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73°
Monday, sep 30
Tag:
Annuity
News
$1M Lottery Jackpot: Winning Ticket Sold In Quincy
It was a very lucky day for one Bay Stater after they won $1 million in the Massachusetts State Lottery on Thursday, Sept. 19. The End of Summer Trust collected the cash for the winner. They won the seven-figure payday playing the “777” game, a $10 scratch-off ticket. Related: Braintree Man Preps For Future With $1 Million Lottery Win The winner chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity. They bought the winning ticket at Family Convenience at 263 Water St. in Quincy. The store will get a $10,000 bonus for the sa…
Lifestyle
Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret
The only thing better than winning the lottery is doing it anonymously. There are countless stories of lottery winners who've gone bankrupt in part from empty-handed "friends" or scammers looking for a rich target. In Massachusetts, winners must divulge their names and pose with novelty checks boasting their jackpot amount unless they create a trust to collect their cash. Attorney David Spillane, a partner at the Quincy-based law firm SKB Attorneys, who's done nearly 100 of these trusts, connected us with some of those winners who chose to keep their paydays a secret to see what life …