Investment banker cashes in $9.3 million winning Oregon lottery ticket

Comment #15

LOTTOMIKE — Sun, 26 Jun 2005 01:48:21 GMT

Comment #14

CASH Only — Sun, 19 Jun 2005 17:23:05 GMT

Lump sum is better, even if the cash is only half of the annuity.

Comment #13

ryanm — Sun, 19 Jun 2005 16:07:43 GMT

Yeah, they probably develop a lifestyle where they cannot live off $4.65 million + interest for the rest of their lives.

Comment #12

CASH Only — Fri, 17 Jun 2005 17:07:37 GMT

Henderson hit Lotto TX; afaik he won ONCE.

Comment #11

JimmySand9 — Fri, 17 Jun 2005 05:11:46 GMT

This might be the last WA Lotto winner for a while. Once everyone gets wind of the draw changes, they'll stop playing. Good thing we still have Maryland Lotto, which is pretty much the same game.

Comment #10

four4me — Fri, 17 Jun 2005 05:08:34 GMT

because he's probably addicted to his job and works for salary plus commission, probably has a 6 figure income possibly 7 figures. Anyone making that kind of dough also has a high debt to income ratio. Needs every penny he can make to keep floating the boat.

Comment #9

LOTTOMIKE — Fri, 17 Jun 2005 04:04:21 GMT

if i'm correct 'ol hollywood henderson won TWICE,two different occasions i remember reading that in his book,wow he is lucky

Comment #8

Rip Snorter — Fri, 17 Jun 2005 03:17:23 GMT

I seem to recall reading that Hollywood Henderson spend $100 a draw for two years before he won the jackpot.... I don't recall the size but it might have been upwards of $25 million... Powerball in CO, if my memory serves me right.That puts him into it for around $10K before he won. I'd say old Hollywood was about as deserving as anyone else, given the circumstances.Jack

Comment #7

BabyJC — Thu, 16 Jun 2005 15:15:35 GMT

I use to work at a law firm that had wealthy clients who set-up trust funds wills, etc. One of the clients (who had never played the lottery before) won a $25 million jackpot. It was unbelievable

Comment #6

CASH Only — Thu, 16 Jun 2005 14:28:23 GMT

Notice that the cash option was for half the annuity, instead of according to interest rates.

Comment #5

mtoedtemeier — Thu, 16 Jun 2005 03:07:58 GMT

I have the plans now all I need is the money:) I play about 30$ a game but the most I have won is 30

Comment #4

weshar75 — Wed, 15 Jun 2005 22:31:22 GMT

This guy won the Washington lottery for 9.3 million not the Oregon lottery. I saw it on the news this afternoon he did not win anything from the Oregon lottery. Must have been a typo.

Comment #3

JAG331 — Wed, 15 Jun 2005 20:04:48 GMT

Maybe he actually likes his job.

Comment #2

LOTTOMIKE — Wed, 15 Jun 2005 19:57:14 GMT

why in the world would this person want to keep working

Comment #1

JAG331 — Wed, 15 Jun 2005 19:15:13 GMT

It's refreshing to see all sorts of people win the lottery....rich and poor. Makes me believe it's all random in the end.

Investment banker cashes in $9.3 million winning Oregon lottery ticket

Lottery Post — Wed, 15 Jun 2005 17:09:02 GMT

A Seattle investment banker who wants to keep working in spite of his good fortune has cashed the winning $9.3 million Lotto jackpot ticket for Saturday night's drawing.The prize was the largest jackpot since Washington's Lottery switched from Lotto Plus back to classic Lotto in October of 2003.Peter Kerr, who works for UBS Financial Services, Inc., of Seattle, selected the cash option for his winnings, providing him with half the jackpot amount, $4.65 million. His wife, Cynthia Wells, was at hi... [ More ]