LOTTO chiefs have issued a warning to gamblers after one mystery player landed a $50,000 Mega Millions prize.
The slip was bought from a Kroger fuel station in Georgia ahead of the draw on January 28.
GettyA Mega Millions prize worth $50,000 was won by a player in Georgia[/caption]The player matched four numbers and had the Mega Ball, which would’ve normally landed a return of $10,000.
But, they spent an extra dollar on the Megaplier, per the Miami Herald.
This meant the prize quintupled to a whopping $50,000.
The player defied odds of one in around 931,000 to achieve the feat of matching four numbers.
The player missed out on the jackpot by only one number.
Had they hit the bumper prize, they would’ve defied odds of one in 302.6 million.
Lotto bosses in Georgia have issued a warning to players.
They’ve encouraged winners to sign the back of the tickets.
And, they warned gamblers have 180 days to come forward and claim their prize.
If the prizes are not claimed within the timeframe, they will expire for good.
The Mega Millions jackpot was not won, meaning it has rolled over.
It now stands at a hefty $59 million and has a cash value of $26.5 million.
There has been one Mega Millions jackpot winner in 2025.
This was scooped by a player in Arizona.
Lottery winnings: lump sum or annuity?
Players who win big on lottery tickets typically have a choice to make: lump sum or annuity?
The two payout methods can impact how much money you get from your prize.
Annuities pay out slowly in increments, often over 30 years.
Lump sums pay all at once but in a smaller amount, as taxes are withheld in one go. That means 24% of your prize goes to Uncle Sam right away. Many states tax winnings as well.
Annuities can provide winners time to set up the financial infrastructure required to take in a life-changing amount of money, but lump sums have the benefit of being taxed only once.
Inflation is also worth considering when making a choice, as payouts do not adjust with the value of a dollar. That means that you’ll likely be getting less valuable money towards the end of an annuity.
Each state and game pays out prizes differently, so it’s best to check with your state’s lottery to confirm payment policies. A financial advisor can also help you weigh the pros and cons of each option.
Experts have varying opinions on whether to take the lump sum or take the annuity.
GettyThe ticket was bought from a Kroger location[/caption]This is a developing story…
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