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Ohio Lottery officials exploring other ways to pay winning-ticket holdersReply
The gist of the article is that many retailers don't carry enough cash to pay winners. I suppose most don't want to for security reasons. Also, like the article said, most people use debit and credit cards. That would be the problem. It happened to me a few years ago. I won a few hundred dollars and the little convenience store where I bought my tic didn't have the money on hand. She told me to come back in a few hours and she would have the money, and she did. I understood, and it wasn't a b
Jun 22, 2015, 8:37 am - rcbbuckeye - Lottery News

Would you claim your Jackpot winnings through a Trust or Not?Reply
Can't do it in my state. If I were to ever win, I'd have to change my identity and move out of the U.S. unfortunately. My state forces winners to have a public picture/video press conference, publishes their full name, street address, date of birth, and social security number. How's that for lack of privacy?
Jun 18, 2015, 11:42 am - jjtheprince - Lottery Discussion Forum

When a winning ticket gets destroyedReply
Yes, I did read about a person who won but who was denied because he couldn't find the ticket. But in a way I agree with them because a person purchasing a ticket doesn't prove it's theirs. He could have been buying it for someone else, for example. I think that's the reason a signature is required because possession doesn't necessarily prove ownership. Maybe I should take the word lost out of the equation because I would agree with the lottery that they shouldn't be responsible for someone's ne
Jun 14, 2015, 4:11 pm - Teddi - Lottery Discussion Forum

Irish lottery pool playing same numbers for 27 years wins €5.9 millionReply
I don't know how much they have spent in the last 27 years, but it must have been a lot less than 5.9 million. They would have spent many thousands perhaps, but it was still a fantastic investment. Good luck to them all! I hope they use their win to establish long-term financial security.
Jun 3, 2015, 7:16 pm - myturn - Lottery News

Claiming a Ticket...Reply
You ll need to provide the names, addresses, social security numbers, and the gross amount to be distributed to each person. That's the important part. If the lottery only has one person's name they'll withhold 25% federal taxes in that person's name. The only way to have the taxes credited to multiple people is to give the lottery everybody's name or create some kind of legal entity to collect a single check. In theory a single person could collect the prize and distribute shares to eve
May 30, 2015, 11:47 am - KY Floyd - Lottery Discussion Forum

Claiming a Ticket...Reply
The Colorado Lottery has this for the question on what is the best way to share a prize. Your bank, attorney or certified financial advisor can give you advice about this option. You can choose to share the tax liability of the prize by having all prize winners complete IRS tax form 5754 that will dictate how to share the liability for certain gambling winnings. If you decide to do this, one person is designated as the prize recipient, signs the winning ticket, and distributes the money
May 30, 2015, 5:52 am - Mwatcher - Lottery Discussion Forum

Connecticut: 5/1 - 5/31/2015Reply
Bless Her Heart She will be on Social Security before you know it , if she keeps rushing it When your young you want to get older , and when your older you want to go back Tell her to hurry up and turn 18 , we need all the help we can get in this game LOL
May 30, 2015, 1:02 am - Astekblue - Pick 3 Forum

How to disperse multi-million dollar winnings?Reply
One of your most important assets would be a good tax attorney and cpa , they would help you navigate the tax code and all of its loop holes. I personally have decided that I will set a blind trust fund with around 2-5 million for each and they would only get 25k or 75% of the interest generated annually. Provision will be made for medical emergency and first home purchase . I don't do this for my benefit but for theirs , I want to give them financial security and make them feel more comforta
May 14, 2015, 8:31 am - nina09 - Lottery Discussion Forum

Texas legislature to consider lottery winner anonymity billReply
To recklessly endanger the player by requiring them to release their name should be illegal. Sooner or later the terrorists will start kidnaping winners for ransom and homeland security will probably tell the relatives not to pay it. Anonymity should be required. If the player wants to broadcast their win all over and be a big shot then that would be the players problem.
May 12, 2015, 8:57 pm - Think - Lottery News

SecurityReply
Raven62 My security settings are OK. alc is the only site I get a secure connection failed warning. Do you use mozilla Nightly ? If so can you access their site ?
May 7, 2015, 12:43 pm - Gwoof - Lottery Discussion Forum