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In BB I trust
Join Date: May 2003
Location: Boston, Mass.
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Lottery Winner needs to share $15 mill with soon-to-be ex-wife
Ouch!
https://www.cnn.com/2019/06/21/us/lo...rnd/index.html (CNN)A Michigan lottery winner must share the $38 million windfall with his ex-wife, even though they were in the process of divorcing when he bought the ticket. Richard Zelasko won an $80 million Mega Millions jackpot in July 2013 -- after taxes and fees his prize was $38,873,628, according to an opinion issued last week by the Michigan Court of Appeals. The suburban Detroit man and his then-wife, Mary Elizabeth Zelasko, filed for divorce in late 2011. The case had gone to arbitration, and they were waiting for the arbitrator's opinion when Richard Zelasko won the prize. The couple were married in 2004 and have three children. The arbitrator ruled that the ticket was part of the couple's marital assets and awarded $15 million to the wife and divided the rest of their assets, according to the opinion. He said that the "marital property includes all property acquired from the date of marriage until the date of entry of the divorce decree," including property acquired during a separation. The court also cited the arbitrator's opinion that the winning lottery ticket was probably not the first that Richard Zelesko had purchased during the marriage and that "(a)s losses throughout the marriage were incurred jointly, so should winnings be shared jointly." It's true that Zelasko spent $1 to buy the winning ticket; however, "the dollar spent was arguably marital money and, as such, a joint investment," the arbitrator said. The appellate court said it found no errors that would require it to change the award. "It's very difficult to overturn an arbitration," said Michael Robbins, who's represented Richard Zelasko since 2015. Robbins told CNN that the couple had been separated since 2009. An attorney for Mary Elizabeth Zelasko told CNN that he would not comment on the case because it is confidential. The couple's divorce was finalized in 2018. Robbins said his client can appeal the ruling and is "considering his options." |
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#31 |
The Insider
Join Date: Jan 2004
Location: Lake of the Ozarks
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Should have collected the winnings under a LLC or incorporation or something like that if he wanted to keep all the money.
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#32 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-472449
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If he was really gutsy, he could give it to his best friend for a 10 percent cut if the friend would slide him money every year. It would have to be a really good friend, though. Probably not worth the risk since he's already getting $15 million.
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#33 |
YOU take YOUR seat
Join Date: Nov 2007
Casino cash: $-1454895
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BuT WyMeN hAvE No rIgHtS, PaTRiArcHy
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#34 |
In Search of a Life
Join Date: Mar 2005
Location: Central Valley, Cali
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she got a nice payday! lol sucks for him
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#35 | |
Valiant 'The Thread Killer'
Join Date: Jun 2001
Location: Kansas City
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Quote:
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#36 |
Valiant 'The Thread Killer'
Join Date: Jun 2001
Location: Kansas City
Casino cash: $4572380
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If it was sitting in arbitration for that long he may stand a good chance of winning on appeal.
You can't say it is part of marriage assets when it has been years after arbitration. Though it might be cheaper if they have kids or alimony. Should have given the ticket to a brother or mom to collect. |
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#37 |
Banned
Join Date: Jan 2013
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#38 |
MVP
Join Date: Aug 2017
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Men always get screwed in these cases.
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#39 |
Did you hear what I said?
Join Date: Aug 2000
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As shitty as it is, this was a no brainer from the start. But rich assholes divorcing each other are among the most unreasonable people on earth.
I'm sure the lawyers appreciated it. |
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#40 |
MVP
Join Date: Jan 2007
Location: Missouri
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I have no idea why men still get married.
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#41 | |
MVP
Join Date: Aug 2017
Casino cash: $10000400
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friends or ****ing? friends is bullshit, I ****ed my ex for 2 years /.....
Who the **** gets divorced by arbitration???? Quote:
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#42 |
left blank intentionally
Join Date: Oct 2012
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If I was smarter, I would've married her when she wanted me to...
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#43 |
Did you hear what I said?
Join Date: Aug 2000
Casino cash: $-576615
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Well, up until the lotto lightning strike I'm sure they weren't rich. If a divorcing couple isn't fighting tooth and nail over everything, if they can amicably agree over who gets what, arbitration is a cheaper way to go.
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#44 | |
left blank intentionally
Join Date: Oct 2012
Location: Belize Nuts
Casino cash: $3104897
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Quote:
I kept some records and the TV stand.
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