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Why Illinois Powerball player who hit $1.04B jackpot may never be known
New York Post • • general
Key Points:
- An Illinois Powerball ticket holder won a $1.04 billion jackpot, the eighth-largest in the game's history, and may keep their identity anonymous under state law if they file a confidentiality request.
- The winner must claim the prize by October 11 and choose between a lump sum payout of about $450.5 million or 30 annual installments over 29 years, with the lump sum subject to significant federal and state tax deductions reducing it to approximately $283.8 million.
- Illinois allows lottery winners of prizes over $250,000 to remain anonymous upon request, contrasting with varying anonymity rules across other states, where some offer full or partial anonymity based on prize amounts.
- The winning ticket was purchased at a convenience store in Quincy, Illinois, ending a 44-drawing jackpot drought, and the Powerball jackpot has since reset to $20 million for the next drawing.
