Securing a Fortune: Michigan Man Buries $1 Million Lottery Ticket

Lottery winners often go to great lengths to ensure their hard-won tickets are kept safe until they can be cashed, and one Michigan man has gone above and beyond in this regard. Finding his own unique method of safekeeping, the man chose a peculiar storage spot for his seven-digit winning lottery ticket—his backyard!

Unearthing the Story

The man, who has opted to remain anonymous, purchased his lucky ticket from a local grocery store in Kent County. Upon realizing that he was holding a ticket worth $1 million, he decided that the best way to secure his ticket until he could claim his winning prize was to bury it in a mason jar in his backyard. Fearful of losing his ticket to theft or misplacement, he felt that this was the safest option

Claiming the Win

Managed by the state lottery, lottery tickets are considered bearer instruments. This implies that whoever bears the ticket can submit it as a claim. So if one loses the ticket, the finder can cash in the winnings if they hold the ticket at the time of redemption. Evidently, it was a risk too big to take for our Michigan man.

The man booked an appointment to cash in his ticket as soon as the lottery offices reopened amidst the Covid-19 pandemic. Now, after safely retrieving his winning ticket, he has received his winnings as a lump sum of $634,517 after taxes—a life-changing amount indeed.

Lottery Security Tips

While burying a winning ticket might not be everyone's first choice of safeguarding measures, it is essential to take steps to protect lottery tickets. The most recommended immediate steps after discovering a winning ticket include signing the back of the ticket, storing the ticket in a safety deposit box at a bank, and discussing the win with a financial advisor.

Easy To Buy, Hard To Lose

Remember, at The Lottery Lab, we provide secure online purchase options for all major US state lotteries, instantly eliminating the risk of losing your physical tickets. Enjoy the convenience of purchasing lottery tickets online, knowing that your prospective fortunes are safe and secure.

In Conclusion

While our Michigan man's tactic to protect his winning ticket was certainly unique, it underscores the importance of properly safeguarding lottery tickets, especially large-win tickets. His story is indeed a fantastic example of the unpredictable and adventurous journey one may experience on the road to cashing in a lottery win!