A few days ago, GamblingNews reported that a ticket holder in Massachusetts had won $4 million from one of the Massachusetts State Lottery’s scratch-off tickets. Now, the lucky winner has come forward to claim the winnings, making an unusual decision in the process.
The Winner Picked the Annuity
The previous announcement revealed that a player in Massachusetts won a life-changing $4 million prize from a $4,000,000 Gold 50X ticket. As the game’s title suggests, $4 million is the largest sum one could hope to win. What made the recent windfall even more special was the fact that this was also the final top prize in the game.
Lottery representatives revealed that the prize dropped from a ticket purchased at the Smoke Shop in Tewksbury, which will receive $40,000 for selling the ticket.
Now, the winner has come forward to claim the prize. The lottery revealed that the winner was not a singular player but the Nary Lim Living Trust of Lowell. Trustee Nary Lim visited the lottery to claim the money and made the surprising decision to pick the annuity.
For reference, big lottery winners are usually presented with a choice to either take the full sum as an annuity option or pick a reduced one-time lump-sum payment. Most lottery players tend to go with the latter option, although every now and then, players pick the former.
In this case, the Nary Lim Living Trust of Lowell agreed to receive the $4 million in the form of several annual payments of $200,000 before taxes. Nary Lim, who represented the trust, claimed the first payment.
The Powerball Jackpot Was Just Won
In other lottery news, a player in Delaware just won the latest Powerball jackpot from the April 6 drawing. After nailing all six winning numbers, the player secured themselves a prize of $231 million or $104.3 million if they pick the lump sum.
In the meantime, a Mega Millions player in New York just won a prize of $2 million from the April 7 drawing.
