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So You Just Won the Lottery...

Gameface said:
Oh no, building a compound is a fantastic idea. I honestly think about 80% of the guys I met who had served over 17 years in the Navy all had a dream of retiring from the Navy and building a cabin in the woods where no one would ever bother them again. I'm not sure what it is about the Navy that makes that an almost universal dream of long timers, but if my anecdotal evidence is correct (and it always is) there's something going on there.
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Tons of Ex-CIA guys live in Utah and Colorado for the same reasons.
 
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PKM said:
Step 1 - resist the urge to tell ANYONE.
Step 2 - hire a damn good lawyer and CPA.
Step 3 - under the advise of professionals, set up the proper legal vehicles that provide anonymity.
Step 4 - Live the plan they give you. It's impossible to go broke unless you're a stupid hick.
Step 5 - resist the urge to tell ANYONE.. just let everyone believe you're a brilliant entrepreneur.
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This, in spades.

Beantown said:
Some states I believe don't give you the option of anonymity, they just release the winner's name.
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There are states that make lottery winner's names public record, but by following PKM's outline - before you make any claim - and living smart, there are ways to protect yourself.
 
Under Florida law, lottery winners in the state cannot remain anonymous; their names and city of residence must be made publicly available to anyone who asks, according to the state's lottery website. No one had come forward as of Monday morning.

"It never happens this quickly," lottery spokesman David Bishop said. "If they know they won, they're going to contact their attorney or an accountant first so they can get their affairs in order."

https://www.cbsnews.com/8301-201_162-57585364/record-fla-powerball-winner-cant-remain-anonymous/
 
So what happens if I buy a lottery ticket just before I file for divorce. Then I win but I don't come forward. First I get a divorce never telling my wife or the court. She's gonna get a chunk right?
 
PKM said:
Then I wouldn't claim it in that state. I assumed GF was referring to Powerball or Megamillions.. that are multi-state lotteries.
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Sounds like you have to claim it in the state you won in. This article claims the person that recently won in Florida is required to reveal who they are.

O'Connell says Florida law also requires that the winner's name be made public when he or she claims the prize.
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https://www.wtsp.com/news/local/article/317886/8/Florida-Lottery-prepares-for-590M-Powerball-winner
 
Srsly though I'd probably go to da Club and make it rain..

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But instead of Benjimans it would be a whole bunch of foreign currency!!
 
I would hope that my lifestyle wouldn't change much if I came into a lot of money, but I would definitely buy a large enough building to create my ultimate garage and probably start collecting old cars and motorcycles.

Nothing exotic, though.
 
I'd move to one of those little polygamist towns on the Utah/Arizona border and start knocking up wives. Then I'd try and take over power from whatever nut job has it now, so I could get my pick of the wives. After that, I'd buy Jazzfanz from Jason and change the name to Jazzfanz Island, where I'd kick one person off the Island every week.
 
Cappy_Smurf said:
I'd move to one of those little polygamist towns on the Utah/Arizona border and start knocking up wives. Then I'd try and take over power from whatever nut job has it now, so I could get my pick of the wives. After that, I'd buy Jazzfanz from Jason and change the name to Jazzfanz Island, where I'd kick one person off the Island every week.
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Lol
Well done
 
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