close

Privacy guaranteed - Your email is not shared with anyone.

POWERBALL - What would you do with $500,000,000?

Discussion in 'The Okie Corral' started by inthefrey, Nov 28, 2012.

  1. inthefrey

    inthefrey Moved on...

    Joined:
    Jul 3, 2009
    Messages:
    6,652
    Likes Received:
    1,693
    Location:
    Western Pennsylvania
    Okay, let's hear the dreams...:wavey:

    Pay off family debts
    Fix up the local church
    Donate a bunch to several charities
    Buy some gold
    BUy a moderate-size boat and live on it
     
    Last edited: Nov 28, 2012
  2. devildog2067

    devildog2067

    Joined:
    Apr 20, 2005
    Messages:
    16,325
    Likes Received:
    1,125
    Location:
    Chicago

  3. USMCsilver

    USMCsilver Boat Life ©

    Joined:
    Oct 8, 2001
    Messages:
    13,016
    Likes Received:
    146
    Location:
    Middle of SC
    I couldn't even fathom, and that's the truth.

    The possibilities are litereally endless.
     
  4. F14Scott

    F14Scott Luggage CLM

    Joined:
    Sep 13, 2001
    Messages:
    4,600
    Likes Received:
    1,108
    Location:
    Katy, TX
    Well, first thing, I'd want to pay about $200,000,000 in taxes. Have to pay my fair share...
     
  5. jakebrake

    jakebrake cracker

    Joined:
    Jan 11, 2011
    Messages:
    7,925
    Likes Received:
    10
    Location:
    too close to philly
    no debt for close family or friends.
    help a few local churches
    college education trust funds for family members
    a large chunk of land
    a lot of very interesting firearms.
     
  6. TeeJay37

    TeeJay37

    Joined:
    Jun 4, 2012
    Messages:
    491
    Likes Received:
    1
    We were just talking about this at work. I could probably pay of my wife an my school loans, our house any credit cards our parents land and buy new cars and we'd still have 499 mil.

    I think I'd build an underground gun vault. And then, of course, fill it.
     
    Last edited: Nov 28, 2012
  7. GLWyandotte

    GLWyandotte Señor Member

    Joined:
    May 31, 2011
    Messages:
    4,841
    Likes Received:
    84
    Location:
    Somewhere Between Heaven and Hell
  8. czsmithGT

    czsmithGT

    Joined:
    Jan 8, 2004
    Messages:
    12,500
    Likes Received:
    2,926
    Give every friend I have a bunch of money and buy a penthouse condo in NYC and a house in San Diego.
     
  9. stolenphot0

    stolenphot0 RTF2 Addict

    Joined:
    Jan 26, 2012
    Messages:
    5,432
    Likes Received:
    31
    Location:
    Kettering, OH
    Build a compound on 2500 acres and hire ninjas to protect it.
     
  10. devildog2067

    devildog2067

    Joined:
    Apr 20, 2005
    Messages:
    16,325
    Likes Received:
    1,125
    Location:
    Chicago
    Taxes and a new jetliner would blow through $500M inside a couple of weeks.

    I'm not saying that's what I'd go spend it on, but I can think of some big-ticket items that would burn through the remaining $300M after taxes pretty quick...
     
  11. inthefrey

    inthefrey Moved on...

    Joined:
    Jul 3, 2009
    Messages:
    6,652
    Likes Received:
    1,693
    Location:
    Western Pennsylvania

    I'll bet! You could make one heck of a down payment on that new, backyard LHC!:supergrin:
     
  12. Sharkey

    Sharkey

    Joined:
    Nov 21, 2006
    Messages:
    7,556
    Likes Received:
    1,964
    Location:
    DFW, TX
    Give it all to charity - namely the fed. Govt. they need help with spending. A good lib would do that.
     
  13. jakebrake

    jakebrake cracker

    Joined:
    Jan 11, 2011
    Messages:
    7,925
    Likes Received:
    10
    Location:
    too close to philly
    :rofl::rofl::rofl:
     
  14. IndyGunFreak

    IndyGunFreak

    Joined:
    Jan 26, 2001
    Messages:
    26,590
    Likes Received:
    1,830
    Location:
    Indiana
    Even though I know I'm wrong... I'd like to think my life wouldn't change that much.

    I imagine we would both still keep our jobs, as we both enjoy our work. Unfortunately given the liabilities of both of our jobs, that may not be possible. If by chance someone found out about our wealth, I'd get sued constantly (her maybe not so much, but it'd be a risk). Since we're renting right now after recently selling, we'd probably buy another house (but that's not a huge deal, as we're planning to buy in the spring/summer anyway). I guess it would definitely change what we bought, and I'd have the most awesome underground range in history...lol.

    I'd definitely help family, some charities, etc..

    I doubt I'll ever know. I don't play the lottery, but I figured 500 million, was worth a $2 gamble.
     
    Last edited: Nov 28, 2012
  15. harlenm

    harlenm Millennium Member

    Joined:
    Jul 20, 1999
    Messages:
    9,611
    Likes Received:
    562
    Location:
    CT
    Cash value is $360 milion, after taxes you'd probably have about $220million.

    Still a ton of money.

    Probably will be multiple winners and will have to split it.
     
  16. Gareth68

    Gareth68

    Joined:
    Mar 19, 2007
    Messages:
    3,249
    Likes Received:
    110
    Location:
    Missouri....West of Mexico
    I'd buy a small hill (bare min 20-30 acres) with a good water source in a low tax state with a 3 BR cabin on top and a 40 x 60 shop with a nice lift.

    I would invest enough locked down and untouchable to ensure I would have $100k a year for life.

    Then I would start building toys and taking vacations.

    If I managed to blow through everything, I would live a wonderful retired life with a reasonable income and lovely spread.
     
  17. IndyGunFreak

    IndyGunFreak

    Joined:
    Jan 26, 2001
    Messages:
    26,590
    Likes Received:
    1,830
    Location:
    Indiana
    :rofl::rofl:
     
  18. USMCsilver

    USMCsilver Boat Life ©

    Joined:
    Oct 8, 2001
    Messages:
    13,016
    Likes Received:
    146
    Location:
    Middle of SC
    LOL, reckon I shoulda said "within reason". :)

    I'm more of a small-scale guy. Supercars, superbikes, superboat... An ultra-modern house on a large piece of land, and one helluva gun range.
     
  19. jp3975

    jp3975

    Joined:
    Nov 13, 2008
    Messages:
    7,395
    Likes Received:
    457
    Location:
    Texarkana, Tx
    Id buy every gun I ever wanted.

    Travel all over the world.

    Open/buy a winery/distillery.

    Give friends/family a million or so each.
     
  20. Bruce M

    Bruce M

    Joined:
    Jan 3, 2010
    Messages:
    46,277
    Likes Received:
    20,233
    Location:
    S FL
    I would give Frank a tablet from the several (many) dozen I bought - most of which would be "accidentally left" in various urban settings...