Hey Powerball Winner. What Will You Do With That Money?

Topic 12365 | Page 3

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Phox's Comment
member avatar

I really don't know what I would do if I won the powerball... it's crazy how high it is right now

but for the fun lets figure out what we wuld actually get... if we won

Lump sum would be (approx) $558,000,000.00 / $337,032,000.00 (after 39.6% federal tax)

30 years of payments (approx) $30,000,000.00 / $18,120,000.00 (after 39.6% federal tax)

I think I could be quite happy with 30 years of $18 mil.

Just because I could I would probably buy a house in every single state and probably rent most of them out. I would donate at least 1/4 to a variety of my favorite charities, I'd go on a world cruise. Maybe buy my own truck and trailer and just haul loads when I want to. with that much money I can be as picky as I want.

I'm honestly out of ideas on how I would spend the rest. Way more money then I could ever need. just one of those payments could last me the rest of my life. I'd probably hire a couple accountants, separate firms blind of each other. For the purpose of keeping tabs on my expenses and bills and what not but the blind part is so if something "fishy" happens because of the other, the other one can let me know and also because they are blind of each other they would not be in it together. Have them sign legally binding contracts of keeping hush hush and stuff.

I would probably pay off everyone in my family's debt.... except my dad's but that's another story for another time... I'll leave it at the fact that he doesn't deserve my help.

I'm curious if the powerball can go into the billions and if the signs we have here in Texas have the ability to do so... they only got space for 3 digits but there's a smaller spot that says millions, I wonder if that can change to billions.

HOS:

Hours Of Service

HOS refers to the logbook hours of service regulations.
James R.'s Comment
member avatar

Well if you go to powerball.com you'll see that there was no winner and the new estimate is 1.3 billion.

Errol V.'s Comment
member avatar

Winners are: 16 19 32 34 57 Powerball 13

25 tickets hit all 5 with no PB. They are Millionaires.
No winners/projected jackpot on Wednesday is $1.3 Billion (with a B). Please submit your resume again.

OK, everybody back into their trucks.

BMI:

Body mass index (BMI)

BMI is a formula that uses weight and height to estimate body fat. For most people, BMI provides a reasonable estimate of body fat. The BMI's biggest weakness is that it doesn't consider individual factors such as bone or muscle mass. BMI may:

  • Underestimate body fat for older adults or other people with low muscle mass
  • Overestimate body fat for people who are very muscular and physically fit

It's quite common, especially for men, to fall into the "overweight" category if you happen to be stronger than average. If you're pretty strong but in good shape then pay no attention.

Phox's Comment
member avatar

Winners are: 16 19 32 34 57 Powerball 13

25 tickets hit all 5 with no PB. They are Millionaires.
No winners/projected jackpot on Wednesday is $1.3 Billion (with a B). Please submit your resume again.

OK, everybody back into their trucks.

Sorry I'm still waiting on my (school training) drive schedule for this week :P I can't get back in till I have it... Guess I'll just continue dreaming of what would happen if I win 1.3billion

BMI:

Body mass index (BMI)

BMI is a formula that uses weight and height to estimate body fat. For most people, BMI provides a reasonable estimate of body fat. The BMI's biggest weakness is that it doesn't consider individual factors such as bone or muscle mass. BMI may:

  • Underestimate body fat for older adults or other people with low muscle mass
  • Overestimate body fat for people who are very muscular and physically fit

It's quite common, especially for men, to fall into the "overweight" category if you happen to be stronger than average. If you're pretty strong but in good shape then pay no attention.

Serah D.'s Comment
member avatar

double-quotes-start.png

I wouldn't want that money, it would corrupt the heck out of me and change me into a person I never want to become.

double-quotes-end.png

I know, right?? I have nightmares of conspicuous wealth. I WOULD take the money on condition of perfect anonymity, but then I'd get help finding the best way to invest it back into global society before greed destroys me -- and not give it to family because they would never learn that I won & are just fine anyway. Good thing there's virtually no chance of winning :)

So sorry. Brett, l hit report button by mistake. Wanted to ask a question. Would they agree to anonymity?

J Johns's Comment
member avatar

Google the powerball website and click on their 'winner's stories' link. I'm estimating a 10th of the winners accept the money but are listed as 'anonymous', probably through the help of an attorney.

G-Town's Comment
member avatar

Although it will never happen, the first thing I would do is hire an accountant to manage the mess that I just won and place an attorney on retainer. Second thing, hide for several months on a secluded island until the smoke cleared and the feeding frenzy subsided.

Third, purchase and professionally restore a couple of historic trucks, probably a 70's small window twin-stack Pete 359 and a late 60's Brockway Husky with a Detroit 12V, buy a decent drop-deck trailer to haul them and a new tricked-out Pete tractor for power, tour the country during the spring and summer showing the restored trucks. Call me a truck geek, but that would be my idea of fun.

Livin' large in the Peter-car.

OWI:

Operating While Intoxicated

Miss Miyoshi's Comment
member avatar

After setting up close friends and family for life, I would travel the world and see the countries I haven't been to yet, finally visit Alaska, buy a bunch of land and also build a rescue center. I would concentrate on small dogs, cats, and small critters. I would continue to travel around the world a bunch of times. I would set up endowment funds for other rescues throughout the US, the local PBS radio and TV stations, the local performing arts community, local homeless shelters, and local women's crisis center and hotline. If there aren't any of these services available I would set them up.

RebelliousVamp 's Comment
member avatar

I'd place the principal and never touch it. Ever. Just the interests collected makes you a multi millionaire, and if you don't go crazy, you can actually accumulate them and become even richer. My descendants futures would be assured.

I'd live comfortably, but cozy. Log home in the mountains and one on the ocean. I'd have a few nice toys (truck, boat etc)

Then I'd use some of my money to help the less fortunate. Homeless children, animal rescues, etc and travel the world to give back here and there where ever it's needed. I'd also fund my own researches and hire researchers to find cures to different illnesses.

When you have that much money, you don't keep it all to yourself. That would be terribly selfish.

RebelliousVamp 's Comment
member avatar

Ha. I forgot to mention....I'd also want to help create more energy that is safe for Mother Nature.

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