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Old 11-28-2012, 07:43 AM   #11
Tdub
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Re: WOW $500 Million

Yeh but just think of what uyou could do with all the money you are not getting. Family, trusts, deserving charities...hell anything but let the guberment keep it. You saying you couldn't live on 10Mil a year??
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Old 11-28-2012, 07:45 AM   #12
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Re: WOW $500 Million

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Yeh but just think of what uyou could do with all the money you are not getting. Family, trusts, deserving charities...hell anything but let the guberment keep it. You saying you couldn't live on 10Mil a year??
Ive lived for 32 years on less than 1 million, I think I could make it work with 10million per year for the rest of my life...
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Old 11-28-2012, 08:04 AM   #13
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Re: WOW $500 Million

I would build a kick ass website to sell parts off of
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Old 11-28-2012, 08:05 AM   #14
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Re: WOW $500 Million

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Originally Posted by redisdeadrideblue View Post
I think I would probably do the annuity in this case, especially. Most people arent forward thinking enough to live on a budget. I mean hell, you just won the largest lotto jackpot ever. You traded a dollar for half of Oprah's net worth. The gravity and reality of that setting in would make anyone make poor decisions.
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**** the annuity... 250 million straight up is enough for me to live off of for the rest of my life.
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And there you have it.
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Old 11-28-2012, 08:05 AM   #15
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Old 11-28-2012, 08:16 AM   #16
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Re: WOW $500 Million

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Ive lived for 32 years on less than 1 million, I think I could make it work with 10million per year for the rest of my life...
Right now if you took the lump sum, you would be giving up about 100M after taxes.

http://www.usamega.com/powerball-jackpot.asp

$345M vs $245M after taxes
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Old 11-28-2012, 08:20 AM   #17
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Re: WOW $500 Million

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I would build a kick ass website to sell parts off of
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Old 11-28-2012, 08:20 AM   #18
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Re: WOW $500 Million

I'll take 245 to have it right now, because my luck I would die after 3 years and not get shit after that
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Old 11-28-2012, 08:27 AM   #19
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Re: WOW $500 Million

I would take it now.

Pay off the house, extend it and make it bad ass. Buy a GTR, make it able to pull a trailer for TD's. Mod the crap out of my bike's and car's. Buy a small helicopter. Pay for the kids college. Give alot away to people I see in need. Invest almost all of the rest after hiring a good financial advisor specifically for investments.
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Old 11-28-2012, 08:31 AM   #20
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Re: WOW $500 Million

The government loves people that think like that
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