A North Carolina grandfather is planning to retire, purchase his dream house, and spoil his 12 grandkids after winning a $10 million lottery prize.
N.C. Education Lottery officials and media gathered at lottery headquarters in Raleigh on Thursday to celebrate the winner, Theodore Duncan. After being greeted by cheers and confetti, Duncan and his fiancée were handed a $10 million check.
“I’m 52, and now that I’ve won this, I can finally stop working,” said Duncan. “I’m going to retire and get a brand new three-bedroom house with a big pool. I’m also going to use some of the money to spoil my 12 grandkids.”
He plans to stay in his “little town” of Oxford.
According to Duncan, a 52-year-old machine mechanic from Oxford, he bought a $10,000,000 Colossal Cash scratch-off ticket at the Berea Mini Mart on U.S. 158 West in Oxford on his way to the landfill to dump trash.
When he scratched off the numbers in his truck, he said he couldn’t believe what he saw.
“When I saw the money symbol I knew I won something,” Duncan said. “When I scratched off the prize I couldn’t believe it. I was so shocked I couldn’t drive. I said, ‘I won, I won, I won. I panicked, I just looked down at it. I had to call my brother to come get me.””
He called his fiancée and his brother, who told him to get to Raleigh immediately to claim his prize.
Duncan chose to take home a lump sum of $4,245,009 after required state and federal tax withholdings. He had the option to take $10 million annuity that has 20 payments of $500,000 a year.
When asked if it was hard to make the decision to leave his job, Duncan laughed and said no. “I have been working since I was 15,” he said, adding that he knows someone out there needs his job. “I was blessed. It is a great company,” he said.
In addition to spoiling his grandkids, Duncan also plans to donate $100,000 of his money to St. Jude Children’s Research Hospital.
“I buy three or four [tickets] a week,” Duncan said when he got the check. “I always told people that one day I’d hit the lottery. Today’s that day. It feels so good.”