18-Year-Old Student Wins $1 Million on Lottery Ticket
An 18-year-old teenage student from North Carolina has become a millionaire after striking gold with a $1 million win on a $10 lottery scratch card. As per the NC Education Lottery website, winners have the option to either receive an initial payment of $600,000 or receive their winnings in yearly installments.
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An 18-year-old teenage student from North Carolina has become a millionaire after striking gold with a $1 million win on a $10 lottery scratch card.
Jalen McLean, the young student, informed the North Carolina Education Lottery officials that he had entrusted his sister Dasha Silas with some cash and asked her to purchase a scratch-off lottery ticket for him on May 21.
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Upon receiving the $10 ticket from his sister, he played and ultimately won. McLean, the youngest of five siblings, then presented his winning ticket to the North Carolina Education Lottery officials and collected a portion of his winnings on May 22.
The teenager expressed his disbelief, stating, “How many 18-year-olds win something like this?” He also shared his plans to use a part of his winnings to purchase a car.
As per the NC Education Lottery website, winners have the option to either receive an initial payment of $600,000 or receive their winnings in yearly installments.
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The NC Education Lottery revealed that Mr. McLean chose to receive his prize as an annuity of $50,000 for 20 years. This means he will receive a check annually until he turns 38. His first check, which he collected last week, amounted to $35,753 after the necessary state and federal tax deductions.
