POWERBALL players have been urged to double check their tickets as a $50,000 prize remains up for grabs.
The ticket was bought at a grocery store in West Valley, Phoenix, ahead of the draw on Wednesday night.
GettyA Powerball ticket worth $50,000 hasn’t been cashed in[/caption]Arizona has enjoyed a streak of good fortune as earlier this week another gambler scooped a $50,000 prize, as reported by the local radio station KTAR.
The state is also home to the first Mega Millions jackpot winner of the year.
Wednesday’s winner matched four numbers and the Powerball to land the bumper sum.
They defied the odds of one in around 913,000 in the process.
The $50,000 prize is the second-highest non-jackpot prize on the game of chance.
The player matched the Powerball, which meant they were only one number away from landing the grand prize.
Their victory came days after another gambler in Scottsdale won big on Monday night to land a $50,000 prize.
They bought their ticket at a Safeway store.
No gambler hit the jackpot which means the prize pot has rolled over to an estimated $172 million.
The pot has an estimated cash value of $79.4 million.
But, the clock has started ticking for the $50,000 winner to come forward.
They have 180 days to collect their windfall.
If they don’t collect their winnings before the prize expires, then their slip will become worthless.
But, when they collect their prize, they will have to pay tax on the state and federal level.
Lotto winners who receive more than $5,000 have to pay a 24% tax to the federal government.
But they will also be hit with a state tax of 4.8%.
The tax rate is not the highest in the country by any means.
New Yorkers lose more than 10% of their prize in taxes to the state.
But, gamblers in California and Florida do not have to pay a state lotto tax.
This is a reprieve gamblers in Texas also enjoy.
The winner has 180 days to cash in the ticketGettyRemember to gamble responsiblyA responsible gambler is someone who:
Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chase their losses Doesn’t gamble if they’re upset, angry, or depressedIf you or someone you know is struggling with gambling addiction, call the National Gambling Helpline at 1-800-522-4700 or visit the National Council on Problem Gambling online.
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