ChiefsPlanet

ChiefsPlanet (https://www.chiefsplanet.com/BB/index.php)
-   Nzoner's Game Room (https://www.chiefsplanet.com/BB/forumdisplay.php?f=1)
-   -   Money Powerball jackpot.....500 million and growing! (https://www.chiefsplanet.com/BB/showthread.php?t=267119)

crazycoffey 11-27-2012 02:17 PM

rainnman's idea seems less stressfull.

Rain Man 11-27-2012 02:33 PM

After taxes, we're talking roughly $200 million in take-home. I have a deal with a friend that we always split our Powerball winnings, so I'd end up with about $100 million.

I guaran-darn-tee that I would have the most diversified investment portfolio on the planet. The only way I would lose all of my money would involve a large meteor or the explosion of the sun.

Abba-Dabba 11-27-2012 02:34 PM

Yep, I paid my idiot tax.

Rain Man 11-27-2012 02:39 PM

I'd probably do something like this:

$20 million in income-producing real estate of the most conservative kind possible, scattered around the country
$10 million in money markets and other conservative, conservative U.S. bank accounts.
$10 million in my house and other hard assets
$10 million in T-Bills and stuff
$10 million in cash in safety deposit boxes and buried holes in the ground
$10 million in conservative U.S. mutual funds
$5 million in bonds
$5 million in money markets and other conservative, conservative non-U.S. bank accounts.
$5 million in conservative foreign mutual funds
$5 million in gold
$5 million in high-value art and other collectibles
$5 million in moderate to aggressive U.S. mutual funds

Frazod 11-27-2012 03:43 PM

If you win, you'll probably spend most of it hiding from your friends and relatives for the rest of your life.

Deberg_1990 11-27-2012 03:51 PM

Quote:

Originally Posted by Mr. Flopnuts (Post 9156890)
We should totally spend $100 out of the SOC money for tickets. Then if we win we can make an offer to the Hunt's for the team. Welcome to Arrowhead, home of your Kansas City Chiefsplanets!

CEO: Phobia
GM: PR_Capone
President of administration: Dane
Director of college Scouting: Mecca

Molitoth 11-27-2012 03:56 PM

Wonder what happens to those who win the lottery?

http://trixiesue.files.wordpress.com...b__430x304.jpg

The Franchise 11-27-2012 03:58 PM

Quote:

Originally Posted by frazod (Post 9157182)
If you win, you'll probably spend most of it hiding from your friends and relatives for the rest of your life.

You say that like it's a bad thing.

Gravedigger 11-27-2012 04:06 PM

You always dream about what you'd do with the money. You always hear horror stories more so than success stories about the lottery winners. Luckily I don't have any drug addictions or gambling addictions that would get me into too much trouble, but I'm sure it would be absolutely maddening to see who you could trust.

I would personally pay off alot of my friends and family's debts. The worst thing about this day and age is rebounding from a distressing credit score, people need a fresh start and I'd love to give that to them. Outside of the normal big gifts to close family and friends, donations to charities I believe in, I would start with clearing others debt.

Fish 11-27-2012 04:07 PM

We could fly banners every day for the next 30 years.......

dtebbe 11-27-2012 04:19 PM

I paid my voluntary taxes today..

journeyscarab 11-27-2012 04:27 PM

http://25.media.tumblr.com/tumblr_mb...ufk9o1_500.jpg

I'd spend my winnings on large foam cowboy hats, paddle balls, beer and a lifetime subscription to Rhode Island Slut newspaper.

alnorth 11-27-2012 04:30 PM

Quote:

Originally Posted by noa (Post 9156957)
Apparently, you have better odds of lining up a trail of quarters from NY to LA and selecting the one quarter bearing a special marking.
Posted via Mobile Device

Out of curiosity, I checked the math on that.

Its true, barely.

FlaChief58 11-27-2012 04:33 PM

I put 10 bucks in the pot

scho63 11-27-2012 04:34 PM

Bought $10 worth of quick picks earlier in the week. It is scary to think that today you wake up poor and tomorrow you are suddenly worth $375 MILLION dollars. Mind boggling amount for sure.....

You just know that there is going to be a fight or legal battle over a group winning and someone who is excluded is going to sue....it's the American way!


All times are GMT -6. The time now is 07:13 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.