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Its a Boomer play, but its guaranteed money: $GE Leaps
So, this DD isn't actual TA. It is a series of (what I believe) are
very safe assumptions: a combination of political analysis, energy trends, and inevitable nation-wide "
must have " investments. WARNING: this is long. By necessity, one assumption leads to another. I'll give you the
one sentence TLDR up front, but because this is an assumption-chain, I encourage you to read this post
----
TL/DR:
In order for Biden to get a quick win for what is looking like unfavorable (to Dems) 2022 midterms, he will first shoot for a massive infrastructure bill. Either way Georgia goes, Dems won't blow up the filibuster. Therefore, if he wants to have any "green" policies in his first term, he has to make it super amenable to Republicans. (1) Connecting **rich** renewable areas (mostly Republican states) by extensive HVDC lines to (2) an enhanced nationwide Grid (HVDC lines) will kill two birds with one stone. This ^ infrastructure is inevitable, either way. $GE is the #1 and only American HVDC provider, 220k workers +. $GE Renewables don't contribute to revenue right now, but HVDC + Wind (which will be yuge) make it a massive discount rn. -----
I am going to lay down a series of linear assumptions and realities below. I feel like these assumptions are all safe, therefore, it is highly likely that the outcome I describe comes to fruition within the next 4 years.
EVs are going to see mass adoption . Every automaker + Apple is trying to get in on this. BEV advantages are simply too great. It is highly likely that by 2025, 30% or more of the U.S. fleet will be electric. This will only continue to 2030. This will cause big increases in demand on the grid . Go google around: Grid owners are ecstatic about this. The average American home uses ~33 kWh of energy per day. I own a model 3, and BARELY drive (i dont commute) and still use ~10kWh per day for driving. A commuter may use around 30-35 kWh per day just to drive. By 2025, if ~30% of the U.S. fleet is electric, that'll cause a significant increase in grid demand. More important, though, is that energy generation investment takes time. Grid owners know this is coming. They will beef up generation faster and faster as the U.S. economy becomes more electrified instead of based on fossil fuels. Added capacity is likely to be green . This has 2 causes. (1) Finance: Coal isn't cost competitive with solar and wind anymore. Solar is getting very, very cheap and more and more efficient. Offshore wind is having a renaissance. Nuclear is greener, but more expensive (~$4,200 per kW), and NIMBYism will prevail. Solawind + batteries is cheaper than $4,200 per kW right now. Additionally, Alaskan oil can't even get bank financing now, and Coal isn't expanding. People see the end is near. (2) Politics. Dem administration for the next 4 years, and green energy isn't the political football it was 10 years ago. Fighting renewables isn't the focus of the right anymore. Additionally, Democrats resist natural gas expansion: remember the Keystone pipeline? Natural gas is pretty green and cheap af, but its not everywhere, and I deem it unlikely that population centers (NE Corridor, Cali, Chicago, etc etc) are going to be OK with more and more natural gas plants. I deem it unlikely that we're gonna be a 50%+ natural gas country. Biden will do an infrastructure bill . This will happen. Its popular, its needed, and its perfect for his huge desire to be seen as a bipartisan president. Biden will try and include moderate green elements in this bill because he knows he won't get green policies otherwise . Even if the two Georgia seats go blue, there is **ZERO** chance the Dems blow the filibuster. You have (1) a president that won by a narrow margin, that (2) isn't that popular, (3) who has a bad-looking 2022 midterm, that (4) won't run in 2024 cause hes ancient, with (5) a not-too-popular VP, can't afford to run roughshod over norms and weaken their 2022 prospects. 50-50 plus Kamala casting the deciding vote? Please. Not happening.Green elements in an infrastructure bill will have to benefit Red states in order to get passed. We're not gonna get a carbon tax / cap and trade system. We're not gonna get massive oil taxesA lot of Red states are RICH in renewables . Look at these maps (https://www.nrel.gov/gis/solar.html ) for U.S. solar, and this map (https://energy.maryland.gov/Pages/Info/renewable/windmaps.aspx ) for U.S. wind. What do you notice? For the most part, there are huge wind opportunities in the Midwest . There is huge solar potential across Texas and the South . Outside of California and Northeast Corridor offshore wind, renewables are concentrated in the Midwest and South. Right now, we can't take full advantage of these areas because the infrastructure to transport 2025-2030 sized energy demands to population centers don't exist . This is key. Right now, the U.S. energy grid is largely disconnected in terms of HVDC lines (high voltage lines capable of transmitting huge amounts of power with minimal loss: it resembles small, little fiefdoms. Google "U.S. HVDC Map" (make sure you're looking at the current ones--not the projections). We don't have that much HVDC infrastructure. In this past, there wasn't a huge emphasis because there wasn't that much need....renewables price efficiency didn't make for THAT compelling of a need, and localized Grid owners made-do with the status quo. HVDC network improvement is INEVITABLE. Renewables are too cheap, and the efficiencies inherent in concentrating wind and solar where appropriate are too vast. Right now, as you read this, there is an UNDERSEA Ultra HVDC cable being laid between Australia and Singapore to transport solar power. I shit you not. Europe and China are building vast HVDC and Ultra HVDC lines right now. Look at this wiki page: https://en.wikipedia.org/wiki/List_of_HVDC_projects . See how many are in Asia/Euro vs the U.S.? Its a fucking joke. It is extremely unlikely that we're gonna just slap solar and wind where they are sub-optimal, rather than seek greater ROI. Mass HVDC lines are inevitable. General Electric is the only large American HVDC provider. GE employs 200,000+ Americans. It is literally one of the oldest American companies. It has a super American brand name, and is politically connected. HVDC is expensive . I'm not an expert, but because of NIMBY, its likely that a lot of HVDC will be buried along rail lines (From what I read). HVDC between hundreds of wind/solar fields across the U.S. will need to be built, plus HVDC / Ultra HVDC between renewable zones to NE Corridor, Chicago, California. I'd google around for figures, but basically, its $$$$$$$$$. Right now, General Electric's Renewables sector barely brings in any revenue (17% 2019 revenue, around $15 billion https://www.statista.com/statistics/245430/revenue-of-general-electric-by-segment/#:~:text=Aviation%20and%20power%20are%20the,U.S.%20dollars%20one%20year%20before .). The new CEO is actually pretty fucking great (https://en.wikipedia.org/wiki/H._Lawrence_Culp_Jr ). He turned Danaher around, and is setting up GE for success. GE has a TON of debt (debt/equity above 6.0), but what will happen to the stock when GE is given absolutely gigantic contracts in order to buff up the U.S. Grid? They really are the only American company with the production/size ability to do this. What happens when the GE Renewables sector grows by 4-5x over the next 10 years? Grid improvements + Wind turbines are going to go up bigly. That $15 billion revenue line item may increase dramatically. If you read this far, let me restate that this isn't TA. I don't have strikes for you. I don't know how to value HVDC and Wind over the next decade. However, I have a
STRONG feeling in my nips that $GE is going to be a major American comeback story, and ^ that political/economic/renewable trends make it exceedingly likely that GE will have huge grid contracts coming up.
How much of this is already baked into the price? I have no idea, but I do know that the big boys don't gamble on Adderall rantings like this, so it probably isn't baked in. I'm using GE to add some safety to my current 100% TSLA portfolio. I encourage you all to pick up at least a few cheap 2022 GE Leaps. I'm buying the furthest out, highest strike calls I can get.
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https://preview.redd.it/0r1ci70zotc61.png?width=768&format=png&auto=webp&s=d91031fde84a1c978190efe01bb6b441bda33ebe TOTO And Its Concise Portrayal: The first Toto was launched in Korea in 2001, where the winner was chosen from among the predictable candidates and dividends were paid before popular sports such as golf, soccer, wrestling, baseball, and basketball began. Lottery, Housing Lottery results are predictable and candidates choose numbers. But in athletic events, the participants finish the game with a lot of skill. The exchange of sports funds is done through detailed results analysis, predictions, expansion of preferred athletics, etc.
If you enter the world of Sports Toto, you will easily see exciting sports games. Moreover, the demand for Toto is increasing day by day in Italy, United Kingdom, England, Japan, and many other countries. With the increase in the amount of distribution, new recordings have become possible with the achievement of sensational fame. Applied to Singapore, Korea, Asia, Japan, and China.
https://preview.redd.it/gkciicy0ptc61.png?width=300&format=png&auto=webp&s=cbf6c4ef4fdb23c6797f6cfc3f5238e28c634f32 Private Toto site- and what's the point of it now? 'Sports Toto and Fact Toto 'are used by the public on the internet site where payment of various national and international sports winners is done based on the publication of results. The size of the gambling market grew exponentially in 2015 when legal gambling such as Sports Toto, Lotto, Horse Racing, and Kanawan Land expanded.
Private
Toto sites became a huge market and we're able to make huge profits in 10 years of hard work. After rumors of making more money spread, the Toto site quickly took a special place in the world. Then there were many more sports around the world, including handball, soccer, basketball, baseball, and American football. A special advantage of individual Toto is that it is possible to bet from the first match and it is not possible to take steps like Ligimat Sports Toto. The next step is to focus on winning or drawing or increasing or decreasing after playing at least 2 matches on the ligament site. The amount of bets on the Batman site is as high as the dividends.
The previous government has taken steps to adopt online bets. But in the past gambling was banned in some sports including horse racing, motor racing, bicycle racing.
Under the Gambling Act 2004, conditional business operators will be able to operate a gambling site if they perform four types of conditions, such as online casinos, online bingo, sports betting, and online gambling. Therefore, everyone will be obliged to pay the tax or 15 percent of the salary will be deducted from the salaries of the traders, the authorities said.
https://i.redd.it/429medd3ptc61.gif Why Major People Choose PRIVATE TOTO SITE? There are several specific reasons why individuals choose the
Toto site . One of them is to predict the outcome of the match in a private Toto game with strategy and meet the demand. In that case, to sign up, the candidate must complete the age verification stage activities.
It is impossible to place any bet on Toto after 10 pm. If someone wants to buy, he can buy, but it is offline. This process is quite difficult where there are no rules or restrictions.
Foreign sports have benefited a lot by using private Toto sites. Of these, dividends, convenient methods exist. It is possible to bet before the start of any game or during the event through the private Toto site. Foreign sites ensured easy use of private Toto sites to look for products.
Smartphone, SNS users easily get instant messages from this site and due to which they get drowned. Private Toto's site is constantly working to meet the needs of users. In addition to legal assistance, Toto users must follow the initial policy and change the legal sports Toto to expand progress in the desired sport, including health.
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Anonymity by State/Country: Comprehensive Global Guide III
Ever since i started playing regularly, i've researched anonymity in places. Here is what i have for each state plus a bunch of other countries. If anything is outdated or incorrect, please comment.
United States
Alabama: No current lottery. Source:
https://www.wtvy.com/content/news/Lottery-bill-other-legislation-is-likely-dead-in-Alabama-legislature-569059451.html Alaska: No current lottery/Not Anonymous. "Unlike most other states, Alaska doesn’t have a state-sponsored lottery." Source:
https://www.lotterycritic.com/lottery-results/alaska/ Alaska does permit charities to run lotteries, the largest one is Not Anonymous. Source:
http://www.lottoalaska.com/ Alaska's governor has proposed a bill to create an official Alaska State Lottery. Source:
https://apnews.com/78cacca5137f6b47e41be2de37600044 American Samoa: No current lottery. Source:
https://simonsblogpark.com/onlinegambling/simons-guide-to-gambling-in-american-samoa/amp/ Arizona: 100% Anonymous if requested by the winner for all wins of $100,000 and over. Source:
https://www.nbcnews.com/news/us-news/arizona-becomes-latest-state-shield-lottery-winners-names-n995696 Arkansas: Not Anonymous/Other entities unclear. "Winner information is subject to disclosure under the Arkansas Freedom of Information Act (FOIA). A winner who receives a prize or prize payment from the ASL grants the ASL, its agents, officers, employees, and representatives the right to use, publish (in print or by means of the Internet) and reproduce the winner’s name, physical likeness, photograph, portraits, and statements made by the winner, and use audio sound clips and video or film footage of the winner for the purpose of press releases, advertising, and promoting the ASL". Source:
https://www.myarkansaslottery.com/claim-your-prize California: Not Anonymous/Only individuals can claim. “ The name and location of the retailer who sold you the winning ticket, the date you won and the amount of your winnings are also matters of public record and are subject to disclosure. You can form a trust prior to claiming your prize, but our regulations do not allow a trust to claim a prize. Understand that your name is still public and reportable”. Source:
https://static.www.calottery.com/~/media/Publications/Popular_Downloads/winners-handbook-October%202018-%20English.pdf Colorado: Not Anonymous/Anonymous via trust. “As part of the Open Records Act, we are required to release to the public your name, hometown, amount you won and the game you played. This information will be posted on coloradolottery.com and will be furnished to media upon request.” Source:
https://www.coloradolottery.com/en/games/lotto/claim-winnings/ Source:
https://denver.cbslocal.com/2016/01/15/in-colorado-and-other-states-lottery-winners-can-keep-names-secret/ Connecticut: Not Anonymous/Anonymous via a trust or LLC, "Certain information about our winners is public information: Winner's name and place of residence, date of claim, game played, prize amount won, and the selling retailer's name and location. While most winners claim prizes using their individual names, some winners come forward using other legal entities (i.e., trusts, business partnership) to claim their prizes. In those instances, the Lottery will promote the win using that legal entity's name. For more information about such instances, please consult your personal accountant or legal advisor.” Source:
https://www.ctlottery.org/Content/winner_publicity.aspx Delaware: 100% Anonymous if requested by winner. "Many winners have chosen to remain anonymous, as allowed by state law, but their excitement is yours to share!" Source:
https://www.delottery.com/Winners and
https://www.delottery.com/FAQs DC: Not Anonymous/Anonymous via a trust or LLC. Anonymous question is not directly answered on lottery website. "In the District of Columbia, specific lottery winner information is public record." However, a Powerball Jackpot win was claimed via a LLC in 2009. Source:
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/04/AR2009050402008.html Florida: Not Anonymous/Anonymous via LLC. "Florida Lottery winners cannot remain anonymous. Florida law mandates that the Florida Lottery provide the winner's name, city of residence, game won, date won and amount won to any third party who requests the information; however Florida Lottery winners' home addresses and telephone numbers are confidential." Source:
http://www.flalottery.com/faq The Florida Lottery allows trusts to claim it, however winner information is still released in compliance with the law. A $15 Million jackpot was claimed by an LLC. Source:
https://www.fox13news.com/amp/consumehit-the-lottery-remain-anonymous-not-in-florida Source:
http://flalottery.com/pressRelease?searchID=199128 Georgia: 100% Anonymous if requested by the winner for all prizes over $250,000. Source:
https://www.stl.news/georgia-governor-signs-bill-allowing-lottery-winners-remain-anonymous/121962/ Guam: Anonymity appears to be an option. Source:
https://www.kuam.com/story/11218413/guamanian-wins-big-in-sportsbingo-but-has-yet-to-claim-2m-prize Hawaii: No current lottery. Source:
https://www.kitv.com/story/40182224/powerball-or-mega-millions-lottery-in-hawaii Idaho: Not Anonymous."By claiming a winning lottery ticket over $600, winners become subject to Idaho’s Public Records Law. This means your “win” becomes an offcial Idaho public record. Your full name, the town where you live, the game you won, the amount you won (before and after taxes), the name of the retailer where you bought the ticket, and the amount the retailer receives for selling the ticket are all a matter of public record." Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.idaholottery.com/images/uploads/general/winnersguideweb.pdf Illinois: Not Anonymous/Anonymous if requested by winner for all wins over $250,000 however info will be released to a FOIA request. "However, Murphy also cooperated with the Illinois Press Association in adding an amendment that ensures that Freedom of Information Act, an act designed to keep government agencies transparent by allowing the public to access any public record by request, supersedes the privacy law, according to attorney Don Craven, the press association’s legal counsel." Source:
https://www.thetelegraph.com/news/article/Hidden-riches-Big-lottery-winner-in-Beardstown-13626173.php Indiana: Not Anonymous/Anonymous via LLC or trust. "Indiana law allows lottery jackpot winners to remain anonymous, with the money being claimed by a limited liability company or legal trust." Source:
https://www.chicagotribune.com/nation-world/ct-indiana-mega-millions-winners-20160729-story.html Iowa: Not Anonymous/Can use a trust to claim but information will be released. "When you win an Iowa Lottery prize of $600 or more, you have to fill out a winner claim form that includes your name, address and Social Security number before you can claim your winnings. Iowa law makes the information on that claim form public, meaning that anyone can request a copy of the form to see who has won the prize. We redact sensitive information, such as your Social Security number, from the form before we release it, but all other details are considered public information under Iowa law (Iowa Code Section 99G.34(5)." Source:
https://www.ialotteryblog.com/2008/11/can-prize-winne.html .
For group play, "Prizes can be paid to players who play as a group. A check can be written to an entity such as a trust or to a single individual." Source:
https://ialottery.com/pages/Games/ClaimingPrizes.aspx Kansas: 100% Anonymous if requested by the winner. "Kansas is one of a handful of states that does not have this requirement. If you win a prize in Kansas, you may request that your identity not be released publicly." Source:
https://www.kslottery.com/faqs#faq-8 Kentucky: Anonymity appears to be an option. Anonymity or who can claim is not addressed on lottery website. But multiple instances of winners claiming anonymously have been reported in the news. "Kentucky Lottery spokesman Chip Polson said the $1 million Powerball winner claimed the prize on May 15 and the Mega Million winner claimed the prize on May 12. He confirmed that both players wanted their identity to remain a secret." Source:
https://www.courier-journal.com/story/news/local/2017/05/19/two-1-million-lottery-winners-who-bought-tickets-louisville-want-privacy/101870414/ Louisiana: Not Anonymous/Anonymous via trust. "Under the Lottery's statute, all prize payment records are open records, meaning that the public has a right to request the information. Depending upon the amount won and public or media interest in the win, winners may NOT be able to remain anonymous. The statute also allows the Lottery to use winners' names and city of residence for publicity purposes such as news releases. The Lottery's regular practice is not to use winner information in paid advertising or product promotion without the winner's willingness to participate. Source:
https://louisianalottery.com/faq/easy-5#35 Source:
https://louisianalottery.com/article/1050/the-williams-trust-claims-share-of-50-million-powerball-jackpot Maine: Not Anonymous/Anonymous via trust. "In the event that Maine does have a Mega Millions winner, he or she can opt to remain anonymous — but Boardman says that’s never happened. “What a winner could do in Maine is they could file their claim in the name of a trust, and the trust becomes the winner. So that’s how a winner could claim their ticket anonymously,” he says." Source:
https://www.mainepublic.org/post/lottery-official-reminds-mainers-they-re-exceedingly-unlikely-win-16-billion-jackpot Maryland*: Not Anonymous by Law, Anonymous in Practice. "However, the legal basis for this anonymity in Maryland is thin. The Maryland Lottery does not advertise that lottery winners may remain anonymous, but it posts articles on its website about winners and notes those winners who have “chosen to remain anonymous:” Source:
https://www.gw-law.com/blog/anonymity-maryland-lottery-winners *"Please note that this anonymity protection does not apply to second-chance and Points for Drawings contests run through the My Lottery Rewards program. Those contests are run as promotions for the Lottery. As such, they are operated under a different set of rules than our draw games and scratch-off games. The rules of participating in our second-chance and Points for Drawings contests state that winners' identities are published."" Source:
https://www.mdlottery.com/about-us/faqs/ Massachusetts: Not Anonymous/Anonymous via trust "Lottery regulations state that a claimant's name, city or town, image, amount of prize, claim date and game are public record. Therefore, photographs may be taken and used to publicize winnings." Source:
https://www.masslive.com/news/2018/05/lottery_sees_increase_in_winne.html Michigan: Not Anonymous for Powerball and Mega Millions/100% Anonymous if requested by the winner for all other winners over $10,000. "Winner Anonymity. Michigan law requires written consent before disclosing the identity of the winner of $10,000 or more from the State lottery games Lotto47 and Fantasy 5. You further understand and agree that your identity may be disclosed, and that disclosure may be required, as the winner of any prize from the multi-state games Powerball and Mega Millions." Source:
https://www.michiganlottery.com/games/mega-millions Minnesota: Not Anonymous. Anonymity or who can claim is not addressed on lottery website but lottery blog states "In Minnesota, lottery winners cannot remain anonymous. A winner's name, city, prize amount won and the place that the winning ticket was sold is public data and will be released to media and posted on our website." Source:
https://www.mnlottery.com/blog/you-won-now-what Mississippi: 100% Anonymous if requested by the winner. "In accordance with the Alyce G. Clarke Mississippi Lottery Law, the Mississippi Lottery will not disclose the identity of the person holding a winning lottery ticket without that person's written permission." Source:
https://www.mslotteryhome.com/players/faqs/ Missouri: Not Anonymous. "At the Lottery Headquarters, a member of the Lottery's communications staff will ask you questions about your win, such as how many tickets you bought, when you found out that you won and what you plan to do with your prize money. This information will be used for a news release. You will also be asked, but are not required, to participate in a news conference, most likely at the store where you purchased your winning ticket." Source:
http://www.molottery.com/whenyouwin/jackpotwin.shtm A Missouri State Legislator has submitted a bill to the State House to give lottery winners anonymity. Source:
https://www.kfvs12.com/2020/02/25/mo-house-considers-legislation-protect-identity-lottery-winners/ Montana: Not Anonymous/Anonymous via trust. "In Montana, by law, certain information about lottery winners is considered public. That information includes: the winner's name, the amount won and the winner's community of residence. Winners may choose to claim as an individual or they may choose to form a trust and claim their prize as a trust. If a trust claims a lottery prize, the name of the trust is considered public information. A trust must have a federal tax identification number in order to claim a Montana Lottery prize." Source:
https://www.montanalottery.com/en/view/about-faqs Nebraska: Not Anonymous/Anonymous via LLC. Anonymity or who can claim is not addressed on lottery website but a winner created a legal entity to claim anonymously in 2014. "Nebraska Lottery spokesman Neil Watson said with the help of a Kearney lawyer, the winner or winners have created a legal entity called Carpe Diem LLC." Source:
https://journalstar.com/news/state-and-regional/nebraska/m-nebraska-powerball-winner-to-remain-anonymous/article_a044d0f0-99a7-5302-bcb9-2ce799b3a798.html A Nebraska State Legislator has now filed a bill to give 100% Anonymity to all winners over $300,000 who request it. Source:
https://journalstar.com/news/state-and-regional/nebraska/anonymity-for-lottery-winners-bill-would-give-privacy-to-those/article_1cdba44d-c8bb-5971-b73f-2eecc8cd4625.html Nevada: No current lottery. Source:
https://www.reviewjournal.com/business/casinos-gaming/heres-why-you-cant-play-powerball-in-nevada/ New Hampshire: Not Anonymous/Anonymous via a trust. Anonymity or who can claim is not addressed on lottery website but a winner successfully sued the lottery and won the right to remain anonymous in 2018. Source:
https://www.washingtonpost.com/news/post-nation/wp/2018/03/12/winner-of-a-560-million-powerball-jackpot-can-keep-the-money-and-her-secret-judge-rules/?noredirect=on&utm_term=.bec2db2f7d2c New Jersey: 100% Anonymous if requested by the winner. Source:
https://www.nj.com/politics/2020/01/win-big-you-can-claim-those-nj-lottery-winnings-anonymously-under-new-law.html New Mexico: Not Anonymous. “Winners of $10,000 or more will have name, city, game played, and prize amount and photo on website.” Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.nmlottery.com/uploads/FileLinks/82400d81a0ce468daab29ebe6db3ec27/Winner_Publicity_Policy_6_1_07.pdf New York: Not Anonymous/Anonymous via a LLC. Anonymity or who can claim is not addressed on lottery website but per Gov. Cuomo: "For the past 40 years, individuals wishing to keep their name and information out of the public view have created LLCs to collect their winnings for them." Source:
https://nypost.com/2018/12/09/cuomo-vetoes-bill-allowing-lotto-winners-to-remain-anonymous/ North Carolina: Not Anonymous. "North Carolina law allows lottery winners' identity to remain confidential only if they have an active protective order against someone or participate in the state's "Address Confidentiality Program" for victims of domestic violence, sexual offense, stalking or human trafficking." Source:
https://www.charlotteobserver.com/news/local/article54548645.html North Dakota: 100% Anonymous if requested by the winner. Source:
https://www.kfyrtv.com/home/headlines/ND-Powerball-Winners-Have-Option-to-Remain-Anonymous-364918121.html Northern Mariana Islands: 100% Anonymous if requested by the winner. Source:
https://www.nmsalottery.com/game-rules/ Ohio: Not Anonymous/Anonymous via trust. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option. "The procedure from there was a little cumbersome. I needed to create two separate trusts. One trust was to appoint me, as the trustee on behalf of the winner, to contact the Lottery Commission and accept the Lottery winnings. The secondary trust was set up for me as trustee of the first trust, to transfer the proceeds to the second trust with the winner as the beneficiary. This enabled me to present the ticket, accept the proceeds, and transfer it to the winner with no public record or disclosure." Source:
https://www.altickcorwin.com/Articles/How-To-Claim-Lottery-Winnings-Anonymously.shtml Oklahoma: Not Anonymous/Anonymous via trust or LLC. In accordance with the Oklahoma Open Records Act and the Oklahoma Education Lottery Act, the name of any individual, corporation, partnership, unincorporated association, limited liability company, or other legal entity, and their city of residence will be made public. Source:
https://www.lottery.ok.gov/playersclub/faq.asp Source:
https://oklahoman.com/article/5596678/lottery-winners-deserve-some-anonymity Oregon: Not Anonymous. "No. 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. Oregon citizens have a right to know that Lottery prizes are indeed being awarded to real persons. " Source:
https://oregonlottery.org/about/public-interaction/commission-directofrequently-asked-questions Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.dailymail.co.uk/news/article-3353432/Man-living-Iraq-wins-6-4-million-Oregon-jackpot.html Pennsylvania: Not Anonymous/Anonymous via trust. Source:
https://lancasteronline.com/news/local/trust-that-won-powerball-no-relation-to-manheim-township-emerald/article_29834922-4ca2-11e8-baac-1b15a17f3e9c.html Puerto Rico: 100% Anonymous if requested by the winner. Source:
https://www.nbcnews.com/news/latino/puerto-rico-powerball-winner-claims-prize-chooses-stay-anonymous-n309121 Rhode Island: Not Anonymous/Anonymous if requested but all info is subject to FOIA. "While the Lottery will do everything possible to keep a winner's information private if requested by the winner, in Rhode Island and most other states, this information falls under the Freedom of Information Act, and a winner's name and city or town of residency must be released upon request." Source:
https://www.rilot.com/en-us/player-zone/faqs.html South Carolina: 100% Anonymous if requested by the winner. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option based on prior winners. Source:
https://myfox8.com/2019/03/15/the-anonymous-south-carolina-winner-of-the-largest-lottery-jackpot-is-donating-part-of-it-to-alabama-tornado-victims/ South Dakota: Not Anonymous for draw games and online games/100% Anonymous for Scratchoffs if requested by the winner. "You can remain anonymous on any amount won from a scratch ticket game. Jackpots for online games are required to be public knowledge. Play It Again winners are also public knowledge." Source:
https://lottery.sd.gov/FAQ2018/gamefaq.aspx .
Tennessee: Not Anonymous/Can use a trust but info subject to open records act. Anonymity is explicitly noted as not being allowed on the official lottery website. Source:
https://www.tnlottery.com/faq/i-won However if it is claimed via a trust then the lottery will not give out your information unless requested to do so. "The TN lottery says: "When claiming a Lottery prize through a Trust, the TN Lottery would need identity documentation for the grantor and all ultimate beneficiaries. Once we are in possession of these documents and information, records are generated. If a formal request is made by a citizen of Tennessee, the Trust beneficiary's name, city and state must be made available under the Tennessee Open Records Act." Source:
https://www.avvo.com/legal-answers/in-tennessee--can-a-lottery-jackpot-be-claimed-whi-2327592.html Texas: 100% Anonymous if requested by the winner for $1 million or more IF the winner claims it as an individual AND chooses the Cash option. Not Anonymous if claimed by a trust or LLC or if the winner chooses the Annuity option. Source:
https://www.txlottery.org/export/sites/lottery/Documents/retailers/FAQ_Winner_Anonymity_12112017_final.pdf Utah: No current lottery. Source:
https://www.lotterycritic.com/lottery-results/utah/ Vermont: Not Anonymous/Anonymous via trust. “The name, town and prize amount on your Claim Form is public information. If you put your name on the Claim Form, your name becomes public information. If you claim your prize in a trust, the name of the trust is placed on the Claim Form, and the name of the trust is public information.” Source:
https://vtlottery.com/about/faq Virginia: 100% Anonymous if requested by the winner for prizes over $10 million. "A new law passed by the Virginia General Assembly and signed by the Governor prohibits the Virginia Lottery from disclosing information about big jackpot winners." "When the bill goes into effect this summer, the Virginia Lottery will not be allowed to release certain information about winners whose prize exceeds $10 million, unless the winner wants to be known." Source:
https://www.13newsnow.com/article/news/local/virginia/new-virginia-law-allows-certain-lottery-winners-to-keep-identity-private/291-c33ea642-e8fa-45fd-b3a4-dc693cf5b372 US Virgin Islands: Anonymity appears to be an option. A $2 Million Powerball winner was allowed to remain anonymous. Source:
https://viconsortium.com/virgin-islands-2/st-croix-resident-wins-2-million-in-latest-power-ball-drawing/ Washington: Not Anonymous/Can use a trust but info subject to open records act. "As a public agency, all documents held by Washington's Lottery are subject to the Public Records Act. Lottery prizes may be claimed in the name of a legally formed entity, such as a trust. However, in the event of a public records request, the documents forming the artificial entity may be released, thereby revealing the individual names of winners."
https://www.walottery.com/ClaimYourPrize/ West Virginia: 100% Anonymous if requested by the winner for prizes over $1 million and 5% of winnings remittance. "Effective January 1, 2019, House Bill 2982 allows winners of State Lottery draw games to remain anonymous in regards to his or her name, personal contact information, and likeness; providing that the prize exceeds one million dollars and the individual who elects to remain anonymous remits five percent of his or her winnings to the State Lottery Fund." Source:
https://wvlottery.com/customer-service/customer-resources/ Wisconsin: Not Anonymous/Cannot be claimed by other entities. "Pursuant to Wisconsin’s Open Records law (Wis. Stats. Secs. 19.31–19.39), the Lottery is required to disclose a winner’s name, likeness and place of residence. If you win and claim a prize, the Lottery may use your name, likeness and place of residence for any purpose without compensation to you.
Upon claiming your prize, you waive any claims against the Lottery and its representatives for any and all liability which may result from the disclosure or use of such information." "The original winning ticket must be signed by a single human being. For-profit and non-profit entities, trusts, and other non-human beings are not eligible to play or claim a prize." Source:
https://wilottery.com/claimprize.aspx Wyoming: 100% Anonymous if requested by the winner. "We will honor requests for anonymity from winners. However, we certainly hope winners will allow us to share their names and good news with other players." Source:
https://wyolotto.com/lottery/faq/ Other countries
Australia: 100% Anonymous if requested by winner. "The great thing about playing lotto in Australia is that winners can choose to remain anonymous and keep their privacy, unlike in the United States where winners don't have such a choice, and are often thrown into a media circus." Source:
https://www.ozlotteries.com/blog/how-to-remain-anonymous-when-you-win-lotto/ Bahamas: No current lottery. Source:
https://thenassauguardian.com/2013/01/29/strong-no-vote-trend-so-far-in-gaming-referendum/ Bahrain: Not Anonymous. Source:
https://bdutyfree.com/terms-conditions1#.X8ru92lOmdM Barbados: Not Anonymous. "No. Barbados Lottery winners cannot remain anonymous. The Barbados Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Barbados Lottery winners' home addresses and telephone numbers are confidential." Source:
https://www.mybarbadoslottery.com/faqs Brazil: 100% Anonymous if requested by the winner. Source:
https://www.lotterycritic.com/lottery-results/brazil-lottery/ Canada: Not Anonymous. Every provincial lottery corporation in Canada requires winners to participate in a publicity photo shoot showing their face, their name and their municipality. Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://consumers.findlaw.ca/article/can-lottery-winners-remain-anonymous/ Carribbean Lottery Countries (Antigua/Barbuda, Anguilla, St. Kitts/Nevis, St. Maarten/Saba/St. Eustatius, and Turks/Caicos): Not Anonymous. "No. Caribbean Lottery winners cannot remain anonymous. The Caribbean Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Caribbean Lottery winners' home addresses and telephone numbers are confidential." Source:
https://www.thecaribbeanlottery.com/faqs China: 100% Anonymous if requested by the winner. Must appear in a press conference and photo but allowed to wear disguise. Source:
https://www.usatoday.com/story/news/world/2015/01/22/china-lottery-winners-mask/22108515/ Cuba: No current lottery. Source:
https://oncubanews.com/en/cuba/society-cuba/cuban-traditions/lottery-the-national-game-infographics/ EuroMillions Countries (Austria, Belgium, France, Ireland, Luxembourg, Portugal, Spain, Switzerland, and UK*): 100% Anonymous if requested by the winner. Source:
https://www.euro-millions.com/publicity *United Kingdom: Excludes
*Caymen Islands, and Falkland Islands: No current lottery. Source:
https://calvinayre.com/2018/11/02/business/cayman-islands-move-illegal-gambling-doesnt-address-real-issue/ Source:
https://simonsblogpark.com/onlinegambling/simons-guide-gambling-falkland-islands/amp/#lottery-falkland-islands *Anguilla, and Turks & Caicos: Not Anonymous. Source:
https://www.thecaribbeanlottery.com/faqs EuroJackpot Countries (Croatia, Czechia, Denmark, Estonia, Finland, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands*, Norway, Poland, Slovakia, Slovenia, Spain, and Sweden): 100% Anonymous if requested by the winner. Source:
https://www.euro-jackpot.net/en/publicity *Netherlands: Excludes
*St. Maarten, Saba, and St. Eustatius: Not Anonymous. Source:
https://www.thecaribbeanlottery.com/faqs Fiji: 100% Anonymous if requested by the winner. Source:
https://fijisun.com.fj/2012/11/08/3m-lotto-win-here/ Georgia (Kartvelia): Anonymity appears to be an option. "2.9.1. Prizes and Winners. Each Bidder shall provide details of:....how winners who waive their right to privacy will be treated;" Source:
https://mof.ge/images/File/lottery/tender-documentation.pdf Greece: Anonymity appears to be an option. "The bearer of the ticket shall keep the details of the ticket confidential and not reveal them to any third party." Source:
https://www.opap.gen/identity-terms-of-use-lotto Guyana: Not Anonymous. Source:
https://www.kaieteurnewsonline.com/2013/05/16/winner-says-he-was-too-busy-to-collect-78m-lotto-prize/ India*: Not Anonymous. Source:
https://www.bbc.com/news/world-asia-35771298 *: Only available in the states of Kerala, Goa, Maharashtra, Madhya Pradesh, Punjab, West Bengal, Assam, Arunachal Pradesh, Meghalaya, Manipur, Sikkim, Nagaland and Mizoram. Source:
https://www.indiatoday.in/india/story/lottery-mizoram-nagaland-sikkim-kerala-975188-2017-05-04 Indonesia: No current lottery. Source:
https://apnews.com/45eb94ff1b1132470a7aa5902f0bc734 Israel: Not Anonymous by Law, Anonymous in Practice. “[A]lthough we have this right, we have never exercised it because we understood the difficulties the winners could encounter in the period after their win. We provide details about the winner, but in a manner that doesn’t disclose their identity,” Dolin Melnik, then-spokesperson for Israel’s Mifal Hapayis lottery told Haaretz in 2009." Source:
https://www.timesofisrael.com/why-the-israeli-lottery-gives-winners-masks/ Jamaica: Not Anonymous. First initial and last name of winner was released but winner was allowed to wear a mask for photo. Source:
https://news.e-servicis.com/news/trending/lottery-winner-takes-prize-in-scream-mask.1S/ Japan: 100% Anonymous if requested by the winner. Source:
https://www.japantimes.co.jp/news/2017/09/08/business/japans-lottery-rakes-declining-revenues-younger-generation-gives-jackpot-chances-pass/#.XRYwVVMpCdM Kenya: Not Anonymous. "9.1 When You claim or are paid a prize, You will automatically be deemed to grant to O8 LOTTO an irrevocable right to publish, through all types of media broadcasting, including the internet, for the purposes of promoting the win, Your full name (as well as Your nick name), hometown, photograph and video materials without any claim for broadcasting, printing or other rights" Source:
https://mylottokenya.co.ke/terms-conditions Malaysia: 100% Anonymous if requested by the winner. Source:
https://says.com/my/news/a-24-year-old-malaysian-woman-just-won-more-than-rm4-million-from-4d-lottery Nagorno-Karabakh: Not Anonymous. Source:
http://asbarez.com/120737/artsakh-lottery-winner-claims-car-prize/ New Zealand: 100% Anonymous if requested by winner. Source:
https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10383080 North Korea: Not Anonymous. Source:
https://www.nknews.org/2018/11/north-korean-sports-ministry-launches-online-lottery/ Northern Cyprus: Anonymity appears to be an option. Source:
https://www.pressreader.com/cyprus/cyprus-today/20181124/281590946615912 Oman: 100% Anonymous if requested by the winner. Source:
http://www.omanlottery.com/ Philippines: 100% Anonymous if requested by the winner. Source:
https://www.rappler.com/nation/214995-ultra-lotto-winners-claim-winnings-pcso-october-2018 Qatar: Not Anonymous. Source:
https://www.qatarliving.com/forum/qatar-living-lounge/posts/qatar-duty-free-announces-latest-us1-million Romania: Anonymity appears to be an option. Source:
https://www.thelotter.com/win-lottery-anonymously/ Russia: 100% Anonymous if requested by the winner. Source:
http://siberiantimes.com/otheothers/news/siberian-scoops-a-record-184513512-roubles-on-russian-state-lottery/ Samoa: Not Anonymous. Source:
https://www.rnz.co.nz/international/pacific-news/191796/samoa%27s-lotto-winner-still-a-mystery Saudi Arabia: No current lottery. Source:
https://www.arabnews.com/police-arrest-lottery-crooks-victimizing-expats Singapore: Anonymity appears to be an option. Source:
https://www.straitstimes.com/singapore/did-you-win-here-are-results-of-136m-toto-hongbao-draw Solomon Islands: No current lottery. Source:
http://www.paclii.org/sb/legis/consol_act/gala196/ South Africa: 100% Anonymous if requested by the winner. Source:
https://www.thesouthafrican.com/powerball-results/powerball-winner-r232-million-found-lottery-details/ South Korea: 100% Anonymous if requested by the winner. Source:
https://elaw.klri.re.keng_mobile/viewer.do?hseq=38378&type=sogan&key=5 Sri Lanka: Anonymity appears to be an option. Source:
http://www.thesundayleader.lk/2010/01/31/where-do-all-the-lottery-winners-go/ Taiwan: 100% Anonymous if requested by the winner. Source:
http://m.focustaiwan.tw/news/asoc/201806250011.aspx Trinidad and Tobago: Anonymity appears to be an option. Source:
https://trinidadexpress.com/news/local/student-wins-the-million-lotto/article_3f3c8550-570d-11e9-9cc3-b7550f9b4ad4.html Tuvalu: No current lottery. Source:
http://tuvalu-legislation.tv/cms/images/LEGISLATION/PRINCIPAL/1964/1964-0004/GamingandLotteries_1.pdf United Arab Emirates: Not Anonymous. Source:
https://www.ndtv.com/indians-abroad/shojith-ks-in-sharjah-uae-wins-abu-dhabi-duty-free-big-ticket-4-million-jackpot-rejects-calls-2032942 Vatican City: Anonymity appears to be an option. Source:
https://cruxnow.com/vatican/2018/12/04/popes-white-lamborghini-up-for-raffle-winner-gets-trip-to-rome/ Vietnam: Anonymity appears to be an option. Source:
https://ampe.vnexpress.net/news/news/vietnamese-farmer-identified-as-winner-of-4-million-lottery-jackpot-3484751.html Windward Lottery Countries (Dominica, Grenada, Saint Lucia, Saint Vincent and the Grenadines): Not Anonymous. "Prize winners asked to do so by Winlot must give their name and address, and satisfactory establish their identity. All winners of the Jackpot (Match 6) prize will be photographed. Note that Winlot and CBN reserve the right to publish the names, addresses and photographs of all the winners." Source:
http://www.stlucialotto.com/snl/super6_rules_regs.php Kingofearth23 to LotteryLaws [link] [comments] The Covid corporate bonus bailout costs about $18,000 per citizen. So Congress is taking $18,000 from your future, giving $16,800 to corporations and giving you back a check for $1,200.
Chancellor on brink of second bailout for banks. 2009 The coronavirus shutdown is hammering supply and demand across the globe. That has forced the real economy into a sharp recession and triggered a rolling financial crisis. Below is a primer on one key piece of this mess: the crisis in corporate debt markets. This branch of finance is vitally important because even healthy companies often need access to credit. If they do not get it, they go under.
In 2008, the vector of crisis ran from mortgage-backed securities to the rest of the financial sector and then to the real economy. This time, the real economy is being hit directly, and the damage is reverberating back into financial markets. The failing markets, in feedback-loop fashion, further threaten the real economy as corporations find it harder to borrow. As the corporate debt markets sour, major companies will go bankrupt. Unemployment is skyrocketing. Some analysts expect the economy to contract by an annualized rate of 30 percent during the second quarter of 2020.
Already, US financial markets are on public life support. The Federal Reserve has committed to unlimited purchases of all sorts of assets: US Treasuries, mortgage-backed securities, car loans, municipal debts, and, in a historic step, both short term and long-term corporate debt. But the crisis will require more than a financial rescue.
The key political question now is: What sort of controls will come with the state intervention? Corporate greed and self-dealing need to be checked not merely in the name of fairness but also to make sure public bailout money is actually invested in the real economy rather than just gambled away, as it was after the 2008 crash and rescue.
The Rise of Corporate Debt Since 2008, household debt levels have actually declined and are now lower than they were going into the last crash. But not corporate debt. Measured as a firm’s “net debt” compared to its EBITDA (earnings before interest, tax, depreciation, and amortization), corporate debt has doubled since the last crash. In 2009, the average American company owed $2 of debt for every $1 in earnings. Today, the average firm carries net debt to EBITDA of 3 to 1, and many firms — like Ford Motor, CarMax, Harley-Davidson, and General Motors — carry ratios ranging from 8 to 1, to as high as 15 to 1. Boeing, a special case because of its 737 MAX crisis, carries a ratio of 37 to 1.
Over the last two decades, corporate America’s credit rating has collapsed. In the early ’90s, more than sixty companies held AAA credit ratings. Today, only two US firms are AAA rated: Johnson & Johnson and Microsoft. In 2001, fewer than one in five “investment-grade” firms were rated BBB. Today half of all investment-grade corporate debt belongs to firms rated “triple-B” (BBB) or lower. A third of those firms are rated triple-B minus (BBB-), one notch away from speculative or “junk” status.
Already many triple-B-rated corporate bonds are trading on secondary markets at unusually low prices and high yields, often above 5 percent; that means even “investment grade” bonds are being treated as junk. Soon many triple-B-rated corporations will be formally downgraded to junk. That will drive up their borrowing costs and restrict their access to credit. Even healthy companies often need access to ready credit. If they do not get it, they go under.
The rating agency Moody’s estimates the default rate for “speculative-grade” debt — companies with ratings lower than Baa from Moody’s Investors Service, or a rating lower than BBB from Standard & Poor’s — might reach 10 percent this year, up from 2.3 percent last year. The consequences of all this will reverberate throughout the wider economy, deepening and extending the recession.
Total global corporate debt, including bonds and loans, is approximately $66 trillion; more than double what it was a decade ago. For comparison, the combined gross national product of all economies was estimated at $80.27 trillion in 2017. About a quarter of that is the US economy.
What They Did With the Money After the 2008 crash, the world’s central banks, with the US Federal Reserve in the lead, spent the next decade pushing money into the financial markets by way of super-low interest rates and the direct public purchase of financial assets from the private sector via quantitative easing (QE).
The cheap credit encouraged lots of corporate borrowing in the form of loans from banks and massive issuance of corporate bonds. Unlike loans, which can be routinely extended, or sometimes abruptly terminated, or have interest rates that float up and down, corporate bonds are debt instruments issued by a company committing to repay borrowed money on a specified schedule at a specified, usually fixed, rate of interest.
Corporations have been borrowing for a variety of reasons that range from shrewd arbitrage to stupid and reckless asset stripping. For a struggling and unprofitable company, for example JCPenney, debt can be a lifeline. For a profitable firm, borrowing money can be a way to raise capital without diluting existing shareholders’ claim on the company’s profits, which would happen if the firm issued stock.
Even some profitable firms with piles of cash borrowed rather than spend their cash, in part for the firepower effect: letting other competitors and market entrants know that the firm has enough money on hand to buy out any threatening start-ups, and showing the world the firm is ready to ride out any economic crisis.
Some firms used their borrowed money to buy other firms. This helped fuel a post-2008 wave of mergers and acquisitions (M&As). Deloitte reported “more than $10 trillion in [M&A] domestic transactions since 2013.” Targeted companies borrowed to stockpile cash as a defense against such takeovers.
Firms also borrowed to fund CEO compensation, distributions to investors via dividends, and stock buybacks. Companies buy back their own stock so as to boost its price. A rising stock price is useful in many ways: it can keep away hostile raiders by making a targeted company too expensive to take over, but it can also draw in friendly suitors because (with some creative accounting) a rising stock value can make a weak firm appear more profitable. Corporate executives like a rising stock price because compensation packages are both tied to stock performance and almost always include some payment in company stock, so the higher the stock price, the higher the executives’ payout.
Sometimes, firms even invested their borrowed money in actual production. The capital-intensive oil and gas industry did that, but as we explain below, it still faces a crisis, perhaps more salient than other sectors.
Bad Credit as Perverse Incentive The end result of all the borrowing was declining corporate credit-worthiness: corporate debt soon badly outpaced their earnings growth and cash balances. This led to widespread credit-rating downgrades.
Perversely, lower credit ratings did not slow the borrowing binge, but rather spurred on further lending and borrowing, because as corporate credit ratings slipped, the interest rate that the downgraded firms had to pay on their loans and bonds increased. And, thus, so too did the lenders’ profits.
Corporate debt and stock prices entered into a twisted dialectic, each driving the other. As the stock market continued to inflate over the last decade, it provided the confidence investors required to continue their purchases of risky corporate bonds.
Keep in mind that many of the lending banks and asset funds were actually or essentially borrowing from Uncle Sam at inflation-adjusted rates close to zero, then lending to companies with triple-B and triple-B minus ratings at 5 percent interest. Profits like that meant there were always banks and asset funds eager to lend to debt-burdened corporations.
Investors could directly purchase specific corporations’ bonds, or, as is more often the case, invest in mutual funds or exchange-traded funds (ETFs) that target an array of corporate bonds. High-risk loans were also sliced and diced and repackaged into bundles called “collateralized loan obligations” (CLOs), a class of securities backed by an underlying portfolio of corporate loans.
According to the Federal Reserve Board of Governors, the majority of American CLOs are held by US institutional investors, including insurance companies, mutual funds, and depository institutions. This means that when the debt is unable to be serviced, the pain will be absorbed within the US economy, much of it by the unassuming customers of these financial behemoths.
As was the case with the mortgage-backed securities of the 2008 crash, these funds helped “distribute risk” and thus gave an appearance of safety. The logic was that owning 1 percent of a hundred different loans would be safer, even if some loans went bad, than owning the entirety of a single debt security. The logic is not entirely wrong. And that is part of the problem: it encouraged yet more lending. As long as the economic forecast was optimistic, there was no reason for the debt spree to let up.
Zombies and Others Corporate debt, like much of the economy, is a story of disparities. Not every corporation is burdened by debt. Some firms are actually awash in cash. Microsoft, Berkshire Hathaway, Alphabet Inc, and Apple each sit on more than $100 billion in cash. As a whole, corporate America has been sitting on record amounts of cash in recent years. But at the same time, Morgan Stanley Investment Management estimates that one in six US companies cannot cover even the interest payments on their debts.
At the heart of the problem are “leveraged loans” and so-called zombie firms. Leveraged loans are a type of expensive, high-risk credit extended to already heavily indebted companies. Since the 2008 crash, the leveraged loan market has doubled to $1.2 trillion. Now, leveraged loans in the United States are being re-sold at only 84 cents on the dollar, their lowest price since August 2009. The majority of leveraged loans — more than half — are in the form of the aforementioned CLOs. In the fourth quarter of 2018, there were $617 billion of CLOs outstanding.
Zombie firms are defined by the Bank for International Settlements as heavily indebted, well-established companies that have failed to be profitable over an extended period and have low expected profitability in the future. In other words, heavily indebted start-ups do not qualify as zombies. The most threatened sectors are energy, automotive, insurance, capital goods (meaning equipment and machinery), telecoms, aerospace and defense, and some parts of retail.
The bull market of rising, often overvalued, stock prices allowed many uncompetitive and unprofitable companies to appear healthy based solely on their stock’s performance. Even before the markets started to crash on March 9, some analysts were prescient enough to call the market’s bluff at the beginning of the year.
But in this rapidly developing crisis, firms all across the economy may soon find it impossible to meet their liabilities. With the coronavirus breaking supply chains and forcing massive constrictions in consumer demand, corporate earnings are contracting fast, which in turn will badly hurt corporate debt servicing.
Like a hypertrophied organ rupturing, the putrefaction of unsustainable corporate debt now threatens to create a generalized economic sepsis that will hurt even healthy firms.
Profiles in Debt Airlines. The top six major US airlines spent enormous sums to buy back their stock over the last decade. US airlines (as a whole) spent 96 percent of their borrowed money on buying back stock. Now, revenue from flights is plummeting. United Airlines’ bookings have fallen by 70 percent. Back in 2011, American Airlines filed for Chapter 11 bankruptcy with $29 billion in liabilities; today, they have over $34 billion in debt. Yields on some of their bonds reached a whopping 12 percent, a particularly distressing sign as interest rates have been slashed by the Fed in an effort to relieve credit markets.
Energy. Even before the effects of coronavirus eviscerated demand for fossil fuels, US energy companies were suffering due to high fixed costs and low energy prices. In the last five years, 208 US energy companies have declared bankruptcy. Energy prices have been pushed down by the fracking revolution, the rise of renewable energy, and oil overproduction due to struggles between large producers like Saudi Arabia, Russia, and the United States.
Now the coronavirus shock is pushing firms over the edge. Occidental Petroleum — which has $40 billion in debt, while its market value (the value of all of its stocks combined) is less than $11 billion — recently had its debt downgraded to junk.
Energy mutual funds reveal the crisis in the energy sector as a whole. Vanguard Energy Fund, considered one of the top four oil mutual funds, has lost over 41 percent of its value since the beginning of the year. Of course, the biggest oil companies, the “Oil Majors” (such as BP, Exxon Mobil, and Royal Dutch Shell) have enough resources, market power, and government support to survive the crisis. But the effects on the less established firms stretch beyond the energy industry itself.
Lenders. As the oil and gas firms go into crisis, the banks that extended them credit may also face defaults. Loans outstanding to the petroleum sector from regional banks in North America exceed $100 billion. Banks financing oil companies in Texas and Oklahoma saw their share prices drop nearly 30 percent. In oil-dependent states, public budgets will hurt as tax revenues decline sharply.
Retail. A number of important retailers carry net debt to EBITDA ratios that are too high to be sustainable under current conditions. For example, Rite Aid owes $15.80 for every dollar it earns. For JCPenney, the ratio is $8.30 to $1; for Walgreens Boots Alliance, it is $5.80 to $1. Office Depot owes $4.60 compared to every dollar earned.
Beyond Bailout Bailing out distressed companies, even taking them under public ownership for a while, may staunch the bleeding. And the bubble can eventually be reinflated with enough effort. But a replay of the 2008 bailout, which involved lots of public money but very little public regulation and planning, will only mean a long slump followed by a bubble for the rich.
The American economy is a sick beast. It needs not only government handouts and ownership — which it is getting — it also needs planning.
Oil, airlines, and cruise ships — these are high-emission industries that, in the face of climate crisis, must be radically transformed or cease to exist. With government ownership and planning, these industries could be unwound and their resources redeployed.
Although COVID-19 set off our current recession, it was the indulgence of the 1 percent built into the 2008 rescue that is responsible for the depth and severity of our current economic crisis. Without guidance, money was poured into the financial system. Not surprisingly, it blossomed alongside the mutually reinforcing dynamic of artificially inflated stock prices and ballooning corporate debt.
Capitulation to the gluttony of financiers is deeply unjust. But it is also unworkable in purely technical terms. Without constraints on greed, there will be another bubble and crash and a longer slump, more suffering, greater inequality, and more social instability. We have to force government to use its legal and financial power to steer the American economy toward more egalitarian, socially rational, and environmentally sustainable purposes. We have to make this bailout work for the majority of us.
Corporate Socialism: The Government is Bailing Out Investors & Managers Not You The U.S. government is enacting measures to save the airlines, Boeing, and similarly affected corporations. While we clearly insist that these companies must be saved, there may be ethical, economic, and structural problems associated with the details of the execution. As a matter of fact, if you study the history of bailouts, there will be.
The bailouts of 2008–9 saved the banks (but mostly the bankers), thanks to the execution by then-treasury secretary Timothy Geithner who fought for bank executives against both Congress and some other members of the Obama administration. Bankers who lost more money than ever earned in the history of banking, received the largest bonus pool in the history of banking less than two years later, in 2010. And, suspiciously, only a few years later, Geithner received a highly paid position in the finance industry.
That was a blatant case of corporate socialism and a reward to an industry whose managers are stopped out by the taxpayer. The asymmetry (moral hazard) and what we call optionality for the bankers can be expressed as follows: heads and the bankers win, tails and the taxpayer loses. Furthermore, this does not count the policy of quantitative easing that went to inflate asset values and increased inequality by benefiting the super rich. Remember that bailouts come with printed money, which effectively deflate the wages of the middle class in relation to asset values such as ultra-luxury apartments in New York City.
The Generalized Bob Rubin Trade: Keep the profits, transfer losses to taxpayers. Named after Bob Rubin who pocketed 120 million dollars from Citi but claimed uncertainty and kept past bonuses. This encourages anyone to never be insured for such eventualities since the government will pick up the tab.
If It’s Bailed Out, It’s a Utility First, we must not conflate airlines as a physical company with the financial structure involved. Nor should we conflate the fate of the employees of the airlines with the unemployment of our fellow citizens, which can be directly compensated rather than indirectly via leftovers of corporate subsidies. We should learn from the Geithner episode that bailing out individuals based on their needs is not the same as bailing out corporations based on our need for them.
Saving an airline, therefore, should not equate to subsidizing their shareholders and highly compensated managers and promote additional moral hazard in society. For the very fact that we are saving airlines indicates their role as utility. And if as such they are necessary for society, then why do their managers have optionality? Are civil servants on a bonus scheme? The same argument must also be made, by extension, against indirectly bailing out the pools of capital, like hedge funds and endless investment strategies, that are so exposed to these assets; they have no honest risk mitigation strategy, other than a trained naïve reliance on bailouts or what’s called in the industry the “government put”.
Second, these corporations are lobbying for bailouts, which they will eventually get thanks to the pressure they can exert on the government via lobby units. But how about the small corner restaurant ? The independent tour guide ? The personal trainer? The massage professional? The barber? The hotdog vendor living from tourists near the Met Museum ? These groups cannot afford lobbyists and will be ignored.
Buffers Not Debt Third, as we have been warning since 2006, companies need buffers to face uncertainty –not debt (an inverse buffer), but buffers. Mother nature gave us two kidneys when we only need about a portion of a single one. Why? Because of contingency. We do not need to predict specific adverse events to know that a buffer is a must. Which brings us to the buyback problem. Why should we spend taxpayer money to bailout companies who spent their cash (and often even borrowed to generate that cash) to buy their own stock (so the CEO gets optionality), instead of building a rainy day buffer? Such bailouts punish those who acted conservatively and harms them in the long run, favoring the fool and the rent-seeker.
Not a Black Swan Furthermore, some people claim that the pandemic is a “Black Swan”, hence something unexpected so not planning for it is excusable. The book they commonly cite is The Black Swan. Had they read that book, they would have known that such a global pandemic is explicitly presented there as a white swan: something that would eventually take place with great certainty. Such acute pandemic is unavoidable, the result of the structure of the modern world; and its economic consequences would be compounded because of the increased connectivity and overoptimization. As a matter of fact, the government of Singapore, whom we advised in the past, was prepared for such an eventuality with a precise plan since as early as 2010.
........................................................................... >Section 4009. Temporary Government in the Sunshine Act Relief. Temporarily permits the Board of Governors of the Federal Reserve Federal Reserve to conduct meetings without regards to the Government in the Sunshine Act, which institutes certain requirements for meetings that may be impracticable to carry out under certain unusual and exigent circumstances, such as those related to the coronavirus outbreak, if the Chairman determines, in writing, that such circumstances exist. The Federal Reserve is still required to keep a record of all votes and the reason for votes during this time. This authority expires at the earlier of December 31, 2020, or the date on which the national emergency declaration related to coronavirus is terminated. https://www.banking.senate.gov/imo/media/doc/Title%20IV_Section%20by%20Section.pdf This.is.your.brain.on.central.banking,regulatory.capture,and.financialization. ........................................................................... 2020
Dow Futures Reverse Gains Despite Trump’s $6 Trillion Fiscal Bomb Dow futures spiked after Trump's top economic advisor Larry Kudlow unveiled a gigantic $6 trillion stimulus package for the U.S. But the gains didn't last amid underlying concerns about the health of the economy. MakeTotalDestr0i to Bitcoin [link] [comments] Anonymity by State/Country: Comprehensive Global Guide II
This post is now out of date. Go here for the most up to date list of lottery anonymity policies:
https://www.reddit.com/LotteryLaws/comments/ijhl27/anonymity_by_statecountry_comprehensive_global/?utm_medium=android_app&utm_source=share Ever since i started playing regularly, i've researched anonymity in places. Here is what i have for each state plus a bunch of other countries. If anything is outdated or incorrect, please comment.
United States
Alabama: No current lottery. Source:
https://www.wtvy.com/content/news/Lottery-bill-other-legislation-is-likely-dead-in-Alabama-legislature-569059451.html Alaska: No current lottery/Not Anonymous. "Unlike most other states, Alaska doesn’t have a state-sponsored lottery." Source:
https://www.lotterycritic.com/lottery-results/alaska/ Alaska does permit charities to run lotteries, the largest one is Not Anonymous. Source:
http://www.lottoalaska.com/ Alaska's governor has proposed a bill to create an official Alaska State Lottery. Source:
https://apnews.com/78cacca5137f6b47e41be2de37600044 American Samoa: No current lottery. Source:
https://simonsblogpark.com/onlinegambling/simons-guide-to-gambling-in-american-samoa/amp/ Arizona: 100% Anonymous if requested by the winner for all wins of $100,000 and over. Source:
https://www.nbcnews.com/news/us-news/arizona-becomes-latest-state-shield-lottery-winners-names-n995696 Arkansas: Not Anonymous/Other entities unclear. "Winner information is subject to disclosure under the Arkansas Freedom of Information Act (FOIA). A winner who receives a prize or prize payment from the ASL grants the ASL, its agents, officers, employees, and representatives the right to use, publish (in print or by means of the Internet) and reproduce the winner’s name, physical likeness, photograph, portraits, and statements made by the winner, and use audio sound clips and video or film footage of the winner for the purpose of press releases, advertising, and promoting the ASL". Source:
https://www.myarkansaslottery.com/claim-your-prize California: Not Anonymous/Only individuals can claim. “ The name and location of the retailer who sold you the winning ticket, the date you won and the amount of your winnings are also matters of public record and are subject to disclosure. You can form a trust prior to claiming your prize, but our regulations do not allow a trust to claim a prize. Understand that your name is still public and reportable”. Source:
https://static.www.calottery.com/~/media/Publications/Popular_Downloads/winners-handbook-October%202018-%20English.pdf Colorado: Not Anonymous/Anonymous via trust. “As part of the Open Records Act, we are required to release to the public your name, hometown, amount you won and the game you played. This information will be posted on coloradolottery.com and will be furnished to media upon request.” Source:
https://www.coloradolottery.com/en/games/lotto/claim-winnings/ Source:
https://denver.cbslocal.com/2016/01/15/in-colorado-and-other-states-lottery-winners-can-keep-names-secret/ Connecticut: Not Anonymous/Anonymous via a trust or LLC, "Certain information about our winners is public information: Winner's name and place of residence, date of claim, game played, prize amount won, and the selling retailer's name and location. While most winners claim prizes using their individual names, some winners come forward using other legal entities (i.e., trusts, business partnership) to claim their prizes. In those instances, the Lottery will promote the win using that legal entity's name. For more information about such instances, please consult your personal accountant or legal advisor.” Source:
https://www.ctlottery.org/Content/winner_publicity.aspx Delaware: 100% Anonymous if requested by winner. "Many winners have chosen to remain anonymous, as allowed by state law, but their excitement is yours to share!" Source:
https://www.delottery.com/Winners and
https://www.delottery.com/FAQs DC: Not Anonymous/Anonymous via a trust or LLC. Anonymous question is not directly answered on lottery website. "In the District of Columbia, specific lottery winner information is public record." However, a Powerball Jackpot win was claimed via a LLC in 2009. Source:
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/04/AR2009050402008.html Florida: Not Anonymous/Anonymous via LLC. "Florida Lottery winners cannot remain anonymous. Florida law mandates that the Florida Lottery provide the winner's name, city of residence, game won, date won and amount won to any third party who requests the information; however Florida Lottery winners' home addresses and telephone numbers are confidential." Source:
http://www.flalottery.com/faq The Florida Lottery allows trusts to claim it, however winner information is still released in compliance with the law. A $15 Million jackpot was claimed by an LLC. Source:
https://www.fox13news.com/amp/consumehit-the-lottery-remain-anonymous-not-in-florida Source:
http://flalottery.com/pressRelease?searchID=199128 Georgia: 100% Anonymous if requested by the winner for all prizes over $250,000. Source:
https://www.stl.news/georgia-governor-signs-bill-allowing-lottery-winners-remain-anonymous/121962/ Guam: Anonymity appears to be an option. Source:
https://www.kuam.com/story/11218413/guamanian-wins-big-in-sportsbingo-but-has-yet-to-claim-2m-prize Hawaii: No current lottery. Source:
https://www.kitv.com/story/40182224/powerball-or-mega-millions-lottery-in-hawaii Idaho: Not Anonymous."By claiming a winning lottery ticket over $600, winners become subject to Idaho’s Public Records Law. This means your “win” becomes an offcial Idaho public record. Your full name, the town where you live, the game you won, the amount you won (before and after taxes), the name of the retailer where you bought the ticket, and the amount the retailer receives for selling the ticket are all a matter of public record." Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.idaholottery.com/images/uploads/general/winnersguideweb.pdf Illinois: Not Anonymous/Anonymous if requested by winner for all wins over $250,000 however info will be released to a FOIA request. "However, Murphy also cooperated with the Illinois Press Association in adding an amendment that ensures that Freedom of Information Act, an act designed to keep government agencies transparent by allowing the public to access any public record by request, supersedes the privacy law, according to attorney Don Craven, the press association’s legal counsel." Source:
https://www.thetelegraph.com/news/article/Hidden-riches-Big-lottery-winner-in-Beardstown-13626173.php Indiana: Not Anonymous/Anonymous via LLC or trust. "Indiana law allows lottery jackpot winners to remain anonymous, with the money being claimed by a limited liability company or legal trust." Source:
https://www.chicagotribune.com/nation-world/ct-indiana-mega-millions-winners-20160729-story.html Iowa: Not Anonymous/Can use a trust to claim but information will be released. "When you win an Iowa Lottery prize of $600 or more, you have to fill out a winner claim form that includes your name, address and Social Security number before you can claim your winnings. Iowa law makes the information on that claim form public, meaning that anyone can request a copy of the form to see who has won the prize. We redact sensitive information, such as your Social Security number, from the form before we release it, but all other details are considered public information under Iowa law (Iowa Code Section 99G.34(5)." Source:
https://www.ialotteryblog.com/2008/11/can-prize-winne.html .
For group play, "Prizes can be paid to players who play as a group. A check can be written to an entity such as a trust or to a single individual." Source:
https://ialottery.com/pages/Games/ClaimingPrizes.aspx Kansas: 100% Anonymous if requested by the winner. "Kansas is one of a handful of states that does not have this requirement. If you win a prize in Kansas, you may request that your identity not be released publicly." Source:
https://www.kslottery.com/faqs#faq-8 Kentucky: Anonymity appears to be an option. Anonymity or who can claim is not addressed on lottery website. But multiple instances of winners claiming anonymously have been reported in the news. "Kentucky Lottery spokesman Chip Polson said the $1 million Powerball winner claimed the prize on May 15 and the Mega Million winner claimed the prize on May 12. He confirmed that both players wanted their identity to remain a secret." Source:
https://www.courier-journal.com/story/news/local/2017/05/19/two-1-million-lottery-winners-who-bought-tickets-louisville-want-privacy/101870414/ Louisiana: Not Anonymous/Anonymous via trust. "Under the Lottery's statute, all prize payment records are open records, meaning that the public has a right to request the information. Depending upon the amount won and public or media interest in the win, winners may NOT be able to remain anonymous. The statute also allows the Lottery to use winners' names and city of residence for publicity purposes such as news releases. The Lottery's regular practice is not to use winner information in paid advertising or product promotion without the winner's willingness to participate. Source:
https://louisianalottery.com/faq/easy-5#35 Source:
https://louisianalottery.com/article/1050/the-williams-trust-claims-share-of-50-million-powerball-jackpot Maine: Not Anonymous/Anonymous via trust. "In the event that Maine does have a Mega Millions winner, he or she can opt to remain anonymous — but Boardman says that’s never happened. “What a winner could do in Maine is they could file their claim in the name of a trust, and the trust becomes the winner. So that’s how a winner could claim their ticket anonymously,” he says." Source:
https://www.mainepublic.org/post/lottery-official-reminds-mainers-they-re-exceedingly-unlikely-win-16-billion-jackpot Maryland*: Not Anonymous by Law, Anonymous in Practice. "However, the legal basis for this anonymity in Maryland is thin. The Maryland Lottery does not advertise that lottery winners may remain anonymous, but it posts articles on its website about winners and notes those winners who have “chosen to remain anonymous:” Source:
https://www.gw-law.com/blog/anonymity-maryland-lottery-winners *"Please note that this anonymity protection does not apply to second-chance and Points for Drawings contests run through the My Lottery Rewards program. Those contests are run as promotions for the Lottery. As such, they are operated under a different set of rules than our draw games and scratch-off games. The rules of participating in our second-chance and Points for Drawings contests state that winners' identities are published."" Source:
https://www.mdlottery.com/about-us/faqs/ Massachusetts: Not Anonymous/Anonymous via trust "Lottery regulations state that a claimant's name, city or town, image, amount of prize, claim date and game are public record. Therefore, photographs may be taken and used to publicize winnings." Source:
https://www.masslive.com/news/2018/05/lottery_sees_increase_in_winne.html Michigan: Not Anonymous for Powerball and Mega Millions/100% Anonymous if requested by the winner for all other winners over $10,000. "Winner Anonymity. Michigan law requires written consent before disclosing the identity of the winner of $10,000 or more from the State lottery games Lotto47 and Fantasy 5. You further understand and agree that your identity may be disclosed, and that disclosure may be required, as the winner of any prize from the multi-state games Powerball and Mega Millions." Source:
https://www.michiganlottery.com/games/mega-millions Minnesota: Not Anonymous. Anonymity or who can claim is not addressed on lottery website but lottery blog states "In Minnesota, lottery winners cannot remain anonymous. A winner's name, city, prize amount won and the place that the winning ticket was sold is public data and will be released to media and posted on our website." Source:
https://www.mnlottery.com/blog/you-won-now-what Mississippi: 100% Anonymous if requested by the winner. "In accordance with the Alyce G. Clarke Mississippi Lottery Law, the Mississippi Lottery will not disclose the identity of the person holding a winning lottery ticket without that person's written permission." Source:
https://www.mslotteryhome.com/players/faqs/ Missouri: Not Anonymous. "At the Lottery Headquarters, a member of the Lottery's communications staff will ask you questions about your win, such as how many tickets you bought, when you found out that you won and what you plan to do with your prize money. This information will be used for a news release. You will also be asked, but are not required, to participate in a news conference, most likely at the store where you purchased your winning ticket." Source:
http://www.molottery.com/whenyouwin/jackpotwin.shtm A Missouri State Legislator has submitted a bill to the State House to give lottery winners anonymity. Source:
https://www.kfvs12.com/2020/02/25/mo-house-considers-legislation-protect-identity-lottery-winners/ Montana: Not Anonymous/Anonymous via trust. "In Montana, by law, certain information about lottery winners is considered public. That information includes: the winner's name, the amount won and the winner's community of residence. Winners may choose to claim as an individual or they may choose to form a trust and claim their prize as a trust. If a trust claims a lottery prize, the name of the trust is considered public information. A trust must have a federal tax identification number in order to claim a Montana Lottery prize." Source:
https://www.montanalottery.com/en/view/about-faqs Nebraska: Not Anonymous/Anonymous via LLC. Anonymity or who can claim is not addressed on lottery website but a winner created a legal entity to claim anonymously in 2014. "Nebraska Lottery spokesman Neil Watson said with the help of a Kearney lawyer, the winner or winners have created a legal entity called Carpe Diem LLC." Source:
https://journalstar.com/news/state-and-regional/nebraska/m-nebraska-powerball-winner-to-remain-anonymous/article_a044d0f0-99a7-5302-bcb9-2ce799b3a798.html A Nebraska State Legislator has now filed a bill to give 100% Anonymity to all winners over $300,000 who request it. Source:
https://journalstar.com/news/state-and-regional/nebraska/anonymity-for-lottery-winners-bill-would-give-privacy-to-those/article_1cdba44d-c8bb-5971-b73f-2eecc8cd4625.html Nevada: No current lottery. Source:
https://www.reviewjournal.com/business/casinos-gaming/heres-why-you-cant-play-powerball-in-nevada/ New Hampshire: Not Anonymous/Anonymous via a trust. Anonymity or who can claim is not addressed on lottery website but a winner successfully sued the lottery and won the right to remain anonymous in 2018. Source:
https://www.washingtonpost.com/news/post-nation/wp/2018/03/12/winner-of-a-560-million-powerball-jackpot-can-keep-the-money-and-her-secret-judge-rules/?noredirect=on&utm_term=.bec2db2f7d2c New Jersey: 100% Anonymous if requested by the winner. Source:
https://www.nj.com/politics/2020/01/win-big-you-can-claim-those-nj-lottery-winnings-anonymously-under-new-law.html New Mexico: Not Anonymous. “Winners of $10,000 or more will have name, city, game played, and prize amount and photo on website.” Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.nmlottery.com/uploads/FileLinks/82400d81a0ce468daab29ebe6db3ec27/Winner_Publicity_Policy_6_1_07.pdf New York: Not Anonymous/Anonymous via a LLC. Anonymity or who can claim is not addressed on lottery website but per Gov. Cuomo: "For the past 40 years, individuals wishing to keep their name and information out of the public view have created LLCs to collect their winnings for them." Source:
https://nypost.com/2018/12/09/cuomo-vetoes-bill-allowing-lotto-winners-to-remain-anonymous/ North Carolina: Not Anonymous. "North Carolina law allows lottery winners' identity to remain confidential only if they have an active protective order against someone or participate in the state's "Address Confidentiality Program" for victims of domestic violence, sexual offense, stalking or human trafficking." Source:
https://www.charlotteobserver.com/news/local/article54548645.html North Dakota: 100% Anonymous if requested by the winner. Source:
https://www.kfyrtv.com/home/headlines/ND-Powerball-Winners-Have-Option-to-Remain-Anonymous-364918121.html Northern Mariana Islands: 100% Anonymous if requested by the winner. Source:
https://www.nmsalottery.com/game-rules/ Ohio: Not Anonymous/Anonymous via trust. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option. "The procedure from there was a little cumbersome. I needed to create two separate trusts. One trust was to appoint me, as the trustee on behalf of the winner, to contact the Lottery Commission and accept the Lottery winnings. The secondary trust was set up for me as trustee of the first trust, to transfer the proceeds to the second trust with the winner as the beneficiary. This enabled me to present the ticket, accept the proceeds, and transfer it to the winner with no public record or disclosure." Source:
https://www.altickcorwin.com/Articles/How-To-Claim-Lottery-Winnings-Anonymously.shtml Oklahoma: Not Anonymous/Anonymous via trust or LLC. In accordance with the Oklahoma Open Records Act and the Oklahoma Education Lottery Act, the name of any individual, corporation, partnership, unincorporated association, limited liability company, or other legal entity, and their city of residence will be made public. Source:
https://www.lottery.ok.gov/playersclub/faq.asp Source:
https://oklahoman.com/article/5596678/lottery-winners-deserve-some-anonymity Oregon: Not Anonymous. "No. 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. Oregon citizens have a right to know that Lottery prizes are indeed being awarded to real persons. " Source:
https://oregonlottery.org/about/public-interaction/commission-directofrequently-asked-questions Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.dailymail.co.uk/news/article-3353432/Man-living-Iraq-wins-6-4-million-Oregon-jackpot.html Pennsylvania: Not Anonymous/Anonymous via trust. Source:
https://lancasteronline.com/news/local/trust-that-won-powerball-no-relation-to-manheim-township-emerald/article_29834922-4ca2-11e8-baac-1b15a17f3e9c.html Puerto Rico: 100% Anonymous if requested by the winner. Source:
https://www.nbcnews.com/news/latino/puerto-rico-powerball-winner-claims-prize-chooses-stay-anonymous-n309121 Rhode Island: Not Anonymous/Anonymous if requested but all info is subject to FOIA. "While the Lottery will do everything possible to keep a winner's information private if requested by the winner, in Rhode Island and most other states, this information falls under the Freedom of Information Act, and a winner's name and city or town of residency must be released upon request." Source:
https://www.rilot.com/en-us/player-zone/faqs.html South Carolina: 100% Anonymous if requested by the winner. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option based on prior winners. Source:
https://myfox8.com/2019/03/15/the-anonymous-south-carolina-winner-of-the-largest-lottery-jackpot-is-donating-part-of-it-to-alabama-tornado-victims/ South Dakota: Not Anonymous for draw games and online games/100% Anonymous for Scartchoffs if requested by the winner. "You can remain anonymous on any amount won from a scratch ticket game. Jackpots for online games are required to be public knowledge. Play It Again winners are also public knowledge." Source:
https://lottery.sd.gov/FAQ2018/gamefaq.aspx .
Tennessee: Not Anonymous/Can use a trust but info subject to open records act. Anonymity is explicitly noted as not being allowed on the official lottery website. Source:
https://www.tnlottery.com/faq/i-won However if it is claimed via a trust then the lottery will not give out your information unless requested to do so. "The TN lottery says: "When claiming a Lottery prize through a Trust, the TN Lottery would need identity documentation for the grantor and all ultimate beneficiaries. Once we are in possession of these documents and information, records are generated. If a formal request is made by a citizen of Tennessee, the Trust beneficiary's name, city and state must be made available under the Tennessee Open Records Act." Source:
https://www.avvo.com/legal-answers/in-tennessee--can-a-lottery-jackpot-be-claimed-whi-2327592.html Texas: 100% Anonymous if requested by the winner for $1 million or more IF the winner claims it as an individual AND chooses the Cash option. Not Anonymous if claimed by a trust or LLC or if the winner chooses the Annuity option. Source:
https://www.txlottery.org/export/sites/lottery/Documents/retailers/FAQ_Winner_Anonymity_12112017_final.pdf Utah: No current lottery. Source:
https://www.lotterycritic.com/lottery-results/utah/ Vermont: Not Anonymous/Anonymous via trust. “The name, town and prize amount on your Claim Form is public information. If you put your name on the Claim Form, your name becomes public information. If you claim your prize in a trust, the name of the trust is placed on the Claim Form, and the name of the trust is public information.” Source:
https://vtlottery.com/about/faq Virginia: 100% Anonymous if requested by the winner for prizes over $10 million. "A new law passed by the Virginia General Assembly and signed by the Governor prohibits the Virginia Lottery from disclosing information about big jackpot winners." "When the bill goes into effect this summer, the Virginia Lottery will not be allowed to release certain information about winners whose prize exceeds $10 million, unless the winner wants to be known." Source:
https://www.13newsnow.com/article/news/local/virginia/new-virginia-law-allows-certain-lottery-winners-to-keep-identity-private/291-c33ea642-e8fa-45fd-b3a4-dc693cf5b372 US Virgin Islands: Anonymity appears to be an option. A $2 Million Powerball winner was allowed to remain anonymous. Source:
https://viconsortium.com/virgin-islands-2/st-croix-resident-wins-2-million-in-latest-power-ball-drawing/ Washington: Not Anonymous/Can use a trust but info subject to open records act. "As a public agency, all documents held by Washington's Lottery are subject to the Public Records Act. Lottery prizes may be claimed in the name of a legally formed entity, such as a trust. However, in the event of a public records request, the documents forming the artificial entity may be released, thereby revealing the individual names of winners."
https://www.walottery.com/ClaimYourPrize/ West Virginia: 100% Anonymous if requested by the winner for prizes over $1 million and 5% of winnings remittance. "Effective January 1, 2019, House Bill 2982 allows winners of State Lottery draw games to remain anonymous in regards to his or her name, personal contact information, and likeness; providing that the prize exceeds one million dollars and the individual who elects to remain anonymous remits five percent of his or her winnings to the State Lottery Fund." Source:
https://wvlottery.com/customer-service/customer-resources/ Wisconsin: Not Anonymous/Cannot be claimed by other entities. "Pursuant to Wisconsin’s Open Records law (Wis. Stats. Secs. 19.31–19.39), the Lottery is required to disclose a winner’s name, likeness and place of residence. If you win and claim a prize, the Lottery may use your name, likeness and place of residence for any purpose without compensation to you.
Upon claiming your prize, you waive any claims against the Lottery and its representatives for any and all liability which may result from the disclosure or use of such information." "The original winning ticket must be signed by a single human being. For-profit and non-profit entities, trusts, and other non-human beings are not eligible to play or claim a prize." Source:
https://wilottery.com/claimprize.aspx Wyoming: 100% Anonymous if requested by the winner. "We will honor requests for anonymity from winners. However, we certainly hope winners will allow us to share their names and good news with other players." Source:
https://wyolotto.com/lottery/faq/ Other countries
Australia: 100% Anonymous if requested by winner. "The great thing about playing lotto in Australia is that winners can choose to remain anonymous and keep their privacy, unlike in the United States where winners don't have such a choice, and are often thrown into a media circus." Source:
https://www.ozlotteries.com/blog/how-to-remain-anonymous-when-you-win-lotto/ Bahamas: No current lottery. Source:
https://thenassauguardian.com/2013/01/29/strong-no-vote-trend-so-far-in-gaming-referendum/ Barbados: Not Anonymous. "No. Barbados Lottery winners cannot remain anonymous. The Barbados Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Barbados Lottery winners' home addresses and telephone numbers are confidential." Source:
https://www.mybarbadoslottery.com/faqs Brazil: 100% Anonymous if requested by the winner. Source:
https://www.lotterycritic.com/lottery-results/brazil-lottery/ Canada: Not Anonymous. Every provincial lottery corporation in Canada requires winners to participate in a publicity photo shoot showing their face, their name and their municipality. Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://consumers.findlaw.ca/article/can-lottery-winners-remain-anonymous/ Carribbean Lottery Countries (Antigua/Barbuda, Anguilla, St. Kitts/Nevis, St. Maarten/Saba/St. Eustatius, and Turks/Caicos): Not Anonymous. "No. Caribbean Lottery winners cannot remain anonymous. The Caribbean Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Caribbean Lottery winners' home addresses and telephone numbers are confidential." Source:
https://www.thecaribbeanlottery.com/faqs China: 100% Anonymous if requested by the winner. Must appear in a press conference and photo but allowed to wear disguise. Source:
https://www.usatoday.com/story/news/world/2015/01/22/china-lottery-winners-mask/22108515/ Cuba: No current lottery. Source:
https://oncubanews.com/en/cuba/society-cuba/cuban-traditions/lottery-the-national-game-infographics/ EuroMillions Countries (Austria, Belgium, France, Ireland, Luxembourg, Portugal, Spain, Switzerland, and UK*): 100% Anonymous if requested by the winner. Source:
https://www.euro-millions.com/publicity *United Kingdom: Excludes
*Caymen Islands, and Falkland Islands: No current lottery. Source:
https://calvinayre.com/2018/11/02/business/cayman-islands-move-illegal-gambling-doesnt-address-real-issue/ Source:
https://simonsblogpark.com/onlinegambling/simons-guide-gambling-falkland-islands/amp/#lottery-falkland-islands *Anguilla, and Turks & Caicos: Not Anonymous. Source:
https://www.thecaribbeanlottery.com/faqs EuroJackpot Countries (Croatia, Czechia, Denmark, Estonia, Finland, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands*, Norway, Poland, Slovakia, Slovenia, Spain, and Sweden): 100% Anonymous if requested by the winner. Source:
https://www.euro-jackpot.net/en/publicity *Netherlands: Excludes
*St. Maarten, Saba, and St. Eustatius: Not Anonymous. Source:
https://www.thecaribbeanlottery.com/faqs Fiji: 100% Anonymous if requested by the winner. Source:
https://fijisun.com.fj/2012/11/08/3m-lotto-win-here/ Georgia (Kartvelia): Anonymity appears to be an option. "2.9.1. Prizes and Winners. Each Bidder shall provide details of:....how winners who waive their right to privacy will be treated;" Source:
https://mof.ge/images/File/lottery/tender-documentation.pdf Guyana: Not Anonymous. Source:
https://www.kaieteurnewsonline.com/2013/05/16/winner-says-he-was-too-busy-to-collect-78m-lotto-prize/ India*: Not Anonymous. Source:
https://www.bbc.com/news/world-asia-35771298 *: Only available in the states of Kerala, Goa, Maharashtra, Madhya Pradesh, Punjab, West Bengal, Assam, Arunachal Pradesh, Meghalaya, Manipur, Sikkim, Nagaland and Mizoram. Source:
https://www.indiatoday.in/india/story/lottery-mizoram-nagaland-sikkim-kerala-975188-2017-05-04 Indonesia: No current lottery. Source:
https://apnews.com/45eb94ff1b1132470a7aa5902f0bc734 Israel: Not Anonymous by Law, Anonymous in Practice. “[A]lthough we have this right, we have never exercised it because we understood the difficulties the winners could encounter in the period after their win. We provide details about the winner, but in a manner that doesn’t disclose their identity,” Dolin Melnik, then-spokesperson for Israel’s Mifal Hapayis lottery told Haaretz in 2009." Source:
https://www.timesofisrael.com/why-the-israeli-lottery-gives-winners-masks/ Jamaica: Not Anonymous. First initial and last name of winner was released but winner was allowed to wear a mask for photo. Source:
https://news.e-servicis.com/news/trending/lottery-winner-takes-prize-in-scream-mask.1S/ Japan: 100% Anonymous if requested by the winner. Source:
https://www.japantimes.co.jp/news/2017/09/08/business/japans-lottery-rakes-declining-revenues-younger-generation-gives-jackpot-chances-pass/#.XRYwVVMpCdM Kenya: Not Anonymous. "9.1 When You claim or are paid a prize, You will automatically be deemed to grant to O8 LOTTO an irrevocable right to publish, through all types of media broadcasting, including the internet, for the purposes of promoting the win, Your full name (as well as Your nick name), hometown, photograph and video materials without any claim for broadcasting, printing or other rights" Source:
https://mylottokenya.co.ke/terms-conditions Malaysia: 100% Anonymous if requested by the winner. Source:
https://says.com/my/news/a-24-year-old-malaysian-woman-just-won-more-than-rm4-million-from-4d-lottery Nagorno-Karabakh: Not Anonymous. Source:
http://asbarez.com/120737/artsakh-lottery-winner-claims-car-prize/ New Zealand: 100% Anonymous if requested by winner. Source:
https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10383080 North Korea: Not Anonymous. Source:
https://www.nknews.org/2018/11/north-korean-sports-ministry-launches-online-lottery/ Northern Cyprus: Anonymity appears to be an option. Source:
https://www.pressreader.com/cyprus/cyprus-today/20181124/281590946615912 Oman: 100% Anonymous if requested by the winner. Source:
http://www.omanlottery.com/ Philippines: 100% Anonymous if requested by the winner. Source:
https://www.rappler.com/nation/214995-ultra-lotto-winners-claim-winnings-pcso-october-2018 Romania: Anonymity appears to be an option. Source:
https://www.thelotter.com/win-lottery-anonymously/ Russia: 100% Anonymous if requested by the winner. Source:
http://siberiantimes.com/otheothers/news/siberian-scoops-a-record-184513512-roubles-on-russian-state-lottery/ Samoa: Not Anonymous. Source:
https://www.rnz.co.nz/international/pacific-news/191796/samoa%27s-lotto-winner-still-a-mystery Saudi Arabia: No current lottery. Source:
https://www.arabnews.com/police-arrest-lottery-crooks-victimizing-expats Singapore: Anonymity appears to be an option. Source:
https://www.straitstimes.com/singapore/did-you-win-here-are-results-of-136m-toto-hongbao-draw Solomon Islands: No current lottery. Source:
http://www.paclii.org/sb/legis/consol_act/gala196/ South Africa: 100% Anonymous if requested by the winner. Source:
https://www.thesouthafrican.com/powerball-results/powerball-winner-r232-million-found-lottery-details/ South Korea: 100% Anonymous if requested by the winner. Source:
https://elaw.klri.re.keng_mobile/viewer.do?hseq=38378&type=sogan&key=5 Sri Lanka: Anonymity appears to be an option. Source:
http://www.thesundayleader.lk/2010/01/31/where-do-all-the-lottery-winners-go/ Taiwan: 100% Anonymous if requested by the winner. Source:
http://m.focustaiwan.tw/news/asoc/201806250011.aspx Trinidad and Tobago: Anonymity appears to be an option. Source:
https://trinidadexpress.com/news/local/student-wins-the-million-lotto/article_3f3c8550-570d-11e9-9cc3-b7550f9b4ad4.html Tuvalu: No current lottery. Source:
http://tuvalu-legislation.tv/cms/images/LEGISLATION/PRINCIPAL/1964/1964-0004/GamingandLotteries_1.pdf United Arab Emirates: Not Anonymous. Source:
https://www.ndtv.com/indians-abroad/shojith-ks-in-sharjah-uae-wins-abu-dhabi-duty-free-big-ticket-4-million-jackpot-rejects-calls-2032942 Vatican City: Anonymity appears to be an option. Source:
https://cruxnow.com/vatican/2018/12/04/popes-white-lamborghini-up-for-raffle-winner-gets-trip-to-rome/ Vietnam: Anonymity appears to be an option. Source:
https://ampe.vnexpress.net/news/news/vietnamese-farmer-identified-as-winner-of-4-million-lottery-jackpot-3484751.html Windward Lottery Countries (Dominica, Grenada, Saint Lucia, Saint Vincent and the Grenadines): Not Anonymous. "Prize winners asked to do so by Winlot must give their name and address, and satisfactory establish their identity. All winners of the Jackpot (Match 6) prize will be photographed. Note that Winlot and CBN reserve the right to publish the names, addresses and photographs of all the winners." Source:
http://www.stlucialotto.com/snl/super6_rules_regs.php Kingofearth23 to LotteryLaws [link] [comments] Singapore's gambling laws are scummy.
They're downright triggering.
submitted by Jambelli to singapore [link] [comments] Anonymity by State/Country: Comprehensive Guide.
Ever since i started playing regularly, i've researched anonymity in places. Here is what i have for each state plus a bunch of other countries. If anything is outdated or incorrect, please comment.
Go here for the most up to date version of the list:
https://www.reddit.com/LotteryLaws/comments/dikqrq/anonymity_by_statecountry_conprehensive_global/?utm_medium=android_app&utm_source=share Edits to this list may occur, but not as frequently as the one linked.
United States
Alabama: No current lottery. Source:
https://www.montgomeryadvertiser.com/story/news/2019/05/22/alabama-lottery-bill-dead-session-says-chairman/3772049002/ Alaska: No current lottery. Source:
https://statelaws.findlaw.com/alaska-law/alaska-state-lotteries-laws.html Arizona: 100% Anonymous for all wins of $100,000 and over. Source:
https://www.nbcnews.com/news/us-news/arizona-becomes-latest-state-shield-lottery-winners-names-n995696 Arkansas: Not Anonymous/other entities unclear. "Winner information is subject to disclosure under the Arkansas Freedom of Information Act (FOIA). A winner who receives a prize or prize payment from the ASL grants the ASL, its agents, officers, employees, and representatives the right to use, publish (in print or by means of the Internet) and reproduce the winner’s name, physical likeness, photograph, portraits, and statements made by the winner, and use audio sound clips and video or film footage of the winner for the purpose of press releases, advertising, and promoting the ASL". Source:
https://www.myarkansaslottery.com/claim-your-prize California: Not anonymous/only individuals can claim. “ The name and location of the retailer who sold you the winning ticket, the date you won and the amount of your winnings are also matters of public record and are subject to disclosure. You can form a trust prior to claiming your prize, but our regulations do not allow a trust to claim a prize. Understand that your name is still public and reportable”. Source:
https://static.www.calottery.com/~/media/Publications/Popular_Downloads/winners-handbook-October%202018-%20English.pdf Colorado: Not anonymous/anonymous via trust. “As part of the Open Records Act, we are required to release to the public your name, hometown, amount you won and the game you played. This information will be posted on coloradolottery.com and will be furnished to media upon request.” Source:
https://www.coloradolottery.com/en/games/lotto/claim-winnings/ Source:
https://denver.cbslocal.com/2016/01/15/in-colorado-and-other-states-lottery-winners-can-keep-names-secret/ Connecticut: Not Anonymous/Anonymous via a trust or LLC, "Certain information about our winners is public information: Winner's name and place of residence, date of claim, game played, prize amount won, and the selling retailer's name and location. While most winners claim prizes using their individual names, some winners come forward using other legal entities (i.e., trusts, business partnership) to claim their prizes. In those instances, the Lottery will promote the win using that legal entity's name. For more information about such instances, please consult your personal accountant or legal advisor.” Source:
https://www.ctlottery.org/Content/winner_publicity.aspx Delaware: 100% anonymous if requested by winner. "Many winners have chosen to remain anonymous, as allowed by state law, but their excitement is yours to share!" Source:
https://www.delottery.com/Winners and
https://www.delottery.com/FAQs DC: Not anonymous/Anonymous possible via a trust or LLC. Anonymous question is not directly answered on lottery website. "In the District of Columbia, specific lottery winner information is public record." However, a Powerball Jackpot win was claimed via a LLC in 2009. Source:
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/04/AR2009050402008.html Florida: Not anonymous. "Florida Lottery winners cannot remain anonymous. Florida law mandates that the Florida Lottery provide the winner's name, city of residence, game won, date won and amount won to any third party who requests the information; however Florida Lottery winners' home addresses and telephone numbers are confidential." The Florida Lottery allows trusts to claim it, however winner information is still released in compliance with the law. Source:
http://www.flalottery.com/faq Source:
https://www.fox13news.com/amp/consumehit-the-lottery-remain-anonymous-not-in-florida Georgia: 100% Anonymous if requested by winner. Lottery winners with prizes over $250,000 can keep their identity secret upon request. Source:
https://www.stl.news/georgia-governor-signs-bill-allowing-lottery-winners-remain-anonymous/121962/ Guam: Anonymity appears to be an option. Source:
https://www.kuam.com/story/11218413/guamanian-wins-big-in-sportsbingo-but-has-yet-to-claim-2m-prize Hawaii: No current lottery. Source:
https://www.kitv.com/story/40182224/powerball-or-mega-millions-lottery-in-hawaii Idaho: Not anonymous. Claimants or anonymity is not discussed on lottery website. But in 2005, the Idaho Lottery Commission denied Brad Dukes request to remain anonymous: "Idaho Lottery Commission officials had denied his request to remain anonymous, arguing that state law and the integrity of the lottery required that his name be made public to show he had no ties to lottery employees or vendors." Source:
http://www.nbcnews.com/id/8242862/ns/us_news-weird_news/t/million-not-enough-lottery-winne Illinois. 100% Anonymous if requested by winner. Source:
https://www.thetelegraph.com/news/article/Hidden-riches-Big-lottery-winner-in-Beardstown-13626173.php Indiana: Appears to be anonymous via a LLC. Anonymity or who can claim is not addressed on lottery website. But the "Powerball winner from February 22nd has chosen to remain anonymous after coming forward to claim their jackpot of $435.3 million. Indiana is one of the few states which allows players to remain private after a big win, and the lucky ticket holder has set up a limited liability corporation to receive their money." Source:
https://www.lottery.net/news/indiana-powerball-winner-claims-jackpot-anonymously Iowa: Not Anonymous. "When you win an Iowa Lottery prize of $600 or more, you have to fill out a winner claim form that includes your name, address and Social Security number before you can claim your winnings. Iowa law makes the information on that claim form public, meaning that anyone can request a copy of the form to see who has won the prize. We redact sensitive information, such as your Social Security number, from the form before we release it, but all other details are considered public information under Iowa law (Iowa Code Section 99G.34(5)." Source:
https://www.ialotteryblog.com/2008/11/can-prize-winne.html . For group play, "Prizes can be paid to players who play as a group. A check can be written to an entity such as a trust or to a single individual." Source:
https://ialottery.com/pages/Games/ClaimingPrizes.aspx Kansas: 100% Anonymous if requested by winner. Can choose to remain anonymous. "Kansas is one of a handful of states that does not have this requirement. If you win a prize in Kansas, you may request that your identity not be released publicly." Source:
https://www.kslottery.com/faqs#faq-8 Kentucky: Anonymity appears to be an option. Anonymity or who can claim is not addressed on lottery website. But multiple instances of winners claiming anonymously have been reported in the news. "Kentucky Lottery spokesman Chip Polson said the $1 million Powerball winner claimed the prize on May 15 and the Mega Million winner claimed the prize on May 12. He confirmed that both players wanted their identity to remain a secret." Source:
https://www.courier-journal.com/story/news/local/2017/05/19/two-1-million-lottery-winners-who-bought-tickets-louisville-want-privacy/101870414/ Louisiana: Not anonymous/other entities unclear. "Under the Lottery's statute, all prize payment records are open records, meaning that the public has a right to request the information. Depending upon the amount won and public or media interest in the win, winners may NOT be able to remain anonymous. The statute also allows the Lottery to use winners' names and city of residence for publicity purposes such as news releases. The Lottery's regular practice is not to use winner information in paid advertising or product promotion without the winner's willingness to participate. Source:
https://louisianalottery.com/faq/easy-5#35 Maine: Unclear. Anonymity or who can claim is not addressed on lottery website. But lottery winner in 2012 was given a 5 day anonymous period. Source:
https://www.pressherald.com/2012/09/28/lottery-winner-comes-forward-to-claim-prize_2012-09-29/ Maryland: 100% Anonymous if requested by winner. “Can a winner remain anonymous. "Yes, you can. When we meet with winners who claim prizes at our Baltimore office, we encourage them to embrace the moment and celebrate by posing for a photo that we can publish. However, anyone who wins a prize on a Maryland Lottery draw game ticket or scratch-off ticket has the right to remain anonymous. We do not release any such winner's name or photo unless the winner has specifically given us written consent to do so. Source:
https://www.mdlottery.com/about-us/faqs/ Massachusetts: Not anonymous/anonymous via trust "Lottery regulations state that a claimant's name, city or town, image, amount of prize, claim date and game are public record. Therefore, photographs may be taken and used to publicize winnings." Source:
https://www.masslive.com/news/2018/05/lottery_sees_increase_in_winne.html Michigan: Anonymous claiming for state games only, Not Anonymous for Powerball and Mega Millions. "Winner Anonymity. Michigan law requires written consent before disclosing the identity of the winner of $10,000 or more from the State lottery games Lotto47 and Fantasy 5. You further understand and agree that your identity may be disclosed, and that disclosure may be required, as the winner of any prize from the multi-state games Powerball and Mega Millions." Source:
https://www.michiganlottery.com/games/mega-millions Minnesota: Not anonymous. Anonymity or who can claim is not addressed on lottery website but lottery blog states "In Minnesota, lottery winners cannot remain anonymous. A winner's name, city, prize amount won and the place that the winning ticket was sold is public data and will be released to media and posted on our website." Source:
https://www.mnlottery.com/blog/you-won-now-what Mississippi: UncleaPending lottery. Bill approved to create a lottery in 2018. The new lottery corporation has drafted policies on release of records, but has not addressed winner anonymity. Source:
https://www.wapt.com/article/mississippi-lottery-when-will-we-be-able-to-play/26449292 Source:
http://m.jacksonfreepress.com/news/2019/ap16/mississippi-lottery-board-adopts-rules-ethics-and-/ Missouri: Not anonymous. "At the Lottery Headquarters, a member of the Lottery's communications staff will ask you questions about your win, such as how many tickets you bought, when you found out that you won and what you plan to do with your prize money. This information will be used for a news release. You will also be asked, but are not required, to participate in a news conference, most likely at the store where you purchased your winning ticket." Source:
http://www.molottery.com/whenyouwin/jackpotwin.shtm Montana: Not anonymous/anonymous via trust. A trust appears to protect anonymity. "In Montana, by law, certain information about lottery winners is considered public. That information includes: the winner's name, the amount won and the winner's community of residence. Winners may choose to claim as an individual or they may choose to form a trust and claim their prize as a trust. If a trust claims a lottery prize, the name of the trust is considered public information. A trust must have a federal tax identification number in order to claim a Montana Lottery prize." Source:
https://www.montanalottery.com/en/view/about-faqs Nebraska: Not anonymous/anonymous via LLC. Anonymity or who can claim is not addressed on lottery website but a winner created a legal entity to claim anonymously in 2014. "Nebraska Lottery spokesman Neil Watson said with the help of a Kearney lawyer, the winner or winners have created a legal entity called Carpe Diem LLC." Source:
https://journalstar.com/news/state-and-regional/nebraska/m-nebraska-powerball-winner-to-remain-anonymous/article_a044d0f0-99a7-5302-bcb9-2ce799b3a798.html Nevada: No current lottery. Source:
https://www.reviewjournal.com/business/casinos-gaming/heres-why-you-cant-play-powerball-in-nevada/ New Hampshire: Not anonymous/anonymous via a trust. Anonymity or who can claim is not addressed on lottery website but a winner successfully sued the lottery and won the right to remain anonymous in 2018. Source:
https://www.washingtonpost.com/news/post-nation/wp/2018/03/12/winner-of-a-560-million-powerball-jackpot-can-keep-the-money-and-her-secret-judge-rules/?noredirect=on&utm_term=.bec2db2f7d2c New Jersey: Not anonymous/other entities unclear. Source:
https://www.northjersey.com/story/news/new-jersey/2018/10/11/nj-lottery-can-claim-jackpot-anonymously-mega-millions-powerball/1566044002/ Source:
https://www.state.nj.us/lottery/about/faq/faq-disclosure.htm New Mexico: Not anonymous. “Winners of $10,000 or more will have name, city, game played, and prize amount and photo on website.” May seek anonymity if they have specific security concerns (rarely granted). Source:
https://www.nmlottery.com/uploads/FileLinks/82400d81a0ce468daab29ebe6db3ec27/Winner_Publicity_Policy_6_1_07.pdf New York: Not anonymous/anonymous via a LLC. Anonymity or who can claim is not addressed on lottery website but per Gov. Cuomo: "For the past 40 years, individuals wishing to keep their name and information out of the public view have created LLCs to collect their winnings for them." Gov. Coumo vetoed lottery anonymity bill. Source:
https://nypost.com/2018/12/09/cuomo-vetoes-bill-allowing-lotto-winners-to-remain-anonymous/ North Carolina: Not Anonymous. "North Carolina law allows lottery winners' identity to remain confidential only if they have an active protective order against someone or participate in the state's "Address Confidentiality Program" for victims of domestic violence, sexual offense, stalking or human trafficking." Source:
https://www.charlotteobserver.com/news/local/article54548645.html North Dakota: 100% Anonymous if requested by winner. Winners have the option to release their information or to remain anonymous. Source:
https://www.lottery.nd.gov/public/winners/ Northern Mariana Islands: 100% Anonymous if requested by the winner. Source:
https://www.nmsalottery.com/game-rules/ Ohio: Not anonymous/trust option for anonymity. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option. "The procedure from there was a little cumbersome. I needed to create two separate trusts. One trust was to appoint me, as the trustee on behalf of the winner, to contact the Lottery Commission and accept the Lottery winnings. The secondary trust was set up for me as trustee of the first trust, to transfer the proceeds to the second trust with the winner as the beneficiary. This enabled me to present the ticket, accept the proceeds, and transfer it to the winner with no public record or disclosure." Source:
https://www.altickcorwin.com/Articles/How-To-Claim-Lottery-Winnings-Anonymously.shtml Oklahoma: Not Anonymous/Anonymous via trust. In accordance with the Oklahoma Open Records Act and the Oklahoma Education Lottery Act, the name of any individual, corporation, partnership, unincorporated association, limited liability company, or other legal entity, and their city of residence will be made public. Source:
https://www.lottery.ok.gov/playersclub/faq.asp Source:
https://oklahoman.com/article/5596678/lottery-winners-deserve-some-anonymity Oregon: Not anonymous. "No. 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. Oregon citizens have a right to know that Lottery prizes are indeed being awarded to real persons. " Source:
https://oregonlottery.org/about/public-interaction/commission-directofrequently-asked-questions May seek anonymity if they have specific security concerns (rarely granted) Source:
https://www.dailymail.co.uk/news/article-3353432/Man-living-Iraq-wins-6-4-million-Oregon-jackpot.html Pennsylvania: Not anonymous/anonymous by trust. Source:
https://lancasteronline.com/news/local/trust-that-won-powerball-no-relation-to-manheim-township-emerald/article_29834922-4ca2-11e8-baac-1b15a17f3e9c.html Puerto Rico: 100% Anonymous if requested by the winner. Source:
https://www.nbcnews.com/news/latino/puerto-rico-powerball-winner-claims-prize-chooses-stay-anonymous-n309121 Rhode Island: Not anonymous/Anonymous if requested but all info is subject to FOIA. "While the Lottery will do everything possible to keep a winner's information private if requested by the winner, in Rhode Island and most other states, this information falls under the Freedom of Information Act, and a winner's name and city or town of residency must be released upon request." Source:
https://www.rilot.com/en-us/player-zone/faqs.html South Carolina: 100% Anonymous if requested by winner. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option based on prior winners. Source:
https://myfox8.com/2019/03/15/the-anonymous-south-carolina-winner-of-the-largest-lottery-jackpot-is-donating-part-of-it-to-alabama-tornado-victims/ South Dakota: Not Anonymous for online games. "You can remain anonymous on any amount won from a scratch ticket game. Jackpots for online games are required to be public knowledge. Play It Again winners are also public knowledge." Source:
https://lottery.sd.gov/FAQ2018/gamefaq.aspx .
Tennessee: Not anonymous/Can use a trust but info subject to open records act. Anonymity is explicitly noted as not being allowed on the official lottery website. Source:
https://www.tnlottery.com/faq/i-won However if it claimed via a trust then the lottery will not give out your information unless requested to do so. "The TN lottery says: "When claiming a Lottery prize through a Trust, the TN Lottery would need identity documentation for the grantor and all ultimate beneficiaries. Once we are in possession of these documents and information, records are generated. If a formal request is made by a citizen of Tennessee, the Trust beneficiary's name, city and state must be made available under the Tennessee Open Records Act." Source:
https://www.avvo.com/legal-answers/in-tennessee--can-a-lottery-jackpot-be-claimed-whi-2327592.html Texas: Anonymous for $1 million or more. The 85th regular legislative session enacted HB 59 authorizing certain prize winners who win lottery prizes in the amount of $1 million or more to choose to remain anonymous. Source:
https://www.txlottery.org/export/sites/lottery/Documents/retailers/FAQ_Winner_Anonymity_12112017_final.pdf Utah: No current lottery. Source:
https://www.lotterycritic.com/lottery-results/utah/ Vermont: Not anonymous/anonymity via trust. “The name, town and prize amount on your Claim Form is public information. If you put your name on the Claim Form, your name becomes public information. If you claim your prize in a trust, the name of the trust is placed on the Claim Form, and the name of the trust is public information.” Source:
https://vtlottery.com/about/faq Virginia: Anonymous for over $10 million. "A new law passed by the Virginia General Assembly and signed by the Governor prohibits the Virginia Lottery from disclosing information about big jackpot winners." Governor Ralph Northam signed the bill into law on February 27. "When the bill goes into effect this summer, the Virginia Lottery will not be allowed to release certain information about winners whose prize exceeds $10 million, unless the winner wants to be known." Source:
https://www.13newsnow.com/article/news/local/virginia/new-virginia-law-allows-certain-lottery-winners-to-keep-identity-private/291-c33ea642-e8fa-45fd-b3a4-dc693cf5b372 US Virgin Islands: Anonymity appears to be an option. A $2 Million Powerball winner was allowed to remain anonymous. Source:
https://viconsortium.com/virgin-islands-2/st-croix-resident-wins-2-million-in-latest-power-ball-drawing/ .
Washington: Not Anonymous. "As a public agency, all documents held by Washington's Lottery are subject to the Public Records Act. Lottery prizes may be claimed in the name of a legally formed entity, such as a trust. However, in the event of a public records request, the documents forming the artificial entity may be released, thereby revealing the individual names of winners."
https://www.walottery.com/ClaimYourPrize/ West Virginia: Anonymous for prizes over $1 million and 5% of winnings remittance. "Effective January 1, 2019, House Bill 2982 allows winners of State Lottery draw games to remain anonymous in regards to his or her name, personal contact information, and likeness; providing that the prize exceeds one million dollars and the individual who elects to remain anonymous remits five percent of his or her winnings to the State Lottery Fund." Source:
https://wvlottery.com/customer-service/customer-resources/ Wisconsin: Not anonymous/cannot be claimed by other entities. "The original winning ticket must be signed by a single human being. For-profit and non-profit entities, trusts, and other non-human beings are not eligible to play or claim a prize." Source:
https://wilottery.com/claimprize.aspx Two Republican lawmakers have introduced a bill that would allow lottery winners in Wisconsin to remain anonymous. Source:
https://fox6now.com/2019/04/23/gop-bill-would-allow-wisconsin-lottery-winners-to-remain-anonymous/ Wyoming: 100% Anonymous if requested by the winner. "We will honor requests for anonymity from winners. However, we certainly hope winners will allow us to share their names and good news with other players." Source:
https://wyolotto.com/lottery/faq/ Other countries
Australia: 100% Anonymous if requested by winner. "The great thing about playing lotto in Australia is that winners can choose to remain anonymous and keep their privacy, unlike in the United States where winners don't have such a choice, and are often thrown into a media circus." Source:
https://www.ozlotteries.com/blog/how-to-remain-anonymous-when-you-win-lotto/ Bahamas: No current lottery. Source:
https://thenassauguardian.com/2013/01/29/strong-no-vote-trend-so-far-in-gaming-referendum/ Barbados: Not Anonymous. "No. Barbados Lottery winners cannot remain anonymous. The Barbados Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Barbados Lottery winners' home addresses and telephone numbers are confidential." Source:
https://www.mybarbadoslottery.com/faqs Brazil: Anonymity appears to be an option. Source:
https://brazilian.report/society/2018/01/08/brazil-lottery-statistical-aberration/ Canada: Not Anonymous. Every provincial lottery corporation in Canada requires winners to participate in a publicity photo shoot showing their face, their name and their municipality. May seek anonymity if they have specific security concerns (rarely granted). Source:
https://consumers.findlaw.ca/article/can-lottery-winners-remain-anonymous/ Carribbean Lottery Countries (Antigua/Barbuda, Anguilla, St. Kitts/Nevis, St. Maarten/Saba/St. Eustatius, and Turks & Caicos): Not Anonymous. Source:
https://www.thecaribbeanlottery.com/faqs Caymen Islands: No current lottery. Source:
https://calvinayre.com/2018/11/02/business/cayman-islands-move-illegal-gambling-doesnt-address-real-issue/ China: 100% Anonymity if requested by the winner. Must appear in a press conference and photo but allowed to wear disguise. Source:
https://www.usatoday.com/story/news/world/2015/01/22/china-lottery-winners-mask/22108515/ EuroMillions Countries (Austria, Belgium, France, Ireland, Luxembourg, Portugal, Spain, Switzerland, and UK): 100% Anonymous if requested by the winner. All EuroMillions prize winners have the option to officially remain anonymous when claiming their prize. Source:
http://www.euromillions.co/faqs EuroJackpot Countries (Croatia, Czechia, Denmark, Estonia, Finland, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands, Norway, Poland, Slovakia, Slovenia, Spain, Sweden): 100% Anonymous if requested by the winner. Source:
https://www.euro-jackpot.net/en/publicity Fiji: Anonymity appears to be an option. Source:
https://fijisun.com.fj/2012/11/08/3m-lotto-win-here/ Israel: Not Anonymous by law/Anonymous in practice. Source:
https://www.timesofisrael.com/why-the-israeli-lottery-gives-winners-masks/ Jamaica: Not anonymous. First initial and last name of winner was released but winner was allowed to wear a mask for photo. Source:
https://news.e-servicis.com/news/trending/lottery-winner-takes-prize-in-scream-mask.1S/ Japan: 100% Anonymous if requested by the winner. Source:
https://www.japantimes.co.jp/news/2017/09/08/business/japans-lottery-rakes-declining-revenues-younger-generation-gives-jackpot-chances-pass/#.XRYwVVMpCdM Malaysia: 100% Anonymous if requested by the winner. Source:
https://says.com/my/news/a-24-year-old-malaysian-woman-just-won-more-than-rm4-million-from-4d-lottery New Zealand: 100% Anonymous if requested by winner. Source:
https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10383080 North Korea: Not Anonymous. Source:
https://www.nknews.org/2018/11/north-korean-sports-ministry-launches-online-lottery/ Philippines: 100% Anonymous if requested by the winner. Source:
https://www.rappler.com/nation/214995-ultra-lotto-winners-claim-winnings-pcso-october-2018 Samoa: Not Anonymous. Source:
https://www.rnz.co.nz/international/pacific-news/191796/samoa%27s-lotto-winner-still-a-mystery Singapore: Anonymity appears to be an option. Source:
https://www.straitstimes.com/singapore/did-you-win-here-are-results-of-136m-toto-hongbao-draw South Africa: 100% Anonymous if requested by the winner. Source:
https://www.thesouthafrican.com/powerball-results/powerball-winner-r232-million-found-lottery-details/ South Korea: 100% Anonymous if requested by the winner. Source:
https://elaw.klri.re.keng_mobile/viewer.do?hseq=38378&type=sogan&key=5 Taiwan: 100% Anonymous if requested by the winner. Source:
http://m.focustaiwan.tw/news/asoc/201806250011.aspx Trinidad and Tobago: Anonymity appears to be an option. Source:
https://trinidadexpress.com/news/local/student-wins-the-million-lotto/article_3f3c8550-570d-11e9-9cc3-b7550f9b4ad4.html Vatican City: Anonymity appears to be an option. Source:
https://cruxnow.com/vatican/2018/12/04/popes-white-lamborghini-up-for-raffle-winner-gets-trip-to-rome/ Vietnam: Anonymity appears to be an option. Source:
https://ampe.vnexpress.net/news/news/vietnamese-farmer-identified-as-winner-of-4-million-lottery-jackpot-3484751.html Kingofearth23 to ifiwonthelottery [link] [comments] Anonymity by State/Country: Comprehensive Guide.
Ever since i started playing regularly, i've researched anonymity in places. Here is what i have for each state plus a bunch of other countries. If anything is outdated or incorrect, please comment.
Go here for the most up to date version of the list:
https://www.reddit.com/LotteryLaws/comments/ijhl27/anonymity_by_statecountry_comprehensive_global/?utm_medium=android_app&utm_source=share Edits to this list may occur, but not as frequently as the one linked.
United States
Alabama: No current lottery. Source:
https://www.wtvy.com/content/news/Lottery-bill-other-legislation-is-likely-dead-in-Alabama-legislature-569059451.html Alaska: No current lottery/Not Anonymous. "Unlike most other states, Alaska doesn’t have a state-sponsored lottery." Source:
https://www.lotterycritic.com/lottery-results/alaska/ Alaska does permit charities to run lotteries, the largest one is Not Anonymous. Source:
http://www.lottoalaska.com/ Alaska's governor has proposed a bill to create an official Alaska State Lottery. Source:
https://apnews.com/78cacca5137f6b47e41be2de37600044 American Samoa: No current lottery. Source:
https://simonsblogpark.com/onlinegambling/simons-guide-to-gambling-in-american-samoa/amp/ Arizona: 100% Anonymous if requested by the winner for all wins of $100,000 and over. Source:
https://www.nbcnews.com/news/us-news/arizona-becomes-latest-state-shield-lottery-winners-names-n995696 Arkansas: Not Anonymous/Other entities unclear. "Winner information is subject to disclosure under the Arkansas Freedom of Information Act (FOIA). A winner who receives a prize or prize payment from the ASL grants the ASL, its agents, officers, employees, and representatives the right to use, publish (in print or by means of the Internet) and reproduce the winner’s name, physical likeness, photograph, portraits, and statements made by the winner, and use audio sound clips and video or film footage of the winner for the purpose of press releases, advertising, and promoting the ASL". Source:
https://www.myarkansaslottery.com/claim-your-prize California: Not Anonymous/Only individuals can claim. “ The name and location of the retailer who sold you the winning ticket, the date you won and the amount of your winnings are also matters of public record and are subject to disclosure. You can form a trust prior to claiming your prize, but our regulations do not allow a trust to claim a prize. Understand that your name is still public and reportable”. Source:
https://static.www.calottery.com/~/media/Publications/Popular_Downloads/winners-handbook-October%202018-%20English.pdf Colorado: Not Anonymous/Anonymous via trust. “As part of the Open Records Act, we are required to release to the public your name, hometown, amount you won and the game you played. This information will be posted on coloradolottery.com and will be furnished to media upon request.” Source:
https://www.coloradolottery.com/en/games/lotto/claim-winnings/ Source:
https://denver.cbslocal.com/2016/01/15/in-colorado-and-other-states-lottery-winners-can-keep-names-secret/ Connecticut: Not Anonymous/Anonymous via a trust or LLC, "Certain information about our winners is public information: Winner's name and place of residence, date of claim, game played, prize amount won, and the selling retailer's name and location. While most winners claim prizes using their individual names, some winners come forward using other legal entities (i.e., trusts, business partnership) to claim their prizes. In those instances, the Lottery will promote the win using that legal entity's name. For more information about such instances, please consult your personal accountant or legal advisor.” Source:
https://www.ctlottery.org/Content/winner_publicity.aspx Delaware: 100% Anonymous if requested by winner. "Many winners have chosen to remain anonymous, as allowed by state law, but their excitement is yours to share!" Source:
https://www.delottery.com/Winners and
https://www.delottery.com/FAQs DC: Not Anonymous/Anonymous via a trust or LLC. Anonymous question is not directly answered on lottery website. "In the District of Columbia, specific lottery winner information is public record." However, a Powerball Jackpot win was claimed via a LLC in 2009. Source:
http://www.washingtonpost.com/wp-dyn/content/article/2009/05/04/AR2009050402008.html Florida: Not Anonymous/Anonymous via LLC. "Florida Lottery winners cannot remain anonymous. Florida law mandates that the Florida Lottery provide the winner's name, city of residence, game won, date won and amount won to any third party who requests the information; however Florida Lottery winners' home addresses and telephone numbers are confidential." Source:
http://www.flalottery.com/faq The Florida Lottery allows trusts to claim it, however winner information is still released in compliance with the law. A $15 Million jackpot was claimed by an LLC. Source:
https://www.fox13news.com/amp/consumehit-the-lottery-remain-anonymous-not-in-florida Source:
http://flalottery.com/pressRelease?searchID=199128 Georgia: 100% Anonymous if requested by the winner for all prizes over $250,000. Source:
https://www.stl.news/georgia-governor-signs-bill-allowing-lottery-winners-remain-anonymous/121962/ Guam: Anonymity appears to be an option. Source:
https://www.kuam.com/story/11218413/guamanian-wins-big-in-sportsbingo-but-has-yet-to-claim-2m-prize Hawaii: No current lottery. Source:
https://www.kitv.com/story/40182224/powerball-or-mega-millions-lottery-in-hawaii Idaho: Not Anonymous."By claiming a winning lottery ticket over $600, winners become subject to Idaho’s Public Records Law. This means your “win” becomes an offcial Idaho public record. Your full name, the town where you live, the game you won, the amount you won (before and after taxes), the name of the retailer where you bought the ticket, and the amount the retailer receives for selling the ticket are all a matter of public record." Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.idaholottery.com/images/uploads/general/winnersguideweb.pdf Illinois: Not Anonymous/Anonymous if requested by winner for all wins over $250,000 however info will be released to a FOIA request. "However, Murphy also cooperated with the Illinois Press Association in adding an amendment that ensures that Freedom of Information Act, an act designed to keep government agencies transparent by allowing the public to access any public record by request, supersedes the privacy law, according to attorney Don Craven, the press association’s legal counsel." Source:
https://www.thetelegraph.com/news/article/Hidden-riches-Big-lottery-winner-in-Beardstown-13626173.php Indiana: Not Anonymous/Anonymous via LLC or trust. "Indiana law allows lottery jackpot winners to remain anonymous, with the money being claimed by a limited liability company or legal trust." Source:
https://www.chicagotribune.com/nation-world/ct-indiana-mega-millions-winners-20160729-story.html Iowa: Not Anonymous/Can use a trust to claim but information will be released. "When you win an Iowa Lottery prize of $600 or more, you have to fill out a winner claim form that includes your name, address and Social Security number before you can claim your winnings. Iowa law makes the information on that claim form public, meaning that anyone can request a copy of the form to see who has won the prize. We redact sensitive information, such as your Social Security number, from the form before we release it, but all other details are considered public information under Iowa law (Iowa Code Section 99G.34(5)." Source:
https://www.ialotteryblog.com/2008/11/can-prize-winne.html .
For group play, "Prizes can be paid to players who play as a group. A check can be written to an entity such as a trust or to a single individual." Source:
https://ialottery.com/pages/Games/ClaimingPrizes.aspx Kansas: 100% Anonymous if requested by the winner. "Kansas is one of a handful of states that does not have this requirement. If you win a prize in Kansas, you may request that your identity not be released publicly." Source:
https://www.kslottery.com/faqs#faq-8 Kentucky: Anonymity appears to be an option. Anonymity or who can claim is not addressed on lottery website. But multiple instances of winners claiming anonymously have been reported in the news. "Kentucky Lottery spokesman Chip Polson said the $1 million Powerball winner claimed the prize on May 15 and the Mega Million winner claimed the prize on May 12. He confirmed that both players wanted their identity to remain a secret." Source:
https://www.courier-journal.com/story/news/local/2017/05/19/two-1-million-lottery-winners-who-bought-tickets-louisville-want-privacy/101870414/ Louisiana: Not Anonymous/Anonymous via trust. "Under the Lottery's statute, all prize payment records are open records, meaning that the public has a right to request the information. Depending upon the amount won and public or media interest in the win, winners may NOT be able to remain anonymous. The statute also allows the Lottery to use winners' names and city of residence for publicity purposes such as news releases. The Lottery's regular practice is not to use winner information in paid advertising or product promotion without the winner's willingness to participate. Source:
https://louisianalottery.com/faq/easy-5#35 Source:
https://louisianalottery.com/article/1050/the-williams-trust-claims-share-of-50-million-powerball-jackpot Maine: Not Anonymous/Anonymous via trust. "In the event that Maine does have a Mega Millions winner, he or she can opt to remain anonymous — but Boardman says that’s never happened. “What a winner could do in Maine is they could file their claim in the name of a trust, and the trust becomes the winner. So that’s how a winner could claim their ticket anonymously,” he says." Source:
https://www.mainepublic.org/post/lottery-official-reminds-mainers-they-re-exceedingly-unlikely-win-16-billion-jackpot Maryland*: Not Anonymous by Law, Anonymous in Practice. "However, the legal basis for this anonymity in Maryland is thin. The Maryland Lottery does not advertise that lottery winners may remain anonymous, but it posts articles on its website about winners and notes those winners who have “chosen to remain anonymous:” Source:
https://www.gw-law.com/blog/anonymity-maryland-lottery-winners *"Please note that this anonymity protection does not apply to second-chance and Points for Drawings contests run through the My Lottery Rewards program. Those contests are run as promotions for the Lottery. As such, they are operated under a different set of rules than our draw games and scratch-off games. The rules of participating in our second-chance and Points for Drawings contests state that winners' identities are published."" Source:
https://www.mdlottery.com/about-us/faqs/ Massachusetts: Not Anonymous/Anonymous via trust "Lottery regulations state that a claimant's name, city or town, image, amount of prize, claim date and game are public record. Therefore, photographs may be taken and used to publicize winnings." Source:
https://www.masslive.com/news/2018/05/lottery_sees_increase_in_winne.html Michigan: Not Anonymous for Powerball and Mega Millions/100% Anonymous if requested by the winner for all other winners over $10,000. "Winner Anonymity. Michigan law requires written consent before disclosing the identity of the winner of $10,000 or more from the State lottery games Lotto47 and Fantasy 5. You further understand and agree that your identity may be disclosed, and that disclosure may be required, as the winner of any prize from the multi-state games Powerball and Mega Millions." Source:
https://www.michiganlottery.com/games/mega-millions Minnesota: Not Anonymous. Anonymity or who can claim is not addressed on lottery website but lottery blog states "In Minnesota, lottery winners cannot remain anonymous. A winner's name, city, prize amount won and the place that the winning ticket was sold is public data and will be released to media and posted on our website." Source:
https://www.mnlottery.com/blog/you-won-now-what Mississippi: 100% Anonymous if requested by the winner. "In accordance with the Alyce G. Clarke Mississippi Lottery Law, the Mississippi Lottery will not disclose the identity of the person holding a winning lottery ticket without that person's written permission." Source:
https://www.mslotteryhome.com/players/faqs/ Missouri: Not Anonymous. "At the Lottery Headquarters, a member of the Lottery's communications staff will ask you questions about your win, such as how many tickets you bought, when you found out that you won and what you plan to do with your prize money. This information will be used for a news release. You will also be asked, but are not required, to participate in a news conference, most likely at the store where you purchased your winning ticket." Source:
http://www.molottery.com/whenyouwin/jackpotwin.shtm A Missouri State Legislator has submitted a bill to the State House to give lottery winners anonymity. Source:
https://www.kfvs12.com/2020/02/25/mo-house-considers-legislation-protect-identity-lottery-winners/ Montana: Not Anonymous/Anonymous via trust. "In Montana, by law, certain information about lottery winners is considered public. That information includes: the winner's name, the amount won and the winner's community of residence. Winners may choose to claim as an individual or they may choose to form a trust and claim their prize as a trust. If a trust claims a lottery prize, the name of the trust is considered public information. A trust must have a federal tax identification number in order to claim a Montana Lottery prize." Source:
https://www.montanalottery.com/en/view/about-faqs Nebraska: Not Anonymous/Anonymous via LLC. Anonymity or who can claim is not addressed on lottery website but a winner created a legal entity to claim anonymously in 2014. "Nebraska Lottery spokesman Neil Watson said with the help of a Kearney lawyer, the winner or winners have created a legal entity called Carpe Diem LLC." Source:
https://journalstar.com/news/state-and-regional/nebraska/m-nebraska-powerball-winner-to-remain-anonymous/article_a044d0f0-99a7-5302-bcb9-2ce799b3a798.html A Nebraska State Legislator has now filed a bill to give 100% Anonymity to all winners over $300,000 who request it. Source:
https://journalstar.com/news/state-and-regional/nebraska/anonymity-for-lottery-winners-bill-would-give-privacy-to-those/article_1cdba44d-c8bb-5971-b73f-2eecc8cd4625.html Nevada: No current lottery. Source:
https://www.reviewjournal.com/business/casinos-gaming/heres-why-you-cant-play-powerball-in-nevada/ New Hampshire: Not Anonymous/Anonymous via a trust. Anonymity or who can claim is not addressed on lottery website but a winner successfully sued the lottery and won the right to remain anonymous in 2018. Source:
https://www.washingtonpost.com/news/post-nation/wp/2018/03/12/winner-of-a-560-million-powerball-jackpot-can-keep-the-money-and-her-secret-judge-rules/?noredirect=on&utm_term=.bec2db2f7d2c New Jersey: 100% Anonymous if requested by the winner. Source:
https://www.nj.com/politics/2020/01/win-big-you-can-claim-those-nj-lottery-winnings-anonymously-under-new-law.html New Mexico: Not Anonymous. “Winners of $10,000 or more will have name, city, game played, and prize amount and photo on website.” Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.nmlottery.com/uploads/FileLinks/82400d81a0ce468daab29ebe6db3ec27/Winner_Publicity_Policy_6_1_07.pdf New York: Not Anonymous/Anonymous via a LLC. Anonymity or who can claim is not addressed on lottery website but per Gov. Cuomo: "For the past 40 years, individuals wishing to keep their name and information out of the public view have created LLCs to collect their winnings for them." Source:
https://nypost.com/2018/12/09/cuomo-vetoes-bill-allowing-lotto-winners-to-remain-anonymous/ North Carolina: Not Anonymous. "North Carolina law allows lottery winners' identity to remain confidential only if they have an active protective order against someone or participate in the state's "Address Confidentiality Program" for victims of domestic violence, sexual offense, stalking or human trafficking." Source:
https://www.charlotteobserver.com/news/local/article54548645.html North Dakota: 100% Anonymous if requested by the winner. Source:
https://www.kfyrtv.com/home/headlines/ND-Powerball-Winners-Have-Option-to-Remain-Anonymous-364918121.html Northern Mariana Islands: 100% Anonymous if requested by the winner. Source:
https://www.nmsalottery.com/game-rules/ Ohio: Not Anonymous/Anonymous via trust. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option. "The procedure from there was a little cumbersome. I needed to create two separate trusts. One trust was to appoint me, as the trustee on behalf of the winner, to contact the Lottery Commission and accept the Lottery winnings. The secondary trust was set up for me as trustee of the first trust, to transfer the proceeds to the second trust with the winner as the beneficiary. This enabled me to present the ticket, accept the proceeds, and transfer it to the winner with no public record or disclosure." Source:
https://www.altickcorwin.com/Articles/How-To-Claim-Lottery-Winnings-Anonymously.shtml Oklahoma: Not Anonymous/Anonymous via trust or LLC. In accordance with the Oklahoma Open Records Act and the Oklahoma Education Lottery Act, the name of any individual, corporation, partnership, unincorporated association, limited liability company, or other legal entity, and their city of residence will be made public. Source:
https://www.lottery.ok.gov/playersclub/faq.asp Source:
https://oklahoman.com/article/5596678/lottery-winners-deserve-some-anonymity Oregon: Not Anonymous. "No. 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. Oregon citizens have a right to know that Lottery prizes are indeed being awarded to real persons. " Source:
https://oregonlottery.org/about/public-interaction/commission-directofrequently-asked-questions Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://www.dailymail.co.uk/news/article-3353432/Man-living-Iraq-wins-6-4-million-Oregon-jackpot.html Pennsylvania: Not Anonymous/Anonymous via trust. Source:
https://lancasteronline.com/news/local/trust-that-won-powerball-no-relation-to-manheim-township-emerald/article_29834922-4ca2-11e8-baac-1b15a17f3e9c.html Puerto Rico: 100% Anonymous if requested by the winner. Source:
https://www.nbcnews.com/news/latino/puerto-rico-powerball-winner-claims-prize-chooses-stay-anonymous-n309121 Rhode Island: Not Anonymous/Anonymous if requested but all info is subject to FOIA. "While the Lottery will do everything possible to keep a winner's information private if requested by the winner, in Rhode Island and most other states, this information falls under the Freedom of Information Act, and a winner's name and city or town of residency must be released upon request." Source:
https://www.rilot.com/en-us/player-zone/faqs.html South Carolina: 100% Anonymous if requested by the winner. Anonymity or who can claim is not addressed on lottery website but appears to have an anonymous option based on prior winners. Source:
https://myfox8.com/2019/03/15/the-anonymous-south-carolina-winner-of-the-largest-lottery-jackpot-is-donating-part-of-it-to-alabama-tornado-victims/ South Dakota: Not Anonymous for draw games and online games/100% Anonymous for Scartchoffs if requested by the winner. "You can remain anonymous on any amount won from a scratch ticket game. Jackpots for online games are required to be public knowledge. Play It Again winners are also public knowledge." Source:
https://lottery.sd.gov/FAQ2018/gamefaq.aspx .
Tennessee: Not Anonymous/Can use a trust but info subject to open records act. Anonymity is explicitly noted as not being allowed on the official lottery website. Source:
https://www.tnlottery.com/faq/i-won However if it is claimed via a trust then the lottery will not give out your information unless requested to do so. "The TN lottery says: "When claiming a Lottery prize through a Trust, the TN Lottery would need identity documentation for the grantor and all ultimate beneficiaries. Once we are in possession of these documents and information, records are generated. If a formal request is made by a citizen of Tennessee, the Trust beneficiary's name, city and state must be made available under the Tennessee Open Records Act." Source:
https://www.avvo.com/legal-answers/in-tennessee--can-a-lottery-jackpot-be-claimed-whi-2327592.html Texas: 100% Anonymous if requested by the winner for $1 million or more IF the winner claims it as an individual AND chooses the Cash option. Not Anonymous if claimed by a trust or LLC or if the winner chooses the Annuity option. Source:
https://www.txlottery.org/export/sites/lottery/Documents/retailers/FAQ_Winner_Anonymity_12112017_final.pdf Utah: No current lottery. Source:
https://www.lotterycritic.com/lottery-results/utah/ Vermont: Not Anonymous/Anonymous via trust. “The name, town and prize amount on your Claim Form is public information. If you put your name on the Claim Form, your name becomes public information. If you claim your prize in a trust, the name of the trust is placed on the Claim Form, and the name of the trust is public information.” Source:
https://vtlottery.com/about/faq Virginia: 100% Anonymous if requested by the winner for prizes over $10 million. "A new law passed by the Virginia General Assembly and signed by the Governor prohibits the Virginia Lottery from disclosing information about big jackpot winners." "When the bill goes into effect this summer, the Virginia Lottery will not be allowed to release certain information about winners whose prize exceeds $10 million, unless the winner wants to be known." Source:
https://www.13newsnow.com/article/news/local/virginia/new-virginia-law-allows-certain-lottery-winners-to-keep-identity-private/291-c33ea642-e8fa-45fd-b3a4-dc693cf5b372 US Virgin Islands: Anonymity appears to be an option. A $2 Million Powerball winner was allowed to remain anonymous. Source:
https://viconsortium.com/virgin-islands-2/st-croix-resident-wins-2-million-in-latest-power-ball-drawing/ Washington: Not Anonymous/Can use a trust but info subject to open records act. "As a public agency, all documents held by Washington's Lottery are subject to the Public Records Act. Lottery prizes may be claimed in the name of a legally formed entity, such as a trust. However, in the event of a public records request, the documents forming the artificial entity may be released, thereby revealing the individual names of winners."
https://www.walottery.com/ClaimYourPrize/ West Virginia: 100% Anonymous if requested by the winner for prizes over $1 million and 5% of winnings remittance. "Effective January 1, 2019, House Bill 2982 allows winners of State Lottery draw games to remain anonymous in regards to his or her name, personal contact information, and likeness; providing that the prize exceeds one million dollars and the individual who elects to remain anonymous remits five percent of his or her winnings to the State Lottery Fund." Source:
https://wvlottery.com/customer-service/customer-resources/ Wisconsin: Not Anonymous/Cannot be claimed by other entities. "Pursuant to Wisconsin’s Open Records law (Wis. Stats. Secs. 19.31–19.39), the Lottery is required to disclose a winner’s name, likeness and place of residence. If you win and claim a prize, the Lottery may use your name, likeness and place of residence for any purpose without compensation to you.
Upon claiming your prize, you waive any claims against the Lottery and its representatives for any and all liability which may result from the disclosure or use of such information." "The original winning ticket must be signed by a single human being. For-profit and non-profit entities, trusts, and other non-human beings are not eligible to play or claim a prize." Source:
https://wilottery.com/claimprize.aspx Wyoming: 100% Anonymous if requested by the winner. "We will honor requests for anonymity from winners. However, we certainly hope winners will allow us to share their names and good news with other players." Source:
https://wyolotto.com/lottery/faq/ Other countries
Australia: 100% Anonymous if requested by winner. "The great thing about playing lotto in Australia is that winners can choose to remain anonymous and keep their privacy, unlike in the United States where winners don't have such a choice, and are often thrown into a media circus." Source:
https://www.ozlotteries.com/blog/how-to-remain-anonymous-when-you-win-lotto/ Bahamas: No current lottery. Source:
https://thenassauguardian.com/2013/01/29/strong-no-vote-trend-so-far-in-gaming-referendum/ Barbados: Not Anonymous. "No. Barbados Lottery winners cannot remain anonymous. The Barbados Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Barbados Lottery winners' home addresses and telephone numbers are confidential." Source:
https://www.mybarbadoslottery.com/faqs Brazil: 100% Anonymous if requested by the winner. Source:
https://www.lotterycritic.com/lottery-results/brazil-lottery/ Canada: Not Anonymous. Every provincial lottery corporation in Canada requires winners to participate in a publicity photo shoot showing their face, their name and their municipality. Can seek anonymity if you have specific security concerns (rarely granted). Source:
https://consumers.findlaw.ca/article/can-lottery-winners-remain-anonymous/ Carribbean Lottery Countries (Antigua/Barbuda, Anguilla, St. Kitts/Nevis, St. Maarten/Saba/St. Eustatius, and Turks/Caicos): Not Anonymous. "No. Caribbean Lottery winners cannot remain anonymous. The Caribbean Lottery mandates the winner’s name, address, game won, date won and amount won be provided; however Caribbean Lottery winners' home addresses and telephone numbers are confidential." Source:
https://www.thecaribbeanlottery.com/faqs China: 100% Anonymous if requested by the winner. Must appear in a press conference and photo but allowed to wear disguise. Source:
https://www.usatoday.com/story/news/world/2015/01/22/china-lottery-winners-mask/22108515/ Cuba: No current lottery. Source:
https://oncubanews.com/en/cuba/society-cuba/cuban-traditions/lottery-the-national-game-infographics/ EuroMillions Countries (Austria, Belgium, France, Ireland, Luxembourg, Portugal, Spain, Switzerland, and UK*): 100% Anonymous if requested by the winner. Source:
https://www.euro-millions.com/publicity *United Kingdom: Excludes
*Caymen Islands, and Falkland Islands: No current lottery. Source:
https://calvinayre.com/2018/11/02/business/cayman-islands-move-illegal-gambling-doesnt-address-real-issue/ Source:
https://simonsblogpark.com/onlinegambling/simons-guide-gambling-falkland-islands/amp/#lottery-falkland-islands *Anguilla, and Turks & Caicos: Not Anonymous. Source:
https://www.thecaribbeanlottery.com/faqs EuroJackpot Countries (Croatia, Czechia, Denmark, Estonia, Finland, Germany, Hungary, Iceland, Italy, Latvia, Lithuania, Netherlands*, Norway, Poland, Slovakia, Slovenia, Spain, and Sweden): 100% Anonymous if requested by the winner. Source:
https://www.euro-jackpot.net/en/publicity *Netherlands: Excludes
*St. Maarten, Saba, and St. Eustatius: Not Anonymous. Source:
https://www.thecaribbeanlottery.com/faqs Fiji: 100% Anonymous if requested by the winner. Source:
https://fijisun.com.fj/2012/11/08/3m-lotto-win-here/ Georgia (Kartvelia): Anonymity appears to be an option. "2.9.1. Prizes and Winners. Each Bidder shall provide details of:....how winners who waive their right to privacy will be treated;" Source:
https://mof.ge/images/File/lottery/tender-documentation.pdf Grenada: Not Anonymous. "It is important to note that the National Lotteries Authority reserves the right to publish the name, address and photograph of any prize winner and use the information in lottery promotional activities. For further information, winners can contact the National Lotteries Authority office in St. George’s or the sub office in St. Andrew’s." Source:
https://www.nla.gd/games/ Guyana: Not Anonymous. Source:
https://www.kaieteurnewsonline.com/2013/05/16/winner-says-he-was-too-busy-to-collect-78m-lotto-prize/ India*: Not Anonymous. Source:
https://www.bbc.com/news/world-asia-35771298 *: Only available in the states of Kerala, Goa, Maharashtra, Madhya Pradesh, Punjab, West Bengal, Assam, Arunachal Pradesh, Meghalaya, Manipur, Sikkim, Nagaland and Mizoram. Source:
https://www.indiatoday.in/india/story/lottery-mizoram-nagaland-sikkim-kerala-975188-2017-05-04 Indonesia: No current lottery. Source:
https://apnews.com/45eb94ff1b1132470a7aa5902f0bc734 Israel: Not Anonymous by Law, Anonymous in Practice. “[A]lthough we have this right, we have never exercised it because we understood the difficulties the winners could encounter in the period after their win. We provide details about the winner, but in a manner that doesn’t disclose their identity,” Dolin Melnik, then-spokesperson for Israel’s Mifal Hapayis lottery told Haaretz in 2009." Source:
https://www.timesofisrael.com/why-the-israeli-lottery-gives-winners-masks/ Jamaica: Not Anonymous. First initial and last name of winner was released but winner was allowed to wear a mask for photo. Source:
https://news.e-servicis.com/news/trending/lottery-winner-takes-prize-in-scream-mask.1S/ Japan: 100% Anonymous if requested by the winner. Source:
https://www.japantimes.co.jp/news/2017/09/08/business/japans-lottery-rakes-declining-revenues-younger-generation-gives-jackpot-chances-pass/#.XRYwVVMpCdM Kenya: Not Anonymous. "9.1 When You claim or are paid a prize, You will automatically be deemed to grant to O8 LOTTO an irrevocable right to publish, through all types of media broadcasting, including the internet, for the purposes of promoting the win, Your full name (as well as Your nick name), hometown, photograph and video materials without any claim for broadcasting, printing or other rights" Source:
https://mylottokenya.co.ke/terms-conditions Malaysia: 100% Anonymous if requested by the winner. Source:
https://says.com/my/news/a-24-year-old-malaysian-woman-just-won-more-than-rm4-million-from-4d-lottery Nagorno-Karabakh: Not Anonymous. Source:
http://asbarez.com/120737/artsakh-lottery-winner-claims-car-prize/ New Zealand: 100% Anonymous if requested by winner. Source:
https://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10383080 North Korea: Not Anonymous. Source:
https://www.nknews.org/2018/11/north-korean-sports-ministry-launches-online-lottery/ Oman: 100% Anonymous if requested by the winner. Source:
http://www.omanlottery.com/ Philippines: 100% Anonymous if requested by the winner. Source:
https://www.rappler.com/nation/214995-ultra-lotto-winners-claim-winnings-pcso-october-2018 Romania: Anonymity appears to be an option. Source:
https://www.thelotter.com/win-lottery-anonymously/ Russia: 100% Anonymous if requested by the winner. Source:
http://siberiantimes.com/otheothers/news/siberian-scoops-a-record-184513512-roubles-on-russian-state-lottery/ Samoa: Not Anonymous. Source:
https://www.rnz.co.nz/international/pacific-news/191796/samoa%27s-lotto-winner-still-a-mystery Saudi Arabia: No current lottery. Source:
https://www.arabnews.com/police-arrest-lottery-crooks-victimizing-expats Singapore: Anonymity appears to be an option. Source:
https://www.straitstimes.com/singapore/did-you-win-here-are-results-of-136m-toto-hongbao-draw Solomon Islands: No current lottery. Source:
http://www.paclii.org/sb/legis/consol_act/gala196/ South Africa: 100% Anonymous if requested by the winner. Source:
https://www.thesouthafrican.com/powerball-results/powerball-winner-r232-million-found-lottery-details/ South Korea: 100% Anonymous if requested by the winner. Source:
https://elaw.klri.re.keng_mobile/viewer.do?hseq=38378&type=sogan&key=5 Sri Lanka: Anonymity appears to be an option. Source:
http://www.thesundayleader.lk/2010/01/31/where-do-all-the-lottery-winners-go/ St Lucia: Not Anonymous."Prize winners asked to do so by SNL must give their name and address, and satisfactorily establish their identity. All winners of the Top prize (Match 4 plus 1) shall be photographed and must agree to take part in the advertising and public notification of the prize winning as a condition of delivery of their prize payment. Note that SNL and CBN reserve the right to publish the names, addresses and photographs of all the winners and to use video and audio footage or clippings in any promotional activity." Source:
http://www.stlucialotto.com/snl/powerplay_rules_regs.php Taiwan: 100% Anonymous if requested by the winner. Source:
http://m.focustaiwan.tw/news/asoc/201806250011.aspx Trinidad and Tobago: Anonymity appears to be an option. Source:
https://trinidadexpress.com/news/local/student-wins-the-million-lotto/article_3f3c8550-570d-11e9-9cc3-b7550f9b4ad4.html Tuvalu: No current lottery. Source:
http://tuvalu-legislation.tv/cms/images/LEGISLATION/PRINCIPAL/1964/1964-0004/GamingandLotteries_1.pdf United Arab Emirates: Not Anonymous. Source:
https://www.ndtv.com/indians-abroad/shojith-ks-in-sharjah-uae-wins-abu-dhabi-duty-free-big-ticket-4-million-jackpot-rejects-calls-2032942 Vatican City: Anonymity appears to be an option. Source:
https://cruxnow.com/vatican/2018/12/04/popes-white-lamborghini-up-for-raffle-winner-gets-trip-to-rome/ Vietnam: Anonymity appears to be an option. Source:
https://ampe.vnexpress.net/news/news/vietnamese-farmer-identified-as-winner-of-4-million-lottery-jackpot-3484751.html Kingofearth23 to Lottery [link] [comments] gambling winnings tax singapore video
The Highs and Lows: Gambling Winnings Tax. There is a huge disparity in the quantity of tax collected across legal gambling jurisdictions. In some countries, punters can expect to lose up to 10% of their winnings to the taxman, whereas in other countries this can be between 1-3%.The method of collection varies greatly too, in some countries gambling taxes are collected with stealth and being Tax On Gambling Winnings Singapore, slot machines used, i love roulette possibilities win, how to get free huuuge casino chips Best 3D Online Slot Tax On Gambling Winnings Singapore Machines Fruit Machine Slots Scatter Symbols in Slots Wild Symbols in Slot Tax On Gambling Winnings Singapore Machines Free Online Pokies Australia New Slot Games 2018 & 2019 Gambling Winnings Tax Singapore, radisson aruba resort casino & spa review, slotmania vip, eagle pass casino poker room Gambling Winnings Tax Singapore, casino acceptant les francais avec bonus sans depot, casino rama concert, jackpot village-505. Gamble Responsibly BeGambleAware.org. 10 no deposit free spins at Guts Casino. Scorching Slots Casino - Welcome Bonus SlotsMillion - Time to celebrate 200. Winnings from betting such as 4D, Toto, football, Singapore Sweep, horse racing, fruit machine (jackpot) and casino winnings, etc. in Singapore are not taxable as they are windfalls and not considered as an income. Gambling Winnings Tax Singapore, catarinense poker lages, gambling sites that give free money, casino ernakulam 18+ Gambling Winnings Tax Singapore | T&C Apply – To receive the welcome bonus a minimum deposit of £/€/$ 10 is required. The minimum deposit for other offers that require a deposit will be clearly communicated. Maximum bonus offered will be communicated in the details of each specific promo. Gambling Winnings Tax Singapore, slots gratis cleopatra ii, casino doubling strategy, video slot gratis senza scaricare treasure roulette-You're now leaving. This website uses cookies to ensure you get the best experience on our website. Learn more. Got it! €100. Gambling tax Australia does not apply to winnings whether they were made at an online casino or a land based one. Casino operators are expected to pay license fees as well as taxes on gambling. These taxation laws differ from state to state. Some states base gambling taxes on turnover, while others base it on net profit or player loss.
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AMAZING MAJOR JACKPOT on TARZAN slot machine in ... - YouTube
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. In this video, I will show the passive income sources that I use to generate more than $7,000 per month. I'll be honest, I'm not a big fan of the words "pass... He bet $35,000 on a single roulette spin and won. The reward? $3,500,000 pay out. Bill Benter is the most successful gambler you've never heard of. After being banned from Vegas for beating the house at Blackjack, he turned to Hong Kong w... Steve and Matt Bourie, from the American Casino Guide, discuss how to be a long-term winner on slot machines. They explain how most people will have to expec... We are report this week's gambling news from the Las Vegas Strip, including stories from PartyPoker (01:16), DraftKings (01:50), and how slot winnings could be taxed (02:11). Plus interview the ... BIGGEST RIO DREAMS JACKPOT in YouTube history!!!! While playing Rio Dreams at Wynn Las Vegas we hit a 4 jewel bonus game and a few re-triggers after...#SlotM... AMAZING MAJOR JACKPOT on TARZAN slot machine in VEGASIn today slot session we were playing the Tarzan slot machine betting max bet the entire time, $5.00 a s... When the odds of something happening are really low, you say: “It’s like winning a lottery.” Yet, one man, over the course of 30 years, actually did win the ... John Oliver discusses America's growing wealth gap and why it may be a problem in the future.Connect with Last Week Tonight online...Subscribe to the Last We...
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