$254M Ct. Powerball jackpot claimed by 3 asset managers

Comment #95

Iesha Kelly — Sun, 08 Jan 2012 09:40:02 GMT

I don't see why not. That situation stunk from the beginning. And if the charity exists, it's more likely of the 'Putnam Avenue Family Charity' persuasion, not the established third-party legitimate non-profit with low overhead variety. But folks will forget about this story, unless a Whittaker situation happens, and with the types of precautions these people took, that's not going to happen in the public eye.

The clerk claiming they remember selling the exact winning ticket to the guy is lud... [ More ]

Comment #94

SomedayTheMega — Sat, 31 Dec 2011 09:23:47 GMT

Deflating. Cruel joke.

Comment #93

rdgrnr — Thu, 01 Dec 2011 15:51:33 GMT

The clerk may be stating what the winner wants to hear with the hope of a good tip.

Wow, that was fast.

They don't call me an Oracle for nothing.

Comment #92

Mario38 — Thu, 01 Dec 2011 15:33:46 GMT

The clerk may remember he sold a ticket to a particular person. But for the clerk to remember he sold the winning ticket to a particular person is extremely unlikley. What does the clerk do? Memorize the numbers of the tickets sold and then check the winning numbers after the draw to see who won?

The clerk may be stating what the winner wants to hear with the hope of a good tip.

Good luck.

Comment #91

rdgrnr — Thu, 01 Dec 2011 15:19:15 GMT

Hey Perfecttiming!

Well, that makes sense and it's good enough for me but you know those who insist on a conspiracy are of course gonna say the clerk was paid off to say that, lol.

Comment #90

Mario38 — Thu, 01 Dec 2011 15:05:55 GMT

KY Floyd, I do not think you understood my theory. I speculated if the ticket was sold to the 3 asset managers, then when the 3 claim the ticket, it is their income and not the income of the original winner.

I wrote that before the existence of the trust was reported in the press. The trust changes things a lot. The original winner can be named a beneficiary of the trust with structured payments to optimize the taxes.

Good luck.

Comment #89

Perfecttiming2 — Thu, 01 Dec 2011 08:19:35 GMT

Hi Rdgrnr!

The owner of the gas station said that their cameras will only store up to 10 days of security footage. Since the ticket was purchased more than 10 days ago the footage showing the purchase of the ticket is no longer available....

However the clerk who sold the ticket to Tim Davidson did identify him in a photo as the guy he sold the ticket to. He says he remembers him because he is a regular who buys his morning coffee there.

Comment #88

KY Floyd — Thu, 01 Dec 2011 06:39:41 GMT

Keep in mind the 3 asset managers claimed the money in their names meaning they have to pay the taxes.

You know it's called income tax because it's a tax on income, right? If the money goes to somebody else it won't be income to them and they won't be paying taxes on it.

Comment #87

rdgrnr — Wed, 30 Nov 2011 16:04:27 GMT

...maybe you dont have a heart...

No, it's not that I don't have a heart, alj4que.

It's that you don't have a sense of humor.

Welcome to Lottery Post, alj4que!

Best of luck to ya

Comment #86

alj4que — Wed, 30 Nov 2011 11:53:45 GMT

I'm glad they won , but to say you cant stand poor people they sink.

That tell us alot about you, and know I am not poor. (Just remember money does not get you are any one else into heaven ) Just maybe you dont have a heart or Just dont beleive in God. Have a Bless Day

Comment #85

rdgrnr — Wed, 30 Nov 2011 04:50:52 GMT

When you say you think it is unlikely they bought the ticket from the retailer it makes me want to go out and bet the farm that they did.

A person could make a lot of money betting against your instincts.

Comment #84

Mario38 — Wed, 30 Nov 2011 04:38:22 GMT

It does not take you long to revert to your usual position - insults.

So for the one hundredth time I will remind you of the Lottery Post rules. See my signature.

Reread my orginal posts. I stated what I thought was the most likely situation. Given this is a lottery forum, I thought you would understand the use of probabilities in making a statement. Unlike your posts where you made conclusive, definitive statements. I still think it is unlikely they bought the ticket from the retailer.

Comment #83

rdgrnr — Wed, 30 Nov 2011 04:20:19 GMT

Thank you Louise.

And of course you know I'm not one to gloat.

One bit of advice I might add though is that you can never go wrong betting against little mario.

He is always wrong about everything.

Always has been.

Always will be.

It's just his nature.

And I mean that in a nice way.

Comment #82

rdgrnr — Wed, 30 Nov 2011 04:12:39 GMT

Well, as usual, you were the first to call it, little guy.

And you were the first to remind everybody you called it first, little guy.

And as usual, you were wrong, little guy.

Care for some Crow

Comment #81

rdgrnr — Wed, 30 Nov 2011 04:02:09 GMT

LOL, I was just thinking fondly of how you must get your ass whooped pretty regular the way you run your mouth.

But then I remembered where you're at and remembered that it's all libs like you there, so you probably don't.

But I guarantee you would in East Tennessee, sonny boy.

Comment #80

louise black — Wed, 30 Nov 2011 02:05:18 GMT

Dog gone it! Rdgrnr, you may have been right according to the latest news.

Comment #79

Todd — Wed, 30 Nov 2011 01:55:33 GMT

If that were true, then it is most certainly not a weakness - good for them. And that would mean rdgrnr is correct, which would be terrible for Mario.

Comment #78

louise black — Wed, 30 Nov 2011 01:53:15 GMT

Yes ,Todd I guess we all have weakness ,because the latest news on the trio are legitimate and there are no third party and their giving the first mill to the vets in their state. Wow

Comment #77

Mario38 — Wed, 30 Nov 2011 01:45:53 GMT

If the shoe fits...

Comment #76

Todd — Wed, 30 Nov 2011 01:42:32 GMT

Yes, I must have missed it. However, I'd appreciate it if you'd leave me out of your descriptions of your human weaknesses.

Comment #75

Mario38 — Wed, 30 Nov 2011 01:39:20 GMT

I guess you missed the sarcasm. Interesting how our human weaknesses can filter facts.

Comment #74

Todd — Wed, 30 Nov 2011 01:31:54 GMT

I'm only biased by the facts and past behavior. I am honored to hear that you feel my opinion carries a lot of weight.

Comment #73

Mario38 — Wed, 30 Nov 2011 01:18:33 GMT

Nothing like a biased opinion to carry a lot of weight.

Comment #72

rdgrnr — Wed, 30 Nov 2011 00:35:51 GMT

Thanks Todd, I'll take the mulligan if necessary but what I'd like to see is the video of the guy buying the ticket.

I haven't heard a word about that.

Comment #71

rdgrnr — Wed, 30 Nov 2011 00:27:32 GMT

Blumenthal said he served in Vietnam too.

He didn't - it was a lie.

After hearing that, the Dems re-elected him to high office.

Comment #70

Todd — Wed, 30 Nov 2011 00:25:03 GMT

Well, if you counted all the past stuff, it would be fairly lopsided in the other direction. I say rdgrnr gets a mulligan on this one.

Comment #69

NearNewBrit — Wed, 30 Nov 2011 00:22:41 GMT

To me the scoreboard reads: Mario38 1, rdgrnr 0

Comment #68

NearNewBrit — Wed, 30 Nov 2011 00:12:45 GMT

re: the final quote in your post...

This runs counter to what former CT Attorney General Blumenthal had said when some similar claiming controversy arose elsewhere in the USA a few years ago. I remember he said that only (an) individual('s) name(s) can appear on the winning ticket or otherwise make the claim. No trusts or group affiliations.

I now have to wonder if he was wrong, or has something changed

Comment #67

rdgrnr — Wed, 30 Nov 2011 00:03:14 GMT

Nope, that ain't it either.

Comment #66

JonnyBgood07 — Tue, 29 Nov 2011 23:19:53 GMT

was just watching this on the news but my kid got loud so I went to the local newstations website...

Gladstone told ABC News; The plan was to keep all this private. You've seen people pry into other people's lives. They want to protect their client. Gladstone says one of the three men admitted to him that they claimed the winning ticket for a client. These are smart guys, they want to turn the hundred million into three or four hundred million, he said. Connecticut Lottery Corporation Pr... [ More ]

Comment #65

Mario38 — Tue, 29 Nov 2011 23:12:21 GMT

Here is an extension of my original theory the asset managers are acting for an anonymous winner. This also explains why they did not use a trust and it took so long to claim the ticket.

Keep in mind the 3 asset managers claimed the money in their names meaning they have to pay the taxes.

They bought the ticket from the original winner.

They may be able to pay the winner more money after taxes than the winner could have gotten from the state. Why? Because the asset managers may be... [ More ]

Comment #64

JAP69 — Tue, 29 Nov 2011 22:57:04 GMT

If they are a front for someone the I R S will know who the winner is.

Comment #63

JAP69 — Tue, 29 Nov 2011 22:51:10 GMT

Being financial managers or a millionaire who purchased and needing only one ticket to win in this game they got a larger return on their investment for $0.33.333 or one dollar for the millionaire.

Pays to be a financial manager to get best return for your investment.

I have done work for supposedly wealthy individuals and they will nickle and dime you to death.

Comment #62

rdgrnr — Tue, 29 Nov 2011 22:42:12 GMT

That's the rumor.

Comment #61

rdgrnr — Tue, 29 Nov 2011 22:38:17 GMT

Please let Congress know where you get those $6 cupcakes.

Cuz we're currently paying $16 each for their cupcakes.

And we have to borrow money from the Chinese to do it.

Comment #60

rdgrnr — Tue, 29 Nov 2011 22:33:23 GMT

Thank God they didn't get into a pool.

One ticket is all it takes.

Single players win waaaaaaaaay more often than pools which hardly ever win.

So I agree with you, no pools.

Comment #59

rdgrnr — Tue, 29 Nov 2011 22:30:29 GMT

Louise, you think these guys are slick.

They are.

But they're even slicker than you think they are.

Comment #58

rdgrnr — Tue, 29 Nov 2011 22:25:12 GMT

THRIFTY! I'm shocked and appalled!

Just look at the two of you

Comment #57

ressuccess — Tue, 29 Nov 2011 21:47:53 GMT

Congratulations on these PB winners.

Comment #56

Win$500Quick — Tue, 29 Nov 2011 20:23:24 GMT

The way we look at it is it's just another example that anyone can win the lottery, Farricker said.

Something to keep in mind whenever you buy a ticket.

Comment #55

louise black — Tue, 29 Nov 2011 18:12:25 GMT

Now! Rdgrnr isn't it ironic that they did exactly what you said, who in their right mind would do you got to admit it was a little suspicious.

Comment #54

NoShame — Tue, 29 Nov 2011 18:00:13 GMT

I dunno why they couldn't just say they were representing someone else. I guess they thought they were protecting the actual winner this way. If only people would just respect the fact that winners want to be private for a reason but everyone thinks that anyone who tries to claim a jackpot anonymously is somehow corrupted covering up something. Um...no, it's because we don't want strangers and charities begging and harrasing us for money

Comment #53

Cmcristo — Tue, 29 Nov 2011 17:39:34 GMT

Two things:

1.) I know some of you are just like me. Pissed. Pissed that three financially well off guys with great jobs/careers won a fairly large sum in the lottery by purchasing one ticket. And of course, you're not alone. But the fact of the matter is that if you and I believe that the lottery is a truly random game; they have every right to win and this is actually a great thing. Whether you are a charitable millionaire or a greedy convicted felon, once you purchase your ticket or t... [ More ]

Comment #52

VAHopeful — Tue, 29 Nov 2011 15:50:11 GMT

Thanks for the link

Comment #51

Mario38 — Tue, 29 Nov 2011 14:37:54 GMT

I think 1 ticket. I think they are the kind of player that buys a single ticket for every draw.

Good luck.

Comment #50

THRIFTY — Tue, 29 Nov 2011 14:33:01 GMT

1 Quick Pick Ticket Or more tickets bought? What do you think? Great call Mario, do not let ridge see this.

Comment #49

Mario38 — Tue, 29 Nov 2011 14:18:29 GMT

Who was the first to call it

Comment #48

Starr920 — Tue, 29 Nov 2011 13:02:53 GMT

Thanks Todd

Comment #47

Todd — Tue, 29 Nov 2011 12:47:58 GMT

Well, it's not proven with 100% certainty at the moment, but it is a solid working theory: https://www.lotterypost.com/news/239509

Comment #46

Starr920 — Tue, 29 Nov 2011 12:42:17 GMT

That's exactly what happened. The real winner is a rich client who wants to remain anonymous and, from what I've read, does not plan to give most of the money to charity.

Comment #45

GiveFive — Tue, 29 Nov 2011 12:39:00 GMT

If this isnt an answer to the question; Do wealthy people play the lottery? , then I dont know what is!

For those of you that dont know the general area where Greenwich is located here's a few facts for you:

Geeenwich is the western most town in The Connecticut Panhandle bordering on The State of New York. It's the westen edge of The Gold Coast of Connecticut , which extends along Long Island Sound to it's eastern edge in Fairfield, Ct. The Gold Coast contains towns such as Stamford (aka W... [ More ]

Comment #44

Todd — Tue, 29 Nov 2011 12:35:54 GMT

I believe this is what is actually happening. It's fairly brilliant. It's like a double-blind trust. The lawyer is the only one who speaks - on behalf of three asset managers. So the real winner is two levels deep, and doesn't even need to show their face at all. Which is also probably why they won't speak about the circumstances surrounding the purchase of the ticket.

Comment #43

Starr920 — Tue, 29 Nov 2011 11:53:45 GMT

Looks like you're not the only one thinking that way - Good Morning America on whether money managers are the real winner

Comment #42

KY Floyd — Tue, 29 Nov 2011 07:03:17 GMT

http://www.lmgtfy.com/?q=benefits+of+trusts

Comment #41

OldSchoolPa — Tue, 29 Nov 2011 06:33:51 GMT

For the life of me, I cannot understand why people like this believe that ALL or MOST people who work hard in the right professions and earn a better than average wage and become relatively wealthy are greedy???!!! So what does that make people who either do not work hard or seek to work in professions that make it highly unlikely they will ever become wealthy unless they win either a huge lawsuit or lottery jackpot? Lazy???!!! People make an ass of themselves when they assume such generalities.... [ More ]

Comment #40

zinniagirl — Tue, 29 Nov 2011 06:10:39 GMT

No where does it state that they only bought the one ticket. A lot of people buy multiple single line tickets. This way they can hide how much they actually spent when they win .

Good for them

Comment #39

rdgrnr — Tue, 29 Nov 2011 06:05:03 GMT

Well, it'll all come out in the wash and we'll see.

Goodnight, Louise.

Comment #38

louise black — Tue, 29 Nov 2011 05:42:49 GMT

Right ,but nor am i a granny ,you can bet ur old kentucky on that! Enough about me there is something going on , we may not never know or should i say find out ,but there is definitely something a little curious.

Comment #37

rdgrnr — Tue, 29 Nov 2011 05:35:01 GMT

C'mon now Louise, you ain't no spring chicken now. Right

Comment #36

Mario38 — Tue, 29 Nov 2011 05:33:44 GMT

All three work for a boutique money management firm in Greenwich...

Like I wrote earlier, do not believe everything you read.

Comment #35

rdgrnr — Tue, 29 Nov 2011 05:25:50 GMT

Nah, you're conspiracy hunting, Louise.

These are 3 buddies who made a deal to split if any one of them ever happened to win the big one. I've done it before myself (Usually when I'm drunk).

Who in their right mind is gonna turn over 254 million dollars to some asset managers? And two from one company and one from another company?

Nah.

The only scenario I could see in a conspiratorial way is if it was a clerk who stole the ticket from someone else and gave it to them to cash. But the... [ More ]

Comment #34

THRIFTY — Tue, 29 Nov 2011 05:21:54 GMT

I was not dreaming. Three guys won the $254.2 Millions Powerball Jackpot with 1 Quick Pick Ticket in Connecticut

Comment #33

louise black — Tue, 29 Nov 2011 05:12:59 GMT

You have got 2 be kidding right

Comment #32

louise black — Tue, 29 Nov 2011 05:09:25 GMT

Hold on! Rdgrnr not so fast come to think about it, I thought they spend a few bucks or they all had winning tickets. A single ticket come on, their either doing as someone said earlier to get better taxes break on their win or something else is going down. They did say they would give some to charity so they can't be all bad or Republicans.

Comment #31

faber98 — Tue, 29 Nov 2011 05:02:59 GMT

carry the logic a bit further. they would know the ramifications of the purchaser who paid the 1.00 for the ticket possibly claiming that he didn't receive the pocket change from the others and wants it for himself. they actually created a pool when the 3 of them pulled up for gas. it would only make sense for them to throw in 1.00 each for 3 tickets so there could by no doubt about ownership. being smart investment guys they would know that. postivie now they are claiming it for someone else. n... [ More ]

Comment #30

rdgrnr — Tue, 29 Nov 2011 05:00:28 GMT

Now Louise, you know you too old to be thinkin about them thirty-something guys.

Comment #29

louise black — Tue, 29 Nov 2011 04:55:47 GMT

Comment #28

louise black — Tue, 29 Nov 2011 04:55:06 GMT

Comment #27

faber98 — Tue, 29 Nov 2011 04:51:40 GMT

it does seem a little suspicious that these investment guys split 1 ticket three ways. i mean what did two of them give the buyer .33 or .34 cents each when he went up to pay for the gas. highly unlikely they payed cash for the gas anyway and wouldn't have bother to go inside. absolutely are claiming for someone else in return for handling the money and protecting the identity of the winner.

Comment #26

rdgrnr — Tue, 29 Nov 2011 04:49:23 GMT

No, but that sounds interesting, thanks for the idea, buckeye

Comment #25

rdgrnr — Tue, 29 Nov 2011 04:47:51 GMT

Well, thank you, weshar

Comment #24

rdgrnr — Tue, 29 Nov 2011 04:45:40 GMT

LOL, ya got a good point there, RJ

Comment #23

rdgrnr — Tue, 29 Nov 2011 04:43:03 GMT

Nah, that ain't it.

Comment #22

Mario38 — Tue, 29 Nov 2011 04:36:06 GMT

Everyone seems to believe the story exactly as written. Think again!

Three guys each contribute 33.3 cents to buy a lottery ticket? It took them this long to claim the ticket? Not likely!

They are most likely claiming the ticket for someone else that wants to remain annoymous. They are doing this for the secret winner in exchange for the real winner agreeing to invest a lot of the money in their firm. The 3 so called winners are exactly the type of people a winner may visit to help with th... [ More ]

Comment #21

bigdreams — Tue, 29 Nov 2011 04:30:17 GMT

Comment #20

rdgrnr — Tue, 29 Nov 2011 04:29:14 GMT

Who, me

Comment #19

louise black — Tue, 29 Nov 2011 04:27:08 GMT

Congrat! to the trio, they look very nice especially the thirty something guys. My question is why are you people injecting politics in this, the people saying these things could not be poor or ow,everything that sound one way may look totally different.

Comment #18

malin1257 — Tue, 29 Nov 2011 04:22:07 GMT

This is not an accusation! I believe something shady is going on with the big lotteries. Reread the article and pay close attention to all involved.

Comment #17

jeffrey — Tue, 29 Nov 2011 04:11:01 GMT

remember the novel 1984, all the winners were created and non-existant. this was a ploy to reduce consumption

Comment #16

rcbbuckeye — Tue, 29 Nov 2011 04:04:33 GMT

OMG Ridge.... what are you doing??? Mixing 'shine with Jack??? LOL.

Comment #15

weshar75 — Tue, 29 Nov 2011 04:01:36 GMT

You are a crack up RDGRNR!-weshar75

Comment #14

Piaceri — Tue, 29 Nov 2011 03:56:23 GMT

rdgrnr -- -- jealous losers

Comment #13

rdgrnr — Tue, 29 Nov 2011 03:54:12 GMT

It's good that rich guys won. I think we can all agree on that.

When poor people win, they should have the money taken away from them and put in a trust fund so they don't blow it all right away. Then they can be allotted so much a week to get by and not enough for any stupid purchases like fancy cars or anything like that. They need to have someone in charge of their money so they don't get goofy with it.

I think 200 bucks a week should be plenty.

And there should be a law that they ha... [ More ]

Comment #12

Piaceri — Tue, 29 Nov 2011 03:53:56 GMT

Bitter? Jealous much? You need to see someone about that, dude, these winnings do not belong to you. No one checks anyone's paystub before selling lottery tickets. Better head back to OW before they take your tent down.

Congrats to the winners. It sounds like they will be doing much in the way of charity with this.

Hopefully these idiots who think they are owed something from hard working people who have done well in life will leave these guys along. I'm afraid that won't happen, esp... [ More ]

Comment #11

weshar75 — Tue, 29 Nov 2011 03:44:16 GMT

Congrats to the winners. I will get the next jackpot and enjoy it.-weshar75

Comment #10

RJOh — Tue, 29 Nov 2011 03:23:24 GMT

Even if the winners had been poor people, they wouldn't have been after claiming their winnings.

Comment #9

TheGameGrl — Tue, 29 Nov 2011 03:08:40 GMT

IT was claimed fair and square, sorry that such jealousy runs rampant when the person(s) happen to have common sense and KNOW how to manage money in these times. Silly that folks cannot speak well of such fortune when it comes to persons who can invest properly. I'm sure the Store owner will invest his well by placing it in his pocket and in essence NOT sharing the wealth. At least these guys were straight up and are giving back to causes. Pity that it cannot be respected.

I respect them for... [ More ]

Comment #8

joshuacloak — Tue, 29 Nov 2011 02:27:08 GMT

VAHopeful, they could of did a blind trust, or some muti trusts way, no one would of got their names!

the lawyer is real claimer for trust, they never had to show up them self's! only lawyer

someone got to point this out as will.

for a group of people who manage the assets of individuals and institutions

their oftenly stupid, for not claiming within first 2 weeks

as lottery was earning bank interests past 2 week point, , as all money is within 1 account lottery hol... [ More ]

Comment #7

VAHopeful — Tue, 29 Nov 2011 02:13:55 GMT

Anyone who knows about these things, if they obviously had to reveal names and give press conference, why did they create a trust instead of just having lotto cut 3 checks

Comment #6

rdgrnr — Tue, 29 Nov 2011 02:04:50 GMT

God bless the rich.

Ya gotta love em.

Comment #5

earthdragon72 — Tue, 29 Nov 2011 01:59:25 GMT

Wait so what happens to the other 2 people who claimed that they lost their ticket? Will they be arrested or what

Comment #4

s5thomps — Tue, 29 Nov 2011 01:48:30 GMT

Goes to show U that anyone can win. Just happened to be rich Wealth managers. (oh the irony

Comment #3

CLETU$ — Tue, 29 Nov 2011 01:47:45 GMT

Does this mean that the 2 guys who claimed that they lost the winning ticket don't get anything but their 15 + minutes of fame?Fame and NO fortune,bummer!Kind of bass ackwards if you ask me.

Comment #2

rdgrnr — Tue, 29 Nov 2011 01:40:14 GMT

I'm glad these guys won it.

I can't stand poor people.

They stink.

Comment #1

B$Rizzle — Tue, 29 Nov 2011 01:23:42 GMT

a SINGLE ticket! Love it.

Goes to show buying 10, 20, 30+ tickets doesnt mean a dayum when it can be won with a single buck.

Congrats to these guys. Still, my favorite part is they pulled it off with a single QP

$254M Ct. Powerball jackpot claimed by 3 asset managers

Lottery Post — Tue, 29 Nov 2011 01:12:55 GMT

Includes video report

The mystery winners of a $254 million Powerball jackpot, a record for Connecticut, need only look in the mirror for wealth management advice.

All three work for a boutique money management firm in Greenwich, which has fewer assets under its control ($82 million) than their newfound winnings.

Greg Skidmore, Brandon Lacoff and Tim Davidson of Belpointe LLC revealed themselves as the winners during a check presentation Monday at the Connecticut Lottery headquarters in... [ More ]