Powerball

[Ucsdryder]

Ok, who’s playing and what are you doing with the money when you win 1.8 billion?

 

[Steve300xcw]

what are you doing with the money when you win 1.8 billion?

Have not decided yet

 

[NRA4LIFE]

I'm buying a new pair of gloves.

 

[IDVortex]

If I plan, and I win. Im going to go get a counselor who deals with money and people spending, then, a good lawyer, and lastly, investor. Keep $70000 out, pay off any debt, replace my wifes car. And keep about 20k for a down payment on a home. Invest everything else, tell no one and really focus on a career in law enforcement without having to worry about a paycheck.

 

[IDVortex]

Oh, and keep some money out so every month you and Form get flowers sent to each other that says they were sent from the other person. Just for my own entertainment purposes.

 

[svivian]

If I plan, and I win. Im going to go get a counselor who deals with money and people spending, then, a good lawyer, and lastly, investor. Keep $70000 out, pay off any debt, replace my wifes car. And keep about 20k for a down payment on a home. Invest everything else, tell no one and really focus on a career in law enforcement without having to worry about a paycheck.

my brother.... your net take home will be just shy of $1 billion dollars. i dont think a down payment for a home will be necessary

 

[svivian]

hookers and blow....

but really i would be buying up vast amounts of mountain property and vacation homes in desirable areas.

 

[IDVortex]

my brother.... your net take home will be just shy of $1 billion dollars. i dont think a down payment for a home will be necessary

If I took all the money, and just used it. I'd be poor and homeless once the money is out. Take out what I need, and invest the rest. Act like I dont have it, and we would be very well off with no debt. And still living within our means.

 

[svivian]

If I took all the money, and just used it. I'd be poor and homeless once the money is out. Take out what I need, and invest the rest. Act like I dont have it, and we would be very well off with no debt. And still living within our means.

alright fun math time

you could spend $68,493.15 per day for the next 40 years before you would run out.

That doesnt include any compounding interest you may accrue while investing the unused balance.

 

[MuleyFever]

If I took all the money, and just used it. I'd be poor and homeless once the money is out. Take out what I need, and invest the rest. Act like I dont have it, and we would be very well off with no debt. And still living within our means.

Within your means? You could spend a million dollars a month and never run out before you die.

 

[IDVortex]

alright fun math time

you could spend $68,493.15 per day for the next 40 years before you would run out.

That doesnt include any compounding interest you may accrue while investing the unused balance.

Okay, I won't disagree with the math. Math is there. Im just saying statistics show people who get huge amounts of cash blow it. And I guess im answering this as someone who has been bad with money before, its a position id probably destroy.

 

[IDVortex]

I also never want to be known as someone with money.

 

[svivian]

Okay, I won't disagree with the math. Math is there. Im just saying statistics show people who get huge amounts of cash blow it. And I guess im answering this as someone who has been bad with money before, its a position id probably destroy.

You are not wrong, im just pointing out that this is such a large amount that it doesnt fit in the stereotypical powerball winner sad stories.

Now back to the fun of dreaming...... sorry @Ucsdryder

 

[IDVortex]

You are not wrong, im just pointing out that this is such a large amount that it doesnt fit in the stereotypical powerball winner sad stories.

Now back to the fun of dreaming...... sorry @Ucsdryder

Oh you're not wrong at all. I do agree with you on the math. But. Lol

 

[Ucsdryder]

my brother.... your net take home will be just shy of $1 billion dollars. i dont think a down payment for a home will be necessary

I thought the same thing as I read that. There’s no reason to worry about paying off annyrhing or investing it all. Calculate 500,000,000×5% annually. Good luck spending the interest alone off that!

If I win I’ll tell you guys. You can all pretend to be my friends and hope to get invited to Yellowstone ranch.

 

[High Climber]

alright fun math time

you could spend $68,493.15 per day for the next 40 years before you would run out.

That doesnt include any compounding interest you may accrue while investing the unused balance.

I think I could make that happen!

 

[StupidLightweight]

I love the hypothetical lotto game! My question is this:

Long term, would your family be better off if you won a huge lottery (assuming they knew) or would your current life path result in more marital happiness, better children, less money hungry in-laws, etc.?

No matter how grounded you are, huge influxes of cash have a way of ruining lives.

 

[gman82001]

If I plan, and I win. Im going to go get a counselor who deals with money and people spending, then, a good lawyer, and lastly, investor. Keep $70000 out, pay off any debt, replace my wifes car. And keep about 20k for a down payment on a home. Invest everything else, tell no one and really focus on a career in law enforcement without having to worry about a paycheck.

Man not to be a dick but if I’m so wealthy my grandkids wouldn’t have to worry about money, getting a job in law enforcement wouldn’t even be allowed in my mind.

I do like your other arguments about still living a “normal life”

 

[IDVortex]

Man not to be a dick but if I’m so wealthy my grandkids wouldn’t have to worry about money, getting a job in law enforcement wouldn’t even be allowed in my mind.

I do like your other arguments about still living a “normal life”

Ha, my personality, ill never retire. Ive gotta have something to do/work. Even hunting, I can only go for about a week then I need to be back at work.

 

[IDVortex]

I love the hypothetical lotto game! My question is this:

Long term, would your family be better off if you won a huge lottery (assuming they knew) or would your current life path result in more marital happiness, better children, less money hungry in-laws, etc.?

No matter how grounded you are, huge influxes of cash have a way of ruining lives.

My wife would know, thats it.