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Link Posted: 1/13/2021 3:46:17 PM EDT
[#1]
I know a Nigerian guy who offers anominity service for lottery winners.  Says he's honest.
Link Posted: 1/13/2021 3:46:28 PM EDT
[#2]
OP, have you ever been to Hong Kong, Singapore, Philippines, Greece, etc.?  If I won that kind of lottery money, I would have a harem.  

I would have a few homes /villas in different locations and maybe take some of the best ladies traveling with me but always open to new ones in different locations.

Who in their right mind would settle down if you had millions of dollars in the bank.
Link Posted: 1/13/2021 3:49:04 PM EDT
[#3]
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That's exactly why I would do it. "It's not really my money, it belongs to the hedge fund".
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That's actually super easy to do...very little compliance paperwork.


That's exactly why I would do it. "It's not really my money, it belongs to the hedge fund".


yep...fun fact..I am business and philanthropic acquaintances with a guy I went to college with who's family did this exact same thing. They grand parents had a large communications company down here with a monopoly on the area. They sold out to a larger company, transferred the money into the Hegefund and the son and grand kids run the fund. They bought a few business to make cash flow and after a while they got cocky with their own in house analyst and lost 16million. That's all I know about due to the law suit they filed. But they had to have lost a lot more because they now brought in real analyst.
Link Posted: 1/13/2021 3:49:45 PM EDT
[#4]
Date? What do you mean date? If you mean top shelf escorts then no I wouldn’t tel my “dates”my net worth.
Link Posted: 1/13/2021 3:51:16 PM EDT
[#5]
Dosent matter.

They can smell it.
Link Posted: 1/13/2021 3:51:47 PM EDT
[#6]
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I don't think that's how that works.
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If I win the lottery there's not going to be any long term relationships.


Prostate milking when intoxicated, forced pregnancy...WIN~


I don't think that's how that works.
Don't know about the milking, but for a woman who is dedicated to the idea that she will get your money I wouldn't put anything past them.  One of the issues is that you have to prove a negative - prove you DIDN'T sleep with her.  Once the child is born, the options open up for paternity testing, but in a number of states if you are on the birth certificate . . . welcome to child support payments until the court says you don't have to.
Link Posted: 1/13/2021 3:52:50 PM EDT
[#7]
I would buy land and everything I could in a trust. I would be concerned with ppl suing me for everything and anything just for money.

I would first setup a trust fund and put lots of money in it in case i was killed the following week

I would claim the cash prize and screw any long term payout crap

I thought it would be fun to keep my job and just screw around at it to see how long until my supervisor called me on it. Working when you do not have to is a whole other ballgame.
Link Posted: 1/13/2021 3:53:44 PM EDT
[#8]
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Hmm. Tough one actually if looking for a relationship.

I mean, you'd have to downplay (ie be not completely honest) about your status and try to blend in as a peasant for a while. Being dishonest is not the best way to start a relationship.

OTOH, gold diggers are a very real thing...

Just buy an escort. At least the arrangment is understood
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Why?  If you win 500million there would be no reason to settle down, legally speaking that is.  Not ever, no marriage.  Maybe you find a good partner maybe you don’t but you’re doing to have fun looking!!!  If you find a gold digger kick her to the curb.  
Link Posted: 1/13/2021 3:54:32 PM EDT
[#9]
I would not want to tell anyone but I am sure the lottery would publicize it and those who found out would talk.

Then I'd start seeing old girlfriends and friends from high school and college come crawling out of the wood work but I would likely not have money to give, having already given it away to family and real friends.

I don't need the money for myself, whcih is one of the reasons I never play the lottery
Link Posted: 1/13/2021 3:55:08 PM EDT
[#10]
Edit: never mind. Suffice to say I already have to do everything you think would be prudent to protect vast lottery winnings to the extent possible. So nothing would change.
Link Posted: 1/13/2021 3:56:43 PM EDT
[#11]
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Don't know about the milking, but for a woman who is dedicated to the idea that she will get your money I wouldn't put anything past them.  One of the issues is that you have to prove a negative - prove you DIDN'T sleep with her.  Once the child is born, the options open up for paternity testing, but in a number of states if you are on the birth certificate . . . welcome to child support payments until the court says you don't have to.
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At my age I would have myself clipped after I bought the GT2.  I would probably also never go raw dog again.  Ya it’s better but not that much better not with the risk of disease and pregnancy of the rivers of women you’re going to be wading through.
Link Posted: 1/13/2021 3:58:53 PM EDT
[#12]
Post the list of what to do if you win a lottery by one of our staff attorneys. Not the one from the south pole.
Link Posted: 1/13/2021 3:59:17 PM EDT
[#13]
Hey I’d hire some people to post on every website and put up billboards all around LA telling them of my windfall. Then I’d contact Scarlet Johansson and tell her I want to titty fuck her.
Link Posted: 1/13/2021 4:01:23 PM EDT
[#14]
I would tell no one find A place so hidden my family would A map to find me
Link Posted: 1/13/2021 5:43:28 PM EDT
[#15]
I would also try to wipe ALL my social media and online account the best I could.
Link Posted: 1/13/2021 5:48:17 PM EDT
[#16]
Trust

Purchase land lots of land

Pay someone to remove any trace of my online or other existence
Link Posted: 1/13/2021 5:52:36 PM EDT
[#17]
I wouldn't tell her sh*t.   If she loves me if I'm poor, she'll love me if I was rich.
Link Posted: 1/13/2021 6:03:02 PM EDT
[#18]
If I was single and won, I would rent entertainment.
Link Posted: 1/13/2021 6:42:06 PM EDT
[#19]
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Quoted:
Post the list of what to do if you win a lottery by one of our staff attorneys. Not the one from the south pole.
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I had one bookmarked, but archives aren't available.
Link Posted: 1/13/2021 6:49:55 PM EDT
[#20]
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I won $10k on a scratch off lotto ticket and never even told my wife about it.

https://i.imgur.com/85ywwFP.jpg
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What'd you do with it Florida man?
Link Posted: 1/13/2021 6:54:18 PM EDT
[#21]
Depends on how much money but if I won a major jackpot I wouldn't have to lay low as I would spend pretty much all of my time in tropical places fishing or hanging out on my sportfishing boat and mothership operation.  Anytime I came into port or was hanging out in fishing hotspots it would be pretty obvious I was a boat owner and loaded.  I'd hang out with other rich people.  I wouldn't still be hanging around the same people I do now outside of my family and very close friends.  

Link Posted: 1/13/2021 6:59:48 PM EDT
[#22]
I'd be rich and still single.
Link Posted: 1/13/2021 7:00:26 PM EDT
[#23]
Id buy a ranch someplace and fucking vanish. My mom and two or three of my friends would have my contact information, that’s it.

For all intents and purposes I would cease to exist.
Link Posted: 1/13/2021 7:00:53 PM EDT
[#24]
Tell the hoes for more fun
Tell no one seriously dating

Say you made a lot during bitcoin or domain websites


Invest in hotels and small fast food thats proven growth,  i.e chick fil a and pizza chains. Hire managers and take %5 each store. Open 5 to 10 and collect 20-50%
Link Posted: 1/13/2021 7:04:28 PM EDT
[#25]
Lawyer up, set up a trust fund.  Quietly pay off all your debt and keep your fucking mouth shut.  Collect your prize anonymously after you have set everything up and stay out of the news.  If anyone ask why your flush with money, just say you got an inheritance.

Mums the word

And most important of all, dont let it go to your head.

If your looking for a trophy wife, make sure you have a clear bullet proof prenuptial in place before the wedding bells.
Link Posted: 1/13/2021 7:05:19 PM EDT
[#26]
I would travel the world and do dirty things with Polish women.
Link Posted: 1/13/2021 7:05:20 PM EDT
[#27]
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They might realize I have a little cash when I roll up to pick them up in an M18 Hellcat Gun Motor Carriage
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You'd be a showoff.

I'm more practical.  M16 - which is essentially an M3A1 with a quad .50 cal Maxxon in the back.

You can take it more places and it gets better gas mileage.  



Either that, or an M42 Duster.  Twin 40 mm goodness.  I've just always liked these.

Link Posted: 1/13/2021 7:06:41 PM EDT
[#28]
I’d pay Gina carano 1 million dollars to wrassle in a big pool of pudding , wait , oil .

Then I’d buy my way onto the bass master circuit and do nothing but fish .

Link Posted: 1/13/2021 7:06:44 PM EDT
[#29]
There was a very informational thread here written by a lawyer that outlined what to do and what not to do if someone comes upon a windfall of money. Some real tragic stories were outlined, many ending in prison or death.

No clue how to find that thread.
Link Posted: 1/13/2021 7:07:49 PM EDT
[#30]
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Find a woman that already has money . With that much money, you are dating from a whole different pool of women
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No thanks!

Link Posted: 1/13/2021 7:20:21 PM EDT
[#31]
Wouldn’t it be extremely hard to keep it a secret?

If single. Person you’re dating would know you’re well off by the nice house and car you have.

My family would know when I leave this shithole and buy my dream Ranch in a free state. Also depending how much I win i would be willing to help my close family. Nana, mom and siblings.
Link Posted: 1/13/2021 7:23:32 PM EDT
[#32]
I don't talk money with women.


It's better assumed to be poor than confirmed to be rich.

Two reasons.
1. Eliminates entitled gold diggers looking to become arm candy/trophy wife and be taken care of/divorced taken care of.
2. To troll the ever living hell out of said gold diggers if declined.

When I see something I like at a club, bar, restaraunt, grocery store, farmers market etc. I have no qualms approaching and setting up a date. Unless at club/bar, then it turns into an impromptu date.

Regardless. When going to meet up, I leave my trucks behind. I take my brother in laws beater commuter car. Complete with dents, scratches, saggy headliner the works.

I might wear a necklace, a bracelet. I leave the Submariner home.

Never wear the Rolex on a date.

I'll usually wear a button up or Polo with shorts, cargo shorts, and Adidas, unless it's in the 50s and out by the ocean, then jeans and a button up and tims. Nothing fancy.

When it's time to leave/last call, I'll make sure one way or another the chick sees the piece of shit beater car.
And I do this intentionally.
Some say but you're cock blocking yourself with a 98 camry beater!
Wrong. Process of elimination and for LOLs.

You know how daffy broads put up on tinder in their bios-If you can't handle me at my worst you don't deserve me at my best?
That's what they're talking about, but in action.
If you can't handle me as a poor, you don't deserve me now. Shit could change and I could be reduced to penniless again. You never know.

So. When Ms thing is Gung ho on going back to her place or up to meet up the next day, I make sure she sees the beater.
Suddenly? Wham. I just remembered, I um. I have work in the morning, or they have a thing to do with their friend, or help their room mate move something...
In my head I'm   Uh huh. It's 2 3 4 am. You just remembered you have something to do first thing in the morning... rrrriiiggghhtttt.....

So I send them off with a smile and wish them a good night and have fun with whatever piss poor excuse they gave me.

Next day. Say it's Saturday morning. I'll get up, put on the coffee, hop in the shower after a cup of coffee then get dressed and go hook the boat up or the jetskis up.
I'll send them a selfie from the drivers seat of the truck so that the boat/jetskis on the 2 up trailer is visible through the back window, and I'll put in text.

Hey just wanted to say I had a great time last night, sorry you're busy with work/prior engagement you just remembered last night. Have a good day I'm going out on the boat, shame you can't make it.

Within seconds of sending that. Wham. Call comes from them or a flurry of texts asking where I'll be and if they can meet up.

That's when I don't respond and just laugh my ass off. Got em.

Never. Under any circumstances. Ever. Discuss money with women. Ever.
Link Posted: 1/13/2021 7:32:21 PM EDT
[#33]
For the truly wise amongst us...
You'd already know to establish a trust or LLC prior to turning in the winning lottery and use ghost/shell corp/LLC/trust as the winner.
That money is yours to play with but doesn't belong to you


Should you be like the poster below... you can't be sued for money that doesn't belong to you.

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Quoted:
Ya'll are foolish. I would tell every THOT that I came across.

The caliber of vagine that you could smash would increase exponentially, if you they know that you're rich.

It would be a whole lot easier than working out.
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Oh you poor bastard... You've no idea how badly that will end for you... good way to wind up accused of rape, have a love child, and pay the gold digger...

If you want the caliber of vagene to increase? You move to Florida and shop for girlfriends in Boynton Jupiter Miami.
Most wear G string bikinis on the beach too.

Green and blue eyed raven haired Cuban chicks are where it's at.
I've yet to see one that didn't have beautiful eyes.
I'm not one for blondes. There's a few that caught my eye in/around Miami.
Link Posted: 1/13/2021 7:43:44 PM EDT
[#34]
Some of my friends who got divorced lost almost everything... some close to $500k or more and they weren't wealthly. High class hookers would be the way to go.....
Having a lot of money with a girlfriend knowing it is like having gum stuck to the bottom of your shoe. It is a pain in the ass and tough to get rid of.....
Link Posted: 1/13/2021 7:47:13 PM EDT
[#35]
If I was single and hit the lottery, I'd buy a big fuckin boat and go pick up strange in Miami.  Who needs long term relationships when you can have 87 bikini girls at your beckon call.
Link Posted: 1/13/2021 7:48:03 PM EDT
[#36]
Wouldn’t say a word about it.
Nobodies business but mine.
I would never marry either. Even with a gun in my back. Nope.
Link Posted: 1/13/2021 7:51:00 PM EDT
[#37]
I would fuck so many women I would end up in the hospital
Link Posted: 1/13/2021 7:54:59 PM EDT
[#38]
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If I understand it correctly you can have the trust claim the prize and it will help anonymize you, still dependent on the state, but that works in more states than allow anonymous claimants.
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Most states won't allow winners to remain anonymous. That's why I only buy tickets in Kansas.
If I understand it correctly you can have the trust claim the prize and it will help anonymize you, still dependent on the state, but that works in more states than allow anonymous claimants.

That's not an option in VA, only a "real person" can claim the prize.
However the law was amended a few years ago to allow a person that wins more than $10 million to remain anonymous.  
Link Posted: 1/13/2021 7:58:37 PM EDT
[#39]
I would disappear
Link Posted: 1/13/2021 8:00:12 PM EDT
[#40]
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Shit, I'd make Dan Bilzerian look like a fucking choir boy
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This is the way!
Link Posted: 1/13/2021 8:01:14 PM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
For the truly wise amongst us...
You'd already know to establish a trust or LLC prior to turning in the winning lottery and use ghost/shell corp/LLC/trust as the winner.
That money is yours to play with but doesn't belong to you


Should you be like the poster below... you can't be sued for money that doesn't belong to you.



Oh you poor bastard... You've no idea how badly that will end for you... good way to wind up accused of rape, have a love child, and pay the gold digger...

If you want the caliber of vagene to increase? You move to Florida and shop for girlfriends in Boynton Jupiter Miami.
Most wear G string bikinis on the beach too.

Green and blue eyed raven haired Cuban chicks are where it's at.
I've yet to see one that didn't have beautiful eyes.
I'm not one for blondes. There's a few that caught my eye in/around Miami.
View Quote View All Quotes
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
For the truly wise amongst us...
You'd already know to establish a trust or LLC prior to turning in the winning lottery and use ghost/shell corp/LLC/trust as the winner.
That money is yours to play with but doesn't belong to you


Should you be like the poster below... you can't be sued for money that doesn't belong to you.

Quoted:
Ya'll are foolish. I would tell every THOT that I came across.

The caliber of vagine that you could smash would increase exponentially, if you they know that you're rich.

It would be a whole lot easier than working out.


Oh you poor bastard... You've no idea how badly that will end for you... good way to wind up accused of rape, have a love child, and pay the gold digger...

If you want the caliber of vagene to increase? You move to Florida and shop for girlfriends in Boynton Jupiter Miami.
Most wear G string bikinis on the beach too.

Green and blue eyed raven haired Cuban chicks are where it's at.
I've yet to see one that didn't have beautiful eyes.
I'm not one for blondes. There's a few that caught my eye in/around Miami.

You must of missed the part where I won the lottery!! I can pay all those thots off. If granddaddy taught me anything, it that there’s no love child when you hit the two hole!
Link Posted: 1/13/2021 8:02:04 PM EDT
[#42]
Quoted:
Would you tell the people you date, or how long would you wait to tell them, or would you even tell anyone?

If I was single and dating I wouldn't tell the person(s) I was dating. I would make damn sure that anyone I entered into a long term relationship with was the right person before I uttered shit. I would probably go so far as to have just a regular average house to make them think I was just average. I would also still demand a prenup before marrying anyone.

If my wife and I would win then we have an agreement not to tell anyone including our own families. I would also try to claim it as a trust to try and stay as anonymous and low key as possible. I think I would probably just quit my job and not give a reason or say that I accepted a different job out of state.
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Forget the idea of buying an average house and living anonymously in the burbs. Mega Millions is $750 million. You win it and You will be found quickly. Every broke family member, Real estate tycoon, Investor, beggar and sad story will be at your door.

You will have no choice to live with the rich folks or in a land far, far away.

Link Posted: 1/13/2021 8:04:50 PM EDT
[#43]
I got some pussy once with one of those fake scratch off tickets. It was a $10,000 winner.
Link Posted: 1/13/2021 8:06:55 PM EDT
[#44]
I would stay mum. Probably would not be dating a lot.
Link Posted: 1/13/2021 8:06:55 PM EDT
[#45]
I would remain single....
Link Posted: 1/13/2021 8:09:12 PM EDT
[#46]
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Quoted:
If I was single and hit the lottery, I'd buy a big fuckin boat and go pick up strange in Miami.  Who needs long term relationships when you can have 87 bikini girls at your beckon call.
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Attachment Attached File

Link Posted: 1/13/2021 8:12:09 PM EDT
[#47]
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Quoted:
I'd tell every chick I knew, be buried in an avalanche of gold-digger pussy, and probably be dead in six months.

I'm not an awesome decision maker.
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It's important to know yourself, sounds like you do. Congrats!
Link Posted: 1/13/2021 8:13:10 PM EDT
[#48]
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Quoted:
I got some pussy once with one of those fake scratch off tickets. It was a $10,000 winner.
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go on...
Link Posted: 1/13/2021 8:24:13 PM EDT
[#49]
I'd find a local business and invest in it. I wouldn't have any actual power in the business, just need an office, a title, and be on the "payroll". Now you have a legit fake job to use as cover and an excuse to not be able to do things.
Link Posted: 1/13/2021 8:35:08 PM EDT
[#50]
I'd follow @Austrian's (dunno if he's still on here or not, but he's the lawyer some are referring to) advice, somewhat redacted below (Yes, it's long):

Congratulations! You just won millions of dollars in the lottery! That's great.

Now you're fucked.

No really.

You are.

You're fucked.

I've seen this question (what to do if you win the lottery), a few times on ARFCOM. Amusingly, it recurs quite often. I posted a similar article to this one "back when" but I've updated it with some actual stories and slapped it in GD because, well, why not?

Keep in mind: IAALBNY (I Am A Lawyer, But Not Yours). Consult professional advisers before spending your hard earned lottery cash.

It's long. There are no cliff notes. But if you just want to skip the biographical tales of woe of some of the math-tax protagonists, skip on down to the next line in bold.

You see, it's something of an open secret that winners of obnoxiously large jackpots tend to end up badly with alarming regularity. Not the $1 million dollar winners. But anyone in the nine-figure range is at high risk. Eight-figures? Pretty likely to be screwed. Seven-figures? Yep. Painful. Perhaps this is a consequence of the sample. The demographics of lottery players might be exactly the wrong people to win large sums of money. Or perhaps money is the root of all evil. Either way, you are going to have to be careful. Don't believe me? Consider this:

Large jackpot winners face double digit multiples of probability versus the general population to be the victim of:

Homicide (something like 20x more likely)
Drug overdose
Bankruptcy (how's that for irony?)
Kidnapping

And triple digit multiples of probability versus the general population rate to be:

Convicted of drunk driving
The victim of Homicide (at the hands of a family member) 120x more likely in this case, ain't love grand?
A defendant in a civil lawsuit
A defendant in felony criminal proceedings

Believe it or not, your biggest enemy if you suddenly become possessed of large sums of money is... you. At least you will have the consolation of meeting your fate by your own hand. But if you can't manage it on your own, don't worry. There are any number of willing participants ready to help you start your vicious downward spiral for you. Mind you, many of these will be "friends," "friendly neighbors," or "family." Often, they won't even have evil intentions. But, as I'm sure you know, that makes little difference in the end. Most aren't evil. Most aren't malicious. Some are. None are good for you.


So, what the hell DO you do if you are unlucky enough to win the lottery?

This is the absolutely most important thing you can do right away: NOTHING.

Yes. Nothing.

DO NOT DECLARE YOURSELF THE WINNER yet.

Do NOT tell anyone. The urge is going to be nearly irresistible. Resist it. Trust me.

1. IMMEDIATELY retain an attorney. Get a partner from a larger, NATIONAL firm. Don't let them pawn off junior partners or associates on you. They might try, all law firms might, but insist instead that your lead be a partner who has been with the firm for awhile. Do NOT use your local attorney. Yes, I mean your long-standing family attorney who did your mother's will. Do not use the guy who fought your dry-cleaner bill. Do not use the guy you have trusted your entire life because of his long and faithful service to your family. In fact, do not use any firm that has any connection to family or friends or community. TRUST me. This is bad. You want someone who has never heard of you, any of your friends, or any member of your family. Go the the closest big city and walk into one of the national firms asking for one of the "Trust and Estates" partners you have previously looked up on http://www.martindale.com from one of the largest 50 firms in the United States which has an office near you. You can look up attorneys by practice area and firm on Martindale. The top 50 firms by size are:

Baker & McKenzie
DLA Piper Rudnick Gray Cary
Jones Day
White & Case
Latham & Watkins
Skadden, Arps, Slate, Meagher & Flom
Sidley Austin Brown & Wood
Greenberg Traurig
Mayer Brown, Rowe & Maw
Morgan, Lewis & Bockius
Holland & Knight
Wilmer Cutler Pickering Hale and Dorr
Weil, Gotshal & Manges
Kirkland & Ellis
Morrison & Foerster
McDermott, Will & Emery
Shearman & Sterling
Hogan & Hartson
Kirkpatrick & Lockhart Nicholson Graham
Reed Smith
O’Melveny & Myers
Akin Gump Strauss Hauer & Feld
Paul, Hastings, Janofsky & Walker
Foley & Lardner
Fulbright & Jaworski
Cleary Gottlieb Steen & Hamilton
Pillsbury Winthrop Shaw Pittman
Dechert
King & Spalding
Bingham McCutchen
Wilson, Elser Moskowitz, Edelman & Dicker
Winston & Strawn
Squire, Sanders & Dempsey
Hunton & Williams
Gibson, Dunn & Crutcher
Orrick, Herrington & Sutcliffe
Bryan Cave
Vinson & Elkins
Ropes & Gray
Proskauer Rose
Heller Ehrman
Alston & Bird
McGuireWoods
Simpson Thacher & Bartlett
Baker Botts
Sonnenschein Nath & Rosenthal
Debevoise & Plimpton
Nixon Peabody
Paul, Weiss, Rifkind, Wharton & Garrison
LeBoeuf, Lamb, Greene & MacRae

2. Decide to take the lump sum. Most lotteries pay a really pathetic rate for the annuity. It usually hovers around 4.5% annual return or less, depending. It doesn't take much to do better than this, and if you have the money already in cash, rather than leaving it in the hands of the state, you can pull from the capital whenever you like. If you take the annuity you won't have access to that cash. That could be good. It could be bad. It's probably bad unless you have a very addictive personality. If you need an allowance managed by the state, it is because you didn't listen to point #1 above.

Why not let the state just handle it for you and give you your allowance?

Many state lotteries pay you your "allowence" (the annuity option) by buying U.S. treasury instruments and running the interest payments through their bureaucracy before sending it to you along with a hunk of the principal every month. You will not be beating inflation by much, if at all. There is no reason you couldn't do this yourself, if a low single-digit return is acceptable to you.

You aren't going to get even remotely the amount of the actual jackpot. Take our old friend Mr. Whittaker. Using Whittaker is a good model both because of the reminder of his ignominious decline, and the fact that his winning ticket was one of the larger ones on record. If his situation looks less than stellar to you, you might have a better perspective on how "large" your winnings aren't. Whittaker's "jackpot" was $315 million. He selected the lump-sum cash up-front option, which knocked off $145 million (or 46% of the total) leaving him with $170 million. That was then subject to withholding for taxes of $56 million (33%) leaving him with $114 million.

In general, you should expect to get about half of the original jackpot if you elect a lump sum (maybe better, it depends). After that, you should expect to lose around 33% of your already pruned figure to state and federal taxes. (Your mileage may vary, particularly if you live in a state with aggressive taxation schemes).

3. Decide right now, how much you plan to give to family and friends. This really shouldn't be more than 20% or so. Figure it out right now. Pick your number. Tell your lawyer. That's it. Don't change it. 20% of $114 million is $22.8 million. That leaves you with $91.2 million. DO NOT CONSULT WITH FAMILY when deciding how much to give to family. You are going to get advice that is badly tainted by conflict of interest, and if other family members find out that Aunt Flo was consulted and they weren't you will never hear the end of it. Neither will Aunt Flo. This might later form the basis for an allegation that Aunt Flo unduly influenced you and a lawsuit might magically appear on this basis. No, I'm not kidding. I know of one circumstance (related to a business windfall, not a lottery) where the plaintiffs WON this case.

Do NOT give anyone cash. Ever. Period. Just don't. Do not buy them houses. Do not buy them cars. Tell your attorney that you want to provide for your family, and that you want to set up a series of trusts for them that will total 20% of your after tax winnings. Tell him you want the trust empowered to fund higher education, some help (not a total) purchase of their first home, some provision for weddings and the like, whatever. Do NOT put yourself in the position of handing out cash. Once you do, if you stop, you will be accused of being a heartless bastard (or bitch). Trust me. It won't go well.

It will be easy to lose perspective. It is now the duty of your friends, family, relatives, hangers-on and their inner circle to skew your perspective, and they take this job quite seriously. Setting up a trust, a managed fund for your family that is in the double digit millions is AMAZINGLY generous. You need never have trouble sleeping because you didn't lend Uncle Jerry $20,000 in small denomination unmarked bills to start his chain of deep-fried peanut butter pancake restaurants. ("Deep'n 'nutter Restaurants") Your attorney will have a number of good ideas how to parse this wealth out without turning your siblings/spouse/children/grandchildren/cousins/waitresses into the latest Paris Hilton.

4. You will be encouraged to hire an investment manager. Considerable pressure will be applied. Don't.

Investment managers charge fees, usually a percentage of assets. Consider this: If they charge 1% (which is low, I doubt you could find this deal, actually) they have to beat the market by 1% every year just to break even with a general market index fund. It is not worth it, and you don't need the extra return or the extra risk. Go for the index fund instead if you must invest in stocks. This is a hard rule to follow. They will come recommended by friends. They will come recommended by family. They will be your second cousin on your mother's side. Investment managers will sound smart. They will have lots of cool acronyms. They will have nice PowerPoint presentations. They might (MIGHT) pay for your shrimp cocktail lunch at TGI Friday's while reminding you how poor their side of the family is. They live for this stuff.

You should smile, thank them for their time, and then tell them you will get back to them next week. Don't sign ANYTHING. Don't write it on a cocktail napkin (lottery lawsuit cases have been won and lost over drunkenly scrawled cocktail napkin addition and subtraction figures with lots of zeros on them). Never call them back. Trust me. You will thank me later. This tactic, smiling, thanking people for their time, and promising to get back to people, is going to have to become familiar. You will have to learn to say no gently, without saying the word "no." It sounds underhanded. Sneaky. It is. And its part of your new survival strategy. I mean the word "survival" quite literally.

Get all this figured out BEFORE you claim your winnings. They aren't going anywhere. Just relax.

5. If you elect to be more global about your paranoia, use between 20.00% and 33.00% of what you have not decided to commit to a family fund IMMEDIATELY to purchase a combination of longer term U.S. treasuries (5 or 10 year are a good idea) and perhaps even another G7 treasury instrument. This is your safety net. You will be protected... from yourself.

You are going to be really tempted to starting being a big investor. You are going to be convinced that you can double your money in Vegas with your awesome Roulette system/by funding your friend's amazing idea to sell Lemming dung/buying land for oil drilling/by shorting the North Pole Ice market (global warming, you know). This all sounds tempting because "Even if I lose it all I still have $XX million left! Anyone could live on that comfortably for the rest of their life." Yeah, except for 33% of everyone who won the lottery.

You're not going to double your money, so cool it. Let me say that again. You're not going to double your money, so cool it. Right now, you'll get around 3.5% on the 10 year U.S. treasury. With $18.2 million (20% of $91.2 mil after your absurdly generous family gift) invested in those you will pull down $638,400 per year. If everything else blows up, you still have that, and you will be in the top 1% of income in the United States. So how about you not fuck with it. Eh? And that's income that is damn safe. If we get to the point where the United States defaults on those instruments, we are in far worse shape than worrying about money.

If you are really paranoid, you might consider picking another G7 or otherwise mainstream country other than the U.S. according to where you want to live if the United States dissolves into anarchy or Britney Spears is elected to the United States Senate. Put some fraction in something like Swiss Government Bonds at 3%. If the Swiss stop paying on their government debt, well, then you know money really means nothing anywhere on the globe anymore. I'd study small field sustainable agriculture if you think this is a possibility. You might have to start feedng yourself.

6. That leaves, say, 80% of $91.2 million or $72.9 million. Here is where things start to get less clear. Personally, I think you should dump half of this, or $36.4 million, into a boring S&P 500 index fund. Find something with low fees. You are going to be constantly tempted to retain "sophisticated" advisers who charge "nominal fees." Don't. Period. Even if you lose every other dime, you have $638,400 per year you didn't have before that will keep coming in until the United States falls into chaos. Fuck advisers and their fees. Instead, drop your $36.4 million in the market in a low fee vehicle. Unless we have an unprecedented downturn the likes of which the United States has never seen, should return around 7.00% or so over the next 10 years. You should expect to touch not even a dime of this money for 10 or 15 or even 20 years. In 20 years $36.4 million could easily become $115 million.

7. So you have put a safety net in place. You have provided for your family beyond your wildest dreams. And you still have $36.4 million in "cash." You know you will be getting $638,400 per year unless the capital building is burning, you don't ever need to give anyone you care about cash, since they are provided for generously and responsibly (and can't blow it in Vegas) and you have a HUGE nest egg that is growing at market rates. (Given the recent dip, you'll be buying in at great prices for the market). What now? Whatever you want. Go ahead and burn through $36.4 million in hookers and blow if you want. You've got more security than 99% of the country. A lot of it is in trusts so even if you are sued your family will live well, and progress across generations. If your lawyer is worth his salt (I bet he is) then you will be insulated from most lawsuits anyhow. Buy a nice house or two, make sure they aren't stupid investments though. Go ahead and be an angel investor and fund some startups, but REFUSE to do it for anyone you know. (Friends and money, oil and water - Michael Corleone) Play. Have fun. You earned it by putting together the shoe sizes of your whole family on one ticket and winning the jackpot.

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