29 Dec Small Town New York Man Wins $790,000 In Lottery Payments
It goes without saying, but winning the lottery takes a lot of luck. Not just the final bit of it that most people think, about though — it’s more than picking the winning numbers or scratch-off ticket. Think about all the million other things that go into a person’s day-to-day life, that if changed in the slightest could affect whether or not they even took a chance at lottery payments to begin with.
Donald McCall is a perfect example of one of these such incidents. McCall, a 74-year-old man from Truxton, NY won $1 million in lottery payments on New York’s new Extra Play scratch-off. He chose to take his winnings in a lump sum versus annuity settlement, according to the Central New York news site Syracuse.com.
Similar to the Mega Millions lottery annuity, which is paid out as one immediate payment followed by 29 annual payments that increase by 5%, he could have taken the million dollars over the course of 20 years. Instead he chose to take the lottery payments in a lump sum of $790,000, which ended up being $522,822 after taxes.
Before he could begin thinking about that choice, though, McCall faced one that would change his life forever. When he selected the Extra Play ticket he didn’t realize they were $5. In the news release from lottery official McCall said he only ever buys $1 tickets, but because the cashier had already cashed him out before he noticed, he decided he didn’t want to create a hassle. It ended up being a nice gesture worth a half million dollars.
McCall has worked as a chef, a nurse, a garage door company foreman, and currently, a town historian. It’s unclear if he plans to remain at his current position, as about 48% of lotto winners do, but either way he said he’s thinking about giving a portion of it to the community he lives in.
Of all the jobs he’s had, his favorite is being a father, grandfather, and great-grandfather, so even if he spends all his winnings within five years, like 70% of winners do, he’ll still have that.