Welcome Guest
Log In | Register )
You last visited December 7, 2016, 10:55 pm
All times shown are
Eastern Time (GMT-5:00)

Lottery winner demonstrates the right way to claim a big jackpot

Topic closed. 87 replies. Last post 9 years ago by DC81.

Page 2 of 6
53
PrintE-mailLink
chasingadream's avatar - Archangel 01.jpg

United States
Member #38687
May 3, 2006
315 Posts
Offline
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
    New Jersey
    United States
    Member #17843
    June 28, 2005
    49767 Posts
    Offline
    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!

      Avatar
      Pittsburgh, PA
      United States
      Member #58600
      February 21, 2008
      43 Posts
      Offline
      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.

        Avatar
        Pittsburgh, PA
        United States
        Member #58600
        February 21, 2008
        43 Posts
        Offline
        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.jpg
          OC, CALI
          United States
          Member #59564
          March 19, 2008
          76 Posts
          Offline
          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
            ONEONTA,NEW YORK
            United States
            Member #30516
            January 17, 2006
            419 Posts
            Offline
            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

              United States
              Member #28409
              December 15, 2005
              1198 Posts
              Offline
              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.

              voir-vous dans mes reves!Cool

                KyMystikal's avatar - 1457224010054
                Florence, Alabama
                United States
                Member #8658
                November 13, 2004
                1993 Posts
                Offline
                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 - x1MqPuM
                  Idaho
                  United States
                  Member #56506
                  November 21, 2007
                  6537 Posts
                  Offline
                  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."

                    Coin Toss's avatar - shape barbed.jpg
                    Zeta Reticuli Star System
                    United States
                    Member #30470
                    January 17, 2006
                    10351 Posts
                    Offline
                    Posted: March 21, 2008, 2:28 am - IP Logged

                    So much for Illinois not being an anonymous state!

                    Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                    Lep

                    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.

                      OldSchoolPa's avatar - Lottery-057.jpg
                      Gurnee, Illinois
                      United States
                      Member #49731
                      February 12, 2007
                      917 Posts
                      Offline
                      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.

                      Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

                      The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

                        OldSchoolPa's avatar - Lottery-057.jpg
                        Gurnee, Illinois
                        United States
                        Member #49731
                        February 12, 2007
                        917 Posts
                        Offline
                        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!

                        Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

                        The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

                          OldSchoolPa's avatar - Lottery-057.jpg
                          Gurnee, Illinois
                          United States
                          Member #49731
                          February 12, 2007
                          917 Posts
                          Offline
                          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!

                          Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

                          The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!

                            reddog's avatar - patch
                            Greensboro, North Carolina
                            United States
                            Member #1616
                            June 5, 2003
                            1287 Posts
                            Offline
                            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
                              Houston,TX
                              United States
                              Member #35196
                              March 13, 2006
                              54 Posts
                              Offline
                              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.