Tag:

Annuity

Newly Minted Millionaire: Western Mass Woman Lands $2M Lottery Jackpot Newly Minted Millionaire: Western Mass Woman Lands $2M Lottery Jackpot
Newly Minted Millionaire: Western Mass Woman Lands $2M Lottery Jackpot It was a lucky week for one Bay Stater who collected a $2 million lottery prize. Michelle Sivard, of Chester, won the seven-figure payout on a “$2,000,000 50X Cashword” ticket, the grand prize for the $10 scratch-off game. Related: Gloucester Man Lands First $1M Grand Prize In New Scratch-Off Game Sivard chose a lump-sum payment of $1.3 million instead of an annuity that would have paid the full $2 million over 20 years. She said she plans to use the money to upgrade her home and buy a new car. Sivard purchased the ticket at Cumberland Farms, 134 King St. in Northampton, which wil…
$1M Lottery Jackpot: Central Mass Has Newly Minted Millionaire $1M Lottery Jackpot: Central Mass Has Newly Minted Millionaire
$1M Lottery Jackpot: Central Mass Has Newly Minted Millionaire This squeaky wheel is well-greased.  The Squeaky Wheel Trust has claimed a $1 million lottery jackpot. A trust allows the winner to remain anonymous.  Related: East Boston Woman Knows How She'll Spend Her $1 Million Jackpot The winner collected the payout by playing the Massachusetts State Lottery's “Lifetime Millions" game, a $50 scratch-off ticket.  They chose to take the lump sum payment of $650,000 (before taxes) rather than the annuity.  Honey Farms at 487 Princeton Road in Fitchburg sold the ticket. The store will get a $10,000 bonus for the sale. 
$25K A Year For Life: Western Mass Man Wins Lottery Jackpot That Keeps Giving $25K A Year For Life: Western Mass Man Wins Lottery Jackpot That Keeps Giving
$25K A Year For Life: Western Mass Man Wins Lottery Jackpot That Keeps Giving A Western Mass Man recently won a lottery jackpot that will pay him off for the rest of his life.  Jacky Huang, of West Springfield, won the $25,000 a year for life prize as part of the multi-state Lucky for Life game. He matched all five numbers in the June 10 drawing.  He said he played his family members' birthdays for the numbers.  Huang chose to take the annuity payments of $25,000 (before taxes) that will run for the rest of his life, the Massachusetts State Lottery said.  He plans to put the money toward his sister's college tuition.  He bought the ticket …