LOTTERY WINNER’S FOUNDATION
January 5, 2006
Hugh Hawkins, the winner of the largest lottery ever paid out in Iowa, said he and his wife plan to use some of their winnings to establish a foundation to make grants that will support start-up nonprofit organizations, reports the Associated Press. Mr. Hawkins’s personal debts led him to file for bankruptcy protection last May. He chose on Tuesday to accept the one-time lump payment of $54.7-million from lottery officials, half of the $113.2-million Powerball jackpot winnings for December 14.
