Posted: Nov 29, 2012 5:25 PM by Jennifer Long
Updated: Nov 29, 2012 6:45 PM
JEFFERSON CITY - The NBC affiliate in Kansas City reports 52-year-old Mark Hill bought the winning Powerball ticket at the Trex Mart in Dearborn, right outside of Kansas City.
The fact the winner is from Missouri helps the state tremendously. Susan Geodde, the communications manager of the Missouri State Lottery, said these Powerball drawings not only boost the morale of the people who live here, but the game also generates a lot of money for Missouri.
"They're great fun," said Geodde on Thursday. "I can't believe how many people I talked to who were dreaming of what they would do with the money... But at the same time they're paying it forward by buying a ticket it helps public education in Missouri."
Geodde said during this Powerball run, which started back on October 3, ticket sales totaled $28.8 million. Geodde said about $8.7 million of that is going to go to public education. The Missouri Lottery is also required hold 25 percent of the winnings for federal taxes and 4 percent for state taxes. The retailer that sold the winning ticket also gets a $50,000 bonus.
"Obviously the winners hopefully will spend the money in Missouri. That's a lot of money to spend in Missouri," Geodde added. "That's another good thing on the economy. Our retailers make a great deal of money on these kinds of jackpots because of all the tickets are sold."
Geodde said since January, the jackpot has gone past $300 million three times. It was the second largest jackpot in the nation and the biggest Powerball jackpot ever. Geodde attributes this to changes made to Powerball back in January. The jackpot now starts at $40 million instead of $20 million and tickets now cost $2.
"Last January we made some changes to make Powerball bigger, better and more," said Geodde. "Bigger jackpots, better odds and more prizes."