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Old 11-04-2009, 09:43 AM   #34
Phaneuf3
First Line Centre
 
Join Date: Oct 2005
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Quote:
Originally Posted by Methanolic View Post
They were talking about this guy on 77 the other day,

Apparently the suit is because the WCLC, while holding the money, didn't place the 17 Mil. into an interest bearing account. Because the WCLC has had the funds since sept. 08, it's estimated at a loss of around 60 -70K.
No way the loss is that high.
According to the article, the draw was in January (I'm assuming 09 cause it doesn't say) so regarding the September date, someone's wrong here. Also, I don't know about the Super 7, but don't most lotteries either offer a much smaller lump sum payment or a payment plan for the full amount over several years? So the full 17 million wouldn't be earning him interest anyway. Anyone here that has won the Super 7 jackpot care to clarify how their payouts work?


Either way, its a crying shame what they're doing to this poor, unfortunate soul. I suggest we take up a collection to help this guy out.
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