- Associated Press - Tuesday, August 2, 2016

RAYMOND, N.H. (AP) - As New Hampshire awaits word on who won a $487 million Powerball jackpot, lottery officials offer this advice if the ticket holder was just visiting the state: move here before claiming the prize.

Lottery officials say someone bought the winning ticket from Saturday’s drawing at local Hannaford supermarket in Raymond, a southern New Hampshire town of about 10,000. No one has come forth yet to claim the eighth largest U.S. lottery jackpot

Charlie McIntyre of the New Hampshire Lottery Commission says “all kidding aside,” the state’s gambling tax was repealed four years ago and New Hampshire Lottery winners avoid all state taxes. That could save the winner more than $20 million compared to what they would pay in neighboring states, where a 5 percent tax is assessed to lottery winnings.



Click to Read More

Click to Hide