It appears Kristen Moriarty is a Texas Lottery winner after all.

There looks to be a settlement in the lawsuit filed by Moriarty against Texas Lottery Commission Deputy Executive Director Sergio Rey that has resulted in her being able to collect the winnings of an $83.5 million jackpot she claimed to have won in February.

A Rule 11 Agreement Letter from Moriarty’s attorney Randy Howry to Texas Assistant Attorney General Joe Nwaokoro was submitted Thursday to Travis County District Court detailing the terms of the settlement. Moriarty brought the lawsuit in late May, three months after matching all of the numbers for the Lotto Texas drawing on Feb. 17.

Per the terms of the agreement, Moriarty was to have completed the Texas Lottery Commission’s prize claim validations Thursday morning. The state agency would then pay Moriarty $45,889,188.92, which was the “cash value Jackpot Prize” of the Feb. 17 drawing.

Seventy-six percent of that amount, $34,875,783.82, would be paid directly to Moriarty via direct deposit to a Trust Account, while the remaining 24% — $11,013,405.10 — would be remitted to the IRS for the benefit of Moriarty per the TLC’s Rules.

The settlement brings an end to a near six-month saga that completely upended lottery play in the Lone Star State and heavily contributed to the eventual abolishment of the Texas Lottery Commission. While there will still be a state-run lottery in Texas, it will be overseen by the Texas Department of Regulation and Licensing effective Sept. 1.

The post Settlement Reached In $83.5 Million Texas Lottery Lawsuit, Disputed Winner Will Claim Full Prize appeared first on Casino Reports.