Remain anonymous with a trust

Reply #2

CASH Only — Tue, 28 Jan 2003 22:01:06 GMT

Tom, RJOh, etc: I just saw that the cash value of Ohio 6/49 is now 50% of the annuity (instead of 44%). The change was effective November 24, 2002. I apologize.

Reply #1

CASH Only — Tue, 28 Jan 2003 21:31:47 GMT

Tom: Not surprisingly, both winners opted for CASH. However, the Ohio 6/49 cash option is ONLY 44% of the annuity, vs ~58% (currently) for Powerball, even though both jackpots (if annuity is taken) are paid in 30 equal yearly payments. This is one instance where Andy might be correct.

Remain anonymous with a trust

Thomas Covenant — Tue, 28 Jan 2003 21:16:48 GMT

A rather old article, but it says use a trust to remain anonymous. CLEVELAND -- Two Super Lotto jackpots, worth $12 million and $8 million, have been claimed, the Ohio Lottery said.Joann Garrett, 62, of Poland on Monday presented the winning ticket from Saturday's $12 million drawing, said Ohio Lottery Director William Howell.She chose the cash option, which means she will receive a lump sum of more than $3.9 million after state and federal tax withholdings. Ms. Garrett bought the ticket at the... [ More ]