4 months later, mystery and rumors surround Mega Millions $1.five billion jackpot
Four months after South Carolina’s first Mega Millions jackpot win, the staggering $1.five billion prize stays unclaimed.
That leaves two months till the six-month time limit to money within the profitable lottery price tag — and extra time to invest on what is taking the individual goodbye to assemble their winnings.
The profitable price tag for the Oct. 23 drawing was once bought at Simpsonville’s KC Mart #7, and indicators within the retailer window proclaim, “We sold a Mega Millions ticket worth… $1.5 billion.”
Still, mystery surrounds the unclaimed jackpot as the benefit retailer and state officers wait for the winner to come back ahead.
“It wasn’t me,” Ray Black stated with amusing as he checked the numbers on a lottery price tag lately on the KC Mart #7.
Missing out on thousands and thousands
The holder of the profitable price tag may just’ve amassed thousands and thousands of greenbacks in pastime during the last 4 months.
Hans Blake, fundamental proprietor of Intelligent Investing, did the mathematics and calculated that if the winner had taken the $878 million presented as a lump-sum fee again in October and deposited it in a financial savings account with an rate of interest of two %, the cash would have grown through about $five.eight million during the last 4 months.
And, Blake stated, making an investment within the inventory marketplace at a 7-percent fee of go back would have generated an extra $20 million or so during the last 4 months.
But, howdy, what is a few million you probably have a $1.five billion price tag?
With the jackpot proceeding to head unclaimed, KC Mart #7 homeowners and the state of South Carolina additionally cannot money in.
The winner would pay about $60 million in state source of revenue taxes.
KC Mart #7 additionally cannot declare their percentage of the winnings, round $50,000 sooner than taxes, retailer supervisor Gee Patel stated.
If the jackpot is not claimed, the cash is going again to the states that contributed to the jackpot. The quantity is in line with price tag gross sales. South Carolina’s percentage can be about $11.2 million, South Carolina Education Lottery spokeswoman Holli Armstrong stated.
Who is SC’s Mega Millions winner?
Patel stated that the fortunate price tag has persisted to usher in shoppers hoping that lottery lightning will strike two times.
They purchase “everything” lottery-related, Patel stated.
Many shoppers ask Patel if he is aware of who the winner is, however he’s simply as curious as they’re. And he does have a principle as to why the ticket-holder has but to assert the cash.
“Maybe they are putting everything in order, you know,” Patel stated.
Kent Early was once buying scratch-offs on a contemporary afternoon at KC Mart #7. He stated he every so often buys tickets for the weekly drawings.
“Every once in a while, on a night that I know they’re fixing to draw, if I remember, and it’s convenient, and I’m passing by, I’ll stop by and pick a couple of numbers for either the Powerball or the Mega Millions,” Early stated.
Rumors concerning the winner have flown round the city because the drawing. Early stated he heard that “it was the guy in Fountain Inn or the guy in Gray Court or the guy here or there… but nobody knows.”
Dale Parker stated he additionally heard the rumors again in October, however the individual’s identification remains to be a mystery.
Parker does not play the lottery, however “I wish I’d played it that day,” he stated.