Current:Home > ContactMan wins $439,000 lottery prize just after buying North Carolina home -Finovate
Man wins $439,000 lottery prize just after buying North Carolina home
NovaQuant Quantitative Think Tank Center View
Date:2025-04-09 05:25:18
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! (1)
Related
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Patriots assistant coach Jerod Mayo responds to 'hurtful' report about his approach with team
- Zvi Zamir, ex-Mossad chief who warned of impending 1973 Mideast war, dies at 98
- Iowa's Tory Taylor breaks NCAA single-season record for punting yards
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Cardi B Sets the Record Straight on Her and Offset's Relationship Status After New Year's Eve Reunion
- Souvenir sellers have flooded the Brooklyn Bridge. Now the city is banning them
- Horoscopes Today, January 1, 2024
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- NFL power rankings Week 18: Cowboys, Lions virtually tied after controversial finish
Ranking
- Highlights from Trump’s interview with Time magazine
- West Virginia GOP delegate resigns to focus on state auditor race
- Soccer stars Crystal Dunn and Tierna Davidson join NWSL champs Gotham FC: Really excited
- Hong Kong prosecutors allege democracy publisher Jimmy Lai urged protests, sanctions against China
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Man found dead at Salt Lake City airport after climbing inside jet engine
- Patriots assistant coach Jerod Mayo responds to 'hurtful' report about his approach with team
- Mickey Mouse, Tigger and more: Notable works entering the public domain in 2024
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Missing NC teen found concealed under Kentucky man's home through trap door hidden by rug: Police
The First Teaser for Vanderpump Villa Is Chic—and Dramatic—as Hell
'Steamboat Willie' Mickey Mouse is in a horror movie trailer. Blame the public domain
House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
She had a panic attack during preterm labor. Then a nurse stepped in
Souvenir sellers have flooded the Brooklyn Bridge. Now the city is banning them
Prosecutors recommend six months in prison for a man at the center of a Jan. 6 conspiracy theory