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Lucky Powerball Player Wins Lottery With Huge 8 Million Jackpot In Georgia
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Lucky Powerball Player Wins Lottery With Huge $478 Million Jackpot In Georgia

A Georgia Powerball player is the lucky winner of a whopping $478 million jackpot.

The Georgia Lottery confirmed that an unknown Powerball player in the Peach State had all the winning numbers drawn on October 23.

The winning numbers were 2, 15, 27, 29, 39 and red Powerball 20.

Lottery officials announced that the winning ticket was purchased in Buford, but they did not reveal the exact location of the purchase.

The winning Powerball player is the first Georgian lottery jackpot winner in almost a decade.

Lucky Powerball Player Wins Lottery With Huge 8 Million Jackpot In Georgia

An unknown Georgia Powerball player won the $478 million jackpot on October 23

Like all Powerball players, the Georgia winner had to select five numbers between one and 69 and a Powerball number from one to 26.

Powerball players can also play on the Georgia Lottery website and can choose their numbers at random if they select Quik Pik.

All Georgia participants have the opportunity to increase their potential prizes for $1 or more per game by selecting the Power Play option.

The Power Play option typically increases winnings for all non-jackpot prizes.

However, under Georgia’s Powerball rules, a winner of all five white balls automatically wins $2 million on Power Play, even if the red Powerball number is not the winning number.

The Georgia Lottery confirmed that the unknown winner had a 2X Power Play.

Unfortunately, because the winner’s base number was the jackpot, the Power Play was not applied to the winnings.

Their odds of taking home the top prize were one in 292,201,338 – very different from other potential Georgia Powerball winners.

(Stock image only) The Georgia Lottery has confirmed that the winner purchased their ticket in Buford, but the exact retail location has not been revealed

(Stock image only) The Georgia Lottery has confirmed that the winner purchased their ticket in Buford, but the exact retail location has not been revealed

The lucky Powerball winner’s ticket is valid for 180 days after the draw date.

Lottery officials require winners of a prize of more than $600 in Georgia to claim the prizes at its headquarters in Atlanta or other district offices.

Winners of jackpots above $250,000 have the option to keep their names anonymous.

The winner could take home the $478 million paid out over the next 29 years, or a lump sum of about $230 million.

Regardless of the decision, the Georgia Powerball winner will generally be paid and electronically deposited into his/her bank account within five to 10 business days of the date of claim.

According to the Georgia Lottery website, the total jackpot will likely decrease after the government applies state withholdings and state and federal income taxes.

The lucky Powerball winner's ticket is valid for 180 days after the draw date

The lucky Powerball winner’s ticket is valid for 180 days after the draw date

After collecting the prizes, the state of Georgia will apply its 5.39 percent state income tax and a 24 percent federal income tax to the jackpot.

The Georgia Lottery Corporation will also audit and take away funds for outstanding child support payments for prizes starting at $2,500, and student loan and state taxes for winners who take home $5,000 or more in the lottery.

These taxes also apply to annuity payments, but winnings will increase by five percent each year, according to the Powerball website.

If the Georgia winner does not claim the $478 million jackpot by the deadline, money will be donated to help fund the HOPE and Pre-K programs.

The lottery will also donate $200,000 of the proceeds to the Georgia Department of Behavioral Health and Developmental Disabilities for gambling addiction education and treatment programs.