NC Lottery: Dewey Smith Won $1 Million Prize

NC Lottery: Dewey Smith Won $1 Million Prize

Raleigh, NC (STL.News) When Dewey Smith of Belmont scratched off his 50X The Cash ticket and saw a $1 million prize, he couldn’t believe his eyes.

“I couldn’t believe it to start with,” he recalled.  “I kept looking at it and kept looking at it and then I ran it through the scanner and then I knew it was real.”

Smith purchased his winning $10 ticket from the Kingsway on Market Street in Cramerton.

“I’m really excited,” he said as he claimed his prize Thursday at lottery headquarters.  “I just couldn’t believe it.”

Smith had the choice of taking the $1 million as an annuity of 20 payments of $50,000 a year or a lump sum of $600,000.  He opted for the lump sum and took home $424,503 after required state and federal tax withholdings.

The 50X The Cash game launched in February with six top prizes of $1 million.  Three remain to be won.

 

About Maryam Shah 5733 Articles
Maryam Shah is a teacher, mother, and wife. She is dedicated to publishing news provided by the US Department of State, State Governors, and more. She constantly monitors the web for the latest news updates, quickly publishing stories to help keep the public informed.