Lottery jackpot wipes out German pensioner's losses

Wed Oct 15, 2008 4:13am EDT
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BERLIN (Reuters Life!) - A German pensioner who lost half her life savings because of the financial crisis has cracked the national lottery's jackpot of more than 8 million euros ($10.9 million), a lottery spokeswoman said this week.

The 65-year-old from the state of Hesse said she rarely bothered to play, but had decided to try her luck out of frustration over the impact of the markets crisis on her financial situation, the spokeswoman said.

The mother of two planned to use the winnings to pay off her mortgage, top up her drained bank account and establish a decent pension fund, she added.

(Reporting by Josie Cox, editing by Paul Casciato)