New Jersey Lotto winner hopes to gain child custody of his kids | Lane & Lane, LLC
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New Jersey Lotto winner hopes to gain child custody of his kids

Many of our New Jersey readers may now be quite familiar with the name of Pedro Quezada, the man who recently hit the $338 million Powerball jackpot. In addition to fame over his new fortune, the man also received some attention over the fact he owed nearly $30,000 in child support to the mother of three of his five children. Ultimately, however, Quezada took care of the past due support at a court appearance, and claimed that he would be gaining child custody of his children as well.

This change in circumstances makes it seem logical that a new child custody arrangement may be worked out. Quezada is expected to receive approximately $152 million in a lump sum payout once taxes are deducted from his earnings--along with the $30,000 child support payment, of course. The family law judge reminded the lucky lottery winner that people might be hitting him up for investment opportunities due to his new-found wealth; but that his children are the most valuable resource he can invest in going forward.

Quezada seemed to agree with this sentiment expressed by the judge. A representative for the man indicated that he has big plans for the future:  for his children, for himself, and for the community at large. It seems clear that he will now be able to provide for his children in a manner that would have been impossible for him when he was a simple bodega worker in Passaic, New Jersey.

Should it prove true that Quezada does assume child custody over his children, he will also be able to seek a child support modification in court. This will change the amount of monthly support he is required to pay, which is usually based upon which parent has the children and how much they can afford on a monthly basis. New Jersey residents dealing with their own child custody and child support issues are often able to seek a support modification if they can show a change in circumstances.

 

Source: Valley News, "N.J. Powerball Winner Pays $30K in Back Child Support," Monsy Alvarado and John Petrick, April 2, 2013

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