The story of the three very lucky Greenwich, Connecticut wealth managers winning the $254 million Powerball has turned from a "Rich Get Richer" story to a possible "Rich Protect The Richer" mystery when one man claimed the trio were fronting for a client. But the three men's trust, the Putnam Avenue Family Trust, issued a statement, "There has been much speculation and quite a bit of misinformation over the last 24 hours... To be clear, there are a total of three trustees and there is no anonymous fourth participant." more ›

Yesterday, Powerball lottery players found out that the lucky winner of the $254 million drawing on November 2 turned out to be three wealth managers from Greenwich, Connecticut. Greg Skidmore, Brandon Lacoff and Tim Davidson opted to take a $104 million lump sum payout (the giant check was made out to the Putnam Avenue Family Trust), which is $22 million more than the total client money they manage at Belpointe Asset Management. Their lawyer did most of the talking for them at the press conference, giving few details... which opened the door for an alleged family friend of Lacoff's to tell the Daily Mail that the trio are fronting for a client who actually won the jackpot. more ›

The 12th biggest Powerball lottery was November 2nd's $254 million jackpot, and the winning number came up in Connecticut. Today, the winners stepped forward and it turns out they are Greenwich-based wealth managers who formed a trust to protect their winnings. According to the Hartford Courant, "At a press conference at lottery headquarters, an attorney for the trust said one of the men, Tim Davidson, has purchased a single $1 ticket at a Stamford gas station. Jason Kurland, the attorney, declined to discuss the relationship among the men, other than to say they all work at Belpointe LLC, which described itself on its website as offering wealth management, real estate and legal services." more ›

A group of 20 Long Island Costco workers claimed their $201.9 million Powerball jackpot yesterday in front of the store that most say they'll continue to work at. The 8 women and 12 men decided to accept their winnings in a $106 million lump sump, which is around $70 million after taxes, or $3.5 million apiece. more ›

The odds of winning the grand prize for Powerball are one in 195 million, and a group of Costco employees on Long Island have handily beaten those odds, winning a $201.9 million jackpot. (It has a lump-sum value of $106 million.) The winners' workplace—but not their identities—was revealed today, and a Costco employee who was not a member of the Costco "lottery club" tells Newsday one of the winners insists "she is going to keep working. Everything is still the same." But not everyone who won is completely insane; the man credited with founding the lottery club, who works at Costco as a greeter, is said to have already quit his job. more ›

Everybody is getting suspiciously lucky lately: after yesterday's report that a college kid from Florida won a furnished condo in the Financial District thanks to a HGTV pop-up contest, today brings news that a Manhattan man won $1.8 million in the Powerball lottery last week after buying nine tickets with the same numbers at an UWS bodega. Miguel Rivera, 53, of the UES, won nine second-place prizes of $200,000. He was but one Powerball number away from hitting the full $95.3 million grand prize. Since we're big believers in the power of three, we're taking the rest of the day off to go on a scratch tickets scavenger hunt. more ›

Yesterday the first ever Powerball tickets sold in New York were being scooped up by locals hoping for a lucky break. This Wednesday night there's a $107 million jackpot up for grabs, and one regular player told the NY Post, "Now I don't need to go to Pennsylvania to play." The official kickoff is being celebrated right now in Grand Central Terminal where Yolanda Vega is hosting the "World's Largest JackPIT." They tell us this is made up of "Human Mega Millions balls and Powerballs jumping into a giant ball pit with over 120,000 balls." Why not. And if you want to jump in, it's open to the public all day, and those who participate can win an iPod. Surely worth jumping into a pit of germ-infested balls for. more ›

NY State Lottery officials are hoping to join the big 32-state lottery, Powerball, in hopes of generating more state revenue. Right now, Powerball is available only in neighboring states like Connecticut and Pennsylvania, so when there's a big jackpot, New Yorkers head out of state to buy tickets. Currently, NY is already part of the 12-state MegaMillions lottery, and Lottery spokesman Jennfier Givner told the Daily News that officials think both games will do well, "People are really attracted to the larger jackpots. With all the states involved, you get these exciting large rollups and huge jackpots that people are interested in and drive sales." It would take 6-12 months to get the game rolling and state thinks it could make $11 million in the first year and another $21 million in later years. However, State Senator Frank Padavan (R-Queens) said another lottery game is a terrible idea, snarking, "Given they are already costing the average family another $4,000 and $5,000 a year, it seems reasonable for them to figure out another way to pull money out of the back pockets of the people who can least afford it." more ›