Lottery Fever!

[clean hairy]

Who would notice?

True, and with no Management around, the drivers could run their routes in a way that would make sense!

 

[cheryl]

A jackpot-rigging scandal is forgotten as Powerball fever sweeps the United States - Washington Post

Powerball sales have soared despite a scandal that rocked the organization that runs the game — a five-year-old investigation into jackpot fixing in one state that grew to include at least four others.

In the end, a Multi-State Lottery Association security expert was convicted of fraud and sentenced to a decade in prison, and the man who had run Powerball since it began was quietly put on leave.

 

[Orion inc.]

You would have plenty of opportunities to "help others". In fact you would have to hire security to keep the "give me-give me-give me" crowd away. The young gal that won it (360 mil) around here was bombarded with next day air envelopes from every charitable organization in the world starting the day after her name was released to the press. We delivered stacks and stacks of them addressed to her apartment for a couple of days until she gave us an alternate address.

Set up a blind trust to accept the winnings and then have that trust pay you out or invest in other ways where you receive it.

 

[moreluck]

Even if you went to the lawyer you would still distribute the money as you see fit. He walks you through the common pitfalls and acts as your frontman when dealing with media etc. But to each his or her own.

And how much does he take for that?????
I've been paying bills and dispersing money for 48 years.....We're familiar with the tax laws involving gifting. It's just bigger sums and we can read all the tax stuff ourselves.
The lawer or lawyers won't be getting a share of it.

 

[Wally]

Didn't Jacko Jackson blow over 300" million?

 

[Orion inc.]

And how much does he take for that?????
I've been paying bills and dispersing money for 48 years.....We're familiar with the tax laws involving gifting. It's just bigger sums and we can read all the tax stuff ourselves.
The lawer or lawyers won't be getting a share of it.

With that amount of money it becomes more complex then just putting it in a checking account and paying bills.

The tax laws would be very complex and there are ways to set it up to make even more money. An experienced tax attorney plus a financial adviser and a separate agency to audit both independently would be worth their fees.

Only stupid people would try to handle that amount on their own without guidance or protection.

 

[moreluck]

This stupid person deserves the chance to try!!!

 

[3838373]

 

[pickup]

And how much does he take for that?????
I've been paying bills and dispersing money for 48 years.....We're familiar with the tax laws involving gifting. It's just bigger sums and we can read all the tax stuff ourselves.
The lawer or lawyers won't be getting a share of it.

Okay Dokay!

 

[Cementups]

There's a website called thelotterylawyer.com and the site belongs to a lawyer who I have seen handle the affairs of a few lottery winners (some of whom remained anonymous). I have read some interviews with this guy and he gives some good advice for those who win the jackpot. He only represents clients in NY and NJ.

If I won I would definitely go to this guy because he didn't flee with the money of his past clients. And as much as the state of NJ likes to create the impression you have to be identified as the winner of a lottery, I have noticed that a few corporations (made for the purpose of collecting anonymously) have been listed as past winners of jackpots won in NJ so I would definitely try to go that route as well.

That would be one of the few times that the average Joe Schmo could take advantage of the legal premise that a corporation is a person.

With Powerball tickets sold in 44 states, as well as in Washington, D.C., the U.S. Virgin Islands and Puerto Rico, all but six states require lottery winners to come forward publicly. Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina still allow winners to remain anonymous.

 

[BakerMayfield2018]

With Powerball tickets sold in 44 states, as well as in Washington, D.C., the U.S. Virgin Islands and Puerto Rico, all but six states require lottery winners to come forward publicly. Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina still allow winners to remain anonymous.

First thing I said to my wife is if we win, we tell NO ONE......

 

[Cementups]

I always say that if I won, I get $1M in my checking account to blow. I buy a house and a nice car or two and then rest all goes in the back and trust funds. I should never have to worry about anything again. I couldn't imagine even trying to spend $400M.

 

[Cementups]

First thing I said to my wife is if we win, we tell NO ONE......

Unless you're in one of those 6 states......good luck.

 

[Orion inc.]

This stupid person deserves the chance to try!!!

And that's how people end up broke after winning. They think they can handle that sum all on their own.


It's idiotic to even think that you wouldn't need the resources of professionals in that situation. Wow.

 

[Orion inc.]

With Powerball tickets sold in 44 states, as well as in Washington, D.C., the U.S. Virgin Islands and Puerto Rico, all but six states require lottery winners to come forward publicly. Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina still allow winners to remain anonymous.

That's why you set up a blind trust to accept the winnings first.

You stay anonymous.

 

[Operational needs]

That's why you set up a blind trust to accept the winnings first.

You stay anonymous.

Not in my state. They use your picture for publicity.

 

[Wally]

With Powerball tickets sold in 44 states, as well as in Washington, D.C., the U.S. Virgin Islands and Puerto Rico, all but six states require lottery winners to come forward publicly. Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina still allow winners to remain anonymous.

 

[pickup]

With Powerball tickets sold in 44 states, as well as in Washington, D.C., the U.S. Virgin Islands and Puerto Rico, all but six states require lottery winners to come forward publicly. Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina still allow winners to remain anonymous.

This article http://www.metrowestdailynews.com/article/20140927/NEWS/309279988

shows people setting up trusts (which are forms of corporations) to collect their winnings without revealing their specific identities. The real life example in the article occurred in Massachusetts , which is not one of the states listed in your exceptions.


You see, in Massachusetts and other states, a corporation is a person so a person did collect. In the case mentioned in the article BWE Trust(trust=corporation=a legal person) collected.

I bet that Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina truly allow for no name to be mentioned at all. But for all intents and purposes, there are ways to collect your dough in other states without giving up your identity.

And that's another reason why i would hire a lawyer. I don't know how to create a trust.

 

[BrownThunder]

1.3 billion now?!? Who would quit if they won?

If I could stay anonymous I would keep working I think. If everyone found out I would t feel safe always out in the public eye like we are

 

[brownmonster]

And how much does he take for that?????
I've been paying bills and dispersing money for 48 years.....We're familiar with the tax laws involving gifting. It's just bigger sums and we can read all the tax stuff ourselves.
The lawer or lawyers won't be getting a share of it.

Giving it tho middle aged children that can't support themselves? I hear that happens.