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SaschaHM

(2,897 posts)
12. I'm in my Twenties so I'd probably take the Annuity (about 486 mil over 29 years).
Tue Aug 22, 2017, 08:13 PM
Aug 2017

With the first payment of 7 mil, I'd buy a penthouse with controlled access and a door man in my state and spend the year catching up on the necessary financial information that I'd need to handle such wealth. I'd tell my parents and siblings that they could retire.

I'd set up some sort of intermediary between myself and non-core family members/everyone else (everyone outside of my nuclear family) for financial transactions.

I would spend a lot of time figuring out what I wanted to do career wise. I wouldn't retire in my twenties, but I definitely wouldn't go back into the work force with the goal of earning a pay check to sustain my lifestyle.

I might go to grad school.

I'd travel eventually, but I'd probably spend the first 6 months to a year in relative seclusion in my luxury penthouse (my family will be around) cooking fine meals, drinking fine spirits and watching movies and playing games.

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Poweball nears 700 millions $$$$$! [View all] imanamerican63 Aug 2017 OP
I wonder why they don't split that money up for 500,000 people ... hmmm uponit7771 Aug 2017 #1
Because no one would buy the tickets. n/t A HERETIC I AM Aug 2017 #5
I bought my ticket, but not expecting much MiniMe Aug 2017 #2
When is the drawing? KewlKat Aug 2017 #3
Powerball is Wednesday and Saturday A HERETIC I AM Aug 2017 #4
Тяцмр would be an asshole even if he was poor. ImpeachTheGOP Aug 2017 #6
Money is evil. L. Coyote Aug 2017 #7
$267.753 million take home after Federal taxes A HERETIC I AM Aug 2017 #8
Hope those are not Trump motels?????? imanamerican63 Aug 2017 #9
I said "great" and "historic" A HERETIC I AM Aug 2017 #10
!!!!!!!! imanamerican63 Aug 2017 #11
More than a 50% Federal tax rate? WinkyDink Aug 2017 #14
My figure is based on the stated $443.3 cash option A HERETIC I AM Aug 2017 #16
I'm in my Twenties so I'd probably take the Annuity (about 486 mil over 29 years). SaschaHM Aug 2017 #12
If I were the sole winner, and after taxes, I'd enrich all my relatives! And a couple friends! WinkyDink Aug 2017 #13
Don't forget me, your long lost cousin! imanamerican63 Aug 2017 #17
:-) WinkyDink Aug 2017 #24
I would become a philanthropist Generic Brad Aug 2017 #15
!!!!! imanamerican63 Aug 2017 #18
Play the ponies!... 10 to 1 is a reasonable $2 risk... Lostnote Aug 2017 #19
Write a bunch of $14K checks TexasBushwhacker Aug 2017 #20
Where are the ibljgatory "lotteries are a tax on the poor" posts? brooklynite Aug 2017 #21
If I won, I'd establish a foundation to pay the working poor the difference KewlKat Aug 2017 #22
All your dreams are moot mercuryblues Aug 2017 #23
Latest Discussions»General Discussion»Poweball nears 700 millio...»Reply #12