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» What will you do when you win the MegaMillions ~$940 million?
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post 1687361083 07-28-2023, 12:56 PM
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What will you do when you win the MegaMillions ~$940 million?

Personally I'm on the fence about accepting all the cash at once, versus the annuity plan. My gut reaction though is the cash option, so I could invest.

$940 million cash option would be $472.5 million. However this is all pre-tax. If you choose $472.5 million you would only get $359 million if you live in a state without income taxes.

The state I'm in requires me to be public, can't be anonymous. But I'm braisin enough to stay where I am.

I would retire early, but I would continue to work for the rest of 2023 because my management/team has good people that have been good to me. 2024 I'd retire.

I'd buy a $2m-3m house in a gated community, pay it off so all I have to deal with is property taxes, HOA, maintenance, etc.

I'd give my immediate family $5m. $2.5m to my dad, $2.5m to my mom. They're married but I'd want them to have it in their own personal accounts. I'm flexible on this number, and could see doubling ($5m each parent).

So at worst that leaves $346m.

I'd invest $50m into S&P 500, $50m into VTSAX, $100m across three tech companies I believe in (NVDA, AMD, Intel). Now we're down to $146m.

I wouldn't buy a car that costed more than $100k, and I wouldn't buy multiple cars. Never been much of a car enthusiast, don't view them as toys, don't wanna race or do anything like that.

I project I'd have a solid 60 years of life left (maybe an overestimate). I would probably budget $2m for leisure/fun/vacations each year. Hoping that my investments make more than that anyways. So put $118m into a savings account, leave $2m into my own checking.

Down to $26m. I would probably try to do some of: other investing strategies, donate to some charities, spread some love to good friends/family ($200k-$300k each person, which isn't a lot of people btw). Consider whatever is left over as cushion for emergency fund.

If I ever have kids, I'd use some of that $26m to cover college tuition + CoL from ages 18-25, buy them modern but cheap ($30k or less) cars, and give them $1m each at age of 30.

Post-death I'd consider giving all of it as generational wealth, depending on the attitude and behaviors of the kids.
post 1687361403 07-28-2023, 01:01 PM
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Would sign onto the misc and start a thread asking “what do?”
post 1687361903 07-28-2023, 01:08 PM
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strong mental masturbation OP
post 1687362533 07-28-2023, 01:19 PM
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Ruin my goddamn life.
post 1687363003 07-28-2023, 01:25 PM
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Buy the misc and rule it with an iron fist
post 1687364053 07-28-2023, 01:42 PM
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change my cell number
post 1687364203 07-28-2023, 01:43 PM
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Buy a ticket for Tuesday
There is an unspoken thing, we are iron brothers and sisters, we are to support each other and...It is our duty to support our brothers and sisters in the iron game!
post 1687364673 07-28-2023, 01:50 PM
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Oh man, if I hit that MegaMillions jackpot, you'd see me strutting around like a peacock on steroids! I'd be flexing my cash all over town, shouting "MegaMillions, baby! Who's the boss now?!"

You know those classic movie scenes where the hero walks away from an explosion without looking back? Well, that'd be me, except I'd be walking away from a pile of dollar bills flying through the air. Cue the slow-mo.

I'd be the real-life Tony Stark, living in my own billionaire playboy mansion, with a bunch of skanks outside. But forget the Iron Man suit, I'd rock a solid gold suit made from MegaMillions winnings. Gotta show off that bling, am I right?

And when someone asks me about my plans, I'd say, "Investments? Nah, I'm investing in a lifetime supply of pizza and tacos, baby! That's how you do it!"

So, no remorse, no regrets, just living my best life with that sweet MegaMillions cash flow. Who needs a cape when you've got stacks of cash to make it rain?!

Response generated by ChatGPTbrah. MegaMillions, prepare to meet your ultimate winner!
post 1687364953 07-28-2023, 01:55 PM
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hookers blow and gambling
post 1687365623 07-28-2023, 02:07 PM
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I'd set up a $7Mil trust for each of my 3 brothers and my parents.

The trust would require them to receive a bachelor's degree in finance.

Upon their graduation, they receive the money.

Meanwhile, I would be gone, I'd go into exile in a Mediterranean city. Italy or southern France or Spain. No one would know me.

I would spend my time being healthy as f*ck with as much professional help as I could for coaches, cooks, etc.

Also I'd get my favorite masseuse from Fort worth Texas to move out there with me and be my retainer masseuse whenever I want.

I would have Mr. SPOTS owner from Bowling Green Indiana move out there and make me sub sandwiches whenever I want.

I'd be a king.
post 1687366473 07-28-2023, 02:22 PM
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That's a lot of responsibility.

Whatever I did would probably be very very quiet.
INTP Crew
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post 1687366543 07-28-2023, 02:23 PM
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bbw hookers

all my fetishes

never work again
HTC is too skinny for me. Fat Girls only crew. serious
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post 1687366873 07-28-2023, 02:30 PM
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I would invest most of it into various things such as real estate (commercial and residential), index funds, ETF's, hedge funds, private equity funds, bonds, etc. I might angel invest into start up companies if I find any that I really believe in. I would also consider either buying or opening up a nightclub.

Another thing I would consider doing is, since I live in a state where it's impossible to remain anonymous, I might just try and milk the fame for all it's worth and do my own reality dating show. Only if I could get a good deal with a major network or streaming service. I think an incel winning a $900m lottery and having a dating show where a bunch of girls compete to be with him would be an interesting concept and it might have commercial success.

As for my personal purchases, I would shop around for a mansion or condo that I like, or maybe custom build one myself I don't find anything I like. I'm a car enthusiast so I would buy a Bentley, Lamborghini, Ferarri, maybe a couple more cars and that's it.

I would give me closest family members $1m each. I have a small family so that will probably only cost several million or so. And I think that's about it.
post 1687367053 07-28-2023, 02:33 PM
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I’ll tell you what I’ll do

Two chicks at the same time man
post 1687367203 07-28-2023, 02:35 PM
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Spend it to recover the nuclear submarine I lost at the bottom of the ocean that one time (story for later)

(Technically it's not lost I know exactly where it sunk)
Would kick em in the nuts
post 1687368983 07-28-2023, 03:15 PM
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I'd buy bb.com and live in a one bedroom condo with a tv, couch and mattress on the bedroom floor. I would be a pauper king of the misc handing out punishments as I see fit. Any negs would receive a swift ban and any mention of Pennsylvania would be erased from the site.
post 1687369173 07-28-2023, 03:19 PM
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I would play cornhole with actual cornholes.
"To be a warrior is not a simple matter of wishing to be one. It is rather an endless struggle that will go on to the very last moment of our lives. Nobody is born a warrior, in exactly the same way that nobody is born an average man. We make ourselves into one or the other."-- Carlos Castaneda
post 1687369363 07-28-2023, 03:22 PM
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similar to what I am with more luxury
post 1687369413 07-28-2023, 03:24 PM
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build multiple castles
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