The Powerball lottery is up to $1 billion tonight. If you won it, what would you do?
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Keep a million for fun, everything else, buy a very conservative and diversified portfolio, borrow against it and purchase real estate worldwide in places with water access and least affected by climate change. With profits start funding antifa, anarcho-syndicalist, ecosocialist, and similar movements.
More power to you comrade.
Sir, here is your pass for “things whose end justify the mean”, have a good day.
Until they eat you.
Pretty sure they would not eat the person funding them. Militant groups tend to like funding and toys for their activities.
Mujahideen.
How to get assassinated by the CIA in 3 easy steps!
I like the cut of your jib
Yarrr
If you are buying real estate, you won’t be funding “antifa” or any of the other things you are fantasizing. Profit-bearing RealEstate is directly counter to all of those movments, and once they start threatening you, you’ll immediately pivot to funding the status-quo.
I guess you’re calling me ignorant and a hypocrite without knowing anything about me or my value system.
My recommendation to you would be to read again and instead of assuming ignorance and hypocrisy, assume that I know very well what I’m talking about. And then meditate on it.
Keep it a secret.
Not possible in some states, unfortunately :/
Yeah, in my state when you win they have a picture of you holding a check that airs on rotation on every lottery machine for months.
My wife’s best friend won $1M and everyone recognize her at all the bars because of it. She got the last laugh because she blew all that money and now nobody can get any of it out of her.
My wife and I were thinking about this last week. We were wondering about personal security. At least where we live, they like to make a spectacle of the big winner with photo op, publish name and how town, etc. We wondered if that would invite trouble for the winner. For instance, would people try to break in expecting you to have valuables? Would you be a target for kidnapping and ransom? What about your family or close friends, would someone kidnap them to get you to pay ransom on? Even if you immediately spent it all, would people still try, not knowing it’s all gone? I’m with you, I’d keep it as secret as I could.
The guy who won “over a billion” (that’s not what he got to keep) has headlines with his full name, what real estate he’s bought, lawsuits brought against him and he’s had to get body guards.
Because california forces a person to claim it and anonymity isn’t allowed.
Like a lot of trouble, the worst doesn’t come from strangers, it comes from people you know. By all accounts, what happens is that anyone who knows you comes out of the woodwork and suddenly wants a favor, or a small loan, or an investment in their brilliant business idea, and of course you’re the asshole if you deny any of them. If you can’t keep it a secret entirely, it’s best to at least lock up the money somewhere so that you can blame the big mean lawyer who is “making” you be responsible and not blow it all on your second cousin’s crypto app.
Exactly. Do as little as required by the laws of where you live and immediately get the fuck away from wherever you are and start the process to emigrate to a different country. Christmas and Thanksgiving will now be done over video chat.
You won’t fly your family in on your private jet?
Nope. They’re the ones most likely to murder me. Just me, my wife, and our cats. Minimal chances of murder. Except from one of the cats but if it comes down to it, I think I can take her.
Too many eggs in one basket
This user knows.
Sleep.
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I mean, I have won the lottery, multiple times…
But if I won the Powerball Jackpot? Honestly, I probably would hire a financial planner but not change my day-to-day. I like my life and already have plenty of money.
Obviously I’d have to tuck a bunch into my kids’ 529s because they would now be completely ineligible for financial aid.
Obviously I’d have to tuck a bunch into my kids’ 529s because they would now be completely ineligible for financial aid.
With the cost of university in the USA, it’d probably be cheaper to pay for them to go to university in another country.
Fiduciary! Dont forget the fiduciary!
Hire and accountant. Taxes are too complex and most lottery winners are bankrupt in 10-20 years as they fail to budget correctly.
I’d probably pay off my house, upgrade the furnace to a heat pump (something i’m doing with the next bonus anyway) turn the rest over to charities. Though with that much money finding charities that can even accept that much money is hard.
Cut my hours back at work, maybe take a sabbatical spend much more time with my kids, and go to art school. I’m pretty good at it, but it wasn’t in the trailer park cards.
First thing I would definitely wanna do is buy a nice house under my name (since I am still young) and move my parents and my older brother in with us so that we never have to worry about renting a home or apartment again. Obviously I’d have to do a shit ton of research into whether or not it’s an HOA controlled area, because if it is, I ain’t living there period.
Then I’d have to make sure we have it set up the way we want (without spending too much on furniture, decor, etcetera) so we could live comfortably enough.
After all that is done, I’d probably pay my way through college while also, knowing me, buying things I actually don’t need (like art commissions and a fursuit for my fursona).
Although, I’d probably give a good chunk of the money to my parents so they can get rid of any debt they have (and some to my brother for the same reason).
Also, back on the house buying thing, there is a good chance I might just look for one directly next to an HOA operated area that they don’t have any jurisdiction or control over in any way whatsoever just so that my house could be breaking all of their rules with nothing the shitty HOA could do without going to court and losing since they don’t have rights over the house or land.
Whatever the hell I wanted to do. Rich people don’t go to jail.
If I won the lottery, I would start by ending the homeless problem in my state. All it would take would be one stroke of the pen and many people’s lives would be improved.
and then you start getting sued cause someone hurt themselves in one of the homes you put them in, or it burned down, or any of a thousand other reasons, because greedy shitheads exist and are plentiful and will gladly turn your sweet treat into acid in your mouth in a heart beat if they think they can squeeze more blood out of you.
I would definitely have to lawyer up and get as much of my ass covered as possible. Huzzah!
That’s why you save some in the contingency account, I would recommend 20%
Noble, but I’ve got some very bad news about how much it would take to end homelessness in even the smallest state in the country, as even if the 500 mil you’d be left with after taxes could do it, which it couldn’t, more homeless people would move to that state immediately
Utah managed to do it and they’re doing just fine.
ok. you can afford to fund Utah’s homeless problem for 1.5 years, with 500 million, which is what you’d be left with after winning the 1 Billion dollar lottery
You can always start a foundation to keep the money flowing in. People would donate
Probably more cost effective to pay off local and state politicians to get tax money diverted to it.
True. That’s lobbying I can get behind
Foundations do not exist to solve problems. They exist so their founders can profit either socially and financially off of them.
Not tell anyone and just quietly retire. Spend as much time as possible with my kids as they grow.
Go to a casino and walk up to a roulette table and put it all on black.
I mean, with luck like that, I’d buy a lotto ticket
Keep playing to get more rich.
Most professional gamblers quit just before a big victory. I won’t make that mistake.
I think you’re right. I’ll put my whole welfare check on powerball tonight.
Have you considered a payday loan so you could buy for next months welfare check as well? Don’t want to miss out for sure.
THIS is the right answer. So many idiots in this thread.
Make a way bigger bucket list and actually start competing it.
Pay off my house, pay off close friends and family houses, buy a bunch of land, buy cool cars, travel.
