COLUMBIA, SC (August 20, 2009) – What does the $259.9 Powerball Jackpot mean to South Carolina? The topic has people talking.
Murphy USA #7057, at 7530 Garners Ferry Road in Columbia, sold the lucky ticket, but no one has come forward yet to claim the top prize. The winner has 180 days from the date of the drawing (August 19) to claim the jackpot.
So what is the significance of this huge jackpot win for the State of South Carolina? The ticket holder has the option of taking a one-time lump sum payment of $129 million or an annuity worth $259.9 million paid out in 29 yearly installments. State taxes will be withheld, injecting 7 percent back into the state’s economy. Twenty-five percent federal taxes apply. When the Powerball® jackpot is claimed, Murphy USA #7057 will receive a bonus of $50,000.
The excitement surrounding South Carolina’s largest Powerball® jackpot win is an appropriate time to celebrate the many educational opportunities funded with lottery dollars. On August 13, 2009, SCEL transferred its TWO BILLIONTH DOLLAR to the Education Lottery Account (ELA) since 2002. Lottery proceeds have funded more than 700,000 scholarships and grants for South Carolina’s students through academic year 2008-09. Since the start of the Lottery through 2010, the General Assembly has appropriated more than $1.66 billion in lottery dollars for higher education programs, $549 million towards K-12 education programs, and $56 million for community education programs. Total appropriations from the ELA are an impressive $2.2 BILLION through June 30, 2010!
While the Powerball® jackpot often gets the most attention, 56,431 tickets purchased in South Carolina won prizes of $3 up to the $259.9 million top prize. Sign and check your tickets carefully. The winning white ball numbers were 14, 24, 31, 43, and 51. The red Powerball® was 27 and the PowerPlay® multiplier was 5.
This is a very exciting time for the Lottery and our state, but the South Carolina Education Lottery would like to stress, as we always do, the importance of playing responsibly.
Murphy USA #7057, at 7530 Garners Ferry Road in Columbia, sold the lucky ticket, but no one has come forward yet to claim the top prize. The winner has 180 days from the date of the drawing (August 19) to claim the jackpot.
So what is the significance of this huge jackpot win for the State of South Carolina? The ticket holder has the option of taking a one-time lump sum payment of $129 million or an annuity worth $259.9 million paid out in 29 yearly installments. State taxes will be withheld, injecting 7 percent back into the state’s economy. Twenty-five percent federal taxes apply. When the Powerball® jackpot is claimed, Murphy USA #7057 will receive a bonus of $50,000.
The excitement surrounding South Carolina’s largest Powerball® jackpot win is an appropriate time to celebrate the many educational opportunities funded with lottery dollars. On August 13, 2009, SCEL transferred its TWO BILLIONTH DOLLAR to the Education Lottery Account (ELA) since 2002. Lottery proceeds have funded more than 700,000 scholarships and grants for South Carolina’s students through academic year 2008-09. Since the start of the Lottery through 2010, the General Assembly has appropriated more than $1.66 billion in lottery dollars for higher education programs, $549 million towards K-12 education programs, and $56 million for community education programs. Total appropriations from the ELA are an impressive $2.2 BILLION through June 30, 2010!
While the Powerball® jackpot often gets the most attention, 56,431 tickets purchased in South Carolina won prizes of $3 up to the $259.9 million top prize. Sign and check your tickets carefully. The winning white ball numbers were 14, 24, 31, 43, and 51. The red Powerball® was 27 and the PowerPlay® multiplier was 5.
This is a very exciting time for the Lottery and our state, but the South Carolina Education Lottery would like to stress, as we always do, the importance of playing responsibly.
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