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Asset Managers Claim $254 Million Powerball Jackpot

Three asset managers from Connecticut claimed a $254 million Powerball jackpot on Monday off a $1 ticket.

Connecticut Powerball Jackpot winners Greg Skidmore, Brandon Lacoff and Tim Davidson.
CNBC
Connecticut Powerball Jackpot winners Greg Skidmore, Brandon Lacoff and Tim Davidson.

Gregg Skidmore, Brandon Lacoff and Tim Davidson came forward as trustees for The Putnam Avenue Family Trust, which they formed after Davidson bought the winning ticket at a Stamford gas station. At least two of them live in Greenwich, one of America's wealthiest towns and not far from the New York state border.

They will take the after-tax lump sum of nearly $104 million in cash.

They say a significant portion will go to charity.

Davidson bought the $1 quick-pick ticket for the Nov. 2 drawing at the Shippan Point Getty station in Stamford. It was the only ticket he bought. The winning numbers were 12-14-34-39-46, Powerball 36.

The jackpot was the largest ever won in Connecticut and the 12th biggest in Powerball history.

The three men work at a small, startup asset management firm called Bell Asset Management in Greenwich. They appeared with their lawyer at a news conference and didn't say much.

"It feels good," Skidmore said.

Lottery officials had used billboards across the state to urge the ticket holder to come forward as the weeks went by without a winner.

Ranjit Singh, manager of the Getty station, said lottery officials called the station at about 10:30 a.m. local time Monday to announce the winning ticket had been sold there. The station receives $100,000 for selling the winning ticket.

Singh said he didn't know the winners and doesn't remember selling the winning ticket.

"We're really happy," Singh said. "Christmas is a little early."

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