You last visited July 5, 2009, 10:05 pm
|
Largest Texas Lottery jackpot claimed by trust
Mega Millions: Largest Texas Lottery jackpot claimed by trust
Rating:
The winners of the largest Mega Millions jackpot ever won on a ticket sold in Texas have stepped forward to collect their prize money. A partnership calling itself the H&H Trust of Dallas claimed the $128 million jackpot from the July 6 drawing on the multistate game, the Texas Lottery Commission says. "We were daydreaming about winning the lottery and taking some time off," one member of the trust, which collected its winnings July 18, said in a news release provided by the commission. "We checked the ticket just for fun." The winning numbers were listed: 3, 9, 12, 25, 47 and the Mega Ball 37. The $128 million jackpot set a record as the largest Mega Millions haul in Texas, but it's not the most money ever awarded by a lottery game in the state. The June 19, 2004, Lotto Texas drawing reached $145 million. Mega Millions is played in 11 states. Texas joined in late 2003. The jackpot in Friday's drawing was $77 million.
Star-Telegram
We'd love to see your comments here! Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums.
If you're already a member, you can Log In to post a comment.
9 comments. Last comment 2 years ago by .
United States Member #15415 May 10, 2005 300 Posts Offline |
| Posted: August 4, 2007, 11:31 pm - IP Logged |
|
Congrats to the H&H trust!
|
|
|
nashville United States Member #50355 February 18, 2007 907 Posts Offline |
| Posted: August 5, 2007, 12:56 am - IP Logged |
|
congrats to the winners, the trust sounds like a great choice
|
|
|
Atlanta United States Member #29025 December 20, 2005 5582 Posts Offline |
| Posted: August 5, 2007, 1:30 am - IP Logged |
|
WTG! Smart bets...... Equal Phat Pocket$!
|
|
|
Coastal Georgia United States Member #2703 October 30, 2003 1868 Posts Offline |
| Posted: August 5, 2007, 9:56 pm - IP Logged |
|
congrats to the winners, the trust sounds like a great choice Yes indeed........ A very smart group of winners !
|
|
|
|
United States
Member #16902
June 2, 2005
3493 Posts
Offline
|
| Posted: August 7, 2007, 12:25 pm - IP Logged |
|
I hope their partnership trust in Texas doesn't have financial problems later in life. Did they choose the cash option or payments?
|
|
|
Sunny SW Florida United States Member #25708 November 5, 2005 4339 Posts Offline |
| Posted: August 7, 2007, 6:52 pm - IP Logged |
|
I hope their partnership trust in Texas doesn't have financial problems later in life. Did they choose the cash option or payments? They chose to take 26 annual payments. The story on the Texas Lottery site says (in green below) When asked about their plans for the money, a trust member responded quickly, "I want to travel!" Of course, a cruise to Alaska or along the Mississippi is more fun than eight hours at the office any day. However, members of the trust also see this as an opportunity to concentrate on volunteer work in the community. Plus, by choosing the annuity option, the winners are guaranteed 26 annual pay days, whether they decide to show up for work or not.
|
|
|
Coastal Georgia United States Member #2703 October 30, 2003 1868 Posts Offline |
| Posted: August 7, 2007, 8:15 pm - IP Logged |
|
They chose to take 26 annual payments. The story on the Texas Lottery site says (in green below) When asked about their plans for the money, a trust member responded quickly, "I want to travel!" Of course, a cruise to Alaska or along the Mississippi is more fun than eight hours at the office any day. However, members of the trust also see this as an opportunity to concentrate on volunteer work in the community. Plus, by choosing the annuity option, the winners are guaranteed 26 annual pay days, whether they decide to show up for work or not.
Wow, it seems unusual for a partnership to take the annuity. Maybe that just works best for their particular situation.... It's too bad ( NOT ) that we don't have CASH ONLY around any more- he would have a cardiac arrest with this news...
|
|
|
United States Member #24723 October 21, 2005 598 Posts Offline |
| Posted: August 13, 2007, 11:34 pm - IP Logged |
|
A Nnui a WHAT!!! Why? Nothing that looks like it is going to spell annuity would cross my mind with a jackpot, trust or no trust; lottery pool or no lottery pool If he/she dies, what will the pool do with his share if he/she does not have a living relative to leave it to?
|
|
|
Kentucky United States Member #33045 February 14, 2006 1302 Posts Offline |
| Posted: August 14, 2007, 12:27 am - IP Logged |
|
A Nnui a WHAT!!! Why? Nothing that looks like it is going to spell annuity would cross my mind with a jackpot, trust or no trust; lottery pool or no lottery pool If he/she dies, what will the pool do with his share if he/she does not have a living relative to leave it to? It is odd that a group of people would take the annuity unless this group is under 5 people. And that brings up another question. What would an employer do if all but *one of his employees were in a lottery pool and hit a huge MM or PB jackpot? *There is always one guy telling the rest they are wasting their money.
|
|
|
|