The last winning Tennessee Cash ticket was sold in Memphis, TN on October 6th, 2020. The ticket was sold at the Kroger located on 4963 Poplar Ave. The ticket was worth over $200,000 and was the 4th highest prize won in the state this year.
The winner has already come forward and chosen to remain anonymous.
What city won the Tennessee cash?
The Tennessee cash drawing for May 4, 2021 resulted in a winner from Dresden, Tennessee. The winner, Delton Owens, matched all five of the numbers in the draw (6 – 8 – 22 – 32 – 39) to win the jackpot prize of $221,898.
Delton had purchased his winning ticket from Dirt Cheap Grocery, located at 2080 South Main St in Dresden, Tennessee. Delton decided to take the lump sum option and collected a one-time payment of $153,829 before taxes.
The Tennessee cash drawing is a weekly game that is held on Mondays and Thursdays. Players select five numbers from 1 to 35 and a Cash Ball number from 1 to 5. Matching all five numbers plus the Cash Ball number results in a grand prize of up to $222,000.
Additional prizes can be won from matching fewer numbers. The chances of winning the Tennessee Cash game are 1 in 400,000.
The Tennessee Cash game is just one of many lottery games offered in the state of Tennessee. Other lottery games offered include Powerball, Mega Millions, Cash 4 Life, and more. The lottery in Tennessee is managed by the Tennessee Education Lottery Corporation, which is responsible for raising money to fund education in the state.
Congratulations to the lucky winner of the Tennessee Cash draw!
What are the odds of winning Tennessee cash?
The odds of winning the Tennessee Cash lottery game depend on the number of tickets purchased and the number of tickets with winning numbers. Generally, the odds of any Tennessee Cash ticket winning the jackpot are 1 in 1,174,976.
The chances of winning any prize are 1 in 4.29.
The actual odds of a particular ticket winning a prize can be higher or lower depending on the number of tickets participating in the draw and the number of tickets with winning numbers in the draw. For example, if 750,000 tickets are purchased and there are only two tickets with top prizes, the odds of any particular ticket winning the top prize would be 1 in 375,000.
The odds can also vary depending on the type of ticket purchased and the number of prize levels available. For example, if you purchase a ticket with three lines and there are five prize levels, your chances of winning a prize will be higher than if you purchase a ticket with one line and only three prize levels.
Overall, Tennessee Cash is a game of chance and no one can guarantee any specific outcome. However, with the right combination of luck and sensible budgeting, you can have a good chance of winning a prize.
Can the IRS take your lottery winnings?
Yes, the IRS can take your lottery winnings. As with any other income, the IRS taxes lottery winnings. Depending on the amount you win, you could be subject to additional taxes, such as state and local taxes.
Federal taxes are typically withheld from lottery winnings of $600 or more. In addition, you may have to pay estimated taxes on much of your winnings. Federal regulations state that if you haven’t paid all taxes due on your lottery winnings, the IRS can take money directly from your bank account to pay taxes owed.
Additionally, if you fail to file your tax return, or cannot pay the full amount of taxes owed, the IRS can garnish your wages or file liens against your property. So it’s important to make sure you not only file your taxes, but that you also take the necessary steps to make sure you have enough money set aside to pay your tax bill.
Has anyone ever won the Tennessee cash for life?
Yes, there have been many people who have won the Tennessee Cash for Life lottery. The first recorded winner was in 2008 and since then, the Tennessee Lottery has awarded more than $50 million to winners.
The most recent Tennessee Cash for Life jackpot was awarded in October 2020. In that instance, a Nashville resident received the grand prize of a cash payout for life—$1,000 a week for the rest of his life, plus a one-time lump sum of $500,000.
Other winners have also received more than $5 million in cash prizes. The Tennessee Lottery encourages players to check their numbers to see if they have won any of the life-changing prizes.
Does TN tax lottery winnings?
Yes, Tennessee taxes lottery winnings. In Tennessee, lottery prizes are considered to be taxable income. Players are advised to take into account all applicable federal, state, and local taxes on their winnings.
All prizes above $5,000 are subject to state taxes of 6% along with the standard federal income tax rate, which is determined by each person’s individual tax bracket. Tennessee does not tax up to $5,000 of lottery winnings, however anything over this amount is subject to the 6% state tax rate.
All lottery winnings should be reported on state tax returns during the year in which they were received. Lottery winners should consult with a tax professional to ensure they are compliant with all applicable tax regulations.
What is the top prize for cash for life?
The top prize for Cash for Life is a staggering $1,000 a day for the rest of your life! The top prize amount is guaranteed for a minimum of 20 years, with an annuity payout option of an initial lump sum followed by smaller payments for the remainder of your life.
The overall payout for this prize is a guaranteed minimum of $7,300,000. In addition to the top prize, there are smaller prizes that offer you a chance to win anywhere from $1 to $1000. While the top prize is certainly attractive, your chances of winning the top prize in Cash for Life are extremely low, especially when compared to other lottery games.
Has anyone in Tennessee ever won the lottery?
Yes, multiple people in Tennessee have won the lottery. In August of 2020 alone, there have been at least three major lottery winners in the state. In the first week of August, a man in Kingsport won a $1 million prize in the Tennessee Cash lottery.
In the third week, a woman in Athens won the $5 million Lotto America top prize. Last week, a group of workers in Eads also won the $420 million Mega Millions jackpot. Other significant wins in Tennessee in 2020 include $1 million Powerball prizes in Nolensville and Clarksville and a multi-million dollar Cash 4 Life win in Cleveland.
The Tennessee lottery has created many millionaires over its 15-year history, so there is a good chance that we will see more lucky winners from the state in the future.
Can you remain anonymous if you win the Tennessee Lottery?
The Tennessee Lottery strives to protect the privacy of its winners. All winners of prizes over $600 can remain anonymous, unless they choose to participate in a press conference or media interviews as part of their “winners experience”.
However, winners are required to complete a Claims Form and provide their name, address, Social Security Number and other identifying information, which the Tennessee Lottery will make available to the public in compliance with the Tennessee Public Records Act.
In addition, the signature on their Claims Form is also subject to public disclosure. So while there are measures in place to help you remain anonymous, it ultimately depends on how much information you are willing to make public.
Where in Tennessee was the lottery won?
The Tennessee lottery was won at the Crossville Truck Plaza located at 3645 East First Street in Crossville, Tennessee. The winning ticket was purchased on October 26, 2020, and matched all five numbers drawn, resulting in a jackpot of $1.25 million.
The winning numbers were 21, 24, 39, 45, and 56. The winner, who has chosen to remain anonymous, has up to 180 days to claim their winnings.
Has the Powerball ever been won in Tennessee?
Yes, the Powerball has been won in Tennessee. On January 9, 2016, a player from Munford, Tennessee took home the Powerball jackpot of $528.8 million. This was the largest lottery jackpot ever won in the state.
In total, Tennessee has had seven Powerball jackpot-winning tickets, with a combined prize value of over $716 million. In addition to the jackpot, Tennessee Powerball players have also won numerous other prizes, including a few million-dollar winners in recent years.
The most recent million-dollar-winning tickets were claimed in October 2020.
Where was the 2 winners of Powerball from?
The two winners of the January 13th, 2021 Powerball jackpot were from Arizona and Missouri. The winning numbers were 17, 20, 37, 44, 62 and the Powerball number was 12. The winners will be splitting the massive amount of $730 million, with each taking home approximately $365,532,640.
87 before taxes. The Arizona ticket was sold at the Circle K located at 3241 West Carefree Highway in Phoenix and the Missouri ticket was purchased at the On Cue located at 3110 N. Belt Highway in St. Joseph.
Where in TN was the winning Mega Millions sold?
The winning Mega Millions lottery ticket worth $521 million was sold on April 19, 2019 in Lebanon, Tennessee at the Naifeh’s Food Mart. The store located at 99 New Highway 70S in Lebanon is owned by Nick Patel.
Has anyone won the Powerball in TN?
Yes, Tennessee has had quite a few Powerball winners over the years. Most recently, a lucky individual from Chattanooga won the $420 million Powerball jackpot in June 2020. This was the largest Powerball jackpot ever won in the state, and the winner chose to remain anonymous.
The Powerball’s second-largest Tennessee winner won a cool $259 million in November 2018. Other significant wins include eight winners of the $100,000 third-tier prize during the Powerball’s February 2019 drawing, and six $2 million winners from the June 2017 drawing.
Further back, a Knoxville resident won a $251.9 million Powerball jackpot in April 2011. In April 2006, the first Powerball multi-state game draw for Tennessee produced four $1 million prize winners in the state.
Which state wins the lottery the most?
As each state has different laws and regulations regarding lottery games. However, an analysis of past lottery winners conducted by the USA Megamillions shows that some states may be more successful than others at winning lottery jackpots.
According to this source, the states that win the lottery the most include Indiana, Minnesota, New Jersey, New York, Ohio, Pennsylvania, and Texas.
Indiana is the state with the highest number of lottery wins, with 17 Mega Millions Jackpot winners since the game’s inception. The majority of Indiana’s 17 Mega Millions winners were located in the northern part of the state, but winners were also located in the southwest and central areas.
New York and Ohio rank second and third in Mega Millions wins, with 14 and 9 winners, respectively. Pennsylvania and Texas come in fourth and fifth with 8 winning tickets each.
Aside from the above mentioned states, it should be noted that other states regularly see some luck with lotteries as well. California and Virginia, for example, have each had 7 winners and Michigan and Illinois have each had 6 winners since the game’s debut in 2002.
Overall, the states listed above have the highest number of lottery winners, but there is no guarantee that these states will continue to outpace the others. All states have some measure of luck when it comes to lottery wins, and there can be big surprises from time to time that fly in the face of this data.