Largest Texas Lottery jackpot claimed by trust

Comment #9

Stack47 — Tue, 14 Aug 2007 04:27:11 GMT

It is odd that a group of people would take the annuity unless this group is under 5 people. And that brings up another question. What would an employer do if all but *one of his employees were in a lottery pool and hit a huge MM or PB jackpot?

*There is always one guy telling the rest they are wasting their money.

Comment #8

mylollipop — Tue, 14 Aug 2007 03:34:31 GMT

A Nnui a WHAT!!! Why? Nothing that looks like it is going to spell annuity would cross my mind with a jackpot, trust or no trust; lottery pool or no lottery pool If he/she dies, what will the pool do with his share if he/she does not have a living relative to leave it to

Comment #7

DoubleDown — Wed, 08 Aug 2007 00:15:05 GMT

Wow, it seems unusual for a partnership to take the annuity.

Maybe that just works best for their particular situation....

It's too bad ( NOT ) that we don't have CASH ONLY around any more- he would have a cardiac arrest with this news...

Comment #6

justxploring — Tue, 07 Aug 2007 22:52:43 GMT

They chose to take 26 annual payments. The story on the Texas Lottery site says (in green below)

When asked about their plans for the money, a trust member responded quickly, I want to travel!

Of course, a cruise to Alaska or along the Mississippi is more fun than eight hours at the office any day. However, members of the trust also see this as an opportunity to concentrate on volunteer work in the community. Plus, by choosing the annuity option, the winners are guaranteed 26 ann... [ More ]

Comment #5

Just6ntlc — Tue, 07 Aug 2007 16:25:38 GMT

I hope their partnership trust in Texas doesn't have financial problems later in life. Did they choose the cash option or payments

Comment #4

DoubleDown — Mon, 06 Aug 2007 01:56:11 GMT

Yes indeed........

A very smart group of winners

Comment #3

dumars798 — Sun, 05 Aug 2007 05:30:16 GMT

WTG

Comment #2

tnlotto1 — Sun, 05 Aug 2007 04:56:09 GMT

congrats to the winners, the trust sounds like a great choice

Comment #1

wizeguy — Sun, 05 Aug 2007 03:31:32 GMT

Congrats to the H H trust

Largest Texas Lottery jackpot claimed by trust

Lottery Post — Sun, 05 Aug 2007 02:50:33 GMT

The winners of the largest Mega Millions jackpot ever won on a ticket sold in Texas have stepped forward to collect their prize money.

A partnership calling itself the H H Trust of Dallas claimed the $128 million jackpot from the July 6 drawing on the multistate game, the Texas Lottery Commission says.

We were daydreaming about winning the lottery and taking some time off, one member of the trust, which collected its winnings July 18, said in a news release provided by the commission.