Black Lottery Winner Invests Winnings Into Rebuilding Fla. Black Business Community

Monday, November 13, 2017

November 13, 2017 - After winning millions in a lottery jackpot, a Florida man has decided to use his money to revive a district once known for thriving black businesses. “This commitment that I feel, that I have to go to that community and put my money where my mouth is,” explained Miguel Pilgram.

According to Black Enterprise, in 2010, Pilgram, a Memphis, Tenn., native, won $52 million in the lottery and began investing his money, building a real estate empire. Now, the millionaire has taken on his most ambitious project yet—rebuilding the Sistrunk Boulevard area of Fort Lauderdale, Fla., restoring the area that was once a center for black business to its former glory. Visit www.theroot.com for full article.

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