Lottery winner, 94, sues to get it all now

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Cass
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Joined: Thu Nov 25, 2004 1:00 pm

Lottery winner, 94, sues to get it all now

Post by Cass »

Louise Outing is 94 years old, and she knows it would be foolish to expect to live another 20. So the lottery winner wants all of her cash now, not in payments spread out over the next two decades.



''In March, I will be 95 years old. Do you realize that? Ninety-five in March," the Everett woman said in a telephone interview yesterday. ''Now, you know I'm not going to live 20 years."



Outing won the Sept. 4 Megabucks drawing, and she wants the Massachusetts State Lottery Commission to cut her a check immediately for the full $5.6 million, minus taxes. But the commission has so far rejected that request, saying Megabucks winners get 20-year annuities, not lump-sum payments.



Frustrated, Outing and her Boston attorney, James Dilday, yesterday asked Norfolk Superior Court Judge Barbara Dortch-Okara to step in. Dilday said state rules give the lottery's executive director, Joseph C. Sullivan, the freedom to choose between big cash now or a series of smaller checks. Dilday also said the state has paid $3.5 million to a bank for the 20-year annuity -- which they could and should have paid directly to Outing.



But Sullivan said he isn't sure Dilday's got it right about the rules or about lottery financing. ''We are just going to have to sit tight and see what the court rules," Sullivan said.



Sullivan said that historically, Megabucks winners get paid in installments over 20 years. ''She is guaranteed a 20-year annuity with a net payment of $198,639 to her and her beneficiaries, which in this case, if needed, would be the estate," he said. ''It really is a pleasant situation in terms of having a big winner, and we're pleased for Mrs. Outing. Our hope is that it remains a pleasant situation for her and her family."



Sullivan said that only the multistate Mega Millions game offers a lump-sum option.





http://www.boston.com/news/local/ma...get_it_all_now/
lady cop
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Joined: Wed Nov 24, 2004 1:00 pm

Lottery winner, 94, sues to get it all now

Post by lady cop »

i won the Mass. lottery twice, in 1974 and 1977, $50,000. each time, which was the biggest prize back then. and the IRS took 10% off the top. until i got a very good accountant. those funds in those years meant a very nice new house paid in full. so i figured i had nothing to lose playing the florida lotto since 1988 when i moved here....i have won zippo, nada, nothing! :rolleyes: well, yeah, $600. once. oh well. :-6
Cass
Posts: 1198
Joined: Thu Nov 25, 2004 1:00 pm

Lottery winner, 94, sues to get it all now

Post by Cass »

I never play lotteries... Ever!



People send tickets to me in greeting cards... half the time I don't check them or lose them :-3
Paula
Posts: 1852
Joined: Fri Sep 10, 2004 12:00 pm

Lottery winner, 94, sues to get it all now

Post by Paula »

lady cop wrote: i won the Mass. lottery twice, in 1974 and 1977, $50,000. each time, which was the biggest prize back then. and the IRS took 10% off the top. until i got a very good accountant. those funds in those years meant a very nice new house paid in full. so i figured i had nothing to lose playing the florida lotto since 1988 when i moved here....i have won zippo, nada, nothing! :rolleyes: well, yeah, $600. once. oh well. :-6


Mass, next door to me, i'll have to start playing there. I am a faithful contributor of at least 80.00 week, the most i won was 47.00?

94? Now that is just to damn funny, why is it always elderly that win? L-Cop, give me a number? I play right now: the same number for cash 5, Lotto, & Powerball: 1-19-23-25-31 extra ball or Number=13. Re-create for me the winning number. yes i will pay for the (right) number.... $4.00. hahaha
Everyone has these on their face? TULIPS.
LoveMama
Posts: 153
Joined: Fri Nov 26, 2004 8:47 am

Lottery winner, 94, sues to get it all now

Post by LoveMama »

Paula wrote: Mass, next door to me, i'll have to start playing there. I am a faithful contributor of at least 80.00 week, the most i won was 47.00?

94? Now that is just to damn funny, why is it always elderly that win? =


Because they deserve it the most. :D

HAHAHAHAHAHAHAHAHAHA

xxxxxxxoo

mama
LoveMama
Posts: 153
Joined: Fri Nov 26, 2004 8:47 am

Lottery winner, 94, sues to get it all now

Post by LoveMama »

>>^..^ I never play lotteries... Ever!



People send tickets to me in greeting cards... half the time I don't check them or lose them :-3


I don't either Cass.

xxxxxxxoooooooo

mama
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cars
Posts: 11012
Joined: Sun Oct 03, 2004 12:00 pm

Lottery winner, 94, sues to get it all now

Post by cars »

lady cop wrote: i won the Mass. lottery twice, in 1974 and 1977, $50,000. each time, which was the biggest prize back then. and the IRS took 10% off the top. until i got a very good accountant. those funds in those years meant a very nice new house paid in full. so i figured i had nothing to lose playing the florida lotto since 1988 when i moved here....i have won zippo, nada, nothing! :rolleyes: well, yeah, $600. once. oh well. :-6


Ah yes, almost winning the lottery I remember it well! In April 1997 I had "5" out of the 6 winning numbers! If I had a stinking #10 instead of #25, I would have won $3.5 million dollars and been retired by now! :mad: I had such mixed emotions at that time. If I was going to loose I preferred to loose by 6 numbers, not 1 number!!! I did however get $2,411 dollars out of the deal, but far cry from $3.5 million. Ever since then I can't even get a $2 dollar winner. I seem to have used up all my luck that one time, in only getting close! :-1

(As far as the 94 lady, she knew "how old" she was when she bought the ticket. "Rules" are rules, 20 yr pay-out is 20 yr pay-out!

Cars
Cars :)
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