He Picked Up a Lucky Penny In a Parking Lot. Moments Later, He Won $1 Million in the Lottery. Tim Clougherty was in for a surprise when he scratched off his $10,000-a-month winning lottery ticket.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

If you find a coin on the ground heads up, it's long been considered good luck.

And for one Virginia man who found a lucky penny and then used it to scratch off a winning lottery ticket, it looks like the adage might be true.

Tim Clougherty of Accomack County, Virginia, purchased a lottery ticket on April 29, 2024, that offered the prize of $10,000 a month for 10 years when he noticed a penny in the parking lot of the Mini Mart.

Related: Virginia Woman Hits $1 Million Lottery Jackpot — Her Second Win That Week: 'I'm in Shock'

When he arrived back home, Clougherty used the penny to scratch off the numbers on the ticket. When he did, he won the grand prize.

"It took a week to really start sinking in," Clougherty told lottery officials, per the Virginia lottery.

Instead of choosing the monthly payout, he took a lump sum in cash, which amounted to $1,028,000 before taxes.

The $10,000-a-month game first hit stands on January 2 and costs each player $20 per ticket to buy.

According to the Virginia lottery, the odds of winning the game's top prize is 1 in 612,000, with two of the top prizes still remaining.

Last year, a Virginia woman hit the $1 million jackpot lottery for the jackpot after already winning a $500,000 online prize earlier in the same week.

Related: 'I Am Blessed': Woman Finds $100,000 Forgotten Powerball Ticket While 'Going Through Papers'

"I'm in shock!" Jennifer Minton told lottery officials about the win last November. "I'm in disbelief!"

The Virginia Lottery raised an estimated $867 million last year, all of which went to K-12 education in the state.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Science & Technology

Build a Profitable One-Person Business That Runs Itself — with These 7 AI Tools

Discover seven tools to automate content, leads and sales so you scale solo.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

The Fastest-Growing Startup Ever Just Surpassed $500 Million in Annual Revenue. Here's Why It Keeps Growing, According to Its CEO.

Anysphere is the startup behind Cursor, a popular AI coding assistant now used by more than half of Fortune 500 companies.

Growing a Business

I've Built 22 Companies in 89 Countries — Here's Why a Clear Mission Is the Ultimate Growth Hack

A mission statement is the foundation of a company and should be developed before a business ever accepts a transaction.

Growing a Business

5 Steps to Negotiate Confidently With Tough Clients

Negotiation should never be a battle. Follow these steps to shift your mindset and negotiate with confidence.