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Bill would allow Texas Lottery winners to pay for anonymity

Feb 18, 2015, 9:37 am

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Texas lawmakers are considering a bill that would allow big lottery winners to keep their identity a secret, but they would have to pay for that privilege.

Right now, Texas Lottery winners are not allowed to remain anonymous. In some cases, individuals have established a trust or turned their winning ticket over to a trust to claim the prize for them. But, Texas law requires that someone come forward to participate in a news conference and collect the money.

House Bill 1504 would change that and allow winners of more than $1 million to keep their privacy, if they are willing to part with some of their prize money.  The proposed bill would allow winners to remain anonymous if they fork over 5% of their winnings.

The bill is titled, Relating to a lottery prize winner's choice to remain anonymous on authorization to withhold five percent of winnings, and was introduced Tuesday by Rep. Terry Canales (D).

The 5% would go to the state lottery account, which is used to payout prizes, for operation and administration of the lottery, and foundation school fund.

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89 comments. Last comment 5 years ago by GYM RICE.
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EZMONEE's avatar - Lottery-057.jpg
25
UNC
United States
Member #106256
February 15, 2011
33740 Posts
Offline
Posted: February 18, 2015, 9:42 am - IP Logged

Texas lawmakers are considering a bill that would allow big lottery winners to keep their identity a secret, but they would have to pay for that privilege.

Right now, Texas Lottery winners are not allowed to remain anonymous. In some cases, individuals have established a trust or turned their winning ticket over to a trust to claim the prize for them. But, Texas law requires that someone come forward to participate in a news conference and collect the money.

House Bill 1504 would change that and allow winners of more than $1 million to keep their privacy, if they are willing to part with some of their prize money.  The proposed bill would allow winners to remain anonymous if they fork over 5% of their winnings.

The bill is titled, Relating to a lottery prize winner's choice to remain anonymous on authorization to withhold five percent of winnings, and was introduced Tuesday by Rep. Terry Canales (D).

The 5% would go to the state lottery account, which is used to payout prizes, for operation and administration of the lottery, and foundation school fund.

Another way for the government to make money..lol  Key word "Bill"

EZLotteryMoney on FB

Post good for 3 days

    Original Bey's avatar - Lottery-022.jpg

    Bahamas
    Member #133458
    September 30, 2012
    6792 Posts
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    Posted: February 18, 2015, 9:46 am - IP Logged

    5%? Hmmm.... If all states offer this option it would certainly be an improvement on the notion of making the game even harder to win as a means of earning more revenue.

    "Do everything you can. Then, leave the rest to luck."

      MADDOG10's avatar - smoke
      50
      Beautiful Florida
      United States
      Member #5709
      July 18, 2004
      23972 Posts
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      Posted: February 18, 2015, 9:47 am - IP Logged

      Unbelievable, and they call themselves Americans. I think they should replace the majority of these lawmakers.

      Just another fast Money scheme...

                                                   

                                                     "Slander becomes the tool of the loser when the debate is lost." - Socrates.

        Avatar

        United States
        Member #149816
        December 9, 2013
        644 Posts
        Offline
        Posted: February 18, 2015, 9:48 am - IP Logged

        I think it's a great idea. If you want to be anonymous then just shell out some money, it really should be public information who has won though. Let's just keep it all transparent. Your biggest threats will come from people you already know anyways. We as lottery players have the right to know who we have lost money to and that the person who has won is a real person

          zephbe's avatar - animal butterfly.jpg
          South Carolina
          United States
          Member #77165
          July 15, 2009
          897 Posts
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          Posted: February 18, 2015, 9:53 am - IP Logged

          South Carolina doesn't divulge the identities of lottery winners to the public if they don't want it to be known. 

            Avatar

            United States
            Member #122320
            January 29, 2012
            69 Posts
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            Posted: February 18, 2015, 10:33 am - IP Logged

            When you think about it there's some people out there that would consider the 5% a bargain if they owe money, child support, get divorced months after the winning numbers and then go collect on the down low.  This opens up a whole world of problems.

              hearsetrax's avatar - alien on_computer.jpg

              United States
              Member #52343
              May 21, 2007
              3261 Posts
              Offline
              Posted: February 18, 2015, 10:35 am - IP Logged

              Texas lawmakers are considering a bill that would allow big lottery winners to keep their identity a secret, but they would have to pay for that privilege.

              Right now, Texas Lottery winners are not allowed to remain anonymous. In some cases, individuals have established a trust or turned their winning ticket over to a trust to claim the prize for them. But, Texas law requires that someone come forward to participate in a news conference and collect the money.

              House Bill 1504 would change that and allow winners of more than $1 million to keep their privacy, if they are willing to part with some of their prize money.  The proposed bill would allow winners to remain anonymous if they fork over 5% of their winnings.

              The bill is titled, Relating to a lottery prize winner's choice to remain anonymous on authorization to withhold five percent of winnings, and was introduced Tuesday by Rep. Terry Canales (D).

              The 5% would go to the state lottery account, which is used to payout prizes, for operation and administration of the lottery, and foundation school fund.

                dallascowboyfan's avatar - chi
                Oklahoma
                United States
                Member #82389
                November 12, 2009
                6371 Posts
                Offline
                Posted: February 18, 2015, 10:59 am - IP Logged

                Come on Texas this is crazy we are trying to get away from the Government taking our money and Texas offers something like this (SMH) Bang Head

                I Love Pink & Green 1908

                  lejardin's avatar - Lottery-014.jpg

                  United States
                  Member #118605
                  November 4, 2011
                  1423 Posts
                  Offline
                  Posted: February 18, 2015, 11:10 am - IP Logged

                  Unbelievable, and they call themselves Americans. I think they should replace the majority of these lawmakers.

                  Just another fast Money scheme...

                  Totally agree Maddog.  This sounds like extortion. 

                  Definately need the option to claim anonymously but this is a crock.

                    Gleno's avatar - Lottery-001.jpg
                    New Jersey
                    United States
                    Member #80352
                    September 25, 2009
                    723 Posts
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                    Posted: February 18, 2015, 11:10 am - IP Logged

                    Sounds like extortion to me.

                     It should not cost 5% in the first place.

                    The right to privacy should not be something Americans be forced to pay for;

                    but it may be worth the price to keep your name out of the media,when dealing with huge jackpot winnings.

                    Argue

                      Gleno's avatar - Lottery-001.jpg
                      New Jersey
                      United States
                      Member #80352
                      September 25, 2009
                      723 Posts
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                      Posted: February 18, 2015, 11:14 am - IP Logged

                      Don't believe this will protect anyone who owes child support, alimony, back taxes, or judgements. Just think it keeps the winners information from the media.

                        Saylorgirl's avatar - Lottery-065.jpg
                        Indiana
                        United States
                        Member #129221
                        June 13, 2012
                        592 Posts
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                        Posted: February 18, 2015, 11:30 am - IP Logged

                        Don't believe this will protect anyone who owes child support, alimony, back taxes, or judgements. Just think it keeps the winners information from the media.

                        I agree those debts will be taken from your funds before you ever receive your winnings. 

                          Technut's avatar - moon
                          3rd Rock from Sun
                          United States
                          Member #159098
                          September 13, 2014
                          170 Posts
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                          Posted: February 18, 2015, 12:04 pm - IP Logged

                          What a crock of bull pucky. Allowing someone to be private with regard to lottery winnings should not have to cost them money. 5% seems like small amount but it's not really for every $1M they take $50K just to keep someone's name out of media i say no way.

                          Yesterday is History, Tomorrow is a Mystery, Today is a gift that's why it's called the PRESENT! (c8

                            haymaker's avatar - Lottery-012.jpg
                            Egg Harbor twp.south Jersey shore
                            United States
                            Member #112964
                            June 29, 2011
                            4135 Posts
                            Offline
                            Posted: February 18, 2015, 12:30 pm - IP Logged

                            Ridiculous !

                            They should have to pay you to use YOUR name and image, that is if you agree to the use.

                             

                            Now playing the big $ games only when I go to Delaware.

                            Extraordinary Popular Delusions & the Madness of Crowds    -- Charles Mackay  LL.D.