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51°
Friday, oct 18
Tag:
Investment
News
Newly Minted Millionaire: Worcester 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
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…
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…
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 …