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LOTTERY WINNER’S FOUNDATION

January 5, 2006, 12:18 pm

Hugh Hawkins, the winner of the largest lottery ever paid out in Iowa, said he and his wife plan to use some of their winnings to establish a foundation to make grants that will support start-up nonprofit organizations, reports the Associated Press. Mr. Hawkins’s personal debts led him to file for bankruptcy protection last May. He chose on Tuesday to accept the one-time lump payment of $54.7-million from lottery officials, half of the $113.2-million Powerball jackpot winnings for December 14.

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