What would you do...
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02-02-2012, 09:17 AM
RE: What would you do...
I'd finish up my pilots license's and buy a shit ton of flying toys. My airport would be on a man made island shaped like a penis -- and when I got bored of flying I'd scuba dive Smile

Life is short and hard like a body building elf-- Blood Hound Gang
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02-02-2012, 09:17 AM
RE: What would you do...
Now that sounds fun!
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02-02-2012, 09:37 AM
RE: What would you do...
(02-02-2012 09:04 AM)Logisch Wrote:  Hahaha love the picture.

But once you buy a ridiculous house and cars and the money is gone, what money will maintain them? Also... what money will you pay property tax with for the rest of your life?

There is a reason most lottery winners go broke within several years. I suppose I'm a bit analytical but I like to think technically, that's enough to retire off of, so how would I make it last? Dividends and guaranteed interest can be nice.

100,000,000 taken in lump sum (screw annuity payments) would probably yield you half. 50,000,000 minus taxes at like 38% comes to about 31,000,000 take home. Even if I blew 5 million on a home, 3 million on cars, and another 3 million on bull shit that still leaves me with 20 million to invest and live off of. Even a 1% annual return would pay me like 200,000 per year. Less a 15% capital gains tax pays me 170,000 per year net. And that's with no mortgage or car payment. 14,000 a month in hand is a lot. A slightly higher return and I could be chillin on the golf course all week taking in 20 or 30 thousand a month. Or I could put 20 mil in a checking account and spend 400,000 per year for the next 50 years.

“Whenever you find yourself on the side of the majority, it's time to pause and reflect.”

-Mark Twain
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02-02-2012, 10:08 AM
RE: What would you do...
(31-01-2012 05:53 PM)Peterkin Wrote:  What would you do with $100, 000, 000 lottery prize?

If I won a cash prize of 100 million dollars, the first thing that I would do, would be to spoil my girlfriend beyond all belief. Then I would fly to Scotland and stay in the biggest castle there, for at least a week. I wouldn't be the person to go all out and buy a huge expensive house or car. I would rather just pay for my own house to be built: A cute little A-frame house with a bunch of land with an in-ground pool, pool house, and a little guest house. Then the rest of the money would go to my family, Lindsay's family, and charity.

"You don't disappoint me.... I think your much braver than you may believe."
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02-02-2012, 10:54 AM
RE: What would you do...
While paying off my house and going back to school and investing, I would also buy all the fanciest dijon ketchups and eat lots of Kraft dinners. I might buy you a green dress too (but not a real one, that's cruel!). Big Grin

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02-02-2012, 07:31 PM (This post was last modified: 02-02-2012 07:35 PM by GirlyMan.)
RE: What would you do...
(02-02-2012 08:07 AM)Unreal Wrote:  Change my phone number.
Change my address.

Now that you mention it, a name change also feels appropriate. Hell, I might ask WitSec for some advice.

Breathing - it's more art than science.
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02-02-2012, 08:27 PM
RE: What would you do...
Oh wait... 100,000,000? I read that as 1,000,000. I was off a few 00. Wow. Yeah... i'd still invest it, but would most definitely go a bit more ridiculous with another 99 MILLION dollars.
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02-02-2012, 10:40 PM
RE: What would you do...
My solution ignores taxes. after purchasing the island and gathering some kitties we become our own country and the silly foreign governments have no right to tax me =p

I'm not a non believer, I believe in the possibility of anything. I just don't let the actuality of something be determined by a 3rd party.
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03-02-2012, 07:55 AM
RE: What would you do...
(02-02-2012 10:40 PM)Lilith Pride Wrote:  My solution ignores taxes. after purchasing the island and gathering some kitties we become our own country and the silly foreign governments have no right to tax me =p

I fucking love cats.

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Here kitty kitty kitty.

“Whenever you find yourself on the side of the majority, it's time to pause and reflect.”

-Mark Twain
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