Here are the North Carolina homes you could buy after winning a $2M lottery prize
WRAL anchor/reporter Dan Haggerty looks into what kinds of properties you could buy after winning a $2 million lottery prize in North Carolina.
Posted — UpdatedYour browser doesn't support HTML5 video.
Winning the lottery is something we all dream of doing.
What would you do with the money? Would you go to work the next day? What kind of house would you buy?
HGTV even has an entire show, “My Lottery Dream Home” dedicated to this concept.
On Monday, the North Carolina Lottery issued a news release about a Durham man named Neil Becker. On Friday, Becker walked into a store on Hillsborough Road, bought a scratch-off ticket and walked out a millionaire. Well, sort of.
The scratch-off ticket was for $2 million, but once he chose the lump sum and took out taxes, he was left with $855,006. It’s about 43% of the initial $2 million prize.
We started thinking, how much house could you get for that amount of money? Ultimately, it depends on where you want to live.
The thing is, if Becker had scratched off this ticket 10 or 15 years ago, his money would have gone a lot further.
WRAL News checked past tax records, and a lot these homes have more than doubled in value. In fact, that 11-bedroom one selling for $850,000? It's current tax assessment is less than $300,000.
The Triangle real estate market is healthy indeed.
Becker also said he also wants to buy his best friend a car.
With the average new vehicle being almost $50,000, Becker might want to consider some alternatives.
By the way, WRAL News did try to reach out to Becker.
WRAL News called one guy and asked if he was Neil Becker. He said he was, and when we asked if he recently won the lottery, he said, “I hope so! You know something I don't know?!”
Track real estate in the Triangle
Related Topics
• Credits
Copyright 2024 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.