In March 2025, a Massachusetts resident hit it big with a $2,500-a-week-for-life prize. Instead of claiming the winnings publicly, they contacted Logan & Logan LLP to establish a trust and preserve their privacy. Our firm acted as trustee, collecting the prize on their behalf and helping them develop a long-term strategy for their newfound wealth. Their story was featured in WWLP News’ roundup of lucky lottery winners in March.
Protecting Identity, Preserving Wealth
Lottery winners receiving lifetime payments face unique planning challenges. By working with our attorneys, this client was able to claim their prize without revealing their identity and begin planning for the long haul.
Benefits of Using a Trust for Lifetime Lottery Payments
- Maintain Anonymity: Keep your name off public announcements
- Control Distribution: Determine how and when funds are distributed
- Estate Planning: Align your lottery trust with your broader goals
- Tax Efficiency: Coordinate with advisors to plan for state and federal obligations
- Secure the Future: Build a legacy for family or philanthropy
Why Logan & Logan LLP?
We understand the legal and financial complexities of lottery winnings. Our firm works with winners to create frameworks that reflect their personal and financial goals. We bring experience, discretion, and practical support every step of the way.
Contact Us for a Free Consultation
If you’ve won a long-term lottery payout, contact us to learn how we can help you protect your identity and plan for your future. Call us at (617) 752-2654, or send us an email at info@loganloganllp.com.