People in today’s time employ diverse avenues to generate income – ranging from conventional employment ventures to stock market investments or fixed deposits (FDs) and mutual funds. Luck also occasionally plays a pivotal role, exemplified by instances where individuals strike fortune through lotteries. All around the world, there have been many cases where people have won big lotteries and have earned a lot of money through their fortune. Recently, another case came into the limelight where a man from the US won a lottery worth $842 million in the new year. In Indian currency, this amount is more than Rs 7,000 crore.
According to reports, the person who won the lottery had bought a Powerball lottery ticket from a Flower Castle grocery store. The lottery draw was held on the day before the New Year. The new year brought a change in fortune for him, as the person directly won the jackpot of $842 million. Reportedly, this has been found to be the tenth biggest prize in the history of lotteries that has ever been won.
The official website that conducted the lottery has itself admitted that this is the first time anyone has been able to win such a big jackpot on New Year’s Day. It has been reported that this amount is so much that even generations of people who have won the lottery can live a comfortable life for ages. The company has given the winner two options to take the money. The first option is that the winner can either take the money in 30 instalments over 29 years, or, as per the second option, the winner can also take the entire amount in a lump sum. After deducting the taxes, the winner will get a total amount of $425.2 million.
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