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Powerball winner selling South Dakota home he built with prize money

Property among most expensive ranches in South Dakota

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A South Dakota cowboy who won a $232.1 million Powerball prize is looking to sell the impressive ranch he built with some of his winnings.

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Neal Wanless was just 23 in 2009 when he won the Powerball jackpot, which paid out $88 million in cash after taxes.

Neal Wanless won a Powerball jackpot in 2009. (Hall and Hall)

Now, Wanless’s $41.15 million ranch is among the most expensive ranches in South Dakota. It’s named Bismarck Ranch after a trail that dates back to the Black Hills gold rush.

The 47,883-acre property is located 51 miles north of Rapid City and spans from the Belle Fourche River to grassy hills, according to the listing with Robb Nelson of Hall and Hall. It has four homes Wanless added, including luxury homes he built for himself and for his mother.

This South Dakota ranch will be among the priciest ever sold in the state if it sells for its $41.15 million asking price. (Hall and Hall)

The main house is 6,500 square feet with five bedrooms and five bathrooms, according to the listing. The Western-style home includes a balcony that spans the full length of the home’s rear.

Inside, it features vaulted ceilings, multiple fireplaces, in-floor heating, fine finishes, a bar and a theater. The main-floor master suite includes a large walk-in closet, private bathroom and a fireplace. The walk-out basement opens to a fire pit.

The 47,883-acre property is located 51 miles north of Rapid City and spans from the Belle Fourche River to grassy hills.

Winner of $232.1M Powerball Lists South Dakota Ranch for $41.2M

Neal Wanless, the South Dakotan who won a sizable Powerball jackpot in the late 2000s has listed the 50,000-acre ranch he compiled in the years following the drawing. This summer, Wanless listed the estate—which is called the Bismarck Trail Ranch, and situated in the Southeast corner of South Dakota—for $41.15 million.

The property includes 41,822 deeded acres, give or take. It also includes land leased from the state and the Bureau of Land Management. It is located about 50 acres from Rapid City.

The ranch land features grassy hills, and frontage on the Belle Fourche River. The listing information calls it a ‘luxury working ranch’; it certainly fits the description, with extensive agricultural land and livestock facilities. About 875 acres of the land on the property is irrigated by a spare-no-expense system of stock tanks, dams, wells, and pipeline.

There are four homes on the ranch, all custom-built by Wanless. The property is divided into East and West sections; the houses are situated across the river. Although there are no interior photos of the homes, the owner’s residence appears to be a three-level structure with an exterior of stone and wood.

Wanless won the jackpot of $232.1 million in the May 27, 2009 Powerball drawing. He elected to take the one-time payment, which amounted to just over $118 million; after taxes, he netted an estimated $88.5 million. He began to build his dream ranch within months of claiming his prize.

Winner of $232.1M Powerball Lists South Dakota Ranch for $41.2M Neal Wanless, the South Dakotan who won a sizable Powerball jackpot in the late 2000s has listed the 50,000-acre ranch he compiled ]]>