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-   -   The Powerball is 200 million. If you won you would... (https://www.ft86club.com/forums/showthread.php?t=3585)

merlin2111 02-04-2012 11:48 PM

The Powerball is 200 million. If you won you would...
 
So the Powerball is currently at 200 million. You would take home around 150mil. What would be the first 5 things you would do? Rub it in your bosses face, buy a lambo, pay off your house, buy a mansion, buy an FRS/BRZ in every make and model? What would your first five purchases or actions be?

Re_Invention 02-05-2012 12:11 AM

Get the best financial advisor money could buy. The culture shock (my parents are immigrants who did the whole work 2 jobs and sacrifice everything for their children bit) would be too great, it would take a while to become 'comfortable' or stable.

With a more manageable number, let's say $20 mil take home after taxes and cash out from structure settlement (JG Wentworth?) I would give:

Hire a financial advisor as well.
Put aside $250,000 for fee's and BS
Give $500,000 to charity, $250,000 to friends and family
Parse $5 million between Brother, Father and Mother

Buy property with $10 million and rent it out.

Sit $2 million in a bank for any unforeseen charges and/or hardships

$1 million for a home, $200,000 for toys, $700,000 to live comfortably - finish a Phd - travel modestly and sporadically for the next 7 years...

Something like that.

Dark 02-05-2012 12:17 AM

Buy a ten bedroom house with pool(2mil), build a 5km racetrack in Cambodia as investment(10mils), buy LFA and Konigsegg Agera(2mil), and buy stake in a potential company(20mil). There is still more than 100 mil left.

Giccin 02-05-2012 12:21 AM

Pay off my parent's house and buy another for them somewhere where they can finally relax.

Kick my married-in-aunt and not give her anything.

Buy some property (apartments/condos/homes/couple government homes) and rent them out.

Buy the BRZ.

Pay off BF's debt.

Buy Superautobachs and remake it.

Finish School (Just want my master's.)

Travel.

Create a 1 million dollar scholarship program that gives kids $5k a year for whatever the hell they want.

So many things... But like the saying goes... "more money, more problems."

#87 02-05-2012 12:24 AM

I would pay managers to "hire" me. They would then choose their worst employee to train me and I would make their day a nightmare. It's an idea I thought of after seeing some really bad employees in various jobs I've had.

I think I would try to keep it a secret from my family because financially we are already scattered on quite the range of income, from welfare to doing well. It would cause too much drama.

I don't like the conventional idea of donating money so I would find a way to create some type of not for profit organization that could provide a steady job for some deserving individuals.

For myself the main thing I would love to have is a personal chef and personal trainer and training facility. In free time I'd take driving school.

merlin2111 02-05-2012 12:49 AM

Wow a lot of people say they would finish school. I find that impressive and inspiring. I only have 3 months left so I would finish up but I dont think i would go on to get the additional masters I was planning on.

Also, it is very hard to keep the fact that you won a secret. Most states have mandatory press releases ect. And you know that ish would get on fb and everyone would know.

Snoopyalien24 02-05-2012 01:00 AM

Pay Parents house, and buy my parents a new one for fun anywhere they wanted with any car they wanted. Give them 100K to spend on whatever.

Buy old skool cars, like collectable muscle. Maybe have like ~10.

Buy myself a house and a Benz SLS AMG, LFA, GTR, Ken Gushi's FRS

Pay off school

Donate a lot to charity and stuff.

Buy a 10k camera for pictures

Buy a bunch of houses and rent them out.

Invest in gold (muahaha)

Hire trainers, nutritionest, own some sort of store of something

Dark 02-05-2012 01:03 AM

Quote:

Originally Posted by merlin2111 (Post 127363)
Wow a lot of people say they would finish school. I find that impressive and inspiring. I only have 3 months left so I would finish up but I dont think i would go on to get the additional masters I was planning on.

Also, it is very hard to keep the fact that you won a secret. Most states have mandatory press releases ect. And you know that ish would get on fb and everyone would know.

I'm didn't mention about finishing my degree because I will never quite until I get my master. LOL Like you said, I also find that inspiring.

Sparkplug 02-05-2012 01:35 AM

Reinvest more money with my private banking options... I recently sold a house I inherited, and actually do have my own advisor/broker at my bank. Probably get into their even more exclusive banking arena, and throw them even more money. Not sure on the overall amounts, and I'd disperse most of the money throughout various accounts based on risk.

I'd only take 500,000 dollars out initially. Perhaps buy myself a new Porsche 991 Carrera S. Take a long vacation to Antigua for about a month or so.

Maybe I'd hire some help too... being that I'm self-employed now.

Xiao 02-05-2012 01:43 AM

I'd give my parents $10 mill
Give $10 for my girlfriend and her mom and brother
Pay off school (Med school isn't cheap but then again, what is?)
Invest in a Roth IRA
give 2 million to charity
buy a few nice carrs (LFA, NSA, Zonda)
I always wanted to go sight seeing, so travel.

The rest of the money, will sit inside a swiss bank account. :Thumbsup:

Dark 02-05-2012 02:45 AM

Quote:

Originally Posted by Xiao (Post 127392)
I'd give my parents $10 mill
Give $10 for my girlfriend and her mom and brother
Pay off school (Med school isn't cheap but then again, what is?)
Invest in a Roth IRA
give 2 million to charity
buy a few nice carrs (LFA, NSA, Zonda)
I always wanted to go sight seeing, so travel.

The rest of the money, will sit inside a swiss bank account. :Thumbsup:

That's just so mean. :lol:

Snaps 02-05-2012 02:50 AM

Buy a property overseas somewhere, build my own private racetrack and buy an LFA. Then put the rest into the bank until I decide what to do with it without losing all of it...

old greg 02-05-2012 02:53 AM

1. Buy sailboat
2. Go exploring.
3-5. Who cares? :D

serialk11r 02-05-2012 03:26 AM

Quote:

Originally Posted by merlin2111 (Post 127363)
Wow a lot of people say they would finish school. I find that impressive and inspiring. I only have 3 months left so I would finish up but I dont think i would go on to get the additional masters I was planning on.

Also, it is very hard to keep the fact that you won a secret. Most states have mandatory press releases ect. And you know that ish would get on fb and everyone would know.

Really? I know if I suddenly didn't have to worry about money, I would focus extra hard and try to get into top Ph.D. program and all, instead of thinking about a job or something.

Since I'm currently a student, probably wouldn't change much. But I'd buy a car, and give money to my parents and stuff.


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