$338 Million Lottery Winner to take Lump-Sum Payout

By: Associated Press
By: Associated Press
That means 45-year-old Pedro Quezada will receive about $221 million, or about $152 million after taxes.

Pedro Quezada holds up his $338 million Powerball jackpot check on Tuesday, March 26. / CBS News

LAWRENCEVILLE, N.J. (AP) -- New Jersey lottery officials say the Dominican immigrant who won the $338 million Powerball lottery has decided to take the payment in one lump sum.
That means 45-year-old Pedro Quezada will receive about $221 million, or about $152 million after taxes.
Quezada appeared at New Jersey lottery headquarters Tuesday to officially claim the prize, a day after learning he had the winning ticket.
He appeared with his wife, Ines Sanchez, his four brothers, and two nephews. Quezada and his wife, who is from Tlaxcala (tlahs-KAH'-luh), Mexico, have been married nine years.
Quezada says his mind isn't clear enough yet to figure out what he will do with the money. But he says he could use a car. Asked what kind of car he has now, he said, "My feet."


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Name Location: Location on Mar 28, 2013 at 05:04 AM
    How long to do think before there is a "car accident" or "heart attack"?
  • by Janice Location: Lansing on Mar 26, 2013 at 07:29 PM
    Just curious... he is legal in this country right? Just asking
WILX 500 American Road Lansing, MI 48911 517-393-0110
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 200134821 - wilx.com/a?a=200134821
Gray Television, Inc.