Florida couple claims share of historic $1.6 billion Powerball jackpot

The CA winner has 12 months from the date of the draw to come forward; then two months to decide on lump sum or yearly installments once the ticket has been validated.  Hopefully this CA winner will have better results than the TN or FL winners when it comes to the media.

Atleast they waited a month and got financial advice but I probably would have waited longer. I think the press would have been less interested in old news.

I wonder if anyone could ever successfully file an age discrimination lawsuit against the lottery?  Hardly anyone under 50 wins.  Why is that?

oldies have all the min wage jobs now.

Only one way to find out. Sue them and then tell us how you wasted your time and money.

I don't know what's going on with these lawyers lately but I know from most previous large jackpot winners it was recommended to claim thru a trust and not to go public!  That's regardless if the public gets your trust info or not; they won't have your picture!  That is critical for security!  See the Georgia lottery winner that was killed about 1-2 months ago!  If people don't know what to do, you may want to check out thelotterylawyer.com  I don't know if this is the best person or not but he does mention things I think are common sense or at least good ideas to consider!

Thanks, Todd.

These winners appear very nice and bright.

Good for them.

 I second the thanks to Todd.

 These winners are retirement age. So this planning comes naturally. They took their time. Watched the local news and saw a local house surrounded by the media and public. They kept it secret.

I think the only state that allows you to remain anonymous AND does not tax your winnings is Delaware.  Lucky ducks.

Delaware only withholds the required 25% for Federal tax. You pay the Delaware state income taxes on your winnings when you file an income tax return the following year.

For the states that do not tax lottery winnings, I believe only Texas and New Hampshire have allowed winners to claim anonymously through a trust.

Did you forget Marie Holmes and Hot Sauce so quickly?  She is only 27!

Do you happen to know what Delaware's rate is or how they tax you if you're out of state ?

For income over $60,000 it's 6.6%. Non-residents are taxed only on their Delaware sourced income, including winnings from the Delaware Lottery.

CONGRATS to the winners!   That's awesome that the ticket was a self pick of numbers she has been playing on and off for 30 years.   Reminds me of some loser player I know... cough cough.   No way would I be doing a press conference if I did not have to. 

And yes, she does look great for 70.   I bet she was a knock out in her mid thirties back in 1980.   Maybe it was him robbing the cradle at the time.

The smart people claim the jackpot and THEN put their money in a Trust of Family LLC!

That way your info is not revealed!