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Petition for True Lottery DrawingsMegaplier Petition

Lottery winner demonstrates the right way to claim a big jackpot

Topic closed. 87 replies. Last post 2 years ago by DC81.

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chasingadream's avatar - Archangel 01
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Posted: March 20, 2008, 8:59 pm - IP Logged

but it could be a guy in drag ......that would really throw everyone off

Lmao!!!! very funny and i thought the same thing.

I can honestly say that I would have taken the same approach they have taken. I am so glad to see someone finally take time and get all ducks in a row b4 takin a dive into the "money ocean".

I was thinkin about driving up to Illinois to play my Mega Millions numbers but decided against it after learning that you have to do the press conference. So I went to Ohio instead. I have been waiting to see how this person would be treated and how the media would pick up on the story and its been reletivley low key.  i think I will be going back to Illinois. i need a state that has more than 10 advance draws....lol I would go to Michigan but thats an 8hr drive from here and that would turn into a weekend type ordeal and I just wanna go, get the tkt, come back home. I'm very happy for the winners though

congrats........

Oogle  waiting patiently for my jackpot

Raven62's avatar - binary
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Posted: March 20, 2008, 9:02 pm - IP Logged

Were they really that smart?

$80,000,000 minus 25 per cent for Tax=$60,000,000

Invested at 3 per cent yields: $1,800,000 per year!

So waiting 3 months to claim the prize money cost: $450,000

A mind once stretched by a new idea never returns to its original dimensions!

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Posted: March 20, 2008, 9:19 pm - IP Logged

Sorry Im not taking 3 months to claim my money.  Im so poor I could use that NOW.  If I ever won Id be at the headquarters the next day. If you dont know how to manage money like that on your own, you dont deserve it IMO.

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Posted: March 20, 2008, 9:21 pm - IP Logged

Were they really that smart?

$80,000,000 minus 25 per cent for Tax=$60,000,000

Invested at 3 per cent yields: $1,800,000 per year!

So waiting 3 months to claim the prize money cost: $450,000

Not true.  The money earns interest if you wait to claim it.  They lost nothing by waiting.

JustFrozen's avatar - scenery water mountains
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Posted: March 20, 2008, 9:34 pm - IP Logged

I'm not waiting 3 months, what if something happens the last week or two and you can't make it in time

gocart1's avatar - lighthouse
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Posted: March 20, 2008, 10:17 pm - IP Logged

Not true.  The money earns interest if you wait to claim it.  They lost nothing by waiting.

I wasn't aware of that Destined .thanks for that information.

spy153's avatar - maren
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Posted: March 20, 2008, 10:49 pm - IP Logged

WTG lady!  Wish you the best!

And I am a professional of desguises.  No.  She isn't disguised.

"By and by God caught his eye." David McCord
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"The vote, I thought, means nothing to women. We should be armed."  Edna O'Brien
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"If you can count your money, you don't have a billion dollars." J. Paul Getty
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KyMystikal's avatar - johnson car GI
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Posted: March 21, 2008, 12:04 am - IP Logged

Original Post by ConstantlyB

Now I feel like she's an LP FAMILY MEMBER if she's not a member she is indeed the spouse of a member. She has exhibited some strong LP family member traits ya'll.

I Agree! I thought the same thing when I read the article.

I love doubles and remember, it's just a game!!!!!!

ThatScaryChick's avatar - mysimselfld0
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Posted: March 21, 2008, 12:32 am - IP Logged

I am also one of those who would try to get things together, but I would also not wait 3 months to do it.

"No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."
ThatScaryChick

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Posted: March 21, 2008, 2:28 am - IP Logged

So much for Illinois not being an anonymous state!

It's Lotto, not horseshoes or artillery!
Close doesn't count!

I sell everything at a loss but make up for it in volume
- Milo Minderbinder, Catch-22

There are two kinds of jackpot winners...the ones who remained anonymous and the ones that wish they had.



OldSchoolPa's avatar - Lottery 012
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Posted: March 21, 2008, 5:35 am - IP Logged

Sorry Im not taking 3 months to claim my money.  Im so poor I could use that NOW.  If I ever won Id be at the headquarters the next day. If you dont know how to manage money like that on your own, you dont deserve it IMO.

Actually it is a misconception that wealthy people manage their money on their own.  Most all truly wealthy people...people who run businesses, long time successful celebrities and athletes, entreprenuers, and inventors utilize a team of advisors that include lawyers (for the specialized areas of need), financial and estate advisors, CPAs, and business advisors to help them make sound decisions with regards to their wealth.  The do it yourself fad that swept over us in the 90s largely was taken up just by the middle class, which might explain why the middle class is worse off today than a decade ago despite the run ups in both the stock and real estate market.  So just say no to all those "do it yourself" investment company commercials.  So it is not a bad reflection on a person if they have a competent and trustworthy team of advisors helping them out.  On the contrary, I believe it is a person with poor judgement who thinks they can handle every aspect of managing their wealth WITHOUT the aid of legal, financial, tax, and business experts.  You say that you are poor now...hmmm, take a look at the people with which you surround yourself...take their incomes and divide it by the number of people involved to arrive at an average.  If the average income is just about where you are now, I highly recommend that you change your circle of friends...IMMEDIATELY!!!  It is true that the company you keep has a direct reflection on you...and how successful (or not) you will be in the future.

Forget the formulas...you only win when you're lucky! I'm one lucky mofo...NOW give me MONEY!Bed

OldSchoolPa's avatar - Lottery 012
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Posted: March 21, 2008, 5:41 am - IP Logged

Lmao!!!! very funny and i thought the same thing.

I can honestly say that I would have taken the same approach they have taken. I am so glad to see someone finally take time and get all ducks in a row b4 takin a dive into the "money ocean".

I was thinkin about driving up to Illinois to play my Mega Millions numbers but decided against it after learning that you have to do the press conference. So I went to Ohio instead. I have been waiting to see how this person would be treated and how the media would pick up on the story and its been reletivley low key.  i think I will be going back to Illinois. i need a state that has more than 10 advance draws....lol I would go to Michigan but thats an 8hr drive from here and that would turn into a weekend type ordeal and I just wanna go, get the tkt, come back home. I'm very happy for the winners though

congrats........

FYI:  You can purchase up to 15 advance draws in Illinois.  The only place I know of that is much better than that is Virginia.  I don't know about Michigan, but I don't make the drive to MI unless I have some other business to do in that state, so I prefer to just play locally here in IL for MM.  Yes I know you can claim the prize anonymously in MI, but I would handle it just like the lady did in this case...disguise included!

Forget the formulas...you only win when you're lucky! I'm one lucky mofo...NOW give me MONEY!Bed

OldSchoolPa's avatar - Lottery 012
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Posted: March 21, 2008, 5:49 am - IP Logged

I wonder if they took 1/3 of her winnings.

No, I don't think that was the case.  That only typically happens in the area of lawsuits because of the amount of work that has to be done to be successful in court, and the likelihood that they may not win or get the judgement amount they were seeking.  When it comes to using lawyers for business, tax, estate, and patent planning, you can hire them by the hour.  Just be sure to review and endorse the compensation contract beforehand...after all, you are dealing with lawyers.  But on the real, don't be penny wise and pound foolish by trying to do without such expert advice...this lady is indeed pound wise by not pinching pennies to do without expert advice.  I don't think we are going to be reading about her in the same light we have with Jack Whitacker, Bud Post, David Edwards, etc.  See living in the Land of Lincoln is grand!

Forget the formulas...you only win when you're lucky! I'm one lucky mofo...NOW give me MONEY!Bed

reddog's avatar - sam
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Posted: March 21, 2008, 8:50 am - IP Logged

Not true.  The money earns interest if you wait to claim it.  They lost nothing by waiting.

Where does it state that at?  I'm sure it is collecting interest while sitting in the bank but where does it say that the winner also gets accured interest from it?

Trained2beRich's avatar - home
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Posted: March 21, 2008, 9:13 am - IP Logged

it may have cost them 450k in short term but think of how much they saved with potiential frivilous lawsuits and the peace of mind that comes with anonymity.

 
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