If you won a lottery jackpot..........Prev TopicNext Topic

• PrisonerSix

  

  Baton Rouge, LA
  United States
  Member #4,602
  May 7, 2004
  1,192 Posts
  Offline
  Mar 28, 2005, 2:01 pm

  ▲▼

  Quote: Originally posted by rundown99 on February 18, 2005
  

  ---

  
  
  

  Despite the option of forming a blind trust and remaining anonymous, it seems like many people are going public instead.  What are your thoughts?

  
  

  ---

  
  

  
  

  
  I think it varies depending on the state.  In some states, a trust or LLC can be used to claim winnings, while in others it cannot.

  In my state, winnings can be claimed through a trust and that is how I would do it.  I wouldn't do the press conference, interviews, or anything like that.  I wouldn't go too wild in the beginning with the money, but I would probably pay off the house and the 2 cars we owe money on, and some other debts we have.

  I remember reading a story about one big winner in Louisiana who found himself being hounded by people with sob stories, business ventures, charities, and so on.  I wouldn't want to deal with that, which is why I'd stay anonymous.

  PrisonerSix
• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
  Offline
  Mar 30, 2005, 12:10 pm

  ▲▼

  Sometimes you don't have a choice.
• rundown99

  

  United States
  Member #567
  August 14, 2002
  526 Posts
  Offline
  Mar 30, 2005, 12:15 pm

  ▲▼

  But in Ohio, there have been plenty of anonymous winners who have formed a trust to claim the prize.

  Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

  If you ever win a lottery and you are single, the only person you should ever marry is someone who was truly in love with you BEFORE you won the jackpot!

  People can talk about strategies and gimmicks all they want, but unless your ticket actually matches at least 5 of those 6 balls, you are just another person who tried to win a game yet ultimately failed.
• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
  Offline
  Apr 3, 2005, 1:14 pm

  ▲▼

  Since I already am part of a trust, I probably wouldn't be able to keep a win secret.
• TNPATL

  

  New York, NY
  United States
  Member #13,514
  April 7, 2005
  235 Posts
  Offline
  Apr 8, 2005, 12:44 pm

  ▲▼

  I wonder what the rules are for Atlanta?  I would want to stay private.  I would have to change my number with the quickness!!!  I know too many people in NY and ATL.  I would have to go into hiding!!!! 
• rundown99

  

  United States
  Member #567
  August 14, 2002
  526 Posts
  Offline
  Apr 8, 2005, 3:40 pm

  ▲▼

  Actually, I emailed the Iowa Lottery and asked them whether or not a trust can be formed to claim a prize, and this is what they told me:

  
  

   

  
  

  Thank you for contacting us.  Iowa state law dictates that lottery officials cannot keep winner information secret. However, winners do not have to appear before the press or even show up in person to get their check. To our knowledge, only one Powerball member lottery currently permits winners to remain anonymous (Delaware).

  
  

   

  
  

  State lawmakers want the public to know that the lottery is honestly run. This way, the public can be assured that the prizes are being paid to a real person. We understand your privacy concerns. We recommend that all winners contact an attorney and a financial advisor prior to claiming their prize. Any privacy concerns you may have can be addressed with your attorney.

  
  

   

  
  

  Thanks for playing!

  Smart lottery winners form trust to claim their winnings.  They send an attorney to the lottery headquarters to claim the prize in trust, so that ONLY the name of the trust is revealed.  And they tell NO ONE, especially relatives.

  If you ever win a lottery and you are single, the only person you should ever marry is someone who was truly in love with you BEFORE you won the jackpot!

  People can talk about strategies and gimmicks all they want, but unless your ticket actually matches at least 5 of those 6 balls, you are just another person who tried to win a game yet ultimately failed.
• TNPATL

  

  New York, NY
  United States
  Member #13,514
  April 7, 2005
  235 Posts
  Offline
  Apr 11, 2005, 2:59 pm

  ▲▼

  I should email and see what kind of response I would get. I would have to collect my winnings with a wild wig, and sun glasses!!!!
• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
  Offline
  Apr 23, 2005, 12:17 pm

  ▲▼

  Maybe I would too.
• Whirlwind

  

  Pensacola Florida
  United States
  Member #12,418
  March 13, 2005
  146 Posts
  Offline
  Apr 23, 2005, 7:13 pm

  ▲▼

  I would want to stay quite except fromthe group here.... Heck I would have people I have no clue about clamming to be kin to me with hands out......
• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
  Offline
  Apr 26, 2005, 4:47 pm

  ▲▼

  I wouldn't be able to hide behind my trust.
• ty21860

  

  columbia,sc
  United States
  Member #8,188
  October 27, 2004
  13 Posts
  Offline
  Apr 27, 2005, 4:42 pm

  ▲▼

  I would go public with it and just laugh at people who ask you for something that you hardly even know or they act like you have always been friends.
• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
  Offline
  Apr 29, 2005, 3:55 pm

  ▲▼

  I would too.