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news blog > article

Pasquotank County man collects $1 million Powerball win

April 3, 2024 Posted by NC Lottery at 1:58 PM
image-photo

Claude Banks III of Elizabeth City took a chance on a $2 Powerball ticket and won a $1 million prize on Monday.

Banks bought his lucky Quick Pick ticket from Zoom In on South Hughes Boulevard in Elizabeth City. His ticket matched the numbers on all five white balls to win the prize. The odds of that win are 1 in 11.6 million.

He claimed his prize Tuesday at lottery headquarters in Raleigh. After required federal and state tax withholdings, Banks took home $715,001.

Wednesday’s Powerball jackpot stands at $1.09 billion as an annuity, or $527.3 million in cash. If won, it would be the fourth largest jackpot win in Powerball history. The odds of winning a Powerball jackpot are 1 in 292 million.

Powerball is one of six games in North Carolina where players have the option of buying their tickets at a retail location or with Online Play through the lottery’s website or with the NC Lottery Official Mobile App.

11 COMMENTS

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4/05/2024 10:19 - Gloria C.

Congratulations. Enjoy your winnings.

4/05/2024 05:28 - Amy G.

Congratulations!

4/04/2024 07:10 - Elleane P.

Congratulations

4/04/2024 03:54 - MICHAEL B.

Congratulations on your win.

4/04/2024 06:49 - Zelda L.

congratulations

4/03/2024 09:52 - Vivian p.

Congratulations Claude on your Winnings. Enjoy

4/03/2024 08:23 - Ephrem B.

If the cash reward of $527.3 million is chosen, the prize amount will drop to $400.75 million after a mandatory federal tax withholding of 24% is applied. Depending on their taxable income, the winner could face a federal marginal rate as high as 37%, further cutting the winnings to $332.2 million.

4/03/2024 05:07 - shirley b.

I'm next

4/03/2024 04:30 - denise p.

Congratulations ?? When will the draw game millionaire maker and Oh my stars drawing for January 1st 2022 and for oh my stars July 1st 2023 It’s saying no winners yet but it’s pass the draw dates it’s saying TBD thanksNC Lottery
Hey there, Denise! The final draw dates for these drawings haven't been determined yet. Since these tickets are still for sale, we want to give players the chance to play and enter these drawings. Once these games have an announced end date, we'll determine a drawing date for their final second chance drawings!

4/03/2024 03:07 - Linda P.

Cogratulations to the winner.

4/03/2024 02:44 - Kevin S.

Thats awesome, congrats! I wonder what the taxes will be like winning this 1 billion?!

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