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After all of the taxes, charitable donations and money for family (taxed again). I'd set up a simple very low cost portfolio that should require minimal maintenance.

50% in tax exempt bonds (VWLUX). 30% in US stocks indexed (VTI). 10% in international stocks indexed (VEU). 10% in physical gold bullion as an insurance policy stored overseas. And finally enough money in cash or a near equivalent (VGSH) to live like a pharaoh for the next 20 years or so.

1 posted on 01/08/2016 12:51:41 PM PST by NRx
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To: NRx

So wait...$800 million nets you maybe $350 million after taxes? $450 million is the government’s share for you winning??!!


186 posted on 01/08/2016 6:04:39 PM PST by jughandle (Big words anger me, keep talking.)
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To: NRx
Here's a 'rough' state by state Powerball analysis Powerball Jackpot Analysis https://www.usamega.com/powerball-jackpot.asp

187 posted on 01/08/2016 6:05:17 PM PST by Stand Watch Listen (Was addicted to the Hokey Pokey...but I turned myself around...((@))
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To: NRx

Step One, learn how to say NO.

That being said, I’m 62 and I have been afflicted with Leukemia for almost ten years.

I would spend the rest of my days giving away all the money.

My Oncologist will be the first guy I visit with a Check. If not for him, I wouldn’t be alive to buy the Ticket.

This Website would never need another FReepathon EVA!

Well, it’s fun to dream. LOL


198 posted on 01/08/2016 9:02:37 PM PST by Kickass Conservative (Obama, unable to call a Spade a Spade...)
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