Texas trust claims second half $1.8 billion Powerball lottery jackpot

Comment #11

Artist77 — Sat, 18 Oct 2025 10:47:49 GMT

Just a reminder that some states do not allow winnings to be claimed with a trust.

Comment #10

Brock Lee — Sat, 18 Oct 2025 05:37:54 GMT

when i win i will name my trust after the first thing i see when i open my front door.

*opens door*

two skunks wrestling by the trash cans trust

Comment #9

KY Floyd — Sat, 18 Oct 2025 05:30:50 GMT

Did the winner have to form a trust to claim the prize?

There's no reason that a winner would be required to form a trust or an LLC to claim a prize but there are plenty of good reasons to do it. Among other things, both are separate legal entities (you remember corporations are people, my friend ?) so the actual winner has access to the deep pockets but doesn't actually have deep pockets that are potentially accessible to anyone who files a lawsuit. It also lets you avoid probate.

the... [ More ]

Comment #8

Artist77 — Wed, 15 Oct 2025 10:47:12 GMT

If the state lottery allows a trust to claim winnings, which obviously they did, there would be no justification that I am aware of to open an investigation. The trust collected the winnings. It is an investment firm.

The trust was not created to play the lottery. The state lotteries do not control where you deposit and invest your winnings.

Comment #7

noise-gate — Wed, 15 Oct 2025 01:50:43 GMT

* l wonder if the Texas lottery is going to open up an investigation into this Trust outfit? They love stirring the pot, just look what they put that poor TX woman through..

Comment #6

Artist77 — Tue, 14 Oct 2025 23:38:20 GMT

Ohhh that is smart. Park all the money with the investment firm while you decide what purchases or other investments to make. Then the money transfers for purchases will show the source of funds as being from the investment firm. People will just assume you made your $ from investing or family wealth.

Comment #5

sully16 — Tue, 14 Oct 2025 23:06:53 GMT

Interesting tidbit, Woodlands Texas, 7 bridges Capitol Partners with offices in Mexico, Columbia and Brazil.

Congrats to whomever won the money.

Comment #4

Artist77 — Tue, 14 Oct 2025 21:45:29 GMT

I think so too. Even in an anonymous state, I would plan to see if the state would allow me to use a trust to claim a huge jackpot. Muddying and distancing that chain of custody to my name...lol.

Comment #3

Brock Lee — Tue, 14 Oct 2025 17:32:47 GMT

good question. the name of the trust suggests it could be a seven person pool.

Comment #2

rundown99 — Tue, 14 Oct 2025 16:45:06 GMT

I have a question. Did the winner have to form a trust to claim the prize? I thought Texas allowed winners to remain anonymous. What are the benefits of using a trust in this instance

Comment #1

welington — Tue, 14 Oct 2025 14:05:41 GMT

As they say everything big happens in Texas. congratulations to the big winner

Texas trust claims second half $1.8 billion Powerball lottery jackpot

Lottery Post — Tue, 14 Oct 2025 13:08:50 GMT

Winner is from a family looking to serve their community while enjoying privacy

By Kate Northrop

A Texas trust has stepped forward to claim the second half of the historic $1.787 billion Powerball lottery jackpot, just a couple weeks after the Missouri winner had claimed their share.

On Monday, the Texas Lottery announced that a trust has claimed their share of the $1.8 billion Powerball jackpot and plans on using their lottery winnings to serve their community.

The winner has fi... [ More ]