Lottery officials in Kentucky are urging players to check their tickets, as a $50,000 Powerball prize from the February 5 drawing remains unclaimed.
The winning ticket was purchased at a Kroger store in Nicholasville, according to the Lexington Herald-Leader. The lucky player secured the third-highest prize in the game by matching four numbers plus the Powerball, beating odds of 1 in 913,000.
Lotto Officials Issue Important Reminders
Kentucky lottery officials have issued a public reminder, not just about claiming prizes but also about gambling safety. Players are advised not to share images of their tickets online, as revealing barcodes or serial numbers could put them at risk of fraud.
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The $50,000 winner must claim their prize in Louisville, but taxes will reduce their actual payout. Federal law requires a 24% tax withholding on winnings over $5,000, while Kentucky state taxes add another 6%, leaving the winner with a smaller sum than expected.
State Lottery Tax Rates Vary
Kentucky’s 6% state tax on lottery winnings is lower than what winners pay in New York (10.9%) and New Jersey (8%). However, some states, including California, Florida, and Texas, do not tax lottery winnings at all.
Play Responsibly
Lottery officials remind all players to gamble responsibly:
- Set a budget and stick to it
- Only play with money you can afford to lose
- Avoid chasing losses
- Never gamble when upset or stressed
If you or someone you know needs support for gambling addiction, call the National Gambling Helpline at 1-800-522-4700 or visit the National Council on Problem Gambling website.
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