Can you imagine a situation in which you win a jackpot but do not want to take your prize? Actually, no. Such a situation is difficult to believe or imagine. When you play your favorite casino, such as GGBet casino, you will certainly know that you have won, and you will easily withdraw the money. But the situation that happened in New Jersey is really strange.
A Mysterious Winning
In March, someone in New Jersey won a $1.13 billion Mega Millions jackpot, but the prize remains unclaimed, according to state lottery officials. This situation raises the unsettling possibility that the winner might be unaware of their massive fortune. However, there is also a version that the unknown winner could be prepared by assembling a team of lawyers and financial advisers to manage the sudden wealth.
Alternatively, they might be wary of the “lottery curse” and think a billion dollars could bring more trouble than it’s worth. Or perhaps they simply misplaced the ticket.
The time is running
The good news is that this New Jersey resident, who defied odds of 1 in 302,575,350, still has eight months left to claim the ninth largest prize in US lottery history before the 12-month deadline expires.
To put the odds into perspective, the chance of being struck by lightning in your lifetime is about 1 in 1.5 million. If you bought 200 tickets for the Mega Millions draw, your odds of winning would be roughly the same as being struck by lightning.
Another piece of good news: New Jersey law allows lottery winners to remain anonymous. Thanks to a law passed in 2020, winners no longer have to appear in front of cameras with oversized checks.
Many other states require jackpot winners to participate in publicity, exposing them to potential scammers and freeloaders, but not New Jersey.
If the winner is hesitant to come forward, they might consider advice from Jason Kurland, a former prominent “lottery lawyer” who represented many of the biggest jackpot winners, including the anonymous South Carolina winner of the $1.5 billion Mega Millions jackpot in 2018.
In 2020, Kurland advised winners to “keep your mouth shut and call a lawyer.” He cautioned against publicizing the win, noting that revealing your identity can attract unwanted attention from distant relatives and dubious charities.
Although Kurland is now serving time in federal prison for defrauding lottery winners out of $107 million, his advice remains sound: be cautious and discreet.
The perspectives around
The winner can choose between a one-time cash payment of $537.5 million or the full prize amount distributed through 29 annual payments, increasing by about 5% each year, before federal and state taxes.
If the winner never comes forward, the jackpot will be redistributed among the 45 states that contributed to the prize pool. More than two months have passed since the ticket was bought (March 26), and still, in July, nobody has claimed it. It would be exciting to know the winner’s identity and watch at least their reaction.