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Finally! Owners of Chino Hills Powerball ticket claims share of $1.6 billion

Finally! Owners of Chino Hills Powerball ticket claims share of $1.6 billion

Postby smix » Tue Jul 19, 2016 6:08 pm

Finally! Owners of Chino Hills Powerball ticket claims share of $1.6 billion
Los Angeles Times

URL: Finally! Owners of Chino Hills Powerball ticket claims share of $1.6 billion
Category: Lottery
Published: July 19, 2016

Description: The owners of the Chino Hills Powerball ticket that will share a third of the record $1.6-billion jackpot won in January have finally come forward, California Lottery officials announced Tuesday. Marvin and Mae Acosta, who requested that their hometown not be identified, walked into the lottery’s Van Nuys office Friday with the ticket worth $528.8 million, their share of the massive Jan. 12 prize, officials said. The couple opted to take the jackpot’s lump-sum payment, valued at $327.8 million before federal taxes. The family released a statement to lottery officials and requested privacy: “We are thankful and blessed for the rare gift that has been placed in our care. We have engaged a team of advisors to educate and guide us through this process so that we can be good stewards of these new resources. While many decisions are still to be made, we have committed nearly all of this new resource to a Trust and to charities that are important to us. While we are very grateful for the wonderful wishes and encouragement we’ve received, it is not our intention to become public figures, and we ask for and appreciate privacy going forward. Thank you.” Speculation surrounded the identity of the Chino Hills ticket owner for months. The January jackpot was the biggest in U.S. lottery history, and the two other winners, from Tennessee and Florida, came forwarded within days of the drawing. A Pomona nurse mistakenly believed she owned the winning ticket after her son pulled a prank on her. But the Acostas opted to stay silent until they got their affairs in order, said lottery spokesman Alex Traverso. “They did all the stuff we hoped they would… they got a lawyer, made a plan, got everything squared away so they could get their claim and sort of disappear,” he said. “They’re going to fall off the grid. That’s going to be an interesting challenge.” The 7-Eleven that sold the winning ticket received the maximum award of $1 million.
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