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Minnesota couple claim $11.7M Hot Lotto jackpot

Topic closed. 35 replies. Last post 2 years ago by Drenick1.

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maringoman's avatar - images q=tbn:ANd9GcTbRxpKQmOfcCoUqF2FyqIOAwDo7rg9G-lfJLAALPGWJWwiz19eRw
Massachusetts
United States
Member #37433
April 14, 2006
2747 Posts
Offline
Posted: September 10, 2014, 5:05 pm - IP Logged

For me the decision on when to claim would be based on two things..1) do I feel I need legal advice (do I need or could I hide behind a trust) and 2) what the lottery requires as far as publicity.  If I won in a state that guarantees anonymity I would probably turn the ticket in right away.  If it is a state where a "natural person" needs to claim (no trusts or LLC) I would probably wait and get my ducks in a row.  I have read that winners are often overwhelmed with people seeking handouts and I probably would have a safe house to bolt to as soon as it became public knowledge.

What bothers me is that the Meath family doesn't actually have the money yet.  It takes about two weeks according to the MN lottery.  I would try to negotiate something with the lottery that they wouldn't release my name until I had the money in my bank account and could use it to help defray any security issues or to just get out of town.

You know it Thumbs Up. Good luck if you're playing tonite.

That money's gone fo ever

    Saylorgirl's avatar - Lottery-065.jpg
    Indiana
    United States
    Member #129225
    June 13, 2012
    546 Posts
    Offline
    Posted: September 10, 2014, 6:04 pm - IP Logged

    For whatever reason, some people will wait weeks to cash a winning lottery ticket or scratcher. Burglaries/robberies happen, if you own a safe it makes sense to secure it. That's what safes are for - securing valuables, and I personally consider an $11.7M lottery ticket to be valuable! Smile

    Its always a good idea to secure your ticket.  And not just from burglaries/robberies you can also have fire and flood!

      Scratch$'s avatar - sm lottery.jpg

      United States
      Member #158848
      September 5, 2014
      294 Posts
      Offline
      Posted: September 11, 2014, 12:46 am - IP Logged

      Its always a good idea to secure your ticket.  And not just from burglaries/robberies you can also have fire and flood!

      Good points!  Thumbs Up

      Scratchers ~ Cash 5 ~ Powerball ~ Mega Millions

        RedStang's avatar - tallman zps6gf4inoc.jpg
        NY
        United States
        Member #121961
        January 21, 2012
        3157 Posts
        Offline
        Posted: September 11, 2014, 12:57 am - IP Logged

        Can you imagine if the ticket on his back seat would've blown out the window somehow.  We'd then be reading about another unclaimed ticket due to expire.

        Congratulations to the Meath's on their BIG win!  Cheers

        You would probably be reading about some guy raking leaves and finding the ticket.

          Scratch$'s avatar - sm lottery.jpg

          United States
          Member #158848
          September 5, 2014
          294 Posts
          Offline
          Posted: September 11, 2014, 11:59 am - IP Logged

          For me the decision on when to claim would be based on two things..1) do I feel I need legal advice (do I need or could I hide behind a trust) and 2) what the lottery requires as far as publicity.  If I won in a state that guarantees anonymity I would probably turn the ticket in right away.  If it is a state where a "natural person" needs to claim (no trusts or LLC) I would probably wait and get my ducks in a row.  I have read that winners are often overwhelmed with people seeking handouts and I probably would have a safe house to bolt to as soon as it became public knowledge.

          What bothers me is that the Meath family doesn't actually have the money yet.  It takes about two weeks according to the MN lottery.  I would try to negotiate something with the lottery that they wouldn't release my name until I had the money in my bank account and could use it to help defray any security issues or to just get out of town.

          I don't think they were wise to publicly give out all the personal information they did. If I hit a big JP, I wouldn't do any interviews whatsoever, nor allow any photos. Many lotteries don't guarantee anonymity, but I wouldn't give them any additional info beyond what's required to claim the money.

          Scratchers ~ Cash 5 ~ Powerball ~ Mega Millions

            Drenick1's avatar - villiarna
            USA
            United States
            Member #152799
            February 25, 2014
            1092 Posts
            Offline
            Posted: September 11, 2014, 3:37 pm - IP Logged

            I don't think they were wise to publicly give out all the personal information they did. If I hit a big JP, I wouldn't do any interviews whatsoever, nor allow any photos. Many lotteries don't guarantee anonymity, but I wouldn't give them any additional info beyond what's required to claim the money.

            I totally agree! very valid points.