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news blog > article

Affording her college dream just became a reality for Raleigh woman with $4 million prize

December 4, 2020 Posted by NC Lottery at 11:24 AM
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When Jawana Hooks of Raleigh took her first interior design class in middle school, she knew exactly what she wanted to study in college. Now she can follow her dream of a degree in interior design thanks to a $4 million lottery prize.

“I’m going to be starting school and my school fees are very expensive,” said Hooks. “I was stressing about that.”

That stress is now gone thanks to a Millionaire Bucks ticket that was bought at the Han-Dee Hugo on Atlantic Avenue in Raleigh.

Hooks had the choice of taking the $4 million as an annuity of $200,000 a year for 20 years or as a lump sum of $2.4 million. She chose the lump sum and, after federal and state tax withholdings, took home $1,698,006.

Along with a college degree, Hooks says she’ll “get a house and keep the rest in savings.”

The $20 game launched in June with four $4 million top prizes and six $100,000 prizes. One $4 million top prize and three $100,000 prizes remain to be won.

Ticket sales from scratch-off games make it possible for the lottery to raise more than $725 million a year for education. For details on how lottery funds have helped all of North Carolina’s 100 counties, click on the “Impact” section of the lottery’s website.


11 COMMENTS

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12/13/2020 12:37 - Charles H.

Wake County again! I'll never be convinced that they don't know where the tickets are going.

12/06/2020 08:49 - Antonio C.

Yhat sure is A LOT of money to take out for taxes. You dont even get half of your winnings when you take a lump sum. What i cant understand is why is it that the lump sum isn't the origins win amount??? Its like you take a couple millions from the top and leave a winner with just enough. The taxes are more than the prize. And what happens to that money that you subtracted to get 2.4 million, only to shrink the total amount AGAIN ??????????????NC Lottery
Hi Antonio, winners are given the choice between a $4 million payment paid out over 20 years, or a lump sum. The $1,600,000 difference between the lump sum and the annuity would be earned on interest over the course of 20 years and used to pay out the $4 million prize to the winner. Taxes are assessed after the the annuity or lump sum prize is taken.

12/05/2020 03:48 - Steve L. P.

That's smart thinking with your winnings.

12/05/2020 11:55 - Douglas H.

WOW!!!! Congratulations Jawana! So happy for you Merry Christmas

12/05/2020 09:59 - ANGEL W.

Happy for you!!

12/04/2020 11:14 - john T.

You must young . Do yourself a favor , buy that house but don’t put any in savings . If you buy a modest house and hire a financial adviser you will have money for the rest of your life ! Congratulations on your win!!!

12/04/2020 07:14 - Tiffany B.

Congratulations!!!

12/04/2020 05:28 - Brian L.

That will help with college tuition (and more) for sure!

12/04/2020 04:35 - Rose L.

Congratulations!

12/04/2020 03:54 - john j.

I won a couple times on the ruby red sevens $50.&$100. That was a good game!

12/04/2020 03:53 - Gloria C.

Congratulations to you and I wish you many more wonderful wins.

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