20-year-old Florida man claims $450 million lottery jackpot

What happens when you win the lottery?

A 20-year-old in Florida has hit the jackpot.

State lottery officials said Friday in which Shane Missler of Port Richey, a Tampa suburb, came forward to claim the $450 million Mega Millions grand prize, which he won in a drawing one week ago.

The Mega Millions jackpot swelled to impressive heights ahead of Missler’s win, in part because of a recent rule change in which makes winning the jackpot more difficult. Twenty-three drawings rolled by before Missler’s ticket lined up perfectly with all several numbers plus the Mega Millions ball within the January 5 drawing.

Missler declined to pose for photos or conduct an interview, although he hinted at his plans for the money in a statement provided by the Florida lottery.

“I’m only 20, although I expect to use in which to pursue a variety of passions, help my family in addition to do some not bad for humanity,” he said.

The statement also says Missler “wasn’t genuinely surprised” when he realized he landed the jackpot: He had “a feeling” he would certainly get lucky.

Related: Biggest lottery jackpots in U.S. history

The first order of business, he said, was to tell his brother. “Then, he shared the news with his father over coffee the next morning,” according to the Florida lottery’s Discharge.

The $450 million prize marked the fourth-largest in Mega Millions history in addition to the 11th-largest jackpot in U.S. history.

Missler, however, won’t receive the full amount. Lottery winners only receive the jackpot’s advertised amount if they choose to accept the prize via a 30-year annuity.

Like most winners, Missler chose to accept his winnings in a lump sum. in which meant his prize totaled $281,874,999. Financial advisers typically recommend accepting the lump sum. The thinking goes in which if the money will be wisely invested, the returns can amount to a much larger payout over the next three decades.

in addition to Missler accepted his prize money through an LLC — named Secret 007, a lottery spokesperson confirmed to sy88pgw.

Public records show the LLC was established two days ago, on January 10, so in which’s likely Missler set up the firm to accept his lottery winnings.

in which’s smart financial planning, says Florida financial adviser Mari Adam.

“If he went to an attorney, any decent attorney would certainly probably encourage someone who will be about to receive in which much money to do some estate planning,” Adam said.

Setting up an LLC, she added, can help “protect what he has by frivolous lawsuits” or creditors, should Missler find himself in debt.

sy88pgw (brand new York) First published January 12, 2018: 5:48 PM ET

20-year-old Florida man claims $450 million lottery jackpot

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