Mega Millions player ‘thought something was wrong’ after winning $1m prize – but ‘second-tier’ rule saved him
After almost throwing away his $1 million winning Mega Millions ticket, a lottery player almost lost out on becoming a millionaire.
When he realized his error, the truck driver, who purchases tickets every week, alerted Maryland Lottery personnel that he felt something was amiss, but a family member came to his rescue.
On October 15, a $2 quick-pick ticket transformed the life of a man from Anne Arundel County.
He clarified that he double-checks his tickets every week before purchasing fresh ones.
But he was preoccupied this time.
He stated: “While I was comparing my tickets to the winning numbers, I had to stop to take care of something in the house.”
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Upon his return, he believed he had completed reviewing all of his tickets.
Unaware that one of them contained the $1 million second-tier reward, he was prepared to discard them.
Fortunately, a family member stepped in right away.
He informed her about the tickets the following morning while he was leaving her off at work, and she volunteered to scan them using her lottery app.
He stated: “The first ticket she checked was the winner.”
Check Cash Depot in Brooklyn, Maryland, received a $2,500 Lottery prize for selling the winning ticket.
I went to the store to return carton of orange juice and came back with $315 million – I thought it was a mistake
The fortunate gamer now intends to utilize his newfound riches to purchase a car and a house for his family, both of which they had long desired.
Maryland has sold three $1 million Mega Millions tickets this year, demonstrating the state’s recent luck.
The Mega Millions second-tier rule, which pays out to players who match five numbers without hitting the Mega Ball, was the reason for the player’s $1 million win.
This serves as a reminder to always verify your tickets again and perhaps to check the app for confirmation.
MAJOR JACKPOT
Players still have a chance to win a large prize that keeps increasing in the meantime.
However, several people have already won lottery wins worth $1 million or less.
The jackpot in the drawing game Mega Millions keeps increasing until someone wins a lot of money.
The Mega Millions website reports that the jackpot has now topped $489 million.
It is nearly half a billion.
Twice a week, numbers are picked, and the prize becomes larger each time no one wins.
Others are still getting lucky with Mega Millions, even if no one has yet to win the enormous sum.
In other news, a fortunate Connecticut Mega Millions player has not yet claimed their $3 million jackpot.
In the meantime, Virginia has yet to collect another million-dollar Powerball prize.
Do not forget to gamble sensibly.An individual who gambles responsibly is one who:
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- Establishes time and monetary limits before playing
- Only gambles with money they can afford to lose
- Never chase their losses
- Doesn t gamble if they re upset, angry, or depressed
Visit the National Council on Problem Gambling online or give the National Gambling Helpline a call at 1-800-522-4700 if you or someone you know is battling with a gambling addiction.
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.
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