Here’s one group of individuals that probably won’t squander their winnings.
Tim Davidson, Brandon Lacoff and Greg Skidmore, split the $1 dollar lottery ticket at a gas station in Connecticut — and that ticket ended up holding the winning numbers for largest Powerball winnings in the state’s history.
At a press conference, the group presented the winning ticket, which netted them a $254 million prize. After taxes, Davidson, Lacoff and Skidmore will pocket around $104 million, or more than $34 million each.
The trio all work as money managers for Conn.-based Belpointe Asset Management, which according to SEC documents, has roughly $82 million in assets under management.
The winners aren’t wasting any time pondering what to do with their winnings, either. According to a story published by Reuters, the three plan to form and become trustees of Putnam Avenue Family Trust.
