Colorado Powerball ticket worth $2 million remains unclaimed

thesun.co.uk

Lottery officials in Colorado are urging Powerball players to check their tickets. A winning ticket worth $2 million has not been claimed since the draw on March 19. The ticket was sold at a gas station, and the owner matched five numbers. They were just one number away from winning the jackpot of $418 million. This large prize is possible because the player chose the Power Play option, which costs an extra dollar. This option can multiply non-jackpot prizes. On March 19, winners could double their winnings with Power Play. The winner has 180 days to claim the prize. If they do not, the money will go to a fund for wildlife improvements in Colorado. Currently, the Powerball jackpot has rolled over to an estimated $461 million after no winners emerged in the last draws on March 19 and March 22. The next Powerball draw is scheduled for Monday night. Earlier this year, one ticket from Oregon won a jackpot of $328.5 million. Lottery players have options on how to receive their winnings. They can choose a lump sum or an annuity. A lump sum pays a smaller amount upfront, while an annuity spreads payments over 30 years. Each choice has tax implications, and players should consider inflation effects on their decision. Checking state rules and consulting with a financial advisor may help players make the best choice.


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