this post was submitted on 09 Apr 2024
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A person with a ticket matching all six Powerball numbers in Saturday’s $1.3 billion jackpot came forward Monday to claim the prize, Oregon officials said.

The lottery ticket was purchased at a Plaid Pantry convenience store in the northeast part of the city, Oregon Lottery said in a statement.

Oregon Lottery is working with the person in a process that involves security measures and vetting that will take time before a winner is announced.

“This is an unprecedented jackpot win for Oregon Lottery,” Oregon Lottery Director Mike Wells said in the statement. “We’re taking every precaution to verify the winner before awarding the prize money.”

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[–] Evilcoleslaw@lemmy.world 51 points 7 months ago (64 children)

I think that's actually a pretty bad sign for the person that won, to show up the first day possible to claim it. It seems like it would be much more prudent to get some legal and financial advice beforehand. Like if I won I have zero idea how to handle that kind of money on even the most basic logistical level. Hopefully it doesn't ruin their life.

[–] FlyingSquid@lemmy.world 34 points 7 months ago (50 children)

There is a lot of evidence to show that lottery winners have no idea how to handle that kind of money and don't seek advice about it.

This person hanged themselves after blowing through all of their lottery money- https://www.theglobeandmail.com/news/national/lottery-winner-hangs-self-7-years-after-collecting-win/article4121212/

This person defaulted on a loan because they wanted more than the annual amount but didn't opt for the lump sum and ended up in massive debt- http://usatoday30.usatoday.com/news/offbeat/2004-05-03-lottery-winner_x.htm

This guy ended up working at his old McDonalds job a year later- http://www.telegraph.co.uk/news/uknews/1582719/Lottery-millionaire-back-working-at-McDonalds.html

Here's many more stores- https://www.gobankingrates.com/net-worth/bankruptcy/lottery-winners-who-lost-millions/

The lottery is a tax on the poor, who are sold the hardest on it. Players have virtually no chance of winning, meaning that most of the people who play have a basic lack of understanding of how to manage their money.

[–] state_electrician@discuss.tchncs.de 27 points 7 months ago (47 children)

The perception is wildly skewed here because you never hear from the ones who use the money responsibly to buy a home, settle debt, etc. and just live an easier life. Sure, winning the lottery should not be your only option to ever achieve anything. I just don't think that lottery winners in general have a huge problem.

[–] Liz@midwest.social 2 points 7 months ago

Nah there's statistics on it. A huge fraction end up broke. I'm too lazy to dig them up, but you can find numbers on it. In any case, it's not a actually limited to people who but lotto tickets. Humans are generally bad at handling massive windfalls.

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