Hoax Alert: 27-Year-Old Hedge Fund Manager DID NOT Win Powerball Jackpot

Fact Check

  • by: Alan Duke

Lead Stories' Trendolizer detected as trending a false report that one of the three winning Powerball tickets for the $1.6 billion jackpot was bought by a "27-year-old hedge fund manager Jared Price from Chino Hills, California." This is a hoax story published by a website that uses sensational untrue headlines to make money off gullible readers.

The hoax story says the California winner, who was already "one of the richest 'Under 30' making millions of dollars as the head of Spiegel International," purchased 15,000 Powerball tickets. "I picked my own numbers for the ticket," the fictional winner is quoted saying. "They were all random. Whatever numbers come into my head I pick. I never play the lottery, so this is all new to me."

"I already have more than anyone would ever need, so this is just icing on the cake," he allegedly said.

In truth, as of Thursday afternoon no one had publicly stepped forward to claim a share of the huge prize. Lottery officials have only said that they know three tickets were sold at a 7-Eleven in Chino Hills, California, Naifeh's Food Mart in Munford, Tennesse and at a Publix grocery in Melbourne Beach, Florida.

  Alan Duke

Editor-in-Chief Alan Duke co-founded Lead Stories after ending a 26-year career with CNN, where he mainly covered entertainment, current affairs and politics. Duke closely covered domestic terrorism cases for CNN, including the Oklahoma City federal building bombing, the UNABOMBER and search for Southeast bomber Eric Robert Rudolph. CNN moved Duke to Los Angeles in 2009 to cover the entertainment beat. Duke also co-hosted a daily podcast with former HLN host Nancy Grace, "Crime Stories with Nancy Grace" and hosted the podcast series "Stan Lee's World: His Real Life Battle with Heroes & Villains." You'll also see Duke in many news documentaries, including on the Reelz channel, CNN and HLN.

Read more about or contact Alan Duke

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