Happy, but not the winner. Bradley J McDevitt collects a $1 million prize on behalf of an anonymous winner.
When a $1 million scratch ticket was recently sold in Bridgewater, the winner remained out of sight.
Despite regulations requiring the Massachusetts State Lottery to disclose big winners, we may never know who purchased the winning ticket.
In the photo above published on the Lottery’s website announcing the winning, it is not the winner accepting the prize money.
Instead, it is Brady McDevitt, an attorney and the trustee of The Apple Nominee Trust of Milton.
McDevitt was able to accept the check as a trustee on the winner’s behalf because the winner decided to go the increasingly popular route of forming a trust to claim their prize.
Lottery regulations state that a claimant's name, city or town, image, amount of prize, claim date and game are all public record.
But trusts have become a common tool for winners to skirt the rules and remain their anonymity when claiming a big prize.
“Trusts and other legal entities fulfill the definition of a legal person,” said Christian Teja, the director of communications for the Massachusetts State Lottery.
“Consequently trusts are allowed to claim Lottery prizes.”
The rules requiring the public disclosure of Lottery players who win big money were originally put in place to promote transparency and create confidence that the games are being run fairly and winnings aren’t going to Lottery employees who are barred from playing.
“The reason they have that rule is so the public knows that there is not some fraudulent scheme going on where people in the Lottery or a certain group of people are always winning like it’s a scam,” McDevitt said.
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McDevitt, who has accepted two $1 million prizes this month as a trustee of the behalf of clients who set up trusts to collect their winnings, said that legal entities like corporations or LLCs – limited liability companies – can also be used to collect prizes.
But trusts are the most popular choice because they are the easiest to set up.
READ MORE: Enterprise News
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