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What's Next for the Powerball Winner?

6:17 PM, Sep 19, 2013   |    comments
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Columbia, SC (WLTX) -- How quickly things move for the winner of the $400 million dollar Powerball jackpot is really up to that person, says SC Education Lottery Executive Director Paula Harper Bethea.

Thursday, we learned that the winner of the drawing bought their ticket at the Murphys Oil USA on Augusta Road in Lexington. Previous Coverage: Winning Powerball Ticket Sold in Lexington

Bethea says the ticket holder has 180 days to come forward.

"It's not complicated from this point forward. It's just kind of a wait because now they're in total control. The person who has that ticket is on control of that ticket. They can decide when they want to come, and how they want to come and who they want to call but they do have to present in person," said Bethea.

She says the ticket holder can choose to remain anonymous, but will have to appear in person at the claims center and have their identity and ticket verified.

The winner will also have to declare if they want to take the annuity or the cash payout at that time.

After that, Bethea says the winner will have some documents to complete and two weeks later the money will be wired into an account.

"We have encouraged whoever is holding the ticket to sign the back of the ticket, put it in a secure place, and then seek council either from a CPA, or an attorney or financial advisor because this amount of money is life altering," said Bethea.

 

 

 

 

 

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