ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Kentucky driver running low on fuel stops for $20 gas and walks away with a $1 million lottery win

With the $40 he had, he spent $20 on gas and with the rest, he bought the scratch-off ticket to try his luck.
PUBLISHED SEP 19, 2024
Screenshot from Twitter post @Kentucky Lottery | Representative image by Freepik
Screenshot from Twitter post @Kentucky Lottery | Representative image by Freepik

Sometimes ignoring the fuel gauge can lead to a million-dollar windfall. A Kentucky driver who made an emergency pitstop at a gas station after running out of fuel walked out a millionaire. After coasting to the station, Michael Schlemmer bought a ticket for the Luck Kentucky Lottery scratch-off game with spare change and ended up winning $1 million



 

Schlemmer from Corbin, which is about 100 miles northwest of Knoxville, won the lottery last year in a twist of fate. Speaking with the lottery officials, he explained that he ran out of gas and barely coasted to the Convenient Food Mart for a refill.

With the $40 he had, he spent $20 on gas and with the rest, he bought the scratch-off ticket to try his luck. Schlemmer scratched the ticket outside the store and didn't have to check or wait to learn that he had won. The automatic symbol on the ticket immediately indicated that he had won the game's top prize. 

Representative image | Getty Images | Stock Photo
Representative image | Getty Images | Stock Photo

“I scratched it off and I looked at it and went back [into] the store,” he said in the press release. He then  showed it to the staff who started grinning once they realized that Schlemmer had won. It was then confirmed that he had won $1 million.

“Nothing went through my mind,” Schlemmer told the lottery officials. He said he wouldn't believe it until he got his check. However, he opted to give up some money and the chance to become a millionaire. 



 

Schlemmer decided to take the lump sum of $862,000, instead of the annuity payments of $50,000 every year. Thus, after taxes, Schlemmer took home about  $616,330. Schlemmer shared that he had been looking to buy a new car and his winnings will help him make the purchase.

“I told the dealership I’m waiting for a big check to come in and then I hit that,” Schlemmer told the lottery, adding that he plans to deposit the rest of the cash into his savings, the New York Post reported. Apart from Schlemmer, Convenient Food Mart, the seller of the ticket will also receive $8,620 (1% of the prize) as a bonus. 

Representative image | Getty Images | Stock photo
Representative image | Getty Images | Stock photo

In a heartwarming story from earlier this year, a cancer patient won the Powerball Jackpot lottery worth $1.3 billion. Cheng “Charlie” Saephan, an immigrant from Laos, told the lottery that he had been battling cancer for eight years. After winning, the Portland resident said that he would be sharing the prize with his friend, who had chipped in $100 for the ticket. 



 

At a press conference held by the Oregon Lottery, Saephan said that since his diagnosis, he often wondered how the future would look like for his family. Now, he said the winnings will help him provide for his wife and two young children. He added that it would also help him get a better doctor and better care as well.

Saephan's $1.3 billion prize was the fourth-largest Powerball jackpot in the history of the game.

MORE ON MARKET REALIST
An underlying stock rotation has triggered a potential countdown to a crash.
8 hours ago
Harvey couldn't pass up the opportunity to take a jab at J-Lo's relationship status
12 hours ago
While the president championed his policies, the ground reality tells a woeful tale.
12 hours ago
Companies will be in no rush to reduce prices as trade uncertainty continues, the bank noted.
1 day ago
Trump threatened to use different laws to punish countries that back away from negotiated deals.
1 day ago
Despite his experience, Harvey didn't know much about the prep that goes into competing on the show
1 day ago
With slacking consumer spending and the 43-day shutdown, the GDP grew by just 1.4%.
4 days ago
Economist Joseph Stiglitz claimed no policy was helping boost blue-collar jobs amid automation.
4 days ago
Turns out a hug from James O'Halloran was worth more than the cash for Nikki.
4 days ago
Although the player was off in her guess by nearly $10, she had a buffer to work with.
4 days ago
Harvey was excited to learn how Amrett impressed his dates.
4 days ago
Sen. Sanders called out the “greed” and “arrogance” of California's richest in his latest speech.
5 days ago
The guest who wasn't even a fan of Dolphins, owned one of the most important souvenirs of the team.
5 days ago
The mayor and the DCWP has sent out warning notices to 187 big-name gyms and health clubs
5 days ago
The new rule proposed by the VA allegedly changed the basis of determining the benefits.
5 days ago
The guest admitted that she will be "very careful" with the watch once she got home.
6 days ago
New Zealand eased restrictions for its golden visa and Americans are dominating the applications
6 days ago
ZOA Energy agreed to settle a case alleging it misled customers with its zero preservatives claim
6 days ago
Despite being bald, Harvey knew some of the answers didn't make sense.
6 days ago
Yang claims if one company cuts workers, it will turn into a competition which will be devastating.
7 days ago