$1.3 billion Powerball jackpot winner in Oregon remains unknown

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$1.3 billion Powerball jackpot winner in Oregon remains unknown
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Oregon lottery officials say the winner of the eighth-biggest lottery prize in U.S. history won’t be announced for at least a couple more weeks while the win is verified and arrangements for the massive payment are made.

The winner of the eighth-biggest lottery prize in U.S. history won't be announced for at least a couple more weeks until their ticket is verified and arrangements for the massive payment are made, Oregon lottery officials said Tuesday.A person with a ticket matching all six Powerball numbers in Saturday’s $1.3 billion jackpot came forward Monday to claim the prize from last weekend's drawing. They bought the ticket at a convenience store in northeastern Portland, Oregon.

There’s a lot of moving pieces," Oregon Lottery spokesperson Melanie Mesaros said.Oregon has had five previous Powerball jackpot winners, including two families who shared a $340 million prize in 2005.The jackpot has a cash value of $621 million if the winner chooses to take a lump sum rather than an annuity paid over 30 years, with an immediate payout followed by 29 annual installments.

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