Posted on 10/23/2018 11:49:00 AM PDT by lowbridge
The head of the Mega Millions on Monday revealed the very first thing the potential winner of the game’s historic $1.6 billion jackpot should do: Sign the ticket and keep a low profile.
The simple yet sage advice came from Gordon Medenica, the game’s lead director and director of the Maryland lottery.
“Sign the ticket! Because keep in mind that little slip of paper is a billion-dollar bill — imagine that,” he said on NBC’s “Today.” “So you want to secure it and also be calm. Don’t be running to the ‘Today’ show the next day.”
Medenica also advised, “Get some good advice, get a good financial adviser, good lawyer, tax accountant, all that. Get your affairs in order. You’ve got between six months and 12 months to come and claim the ticket.”
(Excerpt) Read more at nypost.com ...
Pooling their money to buy more tickets supposedly to increase the odds of winning, but it’s only an infinitesimal improvement of the odds.
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Sounds like a great way to introduce oneself to the intricate workings of legal civil action as well. Lol
BTTT
I have a family Jaooby...and he tells me the same thing...
Maybe you can flesh this out for me.......?
Jean Paul Getty (1892-1976)? Goodbye grandson?
The very first thing you would need to do is draw up a letter for the lotto commission that says if your name or identity is released the the public in any way shape or form, they are responsible for you and your family’s security for life. All you agreed is to buy a ticket, not have your identity made public.
Try to hide lottery winnings in it and you’ll find the details!
I have a guy I trust...
Maybe you do..or don't.
It all depends...
Could need a lawyer to keep your lawyer honest...Kinda like Congress...
Lighten up Francis, it’s just a game.
That’s why you call Gavin DeBecker to provide bodyguards.
That information is from FR poster DCBryan1, as stated in the first sentence of my post. He’s the one posting that advice and seems to be very well-versed in the subject.
Why would you put t in the bank when you can buy a damn bank.
NEMDF wrote: “I don’t think that would be correct taxation for an annuity.”
Perhaps I wasn’t clear. I was talking about inheriting an annuity, not one where you’re the original owner.
Yet. That we know about.
I have repeatedly suggested that for professional athletes, especially those who receive large signing bonuses. Make a 35-40% downpayment on a couple of well-located, well managed apartment buildings with the cash flow to carry the financing plus a profit. Then if everything goes south on you you'll always have a place to live and an income.
Don’t be too sure of that.
https://www.wsj.com/articles/wells-fargos-problems-spread-to-business-lending-1537020001
LOL!
Another high value decision: Change your home phone number.
Beautiful!!
... JimRed, Can you help me set up a “Solo K” for my new real estate investment business, LLC? I’ll, of course, pay you. Sounds like you would know how.
Nope, I’d leave that to the liars... I mean lawyers. I’ll guarantee you that President Trump has not handled his own corporate affairs in about forever! “Here’s what I want. Make it so, and send me the bill.”
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