Lottery games allow players to turn a small amount into a life-changing prize. For instance, a North Carolina lottery player won $1 million with a $50 ticket. According to the North Carolina Education Lottery, he bought the $10 Million Spectacular ticket from Kingsway in Lincolnton.
The lucky gamer certainly wasn’t anticipating becoming one of the lucky few to get a second-tier prize from the scratch-off. The Lincoln County man’s gamble paid off when he won $1 million in the $10 Million Spectacular game.
According to the best pay per head sportsbook, the Lottery’s scratch-off game had thirteen winners before Young’s $1 million win. Out of a total of twenty prizes, seven of which are worth $1 million apiece, are still up for grabs. It was Young’s fortunate day with a 1 in 813,895.5 chance of winning one of the $1 million prizes.
Lucky North Carolina Lottery Player
From a bookie point of view, the lucky winner was recently presented with a tough decision during a visit to the Lottery offices. Young was given the choice to receive $600,000 all at once or $1,000,000 spread out over 20 years as an annuity.
The winner chose the lump sum, which was not surprising. Nonetheless, keep in mind that North Carolina state and federal taxes apply to lottery winnings. A substantial amount—far from $1 million but entirely transformative—added approximately $429,000 to Young’s bank account after taxes.
The scratch-off ticket provides $10 million rewards, with $1 million being the second-largest prize from the Lottery’s $10 Million Spectacular game. Five $10 million prizes were available when the ticket game was released on December 5, 2023.
Odds of Winning a Top Prize
After two of these top prizes were claimed, three remained to be won. The well-liked scratch-off game offers one in 3,255,582 chances of winning the top prize. The original offering for the Lottery’s $10 Million Spectacular ticket was $100,000, with 20 rewards total. Nine rewards of $100,000 each are still available after eleven have been claimed.
Fifty and five thousand dollars are also available on the same ticket. The chances of winning for the former are 1 in 325,558.2, while for the latter, they are 1 in 117,107.27. Of the original 70 awards, 23 are still $50,000, and 70 are $5,000 each. In the popular game, the odds of winning are 1 in 3.11.
Following Tuesday’s lack of winners, the Mega Millions prize grew to $464 million, among other lottery-related developments. If Friday’s drawing yields the $464 million jackpot, a fortunate player might win an estimated $228.5 million in a single amount, as reported by the lottery.
According to sports handicapping experts, there have been two jackpot winners in the Mega Millions game this year: A gambler from New Jersey won an incredible $1.13 billion earlier in March, and another player from Illinois won $552 million last month.
