FOX 66 News at Ten
SAGINAW COUNTY, MI (WNEM) -
The POWERBALL jackpot is an estimated $240 million.
On Wednesday, we caught up with folks all claiming that the POWERBALL tickets they bought would land them the big prize.
If one person were to win tonight's drawing they would have two options. The first option would be to receive 30 payments over 29 years which would amount to roughly $5.6 million after taxes. The second option would be a lump sum payment of roughly $112 million after taxes.
People we talked to shared with us how they would spend the money.
"I would definitely pay off student loans that I have and help pay for my future college education," Dan Fortier Jr. said.
"I'm going to share it with my children, give some to charity, travel and retire," Vicki Devereaux said.
"First thing I'd do is take care of my family - got a lot of family to help out. And just do some stuff for the community. It's a lot of money for one person you know," Raul Landin said.
Those POWERBALL players aren't the only ones who would cash in if the balls bounce their way.
Places like Jenny's Party Store in Kochville Township would receive a $50,000 commission check from the Michigan Lottery if the winning ticket were to be bought there.
Store owner Nick Sous says he's hopeful the winning POWERBALL ticket will be sold here.
"It'd be really awesome to get the recognition that you sold a winning ticket, which I think would bring more business to the store," store owner Nick Sous said.
POWERBALL drawings are held every Wednesday and Saturday.
Thursday, June 14 2012, 10:20 AM EDT
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