North Carolina woman celebrates $3 million scratch-off win
CBS - 13 WBTW (Florence, SC)
BUNCOMBE COUNTY, N.C. (WGHP) -- Elizabeth Rathburn, of Candler, North Carolina, bought a $30 scratch-off and won a $3 million prize, according to an NC Education Lottery news release.
Rathburn bought her winning Fabulous Fortune ticket from Boone's Convenience Corner on Smoky Park Highway in Candler.
When Rathburn arrived at lottery headquarters Friday to collect her prize, she had a decision to make. She could choose to receive the prize as an annuity of $150,000 over 20 years or a lump sum of $1.8 million.
She chose the lump-sum amount of $1.8 million. After required state and federal tax withholdings, she took home $1,278,189.
Their paradise lost, residents of Sanibel hope its spirit survives
DPL Financial Partners secures additional growth capital as annuity sales on platform top $1 billion
Advisor News
- A rising retirement challenge: The license to spend
- Financial stress leaves less room for retirement saving
- Giving while you’re living: 3 frequently asked questions about gifting
- Helping clients prepare for one of their biggest retirement expenses
- Important year-end financial conversations every advisor must have
More Advisor NewsHealth/Employee Benefits News
Life Insurance News
Property and Casualty News
- Child on auto policy? What to know
- What to know about flood insurance
- AM Best Affirms Credit Ratings of Enact Re Ltd.
- Governor signs landmark consumer protection package backed by Commissioner Lara
- The 48-hour service rule driving commercial account retention
More Property and Casualty News