General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat would you do with half a billion dollars?
In approximately one hour, someone (or multiple people) may win $540 million or a share of that through a Powerball draw:
https://www.powerball.com/games/home
What would you do with the money if you won? Do you even bother buying tickets when chances of winning a jackpot are so insanely remote?
Wouldn't it be better if lotteries split prizes into more reasonable amounts benefitting a greater number of people? Say 540 individuals/families could each claim $1 million (or a portion of a smaller jackpot because, let's face it, the hype over an insanely high grand prize fuels even more ticket sales).
2naSalit
(102,805 posts)I wouldn't end up with much but I can think of a lot of good things to do with that much money.
sakabatou
(46,151 posts)Mr.Bill
(24,906 posts)would be to give a lot of it to the IRS.
TreasonousBastard
(43,049 posts)payout, and pay more in taxes.
Bev54
(13,431 posts)Mr.Bill
(24,906 posts)but the federal government does not.
Polybius
(21,902 posts)In that order.
Effete Snob
(8,387 posts)happybird
(5,393 posts)Legend.
Progressive Jones
(6,011 posts)Bristlecone
(11,111 posts)Scrivener7
(59,522 posts)ailsagirl
(24,287 posts)👍
Scrivener7
(59,522 posts)ailsagirl
(24,287 posts)Qutzupalotl
(15,824 posts)There aren't enough.
LakeArenal
(29,949 posts)College for anyone who wants it.
Bequests to everyone until I had about 3 million left. Dentistry for everyone. Debt paid off for most.
With that Id find the best property and build a small but totally lux house.
discntnt_irny_srcsm
(18,764 posts)...and have a great time giving the rest away.
Dial H For Hero
(2,971 posts)The other half I'd waste.
Takket
(23,715 posts)Takket
(23,715 posts)for their kids.
Grant a whole lot of wishes for Make A Wish kids
Help the humane society, mental health charities, the medical system that has done such great things for my family
Get a kick ass telescope so I can look at space
IzzaNuDay
(1,296 posts)I am not flashy with money so having that much would make me uncomfortable. Would want legal help to manage the projects I could do with some of that money.
Hortensis
(58,785 posts)too quickly turn from good stuff to how does one share with family without risking harm? Our kids and their kids are doing fine now.
So first serious thing on a to-do list would be shopping for advisors to head off potential problems?
Makes me think I should first take a pied a terre in Paris, or perhaps Rome since it's winter, and think about it from there.
I_UndergroundPanther
(13,369 posts)Give to a lot of people and organizations. DU would get a chunk for sure. So would my sisters and my nieces and nephew. To my aunt who helped my mom as she declined.
Than I would get a house and I would get some land and build that self sufficient zero or tiny footprint asshole free zone/ community and cat sanctuary I have mentioned here before.
I have some good freinds in dire straights they could live with me..if they want to. And they'd get a chunk too.
I'd get some surgeries done like remove a hematoma on my thigh that looks exactly like a golf ball under the skin.
Get new glasses and see if I need a hearing aid.
I would have the kind of insurance that would cover it.
I would donate to my day program to the local animal shelters.
To a gblt support group that is dear to me, hearts and ears.
I'd finally get to go to Egypt to see the sights.
I would get my body mods and tattoos finished.
I would create an electric light rail train in my town that goes to downtown Baltimore and back 24 hours a day.. For people who are poor and trapped here because of the shitty public transit and for commuters. It would make a little dent in emissions.
I'd give a nice sized chunk to the Democratic Party.
And help the progressives get ahead and elected.
I would try some foods that I could never afford to try.
I would have an asskicking art/ craft room and forge and all my friends would be welcome to create there.
And I would make a community art center for adults in my county. I say adult because there are shitloads of crafty things for kids but adults? There is nothing like that here.
I would donate to mental health provider groups in Maryland.And to peer run groups and gblt groups.
Thats off the top of my head.
Lefta Dissenter
(6,703 posts)Imagine how many DU valentine hearts you could give! ❤️
CentralMass
(16,973 posts)on the Oregon coast and maybe one on the other coast.Then I'd buy a motorhome and explore as much of the country as possible.. Maybe but a gew more toys like good touring motorcycle and a ckassic car. I would also try to find a worthy organization that helps the homeless to donate to.
ecstatic
(35,075 posts)inventions and creative projects. Unfortunately I don't keep track of the big drawings. It looks like I have 22 minutes to try to buy a ticket online!!!
thinkingagain
(1,350 posts)I would have to get a driver.
And that hed be really cute!
Other than that I used to think I would continue to work but not any more not so happy at work. So I would retire early. I would Get a financial advisor
Buy my dream home.
Im from a very large family so somebody could usually need money for something for sure plus there are some really good charities out there that I would not mind
Helping out a little more than I do now.
VarryOn
(2,343 posts)Tithe to my church, take care of my direct family's debts, find a handful of people needing help, take trips to a few places around I want to visit, then invest the rest.
With half a billion, a private jet would be possible. I'm easy to please, but having taken a private jet many times for work, I'm addicted. Having one would be quite nice. But, it would be low on the totem pole.
The biggest thing would be never having to worry about money again.
pnwest
(3,467 posts)All those little luxuries that you really want / could use - but are always at the far end of the budget list.
I'd buy a certain hotel property in my area that I've had lottery fantasies about for years, bulldoze it, and build a fantastic posh new one in it's place, with a really great restaurant and a blues bar.
Houses and cars for my dad, stepmom, sister, and two nieces.
Summer home and winter home for myself and Mr West, and cars.
Donate to Alzheimer's research.
Donate to some local art non-profits.
Travel for a few years, see the world.
Not that I've thought about any of this, ever.
samplegirl
(13,989 posts)Out of the U.S.
True Dough
(26,674 posts)I ask because if you have $540 million, I want to follow!
ForgedCrank
(3,096 posts)Then I'd drive to the implement dealer and get everything my dad has always needed but couldn't afford. Then probably dump a bunch on the rest of the family as needed.
Then, I'd hunt for at least 5K acres on a single slot and plant my house right smack in the middle of it as far away from any city as I could possibly get. My life would be dirt bikes and mud forever. I'd be a 2-stroke mad man when I wasn't in off somewhere exotic, fishing. And I'd damn sure never login to the internet again as long as I lived.
FSogol
(47,623 posts)mercuryblues
(16,415 posts)And call it in.
Silent3
(15,909 posts)Jacson6
(2,014 posts)I play the $1 lottery once a week, but I know people that spend $100's on lottery and lottery scratch offs monthly.
Response to True Dough (Original post)
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Talitha
(7,989 posts)In a bit of selfishness though, I'd do a tour of European castles and museums - but not until Covid is on the back burner.
Oh, and I'd get a flat overlooking Trafalgar Square.
Hortensis
(58,785 posts)Trafalgar AND a beautiful "English" garden? I'm not taking my husband along on this fantasy since he'd require hot weather and terrific fishing.
Talitha
(7,989 posts)And DH would definitely not be in the picture.
Dear Husband OR Dick Head - it depends.
Hortensis
(58,785 posts)and gardener, half the year. Lol, I'm sure there's fishing in UK and with that kind of money we could make both of us happy, but my garden would have to be, finally, in a climate that gardens love.
Raine
(31,179 posts)🐮🐷🐺🐻🐸🐇🐕🐏🐔🐒 all kinds that have been abused and abandoned also hire lots of people that would help me take care of them. ♥️
I would some of the money for a good time for myself like traveling but the animals would have to come first.
DFW
(60,189 posts)Buy myself a couple of Senators from the opposing party so that they get their will a little less often, and we gets ours a little more often.
Ka-Dinh Oy
(11,686 posts)Then I would have a house built for my friend so he can get away from his vile family. Not sure what I would do for myself except get a German Shepherd and train it to be my new service dog. I want to help people more than anything.
if..fish..had..wings
(880 posts)Conferrin' with the flowers

Consulting with the rain
True Dough
(26,674 posts)Any DUer going to confess to winning that Powerball jackpot last night???
LuckyCharms
(22,653 posts)Then I would start smoking and drinking again, thereby drastically shortening my life. I would chain smoke, and make sure that I stayed shit-faced drunk 24/7. I would do this because it would only be a matter of time before some money hungry psychopath would find out where I lived because my name would be public. He would come and make me give him access to the money before he murdered me. The authorities would find me maybe 6 weeks later, buried under my porch in my purple underwear, clutching an unlit cigarette.
Even though this would inevitably happen no matter what I did with the money, the robber/murderer would soon be very disappointed, because before I go on my drinking and smoking spree, I would anonymously transfer all of the money to you in a way in which no one would find out your name.
I would do this because I know you would do the right thing with the money.
Amishman
(5,929 posts)$400 million to fund cancer treatment research is pretty self explanatory.
$100 million held in trust and cautiously invested. The trust is to provide a basic income for my immediate family and all future descendents, equal to the median individual income in the US.
machoneman
(4,128 posts)JHB
(38,213 posts)Including support and promotional services to people who are already out there, but have to have a day job to keep a roof over their heads and aren't more visible because they aren't on the coasts and/or don't have old chums who invite them on cable shows.
brooklynite
(96,882 posts)The single payout will probably be about 300 million, of which 120 million will be withheld for federal taxes.
SKKY
(12,801 posts)...donate a good chunk to our church, and then change my phone number.
GaYellowDawg
(5,101 posts)Quit social media, help some friends and family, and ask my girlfriend to marry me. Then take her by private jet to an all-inclusive overwater bungalow resort in the Maldives and spend about a month there. I'd figure out the rest after that.
robbob
(3,750 posts)csziggy
(34,189 posts)In fact, having just gotten my parents' estates settled, that was what I did. the investment guy talked about how to keep the money working. The accountant talked to me about how much I could give away at a time. I also contacted the Trust for Public Lands about how to protect my farm from development when I am dead.
Next step is to talk to my attorney about setting up my trust, who to leave it to, including bequests to various organizations. While I plan to donate money while I am alive, I didn't inherit half a billion dollars so need to have enough to live on as long as I live. I'll leave some to relatives but a third of my estate will go to educational organizations as endowments.
Midnight Writer
(25,410 posts)Wonder how many takers I'd get?
Emile
(42,293 posts)Seriously I would make sure everyone in the family never had to worry about needs!
Poiuyt
(18,272 posts)But then I'd feel insignificant when I realized I only have less than 1% what Elon Musk has.
Response to True Dough (Original post)
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