Peabody, Mass. — A Peabody man wins the $2 million top prize from the “$2,000,000 50X Cashword” instant ticket game.
John Ferragamo of Peabody opted for the cash option and is receiving a one-time payment of $1,300,000 (before taxes).
When asked what he plans on doing with his winnings, he said he’s going to buy a new car and go on a nice vacation.
The Sunoco that he purchased it from at 1 Lynn St. in Peabody will also receive a $20,000 bonus.
Congratulations to John.
This is a developing story. Check back for updates as more information becomes available.
Download the FREE Boston 25 News app for breaking news alerts.
Follow Boston 25 News on Facebook and Twitter. | Watch Boston 25 News NOW