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Final share of $564 million Powerball jackpot claimed in Texas

PowerballPowerball: Final share of $564 million Powerball jackpot claimed in Texas
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$127 million paid out to Austin trust to avoid publicity

By Todd Northrop

The Powerball jackpot-winning ticket sold in Texas for the historic Feb. 11 drawing has been claimed.

TL Management Trust, Andrew Weber, Trustee of Austin claimed the $127,046,150.05 Cash Value Option prize from the $564.1 million jackpot at Texas Lottery headquarters in Austin Friday.  The claimant requested minimal publicity.

The ticket was purchased at the Appletree Food Mart, located at 893 E. Princeton Drive in Princeton.  For selling the jackpot-winning ticket, the retailer is eligible for a $1 million bonus.

The massive jackpot was shared with two other winning ticket that were sold in North Carolina and Puerto Rico.  Those tickets have already been claimed.  (See N.C. Powerball lottery winner claims share of jackpot worth $188 million, Lottery Post, Feb. 24, 2015.)

The winning numbers drawn on Feb. 11 were 11, 13, 25, 39, and 54, with Powerball number 19.

The estimated annuitized jackpot for Saturday's Powerball drawing is now $100 million.

This is the second Powerball jackpot winner from Texas.  The previous winner, Paul McDowell of Ravenna, claimed the $29,906,600.00 cash value prize from the drawing held May 29, 2013.  The Lone Star Food Store #48 in Bells received a $400,000 retailer bonus for selling that ticket.  (See Northeast Texas town sells winning $40 million Powerball ticket, Lottery Post, May 31, 2013.)

In addition to the jackpot-winning ticket, Texas Lottery players won three second-tier prizes worth $1 million or more in the Feb. 11 drawing.  Plano resident Harold Laufgraben claimed a second-tier winning ticket worth $1,000,008 purchased in Euless.  Fort Worth resident Minh Quang Tran and Lev. P. Fisher of Houston claimed second-tier winning tickets worth $1 million each. 

Powerball jackpots start at $40 million and roll until the jackpot is won. Players win the jackpot by matching the five white ball numbers (1-59) and the red Powerball number (1-35).

There are eight other ways to win non-jackpot prizes ranging from $4 to $1 million or up to $2 million if the ticket includes Power Play. The overall odds of winning a prize in the game are approximately one in 31. The overall odds of winning the jackpot prize are one in 175,223,510.

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37 comments. Last comment 2 years ago by maximumfun.
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pickone4me's avatar - 021414tvlies zpsa453b327.jpg
Wisconsin
United States
Member #104962
January 23, 2011
1075 Posts
Offline
Posted: March 7, 2015, 9:47 am - IP Logged

"$127 million paid out to Austin trust to avoid publicity."   Looks like winners really don't want the media to plaster their face and name and everything every where.

Trump 2016!

    Original Bey's avatar - Lottery-022.jpg

    Bahamas
    Member #133462
    September 30, 2012
    5946 Posts
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    Posted: March 7, 2015, 9:59 am - IP Logged

    Final share? Has the winner from Puerto Rico claimed as well? I must have missed that story.

    "Everything works  ONCE!"

      Theox-'s avatar - DAylUYw

      United States
      Member #148698
      November 9, 2013
      96 Posts
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      Posted: March 7, 2015, 10:09 am - IP Logged

      Final share? Has the winner from Puerto Rico claimed as well? I must have missed that story.

      They claimed anonymously.

        OldSchoolPa's avatar - Lottery-057.jpg
        Gurnee, Illinois
        United States
        Member #49731
        February 12, 2007
        917 Posts
        Offline
        Posted: March 7, 2015, 10:17 am - IP Logged

        So only the NC winner came forth both before validating the ticket as well as afterward. I hope she has moved from her previous residence!

        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!

          ThatScaryChick's avatar - x1MqPuM
          Idaho
          United States
          Member #56506
          November 21, 2007
          6537 Posts
          Offline
          Posted: March 7, 2015, 10:20 am - IP Logged

          Hope they have lots of fun with their money! Congrats to the winner or winners. It's pretty smart to collect in a trust with all that money.

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

            Saylorgirl's avatar - Lottery-065.jpg
            Indiana
            United States
            Member #129225
            June 13, 2012
            546 Posts
            Offline
            Posted: March 7, 2015, 10:28 am - IP Logged

            Hope they have lots of fun with their money! Congrats to the winner or winners. It's pretty smart to collect in a trust with all that money.

            I agree it was a good move on their part.  Congratulations to the members of the trust enjoy your wealth.

              pickone4me's avatar - 021414tvlies zpsa453b327.jpg
              Wisconsin
              United States
              Member #104962
              January 23, 2011
              1075 Posts
              Offline
              Posted: March 7, 2015, 11:23 am - IP Logged

              Wonder how fast the money will get eaten up from either the healthcare fine,  or health insurance.

              Trump 2016!

                mypiemaster's avatar - 2015021003pileofcash
                JACKPOT HUNTER

                United States
                Member #141034
                April 2, 2013
                1406 Posts
                Offline
                Posted: March 7, 2015, 3:06 pm - IP Logged

                They claimed anonymously.

                Can you please show us where it says that  "they claimed anonymously" since I totally missed it. Did they avoid the initial 25% fed tax withholding?.

                Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                  mypiemaster's avatar - 2015021003pileofcash
                  JACKPOT HUNTER

                  United States
                  Member #141034
                  April 2, 2013
                  1406 Posts
                  Offline
                  Posted: March 7, 2015, 3:15 pm - IP Logged

                  http://www.ibtimes.com/powerball-puerto-rico-why-its-legal-win-there-1814786 This issue of Puerto Rico winning a 3rd. of the  PB jackpot, has generated a lot of hysteria on twitter and elsewhere. Some members of the dept. of revenue in PR, are not even sure if they are supposed to withhold fed. income tax on this windfall, since PR is exempt from fed income tax. The beat goes on and on.

                  Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                  Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                    LottoMetro's avatar - Lottery-024.jpg
                    Happyland
                    United States
                    Member #146344
                    September 1, 2013
                    1129 Posts
                    Offline
                    Posted: March 7, 2015, 3:33 pm - IP Logged

                    Can you please show us where it says that  "they claimed anonymously" since I totally missed it. Did they avoid the initial 25% fed tax withholding?.

                    http://www.nbcnews.com/news/latino/puerto-rico-powerball-winner-claims-prize-chooses-stay-anonymous-n309121

                    No mention of taxes though

                    If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
                    If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

                    2016: -48.28% (13 tickets) ||
                    P&L % = Total Win($)/Total Wager($) - 1

                      Avatar

                      United States
                      Member #163996
                      February 15, 2015
                      68 Posts
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                      Posted: March 7, 2015, 5:32 pm - IP Logged

                      "$127 million paid out to Austin trust to avoid publicity."   Looks like winners really don't want the media to plaster their face and name and everything every where.

                      Very smart move having a Trust claim the money.  And they even kept quiet about it until the ticket was turned in.  Are you reading this North Carolina girl, mother of four? (probably not; too busy giving interviews) Green laugh

                        Avatar
                        New Member

                        United States
                        Member #164581
                        March 7, 2015
                        6 Posts
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                        Posted: March 7, 2015, 6:53 pm - IP Logged

                        Wonder how fast the money will get eaten up from either the healthcare fine,  or health insurance.

                        I wonder why you are bringing up a subject that is not mentioned anywhere in this story.

                          Gleno's avatar - Lottery-001.jpg
                          New Jersey
                          United States
                          Member #80354
                          September 25, 2009
                          705 Posts
                          Offline
                          Posted: March 7, 2015, 6:57 pm - IP Logged

                          How about this smart winner, choosing to set up a trust in Texas.

                          This winner is already starting out on the right track.

                          Wink

                            Bondi Junction
                            Australia
                            Member #57242
                            December 24, 2007
                            1102 Posts
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                            Posted: March 7, 2015, 7:00 pm - IP Logged

                            So winners can claim anonymously in Texas?

                            We all get a lot out of lotteries!