Tag:

Annuity

Northampton, MA
News
Newly Minted Millionaire: Chester Woman Lands $2M Lottery Jackpot From Northampton Ticket Newly Minted Millionaire: Chester Woman Lands $2M Lottery Jackpot From Northampton Ticket
Newly Minted Millionaire: Chester Woman Lands $2M Lottery Jackpot From Northampton Ticket It was a lucky week for one Bay Stater who collected a $2 million lottery prize. Michelle Sivard, of Chester, won the seven-figure payout on a “$2,000,000 50X Cashword” ticket, the grand prize for the $10 scratch-off game. Related: Gloucester Man Lands First $1M Grand Prize In New Scratch-Off Game Sivard chose a lump-sum payment of $1.3 million instead of an annuity that would have paid the full $2 million over 20 years. She said she plans to use the money to upgrade her home and buy a new car. Sivard purchased the ticket at Cumberland Farms, 134 King St. in Northampton, which wil…

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by Josh Lanier
Perth Amboy, NJ
News
$1M Scratch Off Lottery Ticket Sold At Perth Amboy Food Market $1M Scratch Off Lottery Ticket Sold At Perth Amboy Food Market
$1M Scratch Off Lottery Ticket Sold At Perth Amboy Food Market A lottery player in Middlesex County had the ultimate spectacular playing New Jersey's new scratch off game. An Ultimate Spectacular ticket sold in Perth Amboy won one of nine $1 million top prizes on Tuesday, Feb. 11. This was the first $1 million prize won.  The ticket was sold at Big Pantry Food Market on Amboy Avenue. The player chose to accept an annuity.  An Ultimate Spectacular ticket features five game plays. Players reveal 10 winning numbers and 30 ultimate numbers, with a prize amount below each of the ultimate numbers play symbols.  If any of the ultimate nu…

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by Sam Barron
Roxbury, MA
News
Newly Minted Millionaire: Roxbury Man Eyeing New Wheels With Massive Payday Newly Minted Millionaire: Roxbury Man Eyeing New Wheels With Massive Payday
Newly Minted Millionaire: Roxbury Man Eyeing New Wheels With Massive Payday A new Massachusetts State Lottery ticket that went on sale last month had its first big winner this week.  Vatchel Younger, of Roxbury, won the first grand prize in the "$2,000,000 Diamond Cashword," a $10 scratch-off ticket. The game went on sale on Jan. 7.  Related: Massachusetts Man Lands $1 Million Payday On $20 Lottery Ticket Younger chose to take the lump sum payment of $1.3 million rather than the annuity, which would have paid out the entire jackpot over 20 years.  He said he plans to use the cash to buy a new car.  Younger bought the winning ticket at Shaw’…

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by Josh Lanier
Bethlehem, PA
Lifestyle
First-Ever $1,000 A Day For Life Cash4Life Prize Won In Northampton County: PA Lottery First-Ever $1,000 A Day For Life Cash4Life Prize Won In Northampton County: PA Lottery
First-Ever $1,000 A Day For Life Cash4Life Prize Won In Northampton County: PA Lottery A Cash4Life ticket sold in Northampton County has secured Pennsylvania’s first-ever $1,000-a-day-for-life prize, the Pennsylvania Lottery announced Monday, Jan. 6. The winning ticket from the Friday, Jan. 3 drawing matched all five white balls, 12-25-28-47-55, and the green Cash Ball 1. The prize is an annuity valued at \$365,000 a year for life or a lump-sum cash option of \$7 million, less applicable tax withholdings. The lucky ticket was sold at GIANT Food Stores, 837 Male Road, Wind Gap. The retailer will receive a $10,000 bonus for selling the winning ticket, lottery officials said. T…

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by Jillian Pikora
Fitchburg, MA
News
$1M Lottery Jackpot: Fitchburg Has Newly Minted Millionaire $1M Lottery Jackpot: Fitchburg Has Newly Minted Millionaire
$1M Lottery Jackpot: Fitchburg Has Newly Minted Millionaire This squeaky wheel is well-greased.  The Squeaky Wheel Trust has claimed a $1 million lottery jackpot. A trust allows the winner to remain anonymous.  Related: East Boston Woman Knows How She'll Spend Her $1 Million Jackpot The winner collected the payout by playing the Massachusetts State Lottery's “Lifetime Millions" game, a $50 scratch-off ticket.  They chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity.  Honey Farms at 487 Princeton Road in Fitchburg sold the ticket. The store will get a $10,000 bonus for the sale. 

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by Josh Lanier
Glen Burnie, MD
Lifestyle
Winning $1.8M 'Multi-Match' Ticket Sold At Prince George's County Market Winning $1.8M 'Multi-Match' Ticket Sold At Prince George's County Market
Winning $1.8M 'Multi-Match' Ticket Sold At Prince George's County Market Mom always knows best.  A Prince William County nurse who says she only plays Lottery games once or twice a year has her mother to thank for a $1.8 million cash windfall. The Bowie woman was at a gas station with her mom at the Chesapeake Market at 12300 Annapolis Road in Glen Dale when she was talked into purchasing a random ticket for a random game.  She chose a Multi-Match ticket, and it paid off in a big way, though they didn't realize it at first. The rookie Lottery player handed off the ticket to her mother before the two went their separate ways. It wasn't until she…

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by Zak Failla
Hackensack, NJ
News
Maywood Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG Maywood Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG
Maywood Financial Advisor Who Sold $3.65M Deal To Elderly Clients Has License Revoked: AG State officials have revoked the licese of a Bergen County financial advisor and broker after it came to light that he sold a pair of elderly clients a total of $3.65 million in a move that New Jersey Attorney General Matthew Platkin said was not in the best interest of the clients. Carlos Leston, who also goes by Jose Carlos Leston, of Maywood, made the sale in securities in a New York Lending company without disclosing that the CEO of the corporation was a friend of his who had been barred from the securities industry, Platkin said. Leston also failed to disclose that he had a r…

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by Cecilia Levine
Dedham, MA
News
Lottery Luck: Dedham Man Wins $25K A Year For Life Lottery Luck: Dedham Man Wins $25K A Year For Life
Lottery Luck: Dedham Man Wins $25K A Year For Life A good day has made one Massachusetts man lucky for life.  Joseph Lacey, of Dedham, recently claimed the $25,000 a year for life in the Lucky for Life drawing when he correctly guessed all five numbers in the Friday, Sept. 20, drawing. Click here to see the winning numbers.  Related: $1 Million Lottery Ticket Sold In Quincy Lacey chose to take the lump sum payment of $390,000 (before taxes) rather than the annuity.  He said he plans to buy a motorcycle with the money and share the rest with his wife.  Lacey bought the Quic Pick ticket at Boston Elks Lodge #1…

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by Josh Lanier
Quincy, MA
News
$1M Lottery Jackpot: Winning Ticket Sold In Quincy $1M Lottery Jackpot: Winning Ticket Sold In Quincy
$1M Lottery Jackpot: Winning Ticket Sold In Quincy It was a very lucky day for one Bay Stater after they won $1 million in the Massachusetts State Lottery on Thursday, Sept. 19.  The End of Summer Trust collected the cash for the winner. They won the seven-figure payday playing the “777” game, a $10 scratch-off ticket.   Related: Braintree Man Preps For Future With $1 Million Lottery Win The winner chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity.  They bought the winning ticket at Family Convenience at 263 Water St. in Quincy. The store will get a $10,000 bonus for the sa…

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by Josh Lanier
Waldorf, MD
Business
Winning $10K 'Mega Millions' Ticket Sold At Waldorf Grocery Store; Jackpot Hits $527M Winning $10K 'Mega Millions' Ticket Sold At Waldorf Grocery Store; Jackpot Hits $527M
Winning $10K 'Mega Millions' Ticket Sold At Waldorf Grocery Store; Jackpot Hits $527M One lucky Lottery player in Maryland is sitting on a ticket worth $10,000 after picking up some groceries.  A Mega Millions winner didn't hit the jackpot - which rolled to more than a half billion dollars - but won a five-figure prize on a ticket sold at the Shoppers grocery store on Smallwood Drive in Waldorf. The winning numbers for the Tuesday, Aug. 20 drawing were: 05-20-26-49-51 with a Mega Ball of 24. It was one of 23 third-tier winners of $10,000 across the country. The jackpot for the next Mega Millions drawing on Friday, Aug. 23 has an estimated annuity value of $5…

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by Zak Failla
Middletown, NJ
News
$1.13B Mega Millions Ticket Unclaimed More Than Three Months After NJ's Record Jackpot $1.13B Mega Millions Ticket Unclaimed More Than Three Months After NJ's Record Jackpot
$1.13B Mega Millions Ticket Unclaimed More Than Three Months After NJ's Record Jackpot The winner of a Mega Millions ticket purchased in New Jersey hasn't claimed the $1.13 billion prize more than three months after the record-setting jackpot, officials said. The winning ticket was sold at the ShopRite Wine & Spirits on Route 66 in Neptune for the drawing on Tuesday, Mar. 26. The New Jersey Lottery said the prize remained unclaimed in a news release on Monday, July 8.  The jackpot was the largest lottery prize ever in the Garden State. It's also the fifth-largest in Mega Millions history and the ninth-largest ever in the U.S. The winning numbers were …

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by Chris Spiker
Egg Harbor Township, NJ
News
Gambler Hits $1.593M Slot Machine Prize During First Trip To Atlantic City Casino Gambler Hits $1.593M Slot Machine Prize During First Trip To Atlantic City Casino
Gambler Hits $1.593M Slot Machine Prize During First Trip To Atlantic City Casino A lucky first-time guest at an Atlantic City casino won nearly $1.6 million playing a slot machine, officials said. The anonymous out-of-state visitor won $1.593,457.33 from a wide-area progressive jackpot at Hard Rock Hotel & Casino Atlantic City, the resort said in a news release on Monday, July 1. The slot player bet $10 on the one-dollar Wheel of Fortune slot machine. The winner had only wagered $87 before hitting the massive prize, which will be paid in a 20-year annuity. The victorious bettor declined to be identified publicly. The $1,593,457 prize is among th…

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by Chris Spiker
Torrington, CT
Lifestyle
Gift That Keeps Giving: Lucky For Life Lottery Ticket Worth $25K Sold At This CT Supermarket Gift That Keeps Giving: Lucky For Life Lottery Ticket Worth $25K Sold At This CT Supermarket
Gift That Keeps Giving: Lucky For Life Lottery Ticket Worth $25K Sold At This CT Supermarket A lucky shopper at a Connecticut supermarket walked away with much more than groceries, lottery officials announced.  A second-prize-winning Lucky for Life ticket was sold in Litchfield County for the drawing on Sunday, June 23 at the Big Y supermarket in New Milford at 1 Kent Rd., according to the Connecticut Lottery Corporation.  The winning numbers were 3-5-23-43-46.  The winner will now receive "For Life" prizes for the rest of their life, lottery officials said, adding that at a minimum, 20 years of payments are guaranteed but that payments could last much longer d…

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by Ben Crnic
Springfield, MA
News
$25K A Year For Life: Western Mass Man Wins Lottery Jackpot That Keeps Giving $25K A Year For Life: Western Mass Man Wins Lottery Jackpot That Keeps Giving
$25K A Year For Life: Western Mass Man Wins Lottery Jackpot That Keeps Giving A Western Mass Man recently won a lottery jackpot that will pay him off for the rest of his life.  Jacky Huang, of West Springfield, won the $25,000 a year for life prize as part of the multi-state Lucky for Life game. He matched all five numbers in the June 10 drawing.  He said he played his family members' birthdays for the numbers.  Huang chose to take the annuity payments of $25,000 (before taxes) that will run for the rest of his life, the Massachusetts State Lottery said.  He plans to put the money toward his sister's college tuition.  He bought the ticket …

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by Josh Lanier
Worcester, MA
Lifestyle
Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret
Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret The only thing better than winning the lottery is doing it anonymously. There are countless stories of lottery winners who've gone bankrupt in part from empty-handed "friends" or scammers looking for a rich target.  In Massachusetts, winners must divulge their names and pose with novelty checks boasting their jackpot amount unless they create a trust to collect their cash. Attorney David Spillane, a partner at the Quincy-based law firm SKB Attorneys, who's done nearly 100 of these trusts, connected us with some of those winners who chose to keep their paydays a secret to see what life …

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by Josh Lanier
Brookfield, CT
Lifestyle
$50,000 Powerball Ticket Sold in Connecticut $50,000 Powerball Ticket Sold in Connecticut
$50,000 Powerball Ticket Sold in Connecticut It wasn’t the first-place prize worth $700 million, but a winning Powerball ticket was sold in Connecticut that will net a lotto player with a cool $50,000. Following more than three dozen Powerball drawings without a winner, a ticket matched all six numbers during the latest to claim the $699.8 million that was sold out of Morro Bay in California. The winning numbers on the latest Powerball drawing were 12-22-54-66-69 with a Powerball of 15. The Power Play was a 2X. The $699.8 million prize is if the winner chooses the annuity option, which will be paid over 29 years. If the winner opts…

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by Zak Failla