Advertisement
Advertisement

$322 million lottery winner will buy a car and have some fun

Bookmark this
March 27, 2013

A DAY after winning a $US338 million Powerball jackpot, Pedro Quezada said he does not know what he's going to do with the money.

"I have to think about it. My mind is not clear yet,'' Quezada said through a translator at New Jersey Lottery headquarters. But he said he will help his family and have some fun.

"I'm just going to have a little spin around."

The 44-year-old, who has put in long hours at the family's bodega in Passaic, N.J., said he has also not decided whether to stay in New Jersey or move to his native the Dominican Republic, which he left at age 19.

But Quezada said he has already decided to buy a new car.

What kind does he drive now?

"My feet,'' he said.

Flanked by his wife, children and other family members, Quezada declined to answer reporters' questions about the difficulties he has faced as an immigrant and small business owner.

"I don't want to speak about it because my life has changed,'' he said when asked about a 2009 fire in his bodega.

He declined to say how much he made each year at his store.

"These millions of dollars have erased whatever I made before,'' he said.

The jackpot was the fourth largest prize in Powerball history.

Quezada said he played the lottery two or three times a week at Eagle Liquor, on Passaic Street, because it was located between his home and his store.

When he walked into Eagle Liquor with his Powerball ticket Monday, he did not know he had won the jackpot, he said at Tuesday's press conference.

"I had no idea I was a winner,'' he said. "When I saw the commotion outside, I thought maybe this was the store that sold the winning ticket.''

Quezada answered reporters' questions in Spanish. His responses were translated by Jennifer Rodriguez, a security guard for the lottery.

He said he already has a financial plan worked out, but he does not know whether he will take the prize as a lump-sum or an annuity paid out over time. The lottery doesn't provide financial planning or other services.

If the he chooses the lump sum, it will be worth $US211 million - about $US152 million after state and federal taxes, lottery executive director Carole Hedinger said at a press conference Monday.

Read the full story at www.NorthJersey.com


Advertisement

Recent Articles

The United Australia Lebanese Movement Australia Day Award Ceremony

The United Australia Lebanese Movement Australia Day Award Ceremony

in Community News

The United Australia Lebanese Movement (UALM) held its 22nd consecutive Australia Day Award Ceremony on 22/01/2020 endorsed by the Australia Day Council of NSW. The UALM is the only organisation outside of Local Government able to hold such an event.

January 26, 2020

Rubber Bullets, Tear Gas, Water Cannons Fired at Stone-Throwing Protesters in Beirut

Rubber Bullets, Tear Gas, Water Cannons Fired at Stone-Throwing Protesters in Beirut

in Local News

Security forces on Sunday fired rubber bullets, tear gas, pepper spray and water cannons at stone-throwing protesters in central Beirut, a day after almost 400 people were injured in the fiercest clashes yet...

January 20, 2020 By Naharnet Newsdesk

Lebanon ranks first in Huawei's Mideast ICT competition

Lebanon ranks first in Huawei's Mideast ICT competition

in World News, Local News

Lebanon ranked the first in Huawei's Middle East ICT competition which took place over the weekend in the Chinese city of Shenzhen, a Huawei statement said Monday. A total of 13 teams of 39 students from across the Middle East competed in the final.

December 3, 2019

Hariri Announces Resignation, Urges Political Parties to Protect Lebanon

Hariri Announces Resignation, Urges Political Parties to Protect Lebanon

in Local News

Prime Minister Saad Hariri on Tuesday submitted his government’s resignation to President Michel Aoun, on the 13th day of an unprecedented popular revolt against the entire political class.

October 30, 2019 By Naharnet Newsdesk