US EditionCan You Remain Anonymous if You Win the $1.8B Powerball Jackpot?
Eighteen U.S. states allow lottery winners to keep their identities private, with some states imposing conditions based on prize amounts, aiding winners' privacy management.
- The upcoming Powerball drawing, featuring a $1.8 billion jackpot, is scheduled for the evening of Saturday, September 6, shortly after 11 p.m. Eastern Time.
- Lottery rules have evolved so that winners in 18 states can claim prizes anonymously to protect their privacy and prevent fraud.
- Winners must be at least 18, except in Arizona or Nebraska, where the minimum age is higher, and tickets cost $2 each to enter.
- The $826.4 million cash option faces a mandatory 24% federal tax withholding, reducing the payout by approximately $198.3 million before any state taxes.
- The ability to remain anonymous and the significant tax implications highlight the complex decisions jackpot winners face after claiming large prizes.
16 Articles
16 Articles
Someone could win $1.8B Powerball jackpot Saturday. Odds are their identity will remain a mystery.
After Iowa gas station employee Timothy Schultz won a $29 million lottery jackpot in 1999, he decided to hold a press conference. Lottery officials told him it would help him avoid being “hounded by media” since state law required his name to be disclosed anyway. But the then-21-year-old soon felt the consequences of his overnight fame. He felt like a “deer in headlights,” and his life immediately changed: Strangers regularly asked him for autog…
Associated Press News
Someone could win $1.8B Powerball jackpot Saturday. Odds are their identity will remain a mystery
If someone wins the $1.8 billion Powerball jackpot there’s a good chance the public will find out little or nothing about the person.
Can you remain anonymous if you win the $1.8B Powerball jackpot?
(NEXSTAR) — The Powerball jackpot is colossal, coming in at an estimated $1.8 billion after no ticket was able to match the numbers drawn Wednesday night. At its current size, the jackpot ranks as the second-largest in U.S. history, and that includes the massive Mega Millions jackpots that have also been won in recent years. You wouldn't be an instant billionaire, unfortunately, but you would be faced with some serious decisions. Aside from sele…
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