Welcome!

News Feed Item

Powerball Winner to Use $425 Million to Travel, Start Charity

Wants to Live Normal Life After Winning 6th Largest Powerball Jackpot in History

SAN FRANCISCO, April 1, 2014 /PRNewswire/ -- Ray Buxton, the winner of the $425 million Powerball lottery, wants to use his new found fortune to travel and start a foundation to do good by fighting child hunger and promoting pediatric health and education.  

Singer Associates

Buxton claimed his prize today from the California Lottery and is still overwhelmed with excitement. "Unbelievable" is the best word, he said, to describe his winning the sixth largest Powerball jackpot in history.

"Once the initial shock passed I couldn't sleep for days," is how the senior citizen described his feelings after realizing on Feb. 19 that he was sole ticket winner. 

Since winning, he said, he has sat in front his computer in disbelief frequently re-checking the numbers across multiple sources. While validating the numbers at the California Lottery web site, he came across the "I Won! Now What? Winners Handbook," and started to put a plan in motion. As advised in the handbook, it took some time to solidify legal and financial representation.

Buxton said his short term goals are to "spend time with my family and friends, start a charity and consult with professionals on how to pragmatically utilize this windfall." 

"My longer term plan is trying to find a way to live a normal and discreet life," Buxton added. 

Who was the first person he told about winning? Nobody, he said. 

"Sitting on a ticket of this value was very scary. It's amazing how a little slip of paper can change your life. I'm going to enjoy my new job setting up a charitable foundation focused on the areas of pediatric health, child hunger and education," he added. 

Buxton estimates he has been playing the lottery for 20 years. He beat the odds, which were one in 175 million, to become the winner of the $425.3 million Powerball Lottery on Feb. 19. He purchased his ticket at the Dixon Landing Chevron in Milpitas.  His winning Powerball numbers were 17, 49, 54, 35, and 1, with a Powerball number of 34.

He said he played the lottery regularly under the mantra: "You can't win if you don't play." The Feb. 19 Powerball jackpot was big – so he decided to test his luck twice purchasing a second ticket for the week's draw. He had previously purchased an entry for the draw, but luckily chose to purchase a second Powerball ticket while picking up food at the Subway inside Milpitas Chevron on California Circle. It was a smart choice because he ended up matching six of six Powerball numbers to win.

He has selected the cash option, which according to Lottery officials, is around $242.2 million before Federal taxes.

Buxton waited until today to claim his prize. Since winning in February, he has been working with his attorney Susan von Herrmann at the law firm of Schiff Hardin LLP to establish bank accounts, a charity, and work on tax issues.   

Buxton does not want to do media interviews at this time and referred all media to his public relations representative Sam Singer of Singer Associates Public Affairs and Public Relations in San Francisco.  Phone: 415-227-9700. Email: [email protected]

This release is issued by Singer Associates on behalf of Ray Buxton.

Contact: Sam Singer
Singer Associates
Office:415.227.9700
Cell: 415.336.4949
Email: [email protected]

Logo - http://photos.prnewswire.com/prnh/20140401/SF95904LOGO

SOURCE Singer Associates on behalf of Ray Buxton

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Father business cycles and digital consumers are forcing enterprises to respond faster to customer needs and competitive demands. Successful integration of DevOps and Agile development will be key for business success in today’s digital economy. In his session at DevOps Summit, Pradeep Prabhu, Co-Founder & CEO of Cloudmunch, covered the critical practices that enterprises should consider to seamlessly integrate Agile and DevOps processes, barriers to implementing this in the enterprise, and pr...
Sensors and effectors of IoT are solving problems in new ways, but small businesses have been slow to join the quantified world. They’ll need information from IoT using applications as varied as the businesses themselves. In his session at @ThingsExpo, Roger Meike, Distinguished Engineer, Director of Technology Innovation at Intuit, showed how IoT manufacturers can use open standards, public APIs and custom apps to enable the Quantified Small Business. He used a Raspberry Pi to connect sensors...
The principles behind DevOps are not new - for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people. In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to...
Data-as-a-Service is the complete package for the transformation of raw data into meaningful data assets and the delivery of those data assets. In her session at 18th Cloud Expo, Lakshmi Randall, an industry expert, analyst and strategist, will address: What is DaaS (Data-as-a-Service)? Challenges addressed by DaaS Vendors that are enabling DaaS Architecture options for DaaS
One of the bewildering things about DevOps is integrating the massive toolchain including the dozens of new tools that seem to crop up every year. Part of DevOps is Continuous Delivery and having a complex toolchain can add additional integration and setup to your developer environment. In his session at @DevOpsSummit at 18th Cloud Expo, Miko Matsumura, Chief Marketing Officer of Gradle Inc., will discuss which tools to use in a developer stack, how to provision the toolchain to minimize onboa...
DevOps is not just last year’s buzzword. Companies with DevOps practices are 2.5x more likely to exceed profitability, market share, and productivity goals. But how do you enable high performance? What can you do right now to start? Find out from DevOps experts including Gene Kim, co-author of "The Phoenix Project," and the Dynatrace Center of Excellence.
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Avere delivers a more modern architectural approach to storage that doesn’t require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbuilding of data centers ...
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
SYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad...
Recognizing the need to identify and validate information security professionals’ competency in securing cloud services, the two leading membership organizations focused on cloud and information security, the Cloud Security Alliance (CSA) and (ISC)^2, joined together to develop an international cloud security credential that reflects the most current and comprehensive best practices for securing and optimizing cloud computing environments.
Companies can harness IoT and predictive analytics to sustain business continuity; predict and manage site performance during emergencies; minimize expensive reactive maintenance; and forecast equipment and maintenance budgets and expenditures. Providing cost-effective, uninterrupted service is challenging, particularly for organizations with geographically dispersed operations.