June 6, 2005
Retired Springfield Banker Wins $50,000 Tax Paid
A retired mortgage banker in Springfield now has more money of his own to manage after he matched all five numbers in the May 28 SHOW ME 5 Paydown drawing to win $50,000 tax paid.* Garry Avery, 69, said he "doesn’t have a clue" as to what he will do with the prize money, besides putting new floor coverings in his home.
"I have a short list of possibilities," he said.
Avery purchased his winning ticket on May 28 at Kum & Go, 1313 W. Battlefield in Springfield. He let the computer select the winning combination. Those numbers were: 3, 5, 8, 14 and 40.
Avery discovered he had won the prize on May 29 when he checked the numbers on his ticket with those published in the Springfield News-Leader.
To date, 89 players have matched all five numbers drawn to win $50,000 tax paid in SHOW ME 5 Paydown since the game began Nov. 6, 2000.
* The Missouri Lottery will pay 25 percent federal and 4 percent state withholding taxes for the top prize based on its value. Depending on personal income, winners may owe additional taxes for the prize, or they may be entitled to a refund. Total value of the top prize is $70,422.55. After withholding, winners will receive $50,000. If more than 14 players match the five winning numbers in a single drawing, $1 million will be divided equally among the number of winning tickets.