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Wednesday, March 7, 2012

FIND FACTS- WEDNESDAY-3/7/12- LADY WINS THE LOTTERY


Louise White, 81, of Newport, R.I., is the winner of the third-largest Powerball jackpot in the history of the game: $336.4 million.

White came forward Tuesday morning and accepted the money on behalf of the Rainbow Sherbert Trust.

White's ticket, which cost $3, was the only ticket that matched all the numbers: 1-10-37-52-57 and Powerball 11. It was sold at the Stop & Shop supermarket at 250 Bellevue Ave. in Newport.

"I want to say that I'm very happy and I'm very proud. This will make my family very happy," White said at a news conference in Cranston. "We are truly blessed. Thank you."

Her lawyers called her a "vivacious octogenarian." The Rainbow Sherbert Trust is named after the dessert she purchased while buying the winning ticket. White said it is her son's favorite dessert.

White chose to accept the lump sum payment of $210 million, rather than the 30 payments paid out over 29 years. She will pay $52.5 million in federal taxes and more than $14 million in state taxes.

Rhode Island lottery officials said White's haul is the sixth largest among all lotteries in the United States. Her chances of hitting the PowerBall were 1 in 175 million.

The ticket price increased from $1 to $2 last month; it is $3 with the PowerPlay option. Rising sales nearly doubled the jackpot from $173.5 million on Feb. 1.

If you won this amount of money, what would you do with it?
Please write in complete sentences and don't forget spell check!

7 comments:

  1. I would buy all the things that I want. I would not share any of it with my sister

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  2. I would pay all of my family members out of dept and will pay off anything they need to and its enough money to give my family 1 million dollars to their home and I would never work a day in my life. My life would be set, my kids life and there gandchildren.

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  3. If I won all this money, I would take my family on vacation. I would also pay off or buy a house for my mother and stepdad. I would buy new cars and I would put up alot of the money for whenever I have children and possibly their children. I would also pay off college.

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  4. cool good for her

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  5. I Agree With kristen

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  6. buy stuff the obvious i am probably not give it to charity maybe a cancer one but that is it .I would rather get the payments then the whole thing.

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  7. Church, charity, houses, clothes, cars and a lot more.

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