Thu, 06 Jun 2013 11:00:00 GMT | By IANS

84-year-old woman wins largest-ever US lottery prize

Although she had the option of receiving the money in 30 annual payments of $19 million each, Mackenzie opted to take the lump-sum payment of $370.8 million


84-Year-old woman wins largest-ever US lottery prize (© Reuters)

Miami: The winner of the largest lottery prize ever awarded to a single person in the US is a 84-year-old Florida woman, who showed up to cash in her Powerball ticket and collected some $370.8 million, before taxes.

Gloria C. Mackenzie's ticket was the only one sold that matched all six numbers in the May 18 Powerball lottery drawing, which at the time had accumulated over the previous two months a record jackpot worth $590.5 million.

Although she had the option of receiving the money in 30 annual payments of $19 million each, Mackenzie - who lives in the central Florida town of Zephyrhills - opted to take the lump-sum payment of $370.8 million, even though her total winnings would be substantially less.

Once taxes are deducted from the winnings, she will be left with about $270 million, Florida Lottery Secretary Cynthia O'Connell said at a press conference at the state lottery headquarters in Tallahassee Wednesday.

(Continued)
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