Louise Outing

Louise Outing

In 2004, then-94-year-old Louise Outing of Massachusetts won $5.6 million in the lottery's Megabucks game. However, according to lottery regulations, the prize could only be paid in 20 annual payments, unlike almost all jackpot numbers games, including Mega Millions (which is played in Massachusetts) or Powerball, which give winners a cash option. Outing, unwilling to sell the annuity for less than the actual cash value of $3.5 million, unsuccessfully sued to receive the prize in lump sum. [cite news |title= So Much Money, So Little Time|url=http://www.foxnews.com/story/0,2933,143208,00.html |format= |work= |publisher=Associated Press |date=2005-01-03 |accessdate=2008-08-11 ]

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