How soon would you come forward to claim your jackpot winnings: should you win?Prev Topic Next Topic

New Topic New Poll

Stack47

Kentucky
United States
Member #32,651
February 14, 2006
10,301 Posts
Offline

Sep 28, 2014, 9:14 pm

Quote: Originally posted by maximumfun on Sep 28, 2014
Just as soon as my attorneys tell me that the blind trusts are in place.

Do you know what a "blind trust" is?
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Sep 28, 2014, 9:21 pm

Quote: Originally posted by Coin Toss on Sep 28, 2014
Just as an FYI for this discussion, at least two jackpot winners on TLCML said they begged the post office to stop brining them sacks and sacks of mail and the post office told them they have to deliver it if they know where they are.

Those winners were in Florida and New Mexico. The letters were addressed to
Lottery Winner Florida
or
New Mexico.
_______________________________________________________

I don't know about other states but in Illinois if you win your picture, first name, and amount is going to appear on all the lottery monitors in the state where tickets are sold. When Northstar took over they included the person's last name also but people contacted them and said don't be responsible for another Abraham Shakespeare.

I might think that is possible for New Mexico but Florida have a lot more lottery winners and one would have to put a little more information in the address like the game, the date and the town.

* you don't need to buy every combination, just the winning ones *
Coin Toss

Zeta Reticuli Star System
United States
Member #30,469
January 17, 2006
11,788 Posts
Offline

Sep 28, 2014, 11:21 pm

I'm thinking the Florida winner might have been David Lee Edwards.

According to TLCML and the winner himself that's how the letters were addressed.

MM and PB average maybe 8 to 15 jps a year (maybe less now for MM) so when a big one gets hit it's no challenge to know where the winner is.

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners.

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.
LottoMetro

Happyland
United States
Member #146,338
September 1, 2013
1,176 Posts
Offline

Sep 29, 2014, 12:35 am

Quote: Originally posted by Coin Toss on Sep 28, 2014
Just as an FYI for this discussion, at least two jackpot winners on TLCML said they begged the post office to stop brining them sacks and sacks of mail and the post office told them they have to deliver it if they know where they are.

Those winners were in Florida and New Mexico. The letters were addressed to
Lottery Winner Florida
or
New Mexico.
_______________________________________________________

I don't know about other states but in Illinois if you win your picture, first name, and amount is going to appear on all the lottery monitors in the state where tickets are sold. When Northstar took over they included the person's last name also but people contacted them and said don't be responsible for another Abraham Shakespeare.

Get a mailbox in Antarctica....that'll show them!

If the chances of winning the jackpot are so slim, why play when the jackpot is so small? Your chances never change, but the potential payoff does.
If a crystal ball showed you the future of the rest of your life, and in that future you will never win a jackpot, would you still play?

P&L % = Total Win($)/Total Wager($) - 1
helpmewin

100

u$a
United States
Member #106,660
February 22, 2011
19,960 Posts
Offline

Sep 29, 2014, 8:03 am

How long do they give you?
RJOh

100

mid-Ohio
United States
Member #9
March 24, 2001
20,272 Posts
Offline

Sep 29, 2014, 12:52 pm

Quote: Originally posted by helpmewin on Sep 29, 2014
How long do they give you?

It varies by state. In Ohio you have 180 days for all its games.

* you don't need to buy every combination, just the winning ones *
noise-gate

* In hot pursuit of $ *

White Shores- California
United States
Member #136,471
December 12, 2012
7,039 Posts
Offline

Sep 29, 2014, 10:07 pm

Quote: Originally posted by helpmewin on Sep 29, 2014
How long do they give you?

It's a year out here in California- perhaps that is one if not the * reason for the State Lottery holding out from paying you for up to 6-8 weeks should you be the winner.They say it takes that long to "process" your payment.
RedStang

NY
United States
Member #121,955
January 21, 2012
3,169 Posts
Offline

Sep 30, 2014, 1:20 am

Quote: Originally posted by Coin Toss on Sep 27, 2014
Ideally not until another winner came forward to claim a bigger jackpot.

Not me. I've been waiting long enough and my new neighbors probably wouldn't know who i am.
itchyhitch

London
United Kingdom
Member #159,587
October 1, 2014
1 Post
Offline

Oct 1, 2014, 10:52 am

Immediately, why wait!
addai1516

Newyork City NY / westland michigan
United States
Member #93,149
June 23, 2010
4,087 Posts
Offline

Oct 1, 2014, 8:59 pm

next day , if i could same day lol

< God bless all ,family, love, happiness >
CajunWin4

100

Louisiana
United States
Member #90,212
April 24, 2010
15,350 Posts
Offline

Oct 1, 2014, 9:02 pm

Within 2 weeks !!!

Chasing Maverick's ! Win Big & Win Often ...
nina09

fajardo
United States
Member #152,438
February 15, 2014
47 Posts
Offline

Oct 1, 2014, 9:21 pm

I don't think you can skip the press conference if your state requires one, being that is part of the rule of the game. Also not all lotteries do bank transfers, they give you a check.

After 2 week is a good time, that gives them enough time to collect the money from all the states because they don't have it ready by the next day. Trusts and LLC are good but you can find the beneficiary or owner if you really want to, you can make multiple layers but it just take time to find who if that person really wants to know.
pickone4me

Wisconsin
United States
Member #104,957
January 23, 2011
1,153 Posts
Offline

Oct 2, 2014, 11:27 am

Quote: Originally posted by nina09 on Oct 1, 2014
I don't think you can skip the press conference if your state requires one, being that is part of the rule of the game. Also not all lotteries do bank transfers, they give you a check.

After 2 week is a good time, that gives them enough time to collect the money from all the states because they don't have it ready by the next day. Trusts and LLC are good but you can find the beneficiary or owner if you really want to, you can make multiple layers but it just take time to find who if that person really wants to know.

If you are required to give one, be as dull, and uninteresting as possible, and keep it short.
music*

Fresno, California
United States
Member #157,849
August 2, 2014
3,959 Posts
Offline

Oct 2, 2014, 11:35 am

I would have counsel accompany me. A Lawyer, Accountant, and a member of a Publicity firm.

They would do most of the talking and I would give a short and sweet comment.

The record setting jackpot won in Rhode Island by sweet 80 year old black woman comes to mind.
Toronto

United States
Member #135,798
November 29, 2012
419 Posts
Offline

Oct 2, 2014, 1:25 pm

In most states it takes at least 3 weeks for the cash to be collected by the State lottery from the time of claiming. Plus a day or week to be wired to your account, so it would take several weeks for the cash to actually hit your account. Might as well start that process ASAP.