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Old 01-09-2016, 11:53 AM   #11
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All great ideas. Keep em coming.
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Old 01-09-2016, 12:13 PM   #12
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I'm with Colorado Rick. Tell no one, gather a team of legal, tax, and financial advisers, change phone numbers, fly kids and grandkids in from both coasts, and then go claim our prize. My first payment would be to my church (if it would accept the money, since some refuse offerings based on gambling wins), then we would pay off both of our houses (each had one when we married), upgrade our 10+ year-old vehicles, pay off children's student loans, and MAYBE give each adult child a gift of money. Not sure what we would do with the other 499 million, but I'm sure we could find some safe investments. I would also want to set up a charitable foundation, but DH says it would be too much work to weed out the frauds.
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Old 01-09-2016, 12:18 PM   #13
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1. Not tell a soul.

2. Put the ticket into a safe deposit box at a major bank I'm not otherwise tied to.

3. Establish various protection protocols.

4. Research and hire the appropriate firm to manage it for me. I'm not terribly good with money, and that would be well over my head.

5. After all this, go claim my prize.

6. Walk away from the house and quietly move into my camper as a nomad until things die down. Maybe a year of hiding in the various forests. If they can't find you, they can't beg, borrow, steal from or kidnap you.

7. Live off the interest, and decide what to do from there, I can say anything about what I'd do but I'm sure my entire perspective would change once it was reality.
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Old 01-09-2016, 12:25 PM   #14
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Buy a new Sanibel........oh, and I'd change my fuel filers before I went on my permanent vacation.
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Old 01-09-2016, 12:27 PM   #15
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Quote:
Originally Posted by SKnight View Post
1. Not tell a soul.

2. Put the ticket into a safe deposit box at a major bank I'm not otherwise tied to.

3. Establish various protection protocols.

4. Research and hire the appropriate firm to manage it for me. I'm not terribly good with money, and that would be well over my head.

5. After all this, go claim my prize.

6. Walk away from the house and quietly move into my camper as a nomad until things die down. Maybe a year of hiding in the various forests. If they can't find you, they can't beg, borrow, steal from or kidnap you.

7. Live off the interest, and decide what to do from there, I can say anything about what I'd do but I'm sure my entire perspective would change once it was reality.
NBC had a good article several years ago about this, that pretty much mirrors Sknights post above. One difference is to hire a good attorney as people will come out of the woodwork trying to falsely claim you owe them for something or the other.

Lottery winning 101: First get a lawyer and a tax expert - NBC News
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Old 01-09-2016, 01:09 PM   #16
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What would you do if you won the PowerBall Lottery?

If I won I would get all the advisors lined up and then disappear for a while.
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Old 01-09-2016, 02:01 PM   #17
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How are you not going to tell a sole if every news station in the country is broadcasting who won?
They don't know "who" won until you come forward and present the ticket. You'd have plenty of time to get organized before you have to present the ticket.
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Old 01-09-2016, 02:33 PM   #18
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Can you not collect anonymously?
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Old 01-09-2016, 02:38 PM   #19
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Can you not collect anonymously?
Only in certain states.

http://www.nbcnews.com/news/us-news/...if-you-n492981

I would be more concerned for my kids safety than anyone.
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Old 01-09-2016, 02:43 PM   #20
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Can you not collect anonymously?
Only in these states.
Delaware, Kansas, Maryland, North Dakota, Ohio and South Carolina still allow winners to remain anonymous.

So when you win you will have to tell us. Right?
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