NATIONAL NEWS

Ticket bought in Illinois wins $1.337B Mega Millions jackpot

Jul 30, 2022, 9:16 AM | Updated: 12:42 pm
Mega Millions lottery tickets are sold at a 7-Eleven store in the Loop on January 22, 2021 in Chica...
Mega Millions lottery tickets are sold at a 7-Eleven store in the Loop on January 22, 2021 in Chicago, Illinois. The jackpot in the drawing has climbed to $970 million, the third highest in the game's history. (Photo Illustration by Scott Olson/Getty Images)
(Photo Illustration by Scott Olson/Getty Images)

CHICAGO (AP) — A single ticket bought in a Chicago suburb beat the odds and won a $1.337 billion Mega Millions jackpot.

According to megamillions.com, there was one jackpot-winning ticket in the draw Friday night, and it was bought at a Speedway gas station and convenience store in Des Plaines.

The winning numbers were: 13-36-45-57-67, Mega Ball: 14.

“We are thrilled to have witnessed one of the biggest jackpot wins in Mega Millions history,” Ohio Lottery Director Pat McDonald, the current Lead Director for the Mega Millions Consortium, said in a statement on the lottery’s website. “We’re eager to find out who won and look forward to congratulating the winner soon!”

The jackpot was the nation’s third-largest lottery prize. It grew so large because no one had matched the game’s six selected numbers since April 15. That’s 29 consecutive draws without a jackpot winner.

Lottery officials had estimated the winning take at $1.28 billion, but revised the number up to $1.337 billion on Saturday.

The total prize is for winners who choose the annuity option, paid annually over 29 years. Most winners opt for the cash option, which for Friday night’s drawing was an estimated $780.5 million.

The odds of winning the jackpot are 1 in 302.5 million.

According to the Illinois Lottery, the store that sold the ticket is a pretty big winner, too; it will receive half a million dollars just for selling the ticket. A clerk at the Speedway store who answered the phone but declined to give his name said the store has not been officially notified officially that it sold the winning ticket and that he learned about it from reporters calling for comment.

Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands. The game is coordinated by state lotteries.

Illinois is among the states where winners of more than $250,000 can choose to not reveal their names and Illinois Lottery spokeswoman Emilia Mazur said the vast majority of those winners do just that.

Even lottery officials may not know for a while who won because winners don’t have to come forward straight away. And the winning ticket may have been bought by a group of people.

“We won’t know whether it’s an individual or it’s a lottery pool until the winner comes forward to claim their prize,” National Mega Millions spokeswoman Danielle Frizzi-Babb said.

Emily Irwin, managing director, Advice & Planning, at Wells Fargo’s Wealth & Investment Management, said Friday that the winner should consider keeping a low profile and resist going on an eyebrow-raising spending spree that everyone knows the winner cannot afford.

“This is not the time to start calling everybody you know, saying, ‘Hey, I have a big secret. Can you keep it?’” Irwin said.

This is necessary to avoid being inundated with requests for money.

“There are scammers and others who follow big winners,” she said, admitting that sudden wealth can put a lottery winner in physical danger.

“Privacy equals safety,” she said.

One thing the winner must do immediately is sign the ticket. That’s because if the ticket hasn’t been signed then it really isn’t yours. If the winner loses an unsigned ticket and another person finds it and signs it, the ticket now belongs to them.

Irwin suggests a step further to survive a legal battle over ownership.

“Take a Polaroid of you holding it and (put) it in a safe deposit box or somewhere else safe,” she said.

Pratik Patel, the head of Family Wealth Strategies at BMO Family Office in Chicago, said the winner should work with a financial planner to map out their future.

“I would run a Monte Carlo market simulation,” Patel said, explaining that this is an analysis of what a winner’s annual income might be and what the proceeds from various investments might be. “What you’re doing is using analytics to inform your spending.”

Frizzi-Babb agrees that talking to a financial planner is a good idea.

“I would suggest that you do that before you even set foot in a lottery office,” she said.

One expert who has worked with past lottery winners, says the winners should avoid going to the lottery office altogether, instead sending an attorney or financial adviser to preserve their anonymity — if lottery officials allow.

“There are going to be people doing everything they can to figure out who the winner is,” said Kim Kamin, who was a trusts and estates attorney for 17 years and now teaches estate planning at Northwestern University’s law school. “There are going to be many eyes watching.”

There is also a question nobody wants to answer at that particular time: What happens to the money when you die?

Irwin said don’t leave this unanswered; you must take action to ensure the bulk of your estate goes to your beneficiaries rather than the government.

“You need a manager who specializes in this and understands this world,” said Patel. “Someone making $60,000 a year might need a certain type of professional manager and they may want to switch to someone who does ultra wealth.”

Whatever the winner does, it is important to do it slowly.

“You can absolutely indulge but let’s be smart about it,” Patel said. “It’s a lot of money but until you figure out what you can afford, there are still limitations.”

For example, he said, consider chartering a private jet before diving in and buying one.

“You may be interested in owning your favorite basketball team,” he warned, “but maybe that isn’t a good idea if it uses up all your money.”

KSL 5 TV Live

Top Stories

National News

The USS Harry S. Truman aircraft carrier arrives at the French Mediterranean port of Marseille in J...
Ellie Kaufman, CNN

US Navy recovers jet blown off aircraft carrier from bottom of ocean

A U.S. Navy team recovered a military jet from a depth of 9,500 feet in the Mediterranean Sea on August 3 after the aircraft had blown overboard during "unexpected heavy weather" in July, a release from U.S. Naval Forces Europe-Africa said.
1 day ago
Former U.S. President Donald Trump speaks during the Conservative Political Action Conference (CPAC...
ERIC TUCKER, Associated Press

Trump says FBI conducting search of Mar-a-Lago estate

Former President Donald Trump says the FBI is conducting a search of his Mar-a-Lago estate.
1 day ago
Olivia Newton-John and John Travolta attend the "Grease" 40th anniversary screening in August 2018 ...
Sandra Gonzalez, CNN

John Travolta pays tribute to Olivia Newton-John

Actor John Travolta, who co-starred with Olivia Newton-John in the hit movie musical "Grease," has posted a statement in tribute to the late singer.
1 day ago
FILE...
MICHAEL GOLDBERG, Associated Press/Report for America

Viral video of Mississippi arrest sparks investigation

An incident involving a white Mississippi Highway Patrol officer and three Black men is under investigation after a viral video showed the officer putting a handcuffed man into a chokehold and wrestling him into a ditch.
1 day ago
NEW YORK - NOVEMBER 14: Historian David McCullough poses for a picture at the History Makers Gala a...
Associated Press

David McCullough, Pulitzer-winning historian, dies at 89

David McCullough, the Pulitzer Prize-winning author whose lovingly crafted narratives on subjects ranging from the Brooklyn Bridge to Presidents John Adams and Harry Truman made him among the most popular and influential historians of his time, has died. He was 89.
1 day ago
Lexington Fire Department Search and Rescue team perform a targeted search on Highway 476 where thr...
SEUNG MIN KIM, CHRIS MEGERIAN and BRUCE SCHREINER, Associated Press

Biden surveys flood damage in Kentucky, pledges more US help

President Joe Biden and first lady Jill Biden are witnessing firsthand the damage from deadly and devastating storms that have resulted in the worst flooding in Kentucky’s history.
1 day ago

Sponsored Articles

tips how to quit smoking...

7 Tips How to Quit Smoking | Quitting Smoking Might be One of the Hardest Things You Ever Do but Here’s Where You Can Start

Quitting smoking cigarettes can be incredibly difficult. Here are 7 tips how to quit smoking to help you on your quitting journey.
Photo: Storyblocks...
Blue Stakes of Utah 811

Blue Stakes of Utah 811: 5 Reasons To Call 811 Before You Dig When Working in Your Yard

Call before you dig. Even at home, you could end up with serious injuries or broken utilities just because you didn't call Blue Stakes of Utah 811.
Days of...
Days of '47 Rodeo

TRIVIA: How well do you know your rodeo? Take this quiz before you go to the Days of ’47!

The Utah Days of ’47 Rodeo presented by Zions Bank is a one-of-a-kind Gold Medal Rodeo being held July 20-23, 25 at 7:30 PM. The Days of ’47 Rodeo How well do you know your rodeo trivia? Take the quiz to test your know-all before heading out to the Days of ’47 Rodeo at the […]
cyber security through multi factor authentication setup...
Les Olson IT

How multi factor authentication setup helps companies stay safe

Multi factor authentication (MFA) setup is an important security measure that every company should implement for their workers. It’s also wise to install it for your personal and home accounts.
...
Lighting Design

Check out these stunning lamps with stained glass shades

Lamps with stained glass shades are statement pieces that are more than simply aesthetic. They also meet a functional requirement: to light up a room.
Address Bar of internet browser shows internet access...
AARP Utah

Utah voters 50+ support increased access to Internet

The AARP surveyed Utah voters aged 50 plus about internet access and if they support the expansion of broadband, especially in rural areas currently lacking it.
Ticket bought in Illinois wins $1.337B Mega Millions jackpot