Fun fact: I've had slot attendants ask me if I want to get a picture taken for a $1200 jackpot.... bruh
I did hit a $5 royal and the slot manager person in a suit just wanted a picture of the machine, but didn't ask if I wanted to be in it.
Quote: djatcDoes anyone know if you can refuse taking pictures with big ass checks for a big jackpot payout? Like a WoF or Megabucks? I think for lotteries it's a state law in some places that you have to show up with a picture holding a giant check or something.
Fun fact: I've had slot attendants ask me if I want to get a picture taken for a $1200 jackpot.... bruh
I did hit a $5 royal and the slot manager person in a suit just wanted a picture of the machine, but didn't ask if I wanted to be in it.
I have often wondered this myself. I tend to think you could as I have never seen anything that disclosed you had to do so. Given everything else they disclose you would figure it would have come out that you do by now. IMHO people that win are happy for the attention and do it, or just do it to go with the program; but a firm "no thanks" would stop all pics except on the biggest wins.
Lotteries usually the winner has to be public, dunno about the pic and the check. If it was a law I'd grow a beard, let my hair go long, and wear sunglasses for the pic.
Quote: AZDuffmanI have often wondered this myself. I tend to think you could as I have never seen anything that disclosed you had to do so. Given everything else they disclose you would figure it would have come out that you do by now. IMHO people that win are happy for the attention and do it, or just do it to go with the program; but a firm "no thanks" would stop all pics except on the biggest wins.
Lotteries usually the winner has to be public, dunno about the pic and the check. If it was a law I'd grow a beard, let my hair go long, and wear sunglasses for the pic.
NH Lawsuit - lottery winner does not want to go public
Quote: boymimbo
She blew it by signing her name on the ticket. One way to be anonymous is to open a trust or claim it in the name of a corporation.
Quote: djatcDoes anyone know if you can refuse taking pictures with big ass checks for a big jackpot payout? Like a WoF or Megabucks? I think for lotteries it's a state law in some places that you have to show up with a picture holding a giant check or something.
You can refuse in Nevada on bets for sure. Some promotions may require media but not on gambling wins unless you consent to ahead of time (eg. WSOP).
I won a car at Station's Car-A-Day giveaway and declined photos. As far as the lottery I believe it is state specific. I know if I won a big lottery jackpot I would change my name and hire a makeup artist to make me look completely different before collecting.
Quote: DRichYou can refuse in Nevada on bets for sure. Some promotions may require media but not on gambling wins unless you consent to ahead of time (eg. WSOP).
I won a car at Station's Car-A-Day giveaway and declined photos. As far as the lottery I believe it is state specific. I know if I won a big lottery jackpot I would change my name and hire a makeup artist to make me look completely different before collecting.
You won a miata and didn't get a pic? What's wrong with you
Will the major lotteries pay that way? It is my understanding that PowerBall & MegaMillions are set up for payment to an individual or group of individuals, not to a non-personal entity. I suppose some states might operate differently, like the few that will allow anonymity.Quote: billryanOne way to be anonymous is to open a trust or claim it in the name of a corporation.
If it were up to me, you should have a choice rather or not you want the public knowing you won big. Many people love the attention but many people like me don't want the attention. I would be remiss if I didn't mention that I live in Florida where you have to show your face in order to claim the winnings.
And sign a notarized statement about whether you yourself was the original buyer of the ticket or not as well as listing the place and time you bought it even though they already know that.Quote: NathanI would be remiss if I didn't mention that I live in Florida where you have to show your face in order to claim the winnings.
Quote: DocWill the major lotteries pay that way? It is my understanding that PowerBall & MegaMillions are set up for payment to an individual or group of individuals, not to a non-personal entity. I suppose some states might operate differently, like the few that will allow anonymity.
I would think they have to be set up to deal with legally created entities- a.trust or a corporation.
Taxes are due on the total amount won. If a group of co-workers won, it would be a nightmare to have one person claim the ticket, pay all taxes due and distribute the rest.
A lottery winner who opts for payments over a number of years can always sell his future winnings to a company for a lump sum, which leaves the lottery dealing with a corporation.
In that situation, each member of the group of co-workers must be listed as a partial owner of the winning ticket. The lottery makes payments to each of them and reports the taxable income, perhaps with a tax withholding for each. If you just let one person submit the ticket, that person personally gets the winnings, and the others would have to try to collect from him/her. There's the nightmare.Quote: billryanI would think they have to be set up to deal with legally created entities- a.trust or a corporation.
Taxes are due on the total amount won. If a group of co-workers won, it would be a nightmare to have one person claim the ticket, pay all taxes due and distribute the rest.
No, the lottery doesn't pay out the future winnings directly. They use the cash value of the jackpot to purchase an annuity from a financial organization which then makes the payouts. If you later decide to sell the future stream of payments to get a lump sum, the lottery may help you work with that financial organization (and perhaps another "buyer") to reach your objective.Quote: billryanA lottery winner who opts for payments over a number of years can always sell his future winnings to a company for a lump sum, which leaves the lottery dealing with a corporation.
Six states allow winners to be anonymous.
Quote: DocIn that situation, each member of the group of co-workers must be listed as a partial owner of the winning ticket. The lottery makes payments to each of them and reports the taxable income, perhaps with a tax withholding for each. If you just let one person submit the ticket, that person personally gets the winnings, and the others would have to try to collect from him/her. There's the nightmare.
No, the lottery doesn't pay out the future winnings directly. They use the cash value of the jackpot to purchase an annuity from a financial organization which then makes the payouts. If you later decide to sell the future stream of payments to get a lump sum, the lottery may help you work with that financial organization (and perhaps another "buyer") to reach your objective.
There was in the news a story that broke when a guy supposedly cheated his co-workers out of a winning ticket which understandably caused a big stink. Like 10 people all put up money for the Powerball and they entrusted one guy to with the ticket. The Powerball won millions and the other 9 co-workers were excited like," Yes, we all get huge chunks out of that huge Powerball win!"
The huge rub is that the guy claimed that the ticket the 10 people all paid for was a loser and the Powerball ticket that won was his own ticket he bought all alone. As you can imagine his 9 co-workers were furious and were like,"He's lying. He owes us all our cuts from those millions! IIRC they tried to sue him. But there was no way to prove that he was lying IIRC.
A website said something that was good common sense, something like "At least one or two other people should be there as witnesses to the Powerball tickets being purchased. Trusting just one person alone with the purchase of the ticket can be a bad idea. The ticket that is purchased should be put in the office where it is easily accessible by co-workers."