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news blog > article

$200,000 ‘Mega’ win means no more mortgage

March 17, 2020 Posted by NC Lottery at 8:00 AM
image-photo
For Robert Hinnant of Rocky Mount, a $200,000 ‘mega’ win means no more mortgage payments.

“It’s exciting,” said Hinnant. “It’s unbelievable.”

Hinnant, a retiree, said his good luck means he can pay off his mortgage and take a vacation.

The big win came with a $5 Mega Bucks ticket Hinnant purchased at the 301 Convenient Mart on North Wesleyan Boulevard in Rocky Mount.

Hinnant claimed his prize Friday at lottery headquarters in Raleigh. After required state and federal tax withholdings, he took home $141,501.

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

12 COMMENTS

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3/19/2020 08:17 - Marcus M.

Congratulations!!

3/19/2020 07:36 - Sheila I.

That is one unlucky game for me. I've purchased several and they were all duds. I gave up....it looks boring ?? but hey, I gave it a try ??

3/19/2020 06:03 - Keshawn M.

Congratulations

3/18/2020 03:48 - Crystal W.

Congratulations!!!

3/18/2020 02:51 - danny w.

Bless you enjoy your vacation

3/18/2020 07:33 - Dorothy B.

Blessings! Very Glad for your Good Fortune!

3/17/2020 09:59 - Gloria C.

Congradulations to you and I wish you many more wins.

3/17/2020 09:45 - john T.

I noticed this person won 200,000 and lost about 30% in taxes. But when a winner won 1 million they lost over 50% in taxes. Does more you win put you in a higher tax bracket?NC Lottery
Thanks for asking, John. All lottery wins above $5,000 are taxed the same: 24% for federal and 5.25% for state. The reason $1 million scratch-off winners typically end up taking home less than 50% of the $1 million is because they chose the lump sum option. Those winners have the choice of receiving $50,000 payments over 20 years totaling $1 million, or a lump sum of $600,000. Taxes are then withheld from whichever option they choose. When they choose the lump sum, after taxes they end up taking home around $424,000. Hope this helps clarify!

3/17/2020 06:02 - Sandra B.

It's so nice to see ppl in my city win!

3/17/2020 04:33 - vanessa b.

how many more big winning on that ticketNC Lottery
Hey Vanessa, There are still 3 $200,000 top prizes left to be claimed on this game.

3/17/2020 11:39 - Gregory F.

What a blessing that's great. Enjoy your retirement without a mortgage. I'm retired to with a mortgage. I know that's a blessing. Waiting on my blessing I need one real bad.

3/17/2020 11:04 - Brenda S.

Nice going. Best of luck.

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