How would you claim?Previous TopicNext Topic

If you ever won the JP would you send in your ticket and claim form like they tell you to or just drive to your local lottery office? I personally would never let the ticket out of my possesion. Even at the lottery office I wouldn't let the ticket out of my sight. Lol.

You got the right idea..

DRIVE

I will definitely be going to the claim office in person! No way would I mail in my winning ticket.

QUIETLY!  As low key as possible.....form an LLC

I'm going to claim my $112,000,000 jackpot in person at Hoosier Lottery Headquarters. But first, I will call my sister who lives in Ohio and have her drive into town. Then me, my parents, and my sister will go claim the jackpot together. I will designate a $4,000,000 portion of the winnings to my parents and a $3,000,000 portion of the winnings to my sister. I will keep the rest. Good question.

Not for a Microsecond!

Not for a Nanosecond!!!!!!

HaHa, LoL..You Got It dr!!

It depends on which state: (where I live, no anonymity when claiming, where I have played you can claim anonymous).

Don't say a word to anyone and remain calm, giddiness would probably make bad things happen. This is the first rule.....the rest is a Rough Draft

1.) Make copies of the ticket.  Put original unsigned ticket in a fire proof safe.

2.) Rent a cheap apt/efficiency and change my legal address to the apt/efficiency. Disconnect my landline in my home. Put a for sale sign up in front of my house. I would get a P.O. Box and a safe deposit box for anything else. Possibly look into a leave of absence.

3.) Meet with an atty to discuss safeguards to protect my family and the winnings while looking into paying off various debt: mortgage, cars etc.  It might be advisable for me to keep my mortgage (for the interest deduction in the year that I claim for tax puposes). I would look into setting up a a  family limited partnership or a couple of trusts. (one to put my home and the bulk of the winnings, another to help pay for my kids' needs:  schooling, clothing, etc. nothing extravagant.) Look into setting up some type of charitable trust to benefit  a couple of oranizations near and dear to my heart.  Also I would need to determine whether the publicity would hurt me as far as work goes (would it be wise to resign, not because I want to, because I wouldn't want someone to sue me in some frivolous lawsuit.)  If I had to resign I would have to set up some type of "living account" that would provide income to pay for food, healthcare etc.  Discuss various insurance needs that I may need for estate planning purposes (policies that would help pay any expenses upon my death so my children aren't left with the burden).  I would also ask if my immediate family (parents and siblings) could claim some of the winnings and draft up a tentative agreement stating their share of the claim. Being that I would have to pay gift tax on anything I give them above 13000 ( if I claim it all for myself), it may be better for them to claim a share, pay the taxes  and have more right up front.  This may take several meetings that would later involve a tax advisor. Pre-print the claim forms and tax forms. Since I have experience with investments, I would look to set up a new/separate cash management account to deposit the initial "check" 

4.)  Sign ticket, as advised, Go with attorney (and family) to claim the winnings with the original ticket and a couple of copies and the. claim forms. In my state, request "no press conference" my name, will already be public record. If I win in the other state, just claim anonymously and lay low.

5.) Wait for my share to be deposited in the CMA.

6.) Disperse funds to the various trusts from the CMA. Sign over home to trust, take down for sale sign, change back to original address.  I would try to have enough money set aside to live off the interest/dividends if no anonymity( I would have to quit my job), the money that I set aside in the "living expense account."  Using what I live off of, I would then diversify into equity based mutual funds for long term growth, much the same way I do now. Ladder some into CDs.  If I claim anonymously(in the other state), I would keep my job, and I would not buy anything extravagant and noticeable until after a couple of years. I would probably be more agressively invested than CDs....

7.) If winning the jackpot means "set for life", I would quit playing because, the chances of it happening again are slim to none,and it would give someone else a shot at it.

I would be camped out at a nice hotel somewhere very near lottery headquarters and I would be there at first light.  Drive!

What are you saying?

Are you saying you wouldn't trust the Post Office to deliver your winning ticket to the right place?

Are you saying they might put it in the wrong mailbox?

Are you saying the Post Office might lose it?

Are you saying the Post Office might steal it?

What possible reason could there be for you not to rely on the Post Office?

This is an outrage!

Do you think it's easy to take an envelope with a name and address on it and put it in a box with the same name and address?

WELL NO, IT'S NOT!   IT'S LIKE ROCKET SCIENCE!

But that's no reason to not trust them with your winning ticket.

You're a gambler anyway. Just look at it like betting they'll get your ticket to the lottery office. The odds are probably about the same as winning in the first place and you've already done that so you might get lucky again.

You can see in this thread how confident people are in the Post Office. They're not driving hundreds of miles to deliver the ticket themselves just because they don't trust them. It's just that they like driving hundreds of miles. I'm sure they have complete faith in the Post Office.

I'll leave the matter of apologizing to tiggs and ca*dreamin up to you but as you know, they may well go berserk.

Postal employees frequently deal with complaints or criticism in their own unique manner - they kill everybody in sight.

Good luck. 

Hahahahahaaaha Caugh, caughHHHhahahLol Oh my goodnessss rd you are soos sooo Too Funnyyyy hahhhahhaLollalllllaLMHOoooo Oh my goodnes!!

OMG!!!!! MASTER RIDGY!!!!!!

HAHAHA OK just because I work for the said PO and when I hit 5 out of 6 numbers on Super Lotto there was NO WAY IN HELL I was gonna mail my ticket in HEHEHE!!!!!!!

I DROVE (on my day off of course) to the lottery office.

And unless they've changed the way they handle things (in CA) a check is mailed to you! Mine took about 3 weeks. Also if you don't give your SSN on the claim form the lottery takes out 30% for taxes.

WOW!!..Someones not feeling to good tonight..For goodness sakes we are a bit touchy..If I was your mailman I'd beep my horn and have you come out so I could hand you your mail and if there was a mistake you could shout at me then and not on the computer..Take a pint or a quart of Jack and go out in the field and drink it all down and relax..Time is short so enjoy what time you got left before a mail person shoots someone because we are all killers,in your eyes...

A Dr will give you some cough syrup for that cough jrosina..After tomorrow night tiggs can buy you all the syrup you need..