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RETIREE GETS $350,000 BONUS FOR HIS NEST EGG
October 17, 2015
A 25 year former Jeep employee started by spending $2 on a Cash Explosion ticket in hopes of getting an entry to get on the game show. Instead, Gene Smith of Maumee won $5. He reinvested his win on a Double Cash Doubler ticket and won $250,000.

“On my way home I stopped at the carryout to buy a Cash Explosion ticket. Winning $250,000 on Double Cash Double was easier than trying to get on the show and win. This was a bonus; I really just spent $2,” he said.

After mandatory federal and state taxes, totaling 29 percent Smith receives $177,500. Smith said he retired eight years ago from Chrysler Jeep and will use the money for investing.
 

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