$1 million lottery ticket was overlooked for weeks

Comment #6

savagegoose — Wed, 27 Jun 2007 14:03:02 GMT

yeah 750k isnt really retirement money, its maybe buy a house and kep working money, or mortgage on 2 houses and u rent 1 out and work to pay second off.

dunno about over there but here in oz there isa some serous tax deductions if u do that

Comment #5

sirbrad — Fri, 22 Jun 2007 22:47:17 GMT

I can't wait to win the next millionaire raffle. $750,000 is plenty for me, and at 5% interest that is about $37,500 a year, which I can turn into millions over several years by living modestly enough. It will all add up fast, and before you know it I will be getting about $100,000 a year in interest. It IS a lot of money if you know how to invest it.

Comment #4

justxploring — Fri, 22 Jun 2007 17:51:38 GMT

I understand your comment, spy. I would love to get a check for $750,000. However, keep in mind that they deduct 25% automatically when a person wins, but if he doesn't have a lot of deductions, he will end up paying much more in federal income tax. With young children, I think he means it's not enough to retire and take care of his family. (That's why it's so hard to interpret what someone really means from a newspaper article.)

Congrat to the winner! It's a good thing he didn't wai... [ More ]

Comment #3

JackpotWanna — Fri, 22 Jun 2007 17:04:57 GMT

Nice little nest egg. WTG!!!!!

The Checchins agree on one point - they aren't ready to turn in their two-week notices just yet, even on the estimated $750,000 they'll get after taxes.

Comment #2

DoubleDown — Fri, 22 Jun 2007 16:53:03 GMT

WTG Mr. Checchin !

We see one of these I forgot about the ticket stories at least once per month. I'm just glad the ticket didn't expire....but not as glad as the Checchins !!!!

Heck with a last name like Cha-ching, they had to win

Comment #1

spy153 — Fri, 22 Jun 2007 16:35:51 GMT

well, it's not retirement money, but saying it isn't much is just wrong. But look who I'm talking about, he didn't even check his ticket for weeks. I was hanging on the edge of my seat until the draw in May. The very thought of winning made my hands sweat. And this joker wins

$1 million lottery ticket was overlooked for weeks

Lottery Post — Fri, 22 Jun 2007 16:21:19 GMT

Tennessee man carried winning raffle ticket in his wallet

It was a little surreal.

That was the reaction Kathy Checchin of Murfreesboro had when her husband, Rick, called to tell her they were million-dollar winners in the Tennessee Lottery.

(Winning numbers: https://www.lotterypost.com/tn-lottery-raffle-2007-05-14.asp)

Her husband won the money May 14 in the Million $ Madness drawing. He just didn't know he had until Thursday.

I bought the tickets and just held onto them. I st... [ More ]