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Judge rules NJ couple's lottery annuity payments can't be taxed retroactively
A New Jersey Tax Court judge has sided with a couple who won $46 million in the state lottery in 2000 and elected to have their winnings distributed in annual installments as a multiyear annuity payment, holding that the state did not have the right to retroactively tax their winnings after passing a new statute.
Plaintiffs Melvin Milligan and Kim Lawton-Milligan, who won the Big Game Lottery jackpot drawing in 2000, opted for 26 annual payouts of $1.77 million. They argued that the 2009 sta
Oct 14, 2016, 9:33 am - Lottery News
$18.5M lottery winner 'scraping by'
'I wish I'd won a billion dollars' not just $18.5M
Ten years after he and his wife won $64 million in the Big Game lottery, Alex Snelius wishes he'd won more money.
The 73-year-old Palos Heights man doesn't want to replace his 2001 Lincoln Town Car. Nor does he want a bigger home (he'd actually prefer something much smaller).
I wish I'd won a billion dollars so I could keep everyone happy, said Snelius, a retired truck mechanic originally from Lithuania. Snelius opted for a single $18.
Aug 24, 2010, 10:21 am - Lottery News
Yacht Stolen From Co-Winner of Record Big Game Lottery Jackpot
A yacht was stolen from a lottery winner in St. Clair Shores, Michigan, so that the thief could impress his girlfriend.Larry Ross made headlines in 2000 when he became one of two winners of the largest North American lottery jackpot ever. The record $363 million Big Game lottery jackpot still stands today as the largest single lottery jackpot prize. But part of Ross' fortune was stolen from him when his 55-foot Viking yacht turned up missing on Father's Day from Jefferson Beach Marina. I was a
Jun 30, 2005, 1:03 pm - Lottery News
Judge awards excluded worker $1 million share of Big Game jackpot
A New Jersey Superior Court Judge ruled that a supermarket employee who thought she was included in a ticket-buying pool even though she couldn't immediately pay is entitled to share in a $32.9 million Big Game lottery jackpot.In a non-jury trial, Judge Mitchel Ostrer ruled Wednesday that Mary Marinelli, 49, of Dover Township is entitled to one-34th of the money won by employees of the Pathmark supermarket in Brick Township.David Mazie, the woman's attorney, said her share will be about $1 milli
Feb 13, 2004, 8:03 am - Lottery News
Cabbies win share of Big Game jackpot
A former Atlanta cabbie says the nearly $2 million he was awarded from a disputed Big Game lottery pot is a bittersweet victory.While Patrick Atakora is an instant millionaire on paper, he and five co-defendants who each were awarded $346,357 by Fulton County Superior Court still face the challenge of collecting the money.On Tuesday, a jury found Atakora and five other West African cabdrivers in Atlanta were denied their fair share of the winnings, which were distributed to 23 other drivers. The
Oct 23, 2003, 3:46 am - Lottery News