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-   -   Chiefs Mega Millions at $1.1 BILLION (https://chiefsplanet.com/BB/showthread.php?t=344610)

O.city 07-28-2022 01:07 PM

Quote:

Originally Posted by RubberSponge (Post 16385826)
Would annuity payments of 25 million a year need to be handled by a trust?

I'm not sure.

But taking the lump sum right now would be about 475 mil after tax.

You could theoretically get 5% on that yearly, which is about 24 mil.

Graystoke 07-28-2022 01:07 PM

Mind Bottling

O.city 07-28-2022 01:08 PM

I woudln't want anyone to know I won. I'd continue things as normal, then have an "back injury" that wouldn't allow me to continue to practice and I'd "retire".

Ride off into the sunset.

ptlyon 07-28-2022 01:12 PM

Have some friends that before they were married they were sitting watching TV. A lottery commercial came on and she turned to him and asked, "Honey, if you won the lottery, would you ever call me again?".

His response was, "From where?"

Abba-Dabba 07-28-2022 01:13 PM

Quote:

Originally Posted by O.city (Post 16385849)
I'm not sure.

But taking the lump sum right now would be about 475 mil after tax.

You could theoretically get 5% on that yearly, which is about 24 mil.

I'm thinking that the money would be so large in either instance that even managing the annuity payment yourself would be a full time job. You have to hire someone to manage that money either way to at least live some semblance of a life. Taking an annuity payment in this instance because you can't put your trust in someone will quickly be rethought over once tax season comes around.

Abba-Dabba 07-28-2022 01:14 PM

Quote:

Originally Posted by O.city (Post 16385852)
I woudln't want anyone to know I won. I'd continue things as normal, then have an "back injury" that wouldn't allow me to continue to practice and I'd "retire".

Ride off into the sunset.


Most states you don't have the luxury of staying anonymous.

displacedinMN 07-28-2022 01:14 PM

Quote:

Originally Posted by RubberSponge (Post 16385865)
I'm thinking that the money would be so large in either instance that even managing the annuity payment yourself would be a full time job. You have to hire someone to manage that money either way to at least live some semblance of a life. Taking an annuity payment in this instance because you can't put your trust in someone will quickly be rethought over once tax season comes around.

Secretly buy my neighbors house and bulldoze it.

Start my own school

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ToxSocks 07-28-2022 01:14 PM

Quote:

Originally Posted by O.city (Post 16385852)
I woudln't want anyone to know I won. I'd continue things as normal, then have an "back injury" that wouldn't allow me to continue to practice and I'd "retire".

Ride off into the sunset.

I always thought it'd be fun to be rich and then drive around the most piece of shit vehicles.

No lie, i would for sure buy a 1983 Dodge Colt with a wooden spoiler and a Folgers can hood scoop.

Maybe even put some nitrous on it and a thumpin' swap meet brand audio system....some of the fake plastic spinner hubcaps....livin' it big time.

O.city 07-28-2022 01:15 PM

Quote:

Originally Posted by RubberSponge (Post 16385870)
Most states you don't have the luxury of staying anonymous.

Set up a trust to claim the winning ticket, I believe, woudl allow you to stay anonymous.

EDIT: Blind trust. I think.

ptlyon 07-28-2022 01:15 PM

Quote:

Originally Posted by RubberSponge (Post 16385870)
Most states you don't have the luxury of staying anonymous.

I live in one

TLO 07-28-2022 01:16 PM

I'd do 2 chicks at the same time

ThaVirus 07-28-2022 01:16 PM

Quote:

Originally Posted by ptlyon (Post 16385862)
Have some friends that before they were married they were sitting watching TV. A lottery commercial came on and she turned to him and asked, "Honey, if you won the lottery, would you ever call me again?".

His response was, "From where?"

I'm a fan of this classic:

"A man comes home one day and says, "Guess what, honey? Pack your bags, I won the lottery!"

The wife squeals with delight and says, "That's great! Should I pack for the mountains or the beach?" He says, "I don't care, just get out!"

ptlyon 07-28-2022 01:17 PM

Quote:

Originally Posted by Hank Hill (Post 16385878)
I'd do 2 chicks at the same time

In Amsterdam

displacedinMN 07-28-2022 01:18 PM

Quote:

Originally Posted by Hank Hill (Post 16385878)
I'd do 2 chicks at the same time

You could do as many as you wanted

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O.city 07-28-2022 01:18 PM

With that kind of money, you'd have to worry about kidnapping and shit like that.

Nah.

Def stay anonymous.


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