USA United States
Member #1,265
March 13, 2003
9,087 Posts
Offline
Ever Since this infamous thread ran it's course and fizzled out Chewie has went AWOL.
I wonder if all the Chewie bashing scared him off or if Todd kicked him out?
I've missed him too and hope he comes back soon. He has some very down to earth observations that cut through PC really well which doesn't set well with some. BTDT
South Fort Myers United States
Member #26,834
November 23, 2005
454 Posts
Offline
Holy Smokes Bat Man!
What a topic - what amazes me as I did read thru EVERY single post... is the name calling going on. LOL and then one of the folks who was doing it actually had the balls to accuse someone else of doing it!
I feel for the fella who started this thread... I could only imagine his paranoia (sp?) while he was shrinking in the corner reading each post.
Just a reminder: forum threads are grabbed by search engines... hope this doesn't hurt Todd's membership signups.
Cheerio.......
Zoozie
"Whatever the mind can conceive and believe, it can achieve" Napoleon Hill
Pennsylvania United States
Member #1,340
April 6, 2003
2,583 Posts
Offline
If you do win the Powerball jackpot, of course you will need to leave town after claiming the prize. Does the lottery give you some of the money up front (So you can leave town and rent a hotel room) or do you have to wait until later on to receive any of it. I read about a Wisconsin PB winner (Peter Bapes) who won it earlier this year and the website said that he would receive the wire transfer within 10 business days.
But what if.....
Someone, such as a greedy family member or relative , interferes with the wire transfer and tells the lottery to give your prize money to THEM instead of you. There have been times when someone wins and people try to sue the lottery winner even before they get the money. How do you know that someone won't convince the lottery to give them the money instead when it should be for you. You never know...... maybe it's better to go somewhere where you can be anonymous.
***grabbing wheel and trying to steer the thread back on topic***
Rundown99: I have no definite proof that an advance is given, I believe that the actual practice of the MUSL (IF Choosing ANNUITY) is to pay 30 payments over 29 years... that first one being given right away (well, as soon as the ticket is validated-I have read that this can take as much as 8 weeks in PA)
as to your what if?
the ticket is a bearer document, the lottery will award the prize to whoever turns in the ticket... which is why you should sign your ticket immediately after discovering a win. a family member or relative cannot interfere with a wire transfer, but they CAN sue you and the result will most likely be the prize sitting in limbo until the disputes are settled (that's not paranoia, this has happened MANY times, mostly divorce cases). part of the validation process is the check to see if any court judgements are against you (such as back taxes and unpaid child support) they will be deducted but will not interfere with the wire transfer of the balance.
I disagree with travelling to an anonymous state, because you will be hit HARD with unneeded taxes. one for the state of the win (because you won't be a resident) and one for your home state (even if they offer tax-free to residents... that only applies to playing in-state, like here in PA)
I have formulated a new plan, using a trust... form a trust and claim it myself as a trustee... you do NOT have to be an attorney to be a trustee, and I can use a press cover story that the family wishes to remain anonymous and if they force a camera in my face, I will offer the service to other winners.
here are the good points:
1. no need to trust an attorney to claim your prize for you... just show up with the wire transfer info in place. (now there is no weak link or wildcard in the system)
2. insulate the prize from frivelous lawsuits because it is shielded by the trust.
3. create reasonable doubt in the mind of the public as to the identity of the winner with the cover story that you provide this "service" and the "family" is your first client. (a cover website would be a nice touch and I would do that before claiming so nobody gets wise)
I will provide the IRS with the right s.s.n. and the MUSL with wire transfer data, so everything is legit.
they could give me a hard time about it, and then if forced to go public, I would ask in front of all those cameras why the lottery winners in Pennsylvania must be put at risk but they protect the identities of sex offenders... I think they will play along... I HOPE to someday be in that position.
Dolce, Illinois United States
Member #26,461
November 18, 2005
50 Posts
Offline
I've often wondered why the lottery doesn't form some sort of central group which can help people handle the process. It's as if they wash their hands with you if you win. You'd think it would be good PR to have some mechanism to advise folks and help them out.
The average Joe or Jane who win, and not just the big jackpots, will need help to handle it. And the rules which require you go public with a win are silly. If you want to, fine, go ahead. But, I believe most folks would prefer to remain unknown.
Many winners panic when they win, for fear of doing the wrong thing. Who can you trust? Most don't have lawyers and on staff financial advisors. Yet, the lottery people offer little, if any aid or assistance. Just hold up this big check, and your on your own.
Ole' Jack Whittaker is a good case in point. I can't see how his example, other than showing all of us what not to do, can be of any benefit to those who run the lottery.
I recall reading a few years back about a winner in, I think, Illinois, who freaked out when he won. He was afraid to move, let alone turn in his ticket. He finally called the local cops, who had the state police come to his house and drive him to the lottery office. After that, he left the state.
Maybe the lottery could attempt to do something to help people out. Putting info, in English, on their websites would be a good start.
USA United States
Member #1,265
March 13, 2003
9,087 Posts
Offline
When you're in an "official capacity" to help there is always attendant liability if someone takes someone's advice and has a disastrous outcome from having done so. That's why the lottery's job is complete when they deliver the money, and leave it up to the recipient to seek out assistance if they believe they need it.
United States
Member #3,654
February 9, 2004
70 Posts
Offline
I've often wondered why the lottery doesn't form some sort of central group which can help people handle the process. It's as if they wash their hands with you if you win. You'd think it would be good PR to have some mechanism to advise folks and help them out.
The average Joe or Jane who win, and not just the big jackpots, will need help to handle it. And the rules which require you go public with a win are silly. If you want to, fine, go ahead. But, I believe most folks would prefer to remain unknown.
Many winners panic when they win, for fear of doing the wrong thing. Who can you trust? Most don't have lawyers and on staff financial advisors. Yet, the lottery people offer little, if any aid or assistance. Just hold up this big check, and your on your own.
Ole' Jack Whittaker is a good case in point. I can't see how his example, other than showing all of us what not to do, can be of any benefit to those who run the lottery.
I recall reading a few years back about a winner in, I think, Illinois, who freaked out when he won. He was afraid to move, let alone turn in his ticket. He finally called the local cops, who had the state police come to his house and drive him to the lottery office. After that, he left the state.
Maybe the lottery could attempt to do something to help people out. Putting info, in English, on their websites would be a good start.
Generally, people who aren't smart enought to handle a big lottery win aren't smart enough to realize they need help handling a big lottery win. You can't force people to take financial advice.
Sparta, NJ United States
Member #18,330
July 9, 2005
1,977 Posts
Offline
Ever Since this infamous thread ran it's course and fizzled out Chewie has went AWOL.
I wonder if all the Chewie bashing scared him off or if Todd kicked him out?
I've missed him too and hope he comes back soon. He has some very down to earth observations that cut through PC really well which doesn't set well with some. BTDT
I haven't gone any where. I have been quite busy since before Thanksgiving. Besides, I had said my peice, and stated so. Sometimes it fun watching Christians be Christians.
USA United States
Member #1,265
March 13, 2003
9,087 Posts
Offline
Ever Since this infamous thread ran it's course and fizzled out Chewie has went AWOL.
I wonder if all the Chewie bashing scared him off or if Todd kicked him out?
I've missed him too and hope he comes back soon. He has some very down to earth observations that cut through PC really well which doesn't set well with some. BTDT
I haven't gone any where. I have been quite busy since before Thanksgiving. Besides, I had said my peice, and stated so. Sometimes it fun watching Christians be Christians.
Darlington, S.C. United States
Member #3,691
February 12, 2004
133 Posts
Offline
I've often wondered why the lottery doesn't form some sort of central group which can help people handle the process. It's as if they wash their hands with you if you win. You'd think it would be good PR to have some mechanism to advise folks and help them out.
The average Joe or Jane who win, and not just the big jackpots, will need help to handle it. And the rules which require you go public with a win are silly. If you want to, fine, go ahead. But, I believe most folks would prefer to remain unknown.
Many winners panic when they win, for fear of doing the wrong thing. Who can you trust? Most don't have lawyers and on staff financial advisors. Yet, the lottery people offer little, if any aid or assistance. Just hold up this big check, and your on your own.
Ole' Jack Whittaker is a good case in point. I can't see how his example, other than showing all of us what not to do, can be of any benefit to those who run the lottery.
I recall reading a few years back about a winner in, I think, Illinois, who freaked out when he won. He was afraid to move, let alone turn in his ticket. He finally called the local cops, who had the state police come to his house and drive him to the lottery office. After that, he left the state.
Maybe the lottery could attempt to do something to help people out. Putting info, in English, on their websites would be a good start.
Generally, people who aren't smart enought to handle a big lottery win aren't smart enough to realize they need help handling a big lottery win. You can't force people to take financial advice.
Fwup-
You are so right. What we need are some more lottery rules & regulations. I think everyone who wins a major jackpot must take a IQ test. People with below average intelligence should not be eligible to receive their money.
I also think these winners need to be checked out by the FBI to make sure they aren't sleeper agents for some terrorist regime. We wouldn't want them using the winnings for terrorist activities and such.
We also need to run a criminal background check on all the winners to make certain convicted felons do not receive any money. That goes for drinkers, smokers, and illegal drug users.
Last, but not least, all jackpot winners need to have a psychological profile done to make sure that they are able to handle a big win in a responsible manner.