$1 Billion Lottery Prize Ticket Was Sold in Michigan – The New York Times

Michigan law needs that winners of video games played throughout states, such as Mega Millions and Powerball, be openly recognized, said Jake Harris, a spokesman for the state lottery.The winner can pick to gather the prize through an initial payment and then annual payments for 29 years, or receive a one-time money payment of about $739 million. In that case, the winner would get about $530 million, after taxes, state lottery game officials said.If the winner picked a yearly payout, the preliminary payment would be about $11.3 million after taxes, with payments increasing 5 percent every year. It was divided amongst 3 ticket winners in California, Florida and Tennessee.A sticking around mythology holds that the winners of huge prizes end up being cursed after their strokes of excellent fortune.

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