New Yorker claims huge lottery jackpot amid controversy

Aug 3, 2005, 9:54 am (17 comments)

New York Lottery

A 66-year-old former state worker has claimed the second largest lottery payout in New York history.

Garry T. McGivney of Watertown won the $56 million prize in Saturday's New York State Lotto drawing, striking it rich on the numbers 1, 2, 11, 30, 39 and 48, with a bonus number of 21, the Watertown Daily Times reported Tuesday.

State Lottery Division spokeswoman Jennifer Mauer would not confirm McGivney won. However, lottery officials scheduled a Wednesday news conference in Syracuse to introduce the winner, she said.

McGivney decided to accept an immediate lump-sum payment, which will be much lower than a larger amount spread out in smaller payments over 26 years, the newspaper said. McGivney bought the winning ticket at a Watertown deli.

A former state Labor Department employee, McGivney served as employment services manager for the Watertown Job Service Division until retiring recently, the newspaper said.

Mary Bibey, a bartender at the American Legion Club in Watertown, said McGivney was a longtime member and was at the club Monday afternoon before heading to Syracuse to claim his prize.

"It's kind of exciting. It's kind of comical when somebody you know really well wins," she said. "We all know him. He's a good guy and everybody likes him."

The largest payout in state history, $58 million, was awarded last year in Glen Head, Nassau County.

Watertown controversy

The big announcement by the New York State Lottery is not being held in Watertown. Instead the lottery is holding McGivney's press conference in Syracuse at the Dinosaur Bar-B-Que, a place that doesn't even sell lottery tickets.

"Certainly it is a big deal and I think it is unfortunate that the attention is not going to be drawn to Watertown or to the businessman who sold that ticket," said Roxanne Burns, City Council member.

Some feel the lottery is not making the visit to Watertown because of the John Breen story.

Breen is the man who gambled away his stepdaughter model Maggie Rizer's money in Quick Draw.

"Because all the troubles they had up here and that is not right. That is with other businesses and not with the Gold Star Deli," said Cappy Ledger, Watertown resident.

New York State lottery officials said the press conference is in Syracuse and not in Watertown because they already had the conference scheduled to announce a new lottery ticket. It is an easy way to kill two birds with one stone.

The lottery said they will also be announcing another lottery winner who won in Ithaca.

Lottery Post Staff

Comments

Chewie

They keep avoiding mentioning the actual take home amount. Only the Government can get away with flase advertisement.

CASH Only

They also don't mention NY Lotto pays back only 38%-40% to players.

Todd's avatarTodd

Congrats to the big winner from Watertown!

konane's avatarkonane

Good for Mr. McGivney!  WTG!!    Party

Payouts for cash are lower .... aren't individual ticket pricess 2 for $1.00?  Twice as many chances to win for the jackpot, even though the matrix is higher.  Seems to balance out as far as I see it.  Yes Nod 

tg636

> A 66-year-old former state worker has claimed the second largest lottery payout in New York history...McGivney decided to accept an immediate lump-sum payment, which will be much lower than a larger amount spread out in smaller payments over 26 years, the newspaper said. McGivney bought the winning ticket at a Watertown deli.

Whatever the amount,  it will be much higher than he would would have received if he dies 10 years into the 26 year annuity schedule.  The 26 year annuity works a little better if you are 30 or under.  How old do you want to be when you cash your last check? 92?

 

 

CASH Only

tg:

Had he hit MA Mega$.uck$, he would have been forced to receive annuity payments through age 85.

MADDOG10's avatarMADDOG10

see, NY is better than mass. At least he got an option and regardless what the amount is, it's going to be a heck of a lot more than he spent...!

CASH Only

The only thing about NY Lotto that's better than MA Mega$.uck$ is the cash option.

emilyg's avataremilyg

tg:

Had he hit MA Mega$.uck$, he would have been forced to receive annuity payments through age 85.

think he would have been very happy - know i would be

sagan

i think he got one heck of a return on his investment no matter what the discounted amount is.

 

congrats

CASH Only

sagan:

NY Lotto has a TERRIBLE payback percentage (38%-40% of sales).

Todd's avatarTodd

Dupe Alert

LOTTOMIKE's avatarLOTTOMIKE

sagan:

NY Lotto has a TERRIBLE payback percentage (38%-40% of sales).

its all about the benjamins.......

CASH Only

You should win a $100 bill for 4/6, but you're lucky to get a quarter of that.

Subscribe to this news story