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$144M Powerball jackpot won in Tennessee claimed by trust

Dec 3, 2015, 4:05 pm

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PowerballPowerball: $144M Powerball jackpot won in Tennessee claimed by trustRating:

By Todd Northrop

The second largest prize and fourth Powerball jackpot won in Tennessee was claimed today at the Tennessee Lottery's Nashville headquarters.

The $144.1 million ticket, purchased at Hobson Tobacco and Beer, 2216 Hobson Pike in Antioch, was claimed by the Avondale Revocable Trust.

Winners of big jackpots sometimes use trusts as a way to avoid having their names appear in the media. (See More lottery winners using trusts to accept prizes anonymously, Lottery Post, Nov. 29, 2015.)

The winning Powerball ticket in the Nov. 4, 2015 drawing matched all five white balls plus the Powerball to win the $144.1 million jackpot.

Avondale Revocable Trust chose to receive the lump sum of $89,795,622 rather than the estimated annuitized amount of $144.1 million.

The owner of Hobson Tobacco and Beer received $25,000 for selling the ticket.

In addition to the four Powerball jackpots, a Mega Millions jackpot has also been won in Tennessee. (See Woman and son claim Tennessee's first Mega Millions jackpot win, Lottery Post, Jan. 15, 2014.)

Since the Tennessee Education Lottery began selling tickets January 20, 2004, it has sold 177 winning tickets worth $1 million or more, and has generated more than $3.5 billion for education programs in Tennessee.

Lottery Post Staff

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15 comments. Last comment 6 years ago by TnTicketlosers.
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Raven62's avatar - binary
25
New Jersey
United States
Member #17842
June 28, 2005
143901 Posts
Online

It's the trendy thing to do: Good move on the part of the Winner(s)!

A mind once stretched by a new idea never returns to its original dimensions!

Catch-22: A dilemma or difficult circumstance from which there is no escape because of mutually conflicting or dependent conditions.

Corruptissima re publica plurimae leges: When the republic is at its most corrupt the laws are most numerous.

    Gleno's avatar - Lottery-001.jpg
    New Jersey
    United States
    Member #80352
    September 25, 2009
    723 Posts
    Offline

    Another smart winner has used the strategy of setting up a Trust to claim their prize.

    Coffee

      hearsetrax's avatar - alien on_computer.jpg

      United States
      Member #52343
      May 21, 2007
      3371 Posts
      Offline

        travelintrucker's avatar - morph
        Greenville, SC
        United States
        Member #169863
        November 4, 2015
        387 Posts
        Offline

        Send your luck my way!! Congratulations!Party

        May the balls bounce in your favor!

          music*'s avatar - DiscoBallGlowing
          USN United States Navy
          Fresno, California
          United States
          Member #157849
          August 2, 2014
          3959 Posts
          Offline

           Congratulations to the Tennessee Power Ball winner!  Smart move to use a Living Revocable Trust.

           Plus you took your time claiming the win.  Patriot

           "We are all in this together!" 

            dpoly1's avatar - driver
            PA
            United States
            Member #66139
            October 16, 2008
            1998 Posts
            Offline

            That's a good move in TN, but here in PA they will still publish your name!

            Thud

            dpoly1 - Playing the lottery to save the jobs of those that build, transport, sell & maintain luxury items! -

             

            Eschew Poverty ........... Vote Conservative!

              maximumfun's avatar - Lottery-030.jpg

              United States
              Member #124610
              March 16, 2012
              3713 Posts
              Offline

              That's a good move in TN, but here in PA they will still publish your name!

              Thud

              Here in Little Rhodie as well.  :)

                billybob1185's avatar - Lottery-031.jpg
                New Member
                TN
                United States
                Member #148600
                November 6, 2013
                6 Posts
                Offline

                I am glad to see some one(s) from Tennessee able to remain anonymous. It will be interesting to see if the person or persons can maintain their anonymity. If this is the case I will consider buying lottery tickets in TN. Otherwise I will be traveling to one of the states that allows persons in it state to remain anonymous. I think these states allow winners to remain anonymous Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina.

                 

                This question has been asked several times.

                I have not found a good answer.

                Sign the lottery ticket or don’t sign your name on it.

                Some say to form a Trust then sign the trusts name on the ticket.

                Most legal websites on the net say to sign the ticket then inform the lottery officials that you will be claiming anonymous.

                This is something I stumbled across the other day. However it dose not nail down the question about signing the ticket in your own name or the trusts name? unless they mean claim the winning under the blind trust name by signing the ticket in the trusts name? if that is possible. I would think the trust would have to have a tax number of some kind.

                • Make copies of original (front and back)
                • Secure the original it in a safe place
                • Hire a lawyer
                • Form a blind trust
                • Inform lottery official that you are claiming anonymously
                • Claim winnings under the blind trust name
                  Avatar
                  Simpsonville
                  United States
                  Member #163182
                  January 22, 2015
                  2634 Posts
                  Offline

                  Guess I need to venture up to Ohio more frequently.  Though not quite the answer to your questions; California lottery has an excellent guide to what you do when you win the lottery.  I printed off my own copy; however it is yet to come to fruition.

                    sully16's avatar - sharan
                    25
                    Dr.President Elect
                    Michigan
                    United States
                    Member #81738
                    October 28, 2009
                    87861 Posts
                    Offline

                    Congrats to the smart lucky winner.

                     US Flag

                      whiteballz's avatar - Lottery-015.jpg
                      Nutley, New Jersey
                      United States
                      Member #131052
                      August 1, 2012
                      901 Posts
                      Offline

                      I'm hoping it was rdgrnr who won so he can finally meet the Dragon Lady.

                      .

                        ressuccess's avatar - Lottery-043.jpg

                        United States
                        Member #93160
                        June 23, 2010
                        3141 Posts
                        Offline

                        Congratulations to this jackpot winner. I didn't know that this jackpot winning ticket ended up with a double 17 with the winning numbers are 2, 12, 17, 20, 65 and the Power ball number was 17.

                          ohiopick3's avatar - Lottery-063.jpg
                          Ohio
                          United States
                          Member #3023
                          December 14, 2003
                          4252 Posts
                          Offline

                          Nice hit for the person that won. It could be any of us after tonight's drawing!

                          That would be nice to see at Lottery Post! Because you never know.

                            Avatar

                            United States
                            Member #141028
                            April 2, 2013
                            1481 Posts
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                            Thumbs UpVery smart move.

                            Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                            Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****