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15°
Sunday, dec 22
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Investment
News
$1M Lottery Payday: Winthrop Man A Newly Minted Millionaire
A Winthrop man collected a $1 million prize playing in the Massachusetts State Lottery. Facundo Cuello collected his seven-figure prize playing the “$10,000,000 Bonanza," a $20 scratch-off ticket. Related: Taunton Man Lands $1 Million Jackpot In Mass. Lottery He chose the lump sum payment of $650,000 (before taxes) rather than the annuity. Cuello said he would be sensible with the money and invest his winnings. He bought the winning ticket at Energy North, 2 Shirley St., Winthrop. The store will receive a $10,000 bonus.
News
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.
News
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…
News
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…
News
$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…
News
$1M Lottery Jackpot: Salem Woman Has Altruistic Goals For Winnings
A Salem woman who won $1 million in the Massachusetts State Lottery said she has big plans for her major windfall. Francisca Uceta De Placencio collected the seven-figure check playing the $10 scratch-off game “$4,000,000 Monopoly Doubler." Three $4 million grand prizes remain in that game and five $1 million tickets are in circulation. Uceta De Placencio chose to take the lump-sum payment of $650,000 rather than the annuity. She said she'll invest some of the money and use the rest to help her family. Uceta De Placencio bought the ticket at Armas Convenience S…
News
Newly Minted Millionaire: Billerica Man Claims Massive Win On $10 Ticket
A Billerica man who recently won $1 million in the Massachusetts State Lottery said he plans to invest that money. Mark Aucoin won the seven-figure windfall by playing the $10 scratch-off ticket “$2,000,000 50X Cashword." Related: $15.4 Million Lottery Ticket Given As A Birthday Gift Aucoin chose to take the lump-sum payment of $650,000 (before taxes) rather than the annuity. He bought the winning ticket at the Gulf gas station at 349 Great Rd. in Bedford. The store will get a $10,000 bonus for the sale.
News
$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…
News
$2M Lottery Jackpot: Mass Man Knows How He'll Spend His Winnings
A Hyannis man said he has big plans for the $2 million jackpot he won playing in the Massachusetts State Lottery. Garen Downie won the seven-figure prize playing the "Lifetime Millions," a $50 scratch-off game. This is the fourth $1 million or more winner in that game since February. Downie chose to take the lump sum payment of $1.3 million (before taxes) rather than the annuity. He said he would invest that money. He bought the ticket at Old South Diner at 57 Old South Rd. in Nantucket. The store will get a $20,000 bonus for the sale.
News
$1M Lottery Jackpot: Gloucester Man Knows How He'll Spend His Major Payday
A Gloucester man said he has big plans for the $1 million jackpot he won playing the Massachusetts State Lottery. Edward Fortado won the seven-figure payday by playing the $50 scratch-off game "Lifetime Millions." Fortado chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity. He said he would invest his winnings. Fortado bought the ticket at 7-Eleven at 48 Maplewood Ave. in Gloucester. The store will get a $10,000 bonus for the sale.
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 …
Lifestyle
These Are Four Types Of Rich People, Plus Their Top Habits, New Report Reveals
They say if you want to be rich, you’ve got to think like a rich person. Tom Corley, an accountant and financial planner, recently interviewed 225 millionaires as part of a five-year “Rich Habits” study and outlined his findings in a new report for CNBC. Corley said of all the people he interviewed, each one fell into one of four categories in how they approach money-making. Categories of Millionaires The first category is the Saver-Investors, people who make it a habit to save and invest their money. Corley said these people are constantly thinking about smart ways to grow their wealth.…