The men, identified as Gregg Skidmore, Brandon Lacoff and Time Davidson showed up to Connecticut Lottery headquarters to collect their supposed winnings after waiting a few weeks following the drawing.
According to a report in the Daily Mail, a childhood friend of Lacoff's say the money managers alleged win is an apparent ploy to keep the real winner anonymous and protected.
"The person who really won it is anonymous," Tom Gladstone told the British tabloid. "They set up the trust so that Brandon and his two partners could claim they won it and that the real winner wouldn't get hassled."
Gladstone goes on to say that the trio -- who all hail from the Greenwich area -- will manage the multi-million dollar jackpot for the "real" winner.
Regardless of who one the jackpot, the person calling the shots opted to take the after-tax lump sum of nearly $104 million in cash.
The winning lottery ticket was bought at a gas station in Stamford. The drawing was held on Nov. 2 with the winning numbers of 12-14-34-39-46 and Powerball 36.
The jackpot was the largest ever won in Connecticut in Powerball history.