Virginia mother divulges annual $100,000 lottery earnings to her daughters
=========================================================================
A woman in her 60s from Virginia has once again struck it rich in the lottery. Oletha Etheridge, who previously won $25,000 in her 20s and $1 million in her 60s, has now won the top prize from the Virginia Lottery's $100,000 a Year scratch-off game [2][3][4].
The lucky winning ticket was purchased at Food Lion on 7466 Hargett Blvd. in Gloucester. The woman, whose identity has been revealed, is the seventh winner of the $100,000 a Year game, and only one top prize remains in play after her win.
The top prize from the $100,000 a Year ticket is a whopping $1 million, payable over 10 years as annuity payments of $100,000 per year. Alternatively, the winner can choose to collect a lump cash sum of $816,000 before taxes.
Oletha Etheridge has opted for the annuity payments, which means she will receive $100,000 per year for the next decade. With this windfall, she plans to extend her house with the addition of more rooms and buy an affordable Corvette.
Her daughters, who will receive a share of the winnings, also have big plans. They plan to use their share to buy their own houses.
Each ticket for the $100,000 a Year game costs $20 and offers players a chance to win a prize between $20 and $1 million. The overall odds of winning any prize are 1 in 2.91, while the odds of winning the top prize are 1 in 612,000.
The Virginia Lottery announced the winner on Monday, adding another exciting chapter to Oletha Etheridge's lottery success story. Her previous lottery winnings have already helped her purchase a house, and now she looks forward to a decade of financial security and the opportunity to fulfill her dreams.
In the realm of gambling trends, Oletha Etheridge's third big win, this time from the Virginia Lottery's $100,000 a Year scratch-off game, further illustrates the allure of casino-and-gambling activities such as lotteries and casino games. This win, worth a whopping $1 million over 10 years, is a testament to the thrill and potential for life-changing opportunities offered by such games. Oletha's decision to opt for the annuity payments will bring her $100,000 annually, funds she intends to use for home extension and an affordable Corvette, while her daughters plan to buy their own houses with their shares of the winnings.
