Eagle Liquor, pictured at left, sold the winning $338 million Powerball ticket over the weekend.

$338 Million Powerball Ticket Sold at Tiny NJ Liquor Store

Winner of enormous prize hasn't come forward yet.

Eagle Liquor, pictured at left, sold the winning $338 million Powerball ticket over the weekend.

Eagle Liquors, pictured at left, sold the winning $338 million Powerball ticket over the weekend.

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The owner of a small Passaic, N.J., liquor store is ecstatic that his shop sold the winning $338 million Powerball ticket. The winner has yet to come forward, so it's unclear if the winner is a down-on-their luck panhandler or an affluent local suburbanite.

On Monday morning Sunil Sethi, the store owner, was informed of the news, which comes with a $10,000 award for the store.

"He (or she) don't have to work no more," The Star-Ledger quoted Sethi as saying. "If he is living in Passaic, he's definitely moving out."

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New Jersey lottery officials are advising the winner to sign the back of the winning ticket as soon as possible. The lump-sum value of the ticket is $221 million—$152 million after taxes—USA Today reports.

"Whoever they are should sign the back of that ticket immediately and keep it in a safe place," advised New Jersey Lottery executive director Carole Hedinger.

Approximately 27.5 percent of Passaic's population lives in poverty, according to the U.S. Census Bureau's 2006-2010 American Community Survey.

Powerball tickets are sold by 44 state lotteries. The highest-value Powerball drawing was in November 2012, with the jackpot at $587.5 million. That prize, however, was jointly won by Missouri and Arizona ticket-buyers, who split the prize.

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