Morrisville man wins top scratch-off lottery prize
RALEIGH, N.C. (AP) — A Morrisville man is the first winner of the North Carolina scratch-off lottery prize of $200,000 for life.
The North Carolina Education Lottery said in a news release that 53-year-old Michael Stutts won the first of three top prizes in the instant ticket game. He bought the ticket Thursday at a gas station on his drive home from a business meeting.
Stutts works as a senior project manager with a company specializing in audio visual installations.
He and his estate are guaranteed $4 million in annual payouts, which come to $136,006 after taxes. He will receive more if he lives more than 20 years.
The $20 scratch-off tickets has seven second-place prizes of $50,000 a year for life with a minimum payout of $1 million.