$758 million powerball winner in Mass.
08-24-2017 | 01:55 PM
#11
Joined: Nov 2000
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From: Lewes, DE
08-24-2017 | 01:57 PM
#12
Joined: Nov 2000
Posts: 8,631
Likes: 810
From: Lewes, DE
Not me. I'd buy an island, install a defense system, and declare independence. Then I'd build a race track, some garages, some docks and buy race cars and boats. Then I'd sell some building lots to billionaires who want to be part of the new republic of Bill in order to recoup some of my money and have friends to play with.
Either that, or I'll spend the money on electronic gadgets and salaries for people who can keep up with modern technology and explain how it all works to me.
Either that, or I'll spend the money on electronic gadgets and salaries for people who can keep up with modern technology and explain how it all works to me.
I could help a lot of legitimate unfortunate people who could use some help.
08-24-2017 | 04:07 PM
#13
Joined: Jan 2001
Posts: 42,332
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From: Mish-she-gan
08-24-2017 | 05:18 PM
#14
Thread Starter
Joined: Jul 2002
Posts: 32,538
Likes: 4,155
From: bolton
We were chatting about it at golf.
A lot of folks would not be able to spend it.
T-bills are running a little over 1%.
so if you dumped it all into treasury notes you'd still be generating close to 10 million a year and never touching the principle.
But you would have friends, lots of 'em.
that annoying kid from the first grade would suddenly reappear.
A lot of folks would not be able to spend it.
T-bills are running a little over 1%.
so if you dumped it all into treasury notes you'd still be generating close to 10 million a year and never touching the principle.
But you would have friends, lots of 'em.
that annoying kid from the first grade would suddenly reappear.
08-24-2017 | 05:54 PM
#15
Joined: Apr 2007
Posts: 15,256
Likes: 2,123
From: Long Beach, MS
I would build a nice but not too large new house with a large but not too nice garage, buy a few cars, take care of the family, invest maybe 10 million in something where I could live comfortably off the interest and do some traveling, and put the rest into a foundation endowment for one cause that I believe in. I have no idea which one but I would like to think that focusing that much money might actually make a difference. Seems like it takes a lot of dough to effect change or research a cure or positively impact a very large population..
08-25-2017 | 07:26 PM
#18
Joined: Jan 2001
Posts: 42,332
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From: Mish-she-gan
08-30-2017 | 07:26 PM
#19
Joined: Apr 2003
Posts: 12,381
Likes: 526
From: Clifton, VA
I for one always hope that who ever wins a lottery falls into one of the following categories:
- It changes their life for the better.
- They do some good with a part of their winnings by donating it to a cause that they believe in.
09-01-2017 | 10:05 AM
#20
Community Organizer
Joined: Oct 2000
Posts: 8,580
Likes: 104
From: Chapel Hill, NC
I for one always hope that who ever wins a lottery falls into one of the following categories:
- It changes their life for the better.
- They do some good with a part of their winnings by donating it to a cause that they believe in.