Binggang Li, who purchased two Mega Million tickets at South Bay Liquor ahead of the May 19 draw, picked five winning numbers but missed the Mega number. Had he matched the Mega number, Li’s winning ticket would have been worth $43 million.
Still, his ticket with five matching numbers earned him $3,116,434 before federal taxes.
Li, who submitted the winning ticket at the California Lottery San Diego District Office, said through an interpreter he was “still in shock over the win” and “still didn’t believe he was a big winner.”
Lottery officials didn’t release where he lives, at Li’s request.
Four other tickets that matched Li’s were also sold, including two in New Jersey and one each in Massachusetts and Virginia. Those tickets were each worth $1 million, the Multi-State Lottery Association, which conducts the game, announced. California law requires major payoffs of lottery games to be paid on a pari-mutuel basis, earning Li a bigger payday than the winners in the other states.
The odds of matching all five numbers and the Mega number are 1 in 258,890,850, according to the Mega Millions website. The overall chance of winning a prize is 1 in 14.71.
For selling Li’s winning ticket, South Bay Liquor, at 1355 Broadway, will receive a retailer bonus of $15,582, or 0.5 percent of Li’s winning sum.
— City News Service
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