Gambling Gambling

Hialeah man wins $1K for life, takes $787K lump sum instead

Pedro Loaces, 52, of Hialeah, claimed a top prize in the $1,000 A Week for Life  Scratch-Off game, at Florida Lottery headquarters in Tallahassee.

His ticket cost $2.

Loaces chose to receive the winnings as a one-time, lump-sum payment of $787,152.56. He purchased his winning Scratch-Off ticket at El Clon Supermarket, located at 7751 West 28th Ave. in Hialeah.

The "Life" family of games is one of the Lottery’s best-selling families of scratch-off games.  

The first Lucky for Life-themed Scratch-Off game was introduced 17 years ago with the launch of Win for Life, a $2 game. In 2004, the $10 game Set for Life was launched, offering $5,000 a year for life top prizes. Later, the first $20 Lucky for Life ticket offering $100,000 a year for life top prizes was introduced.

  Scratch-Off games comprising approximately 60 percent of ticket sales.

 

Copyright © 2015, South Florida
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