Following up to Jack's last discussion:
What would you do if you won a big lottery?
1} Hire a good attorney to keep my name out of the news (legal in most states)
2} Keep a low profile for a while and not significantly change my life style until things settled.
3} Quietly retire withing the year
4} Pay off any debts and start a new career (sitting on my ass would drive me to drinking) maybe like professional club reviewer.
5} Buy a new car.
Comments
last commentBuy the right to RickyBoy's The System and turns those millions into billions!
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Join Sanjoselloyds organization and become an extreme political activist.
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Your 1-5 plus:
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Fund the 10th Crusade. Deus Vult!
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1-8, inclusive, plus:
9. Donate generously to worthy charities
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...plus 10....
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Hmmm... win say $10mil, so that's 6.5ish after taxes?
Things I'd do within the first month, not necessarily in this order.
There's lots more serious stuff to do after that first month, but the kids' modest toy shopping spree, and my buddies' SC and OTC blowout(s), are musts, ASAP
In the next month, there's plenty to do: start investing the money to protect and grow it, more serious purchases, charity and social movement contributions, figure out if I want to take one of my current hobbies and turn it into a little side job, etc.
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I would do 1 and 2. I would want to keep a low profile so "friends" and con men would not try to take my money.
I'm already retired and debt-free. And I bought a new BMW this year.
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I'd touch almost none of the winnings.
using the guy from the other thread as an example, take the cash option and after taxes he would have about 60 million. Invested in a diverse portfolio of ETF's, mutual funds and rental property he could have an income of 3 or 4 million a year and he would never go broke. he could double or triple that if he didn't want to leave anything behind.
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I would do all your steps...
I have always thought I'd go buy a big SUV and for the country trying to find a place to buy a 2nd and maybe 3rd home - I figured it would take me a year.
Then I'd go sit on my ass for awhile, and relax, whether it be 3 months or 3 years I'm not sure, when I would get bored I would open a small business, as long as I break even I'd be satisfied with it.
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Payoff debts.
Buy some land.
Upgrade business equipment.
Keep doing what I do. I love my work
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Thanks for reminding me I need to buy lottery tickets. ; )
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I take crazyjoes "upgrade business equipment" to mean upgrade to two ply or quilted toilet paper.
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^^^ you got it
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Spend a year hitting SCs across the country then figure-out/start-learning how to possibly increase it and not just sit on it (but I'd take it little by little rather than risk large amounts while I'm learning, perhaps I'd invest in real-estate including commercial)
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Instead of buying lottery tickets, I'm spending my disposable income at strip clubs. I figure that I am coming out ahead.
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Eveything that's been mentioned, especially 1 and 2.
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Larryfisherman would buy Mrs Pauls!!!!!
Imamutt would give every penny to his psycho ATF
Juice would make the best rap album ever with guest appearances by The eurythmics, Boy George, Twisted Sister, Debbie Gibson and Rick Astley.
Jackslash would make the first ever strip club that dads could bring their kids to and drop them off at the adjacent daycare center.
Lloyd would buy all the silver duck tape he could fit in his basement.
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A FOOL and his money are soon parted.
I would not be a FOOL sir!
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I'd hire Dougster to invest it all.
And then I'b bankroll all of Juice's poker tournaments.
Lastly, I'd invest in Plastics...
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^^Plastics son is the future.
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First things first
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I'm waiting to hear WWJD...
Or, What Would Juice Do????
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first class ticket to Frankfurt, pickup LG on the way, sauna club crawl
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3a. 2.5% in an aggressive fund.
3b. 5% in a moderate fund.
3c. 2.5% in a conservative fund.
If the aggressive fund reaches 150%, put 50% of it in savings. If the moderate fund reaches 125%, put 25% of it in savings. If the conservative fund reaches 112.5%, put 12.5% of it in savings.
6a. A house around the 75th percentile of cost in my market.
6b. A car around the 75th percentile of cost.
6c. Education or training for a better career or more fulfilling hobbies.
6d. A personal trainer, gym membership, or workout equipment to de-fatten my ass.
6e. Other investment or business opportunities such as buying property, buying a turnkey business, or starting my own business.
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War hawk LMFAO
I would def get an attorney to keep my new found wealth a secret
I would be rolled very deep for high stakes poker by using a small percentage of the winnings.So I would move out to Vegas/California to become a poker Pro.
Invest in the market and let compounding interest do it's Magic with a large percentage of the winnings.
Figure out a lifetime budget for strip clubs so I would have enough to last me into the grave lol.
Would help fund new churches and spreading of the word of God
Would also help out homeless shelters, widows and orphans and partner with any organization that has a mission to help these situations
Single mothers and young college girls would be my number one and largest charity contribution doh
My all the new Xbox games and get drunk every night with four loco and some tositoes
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I would pound some fat white ass that wouldn't give me the time of day otherwise.
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Oh, and drive a Pinto backwards through traffic.
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fuck tha poleeece i eat stripper ass like im tha human centipede!
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Best if I don't win
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