Chino Hills Powerball Winners Come ForwardWednesday July 20th 2016
The third and final winners of Powerball’s record $1.58 billion jackpot have come forward to collect their prize. Marvin and Mae Acosta of California bought their winning ticket in Chino Hills and successfully matched all five main numbers and the Powerball on January 13th of this year, but deliberately delayed claiming their record-breaking reward while they sought financial advice.
Their six-month wait has allowed them to carefully plan how their new found wealth will be spent, as they confirmed in a statement: “While many decisions are still to be made, we have committed nearly all of this new resource to a Trust and to charities that are important to us." Because the Acostas live in a state where all lottery winners must reveal their identities, they did eventually have to identify themselves. The lucky couple have opted to remain as private as possible, choosing to shy away from interviews or photo opportunities, saying that "while we are very grateful for the wonderful wishes and encouragement we've received, it is not our intention to become public figures, and we ask for and appreciate privacy going forward."
The couple’s decision to hold off claiming their prize straight away and seek financial advice is one that has received plaudits from California Lottery Director Hugo Lopez. In a statement released by the organisation, Mr. Lopez said: "It may have taken six months for them to come to one of our offices, but these winners did just what we tell all our winners to do — they read our Winner's Handbook and then assembled a team of legal and financial advisors to help them make the most of this windfall and prepare them for their new life as Lottery winners. We couldn't be happier for them and are thrilled they took the time to assemble the right team before coming in to claim."
Mr. and Mrs. Acosta, who opted to take the cash option of $327.8 million, now join John and Lisa Robinson of Munford, Tennessee and Maureen Smith and David Kaltschmidt of Melbourne Beach, Florida, in collecting a share of the largest lottery prize in history. The 7-Eleven in Chino Hills that sold the couple their winning ticket also received a bonus of $1 million.
If you’d like to join the Acostas in securing an incredible Powerball prize, this evening’s jackpot is estimated to be a mammoth $361 million. To be in with a chance of claiming this robust reward, Powerball tickets can be purchased from any authorized retailer in participating states and jurisdictions. Best of luck!