$1.6 Billion for Megamillions Jackpot. Tell me what you'd do with all that cash!!!

24

Comments

  • darwinstheory
    darwinstheory LaPorte, IN Posts: 7,532
    ^^^Good thing you're not teaching today's youth.........oh. wait.
    "A smart monkey doesn't monkey around with another monkey's monkey" - Darwin's Theory
  • dankind said:
    I'd take Agnes out on a date.
    Thank goodness someone will. She'll be dead before the other one finally makes the decision( has the balls) to ask her. Lol
  • oftenreading
    oftenreading Victoria, BC Posts: 12,856
    ^^^Good thing you're not teaching today's youth.........oh. wait.
    :lol:
    my small self... like a book amongst the many on a shelf
  • brianlux
    brianlux Moving through All Kinds of Terrain. Posts: 43,778
    I'd sell used books and records. 
    "It's a sad and beautiful world"
    -Roberto Benigni

  • igotid88
    igotid88 Posts: 28,779
    1 person in South Carolina won
    I miss igotid88
  • mcgruff10
    mcgruff10 New Jersey Posts: 29,193
    ^^^Good thing you're not teaching today's youth.........oh. wait.
    Hey I make mistakes!  Luckily I teach history and not math.
    I'll ride the wave where it takes me......
  • markymark550
    markymark550 Columbia, SC Posts: 5,234
    igotid88 said:
    1 person in South Carolina won
    Sadly, was not me.
  • Well that was fun.

    Everyone back to the daily grind...
  • mickeyrat
    mickeyrat Posts: 45,222
    mcgruff10 said:
    I could literally give every single American one million dollars and still have 600 million left over.  Wow. 
    cash option isnt after taxes...... the other 700 million is what would accrue for payout over the life of the payout.
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
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  • mickeyrat said:
    mcgruff10 said:
    I could literally give every single American one million dollars and still have 600 million left over.  Wow. 
    cash option isnt after taxes...... the other 700 million is what would accrue for payout over the life of the payout.
    Correct.  If you did cash option  you would get like 500 mil after taxes.  That is a third of what it was.

    If you opted for the 30 year payout you would have received 53 mil before taxes and about 30 mil a year after.

    The question would be could you take the 500 mil guaranteed and turn it into the 900 mil you would have gotten over 30 years?

    Or just screw it and enjoy the 500mil?
  • mickeyrat
    mickeyrat Posts: 45,222
    mickeyrat said:
    mcgruff10 said:
    I could literally give every single American one million dollars and still have 600 million left over.  Wow. 
    cash option isnt after taxes...... the other 700 million is what would accrue for payout over the life of the payout.
    Correct.  If you did cash option  you would get like 500 mil after taxes.  That is a third of what it was.

    If you opted for the 30 year payout you would have received 53 mil before taxes and about 30 mil a year after.

    The question would be could you take the 500 mil guaranteed and turn it into the 900 mil you would have gotten over 30 years?

    Or just screw it and enjoy the 500mil?
    I dont think anyone could foresee 30 years of growth to THAT degree. What I have in mind if I were to ever come into serious money, is buy as much berkshire hathaway as felt right for whatever amount I was working from. give quite a bit to family and various causes.

    buy and rehab houses to give to the homeless with trusts set up to help support maintenance and the individuals. Start  self sustaining businesses that didnt necessarily require profit back to me but improve opportunity for employees. silent partner shit....

    and cars. every fucking car I have ever wanted. entire mopar line from back when......
    _____________________________________SIGNATURE________________________________________________

    Not today Sir, Probably not tomorrow.............................................. bayfront arena st. pete '94
    you're finally here and I'm a mess................................................... nationwide arena columbus '10
    memories like fingerprints are slowly raising.................................... first niagara center buffalo '13
    another man ..... moved by sleight of hand...................................... joe louis arena detroit '14
  • mickeyrat said:
    mcgruff10 said:
    I could literally give every single American one million dollars and still have 600 million left over.  Wow. 
    cash option isnt after taxes...... the other 700 million is what would accrue for payout over the life of the payout.
    Correct.  If you did cash option  you would get like 500 mil after taxes.  That is a third of what it was.

    If you opted for the 30 year payout you would have received 53 mil before taxes and about 30 mil a year after.

    The question would be could you take the 500 mil guaranteed and turn it into the 900 mil you would have gotten over 30 years?

    Or just screw it and enjoy the 500mil?
    You can’t will the annuity to heirs. Take the cash. 5% annual growth is plenty as you live the high life, never depleting the capital. 30 years is a long time to live without meeting your demise.
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR; 05/03/2025, New Orleans, LA;

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  • F Me In The Brain
    F Me In The Brain this knows everybody from other commets Posts: 31,960
    mickeyrat said:
    mickeyrat said:
    mcgruff10 said:
    I could literally give every single American one million dollars and still have 600 million left over.  Wow. 
    cash option isnt after taxes...... the other 700 million is what would accrue for payout over the life of the payout.
    Correct.  If you did cash option  you would get like 500 mil after taxes.  That is a third of what it was.

    If you opted for the 30 year payout you would have received 53 mil before taxes and about 30 mil a year after.

    The question would be could you take the 500 mil guaranteed and turn it into the 900 mil you would have gotten over 30 years?

    Or just screw it and enjoy the 500mil?
    I dont think anyone could foresee 30 years of growth to THAT degree. What I have in mind if I were to ever come into serious money, is buy as much berkshire hathaway as felt right for whatever amount I was working from. give quite a bit to family and various causes.

    buy and rehab houses to give to the homeless with trusts set up to help support maintenance and the individuals. Start  self sustaining businesses that didnt necessarily require profit back to me but improve opportunity for employees. silent partner shit....

    and cars. every fucking car I have ever wanted. entire mopar line from back when......
    We will never find out (darn!) but I feel that with more money you make more money...this proves out across many examples.  Almost double it?  I feel like I could do that. 
    "Takes money to make money"
    I could do both -- enjoy and enhance. 
    Really, who could fail to live on just your standard base/low risk investment growth year over year?  Would be nice!
    The love he receives is the love that is saved
  • mickeyrat said:
    mickeyrat said:
    mcgruff10 said:
    I could literally give every single American one million dollars and still have 600 million left over.  Wow. 
    cash option isnt after taxes...... the other 700 million is what would accrue for payout over the life of the payout.
    Correct.  If you did cash option  you would get like 500 mil after taxes.  That is a third of what it was.

    If you opted for the 30 year payout you would have received 53 mil before taxes and about 30 mil a year after.

    The question would be could you take the 500 mil guaranteed and turn it into the 900 mil you would have gotten over 30 years?

    Or just screw it and enjoy the 500mil?
    I dont think anyone could foresee 30 years of growth to THAT degree. What I have in mind if I were to ever come into serious money, is buy as much berkshire hathaway as felt right for whatever amount I was working from. give quite a bit to family and various causes.

    buy and rehab houses to give to the homeless with trusts set up to help support maintenance and the individuals. Start  self sustaining businesses that didnt necessarily require profit back to me but improve opportunity for employees. silent partner shit....

    and cars. every fucking car I have ever wanted. entire mopar line from back when......
    I think if you bought a bunch of property in big cities you could very well come close to making that type of money.  That is how most people became rich, property.

    As for Berkshire I agree.  "A" is at $300 plus right now.  It has gone up $120,000 since I have been watching it.

    Other things I would invest in are the bluechips, Amazon, Apple, BP, Caterpillar, Walmart, Pfizer.  I would also look into Lithium and electric cars for the near future too.

    As stated before I would put a trust up for Epilepsy R&D.

    Oh and cars?  Hmmm.  I would purchase a Nissan GTR.  I don't think I would want anything else after driving that, lol.


  • HesCalledDyer
    HesCalledDyer Maryland Posts: 16,500
    edited October 2018
    Actually I take my original post back.  Buying every current Ferrari plus an F40 would be the second thing I'd do.  The first would be hire a lawyer.
    Post edited by HesCalledDyer on
  • Poncier
    Poncier Posts: 18,031
    Invest in pork bellies...they are used to make bacon...as in a bacon, lettuce and tomato sandwich!
    This weekend we rock Portland
  • dankind
    dankind Posts: 20,841
    Turn those machines back on!
    I SAW PEARL JAM
  • Poncier said:
    Invest in pork bellies...they are used to make bacon...as in a bacon, lettuce and tomato sandwich!
    dankind said:
    Turn those machines back on!
    lol!

    "Looking Good Billy Ray!"
  • dankind
    dankind Posts: 20,841

    I SAW PEARL JAM
  • ed243421
    ed243421 Posts: 7,756
     
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