Current:Home > StocksWoman plans to pay off kids' student loans after winning $25 million Massachusetts lottery prize -Elevate Money Guide
Woman plans to pay off kids' student loans after winning $25 million Massachusetts lottery prize
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Date:2025-04-16 01:01:09
A Massachusetts woman who won $25 million in a lottery prize said she plans to use it to help her three daughters pay off their student loans.
Desiree Fortini-Craft, of Boston, was the third and final winner of the Massachusetts State Lottery's "Billion Dollar Extravaganza" $50 game.
According to the Mass Lottery, Fortini-Craft chose to take her winnings as a one-time payment of $16,250,000 before taxes.
In addition to helping her three daughters, Fortini-Craft said she plans to enjoy life, have a family Christmas in Aruba, buy a new car, and make some big family purchases.
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Fortini-Craft told the Mass Lottery she bought the ticket a few weeks ago from Baker Street Market in West Roxbury, a neighborhood in Boston. She stored it in a secure place before taking a trip to Aruba, and claimed her prize after she returned.
The store will also get a $50,000 bonus for selling the winning ticket.
This isn't the first time Fortini-Craft has struck big. In 2006, she won $1 million prize.
The $25 million prize is the largest instant prize offered by the Mass Lottery. While all three $25 million prizes have been claimed in the “Billion Dollar Extravaganza” game, there are still seven $1 million grand prizes and four $2 million grand prizes that have yet to be claimed.
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