One Winning Ticket Sold for $337M Powerball Jackpot

by Angela Nazworth | August 16, 2012 11:19 am

One Winning Ticket Sold for $337M Powerball Jackpot

Lottery officials today confirmed that one winning ticket was sold for the third-largest Powerball Jackpot in the history of the game.

The ticket was sold Wednesday at a small Sunoco (NYSE:SUN[1]) gas station in Lapeer, Michigan, the state’s lottery spokesperson Andi Brancato told The Detroit News[2].

The winning ticket is worth $337 million before taxes. The winner, who has a year to claim his/her prize, can choose between a $241 million lump sum payout or receive $337 million during the course of 30 years.

Brancato also said that the news could also be good for that gas station’s short-term sales as well as future sales of lottery tickets in Mich.

“This is enormous,” she said. “There’s a possibility that the retailer might experience a boost in sales as well. It really does a lot for the game when somebody wins a prize of this size.”

The winning numbers were 6, 27, 46, 51, 56 and Powerball 21.

Endnotes:
  1. SUN: http://studio-5.financialcontent.com/investplace/quote?Symbol=SUN
  2. The Detroit News: http://www.detroitnews.com/article/20120816/METRO/208160405/

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