Jackpots and strippers
ReadyPayerOne
Mega Millions jackpot is at $550 mil. If you won it, the lump sum after-tax payout could set up quite the nice recurring stream of annual income. When the jackpots climb to these levels, I admit I find myself daydreaming about what winning it would mean for my lifestyle, including my strip club hobby. So I figured I'd throw out a two parter:
1) do you play the large jackpot lotteries like powerball and mega millions?
2) if you won it big, which of these would you choose:
A) opening up the strip club of your dreams. You choose the decor, music, and of course, the girls that get hired.
B) You'd just spend it in the clubs that are already out there, and you'd have quite the formidable clubbing budget.
C) use it to turn your ATF into your sugar baby / mistress. Her annual salary would be enough to make her accessible to you whenever you wanted, reliable, and exclusive - you'd be her only paying customer. It might take your willing suspension of disbelief for this one, but since we're already in fantasy land with this question...
You can only afford one of the three. After all, you'd only be a multi millionaire. Not a billionaire.
1) do you play the large jackpot lotteries like powerball and mega millions?
2) if you won it big, which of these would you choose:
A) opening up the strip club of your dreams. You choose the decor, music, and of course, the girls that get hired.
B) You'd just spend it in the clubs that are already out there, and you'd have quite the formidable clubbing budget.
C) use it to turn your ATF into your sugar baby / mistress. Her annual salary would be enough to make her accessible to you whenever you wanted, reliable, and exclusive - you'd be her only paying customer. It might take your willing suspension of disbelief for this one, but since we're already in fantasy land with this question...
You can only afford one of the three. After all, you'd only be a multi millionaire. Not a billionaire.
26 comments
If I won...I would invest it all in realestate then use those profits as my clubbing budget
Someone has to win......
My nightmare would be having one of the 50,000 winning tickets, LOL!
2. D, go back to school.
I don't think I'd open a club with the money. Other investments have much better return, I think.
I won't give up any points in my company but for a $100,000,000 loan I could see myself clear to paying 7.5% interest for five years.
Just rename your company to something like "Farmerart's Solar Panels, Wind Farm, and Electric Catch On Fire Car Company and the obama will send you buckets of cash!
Occasionally, when high enough. IF lucky...then:
1. I'd disappear into my own special built "castle"
2. Avoid Nicholas Van Orton's fate
3. ELIMINATE certain things
4. ENJOY exactly what I like until...
5. Visit a club a week & be King have them KISS my ass like one other member - LMFAO!
The lump sum cash payment is ~$300 mil. Fed, state, and city taxes would probably take around 45%, leaving one with about $165 mil. I figure earning 4% pretax via dividends and interest should be doable resulting in annual income of $6.6 mil. Dividends get taxed at lower rates than wages, let's use 30% for the heck of it. So after tax annual income of $4.6 mil. Or, $88.5 k a WEEK. Like someone pointed a firehose at you that sprayed cash.
One could use some part of the winnings to start up your own club and then as long as it was at least break even, who cares? On $4.6 mil a year, you could then fund all the club fun one wanted, and put the ATF on the payroll. if she'd be amenable to it. You'd probably need to issue her a w2. I'd love to see the occupation listed on that tax return.
With all that being said - I'd also opt for B. Most variety, least hassle.
Option A - I love it when I find a club where everything clicks for me - the music, the stage/bar/seating setup, the type of girls that work there. So on the surface I would find it a fun idea to create your own club, but ultimately it's probably more trouble than it is worth when you think about the hassles of running a business, dealing with law enforcement, maybe organized crime, etc.
To be honest, I was a little surprised only one person went with Option C. I know this is a cynical bunch where I imagine many have some personal mantra along the lines of "don't get attached, she's a stripper and it's all about the money" but I would have thought more would have found that option tempting. After all, for those of us that have them, they're our ATFs because there's something they provide that we like getting over and over again.
Right.