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Lottery Winners Help Veterans Groups with Million Dollar Donation

According to an article in The Los Angeles Times, a collection of lottery winners are giving out $1 million to charities that fund care for U.S. veterans.

Recently, a group of 3 “financiers” from a Connecticut company hit the Powerball lottery, which was worth a $254 million jackpot. After taxes the winnings totaled $103.5 million.

The winnings were put into a trust, from which the donations will be distributed. According to that trust, 5 groups whose focus is helping veterans and soldiers who have recently returned from deployments will be given $200,000 each, which include: 

• ·        the Bob Woodruff Foundation;
• ·        the Intrepid Fallen Heroes Fund;
• ·        Building Homes for Heroes;
• ·        Services for the Under Served (S.U.S.); and
• ·        Operation First Response.

The lottery winners are fully aware of the number of problems facing today’s U.S. veterans, and how they run the gamut from foreclosure to severe physical and mental traumas. Being able to “leverage lottery winnings” into benefits for veterans and society was an immediate goal for the 3 men, who all stated they had the hope their donation would “serve as a model of how the fortunate could help others.”

If you are a disabled veteran who has been denied disability compensation or have not yet applied for benefits from the VA, a South Florida disability attorney from LaVan & Neidenberg is ready to help. To learn if you are entitled to certain programs and benefits contact our veteran’s disability rights firm today – 1-888-234-5758.