I should have such a problem ?
>>Had the ticket been signed by the trustee of a designated trust, the winner could have maintained her privacy.
Last month someone was telling me that you couldn’t do that with the powerball. That your name had to be there and you had to be photographed, not a representative.
Over half a billion dollar and the writer care about $14,000 a day? Crumbs.
I don’t blame her a bit, but whether she realizes it or not, her life has been forever changed.
Even if she were to squander most of the money, others will see her as extremely rich.
I’m with her. Privacy and individual liberty are worth fighting for.
And she would have lost a lot more had she invested it in an S&P fund in that time.
Then once all the golddiggers, scamers, frivoulous lawsuit people, and distant relatives with their hands out had all given me up for dead and moved on to easier marks. I would slowly reintegrate into my old stomping grounds, being as modest and low key in my home and car as to not draw unwanted attention.
1. Get lots of guns.
2. Get lots of training.
3. Hire a big guy who’s only job is to say, “No.”
Keep all three with you at all times.
14k a day is worth it. Terrible if she loses.
I think she is trying to be above the laws.
I wonder if she likes old, fat, bald guys?
You don’t lose what you don’t have. Nothing was lost. There is unrealized potential gain.
She's not the winner until the lottery verifies she's the winner. Presenting the valid ticket is step one. I'm surprised a court would hear a case that is strictly hypothetical, which may end up being how the court rules - by declining the case.
Some lotto winners have gotten their prize and then have deliberately gone invisible.
I don’t see how you could stay exposed and safe.
But she is definitely increasing the interest in learning her identity. Maybe she is an illegal.
Bet she has a few "pr***" relatives.
I think this is stupid on her part. Go get the money. There is no way to take possession of a half a billion dollars and keep it a secret.
It’s worth 14,000 a day up to a point
225mm x 39.6% federal + 0% state income taxes (they do tax taxable dividend income though...but not tax free munis).
That means her after tax lump sum for 2018 will be: ~$120,000,000.00
I'd give 12mm to local churches
Then I would get out of ALL of my personal debt (mortgage/car/etc).
Then invest the 108mm :
25% equities US blue chip equities that China and Soros cant muck with (T, HD, AAPL, D, CVX, XOM, JNJ, BP, BAC, maybe BP and such.
50% tax free bonds (yes even in today's rising rate environment) AA or better, with MAC/AGMC/NATRE/BAM insurance. Lots of TX PSF bonds
5% gold/silver/bullets/toilet paper/long term food/guns
10% in US Treasuries
5% foreign bonds
5% foreign equities.
I figure the mean coupon would be 5-6% which would get you approx. $5-6,000,000.00 year in income.
Only then would I gift the max IRS gift exclusion every year to friends and family (15m individual, 30m married)
That gifting could be used up to 5,500,000 lifetime gift maximum (tax free) to pay off ONLY families debt....then I would gift to my nieces and nephews and trade in my own account 3 hours a day....the rest at the golf club or shooting range drinking Laphroaig Scotch.
Probably a well-heeled society type who is unimpressed by money. You’d think with millions like that she would just hire bodyguards-look up some Mossad maybe?-and cash her check. People with billions manage to live openly- they hire drivers, staff and security. Sounds like some kind of snob- or a nut.Maybe a miser type who doesn’t want to give $$ to family and the lottery would eliminate her excuses? Either way the lottery folks will gladly keep the money.