Couple Wins Lottery Twice; Arkansas Couple Nets Two Lotto Jackpots On Fishing Trip
An Arkansas couple won the lottery twice while on vacation.
When people play the lottery on vacation, they don't expect to get two winning tickets on one trip. But that's exactly what happened to Stephen and Terri Weaver when they bought two winning tickets on one trip to Greers Ferry Lake, a popular Arkansas fishing spot. The couple won the lottery twice after they purchased their first winning ticket, a $1 Million Riches scratch-off, at T-Ricks convenience store on their way to Greers Ferry.
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The first of the two winning tickets on one trip netted the Weavers a $1 million jackpot. The Weavers then ignored the old adage about lightning striking twice, and stopped in T-Ricks for another ticket on their way home. This scratch-off, a Taxes Paid game, was also a winner at $50,000. The couple won the lottery twice on one trip!
The Weavers cashed in the two winning tickets on one trip to the Arkansas Scholarship Lottery's claim center in Little Rock. According to lottery officials, although the couple won the lottery twice, they don't have any grand plans for the jackpots they received from their two winning tickets. They plan to use the money to pay off some debt, and use the rest to invest in their retirement.
Even though the couple won the lottery twice, they won't be millionaires for long. According to an article on Lawyers.com, the Weavers can expect to pay most of it in taxes.
"For example, let's say you just won a million dollars. If you select the annuity option, you can expect about $25,000 for 40 years. If you want your money in a lump sum, you can only expect about $450,000, or about $375,000 after taxes. This ends up being about one-third of the promised million dollars. In fact, it's close to what you'd get if you won a $500,000 prize as a one-time payment," says the site.
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