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In reply to the discussion: the powerball billion UPDATE [View all]

A HERETIC I AM

(24,876 posts)
47. Of course
Tue Jan 12, 2016, 07:55 PM
Jan 2016

Just like every other major player at that level

Treasury Direct is fine for a few hundred thousand but if you need to purchase several hundred million worth, buy in the secondary.

The shorter the paper, the lower the commission. Plus you can buy all sorts of maturities. 2 year notes that have been held for six months already for instance.

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the powerball billion UPDATE [View all] discntnt_irny_srcsm Jan 2016 OP
If I hit the Powerball Billion meow2u3 Jan 2016 #1
I can relate discntnt_irny_srcsm Jan 2016 #12
I would lobby for a reapeal of the death tax and lobby for no tax on .... Hassin Bin Sober Jan 2016 #2
Seriously, I think I might need a psychotherapist due to the shock discntnt_irny_srcsm Jan 2016 #13
Change my name to Brewster. Downwinder Jan 2016 #3
I think I might change my surname to... discntnt_irny_srcsm Jan 2016 #14
Start a charity/ business that teaches green tech on Native reservations and builds green housing NightWatcher Jan 2016 #4
An outstanding idea discntnt_irny_srcsm Jan 2016 #15
Yeah...this too!! Roland99 Jan 2016 #28
Expand and remodel the MFM No Pants Saloon. nt pinboy3niner Jan 2016 #5
No dude, that saloon has to remain closed forever jmowreader Jan 2016 #6
Will it include a Door-Buzzard? kentauros Jan 2016 #7
great memories discntnt_irny_srcsm Jan 2016 #16
I'd love to do what people of great wealth do.... HeiressofBickworth Jan 2016 #8
I hear there cheaper by the dozen discntnt_irny_srcsm Jan 2016 #17
The cash payout rate is the same Goblinmonger Jan 2016 #9
Yes, of course, the payout is the same discntnt_irny_srcsm Jan 2016 #11
Well lucky for me I live in one of those 11 states that doesn't tax the winnings LynneSin Jan 2016 #10
Thanks discntnt_irny_srcsm Jan 2016 #18
"And I'd buy everyone at DU a round of beer!" Sniff....that's beautiful! FSogol Jan 2016 #20
There's 229k members of DU and I don't drink cheap beer... LynneSin Jan 2016 #21
+1 n/t FSogol Jan 2016 #22
My daughter is an IPA fan discntnt_irny_srcsm Jan 2016 #23
I'll put my order in now. baldguy Jan 2016 #26
You get the beer I buy everyone else. There are no special requests LynneSin Jan 2016 #37
As long as it's not some pisswasser like Screamin' Green Genny Cream. baldguy Jan 2016 #46
kick for the update discntnt_irny_srcsm Jan 2016 #19
I just read a story about people whose lives WEREN'T ruined TexasBushwhacker Jan 2016 #24
The first thing ANYONE needs to do if they win... jmowreader Jan 2016 #25
Yeah, the 14.6% beyond the 25% withheld could be invested separately... Roland99 Jan 2016 #29
It'd have to be invested in something very safe jmowreader Jan 2016 #30
Just see what Jim Cramer is recommending... Roland99 Jan 2016 #31
You can buy $5 million in T-bills jmowreader Jan 2016 #32
T-Bills would be safer than CD,s A HERETIC I AM Jan 2016 #39
Exactly, but they don't let you buy as many as you'd need jmowreader Jan 2016 #40
Sure they will A HERETIC I AM Jan 2016 #44
What are you thinking, buying in the secondary market? jmowreader Jan 2016 #45
Of course A HERETIC I AM Jan 2016 #47
Oh...much would be planned! Roland99 Jan 2016 #27
looks like onethatcares Jan 2016 #33
One of the worst afflictions of being poor... discntnt_irny_srcsm Jan 2016 #34
If I survived the shock, I would: Paper Roses Jan 2016 #35
When I win NewJeffCT Jan 2016 #36
I wouldn't setup my relatives with anything... LynneSin Jan 2016 #38
my family is fairly small NewJeffCT Jan 2016 #42
Endow a nonprofit institution KamaAina Jan 2016 #41
I was thinking of something like that NewJeffCT Jan 2016 #43
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