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Durham accountant wins $1 million in Powerball

Posted August 14, 2012

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— An accountant from Durham has claimed a $1 million Powerball prize, state lottery officials said Tuesday.

Gary Crispens purchased the winning ticket in Saturday’s drawing at Kroger on Southwest Durham Drive. He matched all five white balls but not the red Powerball.

Crispens learned of his win Monday when he visited the store.

“When I went in, I had no idea,” he said in a statement. “I handed my tickets to the clerk and jokingly said, ‘I’m here to pick up my big money.’ She told me there had been a $1 million ticket sold there. When she scanned my ticket, she said I had won something big. Then she printed out the numbers and said I had won the big one.”

Crispens immediately called his wife to tell her the news.

“We took off work and came right over to the lottery headquarters,” he said. “This is just unbelievable.”

Crispens received a check for $680,000 after state and federal taxes were withheld. He said he plans to use the prize money to make home repairs, take an Alaskan cruise and save for retirement.

Crispens said he has predicted for years that one day he would win a big lottery prize.

“I’ve always been very lucky, and I just knew it would happen eventually,” he said. “In fact, I have won money three weeks in a row playing Powerball. I was just telling my wife that it was leading up to something big.”

Wednesday’s Powerball jackpot is now an estimated $320 million if taken as an annuity or $203.3 million if taken as a lump sum. It is the fourth-highest jackpot in the game’s history, lottery officials said.

Crispens is the fourth player in North Carolina to win a $1 million prize in the multistate Powerball. Before the game was updated in January, matching all five white balls was worth $200,000.

Since the North Carolina Education Lottery began through June 30, 2011, Durham County education programs received more than $40.1 million in lottery funds. By law, those funds pay for teachers’ salaries in kindergarten through third grades, school construction, pre-kindergarten programs for at-risk 4-year-olds, and need-based college scholarships and financial aid.

To date, the North Carolina Education Lottery has raised more than $2.45 billion for those initiatives statewide.
 

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  • sunshine1040 Aug 16, 2012

    His final taxes will include what ever other income and deductions he has for the intire year. Who stop any of you from earning as much as Mitt and filing a tax return that is legal? I sure have not chose your investments for you.

  • itsmyownopinion Aug 16, 2012

    Something doesn't add up!
    jblake1932

    ROFL Too funny.

  • awood2 Aug 16, 2012

    why can't i ever be that lucky?

  • beachboater Aug 14, 2012

    "Crispens is in the 39 3/4% tax bracket, plus the 8% N.C. state tax bracket, so his total taxes will equal $477,500 " BubbaDukeforPresident

    The maximum tax rate for fed income tax for 2012 is 35%, not 39 3/4%.

    The maximum state rate for 2011 was 7.75%, not 8%.

  • jblake1932 Aug 14, 2012

    oldrebel: I have a few bricks left over from my trailer that you can have. I couldn't brick mine all the way cause I had to leave a space under the front porch so the dogs can get out of the rain.

  • dh1964 Aug 14, 2012

    "How about making a few liberals happy and send in an extra $100,000 or so to the IRS to help with some of the handouts to the freeloaders? After all you are now officially amongst the despised and hated rich. I suppose if you are a lib, you must turn it all over to IRS as your fellow libs demand of others."

    Actually, I think most "libs" are completely content with the tax rate that this winner paid/will pay. It's twice the rate (at least) that Mr. Romney pays on his recent income.

  • oldrebel Aug 14, 2012

    First thing I'm going to do if I win 'The Big One' is brick underpen my single wide trailer. Expense be damnned!

  • Uhavenoclu Aug 14, 2012

    How about making a few liberals happy and send in an extra $100,000 or so to the IRS to help with some of the handouts to the freeloaders? After all you are now officially amongst the despised and hated rich. I suppose if you are a lib, you must turn it all over to IRS as your fellow libs demand of others. After all "fair is fair"!

    You people are so sorry .GET OFF THE POLITICAL JUNK.LIBERAL...MEANS FREEEEEEEEEEEEEEEEEEEEEEEEEE,CONSERVATIVE MEANS LIMITED,......................NOT FREEEEEEEEEEEEEEEEEEEEEEE

  • yankee1 Aug 14, 2012

    How about making a few liberals happy and send in an extra $100,000 or so to the IRS to help with some of the handouts to the freeloaders? After all you are now officially amongst the despised and hated rich. I suppose if you are a lib, you must turn it all over to IRS as your fellow libs demand of others. After all "fair is fair"!

  • Frank Downtown Aug 14, 2012

    How much goes to taxes off the top? 60%?

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