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Financial advisor wins the lottery

May 10, 2011, 8:41 am

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Hot Lotto

Wins $9.1M jackpot three months after buying "how to win" book

Includes video report

A Webster City, Iowa, man today claimed a $9 million prize from Saturday night's Hot Lotto drawing, one of the biggest prizes ever awarded in the history of the Iowa Lottery.

Larry Dawson, 58, and his wife, Kathy, were surrounded by their four grown children, their spouses and 10 grandchildren during a news conference at Iowa Lottery headquarters in Des Moines.

"I am a little guy, but I am a big dreamer," Dawnson told reporters when asked about his plans for spending the money. He is the longtime owner of a financial services business in Webster City and he mostly plans to use the prize money to expand his firm, he said.

Dawson's nickname is "Lucky Larry," according to his wife, because of his ability on the golf course to transform bad shots into good shots, such as hitting a tree and having a golf ball bounce back onto the fairway. He and his wife started playing Hot Lotto about three months ago after reading a book that claimed to have the secrets to winning the lottery. He followed the recommendations, which included buying 19 plays for each drawing to cover all the Hot Ball options.

But he said he was beginning to doubt the book's advice just before he won.

"We were just getting to the point where I said, "You know, this just isn't worth it. I don't think I am going to do this anymore. But we played one more time and...it's kind of nice," he said.

Dawson's $9.09 million prize was the 12th-largest ever awarded in the 26-year history of the Iowa Lottery, said Iowa Lottery Vice President Mary Neubauer. His ticket was purchased at Doc's Stop convenience store in Webster City.

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