Current:Home > MyMan wins $439,000 lottery prize just after buying North Carolina home-VaTradeCoin
Man wins $439,000 lottery prize just after buying North Carolina home
View Date:2025-01-05 20:03:23
A day after buying a home, a North Carolina man is already seeing a drastic return on his investment.
Benny Murphy from Alamance County won $439,527 from a winning lottery ticket on Aug. 13 just a day after purchasing a house, according to the North Carolina Education Lottery.
"They made a joke about lower payments if I won the lottery," Murphy told North Carolina lottery officials.
Murphy won the Cash 5 prize after picking up a $1 ticket from a Quickmart in Mebane, the lottery reported. After federal and state tax withholdings, he received $314,262 from his jackpot win.
He said he will use the money to finish paying off the house far sooner than he originally planned. He will also embark on a fishing trip and still have some spare money to go to savings, the lottery reported.
Mega Millions jackpot at $582 million
A lucky Mega Millions jackpot ticket holder can win up to $582 million if they have the winning numbers for Tuesday's drawing. The estimated price increased after there was no winner of the Friday jackpot.
After taxes, the take-home payment will be around $286.9 million, according to lottery officials.
In 2024, there have been two winners of Mega Millions jackpots including a New Jersey player who won $1.13 billion in March and an Illinois player who won $552 million in June.
veryGood! (31)
Related
- Climate Advocacy Groups Say They’re Ready for Trump 2.0
- Selena Gomez, Taylor Swift and More Besties Prove Friendship Always Wins at the Golden Globes
- Travis Kelce Has Game-Winning Reaction When Asked the Most Famous Person in His Phone
- Brown sugar is a popular cooking ingredient. But is it healthy?
- Video shows Starlink satellite that resembled fireball breaking up over the Southwest: Watch
- David Foster's Daughter Sets the Record Straight on Accusation He Abandoned His Older Kids
- W-2 vs. W-4? The key forms to know when you file taxes in 2024.
- New Jersey lawmakers to vote on pay raises for themselves, the governor and other officials
- Lions find way to win, Bears in tough spot: Best (and worst) from NFL Week 10
- LGBTQ+ advocates’ lawsuit says Louisiana transgender care ban violates the state constitution
Ranking
- Father, 5 children hurt in propane tank explosion while getting toys: 'Devastating accident'
- IRS announces January 29 as start of 2024 tax season
- Nicholas Alahverdian extradited to US four years after faking his death. What to know.
- MSNBC’s Mehdi Hasan quits rather than accept demotion at news network
- The Army’s answer to a lack of recruits is a prep course to boost low scores. It’s working
- US fighter jets to fly over Bosnia in a sign of support to the country as Serbs call for secession
- French prime minister resigns following recent political tensions over immigration
- Anthony Fauci begins 2 days of interviews with House panel on COVID-19
Recommendation
-
The Best Gifts for Men – That He Won’t Want to Return
-
Dutch anti-Islam lawmaker Geert Wilders has withdrawn a 2018 proposal to ban mosques and the Quran
-
Tiger Woods, Nike indicate a split after more than 27 years
-
As Bosnian Serbs mark controversial national day, US warns celebration amounts to ‘criminal offense’
-
Ben Foster files to divorce Laura Prepon after 6 years, according to reports
-
Haley accuses Biden of giving ‘offensive’ speech at the church where racist mass shooting occurred
-
The Excerpt podcast: Are we ready for the next pandemic? How scientists are preparing.
-
A Communist candidate gets approval to run in the Russian presidential election