GENOA – A person who purchased a lottery ticket at the Butera Market in Genoa is now $32,656 richer.
According to the Illinois Lottery’s website, the winning lottery ticket, a $5 Quick Spot, was sold at 6:46 a.m. Sunday, May 30, at the Butera Market, 600 Pearson Drive in Genoa.
To win the jackpot, a player must match all 10 numbers to the quick spot numbers to win 50% of the total jackpot. The odds of winning a jackpot are 1 in 60,000. The $5 Quick Spot tickets can be purchased at any Illinois Lottery retailer, either from a store clerk or a lottery vending machine.
All prizes must be claimed within one year after the drawing date. Any prize not claimed in the time frame will be forfeited.
Winners of lottery prizes of $10,000 to $1 million have two options to claim their prizes: in person by appointment at a claim center or by mail, with winnings mailed via check. Claim centers are located in Springfield, Rockford, Des Plaines, Chicago and Fairview Heights.
For prizes greater than $25,000, winners can have their winnings directly deposited into their bank account. If the winner chooses direct deposit, their money will be available in approximately four to six weeks.
The Illinois Lottery is required by law to withhold federal taxes from prizes of $5,000 or more, Illinois State taxes from prizes of $1,000 or more and additional taxes on all prizes over $600 from U.S. citizens and resident aliens who do not provide a Social Security number.
The current withholding rate for Illinois income tax is 4.95%. The Illinois Lottery is required to withhold federal taxes of 24% for U.S. citizens and resident aliens. Non-resident aliens or persons not indicating their citizenship status are subject to withholding at 30% federal tax. State and federal tax rates are subject to change.
Winners must pay taxes on lottery prizes. The Illinois Lottery advises players to contact a financial planner, tax attorney or preparer, the Internal Revenue Service or Illinois Department of Revenue for more information.
For more information about the Illinois Lottery and its rules, visit www.illinoislottery.com.