Anyone who hits a jackpot worth millions is expected to be splurging on luxury housing, flashy cars, and holidays, but things don't work that smoothly for everyone. A California lottery fanatic recently came forward and claimed that he hasn't yet seen a single dime, two months after he won the Powerball jackpot worth $44 million. Jerry, a longtime lotto player, said that he tried his luck in August and purchased a ticket with his lucky number 1 in southern Orange County to become the sole winner of the top prize.
The winning numbers were 1, 2, 15, 23, 28 and the red Powerball 10. "It was exciting in a subtle way because you don’t anticipate ever hitting all six. Six numbers on the Powerball is … the odds are you’ll die before … You’ll walk out and get hit by lightning before you win that one," Jerry told KABC. The chances of winning the jackpot are slim at just 1 in 292,201,338, but the man clinched it.
Since the day he won the jackpot, Jerry has been waiting and growing impatient by the day to get his hands on the winnings. The new millionaire has finally lashed out against the slow verification process in place to ensure that the lottery prize goes to the rightful owner. "The process is horrible for a winner of a big … any big lotto winnings," he said. "They won’t tell you ‘By this date, you’ll get the funds.' They won’t tell you that. They leave it open-ended so you’re sitting, waiting daily," he added hoping to get the funds.
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To be fair, this doesn't happen often and typically winners get to enjoy their reward within four weeks. However due to complicated processes, it does take time in some cases, Carolyn Becker, Deputy Director of Public Affairs and Communications for California State Lottery, told the New York Post. “California Lottery processes, believe it or not, 10,000-plus claims a month, so we want to manage the expectations of our winners,” she added.
When a person wins a jackpot, there are three scenarios that they can expect. Firstly, the small prize winners can expect to be paid out immediately. Secondly, people who win the mid-range prizes typically get paid on the next working day. However, in the case of jackpot prizes things can take more time. When somebody wins a jackpot, and isn't around to claim it in person, they worry if they are going to lose out on the winnings. However, the lottery states give people at least up to a year to claim the prize. Note that the claiming period does vary from state to state depending on the regulations.
Winners can also choose to get the money in their bank even though some lotteries will expect winners to go down to the office and collect the winnings in person. Among other things, it's advisable to make copies of the winning tickets and hire appropriate professionals. Additionally, financial advisors also recommend keeping the news as private as possible.
