Man Wins $1 Million In Lottery, But Loses $315,000 Because Of How He Claimed His Prize | The USA Print – THE USA PRINT

A man named Thomas Hoshko, 69, decided to try his luck with a $5 lottery scratch-off to see if he could win a good prize.. It turned out that this expense was wise, since he made a profit of $1 million dollars, although in the end he lost a good part of the money because of the way he was charged.

The player bought his winning ticket at a Publix store located at 4703 North Ocean Drive in Fort Lauderdale through a vending machine, according to a statement from the Florida Lottery.

The scratch-off ticket was from the GOLD RUSH DOUBLER game, which costs $5 dollars..

When he went to collect his $1 million prize, Hoshko was given the option of collecting it in full, but through annual payments over 29 years, although they could also give him a single payment of $685,000.

The man decided to collect a single payment of $685,000 in order to have that amount of money, instead of waiting decades to get the full million.

This means that he preferred to lose $315,000 dollars.

The winner did not say what he planned to do with his new fortune.

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