Published: Mon, August 06, 2018
Business | By Eloise Houston

Spontaneous office pool wins $543 million lottery jackpot

Spontaneous office pool wins $543 million lottery jackpot

San Jose store owners get $1M bonus after selling winning Mega Millions ticket The California Lottery announced Friday that Roland Reyes has claimed the $543,000,000 prize on behalf of his office pool, consisting of 11 people.

"It was spur of the moment".

California Lottery official Mike Neis, right, watched as Amol Sachdev hung a sign, July 25, over his family's store Ernie's Liquors where a Mega Millions lottery ticket worth more than $500 million was sold in San Jose, Calif.

The group didn't usually form an office pool but made a decision to buy a ticket for the July 24 drawing on a whim, according to a statement from the California Lottery. "If I could win, anybody could win".

At least one co-worker said she would invest the money and hopes to not be a "one time millionaire", according to the release. Reyes said the group figured they had a better chance at winning if they bought their tickets from a small shop.

The rest of the winners declined to be named and would not say the name of their company. "We want to keep our jobs", Reyes said. We love what we've built there.

The winners can decide whether to take the entire annuities amount of $543 million spread out over 30 years, or taking the final lump-sum cash option of $320.5 million. "We have a good time and want to stay together". That's before federal taxes. The group's supervisor is one of the winners.

The lottery said the other, unidentified winners mentioned "paying off mortgages, kids' college tuition, helping family members, going back to school and, of course, travel".

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