Current:Home > NewsMan wins $439,000 lottery prize just after buying North Carolina home -Thrive Financial Network
Man wins $439,000 lottery prize just after buying North Carolina home
View
Date:2025-04-17 20:55:36
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! (3437)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Maine elections chief who drew Trump’s ire narrates House tabulations in livestream
- Quincy Jones' Cause of Death Revealed
- North Carolina offers schools $1 million to help take students on field trips
- Senate begins final push to expand Social Security benefits for millions of people
- Mississippi woman pleads guilty to stealing Social Security funds
- The USDA is testing raw milk for the avian flu. Is raw milk safe?
- California researchers discover mysterious, gelatinous new sea slug
- The White House is cracking down on overdraft fees
- Stop smartphone distractions by creating a focus mode: Video tutorial
Ranking
- A South Texas lawmaker’s 15
- How to protect your Social Security number from the Dark Web
- Special counsel Smith asks court to pause appeal seeking to revive Trump’s classified documents case
- NYC bans unusual practice of forcing tenants to pay real estate brokers hired by landlords
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- John Krasinski is People's Sexiest Man Alive. What that says about us.
- Stock market today: Asian shares meander, tracking Wall Street’s mixed finish as dollar surges
- NBPA reaches Kyle Singler’s family after cryptic Instagram video draws concern
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
2 weeks after Peanut the Squirrel's euthanasia, owner is seeking answers, justice
San Antonio Spurs coach Gregg Popovich had mild stroke this month, team says
Michelle Obama Is Diving Back into the Dating World—But It’s Not What You Think
NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
Suspect in deadly 2023 Atlanta shooting is deemed not competent to stand trial
Massive dust storm reduces visibility, causes vehicle pileup on central California highway
Sydney Sweeney Slams Women Empowerment in the Industry as Being Fake