California’s newest lottery millionaires purchased their winning scratchers at various convenience stores across the state. The recent lottery millionaires include winners of the $2.04 billion jackpot in Altadena and the $1.765 billion Powerball jackpot sold at a liquor store in Frazier Park.
Details on Major Wins
The $1.765 billion Powerball ticket strikingly came from a liquor store in Frazier Park, establishing itself as one of the monumental wins last year. Carolyn Becker, a representative from California’s state lottery, remarked, This is our third billion-dollar Powerball jackpot in the span of a year here in California.
Importance of Taxes
A substantial portion of these winnings will go towards taxes as California withholds 24% for federal and 24% for state taxes. This means that while the payouts are significant, winners should be prepared to part with a notable chunk for tax obligations.
Popular Spots for Winning Tickets
Convenience stores continue to be popular spots where California’s latest winners purchase their tickets. It emphasizes how common places become extraordinary when luck strikes there.
From data collected, it was found each American spends an average of $206.69 on lottery tickets per year which provides insight into general spending behavior and potential winning odds. The accessible nature of these stores underscores their significance in transforming everyday shoppers into millionaires.
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