$338M lottery winner to take lump-sum payout - 13 WTHR Indianapolis

$338M lottery winner to take lump-sum payout

Posted: Updated:

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, 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."

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow