I won $2million playing the lottery, but I only took home $1.6million – my ‘one-time’ reason for why I got less
ONE Woman got lucky after winning a $2 million lottery ticket.
Geraldine Gimblet of Lakeland, Florida, about 35 miles east of Tampa, won the top prize in a bonus cashword scratch game last month, per state lottery Officer.
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Gimblet collected her grand prize in April at Tallahassee Lottery Headquarters.
WHY YOUR PROFITS ARE SHRINKING
She opted to receive her winnings as a one-off lump sum payment — which turned out to be significantly less than the advertised $2 million.
This is because a large part of Steer had to be deducted from the winnings according to the lottery regulations.
The Florida resident walked away with a still-significant cash check for $1,645,000. That’s about 82 percent of total winnings.
She’s not the only one who just took one home fraction a large gain due to the tax burden of claiming a one-off lump sum.
YOUR HISTORY
When asked about the details leading up to the big win, Gimblet shared that it was fortunate that she got the scratch card in the first place.
She told lottery officials that “at first the gas station clerk thought there were no tickets left, but I asked him to double-check because I like the crossword games best.” He found the last one!”
Gimblet’s daughter was also there when her mother claimed the big win and got emotional as she talked about what that was prize money meant for her.
“The day before my mother bought this ticketI rang the bell and left the hospital after completing my last treatment for breast cancer.”
She continued, revealing: “My mum had taken out her life savings to look after me when I was ill. I’m just so happy for her!” Gimblet’s granddaughter was also there to accept the award.
The winning ticket was purchased from Pipkin Road Beverage Castle and the retailer receives a $2,000 commission on the sale of the winning ticket.
HOW TO PLAY
If you’re interested in trying your luck at scratch card games, here’s what you need to know.
The $2 million bonus cash word launched in May 2022 and features eight grand prizes totaling $2 million and 20 second tier prizes totaling $100,000.
There are three games on each map and each map costs $10.
In order to win:
- Scratch the Your Letters box to reveal 20 letters.
- Scratch the letters in games one, two and three and match one of your letters. Scratch each of the “Purse” symbols in each game. This symbol is a space and acts as a letter in the word.
- If you get three or more words completely correct in game one, two or three, you win the corresponding prize.
- Players can win in all three games.
- If any of your full words contain the Money Bag symbol, double the corresponding prize win.
The game’s overall odds of winning any prize amount is approximately one in three per lottery official.
Scratch games are an important part of the lottery’s game portfolio, accounting for approximately 77 percent of ticket sales in the 2021-2022 financial year.
According to lottery officials, scratch games have generated more than $17.6 billion for the Educational Enhancement Trust Fund since their inception.
The Florida Lottery is responsible for contributing more than $43 billion to improving education and sending more than 950,000 students to college through the Bright Futures Scholarship Program.
The Florida Lottery reinvests 99 percent of its earnings back into the Florida economy through prize payments, commissions to more than 13,000 lottery dealers, and transfers to education.
Here’s some Lottery Lawyer says you need to know if you’re winning a big jackpot and why you might need to refrain from driving your own car to claim your winnings.
Besides, why one Lottery winner sued after winning a jackpot.