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Piqua lottery winners unveiled to cheers, tears of joy

Topic closed. 29 replies. Last post 11 months ago by RJOh.

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Posted: December 19, 2008, 1:30 am - IP Logged

Congrats to the group! Hopefully all of them will do exactly what my uncle in NJ did 5 years ago when he won the lottery. His after-tax check was for $6.7 million, and put away $5 million in low risk CDs @ 4% - 5%, and used the remaining $1.7 million to help relatives with mortgages and other bills.  He is currently collecting around $220k a year from the CDs (or slightly more than $18k a month). He told me recently that he has more than enough money each month despite owning 3 cars and two homes. 

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Posted: December 19, 2008, 1:32 pm - IP Logged

Congrats to the group! Hopefully all of them will do exactly what my uncle in NJ did 5 years ago when he won the lottery. His after-tax check was for $6.7 million, and put away $5 million in low risk CDs @ 4% - 5%, and used the remaining $1.7 million to help relatives with mortgages and other bills.  He is currently collecting around $220k a year from the CDs (or slightly more than $18k a month). He told me recently that he has more than enough money each month despite owning 3 cars and two homes. 

Hi Naijaman!

Thanks for sharing that!

Your uncle is making it work for him and that's great!

wizeguy's avatar - animaniacs04
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Posted: December 19, 2008, 1:34 pm - IP Logged

Congrats to the lucky winners!

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Posted: December 19, 2008, 1:41 pm - IP Logged

Congratulations to the winners!

 

They should have remained anonymous, since Ohio allows winners to remain anonymous through a trust.  However, it is usually difficult for a group of winners to remain anonymous.  That is why I buy lottery tickets alone, and I will wait until I travel to a state that allows winners to remain ANONYMOUS!

Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

"You'll lose a lot of money by chasing women, but you'll never lose a lot of women by chasing money." - Chris Rock in the movie "I Think I Love My Wife" (2007)

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Posted: December 19, 2008, 8:03 pm - IP Logged

Congrats to the group! Hopefully all of them will do exactly what my uncle in NJ did 5 years ago when he won the lottery. His after-tax check was for $6.7 million, and put away $5 million in low risk CDs @ 4% - 5%, and used the remaining $1.7 million to help relatives with mortgages and other bills.  He is currently collecting around $220k a year from the CDs (or slightly more than $18k a month). He told me recently that he has more than enough money each month despite owning 3 cars and two homes. 

Definitely a good plan!

What a great time for a win, right before the holidays Big Grin Santa

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Posted: December 19, 2008, 11:17 pm - IP Logged

I am happy for them and I do hope that invest the money well for their futures. I still don't understand why they must go public - to me, that seems like total madness. US state laws should changed to allow lottery winners the right to anonymity. That is the case here in NSW, and it works well. We have one of the best run lotteries in the world and winners are not badgered by the media for "friends".

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Posted: December 20, 2008, 6:07 pm - IP Logged

I don't understand why US lotteries require winners to go public - that's crazy. Here in NSW, winners have a right to anonymity and most choose it, it is very rare for winners to go public. The NSW lottery is one of the best run lotteries in the world, the Yanks could learn from Australia.

RJOh's avatar - chipmunk
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Posted: December 20, 2008, 6:51 pm - IP Logged

I don't understand why US lotteries require winners to go public - that's crazy. Here in NSW, winners have a right to anonymity and most choose it, it is very rare for winners to go public. The NSW lottery is one of the best run lotteries in the world, the Yanks could learn from Australia.

Lottery winners in Ohio have claimed their winnings anonymously before by creating a trust.  These winners probably didn't feel the need to do so since family and friends knew who they were.  After the jackpot is divided among them and each share their potion with their family, they probably won't have enough left to attract the many con artists who's hoping to get rich.   

* What happens most *
 * will most likely happen again *

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Posted: December 21, 2008, 12:41 am - IP Logged

Lottery winners in Ohio have claimed their winnings anonymously before by creating a trust.  These winners probably didn't feel the need to do so since family and friends knew who they were.  After the jackpot is divided among them and each share their potion with their family, they probably won't have enough left to attract the many con artists who's hoping to get rich.   

They might have been in a hurry and didn't want to set up a trust. I could understand why. They were all probably really excited about the win.

"No one remembers the person who almost climbed the mountain, only the person who eventually gets to the top."
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KY Floyd's avatar - ysxqgbmxfua5f51qpjc
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Posted: December 21, 2008, 1:47 am - IP Logged

They can still set up individual trusts (some of them may already have done so) for the financial benefits, but claiming anonymously would have been mostly meaningless in this case. When a ticket for $146 million is sold in a town of 20,000 and most of the town highway department  quits within a month, how much of a secret is it going to be?

ThatScaryChick's avatar - mysimselfld0
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Posted: December 21, 2008, 1:53 am - IP Logged

They can still set up individual trusts (some of them may already have done so) for the financial benefits, but claiming anonymously would have been mostly meaningless in this case. When a ticket for $146 million is sold in a town of 20,000 and most of the town highway department  quits within a month, how much of a secret is it going to be?

Lol, that's true. It wouldn't have stayed a secret for long.

"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: December 21, 2008, 6:50 am - IP Logged

Lol, that's true. It wouldn't have stayed a secret for long.

HAPPY SUNDAY...12/21.....

.............................May I also offer my sincerest congrats to the winners.......they played they deserve to win.......my only question is......Whats with "OHIO".....3 Jackpots in one year??...And on qik pik...I live between Maryland, Washington and Virginia........we never win Jackpots like that....if we win PB or MegaMillion Jackpots it' s   thru our personal numbers......;...) and thats as Rare as a Blue Moon in those states..........What is ist about OHIO, PA, and INDIANA....??.....

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Posted: December 21, 2008, 8:21 am - IP Logged

HAPPY SUNDAY...12/21.....

.............................May I also offer my sincerest congrats to the winners.......they played they deserve to win.......my only question is......Whats with "OHIO".....3 Jackpots in one year??...And on qik pik...I live between Maryland, Washington and Virginia........we never win Jackpots like that....if we win PB or MegaMillion Jackpots it' s   thru our personal numbers......;...) and thats as Rare as a Blue Moon in those states..........What is ist about OHIO, PA, and INDIANA....??.....

Surprisingly California, Texas & New York, (the 3 largest states and 80 Million in population out of the 158 million in the mega states) have only shared 1.5 jackpots with California not getting one this year. 

"Everybody has to believe in something...I believe I'll have another beer!"   = W.C.Fields                      

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Posted: December 21, 2008, 10:53 am - IP Logged

Michigan had three also, as did Georgia. But Ohio and Georgia's total JPs were a lot bigger when you add up the amounts.

With odds like 1 in 175,711,536 how can I lose?!

You can't predict random.

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Posted: December 21, 2008, 11:44 am - IP Logged

Surprisingly California, Texas & New York, (the 3 largest states and 80 Million in population out of the 158 million in the mega states) have only shared 1.5 jackpots with California not getting one this year. 

MegaMillion winners, regardless of where they live, probably don't think of their wins as their state winning.  They are thinking they've played the game long enough and spent enough that it's their time to win or be lucky.

That's what I like about these types of games over scratch-off or raffle type of games.  There's no plans to spread the wealth around so anyone can win if they have the right combination regardless of where the last winner lived.

* What happens most *
 * will most likely happen again *

 
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