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China’s Biggest Lottery Winner Steps Forward

Americans like to think they invented state run lotteries, but the truth is that the Hun Dynasty in China first created a Keno-like lottery game in 100 B.C., primarily to finance construction of the Great Wall.

More than 2,000 years later the government now runs a lottery much like our own. And a few weeks ago, they had their biggest winner ever.

But when Lao Yang won 82.34 million yuan (U.S. $11.76 million) he collected his money under police guard. He also came disguised in a mask, wig, hat and sunglasses, reported the Chongqing Evening News.

The lottery center staged a small ceremony for Lao Yang after verifying the authenticity of his ticket and filling out the paperwork. The whole process was supervised by the municipal notaries and policemen.

After taxes, Lao Yang received 65.936 million yuan, or US $9.42 million, in cash. For safety purposes, Lao Yang also asked for a police escort to deposit the money at his bank.

Lao Yang was reportedly very nervous answering reporters’ questions. He said that his wife still has no idea that he won the lottery, and even he can’t believe his luck. He says he intends to invest the money in his business.

In The Money:

ß Friday night’s MEGA MILLIONS jackpot is $12 milliion.

ß NO ONE won Wednesday night’s POWERBALL jackpot, so the top prize rolls to $154 million on Saturday. That’s the top jackpot being offered in the world at the moment. The drawing is at 10:59 p.m. eastern time.We’ll let you know if someone won as soon as I get word from MUSL, the Multi-State Lottery organization that runs POWERBALL.

SECOND TIER: Nine POWERBALL players matched the first five numbers for at least a $200,000 prize: 1 from Connecticut, 1 from Washington, D.C. (with Power Play), 1 from Indiana, 1 from Kentucky, 1 from Louisiana, 1 from Maine, 1 from North Carolina (with Power Play) and 2 from Pennsylvania.

STATS and FACTS:

TOP POWERBALL RECORD JACKPOTS

1. $365,000,000 Feb. 18, 2006 ConAgra Foods Co-Workers, Nebraska
2. $340,000,000 Oct. 19, 2005 Steve & Carolyn West, Bob & Francis Cheney, Oregon
3. $314,924,354 Dec. 25, 2002 Jack Whittaker-Scotts Depot, West Virginia
4. $314,305,920 Aug. 25, 2007 Coterel & Hiles Family, Indiana
5. $295,700,932 July 29, 1998 The Lucky 13, Columbus, Ohio