The New York Times reports that three Connecticut asset managers won $254.2 million dollars in the Powerball game, the largest jackpot in the state’s history. The lucky winners-or lucky bastards depending on if you hate seeing the rich get richer-are Timothy C. Davidson, Brandon E. Lacoff and Gregory H. Skidmore, three executives at Belpointe Asset Management, an investment firm based in Greenwich, Conn.
The three men made — or rather, multiplied — their fortunes with a single $1 ticket purchased at a gas station in neighboring Stamford, a Connecticut Lottery spokeswoman said. Mr. Davidson bought the ticket on Nov. 1, using the “pick six” option to allow the lottery’s computer to choose random numbers. The winning digits: 12, 14, 34, 39, 46 and the Powerball number, 36.
With unemployment still hovering above 9 percent and millions of Americans struggling to pay their bills, you would have hoped that such a money pot would have gone to those, how should we put, less fortunate. But some see it differently.
“The lottery is all about dreaming, and that runs across all demographics and all people,” said Anne Noble, the Connecticut Lottery’s chief executive.
How do you feel about three fat cats getting a $254.2 million dollar Christmas gift in November?
Read the full story at The New York Times.