Sohh we playing the Lottery tonight? $530 Million

lotteryplaya

Winning a big lottery jackpot is my dream.
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The Louisiana winners are remaining anonymous by allowing a lawyer to claim the jackpot.:wow: They wont have family, friends and criminals trying to get the money because no one will know who won unless the lifestyle changes dramatically without a good cover story.


An October Powerball drawing that awarded a $191 million jackpot to a ticket purchased in Louisiana was claimed by an attorney representing a partnership, in order to mask the winners from public scrutiny.

Lafayette attorney Jean C. Breaux Jr. appeared at Lottery headquarters Tuesday morning with the Powerball ticket worth an estimated $191.1 million and claimed the prize via a Power of Attorney on behalf of his client, a three-member family partnership.

The group, 292 Family Partnership, opted for the lump sum prize payment option equal to the cash value of the jackpot, which was $119,492,685 for the Oct. 25 drawing. The payout represents the largest single prize ever won in the Lottery's 26-year history.

In a prepared statement, they said "We are absolutely elated that we won. We are a quiet family and prefer not to be treated as celebrities. As for our plans, we like to travel and will continue to do that — may even upgrade a bit! For those that say you'll never win, well never was on October 25th!"

According to a release from the Louisiana Lottery, Breaux said his clients played the Lottery regularly, keeping copies of their Powerball tickets. In fact, the winning ticket purchased by one of the members was taken to work with him offshore and back via helicopter.

"The winner checked the numbers against an older ticket on his phone and did not check the correct ticket until two members spoke on the phone," he shared.

Partnership members had a long-standing agreement to share their winnings should they win; the partnership received $83,644,879 after state and federal tax withholdings, with which they will "partially retire."

"It's a landmark day at the Lottery," said Lottery President Rose Hudson. "One of the best parts of our job is getting to hear Louisiana winners' stories and share in their life-changing experiences. We are pleased to welcome these new winners to the Lottery's Powerball millionaires club which is over 70 winners strong."

This historic winning ticket was sold at Brownie's, located at 150 West Maple in Eunice, which will receive a bonus of $25,000 for selling this winning ticket.

Owner Jeffery Duplechin said he plans to take his family on a small vacation with some of the windfall. "I'm very excited to put Eunice on the map with this big win," Duplechin said, while admitting he isn't surprised Brownie's sold the jackpot winning ticket. "It's well known that successful tickets are sold here."

The winning numbers for the Oct. 25 drawing were 18, 22, 29, 54, and 57, with Powerball number 8.
$191 million Louisiana Powerball lottery winner claims prize | Lottery Post
www.wdsu.com/article/lafayette-attorney-claims-record-dollar1911-million-jackpot-on-behalf-of-family-partnership/14418413


 

lotteryplaya

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Survey: Many investors would make questionable decisions after winning the lottery | Lottery Post

Survey: Many investors would make questionable decisions after winning the lottery
Dec 19, 2017, 9:18 am
The odds of winning the Powerball jackpot are a slim 1 in 292,201,338; the Mega Millions is 1 in 302,575,350. But that doesn't stop people from dreaming about how they'd handle a big-ticket lottery win.

Asked to allocate a multimillion-dollar lottery win, consumers said they would put roughly two-thirds into savings — saving an average 52 percent of the prize for themselves and 16 percent for others, according to a new survey from TD Ameritrade provided exclusively to CNBC.com. Of the remaining funds, those hypothetical winners anticipate spending for themselves (11 percent) and on others (10 percent), and donating to charity (11 percent).

TD Ameritrade polled 1,005 American adult investors in early October.

As of Tuesday morning, the Mega Millions jackpot was $223 million and the Powerball was $269 million. Both games had their most recent jackpot wins in late October. (Although large, neither is a record amount: For either to land in the top 10 of U.S. jackpots, they would have to surpass the $448.4 million Powerball shared by two winners in August 2013.)

The next Mega Millions drawing is at 11 p.m. ET on Tuesday, and the next Powerball drawing is at 10:59 p.m. ET on Wednesday.

Making the most of a jackpot

Consumers saying they plan to save the bulk of a big lottery win was a welcome surprise, especially amid public stories of lottery winners who financially struggle or file for bankruptcy protection, said David Lynch, a managing director and head of branches at TD Ameritrade. He also cheered consumers' "pay it forward" intent of donating to charity and helping boost savings for friends and family.

"You hope that's actually how they do behave" if they win, Lynch said.

But other elements of would-be winners' ticket-claiming plans could prove problematic for achieving those financial goals.

Roughly 4 in 10 told TD Ameritrade they would claim the winning ticket immediately versus waiting to come forward, while 1 in 5 said they would claim the ticket "with no outside help" from a lawyer, accountant or financial advisor. Almost half would quit their job immediately. (See chart below.)

Those actions run afoul of advice experts typically give jackpot winners.

"Just slow down," Lynch said. "Don't make any quick decisions. Don't rush into anything."

Claiming the prize without or before consulting a team of experts could be an especially expensive mistake.

"Just going on your own and doing [the claim], it puts you a step behind," said Jason Kurland, a partner with Certilman Balin Adler & Hyman in East Meadow, New York, who is known as the Lottery Lawyer.

"This is such a lucky opportunity," he said. "Winners only get one chance to do it right."

For example, 90.7 percent of consumers told TD Ameritrade they would remain anonymous in claiming their prize. But the feasibility of that varies widely by state, Kurland said — and staying anonymous may require a lawyer's assistance in setting up a trust, LLC, or other entity ahead of claiming, or to negotiate with the state lottery commission.

Advice from a financial advisor and accountant can be key in helping you figure out whether to take the lump sum or the annuity, if it makes sense to quit your job and how much you'll have left after taxes for saving and spending. (That last line item is notably absent from how winners in TD Ameritrade's assessment plan to divvy up their prize.)

Your net take-home is an especially important number, said Cicily Maton, a partner and senior financial planner at The Planning Center in Chicago. Individuals who come into a sudden windfall (whether a signing bonus, inheritance or lottery win) tend to anchor on the initial number before taxes and other expenses, an inflation that can lead to overspending.

"The number that stays in their mind is, 'I'm a millionaire with $30 million,' not the day-to-day total," said Maton, who is also a certified financial planner.

Ideally, before you make any big purchases or pledge gifts to others, you'd sit down and make a "bliss list" of all your immediate wants, long-term aims and other dreams for the money, Maton said. Then you can start prioritizing and putting numbers to those competing goals, adjusting them as needed.

"We have a saying: 'You can do anything you want, but not everything,'" she said.





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lotteryplaya

Winning a big lottery jackpot is my dream.
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Combined over $500 million just in time for Christmas:wow:
















ResNIQn.jpg



 
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lotteryplaya

Winning a big lottery jackpot is my dream.
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We talked in a few lottery threads on here about how Patel is a last name you see a lot in every state lottery winners list. I just saw two patels as winners in second chance drawings where you enter old lottery tickets. Since they or their relatives own the stores they can enter thousands of losing tickets from the trash and they can watch people buy losers all day and know when to buy the winning ticket for themselves. They can also do what we mentioned before by buying winning tickets at a discount from people in the country illegally or people dodging child support and tax evasion.

Georgia Lottery denies millions in prizes to winners of scratch-off games | Lottery Post
The Georgia Lottery Commission has refused to pay more than $17.1 million in scratch-off game prizes since 2014 — the year lottery officials instituted a policy of investigating big-money winners.

The lottery has issued 270 denial letters to winners of $1,000 or more in the past four years, citing a variety of suspicions that could be fraud: people who claim multiple winning games in a relatively short period of time; winners who can't identify where or when the game was purchased; or individuals who are untruthful about having relationships with store owners who sell the games.

But a handful of lawsuits, challenging million-dollar denials, are testing the agency's ability to withhold prize money without specific evidence of cheating.

The suits claim the lottery's system of investigating winners is discriminatory — that they "interrogate" winners who often have trouble speaking and understanding English, then seize on small discrepancies in the answers to unjustly deny awards.

A review of the denial letters found 63 percent were issued to people of Indian, Asian or Hispanic descent. People with the common last name Patel make up 23 percent of the denials, according to the analysis.

Lottery officials claim there is no inherent discrimination in the procedures, which they say are necessary to maintain fairness for everyone who plays.

"We take each (prize) application as we see it, each application stands on its own merits," said Joe Kim, the lottery's general counsel. "I don't think it's appropriate for anyone to draw conclusions about how we treat ethnic groups based on 270 denial letters.

"We process more than 100,000 claims a year."

Kim declined to answer additional questions because of the pending litigation. But in a Nov. 29 deposition for a lawsuit contesting his denial of a $5 million prize, Kim said the agency has five investigators who interview prize winners when suspicions are raised.

He also said the lottery does not provide interpreters during interviews, nor are they recorded. The decision of whether to pay a prize is Kim's alone, although the investigators provide input, according to the deposition.

"I don't consider race, origin, gender, anything" when determining whether to pay a prize, Kim said in the deposition. "I just consider the facts."

Attorneys suing the lottery aren't so sure.

Mark Spix, an attorney who has clashed with Kim and the lottery during his representation of store owners who lease coin-operated slot machines, said the law doesn't support Kim's refusal to pay because of mere suspicion that the person claiming the prize did not buy the game.

Spix also said the lottery needs to provide interpreters and recorded interviews to make sure the questions and answers are clear and documented. He and attorney Jared Lina represent Ramilaben Patel in a suit claiming that a $5 million prize was unjustly withheld.

"The other thing is we think the process needs to be taken away from Joe Kim," Spix said.

Suspicious prize claims

The lottery sells more than 60 different scratch-off games, costing from $1 to $30 per ticket.

The odds of winning a prize with any particular game vary slightly, but all are roughly 1 in 3. But the odds of winning big payouts are minuscule.

For example, the $30 Super Max The Money game has overall odds of winning at 1 in 2.78. The odds of winning $100 is 1 in 38; the odds of winning $5,000 is 1 in 60,000 — and the odds of winning the $10 million grand prize is 1 in 4.2 million, according to the Lottery's website. Since 2014, scratch-off games have paid out $1 million or more 192 times.

There is no warning on the games that prizes can be withheld, although the fine print does say that winners are "subject to Lottery rules and applicable state law."

Kim said the system of investigating winning games became necessary when lottery officials noticed some individuals were claiming prizes at statistically impossible rates.

"We had some people that had claimed — I think there were a dozen that had claimed over a hundred prizes," Kim said in the deposition. "There were 60 or 70 people that had claimed over 50. Everyone knew they were cashing tickets for other people.

"That was kind of the first step in taking a closer look and doing more investigation of suspicious prize claims."

Clarence Dobson, who listed his address as a post office box in Patterson, Ga., was denied prizes of $1,000 and $5,000 in November 2014. A letter to Dobson said the prize money would not be awarded because he had redeemed 43 tickets over a three-year period, and claimed multiple winning tickets on the same day.

"The extraordinarily improbably win patterns... create a prima facie case that tickets are being given to you by third parties," the letter says.

Sometimes the investigations are more complex. Ankita Patel, of Thomasville, was rejected for a $5,000 prize last year and a $1,000 prize in June. In both cases, the prize was denied because Patel allegedly misrepresented her relationship with the store owner where the game was purchased.

Patel said she lived on Pheasant Ridge in Thomasville, when her license showed an address on Hawks Crest.

"This is the same address as the owner of the store ... who has previously submitted an astonishing 33 winning tickets," the denial letters say. "Your attempt to conceal these facts create a prima facie case that you are cashing the ticket for Mr. Patel or that you are cashing the ticket for one of Mr. Patel's confederates."

A congratulations, then a denial

The denial letters most commonly refer to aspects of the law that prohibit people claiming prize money for others, and requires withholding any money owed to the state when prizes are paid.

Sunitabahen Patel, of Jessup, was denied a $1 million prize in 2014 after she told the lottery her daughter purchased the game as a birthday gift for her on June 7 of that year. Lottery investigators determined that the packet from which the game originated was not made available for purchase until June 14.

Sunitabahen, Ramilaben and Ankita Patel are not related.

The letter written by Kim says Sunitabahen Patel's statement that the game was purchased on June 7 was "fatal to the legitimacy of the purchase of the ticket."

Her lawsuit takes issue with the lottery's process in getting that information out of Sunitabahen Patel, who speaks only Gujarati, one of two dozen major languages spoken in India.

The lottery "did not have a certified Gujarati translator present during the interrogation" and Patel "simply could not understand why she was being questioned repeatedly in a language which she does not understand," the lawsuit says.

Atlanta attorney David Jaffer represents Sunitabahen Patel and said the denial came after the family received a congratulatory letter from the lottery.

"Look at the roller coaster the Georgia Lottery has put these people through: 'Congratulations you've won.' Then, 'Sorry, we're not going to pay you,'" Jaffer said. "These are hard-working folks, and the mental impact has really affected the whole family. The dad nearly went crazy."

Kim said in a deposition that the letter of congratulations, signed by Lottery President Debbie Alford, is a form letter sent before any investigation of the claim.

Lottery going too far, lawyer says

The lottery used similar reasons for denial of Ramilaben Patel's $5 million prize. Her son, Nil Patel, served as an interpreter during the interview and said the game was purchased June 1, 2016. Kim wrote in the denial letter that the game wasn't delivered to the store until June 7.

The letter also says the Patels both stated that Ramilaben Patel was the only person who ever had possession of the game, but an in-store video at a Kroger in DeKalb County showed one of her sons scanning the game to make sure it was a winner.

"These facts can lead to no conclusion other than that you are cashing the ticket for someone else," Kim wrote in the denial letter.

In the deposition, Kim said he doesn't know who is the real owner of the winning game; he has no evidence proving Patel submitted the ticket for someone else; and that lottery officials have never attempted to determine if Patel or her family members owe money to the state.

"She claimed to have bought the ticket and claimed to have had sole and exclusive possession of the ticket and that turned out not to be true," Kim said in the deposition. "She claims to have bought the ticket on her birthday. That would not have been possible."

Spix said Patel's statements are "mistakes made by the way the lottery goes about trying to reconcile these things."

"I don't really think they believe they can and should deny payment for everyone (who) can't remember from what store they bought the ticket," Spix said. "They're pushing the envelope with their interpretation. We hope these cases will show they can't do that."

Spix and the other attorneys allowed Ramilaben Patel and her son, Rohit, to be photographed, but they would not permit the family to answer questions because of their pending litigation against the lottery.

Jaffer said clear cases of fraud should be prosecuted, but denying prizes based on speculation undermines the lottery's integrity.

"This is a license by the state to... administer the lottery and it carries with it responsibilities," Jaffer said. "When people win, they expect to be paid."

But Kim said in the deposition that there has to be consequence when someone tries to cash in a winning game that doesn't belong to them. Withholding prize money is a logical consequence, he said.

"If people are entitled to a free (chance) to try to get somebody to cash the ticket for them ... that just encourages the attempts to try and circumvent the statute," Kim said.

(Click to display full-size in gallery)Ramilaben Patel (left), photographed with her son, Rohit Patel, won a $5 million scratch-off prize but has been denied payment after Georgia Lottery officials accused her of attempting to claim the prize for someone else. The dispute is now the subject of a lawsuit in Fulton County Superior Court and tests the Lottery's ability to deny prizes without specific proof of fraud.
 

lotteryplaya

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I hope no one wins either lottery so it can keep going up :lupe:
This. They are talking about El Gordo in the news getting divided between thousands of people at almost 3 billion dollars and it makes me want the powerball or megamillions to keep rolling that big. They grow so slow that it will be Valentines Day by the time they roll to a few billion. We have so many casual players just out shopping with family and visiting family and friends in different states that buy tickets with their extra change making the jackpot jump a little. We need to see that $10 billion dollar jackpot that the whole world will be talking about or both powerball and megamillions jackpots combined being $10 billion dollars.
One day we will see an eleven figure lottery jackpot...with one winner.:wow:

 
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