Windfall $ ?? Keep your mouth tightly shut! Zip it!

The Heretic · Nov 16, 2023

A $1.35 billion lottery winner is suing the mother of his child, saying she told his family about the money

A lottery winner is suing the mother of his child, accusing her of revealing his $1.35 billion jackpot win to the rest of his family.

news.yahoo.com

Alexx1401 · Nov 16, 2023

It was damn smart of him to make her sign an NDA. Will be interesting to see if she really did run her mouth and if so, how much it ends up costing her.

The Heretic · Nov 16, 2023

Alexx1401 said:
It was damn smart of him to make her sign an NDA. Will be interesting to see if she really did run her mouth and if so, how much it ends up costing her.

She just could not resist the temptation to tell someone - even though it will probably cost her some $$$$$$.

If I won mega $, I would only tell my daughter and her husband, after they swore to silence. I could trust them not to tell anybody else, and they would know anyway since I would give them enough that they would have no debt and not have to work anymore. Beyond that, I would probably not tell anybody - certainly not my ex and not any prospective GFs (I learned decades ago not to trust them with $, even when I was poor).

Alexx1401 · Nov 16, 2023

The Heretic said:
She just could not resist the temptation to tell someone - even though it will probably cost her some $$$$$$.

If I won mega $, I would only tell my daughter and her husband, after they swore to silence. I could trust them not to tell anybody else, and they would know anyway since I would give them enough that they would have no debt and not have to work anymore. Beyond that, I would probably not tell anybody - certainly not my ex and not any prospective GFs (I learned decades ago not to trust them with $, even when I was poor).

If I ever hit no way in hell would I tell my family. Kids would of course know and they would be told. Keep your yap shut or don't plan to spend any of it. :s0140:

The Heretic · Nov 16, 2023

Alexx1401 said:
If I ever hit no way in hell would I tell my family. Kids would of course know and they would be told. Keep your yap shut or don't plan to spend any of it.

My daughter is wise enough to know to keep quiet and not tell anybody - she is very private to start with, and is very estranged from her mother (my ex-wife - who would immediately start demanding $). I wouldn't be concerned about my brothers, but I think it would just be best to keep the info to myself.

I would be inclined to anonymously provide something for my ex and a few other people, but only if they had no way to connect it back to me.

Hawaiian · Nov 16, 2023

Sorry, but the news media in Oregon will tell the world who the winner is. While the Oregon Lottery allows the winner to request not to be identified, the media will file a FOIA records request and the Oregon Lottery Commission will be legally required to release identity of the winner.
Some states have laws which allow for protection of the winners identity, Oregon does not.
So, plan to go into hiding from friends, family, charitable organizations, and other beggars with sob stories. They will all be coming for your $.

The Heretic · Nov 16, 2023

Hawaiian said:
Sorry, but the news media in Oregon will tell the world who the winner is. While the Oregon Lottery allows the winner to request not to be identified, the media will file a FOIA records request and the Oregon Lottery Commission will be legally required to release identity of the winner.
Some states have laws which allow for protection of the winners identity, Oregon does not.
So, plan to go into hiding from friends, family, charitable organizations, and other beggars with sob stories. They will all be coming for your $.

I would get a lawyer and setup a trust to keep it anonymous - I think I can do that in any state?

dosomeplowin · Nov 16, 2023

I don't think there's a current workaround/way to stay anonymous. Straight from the Oregon Lottery website:

"If I win a prize, can I stay anonymous?

Nope. There are just a handful of lotteries in the U.S. that do allow winners to remain anonymous. In Oregon, certain information about Lottery prizes is public record, including the name of the winner, amount of the prize, date of the drawing, name of the game played and city in which the winning ticket was purchased."

The Heretic · Nov 16, 2023

dosomeplowin said:
I don't think there's a current workaround/way to stay anonymous. Straight from the Oregon Lottery website:

"If I win a prize, can I stay anonymous?

Nope. There are just a handful of lotteries in the U.S. that do allow winners to remain anonymous. In Oregon, certain information about Lottery prizes is public record, including the name of the winner, amount of the prize, date of the drawing, name of the game played and city in which the winning ticket was purchased."

Powerball Publicity: Can Winners Stay Anonymous?

Ever wondered if you can stay anonymous in the event of a Powerball jackpot win? Find out which states allow anonymity or publicity.

www.powerball.net

Certaindeaf · Nov 16, 2023

I don't worry about it since I don't gamble. However, were I to recieve a windfall of many millions, I'd hire a flat fee financial advisor and or tax accountant and that's about it.
Saying "No" is easy for me so screw going into hiding.

kmk1012 · Nov 17, 2023

I would have a hard time keeping my mouth shut, although I'm pretty good at saying no when it needs to be said. I'm also really good at disappointing people too so there's that going for me.

ilikegunspdx · Nov 17, 2023

It would be simpler if people learned to use the word "no".

L84Cabo · Nov 17, 2023

Pro Tip:

1) 95% of women can't keep their mouths shut to save their life.
2) He should have made the penalty MUCH higher...like $10M if she shoots her mouth off
3) She probably still would have shot her mouth off because...
4) 95% of women can't keep their mouths shut to save their life
5) But at least he would have made more money out of the deal

Choose wisely gentlemen...and may the odds be ever in your favor.

ilikegunspdx · Nov 17, 2023

L84Cabo said:
Pro Tip:

1) 95% of women can't keep their mouths shut to save their life.
2) He should have made the penalty MUCH higher...like $10M if she shoots her mouth off
3) She probably still would have shot her mouth off because...
4) 95% of women can't keep their mouths shut to save their life
5) But at least he would have made more money out of the deal

Choose wisely gentlemen...and may the odds be ever in your favor.

I didn't read the article. Did his wife divorce him to get the $ or something? Should have made an s corp and structured it so even if the court gave a charging order they could not get to the $. As far as relatives asking for $, setting up a foundation for giving means any giving is not at his discretion, so they can apply if they are a non profit and compete with other non profits to get any $ designated for "giving".

The Heretic · Nov 17, 2023

ilikegunspdx said:
Did his wife divorce him to get the $ or something?

Girlfriend

Unless they live in a palimony state or they had a common law marriage - I don't think she would get anything without his explicit consent - although, maybe he already gave her some in return for the NDA.

Either way, she was stupid to open her mouth and he was smart to make her sign an NDA.

ma96782 · Nov 17, 2023

Hawaiian said:
Sorry, but the news media in Oregon will tell the world who the winner is. While the Oregon Lottery allows the winner to request not to be identified, the media will file a FOIA records request and the Oregon Lottery Commission will be legally required to release identity of the winner.
Some states have laws which allow for protection of the winners identity, Oregon does not.
So, plan to go into hiding from friends, family, charitable organizations, and other beggars with sob stories. They will all be coming for your $.