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re: Friday Megamillon Winner

Posted on 7/16/22 at 2:27 am to
Posted by Jim Rockford
Member since May 2011
98381 posts
Posted on 7/16/22 at 2:27 am to
Probably need a hedge fund or private equity group. I'm guessing it would take more than 10mm but it would be worth it to keep the crazies away if you could truly stay anonymous. I don't know if you could unless you told no one, not even your closest family, and didn't change your lifestyle at all.

Your best bet would be to move someplace like Switzerland or Dubai where that kind of wealth is commonplace and nobody gives a shite. Some people would be content uprooting themselves like that. Most wouldn't.
Posted by OleVaught14
Member since Jun 2019
6889 posts
Posted on 7/16/22 at 7:52 am to
quote:

Your best bet would be to move someplace like Switzerland or Dubai


I already have my house in Mallorca picked out
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6147 posts
Posted on 7/16/22 at 10:35 am to
quote:

Probably need a hedge fund or private equity group. I'm guessing it would take more than 10mm but it would be worth it to keep the crazies away if you could truly stay anonymous.


It’s easily done even in states like Louisiana where you “supposedly” can’t remain anonymous.

It’s done through LLCs and trusts.

As for the payout vs lump. Default would be the biggest concern but you could end up with more money if invested correctly.
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