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$337 million Powerball jackpot ticket sold at gas station in small Michigan city

PowerballPowerball: $337 million Powerball jackpot ticket sold at gas station in small Michigan city
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Includes video report

Update: Cash value was second-highest ever for any US lottery game

Update 2: Cash value reported by MUSL was wrong! Actually $224.6 million.

By Todd Northrop, with wire reports

LAPEER, Mich. — A gas station in a small Michigan city is buzzing with excitement after the state lottery announced Thursday that a $337 million jackpot-winning Powerball ticket was sold there.

The Michigan Lottery said the ticket was sold in Lapeer, about 45 miles north of Detroit. There wasn't immediate word about the buyer's identity. It was the third biggest Powerball jackpot in the game's history, lottery officials said, and the holder could take home a $224.7 million lump sum.

[Editor's note: The AP published a story today that had wide circulation on the Internet stating that the cash value was $241 million.  The cash value for Wednesday's jackpot has been confirmed as $244.7 million by MUSL — $244,655,690.17, to be exact.  I have updated the next sentence to reflect the fact that the cash value was the second-highest ever recorded for a US lottery game.]

[Editor's note #2: The cash value reported by MUSL was wrong.  The actual cash value of the jackpot was $224,655,690.17.  It is the FOURTH-highest cash value recorded in US history, not the second-highest as previously reported.]

The lump-sum cash value is the largest ever for a Powerball jackpot — and the second-highest fourth-highest cash value for any game in US history.

"It's a great day," Mayor Bill Sprague said after pumping gas at the market and Sunoco station, which was the center of the excitement.

Inside, customers who approached the counter to buy coffee, snacks and yes, lottery tickets, offered congratulations to Betr Odish, whose family owns the business.

Odish, 21, said his family has owned the station for two years.

"It's exciting," he said.

Odish, who was working the 2 a.m. to 1 p.m., shift, said a cousin called him around 5 a.m. to give him the good news. The Michigan Lottery said the business will get a $50,000 bonus for selling the winning ticket. Odish said he didn't know what his family would do with the money, but he was sure it would be put to good use.

"It'll probably be their best business day," said Sprague, who described his 10,000-resident community as "a nice, hard-working Midwestern town."

The winning numbers in the Wednesday night drawing were 6, 27, 46, 51, 56 and Powerball 21. The holder of the winning ticket has a year to come forward and claim the prize, Michigan Lottery spokeswoman Andi Brancato said. The identity of the ticket holder will be released after they contact the lottery, she said.

Joe Jackson, 57, of Columbus, Ohio, has been in town for the past 10 days selling used cars. Jackson said he purchased two Powerball tickets Wednesday in the same store where the jackpot ticket was sold.

"Should have bought more. I am very upset," he joked.

"It should have been me," Jackson said before fist-bumping an employee and walking out.

VIDEO: How the Powerball lottery works

http://media.lpimg.com/2012081601.mp4

Lottery Post Staff, AP, CBS News

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131 comments. Last comment 4 years ago by mcginnin56.
Page 1 of 9
OldSchoolPa's avatar - Lottery-057.jpg
Gurnee, Illinois
United States
Member #49731
February 12, 2007
917 Posts
Offline
Posted: August 16, 2012, 3:30 pm - IP Logged

I am glad it got hit. I had a feeling about 4 of the field of 5 but unfortunately, I didn't sit and put it all together. Guess I need to stop filling out play slips while standing inside the store. Here's hopinthat is a single winner...kills the excitement of late when name your work pool comes forward and we learn that peeps will be just rich, not mega rich.

Now time to go put in my numbers for Saturday, and I hope I hit. I will come forward immediately since I know media is so focused on Michigan. I bet the winner is a Canadian...welcome to paying your fair share of taxes to US.

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!


    United States
    Member #111442
    May 25, 2011
    6323 Posts
    Offline
    Posted: August 16, 2012, 3:32 pm - IP Logged

    Congrat's to the new winner, and Michigan!  Party

     

    Probably no doubt this will be taken as a lump sum, would be very surprised if it were not the case.

      haymaker's avatar - Lottery-012.jpg
      Egg Harbor twp.south Jersey shore
      United States
      Member #112968
      June 29, 2011
      3850 Posts
      Offline
      Posted: August 16, 2012, 3:44 pm - IP Logged

      I'm thinking its a pool, or an occasional player.

      Just cause of the size of the JP.

      But I'm hoping its a single long time player or family pool.

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

        Avatar
        NEW YORK
        United States
        Member #90535
        April 29, 2010
        11974 Posts
        Offline
        Posted: August 16, 2012, 3:51 pm - IP Logged

        Lotteries represent redistribution of wealth at its finest. Lotteries redistribute your income through taxable winnings.

        Lotteries represent voluntary taxation.

        US Flag

        PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!

          Robinhood's avatar - Robin
          My Town
          Bahamas
          Member #128966
          June 6, 2012
          169 Posts
          Offline
          Posted: August 16, 2012, 4:30 pm - IP Logged

          Lotteries represent redistribution of wealth at its finest. Lotteries redistribute your income through taxable winnings.

          Lotteries represent voluntary taxation.

                Its certainly a whole lot better than "forced taxation" which is what is being done in countries where citizens are taxed by their Governments.  At least with the "voluntary taxation" one has the option to play or not - and if you decided to play, you also get to choose how much you will play.  The other way; they take your money when they want to, as much as they want to, and when they feel they need more of your money - they simply increase taxes and take some more of your hard-earned money.

               I've always maintained that I will not tolerate direct income tax in my country - NEVER.  If the day ever comes that there is income tax in the Bahamas, is the day my bones will be white, as the old folks say.  We have enough indirect tax as it is.

               The moment citizens of any country allow their Government, or gives them the authority to put their hands in the citizens' pockets/wallets and take their money, is the day I call APRIL FOOLS' DAY - because once you do that, they NEVER stop taking and then they don't know when to stop, they keep going deeper into your pockets.  In addition, because they didn't earn that money (it's like taking candy from a baby) then of course, all they do with your hard-earned money is WASTE IT!!!

              I am 100 percent certain that if you were to ask the over 300 hundred million people in the U.S. who pay taxes, if it were put to a vote and they were given a choice to pay taxes or not, I'll bet any money that the majority of U.S. citizens, (and  for that matter, citizens of any nation that is taxed to the max) I'll bet my bottom dollar that they would opt for NO TAXES PERIOD!!!!  I bet, and that would be an easy win - anyday.

           We all Luv to win ..... at least now 'n again!

            Matt. 22: 21 -  Render unto Caesar the things that are Caesar's,

                                    but unto the Heavenly Father, the things that are His.

            Todd's avatar - Cylon 2.gif
            Chief Bottle Washer
            New Jersey
            United States
            Member #1
            May 31, 2000
            23259 Posts
            Offline
            Posted: August 16, 2012, 4:43 pm - IP Logged

            I have just updated the news story to reflect the exact cash value reported to me by MUSL — $244,655,690.17.  (i.e., $244.7 million.)

            It's the second-highest cash value in history — even higher than the $380 million Mega Millions jackpot on Jan. 4, 2011, when the cash value was $240 million.  I'm really shocked by that, because Mega Millions almost always has a bigger cash value-to-annuity ratio, because of its fixed annuity (vs. Powerball's annually-increasing annuity), as well as Mega Million's shorter annuity period.

            If annuity rates were not doing so poorly as they are in this horrendous economy, the advertised jackpot (annuity) would have been crazy-high.

             

            Check the State Lottery Report Card
            What grade did your lottery earn?

             

            Sign the Petition for True Lottery Drawings
            Help eliminate computerized drawings!


              United States
              Member #111442
              May 25, 2011
              6323 Posts
              Offline
              Posted: August 16, 2012, 5:00 pm - IP Logged

              I have just updated the news story to reflect the exact cash value reported to me by MUSL — $244,655,690.17.  (i.e., $244.7 million.)

              It's the second-highest cash value in history — even higher than the $380 million Mega Millions jackpot on Jan. 4, 2011, when the cash value was $240 million.  I'm really shocked by that, because Mega Millions almost always has a bigger cash value-to-annuity ratio, because of its fixed annuity (vs. Powerball's annually-increasing annuity), as well as Mega Million's shorter annuity period.

              If annuity rates were not doing so poorly as they are in this horrendous economy, the advertised jackpot (annuity) would have been crazy-high.

              Cash is always king!

               

                Avatar
                New Member
                Canal Winchester, OH
                United States
                Member #131695
                August 16, 2012
                7 Posts
                Offline
                Posted: August 16, 2012, 5:02 pm - IP Logged

                Crazy,
                They interviewed someone from my city.
                This is a sign! Cool

                Sorry for him but, I'll be the next big winner from Columbus.

                  ressuccess's avatar - Lottery-043.jpg

                  United States
                  Member #93164
                  June 23, 2010
                  1313 Posts
                  Offline
                  Posted: August 16, 2012, 5:13 pm - IP Logged

                  Congratulations to this jackpot winner. I didn't know this is the highest jackpot in lump sum when they step forward.

                    Avatar
                    NEW YORK
                    United States
                    Member #90535
                    April 29, 2010
                    11974 Posts
                    Offline
                    Posted: August 16, 2012, 5:26 pm - IP Logged

                          Its certainly a whole lot better than "forced taxation" which is what is being done in countries where citizens are taxed by their Governments.  At least with the "voluntary taxation" one has the option to play or not - and if you decided to play, you also get to choose how much you will play.  The other way; they take your money when they want to, as much as they want to, and when they feel they need more of your money - they simply increase taxes and take some more of your hard-earned money.

                         I've always maintained that I will not tolerate direct income tax in my country - NEVER.  If the day ever comes that there is income tax in the Bahamas, is the day my bones will be white, as the old folks say.  We have enough indirect tax as it is.

                         The moment citizens of any country allow their Government, or gives them the authority to put their hands in the citizens' pockets/wallets and take their money, is the day I call APRIL FOOLS' DAY - because once you do that, they NEVER stop taking and then they don't know when to stop, they keep going deeper into your pockets.  In addition, because they didn't earn that money (it's like taking candy from a baby) then of course, all they do with your hard-earned money is WASTE IT!!!

                        I am 100 percent certain that if you were to ask the over 300 hundred million people in the U.S. who pay taxes, if it were put to a vote and they were given a choice to pay taxes or not, I'll bet any money that the majority of U.S. citizens, (and  for that matter, citizens of any nation that is taxed to the max) I'll bet my bottom dollar that they would opt for NO TAXES PERIOD!!!!  I bet, and that would be an easy win - anyday.

                    I WILL BUY A LOTTERY TICKET SOMEDAY.

                    US Flag

                    PLAY THE LOTTERY SOMEDAY-IT IS OKAY TO DREAM!


                      United States
                      Member #131552
                      August 13, 2012
                      94 Posts
                      Offline
                      Posted: August 16, 2012, 5:30 pm - IP Logged

                      Congrat's to the new winner, and Michigan!  Party

                       

                      Probably no doubt this will be taken as a lump sum, would be very surprised if it were not the case.

                      Congrat's to the winner!(s) I just bought $10 for Saturday's $40 million drawing. Can't wait! 

                      Hyper


                        United States
                        Member #111442
                        May 25, 2011
                        6323 Posts
                        Offline
                        Posted: August 16, 2012, 5:40 pm - IP Logged

                        Congrat's to the winner!(s) I just bought $10 for Saturday's $40 million drawing. Can't wait! 

                        Hyper

                        Congrat's are in order hotslot! Party

                         

                        Look forward to seeing you at the lottery headquarters, showing off your oversized trophy check!

                         

                          weshar75's avatar - Lottery-042.jpg
                          Mcminnville, Oregon
                          United States
                          Member #3013
                          December 13, 2003
                          3046 Posts
                          Offline
                          Posted: August 16, 2012, 5:49 pm - IP Logged

                          Congrat's are in order hotslot! Party

                           

                          Look forward to seeing you at the lottery headquarters, showing off your oversized trophy check!

                           

                          They sure did mess up the amount on that oversized check.  $31 billion 490 million dollars.  Idiots!!!!!!!!!!-weshar75

                          US Flag


                            United States
                            Member #111442
                            May 25, 2011
                            6323 Posts
                            Offline
                            Posted: August 16, 2012, 5:56 pm - IP Logged

                            They sure did mess up the amount on that oversized check.  $31 billion 490 million dollars.  Idiots!!!!!!!!!!-weshar75

                            US Flag

                            Nice catch weshar, didn't notice!   Thumbs Up

                             

                            Funny thing is, ole' Jack probably would have blown through that cash for $31 billion, quicker than his millions!    Green laugh