If you’re in Iowa right now and have bought a powerball ticket, you better check those numbers. The news is confirmed that a ticket sold at a grocery store in Cedar Rapids has matched the Powerball numbers. Yes, some lucky sonofagun just won a jackpot of $241 million.
Iowa Lottery Chief Executive Officer Terry Rich said, ”This truly is a life-changing amount of money and we want our winners to have the information they’ll need as they make their decisions. Whoever has the winning ticket should sign it immediately if they haven’t already done so for safe keeping.”
So here’s the big conundrum – if the ticket holder chooses to take a lump sum payout, the total will be $160.3 million before taxes, which adds up to just $112 million after Uncle Sam takes his cut. If the winner chooses an annuity option, payments over 30 years will total $241 million before taxes.
As for the store that sold the winning ticket, Hy-Vee gets a $10,000 bonus from the Iowa Lottery. Store Director Jamie Franck was presented Thursday with the $10,000 bonus check.”I’m just hoping it was one of those customers that come in every single day or every single week making their purchases just thinking maybe today’s the day,” Franck said at a lottery news conference. “And this might be their lucky day that they get to find out that they’re a multimillionaire.”