Group of Nine Claim One-Third of $88 Million SuperLotto Plus Prize
SACRAMENTO, September 6, 2001 -- Lottery officials announced one of the three winning tickets for Wednesday's $88 million jackpot was claimed in Santa Fe Springs Thursday afternoon. The nine co-workers were represented by Fabiola Galvin, who collected the money for the player group and Jack Lee, who bought the tickets at Lee's Chevron Station in Walnut.
The nine co-workers will split one-third of the $88 million jackpot or $29.3 million. The worker group opted for the cash option at a value of $14.9 million before federal tax withholding. After a 27.5% federal tax withholding each winner will receive $1.1 million. The estimated cash value of the $88 million would equal roughly half of the jackpot or $44 million or the amount the lottery would invest to payout the jackpot prize over 26 years. The three retailers who sold the winning tickets will receive 1/2 of 1% of the jackpot as a bonus for selling the winning ticket. A single winning ticket would yield $146,500 for the retailer.
On June 23, 2001 the largest jackpot in California Lottery history reached $141 million and was won by a single winning ticket. Alcario Castellano of San Jose, California became the record-breaking highest individual jackpot winner of $141 million on June 23, 2001. On April 17, 1991, the second largest jackpot in California Lottery history reached $118.8 million and was won by 10 winning tickets and 54 winners. On April 8, 1998, the third largest jackpot in California Lottery history reached $104 million and was won by 3 winning tickets and 24 winners.
SuperLotto Plus can be played at more than 18,000 retail business establishments around the state. The SuperLotto Plus draw takes place each Wednesday and Saturday night at 7:58 p.m. Players may purchase tickets until 7:45 p.m. on the night of the draw.
- # # # -