Portland, Oregon – A lucky individual is now $1.326 billion richer after purchasing the winning Powerball ticket from a Plaid Pantry located in the Cully neighborhood. Lottery officials confirmed this news on Monday, revealing that the convenience store will also receive a $100,000 bonus for selling the winning ticket.
While the name of the winner has not been disclosed, they have come forward to claim their historic jackpot. Oregon Lottery officials have assured the public that the winner’s identity will be revealed following a thorough vetting process.
“This jackpot win is unprecedented for the Oregon Lottery,” stated Mike Wells, the lottery director, in a press release. “We are diligently verifying the winner to ensure the prize money is awarded properly.”
The winner of the $1.326 billion prize has the option to receive a lump sum of $621 million instead of an annuity paid over 30 years. It’s important to note that the prize is subject to both federal and state taxes in Oregon.
This massive prize ranks as the fourth largest Powerball jackpot and the eighth largest in U.S. lottery history. As the jackpot amounts increase, more individuals purchase tickets, making it even harder to hit the jackpot.
Prior to this recent win, there had been 41 consecutive Powerball drawings without a jackpot winner since New Year’s Day. The excitement and anticipation around this massive win have electrified both the local community and lottery players nationwide.
Plaid Pantry, which boasts 104 stores in Oregon, has once again made headlines for selling a multimillion-dollar winning ticket. The store has become a hub of excitement and hope for many customers and local business owners, as the search for the lucky winner continues.