A North Carolina man was about to throw three scratch-off lottery tickets away after none of them won much.
Then he saw the second-chance heading on the Colossal Cash tickets, according to a lottery news release on Thursday.
"Until I read that, I didn't even know there were second-chance drawings," Derrick Suber of Charlotte told NC Education Lottery officials.
Suber entered his tickets into the $10,000,000 Colossal Cash Second-Chance Drawing on the lottery's website and won $1 million. He beat odds of 1 in 990,000, according to the lottery website.
Players can enter winning and non-winning tickets into second-chance drawings for a chance to win cash and other prizes.
"I thought, 'Is this really happening?'" Suber told officials when he claimed his prize at lottery headquarters in Raleigh on Thursday. "This isn't something that happens every day."
Suber could choose between an annuity with 20 annual payments of $50,000, and a $600,000 lump sum. He chose the lump sum.
After tax withholdings, he took home $424,500, which he will use to pay his student loans and mortgage.
"It feels great to have this second chance," Suber, an electrical technician, told lottery officials. "To be debt free and not have to worry about this is a blessing."
Three $10,000,000 Colossal Cash second-chance drawings remain. The game offers 25 prizes of at least $1 million, with the top prize $10 million.
Another recent $1 million lottery winner from North Carolina left the winning Powerball ticket unattended for weeks on his dining room table, Lottery Post reported Thursday. The man said he was stunned and his wife was speechless when they finally checked the numbers.
The man, who chose to remain anonymous, bought the winning ticket for the June 8 Powerball drawing at a Nanba in Bennettsville.
Congrats to him, love second chance drawings.
I'm glad to see he woke up from the coma that he was in. That ticket has been out since last Aug. and another $30 ticket has joined it also with a second chance drawing. North Carolina Educational Lottery is notorious for writing b.s. feel good stories and that one is on the top of the list. Stores everywhere advertise the second chance drawing for the $30 ticket. The one he won on is the second drawing of three. The recent $30 ticket has it's first second chance drawing the first week of next month. Sorry that I sound negative but I get sick and tired of NCEL coming up with these b.s. stories. Woman stops for milk and bread and buys one scratch off ticket and wins $100,000 or the woman who normally doesn't gamble had a friend talk her into buying one scratch off ticket and she won $50,000. These are true examples that have been written.
reddog time for you to win on your NCEL.
Congratulations to the second chance millionaire.
A classic when Derrick Suber exclaimed, "Is this really happening?"
His student loans and mortgage are history.
Who would say NO to $424,500.00 But beware he might still owe a little bit more to the tax man.
State tax on $600,000 (5.8% flat rate) $34,800
Federal tax on $600,000 (we'll assume no other income.. ) $187,689.50
$600,000 - $187,689.50 = $412,310.50 ( $424,500 - $412,310.50 = $12,189.50 still to pay federal..
plus state tax... ($34,800)
additional tax to pay $46,989.50
If he has other income, then he owes more (And I'm betting he has other income)
He'll walk out with less than $377, 510.5
But still a very nice pay day!
Just another "feel good" story from the North Carolina Extortion Lottery (NCEL). Second change are nothing more than another way for them to track your play habits and what you spend. No thanks, stopped playing scratch offs 2 years ago (at least in NC) and never looked back. Good for him, glad he got something from these NC crooks!
LOL, you should become a copywriter for the NCEL advertising department.