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HarleyGirlFLA
Come on in
Member since 5/05 9674 total posts
Name:
Mel
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Cashier Finds $10, Buys $1 Million Ticket
NORTH CANTON, Ohio (May 20) - Kristina Schneider tried to persuade a customer at the BP station where she works to buy the last ticket on a roll of the Magnificent Millions lottery game.
"I always joke that the last ticket is the winning one, but he said he only had enough money for three tickets," Schneider said.
This time, her advice was no joke.
The single mother - with nine maxed out credit cards and $8,500 in debt for her associate's degree - bought what turned out to be a $1 million winning ticket with a $10 bill she found in the store Friday.
"I thought someone was playing a trick on me" when she found the sawbuck, she said.
After showing a customer that she did indeed have a winning ticket, she locked the store while she took a moment to be sick in the bathroom.
"I was numb. I still am," she said.
Schneider, 32, opted to take 20 yearly payments of $50,000, or $34,500 after taxes.
"If I'd have taken a lump sum, I'd be broke again within five years," she said.
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Posted 5/20/07 9:22 AM  |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
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Re: Cashier Finds $10, Buys $1 Million Ticket
good for her! but she should have taken the lump sum. if she invested it wisely, she could have made 10% a year off that $700K (after taxes) - which is double what her payout is per year.
Message edited 5/20/2007 9:37:58 AM.
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| Posted 5/20/07 9:37 AM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: Cashier Finds $10, Buys $1 Million Ticket
Posted by SweetestOfPeas
good for her! but she should have taken the lump sum. if she invested it wisely, she could have made 10% a year off that $700K (after taxes) - which is double what her payout is per year.
took the words right outta my mouth
IF ANYONE EVER WINS LOTTO - TAKE THE LUMP SUM. Money in your hand today is worth much more than money you are going to receive in the future. its finance 101 people!
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| Posted 5/20/07 10:02 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Cashier Finds $10, Buys $1 Million Ticket
Posted by Meaghan729
Posted by SweetestOfPeas
good for her! but she should have taken the lump sum. if she invested it wisely, she could have made 10% a year off that $700K (after taxes) - which is double what her payout is per year.
took the words right outta my mouth
IF ANYONE EVER WINS LOTTO - TAKE THE LUMP SUM. Money in your hand today is worth much more than money you are going to receive in the future. its finance 101 people!
I bet the lotto people are happy! they get to earn interest on her money. she's not very bright
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| Posted 5/20/07 10:03 AM |
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nrthshgrl
It goes fast. Pay attention.
Member since 7/05 57538 total posts
Name:
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Re: Cashier Finds $10, Buys $1 Million Ticket
Is she eligible to win if she works at the store that sells them? Technically isn't she an "agent"?
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| Posted 5/20/07 10:19 AM |
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SweetestOfPeas
J'taime Paris!
Member since 3/06 32345 total posts
Name:
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Re: Cashier Finds $10, Buys $1 Million Ticket
Posted by nrthshgrl
Is she eligible to win if she works at the store that sells them? Technically isn't she an "agent"?
I don't see why not. it's not a prize that was given by her employer.
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| Posted 5/20/07 10:21 AM |
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lvdolphins
My Loves!
Member since 5/05 46292 total posts
Name:
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Re: Cashier Finds $10, Buys $1 Million Ticket
That is awesome, but, I definitley would have taken the lump sum.
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| Posted 5/20/07 2:00 PM |
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alnem
This is gonna be a good year!
Member since 2/06 9562 total posts
Name:
Emily
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Re: Cashier Finds $10, Buys $1 Million Ticket
good for her! whenever i play lotto or mega i always do lump sum!!!
question...if she dies who gets that yearly money? does it go to her kids or does it just stop?
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| Posted 5/20/07 2:12 PM |
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maybebaby
LIF Adult
Member since 11/05 6870 total posts
Name:
Maureen
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Re: Cashier Finds $10, Buys $1 Million Ticket
Posted by nrthshgrl
Is she eligible to win if she works at the store that sells them? Technically isn't she an "agent"?
I was thinking the same thing! I thought there are rules on the back of those tickets that if you sell lotto, you are NOT eligible to win...I guess there are diff rules..
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| Posted 5/20/07 2:29 PM |
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CouponKT
Our family is complete
Member since 6/06 16494 total posts
Name:
K
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Re: Cashier Finds $10, Buys $1 Million Ticket
Posted by nrthshgrl
Is she eligible to win if she works at the store that sells them? Technically isn't she an "agent"?
I actually called and asked about this once b/c I wanted to play lotto where I worked and didn't want it to be "void" in the case that I won anything. The lotto office said it was fine!
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| Posted 5/20/07 9:58 PM |
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