Did the couple even consider calling a lawyer??

Reply #9

haymaker — Mon, 03 Dec 2012 00:15:14 GMT

Do you know if the perposal for 1 year anonynimty passed in our state ?

after that one article was published on here, I did'nt hear any more about it.

even on the states website.

Reply #8

whiteballz — Sat, 01 Dec 2012 14:44:09 GMT

There is no difference if you claim the day after the drawing if you can't be anonymous. Like I wrote, it takes about 4 to 6 weeks for the money to be made available to you. You can make plans, talk to lawyers and get everything in order during the 4 to 6 weeks.

What difference would it make if you get your phone turned off before your name has been released to the newspapers or after? Start the claims process in the morning and call the phone company to cancel your phone in the afternoon. No... [ More ]

Reply #7

LottoBoner — Sat, 01 Dec 2012 08:56:55 GMT

Did you try the airport

Reply #6

KY Floyd — Sat, 01 Dec 2012 07:40:01 GMT

I don't see any advantage in delaying the claims process whatsoever unless you bought the ticket in one of the very few states that allows anonymity.

I'd say you've got that completely backwards. If you can remain anonymous you can claim the prize and make some plans while waiting for the money to be transferred. When you can't be anonymous you want the time to get things in order. These people probably didn't even get their phone turned off before rushing to claim the prize.

they live i... [ More ]

Reply #5

billionaire2bee — Sat, 01 Dec 2012 05:51:11 GMT

Maybe they decided to not overthink it and just claim their money....I mean they live in a town with 458 people in it who the heck doesn't know they won.....the only reason I would have waited longer is my brother would have to fly in from out of town to claim it with me and my sisters....otherwise I'd have been there when they opened the door the next morning...LOL

Reply #4

whiteballz — Sat, 01 Dec 2012 04:27:42 GMT

I don't know where you got that idea that you pay less to redistribute money to people using a company. When you get money from a company, the IRS considers that taxable income. So by claiming the money with a company and then giving money to someone, you've shifted the tax burden from yourself to that person.

If you're planning to give a large amount of the winnings to family members, you can file a multiple ownership claim. Your family member will get the money directly from the lottery com... [ More ]

Reply #3

WaLottoDude — Sat, 01 Dec 2012 04:06:48 GMT

Well my assumption would be taxes. For instance I assume that claiming as a company (LLC or what have you) you would have to pay less money than an individual to redistribute the money to loved ones and charities etc.

Whereas if you claim as John Smith then want to give your parents money you're bound by the Gift tax and other things. I'm pretty sure to move the money from an individual to the set company would cause more taxes to be taken out as well.

I've never contacted a lawyer and... [ More ]

Reply #2

whiteballz — Sat, 01 Dec 2012 03:58:58 GMT

I already know the laws in my state about public disclosure. The lottery commission is obligated by law to release the name of the jackpot winner but attending a press conference is a choice. If I win, I'm claiming as soon as possible and I'll skip the press conference.

People will know your name but not your face. If you have a common enough name like Dave Smith, you can just tell people you are not Dave Smith the lottery winner, that is some other Dave Smith.

As far as putting the money... [ More ]

Reply #1

Original Bey — Sat, 01 Dec 2012 03:39:02 GMT

Attornies and Financial Planners treated their requests as prank calls and hung up the phone. So they decided to claim and make a big splash and have the clowns hunt them down.

Those thieves must be kicking themselves right about now.

Did the couple even consider calling a lawyer??

bigboy90000 — Sat, 01 Dec 2012 03:35:52 GMT

It seems kind of crazy that they only waited less than 24 hours to claim this money.Planning is key before you can even begin to take the check .My first question would be how can we get away with this money and not have my name in the public eye.Second what are my options to put this money to work .Third question how much to retain you guys for future litigation purposes .Fourth wheres a jet to take me out of the country.