NC Woman Wins $1M Lottery Prize After Buying $30 Ticket
WGHP-TV (Greensboro, NC)
FAYETTEVILLE, N.C. Rose Pinkney, of Fayetteville, found herself the latest winner of a $1 million Colossal Cash prize, according to an NC Education Lottery news release.
She bought her winning $30 ticket from the Speedway on Yadkin Road in Fayetteville.
Pinkney claimed her prize Friday at lottery headquarters in Raleigh.
Greensboro man shocked to find Cash 5 jackpot win was no April Fool s prank
She had the choice of taking her prize as an annuity of $50,000 a year for 20 years or as a lump sum of $600,000.
Pinkney chose the lump sum and, after state and federal tax withholdings, took home $424,509.
Surging Treasury yields are weighing on growth fare, including Tesla and the
ARK Innovation ETF (NYSEArca: ARKK), but this recent run of weakness could give way to opportunity with the electric vehicle maker and the famed exchange traded fund.
“Companies within ARKK include those that rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to the areas of DNA technologies (‘Genomic Revolution’), industrial innovation in energy, automation, and manufacturing (‘Industrial Innovation’), the increased use of shared technology, infrastructure and services (‘Next Generation Internet’), and technologies that make financial services more efficient (‘Fintech Innovation’),” according to ARK Invest.
A Pinehurst man took home more than $400,000 after winning a prize from a $30 scratch-off ticket.
Robert Grimone won a $1 million prize after purchasing a $10,000,000 Colossal Cash ticket from the Circle K on Beverly Lane in Southern Pines, according to a statement released by the N.C. Education Lottery.
Grimone could have taken the $1 million as an annuity of $50,000 a year over 20 years, but decided instead to take a lump sum of $600,000, the statement said. He took home $424,509 after required federal and state taxes, it said.
The lottery’s website does not say what the odds are of winning $1 million from the Colossal Cash game, but says the chances of winning change as prizes are won. Four of the 20 $1 million prizes and two of the five $10 million prizes remain, it says.