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Mar 16, 2005, 10:17 am (1 comment)
Gary DeHaven of Republic, Missouri became the state's 200th lottery-made millionaire after winning a $1.4 million jackpot in the March 9 drawing, the Missouri Lottery announced yesterday afternoon.
The 62-year-old employee of the accounting firm BKD purchased his winning Lotto ticket for $5 at Price Cutter, 1013 East U.S. 60 Highway in Republic.
DeHaven and his wife, Gina, plan to pay off their house and some minimal credit card debt, plus work on their driveway and buy a new lawn tractor, he said. The remainder will be placed in an interest-bearing account.
"I'll answer the question before it's asked. We're not going to take a trip. We're not going to buy a new car," DeHaven said with a chuckle.
The Republic man opted to take a lump-sum payment of about $700,000 before taxes rather than have the jackpot paid over several years. After the Missouri Lottery withholds 29 percent of the money for federal and state taxes, DeHaven will receive nearly $500,000.
In addition to the jackpot, Price Cutter will receive a $14,000 bonus for selling the winning ticket.
News-Leader
congratulations.....