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7:55 a.m. • 2-11-12

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Stem Woman Wins $1M in Lottery


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A Stem woman has claimed a $1 million prize in the North Carolina Education Lottery's "$100 Million Cash Spectacular" contest, officials said Wednesday.

Sherese Daley bought a ticket in the game and won $15, and she used part of her winnings to buy another ticket, officials said. That second $10 ticket turned out to be a $1 million winner.

Daley, a restaurant manager, is the fifth $1 million winner in the game. Others live in Farmville, Pfafftown, Charlotte and Burlington. Five more $1 million top prizes are still available in the game.

Daley already received her first annuity payment of $50,000, minus taxes, and she will receive a payment every February for the next 19 years, officials said.

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She gets $34,375 a year for 20ys which means she won $687,500 afetr all taxes are taken out...$312,500 in taxes...25% FED..7% State...That's more then she had....

so the state adjusts for inflation, which odds are will all be gobbled up by higher taxes. The basic fact is that this woman did not win anything close to a million dollars, but the lottery folks want to push their demon games by maximizing greed and devaluing truth

No maybe Stem can afford to put some gas in their police car.

Congrats, spend wisely.

"50k a year will not be the same 19 years from now. Why let the state earn the interest. "

On the back of your lottery tickets, if you so cared to read them, it specifically states that it adjusts for inflation.

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