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$1.04B Powerball Winner Comes Forward In Illinois
Patch • • business
Key Points:
- The sole winner of the $1.04 billion Illinois Powerball jackpot, the state's second-largest lottery prize, has come forward nearly a month after the Aug. 12 drawing, choosing to remain anonymous as permitted by state law.
- The winner purchased a single $2 Quick Pick ticket at Hy-Vee Fast & Fresh in Quincy and opted for the lump-sum payment after working with legal and financial advisers.
- The winning ticket retailer received a $500,000 bonus, and the jackpot run from May 4 to Aug. 12 generated over $53.8 million in ticket sales, contributing $26 million to Illinois' Common School Fund.
- Illinois Lottery officials expressed excitement over the claim, highlighting the significance of the prize as the eighth-largest Powerball jackpot in history and a milestone for the state.
- During the jackpot period, Illinois players won nearly $8 million in prizes from over 965,000 winning tickets, with retailers earning $2.5 million in commissions and bonuses.
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