The $75 million Lotto Texas jackpot won earlier this month was claimed by a business partnership, which can help protect the privacy of the winner.
Panjo Investments Ltd. claimed the April 7 jackpot, Texas Lottery Commission spokeswoman Leticia Vasquez said Thursday.
The winning ticket was a quick pick, meaning a computer chose the numbers.
The winner chose the cash-value option amount of $45 million. The $75 million jackpot was the largest for the Texas Lottery in the past 2 1/2 years.
John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket. Tremarcor is a general business partner of Panjo Investments Ltd., Vasquez said.
Panjo Investments, as the winner, requested minimal publicity, she said.
"This is one of those cases when someone comes in and doesn't even want to talk to us. It's a partnership inside the corporation," she said.
Vasquez said the only information the Lottery Commission can release when a winner requests minimal publicity is the winner's name and the city where he resides.
Stanford does not have a listed telephone number.
Lottery jackpot winners forming corporations is not new, Vasquez said.
"People do that for a variety of reasons," she said. "Most of them have to do with ensuring that they get the biggest bang for their buck over the longest period of time.
"Basically, they are just trying to take care of their money by claiming it through a partnership, rather than claiming such a huge prize as an individual."
The winning ticket was purchased at the Quick Mart at 2100 Marina Bay Drive in League City.
The convenience store, as the seller of the winning ticket, is eligible to receive $500,000.
That is the maximum retailer bonus for selling the winning Lotto Texas ticket.
It seems that a lot of lotto winners are concerned about their privacy, which makes sense, but I think they are an untapped entertainment resource. I would love to see an E, VH1, or MTV reality show that followed around a large lotto jackpot winner for the 1st year after their win. I'm 28, I work in marketing, and am in the reality show generation, so I think it would be a big hit since people are always curious about lotto winners, especially when the jackpots are very large, but I think it would only work if the winner was young, and willing to become a celebrity of course. Anyhow, I just thought I'd voice an idea.
Quote: Originally posted by MissNYC on Apr 28, 2007
It seems that a lot of lotto winners are concerned about their privacy, which makes sense, but I think they are an untapped entertainment resource. I would love to see an E, VH1, or MTV reality show that followed around a large lotto jackpot winner for the 1st year after their win. I'm 28, I work in marketing, and am in the reality show generation, so I think it would be a big hit since people are always curious about lotto winners, especially when the jackpots are very large, but I think it would only work if the winner was young, and willing to become a celebrity of course. Anyhow, I just thought I'd voice an idea.
that is a great idea and im also 28 and i understand why people want privacy but some lotto winners really would like the reality tv fame. most of the winners are older than 28 so you may have to expand your idea to include older winners who already have families because i dont know anyone else my age or younger who plays the lottery except me. most of my friends feel like its a waste of money and i see people 40 and over who have hope to at least try buying a few tickets when the jackpot is large but finding a young jackpot winner who wants to be on tv may be hard unless you go that golds gym guy who won the lottery because he wants to be a billionaire and he is always on tv im sure he is already planning a tv show and i think he is in his mid 30's....
Quote: Originally posted by tnlotto1 on Apr 28, 2007
that is a great idea and im also 28 and i understand why people want privacy but some lotto winners really would like the reality tv fame. most of the winners are older than 28 so you may have to expand your idea to include older winners who already have families because i dont know anyone else my age or younger who plays the lottery except me. most of my friends feel like its a waste of money and i see people 40 and over who have hope to at least try buying a few tickets when the jackpot is large but finding a young jackpot winner who wants to be on tv may be hard unless you go that golds gym guy who won the lottery because he wants to be a billionaire and he is always on tv im sure he is already planning a tv show and i think he is in his mid 30's....
LOL It seems like Golds Gym is the same no matter where you live! You're right though, I don't remember someone under 30 every winning a large powerball or mega millions jackpot, but if they did, I think they'd be more interesting to watch than an older family, but hey, my family has always been nuts, so we could have probably been a show when I was a kid.
Quote: Originally posted by MissNYC on Apr 28, 2007
It seems that a lot of lotto winners are concerned about their privacy, which makes sense, but I think they are an untapped entertainment resource. I would love to see an E, VH1, or MTV reality show that followed around a large lotto jackpot winner for the 1st year after their win. I'm 28, I work in marketing, and am in the reality show generation, so I think it would be a big hit since people are always curious about lotto winners, especially when the jackpots are very large, but I think it would only work if the winner was young, and willing to become a celebrity of course. Anyhow, I just thought I'd voice an idea.
Definitely not. If I won a large jp I would desire to be left alone. I don't want my 15 minutes of fame nor dealing with nosy reporters.
People win these things almost every week. The winners lives are nobody's business except their own !
"John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket "
What ARE THE DAMN ODDS, the President of a Corporation (Ltd/LLC) will win the lottery...Deep inside for 1 year now i was praying deep inside of me for this to never happen...It just proves the corruption.....Of all the cases where i've been paranoid about, none come close to this one...What are the odds..It just proves that they are corrupted i don't care who says what...That president did it to beat the odds...Also depends with how many tickets he did it...Because a president of a company can play more tickets, he may have a point...But if he bought only 1 single ticket...I say he did it to feel himself on top of the world, so he can later say i beat the biggest odds in the world.....All i needed now is for the president of the Texas lottery to be a hipanic women....All i need now is for the President or First Lady to win Millions of dollars in the lottery...
Quote: Originally posted by pumpi76 on Apr 28, 2007
"John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket "
What ARE THE DAMN ODDS, the President of a Corporation (Ltd/LLC) will win the lottery...Deep inside for 1 year now i was praying deep inside of me for this to never happen...It just proves the corruption.....Of all the cases where i've been paranoid about, none come close to this one...What are the odds..It just proves that they are corrupted i don't care who says what...That president did it to beat the odds...Also depends with how many tickets he did it...Because a president of a company can play more tickets, he may have a point...But if he bought only 1 single ticket...I say he did it to feel himself on top of the world, so he can later say i beat the biggest odds in the world.....All i needed now is for the president of the Texas lottery to be a hipanic women....All i need now is for the President or First Lady to win Millions of dollars in the lottery...
Corruption everywhere....
"The Truth is Out There" from movie "The X-Files"
Thank U pumpi76:
YOU>>>>>>>>>SAID it WELL>>>>>>>>>>>!!!!!!!!!!!!!!!!!!!!!!!!!
Even a PSYKOMO....................could not say "IT BETTER THAN YOU"
I have better systems now than when I was 28. At that time I didn't bother much with regular numbers games like Pick-3 or Pick-4. I wanted only the big jackpot. Even though a lot of winners on jackpots are QP I STILL think that's because a lot more people PLAY QP but I wonder if there is a way to get some kind of statistics of how many people win with systems vs. QP vs. the overall "field". If (rough example) 100 players are sampled playing the same # tickets each and 80 use QP and 20 picked their #s, if 10 of the QP players won and 5 of the System players won, that should tell you something!
I dislike the idea of total anonymity because I like to know what the circumstances were of how the person played and what their plans are just because it make it more interesting and inspires players to keep trying.
As the story said, the Lottery commission can only release the NAME and CITY of the winner, but not other details such as (perhaps) how he ran in to get a lousy cup of coffee and because the girl at the counter was cute he decided to play a few Megas. I don't know if THAT will protect his privacy but it is difficult to hide tens of millions of dollars from the neighbors unless you don't spend it or if you put it into your corporate assets.
Quote: Originally posted by Badger on Apr 28, 2007
Definitely not. If I won a large jp I would desire to be left alone. I don't want my 15 minutes of fame nor dealing with nosy reporters.
People win these things almost every week. The winners lives are nobody's business except their own !
Like I said, the winner would have to WANT the fame that would come with a reality show. As a 28 year old from New York, I am confident if someone in their 20s won, they may not mind the spotlight that much. Remember, we live in a society that glamourizes the young, rich, and beautiful, and many young men and women of the same age are very curious what it must be like to live like them. Plus, I wasn't talking about the people that win small jackpots almost every week, I was talking about the "what if"scenario of a 20 something year old winning a 200 million dollar or so jackpot, now that would be good tv!
Quote: Originally posted by pumpi76 on Apr 28, 2007
"John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket "
What ARE THE DAMN ODDS, the President of a Corporation (Ltd/LLC) will win the lottery...Deep inside for 1 year now i was praying deep inside of me for this to never happen...It just proves the corruption.....Of all the cases where i've been paranoid about, none come close to this one...What are the odds..It just proves that they are corrupted i don't care who says what...That president did it to beat the odds...Also depends with how many tickets he did it...Because a president of a company can play more tickets, he may have a point...But if he bought only 1 single ticket...I say he did it to feel himself on top of the world, so he can later say i beat the biggest odds in the world.....All i needed now is for the president of the Texas lottery to be a hipanic women....All i need now is for the President or First Lady to win Millions of dollars in the lottery...
Corruption everywhere....
"The Truth is Out There" from movie "The X-Files"
Now I can't prove this at all but...it is highly likely that this is the name of the corporation that he formed to accept the winnings. It is an interesting strategy, to accept the prize in a partnership under the umbrella of a corporation. I've done hours...days...weeks even worth of research to try to find the best way to accept a prize while minimizing tax liability and keeping anonymous. Why anyone would even give their name if you provide the name of the company (being the legal entitiy to win the prize) is beyond me.
What I've seen really smart winners do is form their company/trust/whatever, have their lawyer as trustee (if it is a trust, and named as the person accepting the winnings) and never once speak to or show up at lottery headquarters. That's what I would do.
Then again I could be completely wrong and Tremarcor, LLC could be an existing company and he was already rich as can be.
Quote: Originally posted by MissNYC on Apr 28, 2007
It seems that a lot of lotto winners are concerned about their privacy, which makes sense, but I think they are an untapped entertainment resource. I would love to see an E, VH1, or MTV reality show that followed around a large lotto jackpot winner for the 1st year after their win. I'm 28, I work in marketing, and am in the reality show generation, so I think it would be a big hit since people are always curious about lotto winners, especially when the jackpots are very large, but I think it would only work if the winner was young, and willing to become a celebrity of course. Anyhow, I just thought I'd voice an idea.
I agree that there is certainly a market for this kind of television. I know that on the rare occasions that TLC runs their lottery documentary, that I'm sure many of us have watched, I'm glued to the TV, have it Tivo'd, and usually watch it two or three times.
I am 23, and have been playing since I was 21. It is true, so many people playing are in their 30's, 40's 50's and up. I'm definitely in the minority. Some of my friends play that are my age, but they are usually the kind to buy a $5 QP when the jackpot gets up there. I'm more realistic, prefer the 5/39 games, and always pick my own numbers.
Speaking of young people winning, check out this story. I'm usually a wealth of knowledge regarding some of the bigger winners, but here's a story I don't know anything about. http://en.wikipedia.org/wiki/Ilya_Gamer
Or, if you are thinking abroad, Try this one: http://en.wikipedia.org/wiki/Lotto_Lout. I think a TV show was planned for this guy, though I'm not sure if it will air in the U.S. This is an example of poor money management.
If a person of wealth won that jackpot they would have even more reason not to release their name to the public, too many people probably are already looking for a handout from them and winning a lottery jackpot would just attract even more people.
Why would anyone except the government tax departments need to know more unless they too intend to benefit from their winnings?
First of all, I agree with the other comments that the LLC was probably created AFTER winning the lottery. It's jsut a guess, but I've seen this before. There are many ways of investing your money wisely and forming a Trust and/or LLC are 2 of them.
Deep inside for 1 year now i was praying deep inside of me for this to never happen
Second, what difference does it make who wins the lottery, as long as it is fair & random? What you are saying is that only poor people can play. The lottery has a bad image of seducing desperate people to use their grocery money to buy tickets. When someone with a good job and a lot of common sense wins, it just goes to show all the naysayers that the common stereotype doesn't always apply. By praying that someone doesn't win rather than focusing on what happens to you is actually hurting your chances, in my humble opinion, if you believe in the power and energy of positive thinking. Maybe a wealthy person will donate all or a large portion of the money to charity. For example, many times a celebrity will win a lawsuit and ask for nothing except a donation to the poor.
It just proves that they are corrupted i don't care who says what...
In Florida I've read about a successful doctor, a financial planner and established business owners winning millions. Of course it's always nice to read about a single mother of 8 who lives in a singlewide. But just because someone with a nice home or a good business wins the lottery, doesn't prove anything except that anyone has a shot at it if he or she buys a ticket. The only advantage a person of means might have is that he is able to purchase many tickets and cut his odds, although it doesn't mean he necessaily will buy more than a person in a low income bracket. It only takes one lucky ticket to win.
Why anyone would even give their name if you provide the name of the company (being the legal entitiy to win the prize) is beyond me.
Jarrettac,
I can't say what the rules are in TX but in FL it doesn't matter how you claim the money - your name still has to appear on the press release and is available as a public record. Just because someone forms a corporation for privacy and/or tax purposes, doesn't mean he can duck under the radar if the state rules say otherwise. I had a business with a fictitious name, but anyone could still find out I was the proprietor.
Quote: Originally posted by jarrettac on Apr 29, 2007
I agree that there is certainly a market for this kind of television. I know that on the rare occasions that TLC runs their lottery documentary, that I'm sure many of us have watched, I'm glued to the TV, have it Tivo'd, and usually watch it two or three times.
I am 23, and have been playing since I was 21. It is true, so many people playing are in their 30's, 40's 50's and up. I'm definitely in the minority. Some of my friends play that are my age, but they are usually the kind to buy a $5 QP when the jackpot gets up there. I'm more realistic, prefer the 5/39 games, and always pick my own numbers.
Speaking of young people winning, check out this story. I'm usually a wealth of knowledge regarding some of the bigger winners, but here's a story I don't know anything about. http://en.wikipedia.org/wiki/Ilya_Gamer
Or, if you are thinking abroad, Try this one: http://en.wikipedia.org/wiki/Lotto_Lout. I think a TV show was planned for this guy, though I'm not sure if it will air in the U.S. This is an example of poor money management.
In regards to the 1st link, I think I remember this (I'm also from NY), but I remember there being a citizenship thing. Personally, and I have nothing against immigrants, both my grandparents are from Italy, but I think people would be more apt to watch if the winner was an "all American" girl/guy next door type because part of the intrigue would be "that could be me." I also know I've heard of the guy in the 2nd link cause a clip about him was featured on E!'s true Hollywood story about lottery winners. He was definitely over the top, but like you said, it would be a European show. I think it would definitely be successful, especially if it was a very large jackpot, but I guess time will tell if it ever happens. I also agree though that I was glued to that special on E, it's actually when I thought of the idea since it's never been done. I just think there is something so interesting about people who win the lottery that leave others wondering, do they get used to it, what's it like to start spending, what do they spend on, are they always excited, etc. Of course I hope to personally answer those questions myself someday, although I do not think I'd consider being on tv, but hey, you never know!
If any one was really interested in producing a show about someone winning a lot of money they would do what Publisher Clearing House does, have their own drawing and give out a big prize and film it. Why would any one spend their money to buy a winning lottery ticket and allow some one else to make money by putting all their personal business on TV for the world to see?
"In Florida I've read about a successful doctor, a financial planner and established business owners winning millions."
There are 2 kinds of people i don't expect to win millions of dollars in the lottery, specially pick6, Powerball & MM WITH QUICK PICKS...They are: The president of the United states", the other are the president/CEO of a large corporation...A small bussiness owner yes, A big bussiness owner? maybe yes too...Large corporation CEO/President (which is a little bit different) NO...I am picturing someone with a suit...But theoretically the CEO of a large corporation can (not could) win the lottery but it will not be quick pick...Can a Surgeon win millions in the lottery? Yes, but not quick pick...
Quote: Originally posted by pumpi76 on Apr 30, 2007
Juxploring said:
"In Florida I've read about a successful doctor, a financial planner and established business owners winning millions."
There are 2 kinds of people i don't expect to win millions of dollars in the lottery, specially pick6, Powerball & MM WITH QUICK PICKS...They are: The president of the United states", the other are the president/CEO of a large corporation...A small bussiness owner yes, A big bussiness owner? maybe yes too...Large corporation CEO/President (which is a little bit different) NO...I am picturing someone with a suit...But theoretically the CEO of a large corporation can (not could) win the lottery but it will not be quick pick...Can a Surgeon win millions in the lottery? Yes, but not quick pick...
"The Truth is Out There" from movie "The X-Files"
I had typed out a response... Then I read it and decided to delete it in favor of a 5 star salute :
As far as a surgeon winning, why wouldn't he win with a quick pick? Are you concerned that he'll doctor it up? Maybe he'll give you a cut. I went out with a surgeon and he was so funny. He kept me in stitches.
Yeah a doctor could win it with a quick pick but it will be very hard...But a doctor could win it with a quick pick though, not saying they could not...
´"The truth is out there..." from movie "the X Files"
Why would it be any harder for a doctor to win with a quick pick than anyone else??? Quick picks are RANDOM. Are you assuming the odds are greater because there are not as many doctors playing the lottery as blue collar workers? Every individual has an equal chance of winning, no matter what his profession is or how much he makes for a living. Do men have a greater chance of winning then women? Do White people have a greater chance of winning than Black people? If you are saying that most people with money don't buy lottery tickets and that's why you think the odds of a surgeon winning a jackpot are great, I understand what you mean, but when the numbers are drawn, the balls don't ask "what do you do for a living" or "what is your annual income?"
Quote: Originally posted by justxploring on Apr 30, 2007
Why would it be any harder for a doctor to win with a quick pick than anyone else??? Quick picks are RANDOM. Are you assuming the odds are greater because there are not as many doctors playing the lottery as blue collar workers? Every individual has an equal chance of winning, no matter what his profession is or how much he makes for a living. Do men have a greater chance of winning then women? Do White people have a greater chance of winning than Black people? If you are saying that most people with money don't buy lottery tickets and that's why you think the odds of a surgeon winning a jackpot are great, I understand what you mean, but when the numbers are drawn, the balls don't ask "what do you do for a living" or "what is your annual income?"
If any one was really interested in producing a show about someone winning a lot of money they would do what Publisher Clearing House does, have their own drawing and give out a big prize and film it. Why would any one spend their money to buy a winning lottery ticket and allow some one else to make money by putting all their personal business on TV for the world to see?
I'm not sure where you're from, but you can't imagine how many people I know that went out to CA to try to become famous, not even to be a successful actress or model, but to be famous. Unfortunately, I'm in the same generation as Paris, Britney, and the like, and although I am ashamed of the type, a lot of young men and women would LOVE to be on TV and be recognized and I think if one just happened to hit a 200 million dollar jackpot, they would jump at the chance to be on a show. I see it from a marketing perspective since that is my field and I know it would be a money maker, but believe me when I say the star/s of that would be show definately exist, they just haven't won yet.
Quote: Originally posted by pigsNtrees on Apr 28, 2007
Let me get this straight how does he keep his privacy when he name is revealed? Looks like much to do about nothing.
John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket
Part is about privacy and part is about preserving as much capital as possible.
Let's say he's single. By claiming it for his "company" instead of as a person, legally he doesn't have any assets if/when he gets married. Or if he's divorced, would be much harder for ex-wife to claim more alimony. Also helps if you get sued -- for whatever reason. The millions don't belong to him -- they belong to his "company".
Also he seems to have formed a company inside another company. Transfer stuff back and forth easily to hide assets and further confuse things if someone is trying to find out about you. AND corporations can claim lots of business expense write-offs. To the IRS: "Yeah, our annual board meeting was in Hawaii this year. Again." Deduct a lot of "business" expenses on your taxes keep more money. As "president" of the company you pay yourself whatever you want and leave the rest in the bank, collecting interest.
As for privacy, maybe he couldn't be totally private, but he tried. You may know his name but you don't know his phone number or where he lives. Also, are you sure you really know his name? When you give your name you don't have to use your FULL legal name. It's totally OK to use your middle name -- I know lots of people who do. He might really be Kevin J. Stanford -- with middle name John -- and he might not even go by the "Jr." in real life. So he gives the lottery the perfectly acceptable name "John Stanford, Jr" and none of his friends even know who that is. "Hey Kevin, looks like one of your cousins won the lottery! Some guy also named Stanford. Do you know a John Stanford, Jr?" And Kevin smiles and says "No. No, I don't."
Not a bad idea. All my life I've only known my sister by one name, but her birth certificate doesn't match it because my parents gave her a name she hated. She's older, so by the time I was talking, she was already using her middle name. So she could easily use her legal name and nobody reading about it would ever have a clue!
Putting a 20 something year old lotto winner in a reality show is a perfect example of taking advantage of someone who is inexperienced enough to agree to do something that stupid. Flaunting wealth is never going to give you self-esteem or win you points with others.
Quote: Originally posted by LckyLary on Apr 29, 2007
I have better systems now than when I was 28. At that time I didn't bother much with regular numbers games like Pick-3 or Pick-4. I wanted only the big jackpot. Even though a lot of winners on jackpots are QP I STILL think that's because a lot more people PLAY QP but I wonder if there is a way to get some kind of statistics of how many people win with systems vs. QP vs. the overall "field". If (rough example) 100 players are sampled playing the same # tickets each and 80 use QP and 20 picked their #s, if 10 of the QP players won and 5 of the System players won, that should tell you something!
I dislike the idea of total anonymity because I like to know what the circumstances were of how the person played and what their plans are just because it make it more interesting and inspires players to keep trying.
As the story said, the Lottery commission can only release the NAME and CITY of the winner, but not other details such as (perhaps) how he ran in to get a lousy cup of coffee and because the girl at the counter was cute he decided to play a few Megas. I don't know if THAT will protect his privacy but it is difficult to hide tens of millions of dollars from the neighbors unless you don't spend it or if you put it into your corporate assets.
Those are two phrases that don't belong in the same sentence "lottery" and "better system". You're kidding right?
Congrat's..!!!!!!!!!!!!
2..another..QP$
and another JACKPOT bits the "DUST"
It seems that a lot of lotto winners are concerned about their privacy, which makes sense, but I think they are an untapped entertainment resource. I would love to see an E, VH1, or MTV reality show that followed around a large lotto jackpot winner for the 1st year after their win. I'm 28, I work in marketing, and am in the reality show generation, so I think it would be a big hit since people are always curious about lotto winners, especially when the jackpots are very large, but I think it would only work if the winner was young, and willing to become a celebrity of course. Anyhow, I just thought I'd voice an idea.
that is a great idea and im also 28 and i understand why people want privacy but some lotto winners really would like the reality tv fame. most of the winners are older than 28 so you may have to expand your idea to include older winners who already have families because i dont know anyone else my age or younger who plays the lottery except me. most of my friends feel like its a waste of money and i see people 40 and over who have hope to at least try buying a few tickets when the jackpot is large but finding a young jackpot winner who wants to be on tv may be hard unless you go that golds gym guy who won the lottery because he wants to be a billionaire and he is always on tv im sure he is already planning a tv show and i think he is in his mid 30's....
Let me get this straight how does he keep his privacy when he name is revealed? Looks like much to do about nothing.
John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket
LOL It seems like Golds Gym is the same no matter where you live! You're right though, I don't remember someone under 30 every winning a large powerball or mega millions jackpot, but if they did, I think they'd be more interesting to watch than an older family, but hey, my family has always been nuts, so we could have probably been a show when I was a kid.
Definitely not. If I won a large jp I would desire to be left alone. I don't want my 15 minutes of fame nor dealing with nosy reporters.
People win these things almost every week. The winners lives are nobody's business except their own !
really now??? do any??? of U astute "PLAYERS"
think>>>>>>>>>>>>>>>>>JOHN can HIDE?????
IT appears that HE is going to start a new business with a...... FAIR
amount of CAPITAL$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
& already has a Ltd. & now has the LLC with the mony>>>> in $IT.
BUTTTTTTTTT & YES......................always a BUT, to anything, RIGHT?
BUT it would be hard for a "Badger" to hide with those L@@K's!!!!!
Badger, have YOU ever L@@Ked @ that picture on the left side of
your..................................................................................POST?????
"John Stanford Jr., president of Tremarcor LLC, purchased the single winning ticket "
What ARE THE DAMN ODDS, the President of a Corporation (Ltd/LLC) will win the lottery...Deep inside for 1 year now i was praying deep inside of me for this to never happen...It just proves the corruption.....Of all the cases where i've been paranoid about, none come close to this one...What are the odds..It just proves that they are corrupted i don't care who says what...That president did it to beat the odds...Also depends with how many tickets he did it...Because a president of a company can play more tickets, he may have a point...But if he bought only 1 single ticket...I say he did it to feel himself on top of the world, so he can later say i beat the biggest odds in the world.....All i needed now is for the president of the Texas lottery to be a hipanic women....All i need now is for the President or First Lady to win Millions of dollars in the lottery...
Corruption everywhere....
"The Truth is Out There" from movie "The X-Files"
Thank U pumpi76:
YOU>>>>>>>>>SAID it WELL>>>>>>>>>>>!!!!!!!!!!!!!!!!!!!!!!!!!
Even a PSYKOMO....................could not say "IT BETTER THAN YOU"
I have better systems now than when I was 28. At that time I didn't bother much with regular numbers games like Pick-3 or Pick-4. I wanted only the big jackpot. Even though a lot of winners on jackpots are QP I STILL think that's because a lot more people PLAY QP but I wonder if there is a way to get some kind of statistics of how many people win with systems vs. QP vs. the overall "field". If (rough example) 100 players are sampled playing the same # tickets each and 80 use QP and 20 picked their #s, if 10 of the QP players won and 5 of the System players won, that should tell you something!
I dislike the idea of total anonymity because I like to know what the circumstances were of how the person played and what their plans are just because it make it more interesting and inspires players to keep trying.
As the story said, the Lottery commission can only release the NAME and CITY of the winner, but not other details such as (perhaps) how he ran in to get a lousy cup of coffee and because the girl at the counter was cute he decided to play a few Megas. I don't know if THAT will protect his privacy but it is difficult to hide tens of millions of dollars from the neighbors unless you don't spend it or if you put it into your corporate assets.
Like I said, the winner would have to WANT the fame that would come with a reality show. As a 28 year old from New York, I am confident if someone in their 20s won, they may not mind the spotlight that much. Remember, we live in a society that glamourizes the young, rich, and beautiful, and many young men and women of the same age are very curious what it must be like to live like them. Plus, I wasn't talking about the people that win small jackpots almost every week, I was talking about the "what if"scenario of a 20 something year old winning a 200 million dollar or so jackpot, now that would be good tv!
Now I can't prove this at all but...it is highly likely that this is the name of the corporation that he formed to accept the winnings. It is an interesting strategy, to accept the prize in a partnership under the umbrella of a corporation. I've done hours...days...weeks even worth of research to try to find the best way to accept a prize while minimizing tax liability and keeping anonymous. Why anyone would even give their name if you provide the name of the company (being the legal entitiy to win the prize) is beyond me.
What I've seen really smart winners do is form their company/trust/whatever, have their lawyer as trustee (if it is a trust, and named as the person accepting the winnings) and never once speak to or show up at lottery headquarters. That's what I would do.
Then again I could be completely wrong and Tremarcor, LLC could be an existing company and he was already rich as can be.
I agree that there is certainly a market for this kind of television. I know that on the rare occasions that TLC runs their lottery documentary, that I'm sure many of us have watched, I'm glued to the TV, have it Tivo'd, and usually watch it two or three times.
I am 23, and have been playing since I was 21. It is true, so many people playing are in their 30's, 40's 50's and up. I'm definitely in the minority. Some of my friends play that are my age, but they are usually the kind to buy a $5 QP when the jackpot gets up there. I'm more realistic, prefer the 5/39 games, and always pick my own numbers.
Speaking of young people winning, check out this story. I'm usually a wealth of knowledge regarding some of the bigger winners, but here's a story I don't know anything about. http://en.wikipedia.org/wiki/Ilya_Gamer
Or, if you are thinking abroad, Try this one: http://en.wikipedia.org/wiki/Lotto_Lout. I think a TV show was planned for this guy, though I'm not sure if it will air in the U.S. This is an example of poor money management.
If a person of wealth won that jackpot they would have even more reason not to release their name to the public, too many people probably are already looking for a handout from them and winning a lottery jackpot would just attract even more people.
Why would anyone except the government tax departments need to know more unless they too intend to benefit from their winnings?
Pumpi,
First of all, I agree with the other comments that the LLC was probably created AFTER winning the lottery. It's jsut a guess, but I've seen this before. There are many ways of investing your money wisely and forming a Trust and/or LLC are 2 of them.
Deep inside for 1 year now i was praying deep inside of me for this to never happen
Second, what difference does it make who wins the lottery, as long as it is fair & random? What you are saying is that only poor people can play. The lottery has a bad image of seducing desperate people to use their grocery money to buy tickets. When someone with a good job and a lot of common sense wins, it just goes to show all the naysayers that the common stereotype doesn't always apply. By praying that someone doesn't win rather than focusing on what happens to you is actually hurting your chances, in my humble opinion, if you believe in the power and energy of positive thinking. Maybe a wealthy person will donate all or a large portion of the money to charity. For example, many times a celebrity will win a lawsuit and ask for nothing except a donation to the poor.
It just proves that they are corrupted i don't care who says what...
In Florida I've read about a successful doctor, a financial planner and established business owners winning millions. Of course it's always nice to read about a single mother of 8 who lives in a singlewide. But just because someone with a nice home or a good business wins the lottery, doesn't prove anything except that anyone has a shot at it if he or she buys a ticket. The only advantage a person of means might have is that he is able to purchase many tickets and cut his odds, although it doesn't mean he necessaily will buy more than a person in a low income bracket. It only takes one lucky ticket to win.
Why anyone would even give their name if you provide the name of the company (being the legal entitiy to win the prize) is beyond me.
Jarrettac,
I can't say what the rules are in TX but in FL it doesn't matter how you claim the money - your name still has to appear on the press release and is available as a public record. Just because someone forms a corporation for privacy and/or tax purposes, doesn't mean he can duck under the radar if the state rules say otherwise. I had a business with a fictitious name, but anyone could still find out I was the proprietor.
If any one was really interested in producing a show about someone winning a lot of money they would do what Publisher Clearing House does, have their own drawing and give out a big prize and film it. Why would any one spend their money to buy a winning lottery ticket and allow some one else to make money by putting all their personal business on TV for the world to see?
im guessing the john guy is a patsie. he was hired to do 1 job and thatsa claim the prize and deposit the cash into the paertnerships bank account.
he gets a nice wad of cash for a few hours work, and prob a honest trsutworthy type.
he may not even know who in the partnership got the cash he may have been hired by the partnerships lawyers.
Juxploring said:
"In Florida I've read about a successful doctor, a financial planner and established business owners winning millions."
There are 2 kinds of people i don't expect to win millions of dollars in the lottery, specially pick6, Powerball & MM WITH QUICK PICKS...They are: The president of the United states", the other are the president/CEO of a large corporation...A small bussiness owner yes, A big bussiness owner? maybe yes too...Large corporation CEO/President (which is a little bit different) NO...I am picturing someone with a suit...But theoretically the CEO of a large corporation can (not could) win the lottery but it will not be quick pick...Can a Surgeon win millions in the lottery? Yes, but not quick pick...
"The Truth is Out There" from movie "The X-Files"
That's a great story. I hope this business partnership doesn't have financial problems later in life.
I had typed out a response... Then I read it and decided to delete it in favor of a 5 star salute :
I am picturing someone with a suit...
Pumpi, what's wrong with wearing a suit?
As far as a surgeon winning, why wouldn't he win with a quick pick? Are you concerned that he'll doctor it up?
Maybe he'll give you a cut. 
I went out with a surgeon and he was so funny. He kept me in stitches. 
Yeah a doctor could win it with a quick pick but it will be very hard...But a doctor could win it with a quick pick though, not saying they could not...
´"The truth is out there..." from movie "the X Files"
Why would it be any harder for a doctor to win with a quick pick than anyone else??? Quick picks are RANDOM. Are you assuming the odds are greater because there are not as many doctors playing the lottery as blue collar workers? Every individual has an equal chance of winning, no matter what his profession is or how much he makes for a living. Do men have a greater chance of winning then women? Do White people have a greater chance of winning than Black people? If you are saying that most people with money don't buy lottery tickets and that's why you think the odds of a surgeon winning a jackpot are great, I understand what you mean, but when the numbers are drawn, the balls don't ask "what do you do for a living" or "what is your annual income?"
Pumpi, please explain...
Well....... we're waiting.....................................
I'm not sure where you're from, but you can't imagine how many people I know that went out to CA to try to become famous, not even to be a successful actress or model, but to be famous. Unfortunately, I'm in the same generation as Paris, Britney, and the like, and although I am ashamed of the type, a lot of young men and women would LOVE to be on TV and be recognized and I think if one just happened to hit a 200 million dollar jackpot, they would jump at the chance to be on a show. I see it from a marketing perspective since that is my field and I know it would be a money maker, but believe me when I say the star/s of that would be show definately exist, they just haven't won yet.
Part is about privacy and part is about preserving as much capital as possible.
Let's say he's single. By claiming it for his "company" instead of as a person, legally he doesn't have any assets if/when he gets married. Or if he's divorced, would be much harder for ex-wife to claim more alimony. Also helps if you get sued -- for whatever reason. The millions don't belong to him -- they belong to his "company".
Also he seems to have formed a company inside another company. Transfer stuff back and forth easily to hide assets and further confuse things if someone is trying to find out about you. AND corporations can claim lots of business expense write-offs. To the IRS: "Yeah, our annual board meeting was in Hawaii this year. Again." Deduct a lot of "business" expenses on your taxes keep more money. As "president" of the company you pay yourself whatever you want and leave the rest in the bank, collecting interest.
As for privacy, maybe he couldn't be totally private, but he tried. You may know his name but you don't know his phone number or where he lives. Also, are you sure you really know his name? When you give your name you don't have to use your FULL legal name. It's totally OK to use your middle name -- I know lots of people who do. He might really be Kevin J. Stanford -- with middle name John -- and he might not even go by the "Jr." in real life. So he gives the lottery the perfectly acceptable name "John Stanford, Jr" and none of his friends even know who that is. "Hey Kevin, looks like one of your cousins won the lottery! Some guy also named Stanford. Do you know a John Stanford, Jr?" And Kevin smiles and says "No. No, I don't."
Not a bad idea. All my life I've only known my sister by one name, but her birth certificate doesn't match it because my parents gave her a name she hated. She's older, so by the time I was talking, she was already using her middle name. So she could easily use her legal name and nobody reading about it would ever have a clue!
Putting a 20 something year old lotto winner in a reality show is a perfect example of taking advantage of someone who is inexperienced enough to agree to do something that stupid. Flaunting wealth is never going to give you self-esteem or win you points with others.
Those are two phrases that don't belong in the same sentence "lottery" and "better system". You're kidding right?