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Last-minute lottery ticket wins $254 million Powerball jackpot

Topic closed. 31 replies. Last post 3 years ago by dingo.

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nobie23's avatar - squiz
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Posted: January 30, 2007, 9:40 am - IP Logged

If no customer bought those pre-printed tickets, would the store have been forced to "eat" that 254 million?

 

Inquiring minds want to know.

my understanding is yes you can't cancel a pb ticket and if all pre-printed tickets are not sold;then the cashier or whoever is working that evening would have to buy those tickets not sold.

the unlucky cashier is crying all the way to the bank  Chair

cps10's avatar - Lottery 004
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Posted: January 30, 2007, 10:05 am - IP Logged

I read the story on the KMOV website. Toward the end of the text it said that money doesn't always bring happiness and it gave a quick outline of JW's story. Being that I have not heard a PEEP out of the Lerners who won MM a few years ago for a similar amount, I don't get why they tossed that in. Are jealous reporters trying to jinx these people or just warn them? Not everyone who wins will make poor choices. Also I hope they are thankful to all of us who contributed to the jackpot (well I got thanked with 3+1 on the next drawing!)

They apparantly already sought the advice of a finance guy and a lawyer to get their ducks in a row....

The North Carolina Education Lottery - so much a joke that here are their mascots:

Stooges

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Posted: January 30, 2007, 10:18 am - IP Logged

my understanding is yes you can't cancel a pb ticket and if all pre-printed tickets are not sold;then the cashier or whoever is working that evening would have to buy those tickets not sold.

the unlucky cashier is crying all the way to the bank  Chair

Yes, it's a good thing that Mr. Wilson bought those tickets.  The poor cashier, maybe the Wilson's will give him or her a big tip.

This had the potential to turn into a volatile situation between the store owner and the cashier.  Who claims the unsold winning ticket?

x1kosmic's avatar - neptune vg2
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Posted: January 30, 2007, 11:38 am - IP Logged

I wouldn't think, that any Printed Ticket, could go "un-sold".    Either the store owner, or the cashier, would have to buy those tickets. Are they allowed to "Win"?  I don't know.           And let's say, they are allowed to win?  Mortgage the Store, Print out a Gazzillion Qick-Picks, and hope for the best?  RiskyMad

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Posted: January 30, 2007, 11:52 am - IP Logged

I wouldn't think, that any Printed Ticket, could go "un-sold".    Either the store owner, or the cashier, would have to buy those tickets. Are they allowed to "Win"?  I don't know.           And let's say, they are allowed to win?  Mortgage the Store, Print out a Gazzillion Qick-Picks, and hope for the best?  RiskyMad

Printed tickets are not "unsold".  If the store prints a ticket and then does not sell it or cancel it prior to the drawing, the store pays for the cost of the ticket, less their commission.

The way most state lotteries operate is that the store maintains a bank account that the lottery can directly withdraw from (usually nightly), and the store maintains enough money in the account to reconcile their ticket sales. 

 

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Posted: January 30, 2007, 11:56 am - IP Logged

I guess unsold is a confusing term.  Perhaps "unbought" is better?  Of course the ticket is valid since it was printed, but can you imagine a clerk and a store owner arguing over a winning ticket that no one bought?

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Posted: January 30, 2007, 12:09 pm - IP Logged

That's so awesome!  Good for them!  I'm sure their sons who lost their jobs are greatful.

Keep it simple

x1kosmic's avatar - neptune vg2
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Posted: January 30, 2007, 12:19 pm - IP Logged

I see what you're getting at,  Let's say the store owner and the clerk settled their dispute, Are either one of them allowed to "Win"?  Kinda tricky.    And if the answer is No,  They would almost have to "give" ala "sell" the ticket to,  mabey Grandpa, who just so happened to pop in at the store, exactly on the dot, 1 hour before the drawing.  Don't get me wrong......I'm very One Million times Happy for them.  Just kinda makes you wonder if something funny happened.     I can't say exactly what I'd do if I worked at a store and after the drawing........Well, you know the rest.

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Posted: January 30, 2007, 12:27 pm - IP Logged

I guess unsold is a confusing term.  Perhaps "unbought" is better?  Of course the ticket is valid since it was printed, but can you imagine a clerk and a store owner arguing over a winning ticket that no one bought?

Why would there be an argument between a store owner and a clerk that works for him.  Everything in the store that's paid for by the store owner belongs to him until it's sold to a customer.  That's as foolish as a store clerk thinking he owns a piece of the winning tickets he sells or the rewards the store gets for him selling them.  Working in a store doesn't make a clerk part-owner.

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 * will most likely happen again *

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Posted: January 30, 2007, 3:51 pm - IP Logged

Congrats! I bet their sons are more excited than they are, not to mention any grandchildren. This is proof that you don't need to buy a lot of tickets in order to win, because usually, only one does. If it's meant to be, it will be.

MissNYC's avatar - diva
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Posted: January 30, 2007, 3:52 pm - IP Logged

I don't know if it holds true for every state, but in SC powerball tickets can't be cancelled.If you say you want PB,then you buy em!

I live in NY, but I play powerball in CT, and nearly everytime I've played, I've bought pre-printed tickets.

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Posted: January 30, 2007, 4:37 pm - IP Logged

"Jim Wison has the option of receiving the $254 million in 30 payments over 29 years, or..."

 

LOL! I don't see that happening. Unless he plans on going until 113.

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Posted: January 30, 2007, 4:41 pm - IP Logged

Why would there be an argument between a store owner and a clerk that works for him.  Everything in the store that's paid for by the store owner belongs to him until it's sold to a customer.  That's as foolish as a store clerk thinking he owns a piece of the winning tickets he sells or the rewards the store gets for him selling them.  Working in a store doesn't make a clerk part-owner.

I was thinking that the store clerk might realize that the ticket is a winner and lay sole claim to it, without telling the manager.

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Posted: January 30, 2007, 5:23 pm - IP Logged

I don't know if it holds true for every state, but in SC powerball tickets can't be cancelled.If you say you want PB,then you buy em!

That is correct, you cant cancel them in & S.C. but i remember when S.C. first started selling PB, I would go in stores & hear people just ask for PB, Q-pixs & think they were automatically getting the Power Play option w/o asking for it. I also saw alot of them stick the store with the tix. too, because they did'nt know the difference between the actual game "Powerball" & "Powerplay"  TRUE STORY-- I was in a store & a man asked for $10 in QP & the lady printed them for him & he asked why it did'nt say powerplay on it? She told him that powerplay was an additional $1 per each play, thus the same ticket would've been $20. He told her to do whatever with the original $10 worth he'd bought & give him $10 worth QP's with the powerplay,...lol.  This is really what the lady told him... she said " you give me the $10 you alreday owe me for the first tix. or i'll shoot you before you get out the door"  I guess she had seen more confused new players than she wanted to that day.  I bought me $10 worth with the powerplay, & made sure she understood what i wanted & i have never bought another ticket of any kind from that store..lol.

WTF?

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Posted: January 30, 2007, 6:09 pm - IP Logged

I was thinking that the store clerk might realize that the ticket is a winner and lay sole claim to it, without telling the manager.

Chances are the clerk wouldn't know the ticket was a winner until after the drawing and the cost of the ticket had been charged to the store.  At that point it belongs to the store unless the clerk put the cost of the ticket into the cash register and recorded it as a purchase.

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 * will most likely happen again *

 
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