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news blog > article

Pfafftown man will put $1 million prize toward comfortable retirement

December 13, 2019 Posted by NC Lottery at 3:00 PM
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Tracy Monk of Pfafftown knew instantly that he and his wife were going to be much more comfortable in their retirement after playing a scratch-off ticket for a $1 million prize.

The moment came on Wednesday at 4 Brothers Food Store on Yadkinville Highway in Pfafftown. Monk was on his way home from work when he thought he’d stop to buy a ticket. He normally plays Powerball and Mega Millions a couple times a week but opted for the $300,000,000 Supreme Riches scratch-off ticket this time.

He immediately sent his wife a picture of the winning ticket with the message: “Our lives are gonna change.”

“It still hasn’t set in,” he said. “I took it in to show it to the guys, but held onto it the whole time.”

The utilities worker said he plans to use the money to pay off some bills and save for a comfortable retirement.

Monk had the choice of taking a $1 million annuity that has 20 payments of $50,000 a year or a lump sum of $600,000. He chose the lump sum. After federal and state tax withholdings, he took home $424,509.

The $30 ticket launched in April with four top prizes of $10 million and six $1 million prizes. Two $10 million prizes and three $1 million prizes remain to be won.

Players can win one of the $1 million prizes instantly, as Monk did, or by entering their $300,000,000 Supreme Riches tickets into second-chance drawings. The drawings also offer one $1 million prize, four $10,000 prizes, and 50 $200 prizes. The entry deadline for the remaining third and fourth drawings have not been set.

Ticket sales from games like $300,000,000 Supreme Riches make it possible for the lottery to raise more than $700 million a year for education. For details on how lottery funds made a difference in all of North Carolina’s 100 counties, click on the “Impact” section of the lottery’s website.


9 COMMENTS

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12/16/2019 10:32 - Deb w.

What the government takes in taxes doesn't bother me as much as "what they do with it"...SAD with what they take in & waste that there's even ONE hungry or homeless child or veteran in this country ! ! ! NO EXCUSE FOR IT

12/16/2019 10:40 - Philip L.

Played this game several times not much won other than my money back, glad to hear that someone wins, enjoy the retirement. I know we all have our things we would do if we hit a winner like this. It would truly be a blessing if I won, I would pay off student loans. It would be a game changer. I have played the second chance games have won nothing either. You can't win if you don't try, but it's pretty rare you win. Good luck all who play... :)

12/16/2019 02:54 - Debra m.

Unbelievable how hard and complected this web site is. It says I put in 5 tickets, I put in 10. They didn't registere. NC Lottery
Hi Debra, If you aren't receiving your entries, please reach out to our help team at nclottery.com/Help so someone can investigate what's causing this to happen.

12/15/2019 05:33 - Sheila I.

I went to the supermarket, running my mouth with the clerk and forgot to play pick 3...and guess what!!!! My #415 played this afternoon. $500 missed ????????.

12/15/2019 12:41 - Sheila I.

Congrats to him. I've played this game a few times...no wins. BUT someone brought one and only scratched off the scanner part. Since it wasn't a winner they left it on the counter. I saw it, double-checked it and entered it in the second chance drawing today ?? lol

12/15/2019 08:38 - john T.

Bought 7 of these tickets last night. The cashier accidentally charged me to little. I didn’t catch it till till after I left. I went back to the store to cash in my 140 I won from the 3 of the 7 tickets and to give her the 30 back. When I told her of her mistake she was so happy I was honest. I said take the 30 out of the 140 and give me the rest. She said he’s your 90 sir. I said lady it’s 110 she said ohh. There’s a cash register there and still can’t do the math. Scary!

12/14/2019 06:54 - Jane Fox J.

Thanks for a chance

12/13/2019 05:09 - m. earl b.

I'm still trying to figure out how you get less then half of the money after taxes are taken out. I have never filed taxes on a million dollars but the governments take that much away. how much will the have taken out when they file next year.will they be taxed on the million or whats left. is it really worth buying the higher priced tickets to win a million.NC Lottery
Hey Earl, Thanks for the opportunity to share some info on this. Winners of $1 million or more have the choice of getting their prize as a $1 million annuity paid over 20 years, or a $600,000 lump sum. This winner chose the lump sum. Taxes are then withheld from that amount. The lottery only withholds minimum state and federal taxes, regardless of which option the winner chooses. Since we don't know every winner's financial situation, we always recommend winners seek financial advice before claiming a big prize.

12/13/2019 04:03 - Gregory F.

Congratulations waiting on my blessing

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