Posted on 10/17/2018 8:37:47 AM PDT by NRx
Oh shoot, so much for that plan!
gimmee, gimmee, gimmee, mine, mine, mine, I’m a happy miser.....
(looney tunes...gotta love’em)
Me...I'm setting up a big book/comic book/gaming/diner/Japanese restaurant /Cineplex that will run at a loss. Just so I have something to do outside the house - keeps the wife happy ;)
Me, I’d farm until it was gone.
Good start. My plans would likewise begin with that, but would get considerably more elaborate from there.
Elmer J. Fudd, millionaire?
I’m gonna one-up you, I’ll build a mansion ON a yacht!
Someone once said: money can’t buy happiness, but it can let you pick whatever kind of unhappiness you want.
If I win, I will have to join the witness protection program.
And your name is Elmer J. Fudd!
Yes; I’m sure it’s better to be miserable and rich, than miserable and poor ;-)
Blondes, brunettes, redheads galore. What could go wrong....?
STDs come to mind; not to mention an enormous emptiness inside that money can never fix.
I hope the person who wins all of that cash is someone who could live equally well without it.
I know that for my state, Washington, the winner is allowed to claim the prize under the name of a legally-formed trust.
HOWEVER...the state considers that all lottery records fall under the title of ‘Public records’. So, even if you claimed the prize under the name of the trust, if someone requests the information on the trust, the state has to release the information...which includes your name. This was made clear by a court case in 2008 from a Yakima couple that filed an injunction to have their names remain anonymous. The courts ruled against them.
On the plus side, there are no state or local taxes o lottery winnings in Washington, just Federal. Current one-lump-sum payout for the Mega Millions jackpot, after taxes, is $380 million. T’aint bad.
What in the world would you DO with it? You could live fine just off the interest that a fraction of it would accrue; but you’d still have so much money to get rid of.
Husband and I have been fantasizing tonight about all the good that the money could do, wisely spent....
I'm no good with odds, but IIRC, speaking of zero - you are just as likely to win with a ticket of 0-0-0-0-0-0-0-0 as you are a ticket with 4-21-63-14-57-81-19-8.
Even so - I just might go out an by a ticket. (Would be about the 6th ticket I've ever bought in my life!)
Pay off debts, obviously. That would eat only an utterly miniscule amount. Buy some property and build a house that works for us. Definitely give to some charities and organizations (yes, FR included). I’d also pay off debts for my family members (LEGITIMATE family members, not ‘long-lost Cousin Earl from Ottumwa’ who needs oh, only a couple million or ten...).
Beyond that, I don’t know.
Well, somebody’s eventually going to win
- and -
You gotta play to win!
Good Luck!
Me too. I’m dying at my age to disappoint two at once.
290 Mil in one lump sum. Misleading site, says “no state 5ax on winnings”.
TN has no state income tax on anything.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.