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

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Awinanme2

Atlanta, GA
United States
Member #71,242
February 21, 2009
17 Posts
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Dec 24, 2011, 4:45 am

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

British Columbia
Canada
Member #116,096
September 4, 2011
4,034 Posts
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Dec 24, 2011, 6:02 am

Quote: Originally posted by Awinanme2 on Dec 24, 2011
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?

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

United States
Member #4,877
May 30, 2004
5,289 Posts
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Dec 24, 2011, 8:59 am

Quote: Originally posted by LottoGuyBC on Dec 24, 2011
$10K really? really?

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
B$Rizzle

The Ville, FL
United States
Member #95,875
August 19, 2010
1,708 Posts
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Dec 24, 2011, 10:10 am

Quote: Originally posted by Awinanme2 on Dec 24, 2011
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)
Stack47

Kentucky
United States
Member #32,651
February 14, 2006
10,301 Posts
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Dec 24, 2011, 10:51 am

Quote: Originally posted by Awinanme2 on Dec 24, 2011
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

Idaho
United States
Member #94,279
July 17, 2010
2,453 Posts
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Dec 24, 2011, 11:27 am

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

100

The Hall Of The Mountain Kings Tennessee
United States
Member #73,902
April 28, 2009
15,378 Posts
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Dec 24, 2011, 5:41 pm

Quote: Originally posted by Awinanme2 on Dec 24, 2011
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.
Awinanme2

Atlanta, GA
United States
Member #71,242
February 21, 2009
17 Posts
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Dec 25, 2011, 4:24 pm

Quote: Originally posted by HoLeeKau on Dec 24, 2011
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

Zeta Reticuli Star System
United States
Member #30,469
January 17, 2006
11,788 Posts
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Dec 25, 2011, 6:25 pm

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. So many systems, so many theories, so few jackpot winners.

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

100

The Hall Of The Mountain Kings Tennessee
United States
Member #73,902
April 28, 2009
15,378 Posts
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Dec 25, 2011, 6:36 pm

Quote: Originally posted by Awinanme2 on Dec 25, 2011
Thanks HoLeeKau for your response, it was appreciated unlike the replies from the other losers who just wasted more of their time!

Pffffffffftt.

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