$1.6 million lottery payout means 'mortgage-burning party' for N.C. man

Comment #30

Murgatroyd — Fri, 06 May 2016 03:46:22 GMT

Paying off debt is always a good investment, especially for big debts like mortgages.

Comment #29

cashflow1 — Fri, 06 May 2016 00:31:18 GMT

Yep.....all too often do you see the owner, manager or employee of the store where the ticket is purchased as the winner . In my hometown the owner's son purchased as scratch off and won 5 million...hmmm

Comment #28

dallascowboyfan — Mon, 02 May 2016 15:01:37 GMT

Congratulations Mr. Zimmerman....

Comment #27

Shelby Mustang — Sun, 01 May 2016 16:10:27 GMT

Lol we don't need a cooling off period. I think you should be able to get the money the same day. Like JG Wentworth says... It's your money get it when you want it

Comment #26

haymaker — Sun, 01 May 2016 15:31:59 GMT

Thanks,

but it's been a while, over 2 years.

Comment #25

HaveABall — Fri, 29 Apr 2016 01:28:58 GMT

heymaker, congratulations on your tidy win

Comment #24

HaveABall — Fri, 29 Apr 2016 01:26:03 GMT

Ah, golfer1960, lovely notion

Comment #23

haymaker — Wed, 27 Apr 2016 15:57:19 GMT

There's already a cooling off period...the time between the win and the collect.

when I hit 4/5 on the JC5 game it took over 4 weeks to get paid,

if that's not enough I been in cooling ever since I bought my first tix.

Comment #22

sully16 — Wed, 27 Apr 2016 15:37:24 GMT

Congrats to the lucky guy, enjoy that Mortgage Burning party.

Comment #21

golfer1960 — Wed, 27 Apr 2016 15:19:06 GMT

ALABAMA!! ROLL TIDE, ROLL

Comment #20

rcbbuckeye — Wed, 27 Apr 2016 14:50:30 GMT

My wife and I loved Alabama. Saw several concerts. They really put on a show.

Comment #19

rcbbuckeye — Wed, 27 Apr 2016 14:48:41 GMT

Well, with the financial situation around the world, if someone is able to relieve themselves of debt, it's the smartest thing they can do.

I've got about 4 years to retirement, and the best way to retire is with no debt. Easier to live cheap with no obligations.

Comment #18

golfer1960 — Wed, 27 Apr 2016 14:35:23 GMT

PLACE THE MORTGAGE IN THE FIREPLACE, BURN IT DOWN, SIPPIN ON SOME COOL JACK DANIELS AND JAMMIN TO SOME OLD ALABAMA.

Comment #17

golfer1960 — Wed, 27 Apr 2016 14:27:06 GMT

Comment #16

golfer1960 — Wed, 27 Apr 2016 14:24:11 GMT

PARTY ON MR. ZIMMERMAN. CONGRATULATIONS

Comment #15

faber98 — Wed, 27 Apr 2016 14:20:35 GMT

he only won 1.6 million. an amount no one on here would even consider spending 2.00 on to try to win that if it had been other than a scratch off card. he doesn't need professional financial advice which he would have to pay for and get talked into investing with these sharks who would do nothing more than try to position his money so he couldn't spend it but they could. i'm sure his mortgage isn't that much of a percentage of this so pay the thing off and hope a hurricane, fire, or flood doesn... [ More ]

Comment #14

myturn — Wed, 27 Apr 2016 13:20:23 GMT

Paying off a mortgage may feel good, however it may not be the best financial decision.

Lottery winnings should get independent, professional financial advice, before any decisions are made.

This is why I believe there should be a cooling off period before winners receive their prize money.

Comment #13

cbr$ — Wed, 27 Apr 2016 04:44:08 GMT

Congratulation to Michael Zimmerman on his win. He wants a mortgage burning

party. Great if it a nice night when you have it. Don't forget some campfire

marshmallows.

Comment #12

ErikB14 — Wed, 27 Apr 2016 03:38:33 GMT

Congratulations MR Zimmerman on your windfall

Comment #11

Groppo — Wed, 27 Apr 2016 01:43:28 GMT

I needs me a small win like he got.

I needs to get me a modest house, a RAM pickup, and possibly a Fatboy S.

(Of the 3, I can do without the Harley, for now.

Comment #10

Bleudog101 — Wed, 27 Apr 2016 00:30:34 GMT

Congratulations. Same here, when I win, here comes the mortgage burning party. Nice story for a rainy night.

Comment #9

faber98 — Tue, 26 Apr 2016 20:26:00 GMT

there are thousands of patels running stores in this country. ok, you stay clear of them. ok to keep your money but what do you figure on paper. what is cheaper in tennessee exactly. who is losing your money in murfreesboro. what exactly is funny and who cheated you for years. i think you got cheated out of an education in school if you actually went. clear this up for everyone.

Comment #8

TnTicketlosers — Tue, 26 Apr 2016 19:58:46 GMT

The Patels are running our country.....I stay clear of all those places now,stores,hotels,subways,.....Keep my money and figure on paper.It's alot cheaper in Tennessee............I know they are losing my money in Murfreesboro.I think it's funny.Cheated us for years.

Comment #7

LiveInGreenBay — Tue, 26 Apr 2016 19:34:07 GMT

I wonder if they wait before issuing the winning tickets? If the winning tickets are sold too early, sales would drop to nothing and they'd lose money.

Comment #6

Mrs. Lotto-nc — Tue, 26 Apr 2016 19:21:25 GMT

Been looking for someone to win a top prize on this ticket!! wondering why it took so long.... Congrats and spend a little and save a lot is the motto me and the hubby live by

Comment #5

mypiemaster — Tue, 26 Apr 2016 19:16:57 GMT

Good thing he is not named Patel or this thread would have exploded!!!.

Comment #4

Raven62 — Tue, 26 Apr 2016 19:07:35 GMT

Good Name for this Game

Comment #3

LiveInGreenBay — Tue, 26 Apr 2016 19:07:32 GMT

$20.00 for a scratch ticket is kind of steep. Think I'll pass on that one.

Comment #2

Brynja — Tue, 26 Apr 2016 17:43:34 GMT

so he's the assistant manager at the grocery store where he bought the winning ticket on his day off and 'something told him to buy one more'......

yep, nothing fishy going on here folks......

Comment #1

music* — Tue, 26 Apr 2016 17:20:35 GMT

As Michael Zimmerman said, I was totally stunned. A very common human reaction to winning the lottery.

I am glad that he did not fall down.

Be prepared to win big.

Congratulations to Michael Zimmerman

$1.6 million lottery payout means 'mortgage-burning party' for N.C. man

Lottery Post — Tue, 26 Apr 2016 16:23:49 GMT

A Liberty, North Carolina, man says he plans to pay off the mortgage on his home after his Millionaire Bucks win.

Michael Zimmerman, of Liberty, works as an assistant manager at the Ready Mart on North Main Street in Randleman.

According to a news release from the North Carolina Education Lottery, he bought the winning $20 ticket at the store on his day off. He got one ticket and didn't win anything, but said something told him to buy a second one. That one turned out to be the winner.... [ More ]