SACRAMENTO - Antonio Velasquez, the $14 million lottery winner from Lake County, said Tuesday he has no plans to rush out and buy something with his newfound wealth.
"I have everything I wanted," Velasquez, a 69-year-old retired postmaster from the Lucerne area said at a media event in Sacramento. "God's been good to me for so long."
Velasquez, who goes by Tony, was all smiles Tuesday, displaying a facsimile check from the California Lottery and answering questions in a room with lottery officials and a few reporters.
The real check will arrive in four to six weeks, and Velasquez, who said he has talked with a financial planner, said he still doesn't know what to do with it.
The cash option for his $14 million SuperLotto Plus jackpot is about $10.3 million, from which the federal government takes 25 percent for taxes.
"They have to get their share," said Velasquez, who retired in 2003 on a pension for 22 years with the Postal Service combined with four years in the Marine Corps.
His ultimate tax obligation for 2012 could be more or less than 25 percent, depending on how Velasquez manages his money.
"Money doesn't buy you health; doesn't buy you (the) love of your family," said Velasquez, a slender man with close-cropped gray hair.
A month ago, he bought a new car, a 2013 Hyundai.
He was accompanied Tuesday by his daughter, Christine Diener of Redding, and son, Tony Velasquez Jr. of Lower Lake, who works for the Lake County Fire Protection District, and four other relatives.