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His $1.8 million might seem like chump change compared with the record-breaking $363 million Big Game jackpot, but John Sweeney, owner of the Lake Zurich gas station where one of two winning tickets was sold, said he'll take it.
While the owner of that $181.5 million ticket still had not come forward Wednesday night, Sweeney basked in his relatively minor good fortune among a swarm of media and spun up ways to use the money for his business, his employees and his favorite charity.
'I'll certainly take it,' said Sweeney, 49, owner of eight suburban Sweeney Oil Citgo gas station-convenience marts. 'It's the best profit margin I've ever had.'
In fact, it would take about a decade for Sweeney Oil to earn $1.8 million in profits, despite earning millions of dollars a year in revenues selling gas at its stations and to industrial customers, Sweeney said.
The other winning ticket was purchased at Mr. K's Party Shoppe near Utica, Mich., 20 miles north of Detroit. Michigan Lottery officials said they were contacted Wednesday by a man they believe holds one of the tickets. The man didn't identify himself, but the validation numbers he recited from his ticket matched the winner, they said.
Lori Montana, director of the Illinois Lottery, said the agency had not been contacted by anyone claiming to be the winner who purchased the Quick Pick ticket Monday at the Lake Zurich store.
Before a crowd of more than 100 at Sweeney's Lake Zurich store, Montana presented Sweeney with a symbolic, oversize check written out to Sweeney Oil Corp. for $1.81 million, his 1 percent commission for selling the ticket. Because of Michigan Lottery rules, the owner of the Michigan store won only $2,000.
Sweeney said he plans to use the bonanza to pay off some business bills, reinvest in the company, throw a party for the company's 185 employees and funnel some into his workers' year-end profit sharing.
He couldn't say how much money that would mean for his workers. But because only part of Sweeney's winnings would be spread among all his employees, it's unlikely any of them could retire on their portion.
'We don't expect it,' said Ginny Gallagher, assistant manager of the Lake Zurich store. 'But who would turn down money? I'm just glad we sold the winning ticket.'
Sweeney said he also plans to give some of the money to the Muscular Dystrophy Association, which Sweeney Oil raises money for at an annual golf outing. Last year, about $100,000 was raised.
A native of Chicago's Austin neighborhood whose grandfather started the business in 1912 selling coal in the city, Sweeney said he never gave much thought to what it would be like to sell one of the winning tickets.
Just after the Big Game drawing Tuesday night, Sweeney said, his mind was mostly on White Sox pitcher James Baldwin's shutout against the Boston Red Sox.
Jackpot Party Slot Machine Lake Zurich Geneva
'My son mentioned they had the drawing, but I was just glad that James Baldwin had won one for the White Sox,' said Sweeney, who lives in the south suburbs but declined to say which one.
Free slots for windows 7. It wasn't until Wednesday morning that he first got an inkling of the winning ticket purchase when his mother left a message on his home answering machine at 6:30, saying she heard on the radio that one ticket was sold at a Lake Zurich gas station.
Then his pager began beeping incessantly while he drove his 15-year-old son, Kevin, to high school. He had just dropped off Kevin and was still at the school when he was on the cell phone with his business associate at the Lake Zurich store, who told him the Illinois Lottery had just called to say one of the tickets was bought at his station.
'I told him to wait a second so I could tell Kevin,' said Sweeney, who also has two daughters in their 20s. 'I jumped out of the car and called, `Hey, Kev. We won.'
His wife, Eileen, who works for the United Airlines Foundation, found out at Los Angeles International Airport before a flight home when she spotted her husband on TV.
going to The Casino turns out to be only seldom as a Jackpot. And who wants to build a Casino in trouble, years later, still legally in trouble. Two Swiss companies need to know now painful. Recently, the Nevada District Court has issued a judgment against the two companies. The equivalent of over 30 million Swiss francs requested funds of the US investment Bank Morgan Stanley of the company.
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The case dates back a long time. With slot machines the Tivolino Holding made until the mid-1990s, in Switzerland, a fortune. Later, with the ban of the machine pivoted to the company and its founder Hans Jecklin on Casinos. In addition to Switzerland, the company also had foreign countries in mind: In Las Vegas, the Swiss built the Resort at Summerlin, which opened in the summer of 1990. It was a casino complex with Hotel and sports facilities. The project proved to be a Flop, around 100 million were placed in less than a year in the Sand.
Casino group sold
The U.S. Broke the beginning of the 2000s also had consequences in Switzerland. In order not to jeopardize the business and the name Swiss Casinos, sold Jecklin, the majority of the Swiss branch of his group to the Stäfner Hans-Ueli Rihs. Later, Rihs took over the entire stake – so is playing in the big game halls under the name of Swiss Casinos. With the US legal case, the current owners of Swiss Casinos have nothing to do.
The U.S. Department of justice, has attacked the two in Pfäffikon on lake Zurich-based company JPC Holding company (formerly known as Tivolino Holding known) and Swiss Leisure Group (former operator of the Swiss Casinos), but also Chairman of the Board, in Wollerau, resident Hans Jecklin.
company are not liable
The judge in the civil process in the Nevada District Court in your judgment, is this newspaper, to the conclusion that the two firms and Hans Jecklin can be made for the outstanding Millions of its former subsidiary company Seven Circle Gaming responsible. Is not responsible made additional defendants, including jecklin's wife. A limitation of the Case the court refused.
The Swiss is accused of the breach of the contract Move of the capital. Under these payments, a 10-million Transfer noted, went directly to the Bank account of the Jecklin. A part of this money he is said to have financed according to the judgment, the construction of a house in Switzerland. Jecklin's American defender stated that the money transfer was a private loan, later, they described the Transfer as a loan repayment from the Swiss Leisure Group to the UBS . https://pinkomg.netlify.app/casino-with-breakaway-slot-machine.html.
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This Argument let US judge not apply. The reasons for the Transfer had not arisen from a misunderstanding, is it in the judgment. Rather, it was a conscious effort to justify the transaction in such a way that future financial obligations to creditors have been avoided. In addition to the actual claims of more than 30 million Swiss francs, the Swiss Leisure Group, the JPC Holding and Hans Jecklin costs, also the court and attorney costs.
Many lawyers involved
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The legal costs are likely to be substantial, because the case is complex, lawyers are lining. Alone, the investment Bank Morgan Stanley, which lists more than a dozen lawyers who have worked in the USA with the case.
it is Questionable whether the judgment in Switzerland can at all be enforced. The enforcement would in this country be when a court is requested. 'This would consider the judgment on its Fairness, and the compatibility of the Swiss legal order', says Andreas Kellerhals, an expert in international economic law at the University of Zurich.
Samuel Baumgartner, also a Professor at the University of Zurich, refers in General to the fact that the enforceability of the judgment is also, therefore, complex, because both the today defendant companies, as well as Hans Jecklin have your business and residence in Switzerland. Because in this country would also be examined, whether the court in Nevada from a Swiss point of view, was internationally responsible.
as Long as the judgment, as in the present case is not in the US legally, it can be in Switzerland anyway, not to be enforced. Whether the attorneys of Morgan Stanley in Switzerland to make representations to, is open. You had a request of this newspaper remain unanswered.
Hans Jecklin and his Swiss lawyers would not comment on the ruling of the Nevada District Court.
(editing Tamedia)
Created: 29.04.2019, 22:02 PM