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R77 Million Powerball Winner Claims Prize Immediately, Plans to Pay Off Home Loan

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Picture: Ithuba

A South African man wasted no time claiming his massive R77 million Powerball jackpot prize after being notified by his bank the morning following the draw. The man, who is married, shared his disbelief upon receiving the life-changing news.

“They notified me of my big win. Both my wife and I couldn’t believe it at first. I went straight to the Ithuba offices to verify the news. I am so happy and relieved about this win—it’s going to change my life forever.”

The lucky winner claimed a total prize of R77,428,794.30 from the November 26, 2024, Powerball draw.

The jackpot winner has big plans for his newfound fortune.

“I am finally going to start the business I have dreamt about for so long but didn’t have the financial muscle to get going. I’ll also pay off our home loan and invest in the future of our children.”

Despite his excitement, he is taking a cautious approach to managing his winnings. “I want to take my time thinking about this. I plan to have several sessions with a financial advisor so I can make informed decisions about how to spend and invest this money wisely,” he added.

The man purchased his winning ticket via a banking app, spending R90 and selecting his numbers manually. Ithuba CEO Charmaine Mabuza congratulated the winner and highlighted the convenience of using digital platforms.

“This incredible win highlights the ease and security of playing the National Lottery through banking apps. We are thrilled for the winner and remain committed to delivering a world-class lottery experience through continuous innovation and accessibility.”

Ithuba reminded all players that winnings are paid out within 72 hours of a valid claim and are completely tax-free. This remarkable win is a testament to the possibilities offered by the National Lottery and serves as an inspiring story for many hopefuls across the country.

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