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Unclaimed millions to save lives

Topic closed. 2 replies. Last post 11 years ago by Iesha Kelly.

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Australia
Member #17096
June 11, 2005
225 Posts
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Posted: December 12, 2005, 3:20 am - IP Logged

The mystery person yet to claim a record $23.2 million first division Powerball payout from last year, is about to save lives.

Annual interest on the windfall that sits in Queensland Government coffers has grown to about $1 million.
Deputy Premier Anna Bligh said the interest earnings would be used in research grants to five leading medical research organisations as part of the Golden Casket Foundation Grants program.

"This is a fantastic opportunity for us to invest through grants to medical researchers in Queensland hospitals, universities and research institutions," said the Minister for Finance and Development.

The grants include:

 $201,250 to the Sir Albert Sakzewski Virus Research Centre for a groundbreaking program aimed at creating vaccines to fight infectious disease and cancer.

 $250,000 to the Queensland Institute of Medical Research for state-of-the art equipment to better understand and treat cancer.

 $230,000 to the Queensland Cancer Fund to help develop and evaluate better ways to monitor and improve the care of cancer patients.

 $195,045 to the Royal Brisbane and Women's Hospital for Australian-first research to better understand inflammatory bowel disease.

 $104,315 to the Princess Alexandra Hospital to go toward lowering our blood pressure.

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    United States
    Member #1826
    July 11, 2003
    2645 Posts
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    Posted: December 12, 2005, 3:35 am - IP Logged

    Hey, that's not a bad deal.

    And for those of you who are less worldly minded lottery-wise, this article is referring to the Australian Powerball. 

    (insert signature here)

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      United States
      Member #24503
      October 23, 2005
      159 Posts
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      Posted: December 13, 2005, 12:57 pm - IP Logged

      i hope some of it finds its way  to ordinary people (you know, like paying for books and supplies in schools that need books and supplies) and not just research grants, too.