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TagResults 1 - 10 of 18 for Annuity. (0.03 seconds)

UK Lottery's first £10k a month for life winner goes public as he reveals bucket list
A 24-year-old Amazon worker is celebrating after becoming the first person to win the National Lottery's 10,000 a month for the next 30 years. This will total to 3.6 million (US$4.4 million), and he has already quit working for the tech giant in the hopes of becoming a script writer, as well as fulfilling items on his unusual bucket list. Dean Weymes scooped the huge top prize while playing Set For Life for the first time on the national lottery website on Monday last week. He said he c ...
Aug 7, 2019, 2:39 pm - Lottery News forum

Woman given lottery ticket for graduation gift wins $2,000 a month for life
By Todd Northrop Imagine starting life after graduation with a $2,000 a month head start. That's exactly what one Connecticut woman did. 22-year-old Anissa Dellaripa of South Windsor, Connectiucut, was given a $1 Win for Life Ticket for graduation and it paid off in a big way. My dad often buys me scratch tickets for fun, Dellaripa told lottery officials. He gave me this one and said, 'Here, scratch it.' The ticket cost only a dollar. Dellaripa scratched the ticket and couldn't bel ...
Sep 15, 2018, 8:54 pm - Lottery News forum

Teen buys first lottery ticket on her 18th birthday and wins $1,000 a week for life
Charlie Lagarde was celebrating her ascent into adulthood. On her 18th birthday earlier this month, the Canadian teenager bought a bottle of sparkling wine and a $4 scratch lottery ticket at a nearby convenience store in Quebec and, just like that, her future was off to a very nice start. Loto-Qu bec officials said in a statement that after buying her first lottery ticket, Lagarde won the grand prize March 14 in the Gagnant vie (Winner for life) game. Her first major decision as an adul ...
Mar 29, 2018, 10:45 am - Lottery News forum

18-year-old wins $26,000 a year for life in Florida lottery
One lucky Florida teen will receive $26,000 year after winning the top prize in the state's latest $500 a Week for Life scratch-off lottery. Daniela Leon Ruz, 18, will receive the money in annual payments of $26,000 after choosing not to collect a lump sum of $410,000, according to a press release by the Florida Lottery. The teen or her estate if something were to happen to her will collect the money for a minimum of 20 years, or for the duration of her life if it's longer than that. Ru ...
Jul 26, 2017, 7:29 pm - Lottery News forum

Massachusetts man hits $4 million lottery jackpot on a $10 bet
A Massachusetts man will be receiving lottery riches for the next 20 years after turning a $10 bet into a $4 million lottery jackpot. Anthony McLaughlin of Rockland, Massachusetts, chose to collect the prize over 20 years in annual payments of about $130,000 after taxes. He told lottery officials when he claimed the prize on Wednesday that he will use some of the money to buy a new car and to pay for his school tuition. He won the prize on a $4,000,000 Winfall ticket he bought at Fast Lane ...
Oct 24, 2016, 9:12 am - Lottery News forum

Judge rules NJ couple's lottery annuity payments can't be taxed retroactively
A New Jersey Tax Court judge has sided with a couple who won $46 million in the state lottery in 2000 and elected to have their winnings distributed in annual installments as a multiyear annuity payment, holding that the state did not have the right to retroactively tax their winnings after passing a new statute. Plaintiffs Melvin Milligan and Kim Lawton-Milligan, who won the Big Game Lottery jackpot drawing in 2000, opted for 26 annual payouts of $1.77 million. They argued that the 2009 sta ...
Oct 14, 2016, 9:33 am - Lottery News forum

Man wins lottery, loses in court
A lottery winner who claims he was deceived when his lawyer teamed up with a finance company and persuaded him to take a lump sum for his annualized jackpot narrowly lost a split decision at the state Supreme Court Monday in a case that turned on how long victims have to sue. In his suit against the finance company, John D. Flannery claimed and the Supreme Court concluded that he was given bad tax advice by attorney Glenn MacGrady and Singer Asset Finance to induce him to take a one-time paym ...
Jun 17, 2014, 7:28 am - Lottery News forum

Man overcomes gambling addiction, wins lottery
Joseph T. Jones Jr. won $20.8 million in 1992 in a Pennsylvania Wild Card Lotto $993,000 yearly for 21 years. He just deposited the last check months ago. I didn't spend it all. I didn't lose it all, said Joe. His nickname for the last 20 years has been Lotto. If I'm at the urinal at an Eagles game, he explains, and one of my friends sees me, he'll yell, 'Yo, Lotto!' Joe, 61, is still selling office supplies, though work is a relative term. He visited two clients before he hit th ...
Jul 6, 2013, 8:47 am - Lottery News forum

1987 Pennsylvania Lottery winners to receive final payments
When Ronald Shuey learned that he and his co-workers won the lottery in 1987, he imagined himself buying a shiny black Jaguar. Sheri Charney started planning her new house. Connie Connolly's husband thought he could buy a fancy boat. Many were too excited to sleep the night of Oct. 21, 1987. The next morning, the 17 employees of the former Herman Avenue Elementary School in Lemoyne celebrated with coffee, doughnuts and fruit in the teachers lounge. Don't all lottery winners dream? I ...
Oct 22, 2012, 8:27 am - Lottery News forum

N.Y. Lottery winner gets $10,000 a week for life ... sort of
It's good to be alive, said Floyd E. Harvey as he accepted a symbolic check for $10 million from New York Lottery officials Wednesday. Mr. Harvey, 41, Route 38, was feted at Fefee's Market on West Main Street. He won the jackpot prize of $10,000 a week for life Thanksgiving Day after purchasing a $20 Win for Life Spectacular scratch-off ticket at the store. Although state Lottery officials promote the Win for Life Spectacular instant game as a chance to win $10,000 each week for life, Mr. ...
Dec 10, 2010, 7:51 am - Lottery News forum

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