Welcome Guest
Log In | Register )
You last visited September 19, 2020, 8:02 pm
All times shown are
Eastern Time (GMT-5:00)

8 years after buying $10.8 million ticket, lottery winner says life is 'marvelous'

Nov 12, 2018, 4:09 pm

Share this news story on Facebook
Tweet this news story on Twitter
After the Big WinAfter the Big Win: 8 years after buying $10.8 million ticket, lottery winner says life is 'marvelous'Rating:

GARNET VALLEY, Pa. — A Pennsylvania couple who took home more than $10 million in Delaware's first Hot Lotto jackpot eight years ago traded in their mobile home for a four-bedroom house but say their good fortune hasn't changed them.

In August 2009, Robert Crowther already had retired from the Chrysler Assembly Plant in Newark, Delaware, where he had worked for more than 30 years. Since the Crowthers opted to take the jackpot as a lump sum of $10,774,362 rather than as a deferred annuity, life has been "marvelous," he said.

"We pretty much do what we want when we want," Crowther said. "But really, I'm still the same old Bob I've always been."

He said his wife, Rose, is still the same old Rose, too, except she finally has the swimming pool that she always wanted. And she's in love with their 5,200-square-foot house; she never wants to leave. 

Although Bob Crowther, now 75, and his wife, now 74, frequently played lotteries in Delaware, New Jersey and Pennsylvania, he said he didn't really expect to win. They already had had their fair share of luck.

Three or four weeks earlier, Rose Crowther had won $100,000 on a scratch-off game in Pennsylvania. In 1986, they won another $5,000 in Delaware. 

Rose Crowther used some money she had won in another scratch-off to buy the big winning ticket.

"My wife came home from the store after trying to check it and thought we'd only won $16,000," Bob Crowther told Delaware Lottery officials in 2009.

"I took another look at it and was sure that we had all the numbers right, but I still didn't know how much it was worth because I didn't know if there had been any other winners in the drawing," he said then. "It was thrilling to hear that we'd hit for the whole jackpot! My first reaction was: 'No more bills.' I think my wife is still in a state of shock."

Their odds of winning were 1 in almost 11 million, according to (Wilmington, Delaware)News Journalarchives.

"This is a real life changer," Bob Crowther said at the time.

The Crowthers say they won't be among the lottery players who won and then lost it all. They prepared before claiming their prize.

The couple met with a lawyer and financial advisers at their bank and immediately drew up a will, splitting up their assets to keep them safe, Bob Crowther said. They also started a trust fund with about $4 million for their kids, grandkids and great-grandkids. 

"I didn't know how to do it, which is why I had the bank do it," he said. "I would really, really suggest that anyone who wins large amounts of money have a good lawyer and a good financial adviser."

They also set aside a good amount of money for themselves and invested in a few stocks. After cashing in their winning ticket, they closed the tavern they owned near their home and retired for real.

In 2009, Bob Crowther told lottery officials that he and his wife were going to buy a house and use the rest of the money to take care of their family. They've done just that, he said Tuesday. 

The Crowthers paid off their daughter's mortgage and remodeled her house, bought both their grandson and grandaughter houses and cars and lavished their three great-grandchildren with gifts. 

They also go on trips during the summer. They've been to Universal Studios and Disney, as well as Jamaica and Turks and Caicos, an archipelago of coral islands southeast of the Bahamas.

Bob Crowther said no one really has pressured them for money though he has lent some to his brother and a nephew. He and his wife aren't really worried about spending all the money anymore either. 

Eight years ago their accountant told them they eventually would reach the point where they wouldn't want to buy anything else. 

"And he was right," Bob Crowther said.

The couple does purchase lottery tickets. Old habits die hard. 

"My wife still plays," Crowther said. "She plays them all, every day. We've had small wins since then but nothing big."

The Hot Lotto game ended in October, 2017, and was replaced by the Lotto America multi-state game.  The main reason for Hot Lotto's cancellation was the rigging of its computerized drawings by former MUSL employee Eddie Tipton, who is currently serving a 25-year prison sentence for the crime. 

Thanks to Leland B. for the tip.

USA Today, Lottery Post Staff

We'd love to see your comments here!  Register for a FREE membership — it takes just a few moments — and you'll be able to post comments here and on any of our forums. If you're already a member, you can Log In to post a comment.

12 comments. Last comment 2 years ago by music*.
Page 1 of 1
Cassie8620's avatar - oGH0ok
0131 1623 1061 4764 6442 7462
California
United States
Member #180566
March 13, 2017
4205 Posts
Online

congrats!

 

aw. i love this. work hard his ENTIRE ADULT life so far and then to sit back and not have to fret over things anymore(financially/homelessness/poverty/medical coverage/insurance, or their kids is awesome.) No worries anymore for these two rich folks$ and the daughter mortgage he is paying off too? I love this story...

 

I'm assuming sixties? Work thirty long years, so i am not sure, but if so i am happy for Bob, the same "ole-bob"is right.DON'T change sir.

 

Don't change, blessed 1..." Less worries/less stress = LIVIN' good at all ages."

But, doing what we all in life, wanna do, just jet-set and go!PartyNow, that's living stress-free, no drama. just living nice and comfortably."

 

Brand new house with FOUR brs, Bananain a lovely suburban quiet home, great area, prime area, and have a god bless life,making all of their new and old dreams coming true,  at any age is a true blessing/true way to live, so enjoy with your loving wife and family, invest, and utilize it wisely.SO HAPPY for these two."(SMART to take the lump sum.)$$$

13G's!+ total (2019)& P4 total >>> 22,000!(So Far in 2020!) Time 2 break the bank, baby...Banana

 

0131 6442 0026 0068 0087 1031 1034 1038 1623 3009 4764 6230 6231 9203 9159 

    music*'s avatar - DiscoBallGlowing
    USN United States Navy
    Fresno, California
    United States
    Member #157851
    August 2, 2014
    3959 Posts
    Offline

    This is definitely a feel-good story. Thank You. 

     It's marvelous!

     A good lawyer and excellent financial advisers. Yes.

     Buying a house and taking care of their family. I am sure that the financial advisers put them on a budget. 

     No curse of the lottery here.Wink

     "We are all in this together!" 

      Avatar
      Simpsonville
      United States
      Member #163184
      January 22, 2015
      2256 Posts
      Offline

      Going to be a great week for wonderful, positive stories like this.

       

      They had their feet on the ground prior to all these wins and unchanged for the big one.  Something to emulate from.

        CDanaT's avatar - Nolz june15.jpg
        Central TN
        United States
        Member #121189
        January 4, 2012
        4743 Posts
        Offline

        Level headed, sound actions, smart choices, no issues.... They are former  LP'ers  aren't they ?   Yes Nod

        Integrity: There is just no substitute.

          Avatar
          Jacksonville
          United States
          Member #153801
          March 26, 2014
          770 Posts
          Offline

          This story has a happy ending because the winners relied upon competent professionals and self-restraint.  It seems like most of the "lotto curse" stories involve people who made poor life and financial decisions before winning the lottery.  After winning the lottery, those same people just have more money to use in their poor life and financial decisions.

            oate's avatar - AS5hcja

            United States
            Member #193172
            October 22, 2018
            491 Posts
            Offline

            This story has a happy ending because the winners relied upon competent professionals and self-restraint.  It seems like most of the "lotto curse" stories involve people who made poor life and financial decisions before winning the lottery.  After winning the lottery, those same people just have more money to use in their poor life and financial decisions.

            Yep, but the media prefer to focus on the minority who are dysfunctional.  This is a great feel-good story and I think there are many many more winners like the Crowthers who are level-headed.  I'm very happy for them.

            Only my hairdresser knows for sure.

              Avatar
              Marana AZ
              United States
              Member #145337
              August 3, 2013
              253 Posts
              Offline

              The lump sum was $10,774,362.  Taxes were what, at least $4 million.  They set up a $4 million trust fund for kids, etc.  Meaning they were left with about $2 million for themselves, and since they appear to be spending wisely, that could easily last the rest of their lives when combined with his pension, their Social Security, and any other available retirement funds.  Nicely done, Mr. & Mrs. Crowther!

                Avatar
                New Member
                Maryland
                United States
                Member #193414
                October 29, 2018
                9 Posts
                Offline

                The lump sum was $10,774,362.  Taxes were what, at least $4 million.  They set up a $4 million trust fund for kids, etc.  Meaning they were left with about $2 million for themselves, and since they appear to be spending wisely, that could easily last the rest of their lives when combined with his pension, their Social Security, and any other available retirement funds.  Nicely done, Mr. & Mrs. Crowther!

                The jackpot was $16.7 million. The $10,774,362 was the take home after taxes.

                You gotta be in it to lose it :)

                  music*'s avatar - DiscoBallGlowing
                  USN United States Navy
                  Fresno, California
                  United States
                  Member #157851
                  August 2, 2014
                  3959 Posts
                  Offline

                  Yep, but the media prefer to focus on the minority who are dysfunctional.  This is a great feel-good story and I think there are many many more winners like the Crowthers who are level-headed.  I'm very happy for them.

                  I Agree! with you oate.  It is also more fun learning what to do correctly instead of what not to do.

                   "We are all in this together!" 

                    CDanaT's avatar - Nolz june15.jpg
                    Central TN
                    United States
                    Member #121189
                    January 4, 2012
                    4743 Posts
                    Offline

                    I Agree! with you oate.  It is also more fun learning what to do correctly instead of what not to do.

                    Music,

                    While having the positive success stories of winners years after is wonderful to hear and I do wish we could read a few more from time to time. I also find it a bit more educational of what not to do should someone be blessed with a large jackpot win. Granted, some of it is plain ignorance and/or lack of ethics(imho). I am not a fan of negativity and bad lotto stories as a mainstay but do greatly appreciate the "if I could do it over" or "I did this" pitfalls of some winners.

                    I am thankful for this site and the educational positive posting of Lottery do's/don'ts from the everyday player. Nothing speaks education to me more than the real life situations the LP family members suggest or relay. Just my nickels worth on the subject.

                    Integrity: There is just no substitute.

                      KY Floyd's avatar - lysol avatar.jpg
                      NY
                      United States
                      Member #23834
                      October 16, 2005
                      4262 Posts
                      Offline

                      The jackpot was $16.7 million. The $10,774,362 was the take home after taxes.

                      You might want to reread the story. The $10.77 million was the pre-tax cash value.

                      Using the nominal tax rates at the time the after-tax take home would have been about $6.8 million, leaving $2.8 million after putting $4 million into a trust for kids and grand kids. It's also worth noting that just because the article reports that they put $4 million into a trust for their kids and grand kids doesn't guarantee that they don't gain some benefit from that money.

                        music*'s avatar - DiscoBallGlowing
                        USN United States Navy
                        Fresno, California
                        United States
                        Member #157851
                        August 2, 2014
                        3959 Posts
                        Offline

                        Music,

                        While having the positive success stories of winners years after is wonderful to hear and I do wish we could read a few more from time to time. I also find it a bit more educational of what not to do should someone be blessed with a large jackpot win. Granted, some of it is plain ignorance and/or lack of ethics(imho). I am not a fan of negativity and bad lotto stories as a mainstay but do greatly appreciate the "if I could do it over" or "I did this" pitfalls of some winners.

                        I am thankful for this site and the educational positive posting of Lottery do's/don'ts from the everyday player. Nothing speaks education to me more than the real life situations the LP family members suggest or relay. Just my nickels worth on the subject.

                        CDanaT, Have you ever heard of Mark Gardiner? He split a jackpot in Britain with his business partner. Each received 11.7 million pounds. Mark's "I did this" and "If I could do it over" confessions were what he did to his close friends. Mark bought the three friends homes near his home. But after the paperwork went through and the friends owned their property they turned around and sold the homes/gifts for cash. Mark lost three friendships. 

                         Mark Gardiner can be found on Australia's Insight. "Windfall". Plus on YouTube. He might even have a book out by now. He won in 1995. 

                         "We are all in this together!"