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MIDLAND STATES LIFE INSURANCE CO. v. CARDILLO

Nos. 00-P-709 & 01-P-1830.

59 Mass. App. Ct. 531 (2003)

MIDLAND STATES LIFE INSURANCE CO. v. JOSEPH P. CARDILLO & another (and a companion case).

Appeals Court of Massachusetts, Suffolk, Norfolk.

October 9, 2003.

Attorney(s) appearing for the Case

Peter C. Kober, Frederick L. Trilling & Herbert Lemelman for the plaintiff.

Rosemary Connolly, Assistant Attorney General, for the Massachusetts State Lottery Commission.

Present: PERRETTA, BECK, & RAPOZA, JJ.

BECK, J.

In 1997, two unrelated previous winners of the Massachusetts Lottery Commission's "Megabucks" game obtained lump sum payments from two Colorado corporations. In exchange, the winners pledged to the corporations a certain portion of their future annual prize money distributions. The plaintiff, Midland States Life Insurance Co. (Midland), is the present holder of the "promissory note[s]" reflecting these transactions...

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