$241 million winning lottery ticket sold in Cedar Rapids - KWWL - Eastern Iowa Breaking News, Weather, Closings

Update: Employee says $241 million PB winner sold to Quaker Oats workers

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CEDAR RAPIDS (KWWL) -

The Quaker Oats campus in Cedar Rapids was buzzing all day with rumors.

"There was talk about it," said one employee leaving work.

"Everybody was all smiles," added another.

Thursday night, those rumors appeared to be confirmed.  Multiple employers say that a group of around 20 working in the company's shipping and receiving department pitched in on a ticket and won Wednesday's $241 million dollar Powerball jackpot.

Officials say the winning ticket was sold at the Hy-Vee on Edgewood and Blairsferry in Cedar Rapids.

Store director Jamie Franck was stunned to get the call from the Iowa lottery Thursday morning.

"I'm thinking 20, 30, 40 million. I don't watch it real, real close, and she goes the jackpot was $241 million dollars, and I was speechless for a little bit."

The winning ticket marks the largest of seven Powerball winners in the state's history.

Dave Rinderknecht bought one of 692 plays at the store for Wednesday night's jackpot.  He, like many others, disappointed to hear it wasn't him.

"Hey that would have been a little bit extra, that would have been nice," Rinderknecht said.

But nobody feeling more unlucky maybe than Judy Long.

She shops regularly at the Edgewood Hy-Vee and had never missed a Powerball drawing this year until Wednesday's.

"I wish it would have been me, but I just hope that whoever got it, needs it," she said.

Thursday night, nobody had officially come forward to claim the winnings. 

The winning ticket will have to be cashed in at Iowa Lottery headquarters in Des Moines.

Lottery officials had a bit of advice for the winners.

"We encourage our jackpot winners to consult a financial or legal adviser before claiming a prize of this size," Terry Rich, Iowa Lottery CEO, said in a written statement. "This truly is a life-changing amount of money and we want our winners to have the information they'll need as they make their decisions. Whoever has the winning ticket should sign it immediately if they haven't already done so for safe keeping."

Rich also says the winner should keep the ticket in a secure place until presenting it to claim the jackpot.

The winner, or winners, can choose to receive the jackpot in annuitized payments over time or as a one-time, lump-sum payment. If the player chooses the annuity option, it will be made in 30 payments over 30 years totaling $241 million before taxes, with the annual amount increasing over time to accommodate for inflation.

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