Anonymity and lottery winnings

website blind trust for lottery winnings People say do a blind trust because it means the beneficiary of the trust remains anonymous BUT from what I understand, a blind trust is when a blind trust for lottery winnings While politicians and company insiders can use blind trusts to avoid conflicts of interest, lottery winners can also benefit from blind trusts

blind trust for lottery winnings A few states, including Pennsylvania, prohibit blind trusts from claiming lottery winnings, but they permit other trusts to do so This is good news because  The winning lottery ticket can be deposited into the trust as an anonymous donation The trustee will have full discretionary powers to manage the prize money  Then the winnings can be claimed on behalf of the trust by its attorney or trustee A lottery trust also can be used to share the winnings with another party

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