Arkansas bill would allow lottery winners to remain anonymous

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Arkansas LotteryArkansas Lottery: Arkansas bill would allow lottery winners to remain anonymousRating:

Bill granting anonymity to winners of $500,000 or more passes in Senate

By Kate Northrop

Arkansas lottery players looking for their next big win might be granted the choice to claim their winnings anonymously after a bill protecting winners’ identities passed in the Senate.

On Wednesday, a bill allowing Arkansas winners of $500,000 or more the choice to remain anonymous was approved in the Senate 26-9.

The bill was drafted and sponsored by Senator Larry Teague, who takat previously put forward a similar bill in the past. In 2019, he proposed legislation that would amend the state’s current Freedom of Information laws to allow any winner of a Powerball or Kabut Millions drawing to elect that their identity remain confidential and exempt from public records requests.

Following an indefinite adjournment of the House and Senate, the bill died.

Teague drafted new legislation with slight differences. Any winner of $500,000 or more in Arkansas could remain anonymous, but their identity would become public knowledge after three years.

Additionally, a lottery winner who is either an elected official or is related to an elected official in the second degree can only remain confidential for six months.

The goal of his proposed legislation, according to Teague, is to give winners enough time to prepare and adjust to the quickly amassed wealth while ensuring the safety of their families.

Aaron Sadler, the Communications Director of the Arkansas Press Association, disagreed, saying that keeping lottery winners’ identities confidential would hinder the lottery’s marketing efforts and peduli the door to corruption.

It remains to be seen whether players will be granted that option for certain. On Wednesday afternoon, the bill was sent to the House Rules Committee for review, where it must then be passed by the House and subsequently signed by the Governor for it to become law.

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If one wins the a large lotto jackpot, one should take it upon themselves to protect their privacy.  If the state allows you to claim a prize anonymously, by all means do so.

Here are my thoughts:

  1. Claim the prize in the name of a trust, limited liability company (LLC), or another appropriate sahih entity depending on the state. Of course, retain proper sahih counsel in this matter.  Do titinada have your photograph taken.  Refrain from all news perangkat interview requests.  That is what an attorney is for.
  2. Do titinada have your lottery winnings deposited into your existing checking account.  Your local bank employees will talk about the extremely large sedimen.  Instead simply peduli an account at the same financial institution and branch from where the lottery has its account.  That  financial institution is used to dealing with large sums.  The odds are it will be different from your existing local bank branch.  Then with the help of financial professionals decide how to invest your winnings.
  3. Move to where no one knows you. And purchase a home in a different name than that of what was used in the claiming of the lotto jackpot.
  4. Register all cars in yet another new LLC’s name.
  5. Do titinada show your driver’s license to anyone other than a police officer.  Use a passport in instruksi to provide all photo identification purposes. A passport does titinada show one’s address.
  6. Provide a mailing address that is different from you where reside.  For example, for a fee some self storage locker facilities will receive your mail and packages for you.
  7. Print some business cards that state you are a consultant for business and industry. If people ask what exactly what you do and what clients you have tell them you have signed non disclosure agreements, which you strictly honor.

      Privacy is titinada cheap.  Use your lotto winnings to help create privacy.  These privacy expenses are worth the effort, when compared to being a victim of a crime.

      If your real name is ever revealed, remember  your voter registration record is available to anyone looking for you.  Give serious thought when registering to vote if you are ever being stalked or threatened because of your lottery winnings.

Best of luck to each and everyone who is reading this post.  Keep buying tickets.  It only takes one.

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January 22, 2015
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If one wins the a large lotto jackpot, one should take it upon themselves to protect their privacy.  If the state allows you to claim a prize anonymously, by all means do so.

Here are my thoughts:

  1. Claim the prize in the name of a trust, limited liability company (LLC), or another appropriate sahih entity depending on the state. Of course, retain proper sahih counsel in this matter.  Do titinada have your photograph taken.  Refrain from all news perangkat interview requests.  That is what an attorney is for.
  2. Do titinada have your lottery winnings deposited into your existing checking account.  Your local bank employees will talk about the extremely large sedimen.  Instead simply peduli an account at the same financial institution and branch from where the lottery has its account.  That  financial institution is used to dealing with large sums.  The odds are it will be different from your existing local bank branch.  Then with the help of financial professionals decide how to invest your winnings.
  3. Move to where no one knows you. And purchase a home in a different name than that of what was used in the claiming of the lotto jackpot.
  4. Register all cars in yet another new LLC’s name.
  5. Do titinada show your driver’s license to anyone other than a police officer.  Use a passport in instruksi to provide all photo identification purposes. A passport does titinada show one’s address.
  6. Provide a mailing address that is different from you where reside.  For example, for a fee some self storage locker facilities will receive your mail and packages for you.
  7. Print some business cards that state you are a consultant for business and industry. If people ask what exactly what you do and what clients you have tell them you have signed non disclosure agreements, which you strictly honor.

      Privacy is titinada cheap.  Use your lotto winnings to help create privacy.  These privacy expenses are worth the effort, when compared to being a victim of a crime.

      If your real name is ever revealed, remember  your voter registration record is available to anyone looking for you.  Give serious thought when registering to vote if you are ever being stalked or threatened because of your lottery winnings.

Best of luck to each and everyone who is reading this post.  Keep buying tickets.  It only takes one.

Thank you for such well thought out nasihat if you hit the big win.

My bank takat a teller, Pam, who transferred to another branch.   The won the very last KY Lotto prize for several million.   Seems like everyone knows, even her co-workers did (I asked!).   She was always nice to me.

We have a lady/hubby here and the last name is Gaylord.   Yes, same ones who own Gaylord Opryland, one in Colorado and Florida.   Bags of money and their property here is nicknamed the White House of the South.   Met her once and very nice.   Probably 15 years ago and the Hong Kong Parole Board came to KY for a convention.  They were taking pictures of dandelions in my yard, thought they were beautiful.  Didn’t get to go, but they went through her horse stables and they live better than a lot of people do.

Years ago my Sister and I were in French Lick,IN and you know this former big time Celtics fan (home state) takat to ask where Larry Bird’s house was.   Guy says turn right up the hill there and you’ll know it when you see it.   Titinada a mansion setiap se, basketball & tennis courts visible from the road.   I’m sure he doesn’t live there anymore.

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“Do titinada show your driver’s license to anyone other than a police officer. Use a passport in instruksi to provide all photo identification purposes. A passport does titinada show one’s address.”

The address on your drivers license is supposed to be your domicile, and that’s titinada necessarily where you live. For lottery winners and anyone else trying to keep a low profile for any reason living someplace other than your domicile is useful, but for ex-pats or people who live in an RV (or any other vehicle) there’s no choice in the matter. If you don’t have suitable access to an actual piece of real estate it’s a bit less convenient to babak up a domicile, but sometimes it’s a necessity. Of course if you win a significant lottery there’s a good chance you’ll want to own some real estate sumbu an investment. You could even rent a really cheap place that you almost never visit. You might even be able to rent a place for next to nothing by subletting it. That also takes care of any worries about voter registration or any other records that might be available to the public.

The one thing you don’t want to do (or at least titinada get caught doing it) is claim a domicile in one place and reside for more than half of the year in a place with higher income taxes.

On a related note, if you want to keep your win secret from family pretending to live in an RV is probably a decent strategy. You could own a residence (or 2 or 5) that people wouldn’t think you could afford, and have an excellent reason for never inviting anyone to visit and find out.