Len Berman and Michael Riedel in the Morning

Len Berman and Michael Riedel in the Morning

Len Berman and Michael Riedel in the Morning.Full Bio

 

NY Powerball Winner Steps Forward

We're finally meet the New Yorker who won a huge Powerball jackpot last month. As you’ll recall, Iowan Lerynne West came forward a few weeks ago – and like Ms. West, Robert Bailey sought legal and financial counsel before revealing his fortune. His take of a $700-million fortune.

Bailey, a retired government worker who hails from Harlem, bought his winning ticket at a local deli – and also, like West, took the lump sum option of 198-million-dollars. After taxes, his bank account got stuffed with $125-million, 396-thousand, 690-dollars.

“You have to watch out for your safety, that’s the main thing,” Bailey said at a press conference. “With any type of money, and this type of money also.’’ That may be why he greeted the press sporting a beard and large, dark glasses. He also says he’ll still play – and to that end? He’s heading to Las Vegas.

Photo Credit: Getty Images

Source: USA Today


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