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Multi-million winning ‘Bonus Bucks' ticket claimed by Massachusetts trust
Multi-million winning ‘Bonus Bucks' ticket claimed by Massachusetts trust

Yahoo

time04-04-2025

  • Business
  • Yahoo

Multi-million winning ‘Bonus Bucks' ticket claimed by Massachusetts trust

DORCHESTER, Mass. (WWLP) – A winning lottery ticket sold in Woburn has been claimed by a trust in the Massachusetts State Lottery's '$4,000,000 Bonus Bucks' instant ticket game. Springfield lottery winner plans to use winnings for home repairs The Massachusetts State Lottery states that the Pyrrhic Funding Trust of Chelmsford, represented by trustee Susan Atlas, has claimed a $4 million prize in the Bonus Bucks game. The trust chose to receive the prize in the form of a one-time payment of $2,600,000 before taxes. The ticket was purchased at Gulf on Montvale Ave in Woburn, which will receive a $40,000 bonus for its sale of this ticket. In Massachusetts, when a large lottery prize is won, it is required to be identified to the public when you claim the winnings. However, an increasingly popular choice to get around this is to claim the winnings through a trust. A trust is allowed to accept the winnings because the trust is the legal titleholder of the property, the lottery ticket in this case. Lottery winners can hire a trust to claim the prize for them and keep their identity a secret. However, this does come at a cost. Costs will vary depending on which lawyer you go through. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

$4M lottery prize won on scratch ticket purchased in Woburn
$4M lottery prize won on scratch ticket purchased in Woburn

Yahoo

time04-04-2025

  • Business
  • Yahoo

$4M lottery prize won on scratch ticket purchased in Woburn

A $4 million lottery prize was recently won on a scratch ticket purchased at a gas station in Woburn. Pyrrhic Funding Trust of Chelmsford claimed the '$4,000,000 Bonus Bucks' instant ticket game prize on behalf of the winner, according to the Massachusetts State Lottery. The trust, represented by Susan Atlas, opted to receive its prize in the form of a one-time payment of $2,600,000. The winning ticket was purchased at the Gulf at 328 Montvale Avenue. The store receives a $40,000 bonus for its sale of this ticket. This is a developing story. Check back for updates as more information becomes available. Download the FREE Boston 25 News app for breaking news alerts. Follow Boston 25 News on Facebook and Twitter. | Watch Boston 25 News NOW

Mass. residents celebrate big lottery wins in March
Mass. residents celebrate big lottery wins in March

Yahoo

time06-03-2025

  • Business
  • Yahoo

Mass. residents celebrate big lottery wins in March

DORCHESTER, Mass. (WWLP) – Several Massachusetts residents are starting the month with life-changing prizes after recent wins in a variety of Massachusetts State Lottery instant ticket games. 'You can win more in Mass!' New Hampshire resident said after winning $4M on scratch ticket purchased in Somerville Jessica Wood of Auburn became the first-ever winner of the new '$100 a Week for Life' instant ticket game, which launched on February 18. Wood selected the annuity option for her prize, receiving an initial payment of $5,200 before taxes to cover her first year's winnings. Beginning in the second year, she will receive weekly $100 payments for the rest of her life. Wood shared that she plans to use her winnings to support her family and grow her savings. The winning $1 ticket was purchased at Greige Summit, located at 321 Southbridge St. in Auburn. For selling the winning ticket, the store will receive a $1,040 bonus from the Massachusetts State Lottery. In addition to the lifetime winnings, two players claimed $1 million prizes from separate instant ticket games. Robert Hadayia of Norfolk celebrated a big win after claiming a $1 million prize from the Massachusetts State Lottery's '$4,000,000 Bonus Bucks' instant ticket game. Hadayia, accompanied by his wife Marissa, collected the winnings at the Lottery's Dorchester headquarters. He chose the cash option, receiving a one-time payment of $650,000 before taxes. Hadayia said he plans to use his prize money to make home improvements and purchase two new cars. The lucky ticket was bought at Snacks Express, located at 60 South St. in Boston. The store will receive a $10,000 bonus for selling the winning ticket. Amjad Rubieh of Winthrop also won $1 million, this time from the '$10,000,000 Cash King' instant ticket game. Rubieh took the cash option and received a $650,000 lump sum before taxes. He said he plans to invest his winnings. Rubieh purchased his winning ticket at Saratoga Market, located at 16 Trident St. in East Boston. The store also receives a $10,000 bonus. The Massachusetts State Lottery continues to award prizes of all sizes through its array of instant ticket games, creating winners across the state while supporting local businesses through retailer bonuses. WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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