Michael Bassett opts for lump-sum payout, plans to enjoy newfound fortune after purchasing ticket in Marco Island.
The Florida Lottery announced that Michael Bassett, a 60-year-old Naples resident, has claimed a $1 million prize from the popular $1,000,000 A YEAR FOR LIFE SPECTACULAR Scratch-Off game.
Bassett, who purchased his winning ticket at a 7-Eleven located at 600 Bald Eagle Drive in Marco Island, visited Lottery Headquarters in Tallahassee on April 28 to claim his winnings.
Rather than the annuity option, Bassett chose to receive his prize as a one-time, lump-sum payment of $640,000.00, providing him immediate access to his newfound fortune…