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Florida Powerball winner claims $50 million jackpot

PowerballPowerball: Florida Powerball winner claims $50 million jackpot
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ST. PETERSBURG, Fla. — Christopher McGurran overnight went from living a modest life to living large.

The 30-year-old and his wife claimed the $50 million Powerball jackpot drawn last month in St. Petersburg.

"It's always somebody, someplace else, and you wonder if somebody won it. It's nice," said neighbor Bud Patten.

McGurran, a heating and cooling technician, bought the winning ticket at a Sweetbay grocery store just minutes from his home. Little did he know at the time that it would be his golden one.

The winning ticket was a Quick Pick.

"One of the mission statements of Sweetbay is to support our community. What better way to do that than to give somebody in our community $50 million," said assistant store manager Owen Henry.

He won't quite get $50 million, lottery officials say. He opted for the lump sum payout of $32.4 million.

Despite the figures, officials say he and his wife were calm while collecting the winnings. They've already reached out to financial advisors for help dealing with all that cash.

"They were prepared for this. They were subdued, but they were excited. I asked them what they did for living and now they said they're both retired," said David Bishop, deputy secretary of the Florida Lotto.

Their stroke of luck is spurring others at the Sweetbay to get their tickets there, hoping for lightning to strike twice.

The Sweetbay store, located at 2139 34th Street North, will receive a bonus incentive of $25,000 for selling the winning ticket.

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60 comments. Last comment 2 years ago by golfer1960.
Page 1 of 5
LottoGuyBC's avatar - Lottery-050.jpg
British Columbia
Canada
Member #116105
September 4, 2011
3642 Posts
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Posted: January 14, 2013, 10:30 am - IP Logged

Congrats Cheers Quick Pick eh Poke

$32.4 Million can buy alot of cheeseburgers White Bounce

"You have to be in it to win it!"


    United States
    Member #116272
    September 7, 2011
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    Posted: January 14, 2013, 10:31 am - IP Logged

    Nice win. 32.4 million after bloated government got their share. And the store gets a $25k tip.

      HoLeeKau's avatar - YheaShea
      Idaho
      United States
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      Posted: January 14, 2013, 10:46 am - IP Logged

      Yay for quick picks. 

      cheer up face smiley


        United States
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        September 7, 2011
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        Posted: January 14, 2013, 10:48 am - IP Logged

        That's what I call a "quicker picker-up'er"


          United States
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          September 7, 2011
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          Posted: January 14, 2013, 10:49 am - IP Logged

          Wink

            rdgrnr's avatar - walt
            Way back up in them dadgum hills, son!
            United States
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            April 28, 2009
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            Posted: January 14, 2013, 11:32 am - IP Logged

            Nice win. 32.4 million after bloated government got their share. And the store gets a $25k tip.

            That $32.4 Million is before the government gets their share.

            There's no way they'd let him keep that much money.

              whiteballz's avatar - Lottery-015.jpg
              Nutley, New Jersey
              United States
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              August 1, 2012
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              Posted: January 14, 2013, 11:43 am - IP Logged

              Nice win. 32.4 million after bloated government got their share. And the store gets a $25k tip.

              50 million is the annuitized jackpot. The winner opted for the 32.4 million lump sum but they will never see that amount because 25% is taken out for tax withholding and even more taxes will be due April 2014. With a top federal tax rate of 39.6%, they will get to keep roughly 19.5 million. Good thing for the winner Florida has no state tax on lottery prizes unlike New Jersey which tacks on an additional 10.8%.

              .

                ressuccess's avatar - WhiteShyGuy

                United States
                Member #93166
                June 23, 2010
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                Posted: January 14, 2013, 12:54 pm - IP Logged

                Congratulations to this last jackpot winner in the year 2012.

                  Cletu$2's avatar - Lottery-050.jpg
                  S.E.Iowa
                  United States
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                  December 21, 2011
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                  Posted: January 14, 2013, 1:21 pm - IP Logged

                  Congratulations to the McGurrans.Hopefully they can enjoy their jackpot without the leeches coming out of the woodwork to ruin it for them.

                  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

                    Piaceri's avatar - sarsony1
                    Wannabe Won Percenter
                    Republic of Texas
                    United States
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                    January 9, 2008
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                    Posted: January 14, 2013, 2:10 pm - IP Logged

                    50 million is the annuitized jackpot. The winner opted for the 32.4 million lump sum but they will never see that amount because 25% is taken out for tax withholding and even more taxes will be due April 2014. With a top federal tax rate of 39.6%, they will get to keep roughly 19.5 million. Good thing for the winner Florida has no state tax on lottery prizes unlike New Jersey which tacks on an additional 10.8%.

                    Sheesh, with that much being taxed, and at only 30 yrs old, you'd be hard pressed to live large on $16m for the rest of your life. Comfortable yes.

                    Congrats to the winners, and congrats for living in a state with no income tax. Thumbs Up

                    face

                    singlewinnersinglewinnersinglewinner   

                      whiteballz's avatar - Lottery-015.jpg
                      Nutley, New Jersey
                      United States
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                      Posted: January 14, 2013, 2:29 pm - IP Logged

                      Sheesh, with that much being taxed, and at only 30 yrs old, you'd be hard pressed to live large on $16m for the rest of your life. Comfortable yes.

                      Congrats to the winners, and congrats for living in a state with no income tax. Thumbs Up

                      16 mil is nothing to sneeze at but my issue is the 50 million annuitized jackpot is usually what is advertised on billboards and the number that grabs all the headlines. Little do most people know what they'd actually win after taxes isn't even close to the advertised amount. In other parts of the world like Canada and Europe, the advertised amount is exactly what you get since money won from the lottery is 100% tax free.

                      .

                        HoLeeKau's avatar - YheaShea
                        Idaho
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                        Posted: January 14, 2013, 3:02 pm - IP Logged

                        Sheesh, with that much being taxed, and at only 30 yrs old, you'd be hard pressed to live large on $16m for the rest of your life. Comfortable yes.

                        Congrats to the winners, and congrats for living in a state with no income tax. Thumbs Up

                        Spend 1 M on a house and furnishings and put 15 M in a low risk tax free investment.  He'd get at least 200K per year right now, even at today's low rates, and that's tax free.  If he can't live really well on that amount, with no mortgage payment, there's something wrong.   When the return rates go back up to 6% like they were 10 years ago, he'll be getting 900K tax free.  And his initial 15 M stays untouched.

                          dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
                          Oklahoma
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                          November 12, 2009
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                          Posted: January 14, 2013, 3:22 pm - IP Logged

                          Congratulations to Mr. & Mrs. McGurran......Thumbs Up

                          I Love Pink & Green 1908

                            maringoman's avatar - kobold
                            Massachusetts
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                            April 14, 2006
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                            Posted: January 14, 2013, 4:47 pm - IP Logged

                            16 mil is nothing to sneeze at but my issue is the 50 million annuitized jackpot is usually what is advertised on billboards and the number that grabs all the headlines. Little do most people know what they'd actually win after taxes isn't even close to the advertised amount. In other parts of the world like Canada and Europe, the advertised amount is exactly what you get since money won from the lottery is 100% tax free.

                            I love the idea of tax free lottery winnings. The reason behind my belief is that winner will spend that money in this economy and will end up paying sales taxes, property taxes, excise taxes, capital gains taxes and dividend taxes, interest taxes Thumbs Down

                            It's a futile effort.