Grandpa says it’s time to take a break.
The newly revealed winner of Powerball’s second-biggest jackpot prize of $1.765 billion remortgaged his modest home for $93,000 before his sudden fortune. . He created a trust with a heartwarming name after his late grandfather.
Theodorus “Theo” Struck, a 65-year-old native of Hawaii who now lives in California, was identified this week as the representative of the group that purchased the winning Powerball ticket for the Oct. 11 drawing.
The new millionaire has lived for years in a one-story home in California’s Frazier Park neighborhood, which he bought in 2010 with an $86,753 mortgage. This was revealed by the US Sun newspaper.he said, citing property documents.
In March 2015, Struck took out a second mortgage for $93,200, which he had to pay off in full by April 2035.
But lucky jackpot recipients no longer have to worry about mortgage deadlines.
According to records cited by the media, the title to Struck’s property in Karnes County was transferred to the Struck Theodorus B. TR Opa Can Rest Now Trust in January 2024. It was done.
“Opa” means “grandpa” in German.
Mr. Strzok is said to have a son in the U.S. Marine Corps stationed in San Diego, where the jackpot ticket was cashed, and several grandchildren.
“He loves his grandchildren,” neighbor Mary Dreier said. KGET. “He’s really fun to be around.”
Struck bought his winning ticket at the family-owned Midway Market, just 500 meters from his home in the mountains of Frazier Park.
Last week, a “No Trespassing” sign appeared on his property.
Strück’s jackpot was $28 million shy of Edwin Castro’s historic $2.04 billion lottery win in November 2022.
