Saturday, July 23, 2016

Lottery Winners Pledge "Nearly All" Prize Money to Charity

C. Coimbra photo

SACRAMENTO, Calif. –  A California couple has claimed a $528.8 million share of a record Powerball jackpot from January and pledged to give much of it to charity.

Flanked by security, Marvin and Mae Acosta went to a state lottery office in Van Nuys on Friday to claim their winnings from the record $1.6 billion Powerball drawing, lottery officials disclosed Tuesday.

In a statement, the Acostas said they are dedicating nearly all of the prize money to a trust and charities.

"We are thankful and blessed for the rare gift that has been placed in our care," the statement said.

Traverso described the Acostas as a younger couple with two children. No additional details were released because they requested privacy.

The couple will take their winnings in a cash option totaling $327.8 million before federal taxes, lottery officials said.
--From Fox News

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