A 50-year-old man from Kerala’s Kozhikode struck gold when he won Rs 1 crore in a lottery just hours before selling his house to pay off his debt. Mohammed Bava, who is a painting worker in Manjeshwaram won a lottery prize through Kerala State Lotteries.
Bava was entrapped in a debt of Rs 50 lakh after the construction of his dream house of 2,000 square feet and the wedding of his two daughters. He had taken loans from banks and relatives and had also borrowed money to send his son Nizamudheen to Qatar, according to reports by Mathrubhumi.
Bava persisted with buying lottery tickets from an agency in Hosangadi, hoping to hit a jackpot as the last resort as none of his friends came to his aid during his precarious situation. The winning lottery ticket is reported to be bought from Amma Lottery Agency in Hosangadi.
Bava and his wife Annie have five children. Four daughters, out of which the eldest two have been married, and the other two are pursuing their studies in school, and a son. After falling into debt, Bava sought aid from family and friends but with no help forthcoming, he decided to sell his dream house, moving the family to a rented flat. His house in Kozhikode was valued at 40 Lakhs and a real estate broker came in with the token money to finalize the deal, but Bava caked out after winning the lottery.
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I wanted Rs 45 lakh for the house because we had a debt of Rs 45 lakh. But the broker and the party were haggling for Rs 40 lakh. For the past four months, we have all been under so much stress. We could not repay our debts as there was very little income, I have been buying lotteries for the past four months hoping luck will end my misery,” Bava was quoted by The New Indian Express.
His unbelievable turn of fortunes will see him bag around Rs 63 lakh after the deduction of taxes from his said one crore jackpot win.