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16 maintenance workers said to be New Jersey Powerball winners

PowerballPowerball: 16 maintenance workers said to be New Jersey Powerball winners
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A group of 16 maintenance workers from a county government garage in New Jersey share one of three winning tickets in the $448 million Powerball lottery jackpot, their boss said on Friday.

"Yes, we have 16 county workers from the Vehicle Maintenance Department who have won the lottery," Ocean County Vehicle Maintenance Department Director Jim Pine told Reuters.

New Jersey Lottery spokeswoman Judith Drucker said on Friday the owners of the two winning tickets sold in New Jersey, including the Ocean County group, have not come forward. The third winner was in Minnesota, where he held a press conference on Thursday.

Pine said the winners would go public next week, although they have not yet decided when they will validate their ticket.

"They are the most outstanding, dedicated group of people, and you'll be so pleased to meet them next week," Pine said. He added that all 16 have come to work since winning the Powerball drawing on Wednesday evening.

Winning tickets were sold at an Acme Markets store in the Jersey shore town of Little Egg Harbor and at a Super Stop & Shop supermarket in South Brunswick, said Judith Drucker, spokeswoman for the New Jersey Lottery.

The only confirmed winner is Minnesota engineer Paul White, 45, who was introduced on Thursday. He said he was so excited about winning he ran around the office of the Minneapolis contracting firm where he works.

White, a divorced father of a 16-year-old son and 14-year-old daughter, savored his win at a news conference at lottery headquarters by recalling when he first realized he hit it big.

"It's crazy, I've got to tell you," White said of the moment on Thursday morning at Elliott Contracting in Minneapolis, where he works as a project engineer.

He jumped up and ran around the office, and asked several people to look at the ticket to verify thePowerball number of 32 and numbers 5-25-30-58-59.

He then went to the Minnesota Lottery office, where he chose to take a cash payment of $86 million, or $58.3 million after taxes, from his $149 million share of the total jackpot.

"I have been waiting for this moment all my life," White said, after being asked why he came forward so quickly.

White said he had imagined winning the lottery "so many times in my head." He was joined by Kim VanReese, 45, his partner of about 4-1/2 years; Ron Bowen, his boss; and Bowen's wife, Nancy Bowen, who works at the firm.

"He started the day my boss. He's going to end the day my chauffeur," White joked.

White, who said he had been looking at a used Acura NSX sports car before the jackpot, said he would not leave his employer in a lurch but added: "I don't want to work for anybody else for the rest of my life, I mean for a paycheck."

The odds of winning the jackpot were about one in 175 million.

Asked if he was disappointed that he was splitting the jackpot three ways, White joked, "I think I can get by on it. We will see."

The largest jackpot in history stands at $656 million, won in the Mega Millions lottery in March 2012. That prize was split among winners in Maryland, Kansas and Illinois.

The biggest single-winner Powerball jackpot, of $590.5 million, was claimed in June by an 84-year-old Florida woman who opted for a lump-sum payment of nearly $371 million rather than the 30-year option.

Powerball tickets are sold in 43 states, the District of Columbia and the U.S. Virgin Islands. Five states — Kansas, Maryland, Delaware, North Dakota and Ohio — allow the winners to remain anonymous, according to the Multi-State Lottery Association.

Reuters

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34 comments. Last comment 3 years ago by RedStang.
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ThatScaryChick's avatar - x1MqPuM
Idaho
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Posted: August 9, 2013, 4:51 pm - IP Logged

That's a large pool of people. I wonder how much they will end up each taking home. Congrats to them on their win tho!

"No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."

    haymaker's avatar - Lottery-012.jpg
    Egg Harbor twp.south Jersey shore
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    Posted: August 9, 2013, 5:26 pm - IP Logged

    That's a large pool of people. I wonder how much they will end up each taking home. Congrats to them on their win tho!

    Just a rough calculation, but I guess each Is going to clear about 4.6 mils.

    more than enough for me.

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

      haymaker's avatar - Lottery-012.jpg
      Egg Harbor twp.south Jersey shore
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      Posted: August 9, 2013, 5:33 pm - IP Logged

      I like this, people who get their hands dirty making a living,

      ya know, like me LOL

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

        dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
        Oklahoma
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        Posted: August 9, 2013, 5:45 pm - IP Logged

        Congratulations to the "Ocean 16"Thumbs Up

        I Love Pink & Green 1908

          HaveABall's avatar - rocket

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          Posted: August 9, 2013, 5:45 pm - IP Logged

          Then after the 3 taxes, if the 16 people have even shares, their 'NET cash option income' would be apx. $2.93M each. 

          Enough for a small family to retire and live comfortably (have to remain living remainder life together in 1 house though) off their annual $100K (-25% investment's tax) investment's interest.  Or, enough for a solo person to retire and live semi-extravagant life on same annual $100K investment's pre-taxed interest. Star

          Having several millions of dollars in my financial accounts means receiving several valuable services each day!

          Disney

            dallascowboyfan's avatar - tiana the-princess-and-the-frog.jpg
            Oklahoma
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            Posted: August 9, 2013, 5:46 pm - IP Logged

            Just a rough calculation, but I guess each Is going to clear about 4.6 mils.

            more than enough for me.

            Me tooBig Grin

            I Love Pink & Green 1908

              haymaker's avatar - Lottery-012.jpg
              Egg Harbor twp.south Jersey shore
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              Posted: August 9, 2013, 5:50 pm - IP Logged

              Then after the 3 taxes, if the 16 people have even shares, their 'NET cash option income' would be apx. $2.93M each. 

              Enough for a small family to retire and live comfortably (have to remain living remainder life together in 1 house though) off their annual $100K (-25% investment's tax) investment's interest.  Or, enough for a solo person to retire and live semi-extravagant life on same annual $100K investment's pre-taxed interest. Star

              My 4.6 figure already had the the federal 39% and the Jersey 10.8 % worked in,

              not sure what you meant by "3 taxes"

              did I miss something ?

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

                Avatar
                NY
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                Posted: August 9, 2013, 5:57 pm - IP Logged

                That's a large pool of people. I wonder how much they will end up each taking home. Congrats to them on their win tho!

                $86 million cash / 16 = $5.375 million
                $5.375 million * .72 (25% federal and 3% NJ withholding) = $3.87 million

                That's what their checks should be, but their final tax bill may be higher. NJ taxes lottery winnings at 10.8%, so the maximum federal rate of 39.6% means their net could be closer to 50%, which is about $2.7 million.

                  Avatar
                  NY
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                  Posted: August 9, 2013, 6:00 pm - IP Logged

                  My 4.6 figure already had the the federal 39% and the Jersey 10.8 % worked in,

                  not sure what you meant by "3 taxes"

                  did I miss something ?

                  You seem to have forgotten that virtually nobody takes the annuity. The cash value of each ticket is a hair over $86 milin before taxes, so split 16 ways they start from about $5.375 million.

                    haymaker's avatar - Lottery-012.jpg
                    Egg Harbor twp.south Jersey shore
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                    Posted: August 9, 2013, 6:06 pm - IP Logged

                    $86 million cash / 16 = $5.375 million
                    $5.375 million * .72 (25% federal and 3% NJ withholding) = $3.87 million

                    That's what their checks should be, but their final tax bill may be higher. NJ taxes lottery winnings at 10.8%, so the maximum federal rate of 39.6% means their net could be closer to 50%, which is about $2.7 million.

                    Oh, OK , my calculations are wrong then as I did'nt use the cash value for my basis,

                    yes 2.7 Is much closer to the clear.

                    Thanks

                    No wonder everyone still went to work, not enough to retire w/out thinking It over unless you're already close to It,

                    most of the winners look to young for that.

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

                      haymaker's avatar - Lottery-012.jpg
                      Egg Harbor twp.south Jersey shore
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                      Posted: August 9, 2013, 6:08 pm - IP Logged

                      You seem to have forgotten that virtually nobody takes the annuity. The cash value of each ticket is a hair over $86 milin before taxes, so split 16 ways they start from about $5.375 million.

                      Oh I get It now, the 3rd tax is the $ you lose when you take the cash value !

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

                        OldSchoolPa's avatar - Lottery-057.jpg
                        Gurnee, Illinois
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                        Posted: August 9, 2013, 7:58 pm - IP Logged

                        Just a rough calculation, but I guess each Is going to clear about 4.6 mils.

                        more than enough for me.

                        After taxes are taken out (the new higher Obama taxes along with the new 10 percent tax in NJ), they will only clear about 2.7 million.  Still not bad, but certainly that Minnesota guy is much better off.

                        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!

                          scarchelli's avatar - 1zwkm5v
                          hinsdale, il
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                          Posted: August 9, 2013, 8:04 pm - IP Logged

                          Where does the 10% NJ tax come from?  Their tax is 3% says USA Mega...

                            OldSchoolPa's avatar - Lottery-057.jpg
                            Gurnee, Illinois
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                            Posted: August 9, 2013, 8:08 pm - IP Logged

                            Where does the 10% NJ tax come from?  Their tax is 3% says USA Mega...

                            NJ instituted a 10% tax on lottery winnings that they applied retroactively to those Chubb jackpot winners.

                            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!