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Lotto winner gives $1M to friend

Insider BuzzInsider Buzz: Lotto winner gives $1M to friend

Multi-million-dollar lottery winner Barry Funk is a man of his word.  Twenty years ago, buddies Funk and Michael Hawryshko promised each other that if one of them ever won the lottery, he'd give the other a million bucks.

Funk, a flooring contractor, and his wife Patty Gau, a high school science teacher, won $10.8 million in last Friday's Super 7 lottery draw.

When claiming the prize yesterday, Funk announced he and his wife will give $1 million to Hawryshko and his wife Susan.

Funk and Gau's winnings are from a $32.5-million jackpot that was split three ways.

"Just to be able to help somebody feels good, but it's been that way for 20 years," Funk said yesterday.

Calgary Sun

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11 comments. Last comment 13 years ago by Mana.
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Mana's avatar - mana
Virginia Beach
United States
Member #3375
January 16, 2004
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Posted: February 11, 2004, 7:11 am - IP Logged

Heh.. kinda shows that there are a few honorable people left in this world these days. Even such a promise made 20 years ago. o.o

... insert witty quote here ...

... My behavior and apperance betrays my age ... but I'm good enough ...
besides, people in person would still be afraid to talk to meh, even if I had millions ^^;

    Avatar

    United States
    Member #972
    December 30, 2002
    465 Posts
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    Posted: February 11, 2004, 7:48 am - IP Logged

    I wonder how that works. Guy wins $10.8 million and pays all the taxes on it, then gives $1 million to his friend, who pays taxes on it again? I hope they found a better way to transfer the funds.

      BuckyBill's avatar - flat2
      New Member
      Austin
      United States
      Member #1669
      June 14, 2003
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      Posted: February 11, 2004, 9:05 am - IP Logged

      Super 7 is a Canadian lottery.  No taxes on lottery winnings.  No taxes on gifts.

        Avatar
        Kentucky
        United States
        Member #1528
        May 18, 2003
        728 Posts
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        Posted: February 11, 2004, 11:58 am - IP Logged

        Thats the way it should be in the U.S.A. Taxes has been paid on the money that you buy lotto tickets with .I dont see the Gov. giving you money to buy the tickets with.

          mayan27's avatar - Lottery-009.jpg
          Minnesota
          United States
          Member #2426
          October 2, 2003
          84 Posts
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          Posted: February 11, 2004, 12:27 pm - IP Logged

           

                A friend of his word is a friend indeed.Be careful with the friends you choose in life,they either make you or break you.As Oprah Winfery stated,"Sorround yourself with people of positive thinking,and they will help to lift you up".That is the meaning of true frienship,Sharing when its time to share,weeping when its time to weep.Always remember to look down when you climb the ladder of life.

            Avatar

            United States
            Member #972
            December 30, 2002
            465 Posts
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            Posted: February 11, 2004, 3:05 pm - IP Logged

            Thanks. I agree, lottery winnings are doubly taxed, first when they take 40 cents or more each dollar when you buy a ticket, then when you win you must pay 33% or so of your jackpot back to the government.  They shouldn't be allowed to have it both ways. Once again, Canada is more enlighted than the primitive, greedy USA. 

              Avatar
              Wisconsin
              United States
              Member #1610
              June 3, 2003
              668 Posts
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              Posted: February 11, 2004, 3:56 pm - IP Logged

              there should be no taxes on lotto prizes

              ... the lottery never fails to surprise!
                Magnu$'s avatar - nw logo.jpg
                New Member

                United States
                Member #3416
                January 20, 2004
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                Posted: February 12, 2004, 1:20 am - IP Logged

                Heh, at least if you are going to tax it. Tax it only once. I reckoned long ago if I actually won 10 Mil I;d come away with about 2 of it after Child support, my fianceee (been with her 10 years and we play equally so we split down the middle), my Mom, my family and my two children and of course taxes and the penalty for taking it all at once. I would sit those two in the bank after hacking off 100k to pay bills and get a Brand spanking new 2004 vette. Oh yeah we have to go back to school to learn to manage large sums of money. (I have no idea hwen this turned into a rave but...forgive me *smiles dreamily at his big game ticket*)

                "In the codes of the warriors, there is a saying; 'Be strong, and do as you will. The swords of others will set you your limits.'" --p.10, Marauders of Gor

                  fja's avatar - gnome1

                  United States
                  Member #91
                  January 19, 2002
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                  Posted: February 12, 2004, 7:06 am - IP Logged

                  regardless of the taxes, its still a great story!!

                  "Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

                    Todd's avatar - Cylon 2.gif
                    Chief Bottle Washer
                    New Jersey
                    United States
                    Member #1
                    May 31, 2000
                    23274 Posts
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                    Posted: February 12, 2004, 10:37 am - IP Logged
                    Quote: Originally posted by Magnu$ on February 12, 2004


                    ...I would sit those two in the bank after hacking off 100k to pay bills and get a Brand spanking new 2004 vette....



                    Good thought!  (The vette part.)

                    I didn't wait for a lottery win to get mine!


                     

                    Check the State Lottery Report Card
                    What grade did your lottery earn?

                     

                    Sign the Petition for True Lottery Drawings
                    Help eliminate computerized drawings!

                      Mana's avatar - mana
                      Virginia Beach
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                      January 16, 2004
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                      Posted: February 12, 2004, 4:40 pm - IP Logged
                      Quote: Originally posted by Todd on February 12, 2004



                      Good thought!  (The vette part.)

                      I didn't wait for a lottery win to get mine!






                      as my friend would say it ...

                      VROOM!

                      ... insert witty quote here ...

                      ... My behavior and apperance betrays my age ... but I'm good enough ...
                      besides, people in person would still be afraid to talk to meh, even if I had millions ^^;