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The Lottery - Controversy and Rumors

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Image By Shutterstock By: Seth Cross As mentioned in my last post, there are some states that allow lottery winners to remain anonymous, but still many do not. There is a great deal of controversy and debate surrounding this issue. On one hand, allowing winners to stay anonymous protects them by not allowing the rest of the world to find out they're a multi-millionaire over night. However, if winners were allowed to remain anonymous, it would be extremely easy for fraudulent practices to occur by the lottery itself. The lottery organization could just declare a "winner", and keep the money themselves or paid out to a person of their choice. I understand this sounds far fetched, but there's been a great deal researched and written about this very conundrum. Many lottery organizations, on advice from the FTC, want to remain as transparent about how they operate and how they payout their big prizes. If not, they will fall under tremendous scrutiny by the general publ...

The Lottery - Introduction

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Royalty Free Image - Shutterstock By: Seth Cross It's probably one of the most common road trip conversations, "what would you do if you won the lottery?" Undoubtedly, we all have an answer to that question in one way, shape, or form. It might be something smart and savvy like investing in low-yield bonds. It might be something generous like paying off your families bills. Or it might be something honest like going and buying the world's largest gumball machine. However, winning the lottery and the idea of the lottery as a whole is not quite as glamorous or fantastic as you might think. Don't get me wrong I'd still like to try it, but there is a significant amount of controversy and insane stories that surround the lottery and especially some of it's winners. In this 5 post series, I will discuss all sorts of interesting things surrounding the lottery. Among these will include the dangers of winning the lottery, controversies and and rumors that sur...