In an action for divorce and ancillary relief, the plaintiff wife appeals from so much of a judgment of the Supreme Court, Queens County (Hyman, J.), entered June 18, 1986, as determined that all proceeds of a winning New York State lottery ticket purchased by the defendant during the marriage belong to the defendant.
Our review of the prenuptial agreement at bar leads us to conclude that the trial court incorrectly construed the contractual provisions in issue. It is clear from the plain language of paragraphs one and two of the agreement that the parties fully intended to provide for an equal division of all joint property, and that joint property should include all property acquired during the marriage by either party.
The language and design of the prenuptial contract demonstrate that the parties intended to form a complete and simple agreement encompassing all of their property rights and liabilities in the event that the marriage should be terminated. With respect to paragraph three, certainly the parties could not have meant to waive the very rights which they had previously established in paragraphs one and two. The trial court’s determination that paragraph three was a "complete modification” of paragraphs one and two is illogical, and cannot be accepted by this court. The only reasonable construction of this provision is that, rather than paragraph three being a complete waiver of the rights established in paragraphs one and two, it is instead a waiver of all other property rights which might otherwise be conferred upon the parties by reason, inter alia, of their spousal status or some statutory authority. In other words, the provisions contained in paragraph three were actually intended to limit the parties’ property settlement to a distribution strictly in accordance with paragraphs one and two of the agreement, and to serve as a waiver by the parties of any property rights conferred upon them by other authority.
Thus, in accordance with the well settled rule of contract construction that an agreement should be interpreted to avoid inconsistencies and to give meaning to all of its terms and provisions (see, 22 NY Jur 2d, Contracts, §§ 221, 222; Browning-Ferris Indus. v County of Monroe,
