The winner of the $1.537 billion Mega Millions lottery won not once, but twice.
Someone bagged one of the richest lottery jackpots in U.S. history on Tuesday night and became a multi-hundred millionaire after taxes. As well, he or she bought the ticket in a state where they can choose to remain anonymous.
The winning ticket, not yet claimed, was purchased in South Carolina, one of only eight states that allow winners to avoid having their name made public. The others are Delaware, Kansas, Maryland, North Dakota, Ohio and Texas. Georgia also allows its winners to remain private if the prize is larger than $250,000.
Minnesota requires its winners to go public.
"The Legislature has made a priority of government transparency," said Adam Prock, director of communications and legislative affairs at the Minnesota Lottery. "We want the public to know these games are fair and that they can see someone actually won."
Spencer McGowan, president and senior portfolio manager of McGowan Group Asset Management in Dallas, thinks lotteries are acting in their own best interest by making winners go public. His firm advised a $20 million lottery winner in Texas.
"Their goal is advertising. The state benefits from everyone seeing the winner," he said. "But anyone who wins that much money is a moving target."
But state Sen. Mary Kiffmeyer, R-Big Lake, the chair of the government finance committee, said she thinks it's important for lottery winners to remain anonymous.