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Final share of $564 million Powerball jackpot claimed in Texas

Topic closed. 37 replies. Last post 2 years ago by maximumfun.

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ttech10's avatar - blobdude
Texas
United States
Member #92330
June 5, 2010
887 Posts
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Posted: March 9, 2015, 10:58 am - IP Logged

Proud whenever I see smart winners. The trust method works almost the same as anonymity, so I'm surprised so many people who live in states that allow it don't take advantage. Look at all the other trusts/LLCs that have claimed in Texas and I don't ever recall hearing about them later down the road.

    HaveABall's avatar - rocket

    United States
    Member #72448
    March 18, 2009
    1227 Posts
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    Posted: March 9, 2015, 7:01 pm - IP Logged

    Proud whenever I see smart winners. The trust method works almost the same as anonymity, so I'm surprised so many people who live in states that allow it don't take advantage. Look at all the other trusts/LLCs that have claimed in Texas and I don't ever recall hearing about them later down the road.

    Well, ttech10, every 6 months or so, keep browsing the info provided in this article:  "Andrew Weber, Trustee of Austin claimed the $127,046,150.05 Cash Value Option prize from the $564.1 million jackpot at Texas Lottery headquarters in Austin Friday. " and you shall see how Andrew (the jackpot winner?) has fared.

    Type

    Having several millions of dollars in my financial accounts means receiving several valuable services each day!

    Disney

      HaveABall's avatar - rocket

      United States
      Member #72448
      March 18, 2009
      1227 Posts
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      Posted: March 9, 2015, 7:04 pm - IP Logged

      Congratulations, TL Management Trust/Andrew Weber, Trustee of Austin ... on your exciting jackpot win.

      Does anyone know if most/all of the 3 jackpot winning tickets were full quick picks?

      Snowman

      Having several millions of dollars in my financial accounts means receiving several valuable services each day!

      Disney

        MaximumMillions's avatar - Lottery-013.jpg

        Germany
        Member #164603
        March 8, 2015
        603 Posts
        Online
        Posted: March 9, 2015, 8:54 pm - IP Logged

        Is there y convenient trust/corp/llc online registry?

        When I googled TL Trust Management I found an australian company, it can't possibly that complicated a net?

          ttech10's avatar - blobdude
          Texas
          United States
          Member #92330
          June 5, 2010
          887 Posts
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          Posted: March 10, 2015, 9:10 am - IP Logged

          Well, ttech10, every 6 months or so, keep browsing the info provided in this article:  "Andrew Weber, Trustee of Austin claimed the $127,046,150.05 Cash Value Option prize from the $564.1 million jackpot at Texas Lottery headquarters in Austin Friday. " and you shall see how Andrew (the jackpot winner?) has fared.

          Type

          Andrew Weber is just the attorney/trustee. Like in Houston, when attorney Manfred Sternberg was the trustee for two different winners. One for a $24m Lotto Texas win and another for a $10m Lotto Texas win.

          I mean, it's possible he's the winner, his firm does have an office in Fort Worth, but I'd be willing to be that once the money is paid out and the trust has done it's job, it will be dissolved and all ties he has with the lottery winner are gone.

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            akron, ohio
            United States
            Member #163666
            February 7, 2015
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            Posted: March 11, 2015, 11:32 am - IP Logged

            as far as taxes it reads they have 60 days to choose 101 million or the 30 payments over 30 years. so its already infering that the taxes w.e amount maybe to be taking out. and that gives them almost a full year for irs to decide to keep all of taxes or one big refund check


              United States
              Member #156369
              June 16, 2014
              570 Posts
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              Posted: March 12, 2015, 8:34 pm - IP Logged

              yep. icam chica,hola.

              (scarychick)

              then again i already know mi folks,

              and i what we will do with  it. mi father has a great,astute financial advisor.

               

              so we would still share our name pero....

              not anything else,oh and county.

               

              so happy for em all.Cheers

               

              adios!

                maximumfun's avatar - Lottery-030.jpg
                Lavender Rocket

                United States
                Member #124616
                March 16, 2012
                2642 Posts
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                Posted: March 13, 2015, 1:52 am - IP Logged

                That trust popped up pretty quick!  Nice work to the winner for being johnny-on-the-spot with planning and organization!