A lucky Powerball ticket holder in Arkansas has won an estimated $1.8 billion jackpot, the second largest in US lottery history, after matching all six numbers in Monday’s drawing.

The winning ticket, sold at a Murphy USA gas station in Cabot, Arkansas, matched 4, 25, 31, 52, 59, and the red Powerball 19, ending a record-breaking drawing cycle.

Most winners opt for the lump sum payment, in this case, $834.9 million before taxes, rather than receiving one payment upfront followed by 29 annual escalating payments.

The win puts the spotlight on the Little Rock suburb of about 27,000 residents, though the winner’s identity may remain a mystery for some time.

Keeping the windfall private

Arkansas is one of a growing number of states that allow lottery winners to remain anonymous. Since 2021, the state has permitted winners of prizes over $500,000 to shield their identities, though those names become public after three years. Winners claiming prizes over $1 million must appear in person at Arkansas’s claim center, according to the Arkansas Scholarship Lottery.

Other states offer similar protections. New Jersey, Georgia, and Arizona have anonymity laws, while Florida allows winners to claim prizes through a blind trust or LLC. In 2023, an entity called Saltines Earnings LLC claimed a $1.6 billion Mega Millions jackpot in Florida, effectively hiding the actual winner’s identity.

The ability to stay anonymous isn’t just about privacy — it can be a matter of safety and financial survival. Winners often face threats and relentless requests for money. Even without outside pressure, the sudden influx of wealth has financially destroyed some jackpot winners who weren’t prepared to manage it.

Advice for navigating sudden wealth

Financial experts recommend winners immediately assemble a team of lawyers and financial advisors experienced with high-net-worth clients. Equally important, they say, is a mental health professional to help manage the psychological upheaval that comes with sudden fortune.

Priority moves include paying off debts like student loans and car payments and making strategic charitable donations for tax deductions.

The first drawing in the new Powerball cycle is set for Saturday at 10:59 p.m. ET.