10:05 am
Thu November 21, 2013

Medford Families Win Powerball Jackpot

In October 2005, Bob Chaney was retired and living with his wife, Francis, in Jacksonville. The Chaney’s daughter, Carolyn, and their son-in-law, Medford landscaper Steve West, were living in a modest Medford home.

 On Oct. 19, 2005, Steve West and Bob Chaney bought a $40 lottery ticket that hit the largest single-ticket Powerball jackpot in history: $340 million paid in installments. They decided on a lump-sum cash award of nearly $165 million and received $110 million after state and federal taxes. Early the next year, the Wests moved four miles away to a 6,400-square-foot home on six acres.  They also bought new cars, including a BMW convertible for him and a silver BMW for her. Bob Chaney’s first big purchase was a canary-yellow Hummer, and then a French country-style house just down the road from the Wests’ new home.  Fond of her friends at work, Carolyn West continued to work as a bookkeeper. And both families established substantial foundations ranking among the top 10 in Southern Oregon. They remembered where they had been and wanted to improve the lives of others.

   Sources: Lemon, Sarah. "Giving Back." Mail Tribune 31 May 2007 [Medford, Ore.] . Web. 19 Oct. 2013. 

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