SACRAMENTO "“ California's newest millionaire has stepped forward to claim his prize.
Todd Moitz met members of the media today to discuss his $47 million MEGA Millions jackpot at the Lottery's San Diego District Office.
Flanked by several members of his immediate family, Moitz said he is "overwhelmed" by the whole experience. The retailer who sold Moitz his ticket has definite plans for his prize. He wants to give bonuses to his store clerks and to put his children through college.
Moitz elected the cash option, which is worth $32 million before taxes.
The winning combination of 2, 11, 19, 21, 34 and the MEGA number 38 was sold at the 7-Eleven located at 4983 Cass Street in San Diego. This retailer will receive a bonus of $230,000 (one-half of 1 percent of the jackpot they sold) for selling the winning ticket.
Counting last week's ticket, there have been seven jackpots won in California, including the historic $315 million jackpot won on November 15, 2005, resulting in total jackpot winnings of more than $670 million. More than 95 cents of every Lottery dollar is returned to the community in the form of contributions to education, prizes and retail commissions. The California Lottery contributes at least 34 cents of every dollar that players spend on Lottery products to public education and returns more than 50 percent of sales to players in the form of prizes. Since its inception in 1985, the Lottery has contributed nearly $21 billion to California schools out of total sales of more than $56 billion. Retailers benefit too, earning $3.6 billion in compensation since 1985.
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