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Powerball lottery jackpot makes Iowa history

PowerballPowerball: Powerball lottery jackpot makes Iowa history
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$241 million Powerball ticket is bought at Cedar Rapids Hy-Vee

Winners might be Quaker Oats workers

CEDAR RAPIDS, Iowa — Will the winner or winners of the biggest lottery jackpot in Iowa history please step forward?

Cedar Rapids residents were busy speculating Thursday on the identities of possible lucky ticket holders after the Iowa Lottery announced that a single ticket sold at a Hy-Vee grocery store there was the sole winner of a $241 million jackpot in Wednesday night's multi-state Powerball drawing. No one immediately claimed the prize, but that's not uncommon for such a huge jackpot.

One of the hottest reports swirling through eastern Iowa is that someone bought the ticket on behalf of a group of workers at the Quaker Oats plant, one of the city's major employers.

"I have heard the rumor mill is going crazy in Cedar Rapids, but we don't have any confirmation of a winner," said Iowa Lottery Vice President Mary Neubauer. "We won't verify anything until someone comes into lottery headquarters in Des Moines with the winning ticket."

"There was talk about it," said one employee leaving work.

"Everybody was all smiles," added another.

Thursday night, those rumors appeared to be confirmed. Multiple employees say that a group of around 20 working in the company's shipping and receiving department pitched in on a ticket and won Wednesday's $241 million dollar Powerball jackpot.

Jamie Franck, director of the Hy-Vee store on Edgewood Road in Cedar Rapids, where the jackpot ticket was sold, told reporters he was hoping the buyer was a regular customer.

"And this might be their lucky day that they get to find out that they're a multimillionaire," Franck said.

Franck was stunned to get the call from the Iowa lottery Thursday morning.

"I'm thinking 20, 30, 40 million. I don't watch it real, real close, and she goes the jackpot was $241 million dollars, and I was speechless for a little bit."

The odds of winning the Powerball jackpot are 1 in 175.2 million.

The news about the jackpot winner was another positive development for the Iowa Lottery, which has seen its profits surge over the past year, defying a sluggish economy and high gasoline prices that sometimes depress lottery sales. Iowa Lottery Chief Executive Officer Terry Rich said state lottery profits for the budget year ending June 30 will approach the previous record of nearly $81 million, set in 2006 when profits soared from the popularity of now-banned TouchPlay machines.

Rich, who was in Atlanta on Thursday for a meeting of Powerball officials, said he was elated to learn the latest winner was homegrown. He called it "icing on the cake" after one of the best years ever for the Iowa Lottery, which was established in 1985.

"We are pretty excited. That is for darn sure," Rich said.

Iowa Lottery and Hy-Vee officials held a news conference Thursday at the Cedar Rapids supermarket where they displayed an oversized check made out for $241 million. But Neubauer declined to say exactly when the winning ticket was sold or whether the numbers were automatically chosen by a machine. She said those details remain confidential for now because lottery security officials want to make sure the winning ticket was legally purchased and legally possessed.

The winning numbers in Wednesday's Powerball drawing were 7-10-14-33-57 and Powerball 18. The jackpot ticket matched all six numbers drawn.

It could be a few days or even a few weeks before the winner — or winners — steps forward.

"We encourage our jackpot winners to consult a financial or legal adviser before claiming a prize of this size," 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 safekeeping."

The winner also should keep the ticket in a secure place until presenting it to claim the jackpot, the lottery executive said.

Iowa's biggest previous jackpot winners were Tim and Kellie Guderian of Fort Dodge, who claimed a $200.8 million prize in October 2006. The biggest jackpot ever for Powerball was a $365 million prize shared in February 2006 by eight co-workers at a ConAgra ham processing plant in Lincoln, Neb.

This was the seventh time a Powerball jackpot ticket has been sold in Iowa, but it's the fifth time the Iowa Lottery has sold a Powerball ticket worth at least $1 million since the game was redesigned in January. Those changes doubled the price of a Powerball ticket to $2 from $1, while providing more chances to win at least $1 million.

Iowa represents only 1 to 2 percent of total revenue in the Powerball game, which is played in 44 jurisdictions nationwide with total sales of more than $3 billion annually. Rich said the Iowa Lottery had been hoping to have four to six million-dollar winners annually under the new Powerball rules, but what's happened since January already has exceeded his expectations.

"I think our luck has come around and is continuing. What we like to see is winners," Rich said.

Wednesday night's Powerball winner can accept the jackpot in a 30-year annuity totaling $241 million before taxes. The alternative is a lump-sum payment of $160.3 million that would net $112.2 million after $40.1 million is withheld in federal taxes and $8 million is deducted in state taxes.

With recent jackpot claims making headlines across the country, Rich said the lottery wants to emphasize that under Iowa law, information concerning lottery winners is public.

"We have gotten questions about that issue over the past few months and want to be sure that the specifics required for winner information here in Iowa are clear," he said.

Powerball players choose their first five numbers from a pool of 59 numbers and the Powerball from a separate pool of 35 numbers. The jackpot starts at $40 million and grows until someone wins it. Powerball drawings are held at 9:59 p.m. Wednesdays and Saturdays.

Lottery proceeds in Iowa have three main purposes: They provide support for veterans, help for government programs through the state's general fund, and money for the Vision Iowa program, which is aimed at creating tourism destinations and community attractions and building and repairing schools.

Des Moines Register, KWWL, Lottery Post Staff

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31 comments. Last comment 2 years ago by haymaker.
Page 1 of 3

United States
Member #111446
May 25, 2011
6323 Posts
Offline
Posted: June 15, 2012, 8:18 am - IP Logged

Another lottery pool jackpot win!!!     Banana   Spread the wealth, that's great that up to 20 people will be sharing this pot o' gold.  Lep

No conspiracy nut jobs should be touching this story.  No Nod

    haymaker's avatar - Lottery-012.jpg
    egg harbor twp.south jersey shore
    United States
    Member #112972
    June 29, 2011
    3139 Posts
    Offline
    Posted: June 15, 2012, 8:19 am - IP Logged

    I wonder who forgot to put their $ in for this draw ?

    Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.


      United States
      Member #111446
      May 25, 2011
      6323 Posts
      Offline
      Posted: June 15, 2012, 8:22 am - IP Logged

      I wonder who forgot to put their $ in for this draw ?

      Do I hear a lawsuit pending.  What?

        Avatar
        Windermere, FL/Franklin, TN
        United States
        Member #50210
        March 1, 2007
        839 Posts
        Offline
        Posted: June 15, 2012, 8:25 am - IP Logged

        I wonder who forgot to put their $ in for this draw ?

        The ones currently looking to retain an attorney.

          Avatar
          Kentucky
          United States
          Member #32652
          February 14, 2006
          5459 Posts
          Offline
          Posted: June 15, 2012, 9:04 am - IP Logged

          I wonder who forgot to put their $ in for this draw ?

          "Thursday night, those rumors appeared to be confirmed. Multiple employees say that a group of around 20 working in the company's shipping and receiving department pitched in on a ticket and won Wednesday's $241 million dollar Powerball jackpot."

          Maybe this time it's a "spur of the moment" group that started their pool when the jackpot reached $200 million and all the same people played until it was hit.

          By the way, anyone with experience in shipping and receiving needing a job should send their resume to Quaker Oats.

            hearsetrax's avatar - 78638c467ef281febf24383e126f74b6

            United States
            Member #52345
            May 21, 2007
            1863 Posts
            Offline
            Posted: June 15, 2012, 9:10 am - IP Logged

            The ones currently looking to retain an attorney.

            Green laughyou people ought to be ashamed of selves ....... but color me curious as well 

             

            but congrats to the winners and to those that would've played but had some lame excuse for not playing Razz

              dpoly1's avatar - driver
              PA
              United States
              Member #66141
              October 16, 2008
              1447 Posts
              Offline
              Posted: June 15, 2012, 9:15 am - IP Logged

              I am so tired of all the Powerball Jackpots being won by players on the east coast .............. oh wait ............................ Iowa is in the Midwest!

              JesterTime for Pennsylvania to get a Mega Millions Jackpot!

              dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

               

              Eschew Poverty ........... Vote Conservative!

                OldSchoolPa's avatar - Lottery-057.jpg
                Gurnee, Illinois
                United States
                Member #49731
                February 12, 2007
                841 Posts
                Offline
                Posted: June 15, 2012, 12:23 pm - IP Logged

                I don't care that 20 people will split $241 million annuity/$160 million CV because that boils down to $8 million each before taxes or about $5 million after taxes.  I am all in for the $40 million / $26.6 million Saturday drawing since when I hit, I will be able to quietly walk away with about $18 million after taxes.  Sure, that is $5 million more than any of them and many of us had on Wednesday, but I admit I am selfish and would hate to be sharing when lady luck smiles on me.

                Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

                The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

                  maximumfun's avatar - Lottery-064.jpg

                  United States
                  Member #124621
                  March 16, 2012
                  1484 Posts
                  Offline
                  Posted: June 15, 2012, 12:31 pm - IP Logged

                  Congrats to the winners!  1 ticket with potentially 20-ish shares.  Excellent job!

                    HaveABall's avatar - rocket

                    United States
                    Member #72448
                    March 18, 2009
                    973 Posts
                    Offline
                    Posted: June 15, 2012, 4:39 pm - IP Logged

                    The ones currently looking to retain an attorney.

                    Jill34786, you're probably right.  Regardless, congratulations to this big Powerball jackpot draw's winner(s)! Guitar

                    Having millions of dollars in my financial accounts means more, consistent fun for me.Lovies

                      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
                      Offline
                      Posted: June 15, 2012, 5:04 pm - IP Logged

                      I wonder who forgot to put their $ in for this draw ?

                      Well me, for one.

                      I'd sue but my lawyer's in jail right now.


                                                                   
                                           
                                                               

                       

                       

                       

                       

                                                                                                                         

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

                                                                                                                  --Edmund Burke

                       

                       

                        haymaker's avatar - Lottery-012.jpg
                        egg harbor twp.south jersey shore
                        United States
                        Member #112972
                        June 29, 2011
                        3139 Posts
                        Offline
                        Posted: June 15, 2012, 5:09 pm - IP Logged

                        I am so tired of all the Powerball Jackpots being won by players on the east coast .............. oh wait ............................ Iowa is in the Midwest!

                        JesterTime for Pennsylvania to get a Mega Millions Jackpot!

                        Yea,

                         

                         

                        I hate when that happens.

                        Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.

                          Avatar
                          Minnesnowta
                          United States
                          Member #125224
                          March 27, 2012
                          79 Posts
                          Offline
                          Posted: June 15, 2012, 5:40 pm - IP Logged

                          I don't care that 20 people will split $241 million annuity/$160 million CV because that boils down to $8 million each before taxes or about $5 million after taxes.  I am all in for the $40 million / $26.6 million Saturday drawing since when I hit, I will be able to quietly walk away with about $18 million after taxes.  Sure, that is $5 million more than any of them and many of us had on Wednesday, but I admit I am selfish and would hate to be sharing when lady luck smiles on me.

                          lol...

                          Im in the same boat! Although, I want 100 million after taxes to myself :)

                          Making dreams on a 1-175 million chance...

                          Fools we are.

                            Cletu$2's avatar - Lottery-050.jpg
                            S.E.Iowa
                            United States
                            Member #120509
                            December 21, 2011
                            534 Posts
                            Offline
                            Posted: June 15, 2012, 6:17 pm - IP Logged

                            Right state....wrong town,again.

                            When I was a boy I was told that anybody could become President; I'm beginning to believe it. ~Clarence Darrow

                            There ought to be one day - just one - when there is open season on senators. ~Will Rogers