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Aug 4, 2007, 10:50 pm (9 comments)
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
Congrats to the H&H trust!
congrats to the winners, the trust sounds like a great choice
WTG!
Yes indeed........
A very smart group of winners !
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.
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...
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.