UPDATE: An Arkansas resident has officially claimed the staggering $1.817 billion Powerball jackpot, opting for a one-time cash payment of $834.9 million before taxes. This monumental win, the second-largest in U.S. lottery history, was confirmed just moments ago by the Arkansas Scholarship Lottery.
The winning ticket was purchased at a Murphy USA convenience store located in Cabot, Arkansas. In a stunning twist, the winner has chosen to remain anonymous, leading to widespread speculation and excitement across the state.
Why This Matters NOW: This historic jackpot has sparked significant interest, accumulating over 47 consecutive drawings and generating more than $15 million in ticket sales in Arkansas alone. Retailers across the state are set to benefit, with nearly $750,000 in commissions paid out, and the Murphy USA store receiving a $50,000 commission check.
In a statement, Arkansas Scholarship Lottery Executive Director Sharon Strong expressed her enthusiasm:
“Everyone was anxiously waiting for the winner to step forward, but we are happy they took the time to seek legal counsel and financial advice first, as we recommended. We are thrilled that the winner is from Arkansas.”
Strong emphasized the positive impact this jackpot will have on the state, reinforcing the mission to raise funds for in-state scholarships.
The winning numbers drawn on Christmas Eve were 4, 25, 31, 52, and 59, with the red Powerball being 19 and a Power Play of 2X. The odds of winning this life-changing prize are an astonishing 1 in 292.2 million.
If the winner had opted for the annuity option, they would have received an initial payment followed by 29 annual payments that increase by 5% each year. As excitement builds, the implications of this monumental win extend beyond the individual, promising a wave of benefits for local businesses and communities.
Stay tuned for updates on this developing story as more details emerge about the winner and the far-reaching effects of this record-breaking jackpot. This is a moment that will resonate throughout Arkansas and beyond.
