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To: NRx

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.


54 posted on 10/17/2018 6:17:07 PM PDT by hoagy62 (Americ>a Supreme!)
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To: hoagy62

What in the world would you DO with it? You could live fine just off the interest that a fraction of it would accrue; but you’d still have so much money to get rid of.

Husband and I have been fantasizing tonight about all the good that the money could do, wisely spent....


55 posted on 10/17/2018 6:24:06 PM PDT by Jamestown1630 ("A Republic, if you can keep it")
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