If I ever played the Lottery and then if I ever won the Lottery I wouldn’t claim the prize. I’d have a non-profit tax-free organization set up so fast it would make your head spin. Then I’d invest the money and create grant request forms and a grant review committee. I’d pay my wife to administer the entire thing.
The primary reason for any of the above is so that no government would get another nickel of money they already got their share of. I’d rather live like a pauper the rest of my days than help them with their scam.
Since I never expect to win the thing I have not thought about the ‘what if’ scenario much beyond the don’t cash it in right away, get a lawyer and financial consultant, and set up some kind of trust thing. Hadn’t thought along the lines of a non-profit but that’s also a thought.
If I should ever win, which most certainly would fall in that Proverbs 16 realm, I’ll let you know what I do.. ;-)