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  1. #1
    Join Date
    Apr 2011
    Posts
    23

    Default Winning the Lottery

    My questions involves personal finance in the State of: Any state that has a lottery.

    I have always wondered about this but how does one stay anonymous after winning the lottery?
    I have heard that you can set up a trust and collect they money without being identified. But it depends on the lottery.
    MegaMillions requires that the winner show their face. Powerball allows people to hide their identity.

    I also heard that you should not sign your lottery ticket.

  2. #2
    Join Date
    Sep 2010
    Posts
    19,253

    Default Re: Winning the Lottery

    You want your money, you gotta play by their rules.

  3. #3
    Join Date
    Jan 2010
    Location
    New Jersey
    Posts
    3,632

    Default Re: Winning the Lottery

    If you lose a winning lottery ticket that you haven't signed, expect the finder of the winning ticket to get your millions.

    The very first thing you do is sign the ticket.

  4. #4
    Join Date
    Jan 2008
    Location
    Toledo, OH
    Posts
    16,306

    Default Re: Winning the Lottery

    I have heard that you can set up a trust and collect they money without being identified. But it depends on the lottery.
    Actually, it depends on the state. In some states - DE, KS, MD, ND, OH - you can claim your winnings through a blind trust. In others, public disclosure laws require the identity of lottery winners be made public.
    I'm not a lawyer, but I play a researcher on the internet!
    Caution: I bite. WARNING: Do not send questions or complaints by PM. I'm likely to post them publicly and embarrass you half to death.
    I'm training for the MS Society's Bike to the Bay - and blogging about it!

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