$75M Texas Lotto jackpot claimed by business partnership

Comment #31

nc6string — Wed, 02 May 2007 19:52:43 GMT

Those are two phrases that don't belong in the same sentence lottery and better system . You're kidding right

Comment #30

nc6string — Wed, 02 May 2007 14:34:54 GMT

Putting a 20 something year old lotto winner in a reality show is a perfect example of taking advantage of someone who is inexperienced enough to agree to do something that stupid. Flaunting wealth is never going to give you self-esteem or win you points with others.

Comment #29

justxploring — Wed, 02 May 2007 07:48:17 GMT

Not a bad idea. All my life I've only known my sister by one name, but her birth certificate doesn't match it because my parents gave her a name she hated. She's older, so by the time I was talking, she was already using her middle name. So she could easily use her legal name and nobody reading about it would ever have a clue

Comment #28

ChazzMatt — Wed, 02 May 2007 05:42:39 GMT

Part is about privacy and part is about preserving as much capital as possible.

Let's say he's single. By claiming it for his company instead of as a person, legally he doesn't have any assets if/when he gets married. Or if he's divorced, would be much harder for ex-wife to claim more alimony. Also helps if you get sued -- for whatever reason. The millions don't belong to him -- they belong to his company .

Also he seems to have formed a company inside another company. Transfe... [ More ]

Comment #27

MissNYC — Tue, 01 May 2007 02:16:18 GMT

I'm not sure where you're from, but you can't imagine how many people I know that went out to CA to try to become famous, not even to be a successful actress or model, but to be famous. Unfortunately, I'm in the same generation as Paris, Britney, and the like, and although I am ashamed of the type, a lot of young men and women would LOVE to be on TV and be recognized and I think if one just happened to hit a 200 million dollar jackpot, they would jump at the chance to be on a show. I see it from... [ More ]

Comment #26

DoubleDown — Mon, 30 Apr 2007 22:27:59 GMT

Pumpi, please explain...

Well....... we're waiting.....................................

Comment #25

justxploring — Mon, 30 Apr 2007 22:25:00 GMT

Why would it be any harder for a doctor to win with a quick pick than anyone else??? Quick picks are RANDOM. Are you assuming the odds are greater because there are not as many doctors playing the lottery as blue collar workers? Every individual has an equal chance of winning, no matter what his profession is or how much he makes for a living. Do men have a greater chance of winning then women? Do White people have a greater chance of winning than Black people? If you are saying that most

Comment #24

pumpi76 — Mon, 30 Apr 2007 22:18:21 GMT

Yeah a doctor could win it with a quick pick but it will be very hard...But a doctor could win it with a quick pick though, not saying they could not...

The truth is out there... from movie the X Files

Comment #23

justxploring — Mon, 30 Apr 2007 17:48:26 GMT

I am picturing someone with a suit...

Pumpi, what's wrong with wearing a suit?

As far as a surgeon winning, why wouldn't he win with a quick pick? Are you concerned that he'll doctor it up? Maybe he'll give you a cut. I went out with a surgeon and he was so funny. He kept me in stitches.

Comment #22

DoubleDown — Mon, 30 Apr 2007 17:45:55 GMT

I had typed out a response... Then I read it and decided to delete it in favor of a 5 star salute

Comment #21

Just6ntlc — Mon, 30 Apr 2007 17:28:50 GMT

That's a great story. I hope this business partnership doesn't have financial problems later in life.

Comment #20

pumpi76 — Mon, 30 Apr 2007 06:20:46 GMT

Juxploring said:

In Florida I've read about a successful doctor, a financial planner and established business owners winning millions.

There are 2 kinds of people i don't expect to win millions of dollars in the lottery, specially pick6, Powerball MM WITH QUICK PICKS...They are: The president of the United states , the other are the president/CEO of a large corporation...A small bussiness owner yes, A big bussiness owner? maybe yes too...Large corporation CEO/President (which is a litt... [ More ]

Comment #19

savagegoose — Mon, 30 Apr 2007 05:44:38 GMT

im guessing the john guy is a patsie. he was hired to do 1 job and thatsa claim the prize and deposit the cash into the paertnerships bank account.

he gets a nice wad of cash for a few hours work, and prob a honest trsutworthy type.

he may not even know who in the partnership got the cash he may have been hired by the partnerships lawyers.

Comment #18

RJOh — Mon, 30 Apr 2007 03:51:48 GMT

If any one was really interested in producing a show about someone winning a lot of money they would do what Publisher Clearing House does, have their own drawing and give out a big prize and film it. Why would any one spend their money to buy a winning lottery ticket and allow some one else to make money by putting all their personal business on TV for the world to see

Comment #17

MissNYC — Mon, 30 Apr 2007 02:57:40 GMT

In regards to the 1st link, I think I remember this (I'm also from NY), but I remember there being a citizenship thing. Personally, and I have nothing against immigrants, both my grandparents are from Italy, but I think people would be more apt to watch if the winner was an all American girl/guy next door type because part of the intrigue would be that could be me. I also know I've heard of the guy in the 2nd link cause a clip about him was featured on E!'s true Hollywood story about lottery... [ More ]

Comment #16

justxploring — Sun, 29 Apr 2007 18:21:23 GMT

Why anyone would even give their name if you provide the name of the company (being the legal entitiy to win the prize) is beyond me.

Jarrettac,

I can't say what the rules are in TX but in FL it doesn't matter how you claim the money - your name still has to appear on the press release and is available as a public record. Just because someone forms a corporation for privacy and/or tax purposes, doesn't mean he can duck under the radar if the state rules say otherwise. I had a business wi... [ More ]

Comment #15

justxploring — Sun, 29 Apr 2007 18:09:26 GMT

Pumpi,

First of all, I agree with the other comments that the LLC was probably created AFTER winning the lottery. It's jsut a guess, but I've seen this before. There are many ways of investing your money wisely and forming a Trust and/or LLC are 2 of them.

Deep inside for 1 year now i was praying deep inside of me for this to never happen

Second, what difference does it make who wins the lottery, as long as it is fair random? What you are saying is that only poor people can play.... [ More ]

Comment #14

RJOh — Sun, 29 Apr 2007 17:46:20 GMT

If a person of wealth won that jackpot they would have even more reason not to release their name to the public, too many people probably are already looking for a handout from them and winning a lottery jackpot would just attract even more people.

Why would anyone except the government tax departments need to know more unless they too intend to benefit from their winnings

Comment #13

jarrettac — Sun, 29 Apr 2007 17:36:59 GMT

I agree that there is certainly a market for this kind of television. I know that on the rare occasions that TLC runs their lottery documentary, that I'm sure many of us have watched, I'm glued to the TV, have it Tivo'd, and usually watch it two or three times.

I am 23, and have been playing since I was 21. It is true, so many people playing are in their 30's, 40's 50's and up. I'm definitely in the minority. Some of my friends play that are my age, but they are usually the kind to buy a $5... [ More ]

Comment #12

jarrettac — Sun, 29 Apr 2007 17:29:07 GMT

Now I can't prove this at all but...it is highly likely that this is the name of the corporation that he formed to accept the winnings. It is an interesting strategy, to accept the prize in a partnership under the umbrella of a corporation. I've done hours...days...weeks even worth of research to try to find the best way to accept a prize while minimizing tax liability and keeping anonymous. Why anyone would even give their name if you provide the name of the company (being the legal entitiy to... [ More ]

Comment #11

MissNYC — Sun, 29 Apr 2007 14:47:31 GMT

Like I said, the winner would have to WANT the fame that would come with a reality show. As a 28 year old from New York, I am confident if someone in their 20s won, they may not mind the spotlight that much. Remember, we live in a society that glamourizes the young, rich, and beautiful, and many young men and women of the same age are very curious what it must be like to live like them. Plus, I wasn't talking about the people that win small jackpots almost every week, I was talking about the w... [ More ]

Comment #10

LckyLary — Sun, 29 Apr 2007 14:09:39 GMT

I have better systems now than when I was 28. At that time I didn't bother much with regular numbers games like Pick-3 or Pick-4. I wanted only the big jackpot. Even though a lot of winners on jackpots are QP I STILL think that's because a lot more people PLAY QP but I wonder if there is a way to get some kind of statistics of how many people win with systems vs. QP vs. the overall field . If (rough example) 100 players are sampled playing the same # tickets each and 80 use QP and 20 picked the... [ More ]

Comment #9

psykomo — Sun, 29 Apr 2007 04:09:40 GMT

Thank U pumpi76:

YOU>>>>>>>>>SAID it WELL>>>>>>>>>>>!!!!!!!!!!!!!!!!!!!!!!!!!

Even a PSYKOMO....................could not say IT BETTER THAN YOU

Comment #8

pumpi76 — Sun, 29 Apr 2007 03:55:41 GMT

John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket

What ARE THE DAMN ODDS, the President of a Corporation (Ltd/LLC) will win the lottery...Deep inside for 1 year now i was praying deep inside of me for this to never happen...It just proves the corruption.....Of all the cases where i've been paranoid about, none come close to this one...What are the odds..It just proves that they are corrupted i don't care who says what...That president did it to beat the odds... [ More ]

Comment #7

psykomo — Sun, 29 Apr 2007 02:16:17 GMT

really now??? do any??? of U astute PLAYERS

think>>>>>>>>>>>>>>>>>JOHN can HIDE?????

IT appears that HE is going to start a new business with a...... FAIR

amount of CAPITAL$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

already has a Ltd. now has the LLC with the mony>>>> in $IT.

BUTTTTTTTTT YES......................always a BUT, to anything, RIGHT?

BUT it would be hard for a Badger to hide with those L@@K's!!!!!

Badger, have YOU ever L@@Ked @ that picture on the left side... [ More ]

Comment #6

Badger — Sun, 29 Apr 2007 00:58:51 GMT

Definitely not. If I won a large jp I would desire to be left alone. I don't want my 15 minutes of fame nor dealing with nosy reporters.

People win these things almost every week. The winners lives are nobody's business except their own

Comment #5

MissNYC — Sat, 28 Apr 2007 23:51:14 GMT

LOL It seems like Golds Gym is the same no matter where you live! You're right though, I don't remember someone under 30 every winning a large powerball or mega millions jackpot, but if they did, I think they'd be more interesting to watch than an older family, but hey, my family has always been nuts, so we could have probably been a show when I was a kid.

Comment #4

pigsNtrees — Sat, 28 Apr 2007 23:35:43 GMT

Let me get this straight how does he keep his privacy when he name is revealed? Looks like much to do about nothing.

John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket

Comment #3

tnlotto1 — Sat, 28 Apr 2007 17:22:39 GMT

that is a great idea and im also 28 and i understand why people want privacy but some lotto winners really would like the reality tv fame. most of the winners are older than 28 so you may have to expand your idea to include older winners who already have families because i dont know anyone else my age or younger who plays the lottery except me. most of my friends feel like its a waste of money and i see people 40 and over who have hope to at least try buying a few tickets when the jackpot is lar... [ More ]

Comment #2

MissNYC — Sat, 28 Apr 2007 17:08:42 GMT

It seems that a lot of lotto winners are concerned about their privacy, which makes sense, but I think they are an untapped entertainment resource. I would love to see an E, VH1, or MTV reality show that followed around a large lotto jackpot winner for the 1st year after their win. I'm 28, I work in marketing, and am in the reality show generation, so I think it would be a big hit since people are always curious about lotto winners, especially when the jackpots are very large, but I think it wou... [ More ]

Comment #1

psykomo — Sat, 28 Apr 2007 15:15:55 GMT

Congrat's..!!!!!!!!!!!!

2..another..QP$

and another JACKPOT bits the DUST

$75M Texas Lotto jackpot claimed by business partnership

Lottery Post — Sat, 28 Apr 2007 13:59:33 GMT

The $75 million Lotto Texas jackpot won earlier this month was claimed by a business partnership, which can help protect the privacy of the winner.

Panjo Investments Ltd. claimed the April 7 jackpot, Texas Lottery Commission spokeswoman Leticia Vasquez said Thursday.

The winning ticket was a quick pick, meaning a computer chose the numbers.

The winner chose the cash-value option amount of $45 million. The $75 million jackpot was the largest for the Texas Lottery in the past 2 1/2 years.... [ More ]