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Unclaimed $100 Million Powerball Jackpot Puts Spotlight on Winners’ Money Management

The Lott’s annual report shows more than half of division one winners invest their windfalls for the future

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Overview

  • The $100 million Powerball prize from the June 12 draw remains unclaimed after more than two weeks, prompting The Lott to renew its plea to the mystery ticket holder.
  • Division one winning odds stand at one in 134,490,400, highlighting the extreme rarity of such jackpots.
  • The Lott’s 2024 Annual Winners Report reveals that over 50% of division one winners channel their prize money into investments.
  • According to the report, 38% of winners help family and friends, 33% buy new cars, 19% purchase homes and 17% donate to charity.
  • Lottery winners advise newcomers to handle windfalls with caution by planning spending, keeping their circle small and avoiding hasty decisions.