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Second winner of $587m jackpot announced

New York, Tue, 11 Dec 2012 ANI

New York, Dec 11 (ANI): A 37-year-old Arizona man has been named the second winner of the 587-million-dollar Powerball jackpot.

Matthew Good of Fountain Hills, is an electronics industry professional who grew up in a modest home in Pennsylvania and moved to an affluent Phoenix suburb last year before striking it rich in the lotto.

Good chose to remain anonymous after claiming the prize last week.

Good took the one-time payout of 192 million dollars from the November 28 draw, telling lottery officials the looming fiscal cliff was the reason he claimed the winnings now and not in the next calendar year. He had 180 days to claim his share of the jackpot, the New York Daily News reported.

After Good and his wife learned of their good fortune, he pulled together a team of financial advisers and decided to take his share this month to avoid potentially higher taxes in 2013.

Lottery officials said Good's wife owns half the prize because Arizona is a community property state. (ANI)


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