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Author Topic: What would you do with 479M? [Locked]
Gaevren  4 stars
Title: Wat do?
Posts: 1,181
Registered: 2004-9-15 09:29:36
Reapist posted:

For charity we already know we would give to Make-a-Wish and St. Jude's.



St. Jude's is one of my favorites. I would definitely donate to them. I've only heard good things about Make-a-Wish but I don't know anything beyond the stuff you hear occasionally in the media.

 

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Reapist  4 stars
Title: Official ACF HIOFI Poster
Posts: 4,367
Registered: 2001-12-20 03:56:16
Gaevren posted:

Reapist posted:

For charity we already know we would give to Make-a-Wish and St. Jude's.



St. Jude's is one of my favorites. I would definitely donate to them. I've only heard good things about Make-a-Wish but I don't know anything beyond the stuff you hear occasionally in the media.



Make-a-Wish can't be bad. They have terminal patients and grant them one doable wish before they die.

 

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uglydwarf  1 star
Posts: 129
Registered: 2005-2-4 08:37:07
just heard on the news it's up to 540 million. biggest jackpot ever. it comes to about 10-12 million a year for 30 years after taxes. when i win it, i'll have a cake made, in the shape of a toilet. white chocolate seat and lid, lower part a nice 4 layer white cake shaped like the bowl. in the middle of where the bowl is would be a deuce shaped piece of dark mousse, with I QUIT spelled out in peanuts on it. i'd take it to work and put it on my manager's desk.


TheUnholyGhost posted:

It's estimated over $500 million.

Soooo, $290 million in lump sum.
Take $200 million off the top, and if you make the right investments, you should be able live off the $12 million interest per year, reinvesting that $12 million to make your money grow, and paying property taxes, etc.

With the remaining $90 million, I'd allocate $20 million to friends and family. ($1 million a piece, tops, f those bitches)

$10 million for the house I have my eye on.
$20 million for various other houses: Flagstaff, Alaska, Hawaii, London.

$30 million allocated in trusts for my boys, nephews, etc.
$5 million for the underground "End of Days" bunker in my Flagstaff home, that includes weapons, gasoline, bunker, food, water, geo-thermal heating/cooling, solar energy, backup-generators, etc.

That will leave $25 million for various employees (cooks, maids, golf instructors, personal trainers, hookers), trips to England, Scotland, Greece, Cyprus, assorted toys, misc golf trips all over the world....etc.

I haven't really thought about it much.
JD_HOGG  4 stars
Posts: 2,846
Registered: 2008-3-18 08:04:21
Everyone in this thread would be bankrupt in less than 24 months.
HeartView  4 stars
Title: Be right back...
Posts: 1,209
Registered: 2001-12-20 08:11:56
JD_HOGG posted:

Everyone in this thread would be bankrupt in less than 24 months.



Not me because I wouldn't be dumb enough to take the lump sum.

 

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Dark_EternalFF  4 stars
Title: Official ACF Turd
Posts: 1,838
Registered: 2002-11-8 22:44:06
Honestly, I'd be pretty happy with 2nd place ($250k). More than enough scratch to pay off what little debt I have, vacation/play money, and house purchase. Plus, far less people at my door whining for money.

 

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TheUnholyGhost  2 stars
Title: Mr. Subtle
Posts: 271
Registered: 2000-4-4 13:21:40
uglydwarf posted:

just heard on the news it's up to 540 million. biggest jackpot ever. it comes to about 10-12 million a year for 30 years after taxes. when i win it, i'll have a cake made, in the shape of a toilet. white chocolate seat and lid, lower part a nice 4 layer white cake shaped like the bowl. in the middle of where the bowl is would be a deuce shaped piece of dark mousse, with I QUIT spelled out in peanuts on it. i'd take it to work and put it on my manager's desk.



If you take the annuity instead of a lump sum, you're insane.


If it's above $540 million, that's a lump sum over $320 million. If you only invest $200 million of that, leaving $120 million to play with, you'll make $12 million+ a year in interest alone.

 

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_Alexandra_  2 stars
Title: Lady of the Spatula
Posts: 429
Registered: 2000-6-12 10:58:38
Make sure my kids are taken care of, our retirement taken care of, and that my parents have everything they need in their old age, then give the rest away.

I have everything I need.

 

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TheUnholyGhost  2 stars
Title: Mr. Subtle
Posts: 271
Registered: 2000-4-4 13:21:40
I'd buy reaaaally big rubber boots. To wade through all ^ that BS.

 

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FineYoungCannibals  4 stars
Title: Top of the food chain
Posts: 1,620
Registered: 2003-7-14 19:17:12
i would buy Detroit and with the $478.99 million i have left i would have a party

 

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