A Charlotte man turned a $5 scratch-off into a six-figure windfall this week after his LOTERIA Fiesta ticket hit the game’s top prize. Robert Scott bought the lucky ticket at the Raceway Amoco on Lyles Lane in Concord and later claimed his winnings Tuesday at the North Carolina Education Lottery headquarters in Raleigh. After required federal and state withholdings, he walked away with $108,016 from the $150,000 prize, according to Queen City News.
About the LOTERIA Fiesta Game
The LOTERIA Fiesta game launched last July with six $150,000 top prizes, according to the North Carolina Education Lottery. Independent tracker Scratchers Paradise listed four top prizes remaining as of Tuesday, so there are still several of those big tickets floating around.
What Winners Actually Take Home
Lottery prizes are subject to federal and state tax withholdings, which can substantially trim those eye-popping headline numbers. Scott’s post-withholding payout of $108,016 on a $150,000 win shows just how big that gap can be…..