Wealth work pays: Greenwich trio hits record Conn. jackpot

Greg Skidmore
FACEBOOK

It’s a riches-to-riches story for the 1-percent class: Three Greenwich, Conn., wealth mangers claimed a $254 million Powerball jackpot yesterday — and promised to donate much of the pot to charity.
Greg Skidmore, Brandon Lacoff and Tim Davidson announced yesterday that they won the quarter of a billion dollars.

The trio bought a $1 Quick Pick ticket at a Stamford, Conn., gas station on Nov. 2, with the winning numbers of 12-14-34-39-46, Powerball 36.

They formed a trust and hired a lawyer to help manage the money.

All three work at Belpointe, a firm that offers advice and services on wealth management, real estate and legal issues. The company manages $82 million, according to the New York Post.

The jackpot ranked as the largest ever won in Connecticut, dwarfing the previous record of $59.5 million in 2005.

According to the Belpointe website, Skidmore was a former member of the United States sailing team and hoped to go to the Olympics before joining the firm.

“It feels good,”?was all he would say at a press conference yesterday.

The manager of the gas station also reported glee at the winnings: Ranjit Singh’s BP station will receive $100,000 for vending the winning ticket.

“We’re really happy,” Singh told reporters. “Christmas is a little early.”

Donating it?

The three will take home $103,586,824 after taxes, their lawyer said, although they say they plan to  donate a significant amount to charity.
   
“This is going to benefit many people,” said their attorney. They reportedly put together a trust to manage the money before announcing their big win.

Follow Alison Bowen on Twitter @AlisonatMetro.



News
Entertainment
Sports
Lifestyle
Local

Mayor announces public housing improvements

Mayor Bill de Blasio spoke at the Lincoln Houses in East Harlem on Wednesday, calling for the scaffolding to come down at NYCHA complexes across…

National

Peter Theo Curtis: American released by Syrian militants…

An American writer freed this week from two years in the captivity of insurgents in Syria spoke briefly outside his family's Cambridge home Wednesday of…

Local

Bratton defends 'broken windows' work as NYPD support…

Sixty percent of those polled said they support the "broken windows" theory approach popularized by Commissioner Bratton since his first term in the 1990s.

Local

Transit changes for Labor Day weekend

The MTA is adding additional service Friday for New Yorkers getting out of the city for the long weekend. On Friday, Aug. 29, 27 additional…

Television

'So You Think You Can Dance' recap: Season…

Season 11’s top four dancers gave their final performances before America’s Favorite Dancers are announced next week.

Going Out

Things to do this week in NYC, Aug.…

MUSIC The Electric Zoo Festival Aug. 29-31, 1 p.m. Randall’s Island Park $99-$369, www.electriczoofestival.com The electronic music celebration returns for a fifth year, with 150,000 attendees…

Going Out

5 things to do this weekend in NYC

The Electric Zoo Festival Aug. 29-31, 1 p.m. Randall’s Island Park $99-$369, www.electriczoofestival.com The electronic music celebration returns for a fifth year, with 150,000 attendees expected. David Guetta,…

Music

The Handsome Family on 'True Detective' Emmy and…

When asked to describe The Handsome Family’s latest album, Rennie Sparks channels Rust Cohle of “True Detective.” “A strange problem that humans have is that…

NFL

Mario Manningham on the bubble as Giants play…

Former Super Bowl hero Mario Manningham hopes his second go-around with Big Blue doesn’t end with Saturday’s final cut day.

NFL

Source: Stephen Hill 'faces a battle' to make…

A team source says Stephen Hill, who has battled injuries and poor performances during his first two years, is no lock to make the Jets’ final roster.

Sports

Serena Williams leaving legacy of talented American women…

It seems only a matter of when, not if, Serena Williams will win her 18th career grand slam championship.

College

When are 2014 college football playoffs? (Schedule, date,…

When and where are 2014 college football playoffs? A look at the schedule, date, TV, time for the semi-finals at championship game.

Food

Recipe: Samuel Adams beer-marinated grilled shrimp

Summer calls for two things: a cold beer and light food. Sam Adams' Latitude 48 IPA fairly bursts with citrus notes, making it an ideal marinade…

Wellbeing

Heart trumps brain when it comes to movies…

When you need a good cry, do you reach for the movie that’s “based on a true story”? Science says you’re giving your brain far…

Sex

The 10 types of people you meet online

Does it ever seem like online dating profiles tend to get a little repetitive? It turns out you are not the only one to have…

Home

Labor Day essentials

Whether you’re soaking up the sun on the beach or barbecuing in the park here are some must-haves for your end-of-summer bash.