Taunton woman wins 'Waves of Cash' in Mass Lottery. What will she do with the money?

Source: Taunton Daily Gazette

Here's the game the Taunton winner played, where she purchased the ticket and what she'll do with the money.

Illustration for the news article

TAUNTON — Cristiane Freitas is the latest Taunton resident to win big in the state lottery.Freitas won a $1 million dollar grand prize as part of the state lottery's "Waves of Cash" game. She purchased the winning ticket at Canaan Fuels, a gas station in Taunton located at 53 Court Street.Freitas received a cash payment of $650,000 before taxes because she chose to withdraw the money immediately, rather than receive annual payments.Freitas "plans on investing her winnings," according to a Massachusetts Lottery press release.If Freitas had chosen to receive her winnings in annual payments, she would have received 20 payments of $50,000 each.Another Taunton big winnerTaunton man wins first $1 million prize in new Lottery game. What he'll spend it onFreitas will have to pay taxes on her $650,000 payout, so the amount of money she will actually receive will be significantly lower.Waves of Cash is a $5 instant ticket game, according to the Mass Lottery. The odds of winning $1 million — the top prize — are 1 in 3,360,000.