Blasdell Couple Receives Christmas Present of a 'Lifetime'
For forty-seven-year-old Diane Kinsley and her husband David, a fifty-year-old union carpenter for Dommer Construction, this year's holiday season will truly be unforgettable. Their son Thomas bought them some Lottery scratch off tickets as Christmas gifts and one of those tickets changed their lives forever. The Kinsley's hit the jackpot on a Money For Life
ticket which pays out as $100,000 a year for life. They are guaranteed a minimum payout of $2,000,000.
"Utter and complete shock," explained the stay-at-home mom when asked what her first reaction was. "I was the one that scratched the ticket on Christmas morning. When we realized we won all we could do was walk around the house in shock."
The winning ticket was purchased at the Stop N Gas on South Park Avenue in Lackawanna. The Kinsley's claimed their prize at the Lottery's Customer Service Center in Buffalo on December 27, 2010. They chose to split the jackpot evenly with each receiving 20 annual payments of $50,000 ($33,015 net) to realize the ticket's $2,000,000 minimum. From that point on each will receive a $50,000 payment every year, for life.
Kinsley said that she is still in shock and doesn't really know how they will spend their windfall. "I'm sure we'll take a few more vacations now and of course put some of it towards the children's college funds. All I know is this Christmas we bought the big TV we always wanted!"
The Money for Life ticket is the newest in the New York Lottery's life-themed tickets. It was released on September 21, 2010 and offers a jackpot prize of $100,000 a year for life. The odds of winning the jackpot on this $5 ticket are 1 in 5.292 million. The overall odds of winning any prize are 1 in 5.09.
The New York Lottery continues to be North America's largest and most profitable Lottery, earning more than $39.3 billion in education support statewide since its founding over 40 years ago. The Lottery contributed nearly $2.67 billion in fiscal year 2009-2010 to help support education in New York State, which was over 12 percent of total state education funding to local school districts.
Lottery revenue is distributed to local school districts by the same statutory formula used to distribute other state aid to education. It takes into account both a school district's size and its income level; larger, lower-income school districts receive proportionately larger shares of Lottery school funding.