Instead of receiving the full jackpot in 30 installments over the next 29 years, the individual chose to receive a one-time lump sum of $723,564,144 before taxes.
The winner elected to remain anonymous, and has chosen to collect their prize in cash through a limited liability company called LaKoma Island Investments, LLC, officials said.
“The winner is thoughtfully considering the best uses of the life-changing prize,” a lottery representative said in a statement, according to the Associated Press. The winning ticket was purchased in a convenience store near the New Hampshire border called Hometown Gas & Grill, which received a $50,000 bonus for selling it. The owner told the AP he had split the proceeds with his employees.
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