Illinois Lottery makes four lucky millionaires

Comment #4

justxploring — Wed, 19 Mar 2008 19:46:50 GMT

I do agree that winning a million dollars doesn't automatically make a person a millionaire. It really depends on what the winner's net worth is at the time. After taxes the prize isn't even close to a million, but many people either have equity in a house or own a car, have a 401K, etc.

I can't answer your question since I don't live in IL, but here the money is paid all at once. Still, no matter how bad the future looks to us, getting $50,000 a year for 20 years would be a real blessing to... [ More ]

Comment #3

Madmaxxxx — Wed, 19 Mar 2008 19:13:47 GMT

Nope. Illinois Lottery says ......

All Millionaire Raffle prizes will be paid in one payment. Odds are based upon 500,000 tickets sold. Overall odds of winning any prize are 1:982.32.

Comment #2

Steven948 — Wed, 19 Mar 2008 16:35:41 GMT

millionaries? congratulations to them but what they really won is a promise to be paid 50 thousand a year less taxes right

Comment #1

Todd — Tue, 18 Mar 2008 17:14:25 GMT

Congrats to the four winners! I'll bet it's the best St. Patty's Day you've ever had. Drink a little extra green beer -- you've earned it

Illinois Lottery makes four lucky millionaires

Todd — Tue, 18 Mar 2008 15:15:47 GMT

The Illinois Lottery held its second-ever Millionaire Raffle drawing yesterday, which instantly created four millionaires.

The winning numbers can be viewed at http://www.lotterypost.com/il-lottery-raffle-2008-03-17.asp

The raffle drawing was held on March 17th St. Patrick's Day a day traditionally thought of as lucky . Four millionaires will certainly think so.

In addition to four $1 million top prizes, the St. Patrick's Day Millionaire Raffle also awards five prizes of $100,000