Winnings

Tobago pensioner to keep $6.4M lotto winnings secret from friends & family

The Tobago man who won this year's first drawing of the National Lotto Plus, plans to keep his winnings a secret from friends and family. 

He won $6,454,791.64 in last Saturday's Draw #1817, with a Quick Pick. 

"When asked how he planned to celebrate his winnings, he said he will not make a fuss and he didn't plan to tell anyone - neither his girlfriend nor children," a National Lotteries Control Board (NLCB) Tobago official told Guardian Media.  

NLCB: Taxes will not exceed 500,000 dollars

The National Lotteries Control Board is still calculating exactly how much money it will have to pay back to gamblers but says the amount does not exceed half a million dollars. This as the NLCB issued a statement on Friday that it will have to refund all the 10% deducted for the period July 30th to August 4th.
However, NLCB Chairman Eustace Nancis says he doesn't estimate the figure to be more than 300 to 400 thousand dollars.
Initially, the NLCB announced that winnings crossing $1,000 would be taxed at 10%.