All: Hopefully this is easy to follow. Unfortunately, I cannot post the fancy version I created as an image.
Flowchart Options for Claiming a Jackpot.
Your state is 100% anonymous for individuals per the lottery rules. (your win is over the threshold amount for anonymity and there are no time limit restrictions on the anonymity).
|
Your state is 100 % non anonymous for individuals per the lottery rules.
|
Limited anonymity.
Your state is anonymous for a limited amount of time and/or win threshold amount.
|
Your state lottery rules allow for claiming via a trust or LLC.
|
|
|
V
|
V
|
V
|
V
|
|
|
Claim the Jackpot anonymously.
|
Well… the state lottery rules do not matter since your attorney can always claim on your behalf and you can remain anonymous.
|
Claim the jackpot anonymously or not anonymously depending on win amount and/or your time restrictions.
|
Your state law (State FOIA or Right to know law) permits the release of the name of the trust or LLC only (i.e. “Retire to Florida Trust”) upon request.
|
>
|
You can still likely remain anonymous since the trust or LLC name does not include your name
|
|
V
|
|
V
|
|
|
|
Incorrect!!! Your attorney =you. No anonymous claiming option. Your win will not be anonymous.
|
|
Your state law (State FOIA or Right to know law) also mandates the release upon request of the actual winner’s name behind the trust or LLC.
|
>
|
Your win will not remain anonymous if someone requests the information
|