Chubbdog Millionaires: 10 Insurance IT Employees Hit the Jackpot

By Andrew G. Simpson | March 5, 2009

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The people at Chubb Insurance Group’s personal lines insurance unit, which serves people with above-average needs, have 10 new prospects right outside their window.

Ten employees in the IT department of Chubb Commercial Insurance, in the building next to the personal lines group, could use some extra protection now that they have hit the jackpot.

The 10 technology workers are sharing in the winnings on a multi-state Mega Millions lottery ticket worth $216 million. The winners should get about $8.1 million a year, before taxes, to share for the next 26 years from their lucky purchase.

Nine of the 10 winners spoke with the press during a meeting yesterday at the Whitehouse Station, New Jersey building where they work.

According to Chubb spokesman Mark Schussel, the winners include the chief information officer, programmers and administrative staffers — a group of employees who have gone in together to purchase Mega Millions tickets for years.

“We’re happy for them,” Schussel said on behalf of Chubb.

The person who usually buys the ticket for the group was away this week at a conference so another bought the ticket at a gas station in Toms River.

Apparently no actuaries were consulted in the number selection; the group said their picks were random. The winning numbers were: 26, 32, 35, 43, 52 and 10.

Twelve states participate in the Mega Millions lottery: California, Georgia, Illinois, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Texas, Virginia and Washington. Drawings are held Tuesdays and Fridays.

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Latest Comments

  • March 10, 2009 at 7:55 am
    Congratulations says:
    Why do comments posted to almost any article on any online news journal turn negative?! Get a grip! Congratulations to the winners. I'm happy for you -- and a bit jeal... read more
  • March 6, 2009 at 3:09 am
    CASH Only says:
    To the person writing the story: Mega Millions has a LUMP-SUM option. Almost all MM jackpot winners choose cash. Many financial experts are predicting high inflation in the ne... read more
  • March 6, 2009 at 11:34 am
    LOL says:
    Guys I'm just playing around now...I didn't know there was a correction made until the mathman mentioned it this morning. And he's right, there were two separate articles. H... read more
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