9°
That happened recently in Massachusetts when a gifted lottery ticket will pay out $1 million a year for the rest of the winner's life.
Merjon Tangovan Nominee Trust of Boston collected the ticket for the winner from the $50 scratch-off game “Lifetime Millions."
Greg Racki, a trustee, said his client called the ticket the "best birthday present ever."
The winner's name was not released.
They chose to take the lump-sum payment of $15.4 million rather than the annuity. The winner plans to use that money to buy a new car, travel, and help out their family members.
The ticket was purchased at Northside Market & Liquors at 44 North Rd. in Bedford. The store will get a $50,000 reward for the sale.
There are two remaining $1 million a year for life prizes in the "Lifetime Millions" game still in circulation.
The $15.4 million prize just edged out the previous largest jackpot of $15 million that a trust collected last month from Topsfield.
Click here to follow Daily Voice Methuen and receive free news updates.
