
The winner of the $1.35 billion Mega Millions jackpot, the fourth largest in U.S. history, has stepped forward to receive his prize, state officials said Wednesday.
The winner of the January draw was and remains a mystery.
The Maine Lottery said the winner chose to collect the cash option through a limited liability company, LaKoma Island Investments LLC, rather than remain anonymous and receive full payouts over time.
“Winners carefully consider the best uses of life-changing awards,” a representative said in a statement.
By opting for the cash option, the winner will receive a one-off pre-tax $723,564,144, officials said.
Winners could choose to appear in person with their winning ticket or remain anonymous through a trust, lottery officials said.
Winning tickets will be validated when representatives come to the lottery headquarters in Augusta on Friday, and bank transfers of the money will be made before the end of the week, Michael Boardman, of the main lottery of alcoholic beverages and lottery operations. the office’s deputy director said.
“I understand why someone would want to remain anonymous with this amount of money. We wish them happiness and hope they do good with it,” he said.
I bought my winning ticket in the January 13th draw at Lebanon’s hometown Gas & Grill, located on a busy road in a small town near the border with New Hampshire.
Shopkeeper Fred Cotlow said he had no idea who had the winning ticket.
“We’ll wait to see if it’s local. Who knows? Sometimes they come to the store and say thank you, but I’m not going to lose any sleep over it.” “No,” Cottrow shared half of the store’s $50,000 profit from winning ticket sales to his employees.
Boardman said there would have been 30 payouts over 29 years had the winner chosen to receive the full amount.
By accepting cash payments, the winner will receive more than $498 million after taxes, Boardman said. In taxes, $173.6 million will go to the federal government and $51 million to state governments. The limited liability company receiving the award was incorporated outside the state.
The winner broke the 1 in 302.6 million odds in Friday the 13th’s draw to become Maine’s first lottery winner. He is the first Maine winner to win the Mega Millions jackpot in 45 states, the District of Columbia and the U.S. Virgin Islands.
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