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America Has its First Billion Dollar Lottery Winner, Here’s Where the Ticket was Sold

That’s an obscene amount of money.

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Somewhere in the state of South Carolina is one of the most sought after individuals in the country, and no, they aren’t an actor, a politician — who wants those guys and gals? — nor anyone else of some sort of cultural significance.

It’s a regular person. A regular person who just so happens to be the first American billion dollar lottery winner.

So, if you want to be a billionaire, all you need to do is live in South Carolina and be in the possession of the winning Mega Millions ticket.

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Easy peasy lemon squeezy.

Only one ticket in the record-breaking $1.6 billion Mega Millions jackpot hit all the numbers in Tuesday’s drawing. The winner — still unknown and because of state law, can remain anonymous — took the largest single lottery prize in history anywhere in the world.

The U.S. lottery has topped $1 billion before. In 2016, the Powerball jackpot hit $1.5 billion, but three winners split the prize.

The winner can opt for a lump cash payment of $904 million or receive the $1.6 billion prize over 29 years. Assuming the winner takes the lump sum, he or she could owe more than $330 million in 2018 to the federal government, plus 7% to the state of South Carolina.

With the longer payout, the winner will have to make do with $53 million a year.

It seems to me that, in reality, the lottery is nothing more than a sneaky way to tax the snot out of someone at an unfathomably high rate. Perhaps that’s why a lot of fiscally conservative and responsible folk don’t actually play the lottery that often.

We already give enough dough to Uncle Sam. He’s getting a little fat around the waistline and really doesn’t need to be eating any more biscuits if you catch my drift.

Regardless, congratulations to the winner, whoever you are!

Source: Daily Wire

 

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