Pennsylvania Resident Wins $2 Million from Cash 5 Lottery Remains Unidentified
The Pennsylvania Lottery made headlines once again on August 11, 2020, with a life-changing win of $2,019,939.50 in the Cash 5 lottery game. The winning numbers for the draw were 5-12-19-29-39, and the lucky ticket was purchased at the GIANT Food Store located at 4655 Perkiomen Ave., Reading.
The Cash 5 lottery game, managed by the Pennsylvania Lottery, saw a total of 37,200 Cash 5 tickets with the Quick Cash option win prizes on this day. However, the identity of the person who won the grand prize remains a mystery.
The winning ticket used the Quick Cash option for number selection, but the player's identity has not been disclosed publicly by the Pennsylvania Lottery as of now. The store that sold the winning ticket will receive a $10,000 bonus as a reward for their lucky sale.
The Cash 5 lottery game offers two options for claiming the grand prize: a lump sum payment or an annuity. The annuity option would spread the total win over more than a decade of payouts, potentially saving on taxes. However, the specific tax implications for both options were not detailed in the article.
The lump sum payment would result in a reduction of around 40%-60% due to federal and state taxes, but the exact figures for the annuity option were not specified.
The Pennsylvania Lottery has reminded players to check their tickets for potential winnings from the August 11, 2020, draw. The state often makes headlines due to its lottery wins, creating numerous millionaires and significant winners.
As the search for the anonymous winner continues, the excitement surrounding the $2,019,939.50 Cash 5 lottery prize in Reading, Pennsylvania, continues to grow. The Pennsylvania Lottery is urging all players to check their tickets and claims to be made before the deadline.
The Pennsylvania Lottery's Cash 5 game witnessed a big-win of $2,019,939.50 in the August 11, 2020 draw, making headlines just like other casino-games and lotteries under its jurisdiction. Despite the usage of the Quick Cash option for number selection, the identity of the winner remains undisclosed, leaving speculation among casino-and-gambling enthusiasts about the lucky individual.
