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N.C. man wins two $25,000 a year for life prizes after accidentally playing same numbers twice

Dec 1, 2021, 11:43 am

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Lucky for LifeLucky for Life: N.C. man wins two $25,000 a year for life prizes after accidentally playing same numbers twiceRating:

RALEIGH, N.C. — The accidental purchase of two identical Lucky for Life tickets in Saturday's drawing produced not one but two $25,000 a year for life prizes for a very lucky North Carolina man.

"I was just laying in bed watching a basketball game on TV and I couldn't remember if I filled it out or not," said Scotty Thomas, a 49-year-old dump truck operator from Fayetteville. "I went ahead and filled it out again and the next morning my son asked why there were two different amounts listed. I realized, 'I think I filled it out twice.'"

Thomas received two emails because he bought the $2 tickets using the lottery's Online Play program on his smartphone. Winners get an email notification when they win.

"When I realized I won, I had to lay down on the floor because I really just couldn't believe it," Thomas said. "It's just a blessing."

When Thomas arrived at lottery headquarters Monday to collect his winnings, he faced a big decision. At age 49, he could take both prizes as annuities, receiving a total of $50,000 every year for the rest of his life. He could take one prize as an annuity — $25,000 a year for life — and the second as a lump sum of $390,000. Or, he could take both as lump-sum prizes of $390,000 each.

Thomas said he decided to take both prizes as lump-sum payments, $780,000 total, because he wants to invest in his business, pay off some bills, help out his family and possibly buy a house. After required federal and state tax withholdings, he took home $551,851.

Lucky for Life has a top prize of $1,000 a day for life. The second-biggest prize, $25,000 a year for life, is the prize that Thomas took home. Drawings are now held daily.

Lucky for Life is one of four lottery games in North Carolina where players have the option of buying their tickets through Online Play either through the lottery's website or with the NC Lottery Official Mobile App.

Ticket sales from games such as Lucky for Life make it possible for the lottery to raise more than $900 million a year for education.

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27 comments. Last comment 1 month ago by msmillionaire.
Page 1 of 2
Avatar
* In hot pursuit of $ *
White Shores- California
United States
Member #136471
December 12, 2012
6765 Posts
Offline

* Scotty is a lucky name.

 * Voice of Reason *   

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

    Lynn-Lynn's avatar - yocco
    Kansas city Mo
    United States
    Member #133399
    September 29, 2012
    60 Posts
    Offline

    Congratulations, on both of your wins

      rdgrnr's avatar - nw barkeep.jpg
      100
      Grand High Exalted Mystic Ruler
      The Hall Of The Mountain Kings Tennesse (East!)
      United States
      Member #73902
      April 28, 2009
      15180 Posts
      Offline

      He cleared $551,851.

      He wants to pay off his bills, invest in his business, help out his family and buy a house.

      That sounds a little ambitious to me depending on how much his bills are, how much help his family needs, how much he wants to put into his business and generally the inflated cost of real estate nowadays. Very ambitious.

      He should have taken one in a lump sum and one in an annuity in my humble opinion. 

                       Merry Christmas!                                

      (I don't say "Happy Holiday" for the 4th of July and I ain't sayin' it for Christmas either)

       

        Avatar
        Simpsonville
        United States
        Member #163182
        January 22, 2015
        2791 Posts
        Offline

        He cleared $551,851.

        He wants to pay off his bills, invest in his business, help out his family and buy a house.

        That sounds a little ambitious to me depending on how much his bills are, how much help his family needs, how much he wants to put into his business and generally the inflated cost of real estate nowadays. Very ambitious.

        He should have taken one in a lump sum and one in an annuity in my humble opinion. 

        I Agree!Like minds must think alike...thought the same thing.   Maybe he didn't want the annual tax burden?   Who knows.

        Amazed that states with 'newer' membership if you will for lotteries are offering on-line purchasing of lottery ticket and many of the 'older' ones don't care enough about their consumers to even offer it.  No doubt that their hands can be tied as in the case of the Massachusetts lottery...but @ least tickets can be scanned @ home...so slowly getting there.   Only the 21st Century.

          grwurston's avatar - Lottery-062.jpg
          Same #'s, different games.
          Here
          United States
          Member #90247
          April 24, 2010
          10972 Posts
          Offline

          If he takes the annuity on both prizes he'll end up with $35,375 a year after taxes. 24% Fed and 5.25% state. If he lives 25 years to age 74, he'll end up with $884,375 take home. That's way more than the $551,850 he got after taxes right now. If he does all the things he wants now, there might not be much left. 

          If he splits it, one annuity, one lump sum, at age 74 he has $718,112 clear. And 558,925 at 65.

          If he took the annuity on both and retires 16 years from now at 65, he'd have $566,000 after taxes.

          If he blows the lump sum completely, the one annuity leaves him 159,188 at 65. And 442,188 at 74.

          The lottery is the same way. 

          https://youtu.be/b5-iJUuPWis

            MADDOG10's avatar - smoke
            50
            Beautiful Florida
            United States
            Member #5709
            July 18, 2004
            26012 Posts
            Offline

            I think I wouldhave taken (1) in lump sum, the other in annuity. 

            Would always have something to fall back on.

                                                       

                                                                      “No one is more hated than he who speaks the truth.”
                                                                                                                                          — Plato
              Avatar
              Florida
              United States
              Member #186822
              January 2, 2018
              425 Posts
              Offline

              Always take the lump sum. He made the right choice. 

                Avatar

                New Zealand
                Member #177451
                September 29, 2016
                64 Posts
                Offline

                If he takes the annuity on both prizes he'll end up with $35,375 a year after taxes. 24% Fed and 5.25% state. If he lives 25 years to age 74, he'll end up with $884,375 take home. That's way more than the $551,850 he got after taxes right now. If he does all the things he wants now, there might not be much left. 

                If he splits it, one annuity, one lump sum, at age 74 he has $718,112 clear. And 558,925 at 65.

                If he took the annuity on both and retires 16 years from now at 65, he'd have $566,000 after taxes.

                If he blows the lump sum completely, the one annuity leaves him 159,188 at 65. And 442,188 at 74.

                You didn't include the opportunity cost of getting the $884,375 over 25 years...

                so you have to discount the value of the payments (by teh rate of inflation).. Meanwhile.. paying off debt and investing in a business can give a better return

                 

                Frankly.. Just buying a house now (IF US housing prices are anything like New Zealand).. $500k into a house today would be worth a heck of a lot more than $887k in 25 years (Typically houses double every decade or so... so.. near $2m...

                  JAMORA's avatar - ladyclover
                  NC
                  United States
                  Member #164391
                  February 28, 2015
                  3867 Posts
                  Offline

                  I think I wouldhave taken (1) in lump sum, the other in annuity. 

                  Would always have something to fall back on.

                  ditto....

                  "Don't waste time, it's the stuff life's made of..."

                  VTs are like looking for a sewing kit in a haystack as opposed to looking for the needle.

                    sully16's avatar - sharan
                    25
                    Ringleader
                    Michigan
                    United States
                    Member #81738
                    October 28, 2009
                    93183 Posts
                    Online

                    Congrats to the lucky guy, enjoy !  Party

                    Hello Friends. See Ya!

                      Avatar
                      New Member
                      Asheboro NC
                      United States
                      Member #214470
                      March 30, 2021
                      1 Posts
                      Offline

                      Really. Arguing over how he took his $2 dollar investment. Regardless anything over $2 is good. Why worry about the taxes. Look what he won. His money his decision.

                        Avatar
                        * In hot pursuit of $ *
                        White Shores- California
                        United States
                        Member #136471
                        December 12, 2012
                        6765 Posts
                        Offline

                        * Scotty is a lucky name.

                        *So you knocking folk like : Scotty Pippen,Scotty Kilmer, how about Scotty from Startrek   Really? Yawn

                         * Voice of Reason *   

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

                          rdgrnr's avatar - nw barkeep.jpg
                          100
                          Grand High Exalted Mystic Ruler
                          The Hall Of The Mountain Kings Tennesse (East!)
                          United States
                          Member #73902
                          April 28, 2009
                          15180 Posts
                          Offline

                          *So you knocking folk like : Scotty Pippen,Scotty Kilmer, how about Scotty from Startrek   Really? Yawn

                          You know you just responded to your own post and asked yourself a question, right?

                          I can't wait to see the answer.

                                           Merry Christmas!                                

                          (I don't say "Happy Holiday" for the 4th of July and I ain't sayin' it for Christmas either)

                           

                            Avatar
                            * In hot pursuit of $ *
                            White Shores- California
                            United States
                            Member #136471
                            December 12, 2012
                            6765 Posts
                            Offline

                            You know you just responded to your own post and asked yourself a question, right?

                            I can't wait to see the answer.

                            * Yes l did, because someone felt it necessary to downvote the mention of the name Scotty. Perhaps a past lover that cleaned out their bank account or left them with 3 young kids & took up with an 18 year old.  Asked & answered.

                             * Voice of Reason *   

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