BOSTON — It’s been a pretty good month for John Ferragamo.
The Peabody resident is celebrating after recently winning a $2 million prize in the Massachusetts State Lottery’s “$2,000,000 50X Cashword” instant ticket game.
Ferragamo chose the cash option on his prize and received a one-time payment of $1.3 million, before taxes, state lottery officials said in a statement. He plans on buying a new car and going on vacation with his winnings.
He purchased his winning ticket at Sunoco at 1 Lynn St. in Peabody.
The store will receive a $20,000 bonus for its sale of the winning ticket.
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