Thread: You won $900 million: what do?
10-18-2018, 01:04 PM
-
#61
10-18-2018, 01:08 PM
-
#62
- omnip0tent
- Don't try. Do.
-
- omnip0tent
- Don't try. Do.
- Join Date: Mar 2007
- Location: Florida, United States
- Age: 36
- Posts: 12,680
- Rep Power: 70129
-
-
I have a long list of things I would "Take care of" and then a long list of things "I've always wanted to do", along with the eventual things " I never even though of doing" since finances were always a limiting factor in normal life.
But to put it into perspective as with most of us, we grew up in middle class families, and know the value of $1, along with the harsh realities that come along with an average existence...
... I would probably be considered a degenerate, selfish scumbag, only looking out for his friends and family. While doing crazy outlandish ****, while still doing my best to have people leave me the fck alone.
But to put it into perspective as with most of us, we grew up in middle class families, and know the value of $1, along with the harsh realities that come along with an average existence...
... I would probably be considered a degenerate, selfish scumbag, only looking out for his friends and family. While doing crazy outlandish ****, while still doing my best to have people leave me the fck alone.
Are you not entertained?
MFC #32
It's All About the U
10-18-2018, 01:27 PM
-
#63
- Fit1NYC
- 2012 Transformation
-
- Fit1NYC
- 2012 Transformation
- Join Date: Apr 2010
- Posts: 19,799
- Rep Power: 50904
-
-
Originally Posted By NukYavlen⏩
No, if you control the assets it’s not a trust. Trust means that someone else is in controlLol you think a senior partner will pass up an opportunity like this? Easy money for them.
And the trust would still be under your control since you'd be the beneficiary.
And the trust would still be under your control since you'd be the beneficiary.
Any posts made are purely fictional in nature and by no means is anything I say to be taken seriously. Any and all pictures I post are pictures widely available on the internet and any discussions I am involved in are purely hypothetical or are commentary in nature and should not constitute advice or be considered advice
10-18-2018, 03:27 PM
-
#64
- ScramFranklin
- Registered User
-
- ScramFranklin
- Registered User
- Join Date: Jul 2017
- Age: 36
- Posts: 19,925
- Rep Power: 147928
-
-
Good post. I'd:
-pay off all debts
-accelerate my surgerymaxxing tenfold.
-keep working
-still try to get a good MBA. Just lived at a much higher luxury and travel more. Probably hire a maid and chef. Get a couple sick cars. Couple of houses. Max out investments.
-pay off all debts
-accelerate my surgerymaxxing tenfold.
-keep working
-still try to get a good MBA. Just lived at a much higher luxury and travel more. Probably hire a maid and chef. Get a couple sick cars. Couple of houses. Max out investments.
-Engineering Crew
-Self Improvement Crew
-Third Position Crew
-Keith Woods Crew
-Consolecel Crew
-Dr. Edward Dutton Crew
10-18-2018, 05:09 PM
-
#65
- nvrstopworking
- brb bulk-utting!
-
- nvrstopworking
- brb bulk-utting!
- Join Date: Dec 2010
- Location: Toronto, Ontario, Canada
- Posts: 34,961
- Rep Power: 88658
-
-
Probably drop $200M in 3 or 4 different banks and constantly threaten to move my money if they don't provide top-notch service and guarantee 5% interest annually lol.
I don't know how much I'd trust a single financial advisor...
As much as people say "everyone would know who you are" that's not really the case. Your avg person will forget your name in a week and in a year you'll be completely forgotten. It's FAMILY and close friends that you really have to worry about. The people who would still (most likely) be in your life after you win. If they aren't good people (or they become greedy/selfish after)... things can go bad quick.
I don't know how much I'd trust a single financial advisor...
As much as people say "everyone would know who you are" that's not really the case. Your avg person will forget your name in a week and in a year you'll be completely forgotten. It's FAMILY and close friends that you really have to worry about. The people who would still (most likely) be in your life after you win. If they aren't good people (or they become greedy/selfish after)... things can go bad quick.
10-18-2018, 05:18 PM
-
#66
10-18-2018, 05:28 PM
-
#67
- Nastradoomus
- Registered User
-
- Nastradoomus
- Registered User
- Join Date: Jul 2012
- Location: Las Vegas, Nevada, United States
- Age: 39
- Posts: 6,298
- Rep Power: 8346
-
-
buy a pool of coke jump in and sniff it.
:/
10-18-2018, 05:43 PM
-
#68
- Jestbrah
- Registered User
-
- Jestbrah
- Registered User
- Join Date: Feb 2012
- Age: 37
- Posts: 28,748
- Rep Power: 170226
-
-
buy a banging penthouse condo downtown ASAP, buy whatever car seems fun and flashy, go buy an extremely nice suit and shoes then go eat some top tier food and throw a party in my ballin pad, then go experience the world and keep up the physique/gains with all the best supps.
**worthless college major crew**
*Always picks 4 Crew*
**HTC**
10-18-2018, 05:47 PM
-
#69
- stevemckenna
- Registered User
-
- stevemckenna
- Registered User
- Join Date: Dec 2011
- Posts: 23,289
- Rep Power: 137230
-
-
Pick up a whole bunch of terrible habits and be dead within 3 years.
10-18-2018, 06:00 PM
-
#70
- zarathu5tra
- Registered User
-
- zarathu5tra
- Registered User
- Join Date: Jun 2017
- Age: 35
- Posts: 6,311
- Rep Power: 54983
-
-
Nice house in nature. Live the philosophers life. Never having to worry about making ends meet and going wherever I want to.
Don't really want that much tbh. Would probably give away a big share to people who actually need it.
Don't really want that much tbh. Would probably give away a big share to people who actually need it.
10-18-2018, 06:27 PM
-
#71
Buy acres of prime and bountiful land in some heavenly setting, maybe an island or two.
Invest modestly and wisely, taking no big risks.
Give generously to charities of interest.
Pursue hobbies or creative endeavors while maintaining discretion.
I will not allow myself more than 4 luxury cars at a time and will not purchase a superyacht.
I may purchase a private jet depending on logistics.
Invest modestly and wisely, taking no big risks.
Give generously to charities of interest.
Pursue hobbies or creative endeavors while maintaining discretion.
I will not allow myself more than 4 luxury cars at a time and will not purchase a superyacht.
I may purchase a private jet depending on logistics.
10-18-2018, 06:31 PM
-
#72
- Briangumble
- I run the Misc
-
- Briangumble
- I run the Misc
- Join Date: Oct 2005
- Posts: 10,812
- Rep Power: 13997
-
-
Originally Posted By Fit1NYC⏩
If you want to collect anonymous then signing the ticket is the part where you ****ed up. Look up that lottery winner that wanted to collect her winnings anonymously by having her lawyer collect the winnings thru a trust, but she couldn't because she signed the ticket. So she had to file a lawsuit that went all the way up to the supreme court just so she could collect it anonymously.I’d go home sick and sign the ticket, scan it and email to myself. Look up laws in my state if I can collect anonymous.
10-18-2018, 07:15 PM
-
#73
Redeem all upfront, show my face all over the news, go to every bank within 10mi radius and collect as many $1 bills as possible. Go to the strip club and start dumping suitcases of bills on the sloots every night until I’m broke and then go find a job as cart retriever at local grocery store and tell my story to everyone.
Make Misc Great Again
10-18-2018, 07:19 PM
-
#74
- Redfish225
- Hunter/Fisherbreh
-
- Redfish225
- Hunter/Fisherbreh
- Join Date: Aug 2012
- Posts: 69,167
- Rep Power: 903956
-
-
Picked up a ticket on the way home from work, it’s currently at $970,000,000
I loe e.
10-18-2018, 07:21 PM
-
#75
- Mr.PissShivers
- Shiverin' since '92
-
- Mr.PissShivers
- Shiverin' since '92
- Join Date: Nov 2009
- Age: 41
- Posts: 39,118
- Rep Power: 305683
-
-
10-18-2018, 07:22 PM
-
#76
- SerbianSickKant
- The Eccentric SickKant
-
- SerbianSickKant
- The Eccentric SickKant
- Join Date: Jul 2013
- Posts: 7,503
- Rep Power: 24671
-
-
Flex on ig
degenmaxx
10-18-2018, 07:31 PM
-
#77
10-18-2018, 07:47 PM
-
#78
- Fit1NYC
- 2012 Transformation
-
- Fit1NYC
- 2012 Transformation
- Join Date: Apr 2010
- Posts: 19,799
- Rep Power: 50904
-
-
Originally Posted By Mr.PissShivers⏩
Remake of the rover but in America.About what?
I’d hang with Dan bulzarian. Design a sick home and build it. Doesn’t have to be a mansion but something woth unique architecture. Like on those shows woth rich houses on cliffs or Greek beeches. Maybe something in green mountains area. Bang so many in my sick house and have sick parties. Models djs and my friends.
Any posts made are purely fictional in nature and by no means is anything I say to be taken seriously. Any and all pictures I post are pictures widely available on the internet and any discussions I am involved in are purely hypothetical or are commentary in nature and should not constitute advice or be considered advice
10-18-2018, 07:51 PM
-
#79
- RICHSTRONG
- Pa BITCHES
-
- RICHSTRONG
- Pa BITCHES
- Join Date: Mar 2012
- Location: United States
- Height: 6'2"
- Weight: 350 lbs
- Posts: 85,456
- Subscribers: 14
- Rep Power: 1667054
-
-
Buy a proper pool for serbiansikkant to flex in for IG
See monster0ultra's sig
10-18-2018, 08:10 PM
-
#80
- Brad_Pitt
- Good Bro
-
- Brad_Pitt
- Good Bro
- Join Date: Jul 2004
- Location: Hollywood
- Posts: 4,849
- Rep Power: 12154
-
-
Give everyone on Misc in this thread, 10K.
Joining Sherdog.com doesn't make you an MMA expert, reading Saucehead's threads don't make you a player and if describe yourself as an "alpha male", chances are, you're not one.
10-18-2018, 08:13 PM
-
#81
10-18-2018, 08:17 PM
-
#82
- Mr.PissShivers
- Shiverin' since '92
-
- Mr.PissShivers
- Shiverin' since '92
- Join Date: Nov 2009
- Age: 41
- Posts: 39,118
- Rep Power: 305683
-
-
Originally Posted By Fit1NYC⏩
Could be interesting.Remake of the rover but in America.
If I had the cash, I think I'd make my gothic style horror film. A throwback to the Hammer horror films from years ago.
OLD MOVIE CREW
10-18-2018, 08:19 PM
-
#83
- Mr Beer
- Here's beer
-
- Mr Beer
- Here's beer
- Join Date: Nov 2004
- Location: In the bar
- Posts: 40,965
- Rep Power: 141991
-
-
Originally Posted By Fit1NYC⏩
Trustees control a trust on behalf of beneficiaries. It is possible to be both a trustee and a beneficiary.No, if you control the assets it’s not a trust. Trust means that someone else is in control
Something like this, a you'd probably end up with a corporation somewhere in the loop for tax purposes. So you'd have a company or companys, a trust and you'd be the owner of the companies as well as a director. You and your family would be the beneficiaries of the trust. That would be my guess anyway.
"A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand."
10-18-2018, 08:21 PM
-
#84
10-18-2018, 08:27 PM
-
#85
10-18-2018, 08:28 PM
-
#86
- Briangumble
- I run the Misc
-
- Briangumble
- I run the Misc
- Join Date: Oct 2005
- Posts: 10,812
- Rep Power: 13997
-
-
Ok, here we go, come on come on, here we go:
1. Do not sign ticket and place it in a safe deposit box at the bank
2. Start building a team of tax attorney's, trust attorneys, accountants, financial advisors, etc.
3. Collect winnings anonymously thru a trust and/or LLC if that is possible (don't know if you can do that in California)
4. Invest $200 million in various stocks, bonds, real estate, index funds, hedge funds, etc. I would want high risk, medium risk, and low risk investments. I would also want to invest in start up companies and be an angel investor.
5. I would give money and gifts to my closest friends and family but not sure how much.
6. Custom build my dream mansion. Buy a fleet of exotic luxury cars and hyper cars. Purchase fractional ownership in a private jet.
7. I would be interested in starting a night club business. I think it would be fun, it would be a good way to up my social status and meet hot girls, possibly rub shoulders with celebrities, etc.
8. Divide whatever money is left between 10 different foreign and domestic bank accounts
9. If I ever meet any recording artists that are unsigned and I believe in them, I would probably start a record label and sign them and invest into them.
5-10 years after winning the lottery, some of my investments probably would have blown up at this point and made me a multi-billionaire. It is at this point that I will take a huge chunk of that money and use it to run for President of the United States of America.
1. Do not sign ticket and place it in a safe deposit box at the bank
2. Start building a team of tax attorney's, trust attorneys, accountants, financial advisors, etc.
3. Collect winnings anonymously thru a trust and/or LLC if that is possible (don't know if you can do that in California)
4. Invest $200 million in various stocks, bonds, real estate, index funds, hedge funds, etc. I would want high risk, medium risk, and low risk investments. I would also want to invest in start up companies and be an angel investor.
5. I would give money and gifts to my closest friends and family but not sure how much.
6. Custom build my dream mansion. Buy a fleet of exotic luxury cars and hyper cars. Purchase fractional ownership in a private jet.
7. I would be interested in starting a night club business. I think it would be fun, it would be a good way to up my social status and meet hot girls, possibly rub shoulders with celebrities, etc.
8. Divide whatever money is left between 10 different foreign and domestic bank accounts
9. If I ever meet any recording artists that are unsigned and I believe in them, I would probably start a record label and sign them and invest into them.
5-10 years after winning the lottery, some of my investments probably would have blown up at this point and made me a multi-billionaire. It is at this point that I will take a huge chunk of that money and use it to run for President of the United States of America.
10-18-2018, 08:31 PM
-
#87
- Mr Beer
- Here's beer
-
- Mr Beer
- Here's beer
- Join Date: Nov 2004
- Location: In the bar
- Posts: 40,965
- Rep Power: 141991
-
-
Anyway, I'd go and get financial and tax advice from a couple of different firms. Bonus points if they can explain it so I can understand it. I'd confidently create my own investment portfolio for 10 million but 900 million is a different matter...it's more at a corporate level.
Would disperse money to friends and family and charity, most likely would set up trusts to provide ongoing income rather than massive lump sums.
Would buy a decent size block of land in the Southern Highlands of NSW, like 100 acres +. Build a large but not crazy size house out of sandstone there. Would need part time cleaner and gardener, probably wouldn't get a cook or chauffeur. Would get a security consultant.
I would travel all over the world, luxury travel with Mrs Beer and more backpacking style for me. When at home I would train reasonably hard, probably get someone to teach me to box. I'd do some ongoing education stuff, probably start with learning classical French cooking and go from there. Play poker. Go hiking. That kind of thing.
Would disperse money to friends and family and charity, most likely would set up trusts to provide ongoing income rather than massive lump sums.
Would buy a decent size block of land in the Southern Highlands of NSW, like 100 acres +. Build a large but not crazy size house out of sandstone there. Would need part time cleaner and gardener, probably wouldn't get a cook or chauffeur. Would get a security consultant.
I would travel all over the world, luxury travel with Mrs Beer and more backpacking style for me. When at home I would train reasonably hard, probably get someone to teach me to box. I'd do some ongoing education stuff, probably start with learning classical French cooking and go from there. Play poker. Go hiking. That kind of thing.
"A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand."
10-18-2018, 08:46 PM
-
#88
- JayDubbs932
- Registered User
-
- JayDubbs932
- Registered User
- Join Date: Apr 2014
- Location: New York, New York, United States
- Age: 32
- Posts: 3,288
- Rep Power: 19760
-
-
So many ppl ITT in debt...wtf how
Collect the lump sum
Invest 75% of the winnings
Give my family whatever they wish, prolly a mansion down south
Buy a penthouse in NYC, LA, Miami
Put $10 million bet against the Buffalo Bills
Collect the lump sum
Invest 75% of the winnings
Give my family whatever they wish, prolly a mansion down south
Buy a penthouse in NYC, LA, Miami
Put $10 million bet against the Buffalo Bills
"They'll tell you failure is not an option. That is ridiculous. Failure is always an option. Failure is the most readily available option at all times, but it's a choice. You can choose to fail or you can choose to succeed. But failure is always there, and it's okay to recognize that."- Chael P. Sonnen
10-18-2018, 08:49 PM
-
#89
- HMFIC_BROWSIN
- Buy high, sell higher.
-
- HMFIC_BROWSIN
- Buy high, sell higher.
- Join Date: Feb 2009
- Location: Arizona, United States
- Posts: 73,524
- Rep Power: 348838
-
-
Lotto is for low iq people so i dont even need to ponder what id do because i dont play
10-18-2018, 08:52 PM
-
#90
- RonaldMcflurry
- I woke up like dis
-
- RonaldMcflurry
- I woke up like dis
- Join Date: Jun 2016
- Posts: 14,495
- Rep Power: 80496
-
-
Bookmarks
-
- Digg
-
- del.icio.us
-
- StumbleUpon
-
-
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts