, there is some reprieve for gamblers in Florida and California.
This is due to the fact that lottery winnings are not taxed by the state.
Top lottery winners in the US
Millions of people hope to win the lotto and become famous and wealthy. These are the largest lottery winners in US history.
- Edwin Castro – $2.04 billion, Powerball, Nov. 8, 2022, in California.
- Theodorus Struyck – $1.765 billion, Powerball, Oct. 11, 2023, in California.
- Unknown winner – $1.602 billion, Mega Millions, Aug. 8, 2023, in Florida.
- Marvin and Mae Acosta from Los Angeles, California, John and Lisa Robinson from Munford, Tennessee, and Maureen Smith and David Kaltschmidt from Melbourne Beach, Florida – $1.586 billion, Powerball, Jan. 13, 2016.
- Unknown winner – $1.537 billion, Mega Millions, Oct. 23, 2018, from South Carolina.
- Unknown winner – he sued the mother of his child to keep his identity hidden – $1.348 billion, Mega Millions, Jan. 13, 2023, from Maine.
- Unknown winner – $1.337 billion, Mega Millions, July 29, 2022, from Illinois.
- Cheng and Duanpen Saephan, and Laiza Liem Chao – $1.326 billion, Powerball, April 7, 2024, from Oregon.
- Yanira Alvarez – $1.08 billion Powerball, July 19, 2023 in California.
- Wolverine FLL Lottery Club – $1.05 billion, Mega Millions, Jan. 22, 2021, from Michigan.
- Unknown winner – $842.4 million Powerball, Jan. 1, 2024, from Michigan.
This is a narrative in progress.
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