Posted on 01/07/2018 6:09:32 AM PST by simpson96
True but it would seem to take some time and some legal heavy lifting.
I’m thinking most folks who win aren’t always that sophisticated and the state lottery commissions probably aren’t that helpful in keeping them anonymous as they want the publicity of a real live, “ordinary” person standing up at a press conference holding the big check.
2 bucks won’t by a cup of ....
I’d call my Local Tony Soprano’s Crew.
Good for some laughs!
Forming an LLC isn’t really legal heavy lifting, but ya a lawyer should be the first person a lottery winner talks to, particularly before the lottery commission. They just want a PR spectacle and damn the consequences.
Reading through that article seemed to lay out a hard path but it would certainly be worth the effort. I would just hate to hang onto the ticket and not come forward right away while all the legal machinations were carried out. My inclination would be to cash it in asap fearing I would lose it or die or something
I’ve read that most big lottery winners are in bankruptcy court within a few years of winning.If I won I’d give 5 million to family,keep 5 million for myself and give the rest to charities working in Africa.
The amount of entertainment I can get for the cost of a $2 Powerball ticket is far greater than any similar investment, with the added bonus that I have a slight chance of winning a pile of money, and I can earn the $2 in a few minutes doing something useful and productive rather than crapping on other people's fun on FR.
You could at least splurge and get a Costco card. Go all out.
At that point, Lawyers, guns and money solves most of those problems. Says warren zevon.
Then after cashing in the ticket, try not to become incorporeal.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.