Categories
BLOG

unclaimed lottery ticket in south carolina

South Carolina lottery winner where are you? $1.5B still unclaimed, and clock is ticking

David Stevenson, a CPA in South Carolina, says he can’t think of a good reason why whoever bought an enormous lottery ticket in tiny Simpsonville hasn’t cashed in.

The Mega Millions ticket worth more than $1.5 billion was purchased in October. It will be worthless in about two months if no one comes forward to claim the cash.

“I could understand there might have been tax advantages to wait until 2019,” Stevenson said Thursday. “But I see no purpose in waiting now. Honestly, I think it’s lost.”

The winner could walk into lottery headquarters and walk out with a lump sum payout of $878 million. That would also mean a cool $60 million tax payment for the state of South Carolina, which now must allow for the possibility that it won’t get the windfall after all.

People enter the KC Mart in Simpsonville, S.C., on Oct. 24, 2018, after it was announced the winning Mega Millions lottery ticket was purchased at the store. (Photo: Jeffrey Collins, AP)

In Simpsonville, rumors are flying about who the lucky winner might be.

“Anyone who quit their job days after the drawing is a suspect,” Stevenson said.

If the jackpot isn’t claimed, it goes back to the states based on ticket sales. South Carolina’s share, or consolation prize, would be about $11.2 million, South Carolina Education Lottery spokeswoman Holli Armstrong said.

The state Board of Economic Advisors is bracing for the worst and considering a plan to remove the money from the state spending plan, the Associated Press reports.

Then there is C.J. Patel, owner of the KC Mart where the ticket was sold. Patel says business has picked up since the glare of the international spotlight shone on his store. Still, if the prize goes unclaimed, Patel could be out the $50,000 he was supposed to get from the lottery.

For folks digging through drawers hunting for the ticket, the winning numbers were 5, 28, 62, 65, 70 and Mega Ball 5.

The public may never know who claims the jackpot since South Carolina is one of several states where winners can remain anonymous. But the state will make an announcement when or if the prize is claimed.

Stevenson said no one has come to him looking for advice on how to invest $1.5 billion.

“I keep waiting for them to walk into my door and ask me to do their taxes,” Stevenson said. “Of course, the cost of preparing their return might go up a bit from $200, but I would be nice about it.”

The winner of a huge South Carolina jackpot hasn't come forward. That means the state might miss out on $61 million in state income taxes.

Unclaimed $1.5B jackpot mystery in South Carolina: Winner died? Ticket lost?

Posted: Feb 24, 2019 / 08:33 AM CST / Updated: Feb 24, 2019 / 08:34 AM CST

SIMPSONVILLE, S.C. (AP) — Nearly everyone in this small South Carolina town has a theory for the city’s billion-dollar mystery: Who won the $1.5 billion Mega Millions jackpot announced last October?

Maybe the winner was so overwhelmed upon seeing the winning numbers that she or he died on the spot? Maybe the winner is on the run from police and fears a background check? Maybe that winning ticket fell from a car visor, ended up in a trash can and is forever buried at the Twin Chimneys Landfill. Or maybe, the winner is still going on with life as usual, before quietly taking the $878 million lump sum.

With less than two months to go, the clock is ticking. Whoever won the second largest lottery in U.S. history has until 5 p.m. on April 19 to walk into the South Carolina Lottery office in Columbia with the signed ticket and claim the jackpot.

The winning ticket was sold at the KC Mart in Simpsonville sometime between Oct. 20 and the drawing at 11 p.m. on Oct. 23. Store employee Jee Patel said State Law Enforcement Division agents were waiting in the parking lot when workers came to open at 6 a.m. the next day.

“We didn’t even know we sold the winner yet,” Patel said, adding agents immediately took the surveillance tapes away. “We haven’t seen them. I don’t know when we sold it or who we sold it to.”

Simpsonville is a rapidly growing suburb of about 22,000 people south of Greenville. The store is away from the suburban core on a two-lane road past the four-way stop and several recently constructed subdivisions. Everyone entering the store on a recent cold winter day figured the winning ticket was sold to someone living or working nearby.

Christian Porchak lives a mile from the KC Mart, where he bought tickets for the big drawing. He felt a brief rush when he heard it sold the winner. Just as quickly, though, his hopes were dashed as he checked his numbers over — and over — again: “I know I checked every ticket I bought. But there’s that nagging feeling that maybe I didn’t check every one.”

As with all great mysteries, there are some far out conspiracy theories. Chris Watson prepares hot dogs and hamburgers at the KC Mart’s grill. He wonders if Mega Millions ever planned to award the jackpot at all, instead using it as an excuse to sell more tickets.

“What I don’t understand is why does the money have to go back? Why can’t they just use it for another jackpot?” Watson said.

If the ticket goes unclaimed, the $1.5 billion prize will be redistributed to the 44 states along with the U.S. Virgin Islands and the District of Columbia. One big loser could be South Carolina, which had budgeted a $61 million income tax windfall from the winner but had to remove that estimate — about 0.5 percent of the state’s annual spending plan.

Every taxpayer in South Carolina could have a dinner out on the line. A lawmaker has placed a proposal in the state budget that would give up to a $50 rebate to each person who files income taxes — but only if the state gets its taxes from the lottery winner.

Another big loser would be the store’s owner, who won’t receive his $50,000 bonus if the ticket isn’t claimed.

But Patel said the store got a big boost in sales in the weeks after selling the winning ticket and still gets people who think the luck will rub off on them. That’s why the half-dozen signs saying “WE SOLD A WINNING MEGA MILLIONS TICKET WORTH $1.5 BILLION” will stay up, Patel said.

Jackpots, even big ones, have gone unclaimed before. But this one dwarfs them all.

Gordon Medenica, lead director for the Mega Millions consortium, said the biggest Mega Millions jackpot to go unclaimed was a $68 million prize in 2002. That ticket was sold in New York. Two winning tickets were sold for a $103.5 million jackpot in 2002 but one ticket — sold in Indiana — was never claimed, said Wendy Ahlm with the New Mexico lottery that currently oversees Powerball.

States differ in how long players have to claim their prizes. Medenica said he wouldn’t expect someone to come forward immediately. Winners often first get legal and financial advice, and he’d heard theories that the winner was waiting until 2019 for tax reasons. And in South Carolina, as in a handful of other states, winners can remain anonymous, avoiding publicity.

“Now we’re sort of running out of reasons on why anyone would wait this long,” he said.

But there have been waits in the past for winners to step forward.

The biggest jackpot in U.S. history, a $1.586 billion Powerball prize, was won on Jan. 13, 2016, by buyers in California, Tennessee and Florida. The California winners didn’t come forward until about six months later, officials said.

“The larger the prize the longer it takes,” said Russ Lopez, from the California Lottery. “That’s an amazing amount of money. Their life is going to change.”

Back in Simpsonville, theories continue to swirl. Lloyd Hall cuts hair in town. He heard one rumor that the winner worked at a large transmission plant miles (kilometers) away but is now just waiting because he doesn’t want co-workers to know. Another rumor has it that an office pool at the plant bought the ticket but now they’re arguing while lawyers negotiate.

“I’m starting to think we will never know,” Hall said.

SIMPSONVILLE, S.C. (AP) — Nearly everyone in this small South Carolina town has a theory for the city’s billion-dollar mystery: Who won the $1.5 billion Mega Millions jackpot announced last October? Maybe the winner was so overwhelmed upon seeing the winning numbers that she or he died on the spot? Maybe the winner is on […] ]]>