Wisconsin man claims $14.4M lottery jackpot

Jul 18, 2007, 12:01 pm (11 comments)

Wisconsin Lottery

Terry Peters, of Two Rivers, Wisconsin, became a millionaire Tuesday.

Peters validated the sole winning ticket from Saturday's $14.4 million Megabucks drawing at state lottery offices.  Earlier on Monday, Peters had stopped by the store where he purchased the ticket to check if he was a winner.

He chose to take the lump sum cash payment of $7.6 million. He will receive about $5.4 million after taxes.

Peters will take part in a news conference at 10:30 a.m. Thursday at the GV Unimart in Mishicot, where he bought the ticket.

The winning numbers — 3, 7, 12, 21, 27, 30 — were drawn on Saturday, July 14. 

"This was the only jackpot ticket sold for Megabucks," said Jennifer Lach, state lottery communications intern.

Winners have 180 days from the day of the drawing to claim their prize, Lach said. They have 60 days from the day they validate their winning jackpot ticket to determine whether they want to take a cash payment or annuity, she said.

The jackpot was the fifth largest in Megabucks history.  The last Megabucks jackpot winner was Patricia Stage, of Bailey's Harbor, who won $15.4 million on Oct. 16, 2006, Lach said.

The odds of winning the jackpot, a six-out-of-six number match, are one in 6,991,908, according to the Wisconsin Lottery Web site.

Lottery Post Staff

Tags for this story

Other popular tags

Comments

Raven62's avatarRaven62

One Wisconsin Player that's Happy he didn't Boycott his State's RNG Games!

Todd's avatarTodd

Quote: Originally posted by Raven62 on Jul 18, 2007

One Wisconsin Player that's Happy he didn't Boycott his State's RNG Games!

Relevance?

spy153's avatarspy153

congratulations Terry Peters Party

Raven62's avatarRaven62

Quote: Originally posted by Todd on Jul 18, 2007

Relevance?

Wisconsin is an RNG State, and RNG's seem to be a Hot Topic at this time.

Even though RNG's are not welcomed by many players (me included) when it's the only game in town people will play it, and this news item is an example of a player winning under these circumstances.

Maybe the folks on Lottery Post should sign a petition against RNG's?

Todd's avatarTodd

Quote: Originally posted by Raven62 on Jul 19, 2007

Wisconsin is an RNG State, and RNG's seem to be a Hot Topic at this time.

Even though RNG's are not welcomed by many players (me included) when it's the only game in town people will play it, and this news item is an example of a player winning under these circumstances.

Maybe the folks on Lottery Post should sign a petition against RNG's?

You're kidding, right?  (Maybe the folks on Lottery Post should sign a petition against RNG's?)

Have you ever seen this graphic, which has been on every page in this whole site for the past 4 years?? 

Petition for True Lottery Drawings

(Currently almost 4,000 signatures)

Regarding your other points, OF COURSE somebody wins in a computerized drawing.  That is completely irrelevant to the idea that computerized drawings should be banned. 

Saying something like that only plays into the hands of these people trying to shove fake drawings down our throats, so I'm trying to figure out the motivation for saying it.  Are you just playing devil's advocate?

Raven62's avatarRaven62

Quote: Originally posted by Todd on Jul 19, 2007

You're kidding, right?  (Maybe the folks on Lottery Post should sign a petition against RNG's?)

Have you ever seen this graphic, which has been on every page in this whole site for the past 4 years?? 

Petition for True Lottery Drawings

(Currently almost 4,000 signatures)

Regarding your other points, OF COURSE somebody wins in a computerized drawing.  That is completely irrelevant to the idea that computerized drawings should be banned. 

Saying something like that only plays into the hands of these people trying to shove fake drawings down our throats, so I'm trying to figure out the motivation for saying it.  Are you just playing devil's advocate?

Has submitting the Petition to any of the RNG States had any impact on their decision to implement an RNG instead of a Mechanical Ball Machine?

Todd's avatarTodd

Quote: Originally posted by Raven62 on Jul 19, 2007

Has submitting the Petition to any of the RNG States had any impact on their decision to implement an RNG instead of a Mechanical Ball Machine?

Who said it was submitted to any state?

That aside, I have addressed that issue many times in the last two days.  I'd suggest reading the many posts I've made on the subject, rather than repeating it here.  (Especially since it has nothing to do with this news story.)

Just6ntlc

I hope Mr. Peters doesn't have financial problems later in life.

DoubleDown

Quote: Originally posted by Just6ntlc on Jul 19, 2007

I hope Mr. Peters doesn't have financial problems later in life.

I do too- this has worried me ever since I saw he won.

Litebets27's avatarLitebets27

SHOULD READ:

           Terry Peters...sole winner of 5.4 million dollars....after taxes

           Wisconsin and Feds...winner of 9.0 million dollars...after players donations

LOL

Congratulations Mr. Peters....spend, save,invest it well.

litebets

Guru101's avatarGuru101

Congratulations Mr. Peters! Go buy yourself a Corvette!

End of comments
Subscribe to this news story
Guest