Topic: $1,080 Billion powerball lotto winner in the USA (Read 484 times)

The Mega Millions jackpot for today has also risen to $1.05 billion. This will be the 4th largest jackpot ever for Mega. However after deducting the taxes and others, the winner will only receive a fraction of this amount. This is how it works:

Total jackpot: $1,050 million
Lump Sum payment: $527.9 million
After Federal taxes (37%): $332.5 million
After state income tax (10.9% in New York): $275 million

That's odd because I seriously thought that there is only one lucky winner in this jackpot prize but the article you laid is saying the opposite thing. And so I checked the link and found out that it's a legitimate source because it's the Fox LA who published that article.

Well, let's see in the following days or weeks about what would be the development of this case because this will take time now as the authorities of powerball lotto will check it thoroughly if there are indeed more winner in their prize.

In a recent article that I've read, Nabor Herrera was already presented a million dollar check on July 19 and it was also said that the winner is not yet showing his/her shadow, and so it's not really clear if that woman in the video was really the winner or was it just a coincidence that is why the press thought that she was the poweball jackpot winner.

And here's what I found interesting because it looks like that there are more winners to this specific ticket;

Not only was the winning ticket sold in Los Angeles, but seven other winning tickets were sold in California matching five of the winning numbers. Those tickets were sold at the following locations:

Speedway: 14360 Francisquito Avenue, La Puente, CA 91746
7-Eleven: 2620 South Lake Boulevard, South Lake Tahoe, CA 96150
7-Eleven: 3555 West Temple Street, Los Angeles, CA 90004
7-Eleven: 1590 Franklin Street, Santa Clara, CA 95050
Safeway: 4950 Mission Street, San Francisco, CA 94112
Mobil: 17011 Lassen Street, Northridge, CA 91325
Steve's Liquors: 583 West Tennyson Road, Hayward, CA 94544

Source: https://www.foxla.com/news/powerball-jackpot-downtown-la-store-owner-reacts-to-selling-winning-ticket

Nabor Herrera is a man and has no relation to the woman who was filmed celebrating. The woman in the video has not been identified so it is not clear why she did this but it was the store owners who called her out as a fraud and said she was looking for attention.


It can be confusing but the way the OP wrote is is still correct. In some countries they use period and comma separators in the opposite way that you might be used to. Here is a Wikipedia article for reference. https://en.wikipedia.org/wiki/Decimal_separator

More and more people will believe that winning a lottery ticket is not impossible because some people have won it. And even though the news is fake, people still believe it because other places have also won it so they still buy the lottery ticket. With that low price, people hope they can win and always budget some money to buy lottery tickets. Buying a lottery ticket and winning it has become a dream for many people so they are still willing to buy the ticket.

Here is my conclusion: Miss. Nabor Herrera was not happy with the $1 million reward (she will get around half of that after deducting the federal and state income tax) and wanted the entire pie to her own. She was hoping that if by chance the real winner doesn't come up, then she can claim the win for herself. Everyone is talking about the other scenario, that she just want to get some media publicity. But personally I think there is more to it. She is trying to cheat Powerball and want to pocket the $1.080 billion reward using unfair means.

Nabor Herrera is actually the owner of Las Palmitas mini market, who sold the winning ticket to whoever. For selling the number the lottery will give you a million dollars, but I don't think that will be the only thing. From now on you will have more people going to buy because they will believe that buying lottery numbers there will bring them 'luck', which is rubbish, but buying lottery numbers is pretty rubbish as well, so a lot of lottery buyers have those behaviours.

Are we being played? I was previously not interested in this discussion, but after reading and reading that in fact there are those who lead to opinion there is another possibility that says that his victory was faked, just to seek popularity on social media, this irritates me if that is true, and yes indirectly it is public fraud, even though there is nothing to lose in this case, but that is if it is let there are how many more people will give fake confessions like that to gain popularity, this will be out of the ordinary, because today he is gaining popularity on social media.

But to conclude, I don't know which element to take because I haven't found any follow-up on this lottery winning case, that's a pretty amazing number and can change fate quickly, but I'm still blind to the results.

Or is there another possibility that this is a marketing strategy from a lottery provider? it seems that the news of this has made them always have a lot of orders.?

What sort of BS is going on with this one? At first a lady (Nabor Herrera from Los Angeles) came out on media and claimed that she had won the jackpot ($1,080 million) and then some of her own relatives clarified later that she had faked the win just to get a few social media likes. If what they are saying is true, then the fraudster should be arrested and prosecuted for lying. And in this case it's not just lying, but also a case of fraud. How do we know that she did this just to get social media likes? What if she was planning to steal the jackpot?

I dont believe its possible for any body in this time and age to buy a lottery ticket and throw it aside and possibly forget about it, even if the person is a multi millionaire already and seem to have  no need for money, why did he or she play the lottery in the first place? is it not because he or she is interested in winning?.
There have never been a time that i can remember that it is said that someone played the lottery and in totality forgot he or she played the lottery, and did not claim their winning until the specified time elapsed, if it was on record that this has happened before, then we can consider it possible to happen again.

Ha-ha, don't be so negative my friend, I believe that if we are to start searching, we will find lottery winners who are in today living a life not as bad as you described, yeah, majority of lottery winners do most times end up wasting their entire winning and return back to being poor, but I believe that somehow somewhere, there are some winners who are really living a good life courtesy of the money they won from the lottery and making good investments with it.
But then, if it really be true that every lottery winner ends as you claim, which I don't believe by the way, it simply means that there is something to that money won from the lottery that the ordinary eye can not see.

I feel like the worst kind of situation would be the winner not realizing they won, which is not really impossible  considering some people just buy it and throw it aside as well. In the end whoever won this, their life may change but not for the better.

If you have seen any study on the lottery winners, you will see that a lot of them end up being poor and even in worse situation than before because they make stupid decisions and that causes them to be not doing that great. They will have to be forced to get their name out eventually, but when it does, their life will be terrible. They will be more like begging family members and friends and all that together and that's going to change their life for the worse. This isn't a business person making 400 million, this is lottery. A lot of money is good, but a lot of money all at the same time is terrible.

Yes, I also saw this video on Instagram and I think it is stupid for someone to film this and then to post this on social media to get some "likes".... this action is putting someone's life in danger, because people will "kill" to get their hands on that kind of money.

This will be even more stupid if she faked this to get attention... because she will put her own life in danger by doing this. In any way.... good luck to the winner, it is life changing for her and all her family and friends. 

Look at how the store was also putting banner "billionaire made here"

https://www.wsj.com/video/powerball-ticket-sold-in-los-angeles-wins-1-billion-jackpot/E7F4D7DC-5D53-4623-B17B-FB8C6ACC25F2.html

I guess what? The popularity of the store was boosting a lot. Many people would always be buying lottery from that store. That's the main rule for winning the lottery. Never try to reveal your face in public and tell others if you have won lottery. She can hire an accountant to help her with it instead of claiming it by herself.

I can only hope that he will use all of money acquired by her after tax wisely. She may live in luxury after this.

The winner will have to pay tax on it, but the government has a vested interest in winning this lottery. Because Lottery Association statistics say only one person has a chance of winning the Powerball jackpot. And Edwin Castro is the super-lucky winner. Even if you say too much, it seems less. Also the reason for loss of confidence in lottery is that local people are suffering financially by falling into lottery trap. In this month-long fair, gambling called lottery is going on every day under the name of raffle draw.

Yeah, but perhaps it's normal when the winner finds out she's the lottery ticket winner, so she goes straight to the shop and shows her winning emotions. And she does need extra security to escort her from the house, pick up the money, deposit the money in the bank, and until she gets home again, no bad person will stalk her or do anything bad to her.

What is certain is that she still has more money even though she has to pay taxes which may not be small either. And that doesn't matter because she is now a rich woman around the people in his neighborhood.

$1.08 billion

You have it written in the description of the same Youtube video you link. Come on, edit the title.

Regarding the news, I am partly happy for her but partly cautious. First because she has shown her face to the cameras and second because it is too big an amount of money. Knowing that 70% of lottery winners end up bankrupt after a few years, I can fear that such an amount could drive people crazy.

The way you've written the amount makes it way too high to be true, I was thinking it is one thousand and eighty billion dollars which is unrealistic, and after reading some of the comments, I realized that what you were trying to write was one billion and 80 million, and you would right that either like this: $1.08b, or: $1,080m, because 1,000 million is equal to 1 billion, and you don't right billion after mentioning how many millions you are talking about.

Anyway, coming back to the lottery, it's actually a huge amount to be won in a lottery and only one out of a million users will be able to get that much I'm pretty sure, now, even if the winner pays a big chunk of it in taxes, she would still have a lot of money to live her live off of it or simply start businesses with it to enjoy the whole life in luxury.

Winning and paying the taxes is fine as long as you spend less compare to what you are winning and in this case, that’s still a hundred of millions which can totally change your life.

Why there’s no confirmation yet about the winners?
This can also be a good business since you also get a reward if your outlet produces the winners, will look into this opportunity in my place and see if its feasible to have such business.

That is true, even if they deduct such taxes, the winner still got a ton of money that will change her life.
Some won't officially disclose the identity of the winner to safeguard her privacy.
But if the winner herself is announcing it to the public, then, that's her problem when some of illegal actors will be after her.
She should have kept it secret, she has no money yet from those winnings. And yet, she's giving her face to the public.
I hope she won't face any trouble claiming her winnings if she's the real winner. Should try to be discreet as she has no idea how those scammers work out there.

^ Definitely right and in fact, it is unfortunate but not uncommon.
Lottery winnings are typically subject to hefty taxes, which can significantly reduce the final amount received by the winner. Opting for a lump sum payment can also result in a reduced amount, as it takes into account the present value of the prize and the taxes that need to be paid upfront. However, winning such a massive amount, even after taxes, would still be life-changing for the lucky individual. I will be keeping an eye out for the official announcement to see who the real winner is and how this amazing story unfolds.