Chris Franks of Youngsville will receive $50,000 each year for 20 years after he tried his luck in a second-chance drawing and won a $1 million top prize.
Franks found out he won the top prize in the July 3 $10 Million Spectacular Second Chance drawing when he got an email from the lottery. There were more than 1.9 million entries in the drawing.
When Franks arrived at lottery headquarters to collect his winnings, he had a decision to make. He could choose to receive his prize as an annuity of $50,000 over 20 years or a lump sum of $600,000. He chose the annuity option of $50,000 and, after federal and state tax withholdings, took home $35,753 in his first payment.
Players get a second chance with their $10 Million Spectacular tickets by scanning the tickets into their lottery accounts where they are automatically entered into the drawing. Franks won the prize in the second of four $10 Million Spectacular Second Chance drawings. The date for the next drawing is March 5.
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