The recent winner of the biggest single-ticket lottery prize in U.S. history, Mavis Wanczyk, has some thinking to do….lots of it…in the wake of her stunning good fortune.
Make no mistake, the “problems” that come with winning a $758.7 million Powerball jackpot are, indeed good problems to have, but they can surely be problems, nevertheless.
For starters, there are all the people - from family and friends, to perfect strangers - who will come out of the woodwork to ask her for a share of her dough. As a matter of fact, as soon as she emerged as the lottery winner, Wanczyk received a serious request from a random stranger to pay off his mortgage.
And there will be many more knocks on the door like that to come.
“She better get ready. She’s going to be hit up for investment opportunities, charity requests, even people she knows are going to come to her,” said Jason Kurland, an attorney with Certilman Balin Adler & Hyman in New York, in a piece over at CNBC.com about Wanczyk.
“She has an insane amount of money now.”
Many have expressed curiosity that Wanczyk opted to both waste absolutely no time in coming forward, and do so very publicly. In Massachusetts, lottery winners have up to a year to claim their prizes. What’s more, even though Bay State law requires winners to be publicly revealed, they have the option of protecting their anonymity by creating a trust and letting the trustee come forward on their behalf.
By not doing that, however, Wanczyk has opened herself up to a direct and enormous barrage of requests for money by hand-out seekers all around the world.
However, even though she has quickly and completely revealed herself, Wanczyk can still retain an attorney to serve as a buffer between her and the rest of the world, and otherwise help to manage the numerous hassles that will surely result from her newfound notoriety.
“Her life will be much easier if she can hide behind someone else, so to speak, when she gets all these calls and questions,” Kurland said.
By Robert G. Yetman, Jr. Editor At Large