Powerball Winners donate $1 Million to Veterans
The trio of money managers from Connecticut who recently shared a $260 million Powerball jackpot are donating $1 million to veterans.
Their new charitable trust, the Putnam Avenue Family Trust, is generously offering the money to five organizations that support veterans and military members who recently returned home from deployments.
A spokesperson for the trust has said that it is the first of many charitable donations to be made by the men in the coming months.
The Putnam Avenue Family Trust was created by Greg Skidmore, Brandon Lacoff and Tim Davidson when they took home a lump sum of $103.5 million after winning Powerball last week.
The win came off the purchase of a $1 Powerball lottery ticket.
The men say that they hope the trust’s donations will become an example for other lottery winners nationwide.
The first recipients are receiving $200,000 each: The Bob Woodruff Foundation, Building Homes for Heroes, Services for the Under Served (S.U.S.), Operation First Response and the Intrepid Fallen Heroes Fund.
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