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$336 million Powerball ticket sold at R.I. supermarket

PowerballPowerball: $336 million Powerball ticket sold at R.I. supermarket
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By Todd Northrop

Rhode Island Lottery officials say the winning ticket in Saturday's $336.4 million Powerball jackpot was sold at a Stop & Shop supermarket at 250 Bellevue Avenue in Newport.

The winning Powerball ticket was the only one that matched all five numbers plus the Powerball number Saturday to win what turned out to be the sixth-largest jackpot in US history — the third-largest ever won by a single ticket.

Officials said Monday that no one has come forward yet to claim the prize, although that is not surprising, considering that winners of jackpots in this range would be wise to line up their finances before claiming such a large amount of money.

The exact amount of the annuity payout is $336,366,229, before taxes.  Should the winner choose the lump-sum cash option, their all-at-once payout will be $209,966,435, before taxes.

Multi-state lottery Web site USA Mega (www.usamega.com) has a Jackpot Analysis feature that calculates the after-tax payouts on a state-by-state basis.  The Jackpot Analysis for the Feb. 11, 2012 Powerball drawing indicates that the after-tax payout for the annuity jackpot will be $228,752,010 after the 30 annual payments are complete (in 29 years), or $142,800,000 if the winner chooses the cash option.

The Jackpot Analysis page at USA Mega also includes the payout schedule for the annuity, since Powerball annuities pay out in an annually-increasing formula, in which the amount paid to the winner increases every year.

A Stop & Shop spokeswoman had no immediate comment.

The winner made a $9 wager, according to the lottery.  Based on Powerball ticket prices, one could conclude that the winner purchased three Powerball tickets, each with the $1 Power Play option.  However, Power Play only has an impact on non-jackpot prizes, so the winner did not need the Power Play this time — but they surely don't care that they spent an extra $3, owing to their life-changing win.

The ticket price for Powerball increased from $1 to $2 last month.  Rising sales nearly doubled the jackpot from $173.5 million on Feb. 1.

Eleven other Powerball tickets sold for Saturday's drawing came very close to winning it all, matching the first 5 numbers for a $1,000,000 prize: 1 from Colorado, 1 from Idaho, 1 from Louisiana, 1 from Minnesota, 1 from Missouri, 2 from New York, 1 from Oregon, 1 from Pennsylvania, 1 from South Carolina, and 1 from Wisconsin.

None of the second-prize winners purchased the Power Play option for an extra $1.  Had they done so, their $1 million prize would have been upgraded automatically to $2 million.

Powerball is played in 42 states, Washington, D.C., and the U.S. Virgin Islands.  The chance of matching all five numbers and the Powerball number is about 1 in 175 million.

Lottery Post Staff

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190 comments. Last comment 3 years ago by dallascowboyfan.
Page 1 of 13
New York's avatar - 103h4yr
NYC
United States
Member #117988
October 19, 2011
1737 Posts
Offline
Posted: February 13, 2012, 11:08 am - IP Logged

Very awesome story. Seems like I'm going to start betting $10 now and play Powerball at my local super market. Thumbs Up

    rdgrnr's avatar - walt
    -Ridge Runner- Oracle of the Appalachians
    Way back up in them dadgum hills, son!
    United States
    Member #73904
    April 28, 2009
    14903 Posts
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    Posted: February 13, 2012, 11:10 am - IP Logged

    I hope a rich Wall Street Investment Banker won it.


                                                 
                         
                                             

     

     

     

     

                                                                                                       

    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                --Edmund Burke

     

     

      CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
      TX
      United States
      Member #121198
      January 4, 2012
      1165 Posts
      Offline
      Posted: February 13, 2012, 11:12 am - IP Logged

      I hope a rich Wall Street Investment Banker won it.

      oh jaysus...lolololo...Ridge ya communist you !!!

      Stay Positive, Believe and good things will come your way

        dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
        Oklahoma
        United States
        Member #82391
        November 12, 2009
        5334 Posts
        Offline
        Posted: February 13, 2012, 11:27 am - IP Logged

        Congrats to the winner/s.....

          rcbbuckeye's avatar - Lottery-043.jpg
          Texas
          United States
          Member #55889
          October 23, 2007
          3359 Posts
          Offline
          Posted: February 13, 2012, 11:31 am - IP Logged

          I hope a rich Wall Street Investment Banker won it.

          OMG Ridge. Can you imagine the conspiracy nuts and the whiners to boot?

          I kinda hope it is a Wall Street guy just to piss the whiners off. LOL.

          CAN'T WIN IF YOU'RE NOT IN

          A DOLLAR AND A DREAM (OR $2)

            Avatar
            New Member
            Newport news va
            United States
            Member #123096
            February 13, 2012
            1 Posts
            Offline
            Posted: February 13, 2012, 11:34 am - IP Logged

            Contests to winner, I need best way to play, and win....even a few grand would be grand to win, disability doesn't really go as far as one needs. So anyone with helpful hints besides play same no. Would be great, I'd much rather work, but no one wants someone who tips over all the time lol.

            Kim32E


              United States
              Member #111446
              May 25, 2011
              6323 Posts
              Offline
              Posted: February 13, 2012, 11:43 am - IP Logged

              I hope a rich Wall Street Investment Banker won it.

              It would be just poetically perfect, if Warren Buffet had just happen to be that lucky person shopping at that supermarket in R.I.  This would be mere pocket change for him, perhaps JUST a generous tip for some well deserving waitress.     Hippy

               

              "CONSPIRACY THEORIES, RIGGED LOTTERY SCAMS", here we come.............let the entertainment begin.!!!   Lurking

              YEEEEEEEEEHAAAAAAAAAAAAAAAA!!!   No Pity!

                RedStang's avatar - 20130829 151641_zps3qbxhhqb.jpg
                Dutchess NY
                United States
                Member #121966
                January 21, 2012
                2638 Posts
                Offline
                Posted: February 13, 2012, 11:56 am - IP Logged

                Hopefully its a group or one of the workers that put in. They get paid #@$!%. Hate to see S&S get the bonus. That store don't need it.

                  GiveFive's avatar - Lottery-026.jpg
                  NY State
                  United States
                  Member #92611
                  June 10, 2010
                  2125 Posts
                  Offline
                  Posted: February 13, 2012, 11:59 am - IP Logged

                  I hope a rich Wall Street Investment Banker won it.

                  Well Ridge, you might get what you hoped for!

                  I'm no stranger to Newport Rhode Island.  It's a very loooooooooooooooooong way from Appalachia, both literally and figuratively speaking. 

                  And to top that off, the winner was sold in a supermarket on Bellevue Avenue, which happens to be one of the richest streets in America.  Kinda like Rodeo Drive out in California.  Mansions line both sides of the street for a mile or more.  The Vanderbilt's summer home, "The Breakers" is located off Bellevue Ave.

                  Down at the waterfront, U.S. Senator John Kerry keeps his yacht, even though he's from Massachusetts.  Lots of other folks keep their yachts parked there too.

                  Now I'm not sayin' some old geezer who's already a billionaire is holdin that ticket.  But my wife did say when I told her the winning ticket was sold in RI, "Wouldnt it be funny if it was sold in Newport?"  I think I'm gonna let her start pickin my numbers for me.  That girl's smarter than she knows!

                  Winning a Jackpot - unlikely but POSSIBLE!

                    Avatar
                    charlotte, nc
                    United States
                    Member #108520
                    March 26, 2011
                    53 Posts
                    Offline
                    Posted: February 13, 2012, 12:27 pm - IP Logged

                    The lottery is so set up why is that one ticket only wins and the jackpot was over $300 million dollars they should have had more than 11 $1 million dollar prizes.

                    I'm only going to play the lottery when the jackpot gets high only the ticket was won in a very ritzy area you know this game is set-up.

                      Avatar
                      New Member

                      United States
                      Member #123012
                      February 11, 2012
                      8 Posts
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                      Posted: February 13, 2012, 12:31 pm - IP Logged

                      Congrats to who ever won it @ RI! I hope they put it in good use.

                       

                      I won 400 bucks that night and I'm not feeling bad about it.. I know in the future there will be other opportunities and I can wait.


                        United States
                        Member #111446
                        May 25, 2011
                        6323 Posts
                        Offline
                        Posted: February 13, 2012, 12:36 pm - IP Logged

                        The lottery is so set up why is that one ticket only wins and the jackpot was over $300 million dollars they should have had more than 11 $1 million dollar prizes.

                        I'm only going to play the lottery when the jackpot gets high only the ticket was won in a very ritzy area you know this game is set-up.

                        Of course winwi5, EVERYTHING in life is a set-up, one big global scam..........if you can't beat em' ..........join em"   Jester     LOL       Idea

                          Avatar
                          kings mountain
                          United States
                          Member #118671
                          November 5, 2011
                          188 Posts
                          Offline
                          Posted: February 13, 2012, 12:41 pm - IP Logged

                          Well Ridge, you might get what you hoped for!

                          I'm no stranger to Newport Rhode Island.  It's a very loooooooooooooooooong way from Appalachia, both literally and figuratively speaking. 

                          And to top that off, the winner was sold in a supermarket on Bellevue Avenue, which happens to be one of the richest streets in America.  Kinda like Rodeo Drive out in California.  Mansions line both sides of the street for a mile or more.  The Vanderbilt's summer home, "The Breakers" is located off Bellevue Ave.

                          Down at the waterfront, U.S. Senator John Kerry keeps his yacht, even though he's from Massachusetts.  Lots of other folks keep their yachts parked there too.

                          Now I'm not sayin' some old geezer who's already a billionaire is holdin that ticket.  But my wife did say when I told her the winning ticket was sold in RI, "Wouldnt it be funny if it was sold in Newport?"  I think I'm gonna let her start pickin my numbers for me.  That girl's smarter than she knows!

                          I was right!!!!!!!!  I said the lottery ticket would be sold in a particular state with certain demographics or, or, or, or IN A STORE WITH CERTAIN DEMOGRAPHICS!!


                            United States
                            Member #123101
                            February 13, 2012
                            34 Posts
                            Offline
                            Posted: February 13, 2012, 1:15 pm - IP Logged

                            By Todd Northrop

                            Rhode Island Lottery officials say the winning ticket in Saturday's $336.4 million Powerball jackpot was sold at a Stop & Shop supermarket at 250 Bellevue Avenue in Newport.

                            The winning Powerball ticket was the only one that matched all five numbers plus the Powerball number Saturday to win what turned out to be the sixth-largest jackpot in US history — the third-largest ever won by a single ticket.

                            Officials said Monday that no one has come forward yet to claim the prize, although that is not surprising, considering that winners of jackpots in this range would be wise to line up their finances before claiming such a large amount of money.

                            The exact amount of the annuity payout is $336,366,229, before taxes.  Should the winner choose the lump-sum cash option, their all-at-once payout will be $209,966,435, before taxes.

                            Multi-state lottery Web site USA Mega (www.usamega.com) has a Jackpot Analysis feature that calculates the after-tax payouts on a state-by-state basis.  The Jackpot Analysis for the Feb. 11, 2012 Powerball drawing indicates that the after-tax payout for the annuity jackpot will be $228,752,010 after the 30 annual payments are complete (in 29 years), or $142,800,000 if the winner chooses the cash option.

                            The Jackpot Analysis page at USA Mega also includes the payout schedule for the annuity, since Powerball annuities pay out in an annually-increasing formula, in which the amount paid to the winner increases every year.

                            A Stop & Shop spokeswoman had no immediate comment.

                            The winner made a $9 wager, according to the lottery.  Based on Powerball ticket prices, one could conclude that the winner purchased three Powerball tickets, each with the $1 Power Play option.  However, Power Play only has an impact on non-jackpot prizes, so the winner did not need the Power Play this time — but they surely don't care that they spent an extra $3, owing to their life-changing win.

                            The ticket price for Powerball increased from $1 to $2 last month.  Rising sales nearly doubled the jackpot from $173.5 million on Feb. 1.

                            Eleven other Powerball tickets sold for Saturday's drawing came very close to winning it all, matching the first 5 numbers for a $1,000,000 prize: 1 from Colorado, 1 from Idaho, 1 from Louisiana, 1 from Minnesota, 1 from Missouri, 2 from New York, 1 from Oregon, 1 from Pennsylvania, 1 from South Carolina, and 1 from Wisconsin.

                            None of the second-prize winners purchased the Power Play option for an extra $1.  Had they done so, their $1 million prize would have been upgraded automatically to $2 million.

                            Powerball is played in 42 states, Washington, D.C., and the U.S. Virgin Islands.  The chance of matching all five numbers and the Powerball number is about 1 in 175 million.

                            I have never posted here before but felt the need to reply to this story.

                            There is just something that seems very suspicious about this

                            story.

                            Out of the millions of tickets there were purchased there happens to be

                            just one winner from Newport Rhode Island?  sure.....

                             

                            Something smells very strange about this.

                            One person (probably a WHITE PERSON) matched all 6 numbers

                            in the relatively small section of newport Rhode Island out of everywhere

                            else in the country?  Something isn't right here folks.

                            If you look at the demographics for Newport Rhode island on wiki

                             

                            If you scroll down to demographics you will see the racial makeup

                            of the city is 84% WHITE people. It is also home to the famous "breakers"

                            mansion. 

                            So another certain demographic takes home another gigantic jackpot

                            of something along the range of $120 million cash.

                            Probably some rich white people who didn't BADLY NEED the money!!!

                            No No  I'm so sick of this crap in this racist country.

                            All you rich white people keep whining about Obama but this is exactly

                            why we need him in the WHITE house. To tax you rich white folks who

                            are greedy and racist.

                            Don't even get me started about how racist the ALL WHITE Tea party and republican

                            parties are.

                            To the person who won this jackpot in Rhode Island.

                            If you're a person of color do good with it by donating to some of the rest of

                            us in this country. If you're white enjoy it while you can, you will soon be a minority

                            in your own country born out of SLAVERY and genocide on Native Americans.

                             

                            Had to get this off my chest.