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What would you guys do if you won the Mega lottery?

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Posted

I would hire my son an awesome tutor and we'd travel everywhere. Stay in Asia for a few months then make our way to Europe, South America, Africa etc.

I'd save a huge chunk and give the rest of it away to my family members and a few friends. I doubt I'd go buy a new house, I'd sell our cars and get a nice family car for when we are in town.

Good point Cat... travel would definitely be something I would LOVE to do and simply can't afford now...

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Posted

i'd go home and go to sleep.

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Son of a....I just realized my divorce isn't final yet. How bad would that suck if I won....

Going to text her now to see if we can speed this thing up and seal the deal today.

Well that didn't go well...

Me: " Hey, any chance we can expedite this divorce thingy and finalize it today before I win the Mega Million Lotto tonight?"

Her: "Nope, half mine. Hooray me!"

FML

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Posted

I'd buy $200M in precious metals then live off the interest of the other $100M. I would then give away, live, travel, and spend the interest yearly.

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Posted

Article on yahoo today about this very subject...

http://news.yahoo.com/big-winners-share-lessons-risks-powerball-win-081059542.html

Pretty much if you're an idiot anyway, it's going to make your life worse, not better...

This guy was smart...

David Gehle, who spent 20 years at a Nebraska meatpacking plant before he and seven ConAgra Foods co-workers won a $365 million Powerball jackpot in 2006, used some of his winnings to visit Australia, New Guinea and Vietnam. He left ConAgra three weeks after he won, and now spends his time woodworking and playing racquetball, tennis and golf.

But most of his winnings are invested, and the 59-year-old still lives in his native Lincoln. He waited for several years before buying a $450,000 home in a tidy neighborhood on the southern edge of town.

So was this lady...

"I had to adapt to this new life, "said Sandra Hayes, 52, a former child services social worker who split a $224 million Powerball jackpot with a dozen co-workers in 2006, collecting a lump sum she said was in excess of $6 million after taxes. "I had to endure the greed and the need that people have, trying to get you to release your money to them. That caused a lot of emotional pain. These are people who you've loved deep down, and they're turning into vampires trying to suck the life out of me."

The single mother kept her job with the state of Missouri for another month and immediately used her winnings to pay off an estimated $100,000 in student loans and a $70,000 mortgage. She spent a week in Hawaii and bought a new Lexus, but six years later still shops at discount stores and lives on a fixed income — albeit, at a higher monthly allowance than when she brought home paychecks of less than $500 a week.

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Posted

So it cashes out around 300 mill?

I would take care of some people, even some of the thugs on here.

I have a plan. Will post later.

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Posted

First, I wouldn't tell a soul. I'd keep it a secret. Id annonymously donate a large sum to a local charity. I'd upgrade my PSLs. I'd invest the rest to set my immediate family up for life. Then I would just buy what I want when I want within reason until I pass away.

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Posted

First, I wouldn't tell a soul. I'd keep it a secret. Id annonymously donate a large sum to a local charity. I'd upgrade my PSLs. I'd invest the rest to set my immediate family up for life. Then I would just buy what I want when I want within reason until I pass away.

I don't think that you can stay anonymous in most states if you win the lottery can you?

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I don't think that you can stay anonymous in most states if you win the lottery can you?

True. You have to go public. But, you can take up to a year (I think?) to claim the prize, and in the meantime develop/initiate a plan for all the money, before the hordes descend like vultures.

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Posted

If I win the North Carolina State Lottery can I remain anonymous?

The North Carolina Education Lottery considers a winner's name, city/county address and the prize amount a matter of public record. If they winner can produce a valid protective order or Address Confidentiality Program authorization card this information will be released.

MrPF hit $500 on a scratch off last year...I feel our luck is coming around again...ya'll be ready

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Posted

Can't stay anonymous? Well that sucks, hope I don't win then.

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Posted

I'd also set up a college fund for everyone in my family to tap into so all the kids can go to college if they choose (so money is not an object)....and also fund the some of the older members of the family to start and/or finish their higher education.

I figure if I pay off some mortgages and make sure college is taken care of then their disposable income will increase tremendously.

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