Powerball hits $450 Million

PopeyesPappy · January 06, 2016, 08:04:17 AM

Tonight's Powerball lottery is going to be worth about $450 Million. A single winner choosing the cash option should take home about $150 after taxes. What would you do with that kind of money?

josephpalazzo · January 06, 2016, 08:11:57 AM

Quote from: PopeyesPappy on January 06, 2016, 08:04:17 AM
Tonight's Powerball lottery is going to be worth about $450 Million. A single winner choosing the cash option should take home about $150 Million after taxes. What would you do with that kind of money?

FIFY

PopeyesPappy · January 06, 2016, 08:17:00 AM

oops

josephpalazzo · January 06, 2016, 08:19:34 AM

t's okay, I wouldn't know what to do with that kind of money, why I don't buy lottery tickets, I'm too afraid of winning...;-)

drunkenshoe · January 06, 2016, 08:30:22 AM

It's too much. Nonsense. I wouldn't want it.

Shiranu · January 06, 2016, 09:07:32 AM

Buy myself a nice car or three... give my family a nice home... then store a couple mil to travel the world on and donate the rest.

stromboli · January 06, 2016, 10:13:21 AM

If I won that amount I'd probably give most of it away, first to family and then to worthy charities or whatever. If Bernie Sanders got the nod for the Democratic Party, would probably give him a bunch of money.

At my age it would just be bucket list money. Don't need a mansion or Ferraris. I already own most of what I want to own. Would like to go back and take a motorcycle tour of Scotland and probably go to New Zealand and Australia. It wouldn't actually alter my lifestyle all that much.

GSOgymrat · January 06, 2016, 10:16:01 AM

I have zero desire to have that amount of money. That much money is far, far too much for one person and I would feel obligated to maximize it to benefit others, and I don't want that responsibility. Other people would appreciate it more. I wouldn't say no to $100,000 though!

stromboli · January 06, 2016, 10:19:14 AM

Quote from: GSOgymrat on January 06, 2016, 10:16:01 AM
I have zero desire to have that amount of money. That much money is far, far too much for one person and I would feel obligated to maximize it to benefit others, and I don't want that responsibility. Other people would appreciate it more. I wouldn't say no to $100,000 though!

That is pretty close to my thoughts. I could buy a new vehicle and maybe a motorcycle and that would be it. Wife and I do what we want and have most everything we need, and other than travel money that is about all I'd want.

SGOS · January 06, 2016, 10:28:10 AM

Quote from: PopeyesPappy on January 06, 2016, 08:04:17 AM
Tonight's Powerball lottery is going to be worth about $450 Million. A single winner choosing the cash option should take home about $150 after taxes. What would you do with that kind of money?

Ooooh! I have a feeling like I would win it if I bought a ticket. I feel it in my bones. Yessiree, this is gonna be my lucky day. I just know I'll win this time.

QuoteGymrat: I have zero desire to have that amount of money. That much money is far, far too much for one person and I would feel obligated to maximize it to benefit others, and I don't want that responsibility. Other people would appreciate it more. I wouldn't say no to $100,000 though!

Actually, I have little desire. Certainly don't need it. Yeah, OK, I'd like it, but not enough to actually do something to get it. Anyway, $450 million dollars?? Hell, that's hardly enough to buy a ski area for your own private use. $450 million doesn't buy hardly anything these days.

PopeyesPappy · January 06, 2016, 10:52:37 AM

What to do with $150 million is the kind of problem I could deal with. In fact I have a plan. First give 3/4 of it away. My brother, sister and parents each get a 1/4. Mom and dad would probably share half or more of theirs with their 11 brothers and sisters. Everybody gives 10% off the top to a family charitable foundation. Next I buy an RV (probably a toy hauler) load up the GF, dog and Harley and hit the road. I'd like to hit every National Park. While I'm doing that I'd be looking for some Lake front property. 10 to 20 acres or so. Big enough to build a nice, but not huge house plus a garage, (big enough to hold a few toys) shop, (I want to build some of my own furniture) barn (for the critters) and a green house. That should leave some land for an garden, orchard and some pasture for the critters. Hire a couple of people to take care of the place while we aren't there and live happily ever after.

stromboli · January 06, 2016, 11:45:51 AM

Quote from: PopeyesPappy on January 06, 2016, 10:52:37 AM
What to do with $150 million is the kind of problem I could deal with. In fact I have a plan. First give 3/4 of it away. My brother, sister and parents each get a 1/4. Mom and dad would probably share half or more of theirs with their 11 brothers and sisters. Everybody gives 10% off the top to a family charitable foundation. Next I buy an RV (probably a toy hauler) load up the GF, dog and Harley and hit the road. I'd like to hit every National Park. While I'm doing that I'd be looking for some Lake front property. 10 to 20 acres or so. Big enough to build a nice, but not huge house plus a garage, (big enough to hold a few toys) shop, (I want to build some of my own furniture) barn (for the critters) and a green house. That should leave some land for an garden, orchard and some pasture for the critters. Hire a couple of people to take care of the place while we aren't there and live happily ever after.

Please visit the 14 national parks that I've already been to so I won't get stuck behind your RV on the road. :38:

Yeas, West Coast definitely. Want to travel from San Diego all the way North to Washington. We were hoping to take a 3 week trip this year, but with my wife's declining health ended up with mucho unforeseen doctor bills and we decided to sit on it for a year. Yosemite, Sequioa forests, Crater Lake and as much of Oregon as I can see- we have family in Washington and Oregon. Maybe get adventurous and do some fishing and snorkeling on the Puget Sound.

But Scotland would definitely be on my bucket list. Was fortunate enough to do some driving through the Highlands and that is some of the most amazing scenery on the planet. A dream trip would be on a motorcycle from Aberdeen up to the Orkney Islands and take as many ferry rides along the coast as you can. Stop at Edinburgh and revisit Glasgow. And New Zealand if possible.

josephpalazzo · January 06, 2016, 11:56:59 AM

Those who think they would know what to do with that kind of money are delusional. There are hundreds of such people who ended up wrecking their lives. If you think you're smarter than these people, then that would be your first mistake. Whatever plan you may have, forget it, once you win, you enter the twilight zone. Be thankful that the odds of you winning are against you.

PopeyesPappy · January 06, 2016, 11:59:56 AM

Quote from: stromboli on January 06, 2016, 11:45:51 AM
Please visit the 14 national parks that I've already been to so I won't get stuck behind your RV on the road.

Not to worry. The 45 footer I want is best parked outside the parks, and the F450 with 860 lb/ft of torque I want should be able to move it down the road at a reasonable pace.

Gawdzilla Sama · January 06, 2016, 01:06:02 PM

It will be close to half a billion dollars by drawing time. If nobody wins it will be silly season at the point of sales.

I could use the money, I turn 65 next week and my retirement plans consist solely of winning the lottery. They can hurry up with that, if you please.

News:

Powerball hits $450 Million