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Port Richey, FL - 20-year-old Florida Man Claims $451 Million Mega Millions Jackpot

Published on: January 12, 2018 03:00 PM
Last updated on: January 12, 2018 03:46 PM
By: AP
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Port Richey, FL - A 20-year-old Florida man claimed the $451 million Mega Millions jackpot on Friday, choosing to get $282 million at once instead of more in annual installments.

A Florida Lottery news release said Friday that 20-year-old Shane Missler, of Port Richey, had claimed the jackpot from the multistate game’s Jan. 5 drawing. They say he chose to receive his winnings in a one-time, lump-sum payment of $281,874,999.

“I’m only 20, but I hope to use it to pursue a variety of passions, help my family and do some good for humanity,” he said in a statement.

The winning numbers to claim the nation’s 10th-largest jackpot were 28-30-39-59-70 with a Mega Ball of 10.

The winning ticket was bought at a 7-Eleven in Port Richey. The retailer will receive a $100,000 bonus.

The Tampa Bay Times reported that Missler was grinning widely and clutching a yellow envelope when he turned in his ticket Friday at Florida Lottery headquarters in Tallahassee. His father and his lawyer came with him. They released a statement on his behalf.

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“If there is one thing I have learned thus far in my short time on this earth it is that those who maintain a positive mindset and stay true to themselves get rewarded,” Missler said in the statement. “I look forward to the future.”

Lottery officials said the money will be paid to a trust, set up with Missler as the managing member, called “Secret 007, LLC.”

“Although I’m young, I’ve had a crash course this week in financial management and I feel so fortunate to have this incredible wealth and team behind me,” said Missler, who also told the Times that he plans to move out of Port Richey. “I intend to take care of my family, have some fun along the way and cement a path for financial success so that I can leave a legacy far into the future.”



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Read Comments (7)  —  Post Yours »

1

 Jan 12, 2018 at 09:22 PM PaulinSaudi Says:

Wonderful news. I wish him all the best.

2

 Jan 13, 2018 at 08:37 PM fat36 Says:

I hope he throws a nice kiddish next Shabbos

3

 Jan 14, 2018 at 12:01 AM Anonymous Says:

Not too smart. At his age, it's much better to get it in installments to save a whole bunch of taxes.

4

 Jan 14, 2018 at 03:58 PM BLONDI Says:

wow... congratulations.. seems like an intelligent young man..except for the comment from no. 3....maybe upon your advice he will amend that choice.

5

 Jan 14, 2018 at 04:07 PM Anonymous Says:

I'm his long lost cousin

6

 Jan 15, 2018 at 06:30 AM Anonymous Says:

Reply to #3  
Anonymous Says:

Not too smart. At his age, it's much better to get it in installments to save a whole bunch of taxes.

Actually the rate of return on a fixed annuity (e.g. a 20 year lotto payout) is so low that even without the tax deferred growth, it is generally more financially sound to take a lump sum.

7

 Jan 15, 2018 at 11:06 PM Anonymous Says:

Reply to #6  
Anonymous Says:

Actually the rate of return on a fixed annuity (e.g. a 20 year lotto payout) is so low that even without the tax deferred growth, it is generally more financially sound to take a lump sum.

I think one can live pretty well on 10 to 20 million a year on a 20 year payout. No need to take all that dough at once and blow it all in the following year.

8

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