Winning Powerball Ticket worth $198 Million was Bought in Hendersonville, Tennessee
If you’re a resident of Hendersonville in Tennessee, the chances are that you could be a little richer this week – $198 million richer to be exact! One lucky resident has bagged a staggering and life-changing sum of money by simply choosing six numbers and a Power ball number in Saturday’s draw. There are mixed reactions on the street, from congratulations messages to “I hope it’s not one of the people with a $3 million home on the lake.”
The numbers pulled on Saturday 13th July were 13, 23, 32, 35, 68 and the Powerball 21 and the winner, whoever he or she may be, will become the seventh winner from the state to win the Powerball jackpot, according to the Tennessee Lottery. The winner is advised to sign the back of the ticket and to store it in a secure location before consulting with a financial advisor on what to do with the winnings. When they’re reading to float down from cloud 9, they’re also advised to call the Lottery’s Nashville headquarters to claim their new found fortune.
If you live in Tennessee, check your tickets because you only have 180 days to claim the prize. Wil you choose the annuity payments or go for the cash lump sum? After the usual taxes and deductions, the one-off payment would be $128 million, which is not to be sneezed at!
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Winning life-changing cash can be a dream come true for most, but it can also be a nightmare for others; especially for a former Powerball jackpot winner from Florida. 90-year old Gloria Mackenzie has sued her son and his financial advisors, claiming the lottery winnings were ploughed into poor investments. After winning the $590 million jackpot in 2013, Gloria took home roughly $278 million, which made her the largest solo lottery winner in American history, but in a lawsuit filed in 2018, she details how she gave half her winnings to her son Scott, after claiming he would take care of her for the rest of his life.
The financial advisor sought by her son Scott, was Harry “Hank” Madden, co-host of a radio show called “Smart Money” and principal and COO of Madden Inc, but he had never managed funds of this magnitude before yet charged $2,000,000 in fees despite earning a return of less than 1%. Gloria suffered damages of more than $10,000,000 as a result of poor choices by her financial advisor, but her lawsuit was dismissed twice by a judge, but they have returned a third time with amendments.
It has since been revealed that Scott has kicked his mother out of his home and she is now seeking help from family; what with being elderly and needing someone to look after her and her interests.