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Who Is The Lucky Winner In Puerto Rico Of $2 Million In Saturday’s Powerball Drawing?

LIFE-CHANGING EXPERIENCE: Marie Holmes of North Carolina, a 26-year-old unemployed mother of four children shared in a $546.1 million Powerball jackpot in February of 2015.

SAN JUAN — In cash-strapped Puerto Rico where the exodus of people due to worsening economic conditions has been well-documented by most of the national news media — one lucky person is bucking that trend — the fast way … with a winning ticket in last night’s Powerball drawing.

That’s because player in Puerto Rico matched five of six of Saturday’s Powerball winning numbers of 5, 9, 17, 37 and 64 with the Power Ball of 2.

The Puerto Rico winner elected to pay an extra dollar for the tickets that cost $2 each to play. So for a total investment of $3, the new San Juan “King” or “Queen” earned a cool $2 million (less federal taxes).

But the winner from Puerto Rico will likely pay significantly lower taxes than the winners from the U.S. mainland such as the person from Missouri who won only $1 million last night because they did not elect to pay for the Powerplay function of the ticket.

The unknown factor is whether the winnings from a ticket sold in Puerto Rico are considered a Commonwealth source of income. If so, the winnings might not be subject to U.S. federal income taxes.

The IRS needs to weigh in but could not immediately be reached for comment.

The estimated jackpot from last night’s drawing was $238,800,000 ($173,300,000 cash) but no one won it, according to the Multi-State Lottery Association (MUSL) which says it is a “non-profit, government-benefit association” operating the Powerball lottery.

On February 28, 2015, one player in St. Croix and one player in Puerto Rico matched five numbers in Powerball, with a multiplier of 2X and won $2 million each.

At that time, the winning numbers were: 11,17,25, 28 and 46 and the Powerball number was 12.

No one matched Friday’s winning Mega Millions numbers of 32, 39, 51, 62 and 75 with the Mega Ball of 14, so the jackpot for Tuesday’s drawing has moved up to $38 million ($22 million cash option).

To read more by John McCarthy please click on the link below:

https://www.highbeam.com/doc/1P2-37719625.html

And for reactions to previous Puerto Rican winners of Powerball:

http://www.latinorebels.com/2015/02/13/how-a-silly-story-about-puerto-ricos-powerball-winner-became-our-most-popular-story-ever/

 

 

 

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The Author

John McCarthy

John McCarthy

John McCarthy has been reporting on the U.S. Virgin Islands since 1989. He is originally from Detroit, Michigan.

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