Wednesday, December 24, 2008

HTN: Newest Lottery Millionaire

The latest New York Lottery winner has big plans for the money. Hieu Tran is a Vietnam native and plans to go back to visit his mother with a portion of the money. The rest will go to his children's education. The 38-year-old South Buffalo resident was presented with the first installment of his winnings Tuesday afternoon by New York Lottery officials at the Noco Express Shop on South Park Avenue where he bough the "In the Money" scratch-off ticket. Tran came to the U.S. in 1987 as a teenager. His million-dollar jackpot will be paid out over 20 years, in 50-thousand-dollar installments, which is whittled down to just 34-thousand-75 dollars per payment after taxes.

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