http://abcnews.go.com/Business/mega-millions-lottery-jackpot-results-dreams-super-rich/story?id=8430220
That article doesn't take into consideration all the precautions you'll have to take if you actually won.
However, I have...
NOTE: This is assuming that you won big, like hitting the Powerball jackpot when it’s over $100,000,000. This plan also goes into effect once you’ve claimed the prize. In fact, I recommend doing as many of these things as you can, regardless of whether you ever win the lottery or not.
1.) Tell the world you are not a bank and will not be making any loans under any circumstances.
This one is more important than all other considerations and must be adhered to at all costs. In fact, if there’s a press conference when you collect your winnings, you should state this to the media now.
Be really nasty about it, too.
For example, say that you don’t care if one of your relatives (whether you’ve met him before or not) is dying from Cancer and needs money for medical treatment. You don’t have to be as cruel as Mr. Burns from The Simpsons (unless you want to) but, you do have to make your intentions clear. Your money is yours and it will be spent on what you want.
2.) Hire a good Lawyer, Estate Planner & CPA.
3.) Hire a second good Lawyer, Estate Planner & CPA to keep an eye on the first group.
Don’t let the first group know that the second group exists.
4.) Hire a third good Lawyer, Estate Planner & CPA to keep an eye on the first & second groups.
Don’t let the first & second group know that the third group exists.
5.) Invest the money into something that’s (usually) safe; like gold, treasury bonds, et al.
Let it sit there and collect interest until you really need the money for something critical. Examples of this include big ticket items like medical bills (preferably your own, not someone else’s bills. Remember, you don’t care if Cousin Johnny is dying from Cancer. He should have made sure his insurance would cover such a calamity…)
6.) About that Last Will & Testament…
Have the Estate Planner include certain provisos in your Will that make it difficult for anyone to get money; especially if foul play and/or unnatural causes are suspected in your death.
If you’re married and/or have children, tell them they will be taken care of, and nothing else. Never give them any details. Tell everyone else they have nothing coming to them in your Will. This should make them less motivated to speed up your meeting with the Grim Reaper.
It’s sad but, there is a chance that a friend or relative will try to kill you, hoping to get a piece of your estate. It’s happened to Lottery Winners before. Be careful.
7.) Move to a new house.
Don’t tell anyone what the new address and phone number is unless they absolutely need to know. Be sure to keep the costs of this new house in mind when looking at the real estate market. No Beverly Hills mansions.
The best homes to get will either be a…
A.) A home on several acres of land in a remote rural area.
B.) A really odd place no one would expect, like a Cold War-era nuclear missile silo converted into a luxurious (and bomb-proof) home.
Link: http://www.missilebases.com/properties
C.) A 1-family home in Suburbia somewhere is also good… if you want to risk hiding in plain sight. However, this must be in an entirely new city, not just on the other side of town.
Be sure to not get to know your neighbors… or at least don’t let them get to know you. Remember no one needs to know that you are rich!!!
8.) Get a myriad of security systems for your home, cars, computers and yourself.
Invest heavily in reliable small arms and bodyguards. If affordable, you might want to get a body double as well. When filthy stinking rich, one can never be too paranoid.
9.) Do not file a change of address form at the Post Office, except if the new address happens to be to your new Post Office Box.
Don’t file any change of address forms at the Post Office. That information is up for sale to whoever wants it for whatever reason. If you need a way for the world to contact you, get a P.O. Box and have them send everything there. Let the world know that this P.O. Box is the only way anyone can contact you, especially if it’s someone who wants to start a business venture.
10.) Get a new car so no one can track you by looking for the old car.
Make sure the new car is something fairly ordinary so it doesn’t stick out in a crowd. No Sports Cars or fancy Luxury Sedans.
11.) Keep the old car, just in case.
The media, paparazzi, and stalkers may find out what the new car is/looks like and/or record the license plate numbers. So, assuming they don’t know what the old car looks like, keeping that beater to avoid attention just might be a viable way to hide in plain sight. You will need to get a new plate for that old beater as well. In my case, that means keeping around a factory stock Chevy truck. Those don’t stand out in a crowd.
12.) Disappear from public view for a minimum of six months.
Use the time to decide what you are going to do with all the money you now have. What have you always wanted to do? Start a business? Travel the world? This may be your opportunity to do some of those things, if you’re very careful.
13.) No splurging on flashy and expensive things after the first check from the lottery corporation.
Also, no more than 10% of that first check should be splurged. Besides, you don’t need a lot of fancy jewelry or classic cars right away. Collect those things (if you want them) later when you’re settled into your new life.
14.) Suspect everyone of trying to get money out of you.
This goes double for the lawyers, family members and friends. Sometimes, your worst enemies are going to be the people that you used to trust.
15.) If you plan to get married, make sure the prospective spouse signs a prenuptial agreement that heavily favors you.
You don’t want to get rich only to get married to a Gold-digger. All she’ll do is divorce you some time later and walk away with half (or more) of your loot!
Date the girl for a long time; say 2 or 3 years before proposing marriage to her.This way, you should be able to determine if she’s a gold-digger or not. Also, don’t tell her you’re rich. Have something to tell her when she asks about your occupation. For example, you could just tell her you’re a private investor.
Finally, mail-order brides are out of the question. If the girl is willing to use marriage to circumvent the immigration laws, there’s no telling what else she might be willing to do. She might just be desperate to escape the poverty of her home country. She might also just be a gold-diggin’ whore. Either way, you shouldn’t need to put yourself through that kind of non-sense.
16.) Cash is your new best friend…
Pay for things with cash where possible. There’s no need for anyone to be able to track your spending habits, except the small army of lawyers and accountants you should have hired by now.
And be careful with what you tell people and what you spend your money on, folks. Be sure to avoid media attention too. Fortune is great, when properly managed. Fame though, can leave much to be desired.
That article doesn't take into consideration all the precautions you'll have to take if you actually won.
However, I have...
Contingency plan in case of actually winning the Lottery
By msbae
NOTE: This is assuming that you won big, like hitting the Powerball jackpot when it’s over $100,000,000. This plan also goes into effect once you’ve claimed the prize. In fact, I recommend doing as many of these things as you can, regardless of whether you ever win the lottery or not.
1.) Tell the world you are not a bank and will not be making any loans under any circumstances.
This one is more important than all other considerations and must be adhered to at all costs. In fact, if there’s a press conference when you collect your winnings, you should state this to the media now.
Be really nasty about it, too.
For example, say that you don’t care if one of your relatives (whether you’ve met him before or not) is dying from Cancer and needs money for medical treatment. You don’t have to be as cruel as Mr. Burns from The Simpsons (unless you want to) but, you do have to make your intentions clear. Your money is yours and it will be spent on what you want.
2.) Hire a good Lawyer, Estate Planner & CPA.
3.) Hire a second good Lawyer, Estate Planner & CPA to keep an eye on the first group.
Don’t let the first group know that the second group exists.
4.) Hire a third good Lawyer, Estate Planner & CPA to keep an eye on the first & second groups.
Don’t let the first & second group know that the third group exists.
5.) Invest the money into something that’s (usually) safe; like gold, treasury bonds, et al.
Let it sit there and collect interest until you really need the money for something critical. Examples of this include big ticket items like medical bills (preferably your own, not someone else’s bills. Remember, you don’t care if Cousin Johnny is dying from Cancer. He should have made sure his insurance would cover such a calamity…)
6.) About that Last Will & Testament…
Have the Estate Planner include certain provisos in your Will that make it difficult for anyone to get money; especially if foul play and/or unnatural causes are suspected in your death.
If you’re married and/or have children, tell them they will be taken care of, and nothing else. Never give them any details. Tell everyone else they have nothing coming to them in your Will. This should make them less motivated to speed up your meeting with the Grim Reaper.
It’s sad but, there is a chance that a friend or relative will try to kill you, hoping to get a piece of your estate. It’s happened to Lottery Winners before. Be careful.
7.) Move to a new house.
Don’t tell anyone what the new address and phone number is unless they absolutely need to know. Be sure to keep the costs of this new house in mind when looking at the real estate market. No Beverly Hills mansions.
The best homes to get will either be a…
A.) A home on several acres of land in a remote rural area.
B.) A really odd place no one would expect, like a Cold War-era nuclear missile silo converted into a luxurious (and bomb-proof) home.
Link: http://www.missilebases.com/properties
C.) A 1-family home in Suburbia somewhere is also good… if you want to risk hiding in plain sight. However, this must be in an entirely new city, not just on the other side of town.
Be sure to not get to know your neighbors… or at least don’t let them get to know you. Remember no one needs to know that you are rich!!!
8.) Get a myriad of security systems for your home, cars, computers and yourself.
Invest heavily in reliable small arms and bodyguards. If affordable, you might want to get a body double as well. When filthy stinking rich, one can never be too paranoid.
9.) Do not file a change of address form at the Post Office, except if the new address happens to be to your new Post Office Box.
Don’t file any change of address forms at the Post Office. That information is up for sale to whoever wants it for whatever reason. If you need a way for the world to contact you, get a P.O. Box and have them send everything there. Let the world know that this P.O. Box is the only way anyone can contact you, especially if it’s someone who wants to start a business venture.
10.) Get a new car so no one can track you by looking for the old car.
Make sure the new car is something fairly ordinary so it doesn’t stick out in a crowd. No Sports Cars or fancy Luxury Sedans.
11.) Keep the old car, just in case.
The media, paparazzi, and stalkers may find out what the new car is/looks like and/or record the license plate numbers. So, assuming they don’t know what the old car looks like, keeping that beater to avoid attention just might be a viable way to hide in plain sight. You will need to get a new plate for that old beater as well. In my case, that means keeping around a factory stock Chevy truck. Those don’t stand out in a crowd.
12.) Disappear from public view for a minimum of six months.
Use the time to decide what you are going to do with all the money you now have. What have you always wanted to do? Start a business? Travel the world? This may be your opportunity to do some of those things, if you’re very careful.
13.) No splurging on flashy and expensive things after the first check from the lottery corporation.
Also, no more than 10% of that first check should be splurged. Besides, you don’t need a lot of fancy jewelry or classic cars right away. Collect those things (if you want them) later when you’re settled into your new life.
14.) Suspect everyone of trying to get money out of you.
This goes double for the lawyers, family members and friends. Sometimes, your worst enemies are going to be the people that you used to trust.
15.) If you plan to get married, make sure the prospective spouse signs a prenuptial agreement that heavily favors you.
You don’t want to get rich only to get married to a Gold-digger. All she’ll do is divorce you some time later and walk away with half (or more) of your loot!
Date the girl for a long time; say 2 or 3 years before proposing marriage to her.This way, you should be able to determine if she’s a gold-digger or not. Also, don’t tell her you’re rich. Have something to tell her when she asks about your occupation. For example, you could just tell her you’re a private investor.
Finally, mail-order brides are out of the question. If the girl is willing to use marriage to circumvent the immigration laws, there’s no telling what else she might be willing to do. She might just be desperate to escape the poverty of her home country. She might also just be a gold-diggin’ whore. Either way, you shouldn’t need to put yourself through that kind of non-sense.
16.) Cash is your new best friend…
Pay for things with cash where possible. There’s no need for anyone to be able to track your spending habits, except the small army of lawyers and accountants you should have hired by now.
And be careful with what you tell people and what you spend your money on, folks. Be sure to avoid media attention too. Fortune is great, when properly managed. Fame though, can leave much to be desired.
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