Connecticut lottery winners settle $1 million battle
Money doesn't always buy happiness especially when it involves two friends fighting over a winning Powerball ticket.
Last week, Armando Martins, a drywall installer from Trumbull and Nino Nascimento, a local mason, agreed to settle their three-year legal battle in state Superior Court over a $1 million winning ticket.
Under the terms of the settlement, reached before Judge Barbara Bellis, Martins will get $630,000 while Nascimento gets $370,000.
Both Martins and Nascimento declined comm ...
Jan 30, 2012, 7:41 am - Lottery News forum
Connecticut Lottery draws $1M Super Draw raffle
By Todd Northrop
The Connecticut Lottery today held the state's third Super Draw raffle drawing, creating one new millionaire and several winners of other cash prizes.
A complete list of winning numbers for the drawing can be found at Lottery Post's Connecticut Lottery Results page.
The game has a total of 1,311 cash prizes, ranging from $100 to a top prize of $1 million cash.
Raffle tickets went on sale October 1, 2011, and cost $10 each. Each ticket sold contains a unique six-digit ...
Jan 1, 2012, 11:44 pm - Lottery News forum
Connecticut to audit lottery winners for back taxes
After successfully targeting deadbeat parents, the state of Connecticut is going after tax evaders' lottery winnings.
Beginning Dec. 31, a new law will take effect requiring the Connecticut Lottery Corporation to deduct delinquent taxes, crosschecked with the Department of Revenue Services, from any claim of $5,000 or more.
If someone is lucky enough to win a lottery prize and they also owe back taxes, it is reasonable to collect those taxes at that time, co-sponsor Rep. Gerald Fox, D-Sta ...
Dec 20, 2011, 7:42 am - Lottery News forum
Retailer perspective: Selling a $254M lottery ticket
At first, Ranjit Singh didn't recognize the name of the customer who bought the quarter-of-a-billion-dollar-winning Powerball ticket across the counter of his gas station on Nov. 1. But then when he saw the man on television, he remembered. All of the employees of the BP on McGee Avenue in Stamford recognized him. He lived in the condos you could see from the station. He came in almost every workday and bought a cup of coffee on his way to work. Mr. Singh is pretty sure he remembers now, he told ...
Dec 12, 2011, 3:03 pm - Lottery News forum
Ct. Powerball lottery winners signed affidavit swearing they are only members of trust
The trust fund established by three Greenwich men who claimed the $254 million Powerball prize last month will expire in one year and the money will then go into a second trust, according to a copy of the trust agreement obtained by local media.
The three men signed an affidavit the day after a press conference announcing the Putnam Avenue Family Trust as the winner, swearing that the second trust named the West Putnam Avenue Trust has no silent partners and that no person ineligible to win t ...
Dec 7, 2011, 9:11 am - Lottery News forum
Powerball lottery winners award $1 million in grants
Three Connecticut men who claimed a $254 million Powerball jackpot last week made good on their statement that they would be immediately donating a sizable amount to charity.
The trustees of the Putnam Avenue Family Trust has awarded their first $1 million in charitable grants to five veteran support organizations.
The Putnam Avenue Family Trust was set up after the winning Connecticut lottery ticket, worth $254 million, was bought.
The organizations were selected on their proven abilit ...
Dec 5, 2011, 12:24 pm - Lottery News forum
Connecticut Powerball mystery deepens
Includes video report
Three money managers who claimed the state's record-breaking $254.2 million Powerball jackpot on Monday may still have a fight ahead of them in the court of public opinion.
A day after the trio announced they had scored the windfall on a $1 ticket one of them bought at a gas station, media reports surfaced Tuesday that the men had in fact acted on behalf of an anonymous client.
The speculation started almost immediately: Who could the mystery buyer be? A lucky hedg ...
Nov 30, 2011, 12:26 pm - Lottery News forum
Asset managers accused of fronting for real $254M Powerball winner
For three men who had apparently just won $254 million they looked far from ecstatic.
And last night the three wealthy bankers who came forward to claim a record Powerball jackpot were facing claims that they were not in fact the real winners.
An anonymous man one of their clients is said to have actually purchased the ticket but came to the trio to avoid the 'hassle' of his name becoming public.
They then allegedly set up a trust 'as a front' so that Tim Davidson, Brandon Lacoff, and G ...
Nov 29, 2011, 7:46 am - Lottery News forum
$254M Ct. Powerball jackpot claimed by 3 asset managers
Includes video report
The mystery winners of a $254 million Powerball jackpot, a record for Connecticut, need only look in the mirror for wealth management advice.
All three work for a boutique money management firm in Greenwich, which has fewer assets under its control ($82 million) than their newfound winnings.
Greg Skidmore, Brandon Lacoff and Tim Davidson of Belpointe LLC revealed themselves as the winners during a check presentation Monday at the Connecticut Lottery headquarters in ...
Nov 28, 2011, 8:12 pm - Lottery News forum
Another man claims to have lost $254M Powerball ticket
So close to $254 million and yet so far away.
That could be the case for a 21-year-old Danbury customer who said he had the winning ticket for the Nov. 2 Powerball drawing but lost it.
The $254 million prize was the biggest Powerball jackpot in Connecticut history and the 12th biggest jackpot in Powerball history.
At a 7-Eleven on Mill Plain Road, owner Abu Sayed said a 21-year-old customer claimed to have lost the winning ticket: 12-14-34-39-46, Powerball 36.
Sayed is skeptical.
...
Nov 17, 2011, 8:53 am - Lottery News forum
