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Should I Remain Anonymous with a $10K to $1 Million Win?

Topic closed. 9 replies. Last post 5 years ago by rdgrnr.

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New Member
Atlanta, GA
United States
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February 21, 2009
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Posted: December 24, 2011, 4:45 am - IP Logged

Hi guys, I was wondering if anyone thinks its worth the 'work' to create a blind trust and have my lawyer or financial advisors collect my winnings if its between $10,000 - $1,000,000? I'm DEFINITELY doing this when I hit a multi-million dollar jackpot, but was wondering if its worth it for a smaller win!

    LottoGuyBC's avatar - Lottery-050.jpg
    British Columbia
    Canada
    Member #116101
    September 4, 2011
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    Posted: December 24, 2011, 6:02 am - IP Logged

    Hi guys, I was wondering if anyone thinks its worth the 'work' to create a blind trust and have my lawyer or financial advisors collect my winnings if its between $10,000 - $1,000,000? I'm DEFINITELY doing this when I hit a multi-million dollar jackpot, but was wondering if its worth it for a smaller win!

    $10K really? really? Thud

    "You have to be in it to win it!"

      psykomo's avatar - animal shark.jpg

      United States
      Member #4877
      May 30, 2004
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      Posted: December 24, 2011, 8:59 am - IP Logged

      $10K really? really? Thud

      Yea>>>>aaaaaaa I'm working on my 2nd million $$$ win !

      I'm still remaining anonymous on my 1st million $$$ win !

                 MERRY CHRISTMAS

                 HAPPY HANUKKAH

                    YO KWANZAA

      Blue Angel PartyParty NoelJack-in-the-BoxNoel PartyPartyBlue Angel


        B$Rizzle's avatar - a4leds
        The Ville, FL
        United States
        Member #95879
        August 19, 2010
        1708 Posts
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        Posted: December 24, 2011, 10:10 am - IP Logged

        Hi guys, I was wondering if anyone thinks its worth the 'work' to create a blind trust and have my lawyer or financial advisors collect my winnings if its between $10,000 - $1,000,000? I'm DEFINITELY doing this when I hit a multi-million dollar jackpot, but was wondering if its worth it for a smaller win!

        LOL at creating a blind trust at $10,000 LOL you mean $7,500 after taxes (probably less in GA)

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          Kentucky
          United States
          Member #32652
          February 14, 2006
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          Posted: December 24, 2011, 10:51 am - IP Logged

          Hi guys, I was wondering if anyone thinks its worth the 'work' to create a blind trust and have my lawyer or financial advisors collect my winnings if its between $10,000 - $1,000,000? I'm DEFINITELY doing this when I hit a multi-million dollar jackpot, but was wondering if its worth it for a smaller win!

          "and have my lawyer or financial advisors collect my winnings"

          Or your brother-in-law or a cousin. The check doesn't weigh that much, you pick it up.

            HoLeeKau's avatar - YheaShea
            Idaho
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            Member #94283
            July 17, 2010
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            Posted: December 24, 2011, 11:27 am - IP Logged

            That's not enough for the community around you to care too much.  I doubt most strangers would hound you for a hand out, even on the million dollar prize.  So whether you need to remain anonymous depends upon your family.  If you're related to a nut job or two who would make your life miserable if they knew you had an extra windfall in your pocket, then by all means have someone else collect the money for you. 

            Personally, I wouldn't go out of my way to remain anonymous for less than 10 mil or so.

              rdgrnr's avatar - walt
              Way back up in them dadgum hills, son!
              United States
              Member #73904
              April 28, 2009
              14903 Posts
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              Posted: December 24, 2011, 5:41 pm - IP Logged

              Hi guys, I was wondering if anyone thinks its worth the 'work' to create a blind trust and have my lawyer or financial advisors collect my winnings if its between $10,000 - $1,000,000? I'm DEFINITELY doing this when I hit a multi-million dollar jackpot, but was wondering if its worth it for a smaller win!

              I would just grow my eyebrows real long and tell everybody I was Joe-Joe the Dogface Boy.


                                                           
                                   
                                                       

               

               

               

               

                                                                                                                 

              "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                          --Edmund Burke

               

               

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                Atlanta, GA
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                February 21, 2009
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                Posted: December 25, 2011, 4:24 pm - IP Logged

                That's not enough for the community around you to care too much.  I doubt most strangers would hound you for a hand out, even on the million dollar prize.  So whether you need to remain anonymous depends upon your family.  If you're related to a nut job or two who would make your life miserable if they knew you had an extra windfall in your pocket, then by all means have someone else collect the money for you. 

                Personally, I wouldn't go out of my way to remain anonymous for less than 10 mil or so.

                Thanks HoLeeKau for your response, it was appreciated unlike the replies from the other losers who just wasted more of their time!

                  Coin Toss's avatar - shape barbed.jpg
                  Zeta Reticuli Star System
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                  Posted: December 25, 2011, 6:25 pm - IP Logged

                  I know $10,000 sounds like a pittance for a lottery win and not an amount to form a trust for, but let's face it, there would be those out there who would  know and care about only one thing, "Hey, I heard you won the lottery."

                  Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

                  Lep

                  There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

                    rdgrnr's avatar - walt
                    Way back up in them dadgum hills, son!
                    United States
                    Member #73904
                    April 28, 2009
                    14903 Posts
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                    Posted: December 25, 2011, 6:36 pm - IP Logged

                    Thanks HoLeeKau for your response, it was appreciated unlike the replies from the other losers who just wasted more of their time!

                    Pffffffffftt.


                                                                 
                                         
                                                             

                     

                     

                     

                     

                                                                                                                       

                    "The only thing necessary for evil to triumph is for good men to do nothing"

                                                                                                                --Edmund Burke