Fair 22°
Tag:

Annuities

News
New Millionaire: Weymouth Man Wins $1M In Lottery Ticket Bought In Quincy New Millionaire: Weymouth Man Wins $1M In Lottery Ticket Bought In Quincy
New Millionaire: Weymouth Man Wins $1M In Lottery Ticket Bought In Quincy A Weymouth man is eyeing a new home after he won $1 million in the Massachusetts State Lottery on Wednesday, Aug. 28.  Joseph Rooney won his seven-figure check playing the $20 scratch-off game “$10,000,000 Cash Blast.” Three of the game's $10 million grand prizes remain in circulation, along with two $1 million winners.  Related: $15 Million Lottery Ticket Sold In Lynn, Winner Plans To Help Family Rooney elected to accept his money in annuity installments that pay out $50,000 annually for the next 20 years. The lump sum payment would have been $650,000 before taxes.  Rooney…

SHARE

by Josh Lanier
News
Lottery Luck: Weymouth Man Wins $25,000 A Year For Life Lottery Luck: Weymouth Man Wins $25,000 A Year For Life
Lottery Luck: Weymouth Man Wins $25,000 A Year For Life A Weymouth man said he will take his daughter on a well-earned trip to Florida after winning $25,000 a year for life in the Massachusetts State Lottery.  Joseph Sciaraffa correctly guessed the first five numbers in the Lucky for Life drawing on Aug. 15. He claimed the ticket on Friday, Aug. 23.  Related: Worcester County Man Will Buy Socks With His $2.64 Million Lottery Win Sciaraffa chose to take the lump sum payment of $390,000 (before taxes) rather than the annuity. He wants to take his daughter on a vacation with the cash.  He bought his winning ticket at 7-Eleven, 11…

SHARE

by Josh Lanier