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Conn. money managers claim $254M Powerball jackpot [View All]

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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-28-11 06:30 PM
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Conn. money managers claim $254M Powerball jackpot
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Source: AP

ROCKY HILL, Conn. (AP) A trio of wealth managers from Greenwich, one of the most affluent towns in America, claimed a Powerball jackpot worth more than a quarter of a billion dollars Monday off a $1 ticket.

Greg Skidmore, Brandon Lacoff and Tim Davidson came forward as the winners of the $254.2 million jackpot and the trustees of The Putnam Avenue Family Trust, which they formed to help manage the money after Davidson bought the winning ticket at a Stamford gas station.

A lawyer who spoke for the group at a news conference said they contacted him immediately after the Nov. 2 drawing and came forward after making plans for the money. He said the trust will take the after-tax lump sum of $103,586,824.51 cash and a significant amount will go to charity.

"Obviously, everybody is extremely excited," said Jason Kurland, the group's attorney. "These numbers are huge. This is going to benefit many people."


Read more: http://news.yahoo.com/conn-money-managers-claim-254m-po...



For fuck's sake.

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