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Reply to "Single powerball winning ticket in Springfield Mass. How soon do they go into hiding?"
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[quote=Anonymous]Six states allow for anonymity. Three others suggest that using an intermediary entity will provide anonymity. https://www.natlawreview.com/article/using-llc-or-trust-to-receive-lottery-winnings Just claim it. You probably have a money market account with Fidelity or Vanguard or some such. Call them. Ask to speak with a higher up to warn them it will be deposited into your account. Call a lawyer. Given most people's current position as normal, I would strongly urge that you go to a BigLaw law from and hire one of the T&E tax people and have them bring in one of the corporate folk too. Since we are mere mortals with small rolodexes, have the BigLaw guys get in contact with the private bankers at Goldman/JP Morgan/Citi/your favorite Swiss or Cayman Bank, what have you. A private banker will definitely earn his or her keep during the first year as you learn how to deal with that kind of money. You may wish to pick several for a prize this size. Take a set amount (few million or so) to get your jollies out during year one, get used to it and then start developing a longer term plan to grow and preserve that, live the way you dream and learn how to give it away responsibly. Giving away a lot of money is a slow, difficult, tedious task if you want to do so responsibly. Or, you can just write me a check![/quote]
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