ChiefsPlanet

ChiefsPlanet (https://chiefsplanet.com/BB/index.php)
-   Nzoner's Game Room (https://chiefsplanet.com/BB/forumdisplay.php?f=1)
-   -   Chiefs Mega Millions at $1.1 BILLION (https://chiefsplanet.com/BB/showthread.php?t=344610)

Hog's Gone Fishin 07-28-2022 11:15 AM

Mega Millions at $1.1 BILLION
 
Get yer tickets !

I need a bigger boat!

And a lakehouse!

And a Lake!

On my own Island!

ptlyon 07-28-2022 11:17 AM

Got mine

Hoover 07-28-2022 11:18 AM

I would buy Chiefs Planet!

notorious 07-28-2022 11:19 AM

Quote:

Originally Posted by Hoover (Post 16385548)
I would buy Chiefs Planet!

Will you bring back email?

ClevelandBronco 07-28-2022 11:19 AM

You want a lake on an island? Isn’t that a bit of overkill?

Hog's Gone Fishin 07-28-2022 11:20 AM

I bought 5 plays for each of the next two draws and selected the numbers instead of a QP.

Pretty sure I got this.

Hog's Gone Fishin 07-28-2022 11:21 AM

Quote:

Originally Posted by ClevelandBronco (Post 16385550)
You want a lake on an island? Isn’t that a bit of overkill?

I like water .

notorious 07-28-2022 11:22 AM

Finally might be worth enough to actually buy a ticket.

notorious 07-28-2022 11:23 AM

Imagine if they picked 1100 numbers to win 1 million.

That'd be so much better.

Indian Chief 07-28-2022 11:30 AM

Just threw a few bucks toward this. Buying an island with a lake that has an island in the lake.

DJJasonp 07-28-2022 11:31 AM

3 words: Sharks with lasers

Hoover 07-28-2022 11:32 AM

Quote:

Originally Posted by notorious (Post 16385549)
Will you bring back email?

Sure. And no mega threads. :)

DaFace 07-28-2022 11:44 AM

Granted, I'm probably one of the most boring people out there when it comes to money. (I invest in index funds, don't gamble, and don't buy lottery tickets.)

But I've never understood why people get so excited to participate when the numbers get crazy high. Even the most modest payouts of a few million dollars would be life changing. The difference in actual happiness between $100 million and $1 billion is almost certainly zero if not less than zero (since you'd have more stress dealing with everyone who wants a piece).

CatinKS 07-28-2022 11:50 AM

Odds are like picking the right inch in 4775 miles. Or the right inch between KC and the East Coast of Russia. Good Luck

ThaVirus 07-28-2022 11:54 AM

Quote:

Originally Posted by notorious (Post 16385564)
Imagine if they picked 1100 numbers to win 1 million.

That'd be so much better.

I like this idea.

Change 1,100 + friends and family's lives as opposed to 1 + friends and family.

Would make a hell of a lot more sense, especially in times like these.

Zebedee DuBois 07-28-2022 11:54 AM

Quote:

Originally Posted by CatinKS (Post 16385620)
Odds are like picking the right inch in 4775 miles. Or the right inch between KC and the East Coast of Russia. Good Luck

It's how you use your inch.

RealSNR 07-28-2022 11:56 AM

Quote:

Originally Posted by ClevelandBronco (Post 16385550)
You want a lake on an island? Isn’t that a bit of overkill?

He's got a few choices out there. Can get an island in a lake on an island if he wants. Or even deeper than that.

https://en.wikipedia.org/wiki/Recurs...ands_and_lakes

KC_Lee 07-28-2022 11:57 AM

Quote:

Originally Posted by CatinKS (Post 16385620)
Odds are like picking the right inch in 4775 miles. Or the right inch between KC and the East Coast of Russia. Good Luck

<iframe src="https://giphy.com/embed/j6uK36y32LxQs" width="480" height="192" frameBorder="0" class="giphy-embed" allowFullScreen></iframe><p><a href="https://giphy.com/gifs/ill-be-back-j6uK36y32LxQs">via GIPHY</a></p>

Hog's Gone Fishin 07-28-2022 12:00 PM

Quote:

Originally Posted by DaFace (Post 16385605)
Granted, I'm probably one of the most boring people out there when it comes to money. (I invest in index funds, don't gamble, and don't buy lottery tickets.)

But I've never understood why people get so excited to participate when the numbers get crazy high. Even the most modest payouts of a few million dollars would be life changing. The difference in actual happiness between $100 million and $1 billion is almost certainly zero if not less than zero (since you'd have more stress dealing with everyone who wants a piece).

According to Tyreek Hill and OBJ you just don't understand moneys.

Eureka 07-28-2022 12:01 PM

Quote:

Originally Posted by DaFace (Post 16385605)
Granted, I'm probably one of the most boring people out there when it comes to money. (I invest in index funds, don't gamble, and don't buy lottery tickets.)

But I've never understood why people get so excited to participate when the numbers get crazy high. Even the most modest payouts of a few million dollars would be life changing. The difference in actual happiness between $100 million and $1 billion is almost certainly zero if not less than zero (since you'd have more stress dealing with everyone who wants a piece).

Winning the lotto can ruin a persons life. It has happened to quit a few winners.

Hog's Gone Fishin 07-28-2022 12:05 PM

I've always believed in working for my money.

That's why while I was selecting my numbers I pretended it was a job and took it quite seriously.

KCUnited 07-28-2022 12:05 PM

At 1 billion I'd just hire a firm as a contact barrier just to tell people no on my behalf.

MarkDavis'Haircut 07-28-2022 12:06 PM

I would buy the Chiefs and hire Chiefs Planet as my coaching staff.

Hog's Gone Fishin 07-28-2022 12:07 PM

Quote:

Originally Posted by Eureka (Post 16385663)
Winning the lotto can ruin a persons life. It has happened to quit a few winners.

https://youtu.be/TM-G0bkl8MQ

KChiefs1 07-28-2022 12:08 PM

You guys realize that the winner is only going to get around $700 million right?


Sent from my iPhone using Tapatalk

Fish 07-28-2022 12:09 PM

Quote:

Originally Posted by KChiefs1 (Post 16385695)
You guys realize that the winner is only going to get around $700 million right?


Sent from my iPhone using Tapatalk

Well **** it then..

MarkDavis'Haircut 07-28-2022 12:09 PM

Quote:

Originally Posted by KChiefs1 (Post 16385695)
You guys realize that the winner is only going to get around $700 million right?


Sent from my iPhone using Tapatalk

Guess I will settle for an USFL team.

ptlyon 07-28-2022 12:10 PM

Quote:

Originally Posted by Eureka (Post 16385663)
Winning the lotto can ruin a persons life. It has happened to quit a few winners.

Like Tommy in shawshank said "Just gimme that chance!"

Abba-Dabba 07-28-2022 12:10 PM

Paid my idiot tax. About the cost of a burger and fries. $10.

ThaVirus 07-28-2022 12:12 PM

Quote:

Originally Posted by KChiefs1 (Post 16385695)
You guys realize that the winner is only going to get around $700 million right?


Sent from my iPhone using Tapatalk

Oh, no. You'll only be able to buy one yacht instead of two.

ThaVirus 07-28-2022 12:14 PM

Better question: would you take the lump sum or annuity?

I know they say you can take the lump sum and make more in returns off interest by investing wisely, but I feel like there's potential to lose a lot (in a bad market, like now) and the idea of massive amounts of money hitting my account yearly is just so attractive.

I'd be an annuity guy.

Eureka 07-28-2022 12:17 PM

Quote:

Originally Posted by Hog's Gone Fishin (Post 16385689)

Quote:

Originally Posted by ptlyon (Post 16385700)
Like Tommy in shawshank said "Just gimme that chance!"

<iframe width="560" height="315" src="https://www.youtube.com/embed/xIoY3p-P7vM" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

Fish 07-28-2022 12:35 PM

Quote:

Originally Posted by ThaVirus (Post 16385714)
Better question: would you take the lump sum or annuity?

I know they say you can take the lump sum and make more in returns off interest by investing wisely, but I feel like there's potential to lose a lot (in a bad market, like now) and the idea of massive amounts of money hitting my account monthly is just so attractive.

I'd be an annuity guy.

Definitely annuity. I don't trust myself, let alone others with that lump sum. I figure it's much easier having a yearly guaranteed allotment. Keep me from doing something too stupid. :D

Gary Cooper 07-28-2022 12:48 PM

I would burn the winning ticket on live television. It would be the strongest exhibition of free will in the history of humankind. And I want to be rich keep in mind.

Dostoevsky would be proud.

Abba-Dabba 07-28-2022 12:51 PM

Both annuity or payout would need to be handled by a trust. You have to put your faith in someone(s) to best manage that money at some point.

Abba-Dabba 07-28-2022 12:52 PM

Quote:

Originally Posted by JudasRising20 (Post 16385803)
I would burn the winning ticket on live television. It would be the strongest exhibition of free will in the history of humankind. And I want to be rich keep in mind.

Dostoevsky would be proud.

Or you could be remembered as an incredible dumbass who could have fed the poor with your winnings.

O.city 07-28-2022 12:53 PM

Quote:

Originally Posted by ThaVirus (Post 16385714)
Better question: would you take the lump sum or annuity?

I know they say you can take the lump sum and make more in returns off interest by investing wisely, but I feel like there's potential to lose a lot (in a bad market, like now) and the idea of massive amounts of money hitting my account yearly is just so attractive.

I'd be an annuity guy.

Quote:

Originally Posted by Fish (Post 16385775)
Definitely annuity. I don't trust myself, let alone others with that lump sum. I figure it's much easier having a yearly guaranteed allotment. Keep me from doing something too stupid. :D

Take the lump sum.

Set up a trust that pays you out so much at a time if you don't trust yourself.

Don't immediately sign the ticket if you win, then you can't get the cash anonymously. Set up a trust that can claim it without having to disclose your name.

ptlyon 07-28-2022 12:55 PM

I don't know how it works. If you take the annuity does it stop if you die? Or would it keep going into the trust if you did?

Lucky for Life you can win $1,000 a day for life, but what about Powerball or mega millions?

Abba-Dabba 07-28-2022 12:55 PM

Quote:

Originally Posted by O.city (Post 16385820)
Take the lump sum.

Set up a trust that pays you out so much at a time if you don't trust yourself.

Don't immediately sign the ticket if you win, then you can't get the cash anonymously. Set up a trust that can claim it without having to disclose your name.

Would annuity payments of 25 million a year need to be handled by a trust?

Abba-Dabba 07-28-2022 12:56 PM

Quote:

Originally Posted by ptlyon (Post 16385823)
I don't know how it works. If you take the annuity does it stop if you die? Or would it keep going into the trust if you did?

Lucky for Life you can win $1,000 a day for life, but what about Powerball or mega millions?

You can pass the annuity off to heirs.

ToxSocks 07-28-2022 12:57 PM

Lump sum.

And if i happen to blow through it with reckless abandon then you can bet your ass i lived life to the fullest.

You get one life. Live it. Take care of your fam, make sure they're set for life and **** the rest.

KCUnited 07-28-2022 12:58 PM

Quote:

Originally Posted by ptlyon (Post 16385823)
I don't know how it works. If you take the annuity does it stop if you die? Or would it keep going into the trust if you did?

Lucky for Life you can win $1,000 a day for life, but what about Powerball or mega millions?

You can pass it but I believe its taxed again at that point

ptlyon 07-28-2022 01:00 PM

Oh well, doubt I'd survive my first trip to Amsterdam anyway...

Abba-Dabba 07-28-2022 01:04 PM

Quote:

Originally Posted by ptlyon (Post 16385837)
Oh well, doubt I'd survive my first trip to Amsterdam anyway...

One day you will stand in front of a green door on the Prinsengracht.

Well, at least probably before you win the lottery. Maybe the right inch is in Amsterdam. :hmmm:

Abba-Dabba 07-28-2022 01:05 PM

Quote:

Originally Posted by Detoxing (Post 16385831)
Lump sum.

And if i happen to blow through it with reckless abandon then you can bet your ass i lived life to the fullest.

You get one life. Live it. Take care of your fam, make sure they're set for life and **** the rest.

hookers and blow. the way to go.

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

Sent from my SM-G991U using Tapatalk

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

Sent from my SM-G991U using Tapatalk

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.

Abba-Dabba 07-28-2022 01:19 PM

Quote:

Originally Posted by displacedinMN (Post 16385871)
Secretly buy my neighbors house and bulldoze it.

Start my own school

Sent from my SM-G991U using Tapatalk

Sell your existing and move to something nicer with some land.

Be a benefactor, rather than the administrator that has to deal with all the political bullshit.

Imon Yourside 07-28-2022 01:19 PM

Quote:

Originally Posted by DaFace (Post 16385605)
Granted, I'm probably one of the most boring people out there when it comes to money. (I invest in index funds, don't gamble, and don't buy lottery tickets.)

But I've never understood why people get so excited to participate when the numbers get crazy high. Even the most modest payouts of a few million dollars would be life changing. The difference in actual happiness between $100 million and $1 billion is almost certainly zero if not less than zero (since you'd have more stress dealing with everyone who wants a piece).

A million would greatly change my life ;)

ThaVirus 07-28-2022 01:22 PM

Quote:

Originally Posted by ptlyon (Post 16385823)
I don't know how it works. If you take the annuity does it stop if you die? Or would it keep going into the trust if you did?

Lucky for Life you can win $1,000 a day for life, but what about Powerball or mega millions?

I did some light Googling on it a while back.

From what I remember, the annuity can be left to heirs so that's a plus.

I believe, when you compare the full amount received, you actually stand to keep more of your winnings if you go with the annuity (assuming you live to see the final payout).

It looks like, with the annuity, you'd receive an initial payout, followed by 29 more payouts over the next 30 years. The payouts increase by 5% annually to combat inflation.

Abba-Dabba 07-28-2022 01:23 PM

Quote:

Originally Posted by O.city (Post 16385874)
Set up a trust to claim the winning ticket, I believe, woudl allow you to stay anonymous.

EDIT: Blind trust. I think.

Basically sell it to them for how many millions of dollars?

Wonder how much it would cost yearly to have some one manage it instead of selling it.

Wonder if there is a anonymous state where you can establish residency quickly within the time frame the ticket would need to be redeemed.

ToxSocks 07-28-2022 01:24 PM

Quote:

Originally Posted by O.city (Post 16385883)
With that kind of money, you'd have to worry about kidnapping and shit like that.

Nah.

Def stay anonymous.

Ahh you worry too much.

You're not a celeb or an athlete. Get a nice spot in a gated wealthy community, you'll be fine.

ThaVirus 07-28-2022 01:26 PM

To make things as simple as possible, let's just say the jackpot is $1 billion. Assume, after taxes, you end up with $500 million whether you take the lump sum or annuity.

You're looking at $500 million today

or

$16.6 million today and another $16.6 million every year for the next 30 years

Abba-Dabba 07-28-2022 01:27 PM

Quote:

Originally Posted by ThaVirus (Post 16385911)
To make things as simple as possible, let's just say the jackpot is $1 billion. Assume, after taxes, you end up with $500 million whether you take the lump sum or annuity.

You're looking at $500 million today

or

$16.6 million today and another $16.6 million every year for the next 30 years

Give me the half a billion.

Signed, sealed and delivered.

ChiefsCountry 07-28-2022 01:28 PM

Quote:

Originally Posted by O.city (Post 16385883)
With that kind of money, you'd have to worry about kidnapping and shit like that.

Nah.

Def stay anonymous.

I know a shit ton of people who have more money than the lotto winner would right here at the Lake and none of their places are guarded that secure. I think you would be fine.

TLO 07-28-2022 01:29 PM

Quote:

Originally Posted by ThaVirus (Post 16385911)
To make things as simple as possible, let's just say the jackpot is $1 billion. Assume, after taxes, you end up with $500 million whether you take the lump sum or annuity.

You're looking at $500 million today

or

$16.6 million today and another $16.6 million every year for the next 30 years

I'll take the 500 million please

scho63 07-28-2022 01:29 PM

If I win, I'm buying you all hookers and blow!

Abba-Dabba 07-28-2022 01:31 PM

Quote:

Originally Posted by scho63 (Post 16385920)
If I win, I'm buying you all hookers and blow!

And if I win I will buy you a bulldozer.

TLO 07-28-2022 01:31 PM

And if I win.. I'll buy you gas for teh bulldozer!

tk13 07-28-2022 01:31 PM

Quote:

Originally Posted by O.city (Post 16385883)
With that kind of money, you'd have to worry about kidnapping and shit like that.

Nah.

Def stay anonymous.

Most states won't allow you to do that. A few do though. It all depends on where you win.

TLO 07-28-2022 01:32 PM

Quote:

Originally Posted by tk13 (Post 16385929)
Most states won't allow you to do that. A few do though. It all depends on where you win.

I'll slip them a few million to keep it hush hush.

The Franchise 07-28-2022 01:33 PM

Quote:

Originally Posted by ThaVirus (Post 16385911)
To make things as simple as possible, let's just say the jackpot is $1 billion. Assume, after taxes, you end up with $500 million whether you take the lump sum or annuity.

You're looking at $500 million today

or

$16.6 million today and another $16.6 million every year for the next 30 years

Do you trust the government to hold onto your money and not **** it up somehow?

You could say the same thing about a trust or anything like that....but at least there would be a legal recourse if they did.

Abba-Dabba 07-28-2022 01:33 PM

Quote:

Originally Posted by tk13 (Post 16385929)
Most states won't allow you to do that. A few do though. It all depends on where you win.



There are states that allow kidnapping?

TLO 07-28-2022 01:36 PM

I'd give everyone in my hometown of SAINT JOSEPH MISSOURI $4.20

Gary Cooper 07-28-2022 01:39 PM

Quote:

Originally Posted by RubberSponge (Post 16385817)
Or you could be remembered as an incredible dumbass who could have fed the poor with your winnings.

Oh please. If anyone cared about the poor, this lottery wouldn't exist and they'd just pay the money to charity now.

As Navin R. Johnson says in The Jerk, "Charities? Send them away. There are people a lot more deserving than me"

InChiefsHeaven 07-28-2022 01:41 PM

Quote:

Originally Posted by RubberSponge (Post 16385811)
Both annuity or payout would need to be handled by a trust. You have to put your faith in someone(s) to best manage that money at some point.

Soooo...keeping it in garbage bags in the basement is probably not the way to go then?

Abba-Dabba 07-28-2022 01:41 PM

Quote:

Originally Posted by JudasRising20 (Post 16385948)
Oh please. If anyone cared about the poor, this lottery wouldn't exist and they'd just pay the money to charity now.

As Navin R. Johnson says in The Jerk, "Charities? Send them away. There are people a lot more deserving than me"

I'm not talking about what what anyone else thinks. I'm talking about what you think.

Which is, you clearly don't care for the poor either.


All times are GMT -6. The time now is 06:34 AM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.