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$70 million Calif. SuperLotto winner comes forward

California LotteryCalifornia Lottery: $70 million Calif. SuperLotto winner comes forward
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SAN FRANCISCO, Calif. — More than a month after buying the winning ticket in San Francisco, a 41-year-old man has finally come forward as the winner of a $70 million lotto ticket, the California Lottery said Wednesday.

Eurico Chin bought the ticket on a whim in late May at a Safeway in the Sunset District. "I thought to myself, 'why not?'" he said, according to a press release from the California Lottery. "I'm already here, might as well buy one," he reportedly said.

He purchased the winning SuperLotto Plus ticket, along with four others, at the Safeway at 2350 Noriega St. (Lottery officials did not give his city of residence, and said he wasn't interested in doing media interviews.)

Chin knew he was the winner, but waited to come forward because he was mulling over the possibilities for his loot.

"You have to plan carefully about what to do with the money," he said. In the meantime, Chin devised a strategy. He plans on investing most of the winnings and may buy a new house and car. He's also likely to retire, according to the press release.

From what occupation is unknown.

"I was watching the news and I saw that the winner was on Noriega (Street) and I remembered that I bought the ticket on Noriega," he said, according to a press release. "I thought to myself, 'Well, it might be me.'"

The winning numbers matched his ticket when he checked online.

"First I was in shock, I couldn't believe it. I checked the ticket several times to make sure that I won," he said.

Chin is still deciding between taking a one-time cash payment, which lottery officials estimated to be nearly $41 million before taxes or an annuity option that would score him the full winnings prior to taxes over the course of 30 years.

The Safeway store on Noriega will also receive $350,000 for selling the ticket.

The award is the largest SuperLotto Plus award since a $76 million ticket purchased in Shasta City in 2009.

SuperLotto Plus is an in-state lottery game. Players can purchase $1 tickets and pick five numbers from 1 to 47 and a Mega number between 1 to 27. The California Lottery holds drawings at its headquarters in Sacramento every Wednesday and Saturday.

SFGate

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31 comments. Last comment 3 months ago by sully16.
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haymaker's avatar - Lottery-012.jpg
egg harbor twp.south jersey shore
United States
Member #112972
June 29, 2011
3160 Posts
Offline
Posted: June 27, 2014, 3:36 pm - IP Logged

I think I'll start buying my tix. on a whim also...ohh...wait I can't do that if I say it...can I ?

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

    mrcraft's avatar - images3lp4 zps7dbb4a10.jpg
    Los Angeles, California
    United States
    Member #149499
    December 2, 2013
    818 Posts
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    Posted: June 27, 2014, 5:13 pm - IP Logged

    Congrats, sir!  Thumbs Up

      maringoman's avatar - kobold
      Massachusetts
      United States
      Member #37433
      April 14, 2006
      2090 Posts
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      Posted: June 27, 2014, 5:24 pm - IP Logged

      Living in California where the weather is always nice and then winning the lottery is just too good to be true. Mr Chin is gonna have it easy for a long time, nice catch!

      It's a futile effort.

        SammyJoe10's avatar - disney37
        Middle of Nowhere NC
        United States
        Member #151296
        January 12, 2014
        115 Posts
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        Posted: June 27, 2014, 5:50 pm - IP Logged

        Congratulations! I read that he was unemployed. He's only 41-- I'd spend my time traveling the world.

          Drenick1's avatar - villiarna
          USA
          United States
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          February 25, 2014
          468 Posts
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          Posted: June 27, 2014, 6:31 pm - IP Logged

          Smart man taking his time. He should consider relocating to a different state unless he wants to pay 13.3% state income tax on his future investments and that doesn't even account for the 39.6% federal tax as well as the 3.8% medicare tax.

          Never take advice from someone unless you are willing to live their lifestyle. 

            whiteballz's avatar - Lottery-015.jpg
            Nutley, New Jersey
            United States
            Member #131063
            August 1, 2012
            789 Posts
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            Posted: June 27, 2014, 6:42 pm - IP Logged

            congratulations Mr. Chin. Can I be next please? I got my ticket for Saturday night's Powerball.

            .

              Avatar
              New Member

              United States
              Member #156277
              June 13, 2014
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              Posted: June 27, 2014, 7:08 pm - IP Logged

              Rarely do you ever see the lottery officials not say which city the person is from....I'm shocked everyone doesn't opt out of that...does he just get permission to do so because he won 70mil? Just curious.....

                Avatar

                United States
                Member #131127
                August 2, 2012
                57 Posts
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                Posted: June 27, 2014, 9:41 pm - IP Logged

                Smart man taking his time. He should consider relocating to a different state unless he wants to pay 13.3% state income tax on his future investments and that doesn't even account for the 39.6% federal tax as well as the 3.8% medicare tax.

                Is it not 25% federal? + state ect.......

                  dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
                  Oklahoma
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                  Member #82391
                  November 12, 2009
                  5399 Posts
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                  Posted: June 27, 2014, 9:58 pm - IP Logged

                  Congratulation Mr. Chin Thumbs Up

                  I Love Pink & Green 1908

                    CDanaT's avatar - tiger avatar_04_hd_pictures_169016.jpg
                    TX
                    United States
                    Member #121198
                    January 4, 2012
                    1195 Posts
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                    Posted: June 28, 2014, 8:28 am - IP Logged

                    Guess that win will keep his Chin up.....so to speak  Wink

                      whiteballz's avatar - Lottery-015.jpg
                      Nutley, New Jersey
                      United States
                      Member #131063
                      August 1, 2012
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                      Posted: June 28, 2014, 9:33 am - IP Logged

                      Guess that win will keep his Chin up.....so to speak  Wink

                      LOL

                      .

                        pickone4me's avatar - 021414tvlies zpsa453b327.jpg
                        Wisconsin
                        United States
                        Member #104966
                        January 23, 2011
                        531 Posts
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                        Posted: June 28, 2014, 10:22 am - IP Logged

                        Rarely do you ever see the lottery officials not say which city the person is from....I'm shocked everyone doesn't opt out of that...does he just get permission to do so because he won 70mil? Just curious.....

                        Maybe it's an illegal collecting it.

                          ShowMeTheMoney$'s avatar - Lottery-050.jpg

                          United States
                          Member #140530
                          March 21, 2013
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                          Posted: June 28, 2014, 1:01 pm - IP Logged

                          $70 Million is a really big jackpot for the California SuperLotto.  It only goes up about $1 million between drawings.  I think it takes months to get that big, and it usually doesn't so Mr. Chin is indeed very lucky!

                            mrcraft's avatar - images3lp4 zps7dbb4a10.jpg
                            Los Angeles, California
                            United States
                            Member #149499
                            December 2, 2013
                            818 Posts
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                            Posted: June 28, 2014, 1:16 pm - IP Logged

                            Rarely do you ever see the lottery officials not say which city the person is from....I'm shocked everyone doesn't opt out of that...does he just get permission to do so because he won 70mil? Just curious.....

                            In California, they don't release our city of residence unless we give them permission to do so.  It's not considered public records.  However, they do release the city where the ticket was purchased.  I assume the vast majority of tickets purchased are fairly close to where they live or work, so one can make an assumption that the winner probably lives or works nearby.