Current:Home > StocksTradeEdge-Kentucky man says lottery win helped pull him out of debt 'for the first time in my life' -Wealth Axis Pro
TradeEdge-Kentucky man says lottery win helped pull him out of debt 'for the first time in my life'
Will Sage Astor View
Date:2025-04-08 15:08:15
A Kentucky man added a scratch off ticket to his grocery items at the checkout line,TradeEdge little did he know that addition would make him $150,000 richer, the Kentucky Lottery said in a press release.
Charles Stallard bought a $5 50X The Cash ticket at a store in Louisville on Feb. 9 and said he hardly gave the purchase a second thought.
Using a coin to reveal the prizes on the ticket, Stallard uncovered the lucky 50X, the symbol that will multiply a player’s cash prize winnings by 50.
'I was relieved':Kentucky couple loses, then finds $50,000 Powerball lottery ticket
At first, Stallard thought he might’ve won money that he could use to purchase another ticket.
"I figured it was going to be $5," Stallard told lottery officials.
But as Stallard kept scratching, he said he couldn't believe what he saw.
"When I scratched off $3,000, I actually started crying," Stallard said.
50X The Cash players can win up to $150,000 in cash and Stallard won the full amount.
Stallard said he could hardly wait for the next Monday to come around so he could claim his prize. He told lottery officials that thinking about his win the entire weekend left him, “anxious.”
Stallard uses winnings to pay off debts
Stallard redeemed the cash from his lucky ticket the following Monday. After deducting $42,000 from his prize money for the tax bill, Stallard had $108,000 remaining.
With the money, Stallard told the lottery that he wanted to take care of some business. One of his main priorities was to pay off his mortgage.
"For the first time in my life, I'm not in debt," he said.
In addition to paying off his mortgage, Stallard wanted to get back to one of his hobbies, fishing. His boat was out of commission for a year, he told lottery officials.
"I'm fishing the rest of the year," he said,
What are the odds for 50X The Cash?
The overall odds of winning 50X The Cash are 1 in 3.68, the Kentucky lottery states.
The odds of winning the top prize of $150,000 in Kentucky are determined by the amount of tickets that are sold, according to the lottery.
Where can you buy lottery tickets?
In order to purchase a ticket, you'll have to visit your local convenience store, gas station or grocery store - and in a handful of states, you can purchase tickets online.
You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Puerto Rico, Texas, Washington D.C. and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.
Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. Must be 18+, 21+ in AZ and 19+ in NE. Not affiliated with any State Lottery. Gambling Problem? Call 1-877-8-HOPE-NY or text HOPENY (467369) (NY); 1-800-327-5050 (MA); 1-877-MYLIMIT (OR); 1-800-981-0023 (PR); 1-800-GAMBLER (all others). Visit jackpocket.com/tos for full terms.
veryGood! (11)
Related
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Donald Trump’s lawyers fight DA’s request for a gag order in his hush-money criminal case
- Some urban lit authors see fiction in the Oscar-nominated ‘American Fiction’
- Being a female runner shouldn't be dangerous. Laken Riley's death reminds us it is.
- Skins Game to make return to Thanksgiving week with a modern look
- Spanish tourist camping with her husband is gang raped in India; 3 arrested as police search for more suspects
- Denver Broncos to cut QB Russell Wilson, incurring record cap hit after two tumultuous seasons
- Sen. John Thune, McConnell's No. 2, teases bid for Senate GOP leader
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- TikTokers Campbell Pookie and Jeff Puckett Reveal the Fire Origin of Her Nickname
Ranking
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- JetBlue scraps $3.8 billion deal to buy Spirit Airlines
- On front lines of the opioid epidemic, these Narcan street warriors prevent overdose deaths
- Which Super Tuesday states have uncommitted on the ballot? The protest voting option against Biden is spreading.
- South Korean president's party divided over defiant martial law speech
- New Broadway musical Suffs shines a spotlight on the women's suffrage movement
- Death Valley's 'Lake Manly' is shrinking, will no longer take any boats, Park Service says
- New Broadway musical Suffs shines a spotlight on the women's suffrage movement
Recommendation
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Jason Kelce officially hangs 'em up: Eagles All-Pro center retires after 13 seasons in NFL
Kacey Musgraves calls out her 'SNL' wardrobe blunder: 'I forget to remove the clip'
Dormitory fire forces 60 students into temporary housing at Central Connecticut State University
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
Court rules Florida’s “stop woke” law restricting business diversity training is unconstitutional
JetBlue scraps $3.8 billion deal to buy Spirit Airlines
Denver Broncos to cut QB Russell Wilson, incurring record cap hit after two tumultuous seasons