Jackpot!! From The Warehouse to The Penthouse

15 Jan, 2016

A small-town warehouse supervisor turned in one of three tickets splitting the world-record $1.6 billion Powerball jackpot on Friday, and swiftly announced that he would take his money now, giving up hundreds of millions of dollars in the future.

But John Robinson and his wife, Lisa, said they won’t stop working and won’t make any wild purchases. They’ll pay off their mortgage and their daughter’s student loans, but have no desire to move from their small, gray, one-story house into a luxurious compound somewhere.

“I’ve never wanted that in the past. I don’t really want that now,” said Lisa Robinson, who works in a dermatologist’s office.

“Big houses are nice,” her husband said, “But also you gotta clean ’em.”

Robinson said he reached out to his brother for help finding lawyers and financial planners before deciding to take the winnings in a single lump sum of nearly $328 million, rather than let the lottery invest the prize and pay him 30 annual installments totaling an estimated $533 million.

Why pass up on a certain income totaling more than $200 million?

“We’re going to take the lump sum, because we’re not guaranteed tomorrow,” Robinson said. “We just wanted a little piece of the pie. Now we’re real grateful we got the big piece of the pie.”

No one has produced the other winning tickets, which overcame odds of 1 in 292.2 million to land on all six numbers at a Publix supermarket in Melbourne Beach, Florida, and a 7-Eleven in Chino Hills, California.

The Robinsons said they have no plans to leave Munford, the town of about 6,000 north of Memphis where they both went to high school.

And both plan to return to work on Monday, because “that’s what we’ve done all our lives, is work,” Robinson said.

“You just can’t sit down and lay down and not do nothing anymore. How long are you going to last?” he asked.

Tennessee Lottery executive Rebecca Hargrove said the couple would get a “small check today for a few million,” and collect the full lump sum in about 10 business days.

Robinson said earlier Friday that they would help certain friends, give to the St. Jude Children’s Research Hospital in Memphis, and donate to their church.

“I’m a firm believer in tithing to my church,” Robinson said in an appearance on NBC’s “Today” show.

The couple has a son, Adam, who works as an electrician, and a daughter, Tiffany, who lives nearby in her late grandparents’ home.

Tiffany said she also wants a horse.

“My first thought was, I’ve always wanted a horse,” she said. “I get a horse now. My dad always said, “When I win the lottery.'”

Robinson carried the precious slip of paper to New York City and back before showing up at Tennessee’s lottery headquarters. Their lawyer went with the family, as did their rescue dog, Abby, who snoozed through most of the excitement.

Lawyers who have represented other winners advise against going public until they have made plans with experts in tax law, financial planning, privacy, security and other safeguards to protect themselves and their winnings.

The Robinsons did ask for privacy on Friday.

Robinson said he bought the winning ticket at his wife’s request at the family-owned Naifeh’s grocery on his way home from work Wednesday night, then went to sleep. His wife stayed up to watch the drawing, and started “hollering and screaming through the hallway saying, ‘You need to check these numbers. You need to check these numbers,'” he said.

He did, four times, then thought: “Well, I’ll believe it when the news comes on in the morning.”

AP

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