Three Time Ex-Con Wins $31Million Georgia Lottery
tribe
>
> In article <19981206195017...@ng-ft1.aol.com>, wwwo...@aol.com
> (WWWoLadyA) writes:
>
> >Dukes served at least three prison terms, including one for stealing jewelry
> >from his mother's trailer and the coins she stashed in her pickup truck for
> >emergencies.
> >
> >His record also shows he had been crime-free in recent years, and had been
> >leading the life of a working man.
> >
> >In a statement, he said, ``I was quite comfortable with my lifestyle before.
> >I
> >wasn't in a hurry to become rich.''
> >
>
> snipped
>
> Some people have all the luck. I can't even get 3 numbers so I can get my
> money
> back. I see where IRA took over 2/3rds of his winnings but I think I could be
> very happy with the 10.65 million left.
>
> A comment from the Atlanta Journal Consitution.
>
> "At least we know there will never be an exuse for him not paying his
> (Monthly-$10,00) parole supervision fee. " Chuck Topetzes, director of parole
> for Georgia, on felon Kenny Dukes after Dukes picked up his 10.65 million
> Lotto jackpot check.
>
> Grandmother Spider
> Visit the Girl Gang Web Pages at
> http://members.aol.com/gmspider/index.html
Lucky guy....I have a question. Do all states check out the
winner of a lottery for owing back child support or owed
taxes, etc? I never even thought of that angle before. I
hope this guy's record was not the sole factor in Georgia's
decision to investigate him...seems to me that is
discriminatory.
Personally, I'm not worried. I am well prepared for that
day when Publisher's Clearinghouse pulls up in the van
outside my door. (I'll be wearing more than a towel,
too!).---Tribe
WWWoLadyA
ATLANTA (Reuters) - With a criminal record dating back half of his 40 years,
Kenny Dukes showed that legal gambling can pay better than crime. He won a
record $31 million in Georgia's lottery this week.
State officials said nothing in Duke's past, which included convictions for
burglary and theft and arrests on charges of drunken driving and disorderly
conduct, disqualified him from Georgia's game of chance.
So, soon after Dukes cashed in his winning lottery ticket Monday, he got his
jackpot. It came to about $10 million after taxes.
Lottery officials said they did check out Dukes before they made the concrete
company supervisor from Savannah, Georgia, a multimillionaire.
They wanted to determine if he owed any child support, if there were any liens
against him and if he purchased the ticket legally.
Everything ``came up clean,'' Parquita Nassau, a spokeswoman with The Georgia
Lottery Corp., told Reuters Wednesday. ``So we gave him the money.''
He purchased his winning lottery ticket on Sept. 19, but kept his good fortune
secret until this week, after he contacted an attorney.
GMSpider
>Dukes served at least three prison terms, including one for stealing jewelry
>from his mother's trailer and the coins she stashed in her pickup truck for
>emergencies.
>
>His record also shows he had been crime-free in recent years, and had been
>leading the life of a working man.
>
>In a statement, he said, ``I was quite comfortable with my lifestyle before.
>I
>wasn't in a hurry to become rich.''
>
snipped
KAINE SIS2
>very happy with the 10.65 million left.
The lottery commission keeps half if
you choose the cash payout option
rather than the annuity.
Kathy
GMSpider
In article <19981207083242...@ng137.aol.com>, kain...@aol.com
(KAINE SIS2) writes:
A little typing error, I meant the IRS. He did choose the cash option but I
don't
really know how much the Lottery Commission gets. Think I'll check it out.
I did know they keep a percentage but wasn't aware that it was 50%, seems a
little high.
george shewbart
cent cash settlement rather than a 25 year 100 per cent payoff and of
course the winner only gets 72% of the 50% which is for estimated taxes.
The reason for getting only half the money in a cash settlement is that
if you take the long term yearly payoff it only costs the state half
the advertised prize for the annuity- has to do with present values of
money as opposed to future values and the prize winner theoretically
would come out the same either way if he invested the money himself in a
long term annuity.
And, as Alex the Great once said "Let us walk off the map" in pursuit of
our dreams
Cliff and Linda Griffith
> Personally, I'm not worried. I am well prepared for that
> day when Publisher's Clearinghouse pulls up in the van
> outside my door. (I'll be wearing more than a towel,
> too!).---Tribe
Yep, fix up cute, 'cause they'll show the clip again and again for years
to come! A winner near here (in Denton) went on to be elected Mayor, I
think it was...quite a few years ago. I think they *still* show his
Publisher's Clearinghouse win from time to time. IIRC, he didn't order
any magazines.
Linda