Indiana man wins $5M on scratch-off

Feb 23, 2012, 8:20 pm (58 comments)

Indiana Lottery

INDIANAPOLIS, Ind. — A Muncie, Indiana, man is the latest lucky Hoosier to win big money from the Hoosier Lottery.

Ricky Wilber grew up in Muncie just blocks from the Village Pantry at 603 W. Jackson Street in Muncie where he won $5 million on a Hoosier Lottery Scratch-off.

"Great and unbelievable" is the way Wilber described his win.

Wilber won on a $100 Million Cash Extravaganza Scratch-off ticket. The Delaware County man took several days to get his affairs in order, to hire a lawyer and a tax advisor, before claiming his prize. As he presented his winning ticket to Lottery officials at Hoosier Lottery Headquarters February 21, he relived the moment when he finally hit it big.

"I ran back in the store and I jumped up and hit my head on the ceiling," said Wilber. "I said to the clerk, Kelsey, 'You wanna hug a millionaire?'"

Wilber brought Mark Shelton, his good buddy of more than 20 years, with him to Hoosier Lottery Headquarters to claim his winnings.

"When he first called me and said 'Guess what I just did?' I could only imagine what he had done now," said Shelton with a laugh. "I was relieved, but thought he was joking when he said he won $5 million, but I could tell by his voice that he wasn't. It couldn't happen to a better, nicer person."

Wilber has been a carpenter for more than 30 years, but recently found himself laid-off. He has no plans to quit working since his win, but hopes to be able to work for himself now. He has three grown children and a great-niece that he is close to. The day he purchased his winning ticket, he was out and about because he had taken his great-niece to Kmart to buy her a new outfit.

With his winnings, Wilber plans to take a vacation to visit family in Tennessee and to do something he has never done in his fifty-some years - see the ocean. He hopes to take it slow and easy and consult his financial advisor before jumping into any big spending projects. He plans to keep living in the same house he purchased from his father and to keep the truck he purchased not too long ago.

"I still can't see spending $60,000 on a truck," said Wilber. "I'm not materialistic."

Instead of receiving payment of the $5 million over 30 years, he opted to take a one-time lump-sum payment of $3.4 million before taxes.

WANE

Comments

mcginnin56

Yeahhhhhhh  for Ricky!!!

Why doesn't my state have tickets like this.  Banana   What?      Roll Eyes

New York's avatarNew York

Great motivational story. I like that he says he's not materialistic. 

$3.4 million is not too shabby. Cool

mcginnin56

Quote: Originally posted by New York on Feb 23, 2012

Great motivational story. I like that he says he's not materialistic. 

$3.4 million is not too shabby. Cool

Yeah after state (3.4%) and federal (25%) taxes, he should walk away with $2,434,400  Not bad for a $20? scratch ticket! (Article didn't say).

ONEDAY's avatarONEDAY

all I can say is wow

NightStalker's avatarNightStalker

Good for him!  Now he can just be a part time carpenter!

TheRightPrice

Move me to Indiana cuz these Florida scratchers are scary!Scared

mcginnin56

I can remember as a young lad, my Mom telling me the scary story of: Why was 6 afraid of 7? Because 7 "ate" 9.   Blush

Did your Mom tell you that one as well New York?   LOL

mcginnin56

Quote: Originally posted by TheRightPrice on Feb 23, 2012

Move me to Indiana cuz these Florida scratchers are scary!Scared

Must be great scratchin' around Halloween I bet?   Yes Nod

New York's avatarNew York

Quote: Originally posted by mcginnin56 on Feb 23, 2012

I can remember as a young lad, my Mom telling me the scary story of: Why was 6 afraid of 7? Because 7 "ate" 9.   Blush

Did your Mom tell you that one as well New York?   LOL

Green laughROFL.

She sure did and it stuck wit' me since. Crazy

mcginnin56

Quote: Originally posted by New York on Feb 23, 2012

Green laughROFL.

She sure did and it stuck wit' me since. Crazy

I had nightmares for months, until I found out in school "7" was just a number!   Unhappy

Like your new signature, Franklin was an amazing guy.

rdgrnr's avatarrdgrnr

"With his winnings, Wilber plans to take a vacation to visit family in Tennessee and to do something he has never done in his fifty-some years - see the ocean."

I'd like to be the first to welcome Rick to Tennessee but I hope he's not too disappointed when he finds out you cain't see the ocean from here.

I'll take him out honky-tonkin' though and get him good and drunk so he don't care nothin' 'bout no ocean.

And if we ain't back in a couple days, we'll be down in Mississippi and up to no good. Yeeee haaaaa!

Gulf, ocean, don't really make no nevermind nohow. 

mcginnin56

Quote: Originally posted by rdgrnr on Feb 23, 2012

"With his winnings, Wilber plans to take a vacation to visit family in Tennessee and to do something he has never done in his fifty-some years - see the ocean."

I'd like to be the first to welcome Rick to Tennessee but I hope he's not too disappointed when he finds out you cain't see the ocean from here.

I'll take him out honky-tonkin' though and get him good and drunk so he don't care nothin' 'bout no ocean.

And if we ain't back in a couple days, we'll be down in Mississippi and up to no good. Yeeee haaaaa!

Gulf, ocean, don't really make no nevermind nohow. 

SH-T!, I thought you could see the Atlantic Ocean from Memphis?? Isn't that where Elvis caught all his catfish??

 

Now I know why I flunked Geography.  Thud

haymaker's avatarhaymaker

i walked close to the atlantic ocean today,when we took our dogs down to the harbor.

dallascowboyfan's avatardallascowboyfan

Congrats to the winner................Thumbs Up

dallascowboyfan's avatardallascowboyfan

Quote: Originally posted by TheRightPrice on Feb 23, 2012

Move me to Indiana cuz these Florida scratchers are scary!Scared

The RightPrice, Oklahoma has to be the scariest are largest scratch-off ticket is $40,000/ $50,000Scared

gogidolim

 To me, scratch games are whole lot harder to win because it's also about location and timing. Anyway congraturation to the winner.

VenomV12

$5 million off a scratch off ticket? Wow. That is pretty impressive.

savagegoose's avatarsavagegoose

its good that hes not materialistic, and doesnt want a new $60k truck. his financial advisors will tell him he cant afford it with only $3.2M before taxes. lol

 

great attitide ,

maringoman's avatarmaringoman

Quote: Originally posted by VenomV12 on Feb 24, 2012

$5 million off a scratch off ticket? Wow. That is pretty impressive.

We have scratch tickets in Massachusetts that you can win $10,000,000 that cost only $20.

But you're more likely to spend $10,000,000 before you win that prize.

It reminds of the story in lottery post where a woman book keeper in NY stole about $3M from her work place to feed her lottery addiction.

She didn't win anything to talk about Shocked and now she's in jail.

Scratch tickets are a sure way to burn your money. Avoid them at all costs. I know I do.

y2kjackson

Congrats to the winner!! Is seems now a days , u have got to win the lottery to afford high ass gas prices!

dpoly1's avatardpoly1

Congrats to the winner!  Dance

I still cannot understand why people whine about Powerball Tickets being $2 for a minimum of $40,000,000 annuity & in turn they think that spending $20 on a ticket that the maximum is $5,000,000 is a bargain ................   Crazy 

dpoly1's avatardpoly1

Quote: Originally posted by y2kjackson on Feb 24, 2012

Congrats to the winner!! Is seems now a days , u have got to win the lottery to afford high ass gas prices!

Don't go to "high ass", go to another gas station! ............Thud

sully16's avatarsully16

Congrats to the lucky winner.

RedStang's avatarRedStang

At first i was like "What. He's laid off and playing 20$ scratch-offs". Then i realized he's probably one of those that never buys himself anything and loves the lotto. Patriot

rcbbuckeye's avatarrcbbuckeye

Quote: Originally posted by dpoly1 on Feb 24, 2012

Congrats to the winner!  Dance

I still cannot understand why people whine about Powerball Tickets being $2 for a minimum of $40,000,000 annuity & in turn they think that spending $20 on a ticket that the maximum is $5,000,000 is a bargain ................   Crazy 

I Agree!

mcginnin56

Quote: Originally posted by dpoly1 on Feb 24, 2012

Congrats to the winner!  Dance

I still cannot understand why people whine about Powerball Tickets being $2 for a minimum of $40,000,000 annuity & in turn they think that spending $20 on a ticket that the maximum is $5,000,000 is a bargain ................   Crazy 

Because people LOVE to whine!      LOL

Ruud

Quote: Originally posted by mcginnin56 on Feb 23, 2012

Yeah after state (3.4%) and federal (25%) taxes, he should walk away with $2,434,400  Not bad for a $20? scratch ticket! (Article didn't say).

According to the Hoosier Lottery website, it was a $20 ticket.  Wow.

mcginnin56

Quote: Originally posted by Ruud on Feb 24, 2012

According to the Hoosier Lottery website, it was a $20 ticket.  Wow.

Thanks Ruud for researching! Thumbs Up

faber98

20.00 scratch tickets aren't for the timid. especially in a depressed miserable place like muncie. he deserves it for living there all these years. amazed that they can sell any of these overpriced scratch off tickets there and that the indiana lottery has the nerve to try to foist these on the poor people that live there. however, they actually put a winning one there and this guy walked into the right store at the right time and nailed it. beware muncieites that was the only one.

Ruud

Quote: Originally posted by mcginnin56 on Feb 24, 2012

Thanks Ruud for researching! Thumbs Up

You're welcome.

Texas has a $20 game, Set for Life II, with four top prizes of $7,500,000 ($500k for 15 years).  Imagine THAT!

mcginnin56

Quote: Originally posted by maringoman on Feb 24, 2012

We have scratch tickets in Massachusetts that you can win $10,000,000 that cost only $20.

But you're more likely to spend $10,000,000 before you win that prize.

It reminds of the story in lottery post where a woman book keeper in NY stole about $3M from her work place to feed her lottery addiction.

She didn't win anything to talk about Shocked and now she's in jail.

Scratch tickets are a sure way to burn your money. Avoid them at all costs. I know I do.

Are you trying to imply maringoman, that spending $10,000,000 for a winning $20 scratcher is a bad deal??

C'mon, Taxachusetts has got to make it's money somehow!   Green laugh

mcginnin56

Quote: Originally posted by Ruud on Feb 24, 2012

You're welcome.

Texas has a $20 game, Set for Life II, with four top prizes of $7,500,000 ($500k for 15 years).  Imagine THAT!

I guess that's all I can probably do...............Roll Eyes

rad242

Quote: Originally posted by rdgrnr on Feb 23, 2012

"With his winnings, Wilber plans to take a vacation to visit family in Tennessee and to do something he has never done in his fifty-some years - see the ocean."

I'd like to be the first to welcome Rick to Tennessee but I hope he's not too disappointed when he finds out you cain't see the ocean from here.

I'll take him out honky-tonkin' though and get him good and drunk so he don't care nothin' 'bout no ocean.

And if we ain't back in a couple days, we'll be down in Mississippi and up to no good. Yeeee haaaaa!

Gulf, ocean, don't really make no nevermind nohow. 

That's how we get down in a Hick Town!

 

I went to college and university in NASHVILLE I would never guessed you lived among good people - lol.

rad242

Quote: Originally posted by dpoly1 on Feb 24, 2012

Congrats to the winner!  Dance

I still cannot understand why people whine about Powerball Tickets being $2 for a minimum of $40,000,000 annuity & in turn they think that spending $20 on a ticket that the maximum is $5,000,000 is a bargain ................   Crazy 

You don't know dploy?

The scratch off tickets have a more jazzier color palate and appeal and don't get me started on the recycled paper!

Hey I gotta $20 in my wallet. Gonna dash to that service station now..!

cbr$'s avatarcbr$

congrat' s Ricky on your win . alway believed that Village Pantry would have a nice winner it one day . Glad it you. This is either the $10 oBananaor the $20 ticket enjoyParty

fwlawrence's avatarfwlawrence

Quote: Originally posted by Ruud on Feb 24, 2012

You're welcome.

Texas has a $20 game, Set for Life II, with four top prizes of $7,500,000 ($500k for 15 years).  Imagine THAT!

Don't forget the $50 Casino Action which has 3 top prizes of $7,500,000.

Ruud

Quote: Originally posted by maringoman on Feb 24, 2012

We have scratch tickets in Massachusetts that you can win $10,000,000 that cost only $20.

But you're more likely to spend $10,000,000 before you win that prize.

It reminds of the story in lottery post where a woman book keeper in NY stole about $3M from her work place to feed her lottery addiction.

She didn't win anything to talk about Shocked and now she's in jail.

Scratch tickets are a sure way to burn your money. Avoid them at all costs. I know I do.

$3m lottery or $3m gambling (i.e., casino) addiction?  That's a lot of scratch tickets if the former.

Anyway, the odds and payouts for instant tickets are better than draw games and they're also fun to play.

Win$500Quick's avatarWin$500Quick

Congrats to the lucky winner. Thumbs Up

mcginnin56

Quote: Originally posted by Ruud on Feb 24, 2012

$3m lottery or $3m gambling (i.e., casino) addiction?  That's a lot of scratch tickets if the former.

Anyway, the odds and payouts for instant tickets are better than draw games and they're also fun to play.

I Agree!

HaveABall's avatarHaveABall

Quote: Originally posted by mcginnin56 on Feb 23, 2012

Yeah after state (3.4%) and federal (25%) taxes, he should walk away with $2,434,400  Not bad for a $20? scratch ticket! (Article didn't say).

Yes, mcginnin56, Ricky's is a good lump sum, net walk away amount, since it was only a 32% lump sum option reduction from the advertised annuity amount.  Hopefully, Ricky will not only be thinking about the 25% (initial) federal taxation withdrawn amount but will remember that come next year he'll have to pay the Fed their remaining cut of approximately another 10%.  Yikes, don't spend or gift too much of the money these next 12 months Ricky!

Congratulations, Ricky, on your thrilling scratch off ticket lump sum, net multi-million dollar win!  I wish these lotteries would begin printing on the FRONT of their tickets that their multi-million dollar top prizes are 30-annual payment amounts, lesser if lump sum chosen.

Banana

HaveABall's avatarHaveABall

Quote: Originally posted by RedStang on Feb 24, 2012

At first i was like "What. He's laid off and playing 20$ scratch-offs". Then i realized he's probably one of those that never buys himself anything and loves the lotto. Patriot

No, RedStang, the article alluded that top prize lottery scratch winner, Ricky, is accustomed to treating himself well.  Recall that the article indicated that Ricky had recently purchased a: $20 scratch off ticket(s), new truck, AND enjoyed taking his grand-niece out to purchase a new outfit for her. 

So, Ricky already knows how to have a good time spending monies, yet hopefully without breaking his budget.  Now he's got a bigger budget, so he can easily remain unemployed, become a good investor in only safe items with a fixed rate of return, and maybe gift each of his children (and maybe occasionally to his friend mentioned in the article) the $13k ANNUAL GIFT LIMIT every 12 months for the rest of their lifetimes or whenever.  A joyful, rather comfortable lifestyle ... congratulations Ricky!

Group Hug

mcginnin56

Quote: Originally posted by HaveABall on Feb 25, 2012

Yes, mcginnin56, Ricky's is a good lump sum, net walk away amount, since it was only a 32% lump sum option reduction from the advertised annuity amount.  Hopefully, Ricky will not only be thinking about the 25% (initial) federal taxation withdrawn amount but will remember that come next year he'll have to pay the Fed their remaining cut of approximately another 10%.  Yikes, don't spend or gift too much of the money these next 12 months Ricky!

Congratulations, Ricky, on your thrilling scratch off ticket lump sum, net multi-million dollar win!  I wish these lotteries would begin printing on the FRONT of their tickets that their multi-million dollar top prizes are 30-annual payment amounts, lesser if lump sum chosen.

Banana

Right HaveABall, but if they advertised on the FRONT of the tickets about 30 annuity payments, they would probably see their sales of sratchers decline.

It's the same ol sales gimmick for hawking anything, make all the wonderful claims.......but you must read the fine print, which they will not bring to your

attention.

I had forgotten about the other 10% or so for additional federal tax.  Puke

rad242

Mega Millions is one ROLL OVER from hitting the 100m range! What will happen in the Powerball tonight? Will an LP player finally hit or will it rollllll?

mcginnin56

Roll.

dpoly1's avatardpoly1

Quote: Originally posted by rad242 on Feb 25, 2012

Mega Millions is one ROLL OVER from hitting the 100m range! What will happen in the Powerball tonight? Will an LP player finally hit or will it rollllll?

It has been a recent trend that Mega Millions has been rolling $11,000,000 for the Annuity & Powerball has been rolling $10,000,000! Getting curiouser & curiouser!  :$

maringoman's avatarmaringoman

Quote: Originally posted by mcginnin56 on Feb 24, 2012

Are you trying to imply maringoman, that spending $10,000,000 for a winning $20 scratcher is a bad deal??

C'mon, Taxachusetts has got to make it's money somehow!   Green laugh

Yeah make their money from other suckers. I grew tired of getting took. No more scratch offs for me.

mcginnin56

Quote: Originally posted by maringoman on Feb 25, 2012

Yeah make their money from other suckers. I grew tired of getting took. No more scratch offs for me.

OK...........MA lotto retailers will be unhappy to hear this sad news.     Crying

maringoman's avatarmaringoman

Quote: Originally posted by Ruud on Feb 24, 2012

$3m lottery or $3m gambling (i.e., casino) addiction?  That's a lot of scratch tickets if the former.

Anyway, the odds and payouts for instant tickets are better than draw games and they're also fun to play.

https://www.lotterypost.com/news/140429 forgive me I exagerrated a little. It was $2.3M

mcginnin56

YAAHOOOO! Someone from  NY hit the Powerball last night for $70 million!!!

Hope it was a rich, white wall streeter!!!   Banana

 

Come on out you guy's with the "RIGGED" and "CONSPRICASY" theories.....only way to start the day.    Sun Smiley

rad242

Quote: Originally posted by mcginnin56 on Feb 26, 2012

YAAHOOOO! Someone from  NY hit the Powerball last night for $70 million!!!

Hope it was a rich, white wall streeter!!!   Banana

 

Come on out you guy's with the "RIGGED" and "CONSPRICASY" theories.....only way to start the day.    Sun Smiley

Someone has 70 million reasons to smile from EAR to EAR today!!!

sully16's avatarsully16

Thats cool, Congrats Rick

KY Floyd's avatarKY Floyd

It probably was a wealthy white guy, or his wife/mistress/girlfriend. The ticket was sold in Hartsdale, which is right next to Scarsdale. Not a lot of poor people living there, except perhaps in the maid's room, or the staff quarters above the garage.

Then again, it might be my cousin who's a plumber and sometimes works in that area, or anyone else passing through.

FWIW, MUSL just squeaked by on this one. According to lottoreport, total sales for the run were about $140 million, which would have put about $45 million in the jackpot prize pool. The cash value for the advertised jackpot was $43.3 million, IIRC.

Seattlejohn

Quote: Originally posted by mcginnin56 on Feb 23, 2012

Yeah after state (3.4%) and federal (25%) taxes, he should walk away with $2,434,400  Not bad for a $20? scratch ticket! (Article didn't say).

They'll take 25% for federal taxes minimum (and 3.4% for state, as you've indicated), but he'll end up paying 35% in federal taxes; I figure he'll net ~ $2.1 million after all taxes are fully paid.  I hope his tax advisor has told him to either have the max tax taken out up front, or invest the 10% difference for now & pay it at the end of the year.  God knows we've all heard the stories of unprepared lottery winners who have the standard 25% taken out, not figuring they'll have to pay more, & end up in trouble with the IRS...

mcginnin56

Quote: Originally posted by Seattlejohn on Feb 27, 2012

They'll take 25% for federal taxes minimum (and 3.4% for state, as you've indicated), but he'll end up paying 35% in federal taxes; I figure he'll net ~ $2.1 million after all taxes are fully paid.  I hope his tax advisor has told him to either have the max tax taken out up front, or invest the 10% difference for now & pay it at the end of the year.  God knows we've all heard the stories of unprepared lottery winners who have the standard 25% taken out, not figuring they'll have to pay more, & end up in trouble with the IRS...

Thanks Seattlejohn. HaveABall pointed out that extra 10% of federal tax to me on this thread on the 25th.   Thumbs Up

dpoly1's avatardpoly1

The first Jackpot Win for Pennsylvania tomorrow in Mega Millions …… you saw it here first !

Dance  PartyA $51,750,000 wire transfer with an additional $6,900,000 Federal Tax obligation without any Income Tax mitigation! Woo Hoo, no State or Local Taxes in Pennsylvania on Lottey Winnings ............... Sun Smiley

Simba774

Quote: Originally posted by gogidolim on Feb 24, 2012

 To me, scratch games are whole lot harder to win because it's also about location and timing. Anyway congraturation to the winner.

And the MM and PB is not? Many win off scratch off tickets,  but very few win the MM or PB.

Simba774

Quote: Originally posted by mcginnin56 on Feb 26, 2012

YAAHOOOO! Someone from  NY hit the Powerball last night for $70 million!!!

Hope it was a rich, white wall streeter!!!   Banana

 

Come on out you guy's with the "RIGGED" and "CONSPRICASY" theories.....only way to start the day.    Sun Smiley

We all have to get to NY asap. Lucky, ______.

CDanaT's avatarCDanaT

Quote: Originally posted by dpoly1 on Feb 27, 2012

The first Jackpot Win for Pennsylvania tomorrow in Mega Millions …… you saw it here first !

Dance  PartyA $51,750,000 wire transfer with an additional $6,900,000 Federal Tax obligation without any Income Tax mitigation! Woo Hoo, no State or Local Taxes in Pennsylvania on Lottey Winnings ............... Sun Smiley

Nice try DP !!!!!!!   No No.......I am leaning towards a winner from a ticket (namely mine) recently purchased up in a N.E. state...just so it with throw the conspiracy theorists off !

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