Tag:

Investment

Newly Minted Millionaire: Western Mass Man Has Wholesome Plans For His Big Payday Newly Minted Millionaire: Western Mass Man Has Wholesome Plans For His Big Payday
Newly Minted Millionaire: Western Mass Man Has Wholesome Plans For His Big Payday A Chicopee man is the latest gambler to collect a massive jackpot by playing the Massachusetts State Lottery's new Christmas-themed scratch-off games.  Timothy Mortell won $1 million in the “$2,500,000 Merry & Bright," a $10 scratch-off game. Related: Taunton Man Lands $1 Million Payday On New Scratch-Off Game Mortell chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity.  He said he plans to share the winnings with his mom and invest the rest.  Mortell bought the winning ticket at Yazzy’s Market at 810 Meadow St. in Chicopee. The…
Newly Minted Millionaire: Central Mass Man Has Sensible Plan For His $1M Payday Newly Minted Millionaire: Central Mass Man Has Sensible Plan For His $1M Payday
Newly Minted Millionaire: Central Mass Man Has Sensible Plan For His $1M Payday While some lottery winners buy fancy cars or lavish homes with their jackpots, a recent Worcester winner has a much more reasonable approach.  Jose Tejada Grullon won $1 million in the Massachusetts State Lottery playing the “Bonus 100X" $10 scratch-off game.  He chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity.  Grullon says he is going to invest the money.  He bought the ticket at O’Hara’s Wine & Liquors at 402 W. Boylston St. in Worcester. The store will get $10,000 for the sale.
Weymouth's Lottery Luck Continues: City Claims Third Major Win In 2 Weeks Weymouth's Lottery Luck Continues: City Claims Third Major Win In 2 Weeks
Weymouth's Lottery Luck Continues: City Claims Third Major Win In 2 Weeks There must be something in the water in Weymouth. For the third time in less than two weeks, someone from the city has collected a major lottery win.  This time it was for $120,000.  John Connolly Jr. won the six-figure prize playing Keno on the Wednesday, Sept. 4, drawing. He originally won $40,000, but that was tripled because he purchased the multiplier.  Connolly said he would use the money to take a vacation and invest the rest.  He bought the ticket at The Brew House at 703 Granite St. in Braintree. The bar restaurant will receive a $1,200 bonus for the sale…
And Another One! Mass Diner Sells Its 3rd $1M Lottery Ticket This Year And Another One! Mass Diner Sells Its 3rd $1M Lottery Ticket This Year
And Another One! Mass Diner Sells Its 3rd $1M Lottery Ticket This Year A man looking for a lost car seat on Nantucket wound up with a lot more after he stopped at a popular diner for a snack and walked out a millionaire. It's becoming commonplace at the restaurant as it has sold three lottery tickets worth $1 million or more in the past six months.  Sean Durnin, a Nantucket restaurateur, is the latest winner.  Durnin bought a $20 scratch-off ticket from the Old South Diner at 57 Old South Road while making food deliveries on the island. A car seat stowed away in the back of his truck had fallen out during his route, and he was backtracking.  Af…
$1M Lottery Winner: Pembroke Woman Planning Family Vacation With Big Payday $1M Lottery Winner: Pembroke Woman Planning Family Vacation With Big Payday
$1M Lottery Winner: Pembroke Woman Planning Family Vacation With Big Payday A Massachusetts woman has big plans for her family after winning a $1 million prize in the state lottery.  Erin Cobb, of Pembroke, won the seven-figure payday in the "Jaws"-theme instant win game. Related: Mass. Lottery Winner Dreamt About Winning Ticket Before Buying It  She said she plans to invest the money and take her family on a well-earned vacation.  "This is life-changing," she told the lottery. "We will make the most of it and will have some fun!" Cobb elected to take the lump-sum payment of $650,000 (before taxes) rather than the annuity.  She bought the ti…
Newly Minted Millionaire: Western Mass Woman Has Big Plans For Her Major Payday Newly Minted Millionaire: Western Mass Woman Has Big Plans For Her Major Payday
Newly Minted Millionaire: Western Mass Woman Has Big Plans For Her Major Payday A Hampden County woman turned a $30 lottery ticket into a $1 million check and plans to secure her financial future.  Deborah Gauthier, of Ludlow, won the seven-figure prize playing the Massachusetts State Lottery's "$300X," a $30 scratch-off game. Four $1 million winning tickets remain in the game and two $15 million prizes haven't been found.  Related:  Marshfield Man Celebrates July Fourth With $1 Million Lottery Win Gauthier chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity. She said she plans to invest the money.  She bought t…
$1M Lottery Jackpot: Mass Man Celebrates Independence From Debts With July Fourth Win $1M Lottery Jackpot: Mass Man Celebrates Independence From Debts With July Fourth Win
$1M Lottery Jackpot: Mass Man Celebrates Independence From Debts With July Fourth Win A Marshfield man doesn't plan on splurging too much with his newfound $1 million windfall from the Massachusetts State Lottery. He wants to invest his money. Joel Laffin won the seven-figure sum by playing the $10 scratch-off game "$4,000,000 Monopoly Doubler." Six $1 million tickets have not been found in the game, and three $4 million cards remain in circulation.  Related: Salem Woman Looks To Upgrade Her Ride After $1M Lottery Win Laffin took the lump sum payment of $650,000 (before taxes) rather than the annuity.  He bought the winning ticket on the Fourth of July at&nb…
Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret
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 …