Current:Home > FinanceLargest scratch off prize winner in Massachusetts Lottery history wins $25 million -Pinnacle Profit Strategies
Largest scratch off prize winner in Massachusetts Lottery history wins $25 million
View
Date:2025-04-12 15:17:16
An unknown individual won $25 million from the Massachusetts State Lottery's $50 "Billion Dollar Extravaganza" instant game Tuesday. This is the largest scratch-off prize winner in Massachusetts state lottery history.
The Billion Dollar Extravaganza scratch-off game was released in February and has sold over 12.6 million tickets, as reported by the lottery.
Simmons & Schiavo Lottery Trust 2023-28 of Woburn claimed the $25 million grand prize on behalf of the ticket holder. Trustee Marco Schiavo represented the winner Tuesday and decided to take the cash option and receive a lump-sum payment of $16,250,000 before taxes.
"My client plans to use some of their winnings to purchase real estate and invest," Schiavo said.
The winning ticket was purchased at Speedway in Somerville. The store's owner received a $ 50,000 bonus commission from the lottery.
Two additional top prizes of $25 million remain in the " Billion Dollar Extravaganza " game, giving hopefuls one more opportunity to win a top prize. All five second-tier prizes of $2 million are still available to be won, as are eight out of 15 third-tier prizes of $1 million.
In addition, the $50 game offers ten second chance drawings, allowing players to submit non-winning tickets for a chance to win prizes ranging from $100 to $50,000. As of now, four drawings have already occurred.
Your chances of winning the "Billion Dollar Extravaganza" prize are 1 in 4.1.
More winnings:Two men claim $1M Powerball, Mega Millon jackpot prizes
veryGood! (4)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Arkansas State Police probe death of woman found after officer
- Stamford Road collision sends motorcyclist flying; driver arrested
- Trump issues order to ban transgender troops from serving openly in the military
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Grammy nominee Teddy Swims on love, growth and embracing change
- All That You Wanted to Know About She’s All That
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Highlights from Trump’s interview with Time magazine
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Federal hiring is about to get the Trump treatment
- Current, future North Carolina governor’s challenge of power
- Travis Hunter, the 2
Recommendation
Biden administration makes final diplomatic push for stability across a turbulent Mideast
The Grammy nominee you need to hear: Esperanza Spalding
Former Syrian official arrested in California who oversaw prison charged with torture
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
What do we know about the mysterious drones reported flying over New Jersey?
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Moving abroad can be expensive: These 5 countries will 'pay' you to move there
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone