Tag:

Annuity

$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 …
Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret Life After Lottery: Winners Discuss How Life Changed After Hitting Jackpots; Keeping It Secret
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 …