Posted on 08/05/2023 2:34:37 AM PDT by zeestephen
Next drawing - Tuesday - 08 August - 30 Year Annuity $51.7 million per year before taxes - $32.6 million per year after 37% IRS tax - Cash Option $757 million lump sum before taxes - $477 million lump sum after 37% IRS tax
(Excerpt) Read more at megamillions.com ...
The idea is to use that money to make more money.
Gibsmedats
If I won that $1.55 Billion, I could finally afford some really nice dice for my rear view mirror!
Wow...what are the odds...
/s
You can get to know a lot of women with that kind of money.
If I hit I’d build a tall ship replica, fully automated, and be gone... ...and just check in on the interest accumulation on the balance every once in a while...
“Cash Option $757 million lump sum before taxes - $477 million lump sum after 37% IRS tax”
Keep going. If you put 477 million in some investment that only pays ONE percent you’ll have $4,770,000 per year in interest to live on without ever touching the lump sum.
Now do a normal return on investment percentage! Say even 5%? Nearly 24 million per year. I can hardly think that big.
This puts you into the super wealthy class, and will make you an enemy of the state unless you donate to leftist causes.
Not me. I’d focus on more serious, less trashy stuff. I’d cover my front and back yards with the best pink flamingos that money can buy.
The neighbors would be so jealous!
I guess I’ll have to go “invest” $5 on it.
Then read about the various winner’s stories.
I recall one where the husband and wife divorced and took their split. Within 5 years they were both found dead, alone in their mansions. Both had been dead for months before anybody missed them.
The successful ones are those that gave the money for a new church building or hospital wing. Redid the roof and carpeting in their home and the wife got a new Buick.
Jeff Bezos (Amazon founder) is a couple years ahead of you.
Price tag on the current largest private sailing vessel in the world is in the $400-$500 million range...
The successful ones hire lawyers and investors. They create an LLC or two and generate a legal maze so you never know their identity or outcome.
They move and have a backstory. They don’t run their mouths.
That’s funny right there!
D&D nerds, I presume?
If you win the lottery, the best thing you could do, imo, is buy into a key-turn business and be semi retired, just doing the accounting and letting minions really run it.
If you win, you’d have to pretty much put yourself in a high security apartment until they forget about you and use your lawyer’s credit card to make all your purchases for a few years. It would be a bit costly to do it that way, but the alternative is to be permanently at risk.
1980’s nerds “keepin’ it real”!
Be sure to leave the crazy ones for me.
LOL - (ouch) 🤕🤕🤕🤕🤕🤕🤕🤕🤕
New brake pads for the Cavalier
(cough...)...
well... ...lets scale it down just a tad lol!! I’d build something closer to the old look of “The Wicked Wench” design better known as the Black Pearl!! I figured around 100M for that. In the wait for construction to finish, i’ll brush up on either of these 2...
https://www.youtube.com/watch?v=kxubj8URkDI
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