$2 and a dream

[aps45819]

Originally Posted by Jeter3000

What would you do if you won $500,000,000 Powerball?

Take the annuity instead of the lump
Investment counselor
Property in a tax haven country like Belize or Costa Rico

[vraiblonde]

I think it's interesting that people say they'd invest their winnings. To...what? Make more money after you already have more than you can reasonably spend?

Seriously, if you have let's call it $200mil after taxes, why would you invest it in anything other than your own pleasure?

[stockgirl]

Originally Posted by RoseRed

The Penthouse Suite.

I doubt they'd sell one of those for $500 million. They'd lose too much revenue.

[Misfit]

I'd spent all day posting stupid news on the forums.

[thurley42]

Originally Posted by vraiblonde

I think it's interesting that people say they'd invest their winnings. To...what? Make more money after you already have more than you can reasonably spend?

Seriously, if you have let's call it $200mil after taxes, why would you invest it in anything other than your own pleasure?

I could spend that pretty fast....I'd invest to hopefully create of lineage of wealth through my bloodline!

[glhs837]

Originally Posted by vraiblonde

I think it's interesting that people say they'd invest their winnings. To...what? Make more money after you already have more than you can reasonably spend?

Seriously, if you have let's call it $200mil after taxes, why would you invest it in anything other than your own pleasure?

Hmmm, why? I take a page from Heinlein, and form a trust, some of which is in shares that my descendants can earn by becoming successful enough to prove they dont need it to make their way. And some used to invest in areas I think would be good things for the human race in general. Things like privatized space efforts, nanotech, who knows.

[vraiblonde]

Originally Posted by thurley42

I could spend that pretty fast....I'd invest to hopefully create of lineage of weath through my bloodline!

You could spend $200mil fast? Really? I wouldn't even know where to start. It would take me years just to get past my interest in the bargain rack at Belk's.

And I wouldn't give one red penny of it to my kids or my grandchildren. Maybe I'd set them up so their schooling would be paid for, but that wouldn't be a freebie - they would have to keep the grades up and their nose clean. Money ruins kids and turns them into lazy layabouts who don't know how to work, very similar to how it works when some ghetto redneck wins.

[vraiblonde]

Originally Posted by glhs837

shares that my descendants can earn by becoming successful enough to prove they dont need it to make their way.

[glhs837]

Originally Posted by vraiblonde

You could spend $200mil fast? Really? I wouldn't even know where to start. It would take me years just to get past my interest in the bargain rack at Belk's.

And I wouldn't give one red penny of it to my kids or my grandchildren. Maybe I'd set them up so their schooling would be paid for, but that wouldn't be a freebie - they would have to keep the grades up and their nose clean. Money ruins kids and turns them into lazy layabouts who don't know how to work, very similar to how it works when some ghetto redneck wins.

Funny, told mine the exact same thing. No free rides, you gotta earn it.

[LuckyMe143]

I wouldn't be chubby and anymore that's for sure I would give the 5 closest people to me a million. Then build my dream ( energy efficient ) house. The kids will get a trust fund that they can only get if they complete college. They will only get a little $$ every 6 months to help pay for school.