The Probate Attorney blog previously discussed the $319 million lottery win in New York. Today just relaying that they could have had $319 million if they had taken an annuity type payment over a period of decades however the winners decided to take a one time lump sum payment which was just over $202 million based on the time value of money. Video of Lottery winners
Since there were 7 winners they will each receive a little over $28.97 million then interesting to note they will end up with about $19.13 million after around another third is taken out for taxes.
Nice story of Karma as well that while someone cut in front of the winner when they grabbed a Snickers and were about to get the ticket and they did not say anything but just decided to buy whatever the next ticket was and would likely not have won had that not happened.
Also good to see that at least outwardly the guy who typically participates with them in buying lottery tickets but was not feeling lucky that day so he did not pay the $2 to join the group had a positive attitude and just said it was not his day, he was happy for them and he was going to move on.
Comments