Me, I’d farm until it was gone.
If I win, I will have to join the witness protection program.
Blondes, brunettes, redheads galore. What could go wrong....?
I know that for my state, Washington, the winner is allowed to claim the prize under the name of a legally-formed trust.
HOWEVER...the state considers that all lottery records fall under the title of ‘Public records’. So, even if you claimed the prize under the name of the trust, if someone requests the information on the trust, the state has to release the information...which includes your name. This was made clear by a court case in 2008 from a Yakima couple that filed an injunction to have their names remain anonymous. The courts ruled against them.
On the plus side, there are no state or local taxes o lottery winnings in Washington, just Federal. Current one-lump-sum payout for the Mega Millions jackpot, after taxes, is $380 million. T’aint bad.
So you only get to keep a little over half of that...is that before tax or do you pay tax on that little over half?
If I win, i’ll put a down payment on a house in LA with a view of the ocean.
I would be on the phone immediately arranging a home in Montana,airline tickets,a moving service for the little Id take and be out of the South forever . Give a mill each to a few relatives too. Hopefully they will escape the swamp too.