North Carolina Lottery Winner Makes An Unusual Choice
North Carolia lottery winner makes an unusual choice about his million dollar prize. Donald Ledford is the talk of Canton, North Carolina after getting really lucky on his $30 Millionaire Maker Scratch off. But then he had a tough choice to make.
Many people take the lump sum on a prize like that. Opting for the one time $600,000 after taxes and fees payday. Ledford broke with tradition and opted instead for the annuity. That means he will receive his money in smaller increments over the next twenty years. He tells the North Carolina Education Lottery, “It will be like winning $50,000 twenty times”. According to our source, the Charlotte Observer he says “now we can enjoy this for many many years”.
Ledford purchased his winning ticket at “a popular mountain tourist destination in Asheville”. He plopped down the $30 for the ticket at the Fastrac Food Mart and voila, big money. Ledford says he plans to put his winning prize money towards a house. That is good thinking.
The North Carolina lottery winner makes an unusual decision about his million dollar prize. Lottery officials call it “pretty rare”. I think if it were me, I would take the $600,000 lump sum. There is so much you can do with that amount of money all at one time. You could buy property, take care of people or invest your money. But there is something to be said about having the patience to take a smaller amount over a longer period of time.
Donald Ledford is reportedly from beautiful Haywood County. And currently lives in Canton. We hope you enjoy your new winnings! To learn more about this story get all the details from our source, the Charlotte Observer, right here.
North Carolina Is One Of The Luckiest States For The Lottery
