Massachusetts mom wins $25M lottery prize, plans to pay off her daughters’ student loans | FOX Business

Massachusetts mom wins M lottery prize, plans to pay off her daughters’ student loans | FOX Business

Massachusetts mom wins $25M lottery prize, plans to pay off her daughters’ student loans | FOX Business

Desiree Fortini-Craft, a resident of Hyde Park, Massachusetts, recently hit the jackpot, winning a whopping $25 million in the “Billion Dollar Extravaganza” $50 instant game. She purchased the winning ticket at Baker Street Market in West Roxbury. Fortini-Craft, who had previously won a $1 million prize in 2006, chose to receive the windfall as a one-time payment of $16,250,000 before taxes.

Upon claiming her prize at the lottery headquarters with her fiancé, Jason Perkins, Fortini-Craft revealed her plans for the winnings. Aside from treating herself to another trip to Aruba, she intends to share the wealth with her three daughters, helping them pay off their student loans. Additionally, she plans to buy a new car. The store that sold the winning ticket will also receive a $50,000 bonus.

The Massachusetts State Lottery, which operates as the only self-operated lottery in the nation, plays a crucial role in the state’s finances. In the 2023 fiscal year, it contributed a staggering $1.193 billion in net profit to the Commonwealth, supporting unrestricted local aid to all 351 cities and towns in Massachusetts. The lottery achieved a record of $350 million in commissions and bonuses distributed to retailers, showcasing its significant impact on the local economy. With the organization maintaining the lowest administrative costs in the country at two percent of all revenues, it stands as a model for efficiency in lottery operations……….full-loaf-600x400-1-e1700879832480 Massachusetts mom wins $25M lottery prize, plans to pay off her daughters' student loans | FOX Business[read more]

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Rising-Dough-e1700879911412 Massachusetts mom wins $25M lottery prize, plans to pay off her daughters' student loans | FOX BusinessHow might the economic impact of a state lottery, such as the Massachusetts State Lottery, influence local businesses, consumer spending patterns, and overall economic growth in the communities it serves? Consider the role of windfalls’ role in stimulating individual spending and broader economic activities, like Desiree Fortini-Craft’s prize.

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stone-street-coffee-logo Massachusetts mom wins $25M lottery prize, plans to pay off her daughters' student loans | FOX Business ☕️ **Discover Stone Street Coffee Company – Your Coffee Haven!** Today’s Dough readers, if you’re on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today’s Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street’s commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

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b1e07dec9d0e46662009660af8a51ca3?s=56&d=mm&r=g Massachusetts mom wins $25M lottery prize, plans to pay off her daughters' student loans | FOX Business

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0db7d5bc0b06dbba4809d7f9307618f1?s=64&d=mm&r=g Massachusetts mom wins $25M lottery prize, plans to pay off her daughters' student loans | FOX Business
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Rosario
7 months ago

I believe that the lottery really changes economic status because of the people who are addicted to gambling and then there are the people who win.

31ff78fff31d62f867386748ea3bd048?s=64&d=mm&r=g Massachusetts mom wins $25M lottery prize, plans to pay off her daughters' student loans | FOX Business
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Liliana
7 months ago

The state lottery could impact or influence local businesses because if they win the lottery then they could pay off all of their fees or loans and have less worries about maintaining their busisness.

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stonestreetcoffee.com ☕️ **Discover Stone Street Coffee Company - Your Coffee Haven!** Today's Dough readers, if you're on the hunt for exceptional coffee and cold brew, look no further than Stone Street Coffee Company. We at Today's Dough are smitten with their rich coffee blends and refreshing Cold Brew. Stone Street's commitment to quality shines through in every sip. Now, exclusively for our readers, click the banner above to snag a $5 off coupon on your next order. Experience the finest, ethically sourced beans roasted to perfection. Join the Stone Street community, savor top-notch coffee, and elevate your daily brew. ☕️🌟

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Rosario
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Rosario
7 months ago

I believe that the lottery really changes economic status because of the people who are addicted to gambling and then there are the people who win.

Liliana
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Liliana
7 months ago

The state lottery could impact or influence local businesses because if they win the lottery then they could pay off all of their fees or loans and have less worries about maintaining their busisness.

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