Wealthy Lottery Winners Make Good on Promise of Philanthropy

Wealthy Lottery Winners Make Good on Promise of Philanthropy

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Lottery winners give to VeteransThree Connecticut wealth managers who won a $254 million jackpot followed through on their promise to put the money toward philanthropy, today announcing donations to five charities that help veterans reintegrate into everyday life following deployment.

The first recipients will each receive $200,000. They are: The Bob Woodruff Foundation, Building Homes for Heroes, Services for the Under Served, Operation First Response and the Intrepid Fallen Heroes Fund.

The lottery-winning trio formed a trust after claiming the largest prize in Conn. lottery history. It was also the 12th largest Powerball jackpot ever.

Their Putnam Avenue Family Trust opted for the one-time after-tax cash payout which totaled more than $103 million dollars.

(READ the ABC News story on Yahoo)

Thanks to Julia Frerichs, and Anne, for sending the link!

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