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New York man wins $10 million after buying lottery ticket every day for decades

Sep 25, 2018, 9:28 am

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New York LotteryNew York Lottery: New York man wins $10 million after buying lottery ticket every day for decadesRating:

By Todd Northrop

HARTSDALE, N.Y. — A 66-year-old man who's played the lottery his entire adult life is the newest lottery millionaire in New York.

Michael Marks has been playing the lottery in the same store every day since the 1960s.

That persistence paid off when he won a $10,000,000 prize on a $10,000 a Week for Life scratch-off ticket he bought while grabbing coffee at A-Plus in the Sunoco gas station at 17 N. Central Ave. in Hartsdale.

"This is my store," Marks told the New York State Lottery. "I come in here every day for a cup of coffee and my scratch-off tickets."

This time, he knew he'd won something big when he scanned his ticket.

"The machine lit up and said big winner, see lottery agent," he said. "I asked the retailer for a pen, locked myself in the bathroom and signed the ticket."

Marks opted to receive his prize in annual installments of $520,000 a year every year for the rest of his life. He'll receive $349,336 a year after withholdings. 

"This really is amazing," Marks said. "I really haven't given much thought to how I'll spend the money yet. Right now, I just plan to enjoy life."

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28 comments. Last comment 2 years ago by sweetie7398.
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Raven62's avatar - binary
25
New Jersey
United States
Member #17842
June 28, 2005
127337 Posts
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Posted: September 25, 2018, 9:44 am - IP Logged

WTG MM: Congrat and Live a Long Life!

A mind once stretched by a new idea never returns to its original dimensions!

Catch-22: A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions.

Corruptissima re publica plurimae leges: When the republic is at its most corrupt the laws are most numerous.

    GiveFive's avatar - Lottery-026.jpg
    NY State
    United States
    Member #92605
    June 10, 2010
    4711 Posts
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    Posted: September 25, 2018, 9:45 am - IP Logged

    He locked himself in the bathroom!!  LOL!!!

    I wonder if he did that because in addition to having just won 10 million he also had a "laundry problem"?

    I guarantee you I'd have had one if I just one ten mill.  G5

    Players who've won large lottery jackpots have something in common. Many of them say "I've played the lottery for years, but I never won anything but small prizes."   That's normal or typical, but it's also why you should not get discouraged and stop playing.  Who knows?  Maybe someday you'll say "I've played the lottery for years...."

      CDanaT's avatar - Nolz june15.jpg
      Central TN
      United States
      Member #121189
      January 4, 2012
      4660 Posts
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      Posted: September 25, 2018, 10:00 am - IP Logged

      Congrats Michael !!! Enjoy for years to come.

      I am a bit curious about this story though... He is 66 which means he was born in 1952 or very late 1951. 

      I wasn't aware of the lottery being around that early but it is NY and I have no interest in their lottery history

      Did they allow someone under 18 to play the lottery back in the 1960's ? (provided he was born in 52).

      Yes if he was born in late 1951 he could have started playing for a few months in 1969

      Doesn't matter that much in the bigger picture....

      Have a fantastic enjoyable life Mr. Marks, you ole lottery player you !!

      Integrity: There is just no substitute.

        hearsetrax's avatar - alien on_computer.jpg

        United States
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        May 21, 2007
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        Posted: September 25, 2018, 10:00 am - IP Logged

          music*'s avatar - DiscoBallGlowing
          Fresno, California
          United States
          Member #157851
          August 2, 2014
          3918 Posts
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          Posted: September 25, 2018, 10:12 am - IP Logged

          Now about receiving the annual installments. It appears that he did not get good financial advice. I hope that there is more to this story and we are not getting it. Like, can his heirs receive the annual installments?  Can they cash in the rest of the checks soon after he passes?

          Party Congratulations to Michael Marks!!  He stayed in the game. 

           "We are all in this together!" 

            CDanaT's avatar - Nolz june15.jpg
            Central TN
            United States
            Member #121189
            January 4, 2012
            4660 Posts
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            Posted: September 25, 2018, 10:23 am - IP Logged

            Now about receiving the annual installments. It appears that he did not get good financial advice. I hope that there is more to this story and we are not getting it. Like, can his heirs receive the annual installments?  Can they cash in the rest of the checks soon after he passes?

            Party Congratulations to Michael Marks!!  He stayed in the game. 

            https://nylottery.ny.gov/help#what-if-i-die-i-receive-all-my-jackpot-payments

            https://www.nylottery.org/information/cash-versus-annuity

            Integrity: There is just no substitute.

              music*'s avatar - DiscoBallGlowing
              Fresno, California
              United States
              Member #157851
              August 2, 2014
              3918 Posts
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              Posted: September 25, 2018, 10:38 am - IP Logged

              Thank You CDanaT for your help. 

               I do not know how his heirs will be taxed when they inherit the rest of the prize.

               I hope that the winner lives a good long life.

               "We are all in this together!" 

                Avatar

                United States
                Member #167579
                July 21, 2015
                78 Posts
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                Posted: September 25, 2018, 11:34 am - IP Logged

                Thank You CDanaT for your help. 

                 I do not know how his heirs will be taxed when they inherit the rest of the prize.

                 I hope that the winner lives a good long life.

                Usually those prizes only are guaranteed up to 20 years then expire, but fully transfer for the full duration of the 20 years.  If you end up living longer the stay with you for the duration of your life span, however are only guaranteed for 20.

                  Coin Toss's avatar - shape barbed.jpg
                  100
                  Zeta Reticuli Star System
                  United States
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                  January 17, 2006
                  11490 Posts
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                  Posted: September 25, 2018, 12:03 pm - IP Logged

                  The  New York Lottery began in 1967 as the third modern U.S. lottery, after  Puerto Rico's began in 1934, and  New Hampshire's in 1964. As part of the  New York State Gaming Commission,[1] 

                  Prior to the 20th century, lotteries were used in New York to raise revenue for non-educational needs. New York City Hall was built in part with lottery proceeds. Other lotteries helped build and repair canals, roads, ferries, and bridges. Lotteries also were held for non-public needs. They helped develop New York City's manufacturing industries. Churches were built, rebuilt, or improved with lottery funds.

                  Well isn't that interesting!

                  https://en.wikipedia.org/wiki/New_York_Lottery

                  Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners. 

                  Lep

                  There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                    Avatar

                    United States
                    Member #180549
                    March 12, 2017
                    187 Posts
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                    Posted: September 25, 2018, 12:38 pm - IP Logged

                    He played hard for a long time and won!  Good for him.

                      wander73's avatar - Lottery-008.jpg

                      United States
                      Member #153769
                      March 24, 2014
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                      Posted: September 25, 2018, 12:39 pm - IP Logged

                      Lol

                      I love pecans and making sales with commissions.   

                      My amazon store is just like the lottery.

                        Avatar
                        Simpsonville
                        United States
                        Member #163184
                        January 22, 2015
                        2225 Posts
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                        Posted: September 25, 2018, 12:46 pm - IP Logged

                        Congratulations on your big win!  There's hope for me.

                         

                        Yolanda you haven't aged a bit, looking good as usual.

                          Avatar
                          New York, NY
                          United States
                          Member #140630
                          March 23, 2013
                          10509 Posts
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                          Posted: September 25, 2018, 1:05 pm - IP Logged

                          Congrats Michael !!! Enjoy for years to come.

                          I am a bit curious about this story though... He is 66 which means he was born in 1952 or very late 1951. 

                          I wasn't aware of the lottery being around that early but it is NY and I have no interest in their lottery history

                          Did they allow someone under 18 to play the lottery back in the 1960's ? (provided he was born in 52).

                          Yes if he was born in late 1951 he could have started playing for a few months in 1969

                          Doesn't matter that much in the bigger picture....

                          Have a fantastic enjoyable life Mr. Marks, you ole lottery player you !!

                          I was wondering the same thing. I wonder how he managed to stay in the same spot for 60 years. Unusual for NY.

                          Sometimes you do the right thing just because it’s right.

                            Avatar
                            Chasing $ Millions.
                            White Shores- California
                            United States
                            Member #136473
                            December 12, 2012
                            6264 Posts
                            Offline
                            Posted: September 25, 2018, 4:46 pm - IP Logged

                            Now about receiving the annual installments. It appears that he did not get good financial advice. I hope that there is more to this story and we are not getting it. Like, can his heirs receive the annual installments?  Can they cash in the rest of the checks soon after he passes?

                            Party Congratulations to Michael Marks!!  He stayed in the game. 

                            Music: A winner's annual payouts according to the CA lottery will go to their family, if they pass away. Payments do not terminate, just because one is no longer in the land of the living.

                            There is No " small print"  with the words " payment seizes upon death."

                             * Voice of Reason *   

                             

                            People who say it cannot be done should not interrupt those who are doing it- George Bernard Shaw.