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To: corlorde

Isn’t Powerball multi-state?


7 posted on 02/09/2018 5:17:03 AM PST by a fool in paradise (Ask a lib if Alger Hiss colluded with the Russians.)
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To: a fool in paradise

Yes, it is multi state. I just know a trust can collect your winnings here in NH. I can’t speak for other states.

“Once a trust is created, depending on state laws about publicizing lottery winners, a trustee can then claim the lottery winnings on behalf of the trust, which in some states may keep the winner entirely anonymous.”

http://blogs.findlaw.com/law_and_life/2013/12/for-lottery-winners-a-trust-can-really-pay-off.html


9 posted on 02/09/2018 5:22:07 AM PST by corlorde
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To: a fool in paradise

Yes, Powerball is multi-state, but each state has laws governing collections. In New Hampshire, the law requires a single natural person to claim his or her winnings, to be photographed, and to have his or her name and town of residence listed in publicly accessible records.

Other states allow unnatural persons (before you react to that, remember that a trust is not a natural person) to claim winnings. Creating a trust and using that trust to claim winnings in states that allow that option allows a winner to shield his or her name and town of residence from the general public.

People do not read the back side of their lottery bet slips. Perhaps the woman should have read the back of the lottery bet slip before purchasing her ticket in New Hampshire.

Were I her, I would (1) open a brokerage account, (2) claim my winnings, (3) sell all real property in New Hampshire, and (4) move to a state with milder winters.


34 posted on 02/09/2018 6:58:20 AM PST by MIchaelTArchangel
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