Rumors were wrong
Update: complete raw video of press conference added
By Todd Northrop
Contrary to rumors swirling in the media and on Web sites this morning, the New Jersey Lottery announced this morning at a press conference that the winning Powerball ticket for Saturday's $338.3 million jackpot was sold at a liquor store in Passaic.
New Jersey Lottery Executive Director Carole Hedinger announced Monday morning at a 10:00 am press conference that Eagle Liquors, located at 126 Passaic Avenue in Passaic, New Jersey, sold the winning ticket.
The liquor store will receive a bonus of $10,000 for selling the winning ticket.
When Hedinger announced the location of the winning ticket, an audible gasp could be heard among the media attending the event. Probably as they were face-palming themselves for spending so much time early this morning reporting on the false rumors that the ticket was sold in Bordentown.
The New Jersey Lottery does not know who the winner is at this point, since the winner has not come forward yet.
After a brief statement about where the winning ticket was sold, Hedinger fielded various questions from the media, mainly covering topics such as the ability (or not) of the winner to remain anonymous, and tax issues.
The annuity value of the jackpot is $338.3 million, although most winners choose the lump-sum cash payout.
The approximate cash value of the jackpot is $211 million. According to Hedinger, the federal taxes withheld from the cash payout will be $52,750,000 and New Jersey state taxes withheld will be $6,330,000, leaving a net payout of $151,920,000.
A complete raw video of the New Jersey Lottery press conference can be found below and on Lottery Post's You Tube page.
RAW VIDEO: Watch the press conference
Congratulations to the winner/s
Video of the press conference coming shortly...
I trust that the winner was buying a bottle of JD!
Found the Goolgle image.
https://www.google.com/maps?
Well that proves "You never know". Place looks like its abandoned. Looked on the NJ lotto site and i see nothing about them selling a winning ticket. Very odd.
WOW!!! Maybe the owner will remodel with his/her bonus for selling the winning ticket
Thanks Todd.
HRH Todd beats the official sites all the time. He still wouldn't share his secret.
Thanks for sharing the map Ronnie!
lol. The sign looks like its a printed banner hanging there.
It just hit now hit the MSN front page.
Hope the winner is smart enought to get his or her affairs in order before cashing the ticket, and what ever you do don't hold a press confrence.
for all of you in favor of anonominity and that gun totin oklahomaite comes to mind, you seem awful curious about who the winner is. i guess unless you win you want it publicized. kind of a double standard.
I think I will enjoy waving to the crowd and smiling for the camera.
I hope it was somebody gettin' a half pint for his back pocket.
I got no problem with a winner staying anonmous, in fact whenever I see a winner having a news confrence and and holding interviews like they are famous I cringe and say a little prayer for them and their family that they don't end up cursed by the win.
Welcome to the LP Tyler
Thanks my sister, Black and Gold here!
Or some wine
I'm going out on a limb with saying, I think this win was right on time! Congrats to the winner!
Can a half pint fit in that there pocket?
* Whats the chance that the owner of the liquor store was from Haiti and sending his/ hers portion of the winnings to help the family back on the island is admirable.
As long as it ain't them there skinny jeans... Some good ol wranglers or levis I bet it could
Can't say you're not curious as to what type of person/family won... I'll sleep just fine at night f I don't know, but i like the stories
Can a half pint fit in that there pocket?
Hell yeah, easy.
RL Burnside even had an album titled "Ass Pocket o' Whiskey".
So many stories in the media are claiming that this was the "6th largest jackpot ever". I don't know who came up with that, but it seems that someone made this wrong claim, and the rest of the media continues to parrot it.
For the record, it is the 8th-largest annuity jackpot, and the 7th-largest cash value.
Here are the top 10 of each:
Top 10 Annuity Jackpots (March 23 Powerball jackpot in bold)
Top 10 Cash Values (March 23 Powerball jackpot in bold)
They fit fine in my overalls, heh,heh,heh...
I ain't the skinny jeans type so I don't know about that (where's jimmy?).
They do fit in Wranglers and Lees and probably most anything else though, I'd reckon.
Thanks for the info Todd
LOL now ridge you know you can't comment about a song with out a link
Thanks, Todd.
I'll put it in my blog, dallas (language
).
Oh ok
On my way to the nearest Liquor store to get me a Powerball Ticket
Hope you win.
the winning Powerball ticket for Saturday's $338.3 million jackpot was sold at a liquor store in Passaic. The liquor store will receive a bonus of $10,000 for selling the winning ticket.
I am sorry but $10,000 bonus is ridiculous. We have a lottery winner in CA who won merely $6.5 millions but the retailer from where the winner bought the ticket got $32,500 bonus check.
every time i go to a liquor store to buy lotto, i say give me a couplae quick ones, and end up coming home drunk, sans lotto tickets.
In Alabama?
I think you might be in for a surprise.
Congrats to the lucky winners.
Someone is going to be doing a lot of drinking celebrating.
I like crown royal in the mini bottles with a 20 ounce of coke. Congrats to the winner and the liquor store too.-weshar75
Surprise Me Ridge Runner!!!!!! Gosh Darn it I forgot there is no Lottery in Alabama. But hey I still may take a trip too a nearest corner liquor store.
I usually drive 45 minutes away to Pensacola. If I am feeling lucky I go to Casino in Biloxi. But needless to say luck usually leaves upon arriving.
That picture makes me wonder if we could find out that lottery winners can go broke even after clearing more than $100 million.
That's a pretty fat paycheck for 30 seconds of work you were already paid for. Lottery retailers seem to be perfectly happy to sell tickets for a modest 5 to 7% commission, so I don't know why lottery commissions pay bonuses for selling big winners. Did the retailer do something to deserve more for selling this ticket than they did for any of the losing tickets they sold?
Somehow I knowed you was in Mobile. I knowed it!
Pat Battle reporting for NBC was outside the Liquor Store and the winner is a Passaic bodega worker who was working all day and didn't realize the winning ticket was purchased at his regular lotto / liquor shop. He actually took out his ticket and gave it to the clerk to run through the machine and a jackpot message was indicated! I'm surprised no one followed him home....
That may be true, but as we learned this morning these rumors are not always true. That's why you may have noticed that I did NOT report the rumors early this morning about the ticket being purchased in Bordentown, like all the other news outlets were doing. The rumors were totally false.
But who knows, this story may be true. I just won't trust it until there's some kind of proof.
Ridge Runner are you spying on me. But of course am in Mobile.
Nice Video, that poor lady with all them question threw at her, also she needed a stand to put her papers on that crazy her having to hold them folders, i would make sure she was as comfortable as she could be before the press conference started
WTG! NJ Congrats to the Winner or Winners
New Jersey had 52 $1,000,000 last year... Plus a big jackpot... And starting this year strong... Hope it spreads to the mid west!!!!! Congrats to the winners tho :)
Congrats to the winners, just don't end up broke. Unlike that guy and his son who won 2M on a scratch off and his son made him go broke and they both ended up in jail. They was on that TV show The Lottery Changed My Life. I think their last name was Ficks.
Good ol Leroy... He woulda done a lot better (I believe) if he woulda cut ties w his son... It appeared to me he was on some drugs during the taping of show... Could b wrong...Guess the sons "investments" in cheap swords didn't pay off :-/
So they throw a press conference just to say where the ticket was sold? Making things way bigger than they need to be.
I propose states should have a four part press conference after a win. (On seperate days of course)
1. Declare that your state sold the winning ticket
2. Declare what retailer sold the ticket
3. Whether it was a quick pick or self pick
4. Who the winner is, unless they can claim anonymous
they like to do things BIG in NJ
Haha thats the hood. I can't wait to see who claims the jp and hear their story.
yes, it is getting exciting to hear
Lets hope its not a raging alcoholic who wins because this new found wealth will just send em to an early grave.
Yea, shame he didn't seek help and cut his ties with his son. Could of invested in a second rental property and rented it out or something. Instead he made his fool of a son his financial advisor lol.
Todd, when i heard bordentown on the news this morning, first thought was, out of state winner,
PA. turnpike, NJ. turnpike, US. 130, interstate 95/295 ppl. from all over the place in that area everyday,
it's like when a winner is sold at an airport.
I bet Jersey can't wait for their 10.8 %
10.8 is horrible, should be tax free.
Sure its going to spread, all the way to the West Coast, namely California. We ready for this baby to arrive and deliver.The rest of the nation dodged a nuclear bullet by California not being part of this latest PB jackpot.Better hold onto your hats people once California gets in on the game, its gonna be quite a ride.
People who say it cannot be done should not interrupt those who are doing it.
- George Bernard Shaw.
i like the way your thinking
The strange thing is that the NJ Lottery director said in her press conference this morning that NJ is only withholding 3% from the payout for state taxes. I am not aware of any changes to the tax law in NJ, so my guess is that they take the rest later, but I need to check on it.
She moved from Maryland...Got hired at Mickie Dees and started a lottery pool at work..
After NJ take their share, do they have to pay the IRS money also?
lol
They both simultaneously get their share. Both withhold fixed percentages of the jackpot upon initial payout, and then the winner will likely owe some more taxes by the end of the year.
Thanks for the reply Todd, seems pretty confusing if I was a US citizen and won first thing I would do is seek financial help from a lawyer or something. I guess most winners do that anyway.
The smart ones do.
Isn't this that woman who called a Press Conference to brag about her winning the jackpot while those in the pool she was a part of- did not? If it is her, she was a few fries short of a " happy meal".
She is a example of why I wouldn't want to be in a pool.
Uhm yes....the IRS (Internal Robbery Service) gets 25% off the top then you owe them another 15 -20% at tax time....Gotta love the private bankers looting the world....<snip>s. The IRS is the collection arm of the private Federal Reserve. The "Federal Reserve" is about as Federal as FEDEX.
That sucks, must be annoying if you won 500M and then they come along and take all 150M straight away. I would rather it go to charity than them taking it.
Yes, that is strange, maybe they already know that the winner is a resident ?
Imagine if the winner is also the owner and gets the 10k. Drinks are on him.
Yeah, especially not with the Sweet Swine lady.
She hides the tickets and can't remember where she put 'em.
15-20 %? You mean state taxes? If so it's less. I am still confused why she said 3% instead of 10.8% for NJ state taxes.
Come hell or high water, jersey will collect 10.8%
3% must be w/holding, the winner is a resident.
Wow, that's good amount of bonus to the liquor store. For sure it will motivate them to sell more powerball tickets! :)