48 Co-workers Scoop $172.7 million Powerball Jackpot
After almost a month of the Powerball jackpot failing to pay out 48 co-workers from Pennsylvania have managed to match the winning combination to scoop the $172.7 million jackpot. The co-workers who work for the South Eastern Pennsylvania transport authority pooled together to buy Powerball tickets for the mid-week draw. The South Eastern Pennsylvania transport authority have said that its employees wish to remain anonymous at the moment whilst they decide if they want to go public with their Powerball jackpot win.
The Powerball prize has an annuity value of $172.7 million paid in yearly payments or the winners can opt for a cash lump sum of $107.5 which will work out at $2.2 million each before taxes. The South Eastern Pennsylvania transport authority stated that “SEPTA is extremely pleased to see this group of dedicated employees share in this good fortune.” The group of co-workers are believed to consist of administration and management level employees. The co-workers bought the jackpot winning ticket from The Newsstand at The Gallery, a Pennsylvania Lottery retailer which will receive a $100,000 bonus for selling the Powerball winning ticket. It yet remains to be seen whether the co-workers will go public with their huge win after matching the winning Powerball results.
To date 2012 has been proved to be a good year for Powerball players with over $708 million being paid out in jackpot prizes to East coast winners. Saturday’s Powerball jackpot will now go back to basics meaning that the jackpot is now worth an estimated $40 million. You can take a look at the full prize breakdown of the mid-week Powerball results here at Lottery.net.
22nd November 2012, 9:56 AM
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