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New York Man Wins $5 Million Lottery Prize, Chooses Annual Payments Option

A New York man won the lottery with a scratch-off and had the chance to become a millionaire overnight but opted for a less glamorous option: the annual payment.

Raymond Yancey, of Yonkers, won $5 million after winning the New York Lottery’s Cash Royale prize with a ticket he bought at Shoprite, located at 29 Mamaroneck Ave. in White Plains, the news agency reported. lottery in a statement.

When claiming your prize, you opted for the option of receiving 20 annual payments, of $158,186 each, after necessary withholdings.

The New York Lottery reported that there were two other winning tickets for the $5 million Cash Royal prize that have not yet claimed their money.

If you need to check the status of any scratch-off prize, you can check the Game Report at nylottery.ny.gov.

2024-02-07 17:48:41
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