Casino and Jackpot Winnings
Traditionally Casino and Jacpot winners would have to jump through a number of state regulated hopes if they wanted to accelerate the payout of their winnings.
Off an on third party companies have offered to faciliatethe acceleration of the payout in accordance with state and federal laws that govern such transactions.
Prosperity Partners is such a third party. You can read more about their casino and Jackpot winner services at the following link.
Breakfast buddies battle over lottery win.
By ED RUNYAN
VINDICATOR TRUMBULL STAFF
Michael Salcone and his wife, Theresa, of Gretchen Drive have been sued by 10 of Michael Salcone’s former breakfast friends at the Elm Road McDonald’s after a dispute arose over whose money bought a winning lottery ticket.
According to the filing, the 11 men had been meeting for breakfast almost daily for the past three years. In August, they agreed to put $5 each into a pool to play the Mega Million lottery game on Fridays.
Michael Salcone agreed to collect the money and buy the tickets, the suit says. On Oct. 7, one of the tickets Salcone bought contained five of six winning numbers, yielding a prize of $250,000, but he didn’t tell the group about it, the suit says.
Around the first week of November, some of the members heard a rumor that Salcone had hit the lottery and asked him whether it was true, the suit says. Salcone said no and acted surprised by the rumor, it adds.
When some of the group members saw a sign a few days later indicating that the Giant Eagle on Elm Road had sold a $250,000 winning ticket, they asked and were told the winner was Salcone, the suit says. Salcone then indicated the winner was his wife — but she played the game on a Tuesday, not a Friday, it says.
The Ohio Lottery Commission confirmed that the ticket was part of a block of tickets — and it had not been bought separately as Salcone had told the group, the suit says.
The suit asks for a preliminary injunction restraining the Salcones from transferring, concealing or destroying any of their property and stopping five banks and a credit union from releasing any funds to the Salcones.
It asks for a judgment of $350,000 in compensatory damages and $100,000 in punitive damages and a finding that the Salcones not get any share of the winnings. The case is assigned to Judge Andrew Logan.
The suit says Salcone no longer joins the others for breakfast, and showed up for the last time in early December.
End of Year
2005 was a great year for Posperity Partners. We served a lot of customers. As such our revenues nets and aggregates were up 15% from 2004.
We learned enough to continue the increase in revenue and cut back on expenses in 2006. We expect a record year next year.
One concern we have is the volatility of the internet. We can achieve a significant prominence in any arena, but the battle for the top spots can be demanding, such as for the term structured settlement.
The ranking algorithms are in constant flux meaning or positioning in the search engines shifts considerably.
Our strength in 2006 will be a diversity of products, a new branding model, and deeper pockets behind our business.
Another key component for consistent growth in 2006 will be the expertise of the current staff. The team in place right now is very strong and highly capable. They are also prime for some new challenges.
Happy Holidays
Having shaken off our post Christmas party lull, we are back to work busier than ever. Many companies in our industry virtually shut down this time of year.
Before 2003 we would do the same, but it turns out there are plenty of people who need our services during the holidays.
This year we are working through the holidays. We’ll have all the court documents ready for the judges to return from their holiday siesta.
At our holiday party this year we had a pool tournament. Each player had a caddy. The players didn’t know the caddy’s job was to be a distraction. It was absolutely hysterical.
Life has it’s distractions too, things that get in the way of where we want to go, who we want to be, and what we want to have. May 2006 be the year of no distractions for you. If you can’t see them, are they still there?
Ties
It’s been an interesting study to observe the evolution of attire at Prosperity Partners. Suddenly all the guys are wearing ties and the women, not to be outdone, have started to wear business formal. We look very proffessional.
Over the past few years our attire had become more and more relaxed. This upgrade in outfits and appearance goes hand in hand with our upgrades in each department. Aggressive customer service goals, improvements from phone work to document accuracy and closing acceleration. We feel our customers deserve the peak of service. And that means we need to be purposeful about recognizing areas we can improve, and then putting a plan in action to do so.