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Annuity or Cash??Reply
OK Guesser, this is the prime reason for anyone who wins a MM or PB Jackpot to get a lawyer and a financial adviser before claiming the winnings! BTW I will have all of those people in place before going to claim the Jackpot! That way all of my bases are covered before claiming the Jackpot! Ownership Categories Revocable Trust Accounts This section explains FDIC insurance coverage for revocable trust accounts, and is not intended as estate planning advice or guidance. Dep
May 14, 2010, 2:37 pm - BaristaExpress - Jackpot Games Forum

Lottery funds misusedNews Story
Records show proceeds spent in ways not endorsed by votersA multimillion-dollar state lottery fund that is supposed to pay for parks and recreation is being used for everything from cellphone bills to air conditioners and Christmas parades.The Conservation Trust Fund is a $43 million pool of lottery profits that, according to state law, is to be given to local governments and used only for the acquisition, development and maintenance of new conservation sites or for capital improvements or main
Nov 10, 2003, 5:02 am - Todd - Lottery News

keep your name private?Reply
Not a blind trust , an inter vivos (living) personal property trust (revocable). You would be involved in the entire process, not just as a beneficiary, but also as a Grantor (person who creates the trust), Trustee (person who manages the trust in accordance with the grantor's requests), and the beneficiaries would be immediate family or anyone else you wanted to name.Some issues would be1. Successor trustee (someone to take over if you happen to become incapacitated or die, usually a spouse, b
Jan 21, 2004, 6:51 am - hypersoniq - Lottery Discussion Forum

Is it worth going to an anonymous state?Reply
trust parties can remain anonymous, it's not a matter of public record.a personal property trust (the one best suited to claiming a lottery win) is an asset protection document. The IRS knows who you are for tax purposes, they don't post that info anywhere. The trust is a cleverly worded document that needs no further action than the stamp of a notary to execute. Grantor/Trustee/Beneficiary info is not a matter of public record either.Owners of multiple rental properties utilize the personal pro
Nov 18, 2005, 9:16 pm - hypersoniq - Lottery Discussion Forum

trust
Hi everyone. This is long. Please share your thoughts. The customary approach would be to establish two (2) trusts. The first trust would be, with the grantor's/winner's name (e.g., your name) disclosed on the face of the trust agreement. However, when a lottery claim is made by a blind trustee , it is not unusual for the lottery commission involved to require the trustee/claimant (who is the agent for the undisclosed/anonymous actual winner) to provide a copy of the trust ag
Mar 1, 2010, 8:42 pm - hope - Lottery Discussion Forum

Claiming Anonymously and keeping your winnings! (a paranoid approach)
Hi Everyone, I'm a Longtime LotteryPost reader, first time contributor. I've been visiting this site and Todd's USA Mega for at least 5 years, been playing the lotto a lot longer than that. This probably seems like a big pretentious first post, but I joined because I wanted to share some thoughts and info I've accumulated over the years, if you don't mind. This is an awesome community and I love hearing your thoughts and rhetoric over the forum topics here, so I'd love to share one more, if y
Apr 29, 2012, 7:01 pm - PeteLawson - Lottery Discussion Forum

Blind Trust States or Name Change?Reply
or do it the evil way a trust within a trust did you know past winners, have 1 main trust claim it, it paid the taxes, then within that trust, was other trusts, one was for family bills, a other was health care trust, higher ed trust, etc am for real, you could hide, they can have the Name of the trustee, the lawyer of the frist trust, and have the names of the other trusts the lottery and everyone else, won't have the 2nd trust papers to hold the property for the benefi
Jan 4, 2011, 4:52 pm - joshuacloak - Jackpot Games Forum

How to Remain Anonymous?Reply
Quote: Originally posted by michiganplayer on February 27, 2004 What must I do to set up a trust?You need to have a trust drafted, then have it notarized, that's it... although you need the help of a good lawyer to make sure it is iron clad and accurately does what you want it to...The lawyer does NOT need to know it is for collecting a winning lottery ticket...you could set one up for $1 and any assets the grantor sees fit to add to the trust at a later date Who do I go and see to set up a tru
Feb 27, 2004, 3:01 pm - hypersoniq - Lottery Discussion Forum

Lottery winners use wacky names to claim prizesNews Story
An older gentleman walked into Cincinnati attorney John Brinker's office a few years ago seeking some help. He had won $656,000 through the Ohio Lottery's Rolling Cash 5 game and wanted to preserve his anonymity. Ohio allows trusts to claim lottery prizes so the identity of big winners can remain a secret. The man needed a proper name for his trust. Brinker looked the winner up and down and, on the spot, came up with the perfect name The Wish This Had Happened Sooner Trust. The mon
Feb 6, 2019, 9:13 am - Todd - Lottery News

Do You Listen To Your Gut?Reply
Trust your gut, trust your instincts.
Dec 14, 2025, 9:54 pm - grwurston - Lottery Discussion Forum