this is easy
first off if u won pb/mm
it takes just about 2 full weeks before they have all money and send it to a special account u setup for bank
just have lawyer tell bank ya we need a account to hold x millions form lottery, trust me they handle the setup
also Wells Fargo is Very large firm, they can more then handle u
hell there one Best of large banks
here invester thing
" in 2013. The San Francisco–based bank has notched another massive quarter, with $5.1 billion in net income, capping off a year in which it earned $18.9 billion on $86.1 billion in revenue. Profits in 2012 were up 19 percent from 2011"
ya they can handle it bro. hell if i won, that be one of 2 banks i setup with in a major win
sense if they failed, will american would be doomed /or ww3 anyway at that point money would be worthless......
also there one of big banks for people with so much money it make u sick
Wells Fargo Abbot Downing brand
The formed division will focus on the country’s crème de la crème, catering to the needs of individuals and families having assets to invest in excess of $50 million. Although wealth management services for the ultra rich is a notably fragmented market, notable competitors are the other big banks Bank of America, Citigroup, Goldman Sachs and JPMorgan who have also been aggressively pursuing the ultra rich.
wells Fargo insists that the brand is a ‘one-stop shop’ for everything that the ultra rich individuals and families will ever need – something it illustrates from the fact that Abbot Donning encompasses an asset management division, a private banking channel, a combined trust and fiduciary service, and even a group that addresses family psychology and governance.
trust me. if they can't handle your lottery money, no one can.
but ya, once u "won" pb/mm all diff states collect the Money to there own accounts within each state
then ship it off/aka wire it to winner/s state account, once all states have wired money in to winner/s lottery state account
then they"your state where u won and now atfer say the week has money now all in 1 account ready for u"
they then wire it to Special account your bank just created for U. in all 2 weeks to get it
thats about 2 weeks, to work with lawyers/team of Money type people,and have ever thing ready to invest it day u get in bank
so its all good.
however that's if u Claim sec u won
if u waited say 2 weeks atfer the draw, before even walking into lottery HQ
they already by then have all money in 1 account, waiting for u, it just take a few days for paperwork/banks to clear ever thing, not full 2 weeks if u claimed DAY atfer the draw, get me?
thro be aware of monster banks doing 1 stop shop of ever thing u need, they charge a commen 1% fee on wealth to do ever thing for u.
. ofc they plan to make u millions investing it there way, so it pays for it self
but i perfer personaly a for FEE only lawyer/ finacial planner/broker/dealer etc
not a % firm, but my god do they make stuff easy