ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Retired grandpa wins $344 million Powerball jackpot — picking the numbers from a fortune cookie

Even after he won, the man had no idea about the amount that he was going to walk away with.
PUBLISHED OCT 20, 2024
Lottery tickets for New York's $60 million lottery are sold at Hudson News in Grand Central Terminal. (Photo by James Leynse/Corbis via Getty Images)
Lottery tickets for New York's $60 million lottery are sold at Hudson News in Grand Central Terminal. (Photo by James Leynse/Corbis via Getty Images)

Fortune cookies usually contain tiny notes with feel-good messages or life lessons, which don't promise any monetary gains. But a man from North Carolina won the Powerball jackpot after trusting the numbers found in a fortune cookie while buying a lottery ticket. Charles W. Jackson Jr., a 66-year-old man, came forward to collect the $344 million prize and thanked his granddaughter for ordering the fortune cookie. 



 

A Fortune Cookie in the True Sense

Announcing his big win at a news conference, Jackson revealed that he came across the lucky numbers during a recent trip to a Vietnamese restaurant with his granddaughter. He mentioned that he broke the cookie and found a series of numbers on the back of the paper inside it. Jackson used those very numbers and luckily unlocked an actual fortune worth hundreds of millions. “You play to win, but you never really expect to win the whole dang pot,” Jackson told North Carolina Education Lottery officials.



 

Even after learning that he had won, Jackson initially thought that he only bagged a prize of around $50,000. But, when he finally saw the last digit, Jackson realized that he had hit the jackpot. “I said, ‘Dang, I got them all,” he recalled.

After looking up the value of the grand prize, Jackson broke the news to his wife. According to the local NBC news station WRAL, the couple then drove down to the Raleigh headquarters to collect their prize. Jackson, who reportedly used to own a shop selling military goods, chose to take the lump sum cash and walked away with a whopping $223.3 million after taxes. However, as per NBC, Jackson will have to pay another set of steep taxes which would leave him with roughly $158 million at the end.

Tickets for the Powerball lottery | Getty Images | Photo illustration by Tasos Katopodis
Tickets for the Powerball lottery | Getty Images | Photo illustration by Tasos Katopodis

Fulfilling Promises and Giving Back

At first, Jackson had no idea what he was going to do with the prize money. “I hope it doesn’t change me a lot. I’m still going to wear my jeans. Maybe newer ones," he said. Later, Jackson revealed that he plans to give away a part of his fortune to charity. According to PEOPLE, he planned to donate to the St. Jude Children’s Research Hospital, Shriners Hospitals for Children, and the Wounded Warrior Project.

He further shared that he would give $1 million to his brother with whom he had a deal. The two brothers promised that if any one of them won a lottery, the winner would give the other a million dollars from the prize. 

In the past, fortune cookies have been lucky for people in rare cases. One of them was Charles Svatos from Iowa, who broke a fortune cookie that read “You will discover an unexpected treasure.” Coincidentally, Svatos had a lottery ticket with him and when he checked his lotto numbers, he learned that he had won $390,000, Vice reported. 



 

Svatos told reporters that he had been trying his luck with the lottery since it started in the 1980s, and he did not expect to win despite the prediction.

MORE ON MARKET REALIST
After the market saw its worst day since October, Trump seemed to soften his threats to the E.U.
10 hours ago
The guest had previously bet that her 'His Master's Voice' gramophone wasn't authentic.
10 hours ago
At the World Economic Forum, Trump made claims about the economy that the numbers fail to support.
14 hours ago
The court is hearing arguments in a case challenging the president's authority to fire Cook.
1 day ago
The sweeping order directs the FTC and DOJ to limit purchase of homes by institutional investors.
1 day ago
Despite the pushback, Trump has made it clear that there is "no going back" on the issue.
1 day ago
Harvey knew the answer wouldn't be on the board as he had some first hand experience.
1 day ago
The guest, who knew about the artist's popularity, didn't expect to get a five-figure appraisal.
2 days ago
New tariffs will follow immediately if the court voids current ones.
2 days ago
Harvey was sure the answer was too weak as he knew women well enough.
2 days ago
The economist warned that the mounting debt, interest payments could push the U.S. into depression.
3 days ago
As per disclosures, Trump bought $2 million in bonds days before the announcement of a $82.7bn deal.
3 days ago
Harvey jokingly whispered to the contestant how she got it wrong.
3 days ago
While the player claimed he was covering for his family, Harvey wasn't convinced.
3 days ago
About 1.5 million subscribers were affected by the seven-hour-long outage.
6 days ago
The country in Trump's crosshairs accounts for roughly 4% of the global oil production.
6 days ago
Harvey made the joke at the risk of landing in trouble at home.
6 days ago
Harvey simply said "My Man!" as soon as he heard the player's response.
6 days ago
As president Trump pushes for measures to acquire the island, new poll shows Americans aren't sure.
7 days ago