Charlotte Man Wins $1.16 Million Lottery Jackpot

Malkhaz Dzhobadze of Charlotte hit the jackpot on Tuesday night by winning $1,159,355 in the NC Education Lottery’s Cash 5 game.

Lucky Purchase at Food Lion

Dzhobadze purchased his winning ticket from the Food Lion on Idlewild Road in Charlotte. This small investment of $1 paid off handsomely when his ticket matched all five numbers drawn in the Cash 5 game. The odds of matching all five numbers in this game are 1 in 962,598, making his win particularly noteworthy.

Claiming the Prize in Raleigh

On Wednesday, Dzhobadze traveled to the NC Lottery headquarters in Raleigh to claim his prize. After mandatory federal and state tax withholdings, he received $828,943.

How the Cash 5 Game Works

The Cash 5 game is a daily draw game in North Carolina. Players choose five numbers between 1 and 43, and if all five numbers match the ones drawn, the player wins the jackpot. The jackpot starts at $100,000 and increases until it is won. The game’s simplicity and the potential for significant prizes make it a popular choice among lottery players in the state.

Lottery Statistics and Trends

Lottery games like Cash 5 contribute significantly to state revenue. In North Carolina, the lottery generated over $729 million for education in fiscal year 2023. These funds support school construction, pre-kindergarten programs, college scholarships, and other educational initiatives.

Winning a lottery prize is a rare event, with odds often stacked heavily against players. For example:

  • The odds of winning the Powerball jackpot are 1 in 292.2 million.
  • The odds of winning the Mega Millions jackpot are 1 in 302.6 million.

Despite these long odds, the appeal of potentially life-changing winnings continues to drive ticket sales.

Recent Wins in North Carolina

Dzhobadze’s win is part of a series of notable lottery wins in North Carolina. Recently, a man from Kernersville won $4 million after buying a $3 ticket. These stories highlight the unpredictable nature of the lottery and the excitement it generates among participants.

Where to Find Lottery Information

Lottery enthusiasts can watch the drawings on various platforms:

  • Mega Millions drawings are broadcast at 11 p.m. on Tuesdays and Fridays.
  • Powerball drawings occur at 10:59 p.m. on Mondays, Wednesdays, and Saturdays.
  • The NC Education Lottery drawings are held every night at 11:22 p.m.

Results are also available online and through local news outlets, providing multiple ways for players to stay updated on the latest numbers and winnings.

Encouragement for Responsible Play

While winning the lottery can be life-changing, it’s important to remember to play responsibly. The thrill of the game should be balanced with an understanding of the odds and the potential financial impact. Lottery funds do support vital state programs, but individual players should participate within their means.

To stay informed and try your luck, download The Local News App on your phone by clicking download on the prompt. Keep up with the latest news, lottery results, and more, all in one convenient place.

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