Man In Ariz. Claims Half Of Powerball Jackpot

Man in Ariz. claims half of Powerball jackpot Associated Press Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Updated 1:21 a.m., Saturday, December 8, 2012 A man who lottery officials announced Friday has claimed his half of the $587.5 million Powerball jackpot, decided to collect the winnings now and not next year because of the financial uncertainty posed by the nation's ongoing financial impasse. After the man and his wife learned of their good fortune, the husband pulled together a team of financial advisers and decided to take all of his share this month to avoid potentially higher taxes in 2013, said Karen Bach, a lottery official. Bach said the man is smart and wants to take time to make a solid financial plan and set up a charitable entity to aid causes that he and his wife support. In a Mega Millions drawing in March, three ticket buyers shared a $656 million jackpot, the largest lottery payout of all time.

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  • Man in Ariz. claims half of Powerball jackpot
    A man who lottery officials announced Friday has claimed his half of the $587.5 million Powerball jackpot, decided to collect the winnings now and not next year because of the financial uncertainty posed by the nation's ongoing financial impasse.
    12/8/2012 - 4:14 am | View Link
  • Man In Ariz. Claims Half Of Powerball Jackpot
    PHOENIX (AP) — Fallout from the looming fiscal cliff has drifted into the Powerball arena. A man who lottery officials announced Friday has claimed his half of the $587.5 million Powerball jackpot, decided to collect the winnings now and not next year ...
    12/7/2012 - 3:31 pm | View Link
  • Arizona Powerball winner is man in 30s: lottery officials
    PHOENIX — The second Powerball winner in last week's $577.5 million drawing is a married man in his 30s from Fountain Hills, Ariz., lottery officials said Friday. The man bought one of two tickets in the drawing, but he isn't stepping into the spotlight ...
    12/7/2012 - 5:04 am | View Link
  • Man in 30s is 2nd winner of U.S. Powerball prize
    PHOENIX -- Lottery officials announced Friday that a married man in his 30s from a wealthy Phoenix suburb has claimed his half of the $587.5 million Powerball jackpot, deciding to collect the winnings now and not next year because of the looming U.S ...
    12/6/2012 - 3:56 pm | View Link
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    12/2/2012 - 11:00 am | View Link
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