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Investing a windfallNews Story
What to do when a pile of money is suddenly dumped into your lapI expect to receive a windfall of about $500,000. Buying a house is first on my list, but I'm not sure how to invest the rest. I'm open to real estate ventures or just about anything else, but I'm wary of the people passing themselves off as financial advisers. What do you suggest?Tammy, Statesville, N.C.It's not often that I invoke the lyrics of rapper Eminem in this column. In fact, I think I can safely say that I've never done it
Jan 16, 2004, 11:17 am - Lottery News

Longtime lottery player's $36 million ticket is worth the waitNews Story
Ever since she turned 18, Tanya Belair has played the Pennsylvania Lottery's jackpot games with mind-numbing regularity.She long ago stopped checking her $5 tickets after each drawing. Instead, the 29-year-old biologist from North Londonderry Twp., Lebanon County, stockpiled her chances in a box, checking them en masse when the piles got too big.But that routine was interrupted Oct. 19 when her dad, Frederick, showed her a newspaper report that the winning Super 6 Lotto ticket from the previous
Oct 31, 2003, 5:09 am - Lottery News

Luck runs out for N.Y. lottery winnersNews Story
When members of the Lucky Lotto Lady Partnership won $23 million in 1994, they thought their money woes were over for good. But nearly a decade later, the group is battling a formidable foe over its winnings: the Internal Revenue Service. This time, the Lucky Lotto Lady Partnership is going to need more than luck -- it'll need a change in federal law in order to win.The dispute is over taxes. Not whether the group should pay them, but how much of its lottery winnings should go to the IRS. And Un
Sep 29, 2003, 3:37 am - Lottery News