A spokesman for the Putnam Avenue Family Trust says the donations, announced Sunday, are the first of many they expect to make using lottery winnings they claimed Nov. 28.
The trust created by Greg Skidmore, Brandon Lacoff and Tim Davidson took in a $103.5 million lump sum after taxes. They say they hope the trust's donations will become an example for other lottery winners.
Greg Skidmore, Brandon Lacoff and Tim Davidson created the Putnam Avenue Family Trust after scoring the windfall on a $1 ticket bought at a gas station. They claimed $104 million in a lump sum after taxes.
Five organizations -- the Bob Woodruff Foundation, Building Homes for Heroes, Services for the Under Served, Operation First Response and the Intrepid Fallen Heroes Fund -- which will each receive $200,000, according to WTNH.
"These grant awards reflect the beginning of a process that allows us to leverage lottery winnings into materially helping our society," the trio said in a statement.
Reports that the three men -- all colleagues at Belpointe Asset Management in Greenwich, Conn. -- had won the jackpot sparked an immediate controversy, with some claiming they had collected the winnings on behalf of an anonymous wealthy client.
A spokesperson for the men denied the story and said they would give much of their windfall to charity.
Connecticut's Department of Consumer Protection, which oversees the lottery operation, has said it believes the rules were followed.
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