What If You Won The $215 Million Powerball?



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Wandering Idiot
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Well, it's Powerball time here in part of the states, and the winning jackpot is $215 million as of now ($117.3 million cash payoff before taxes). The other day I was sitting around at work, doing nothing as usual, and up came the conversation of what any one of us would do with that much money ($177 million at the time). This got me thinking, and I decided to write up this thread to find out what all of you INTL folks would do with that kind of money.

Here's what I would do:

First things first, take the cash payoff. I don't want to wait 20 years for all of it to come around to me, so I'd take all I can now and invest a portion of it in something.

I'd spread some of the money out to my family. My grandparents farm, so ground and farming equipment would be bought up, as well as all of there mortgages paid off, and plenty of money to spend on random shit they want. My parents would never have to work again unless they wanted to. My brothers would get a nice sum each as well. My father's side of the family would get a nice chunk each as well (my mother's family is full of asshat cuntrags, nothing for them).

What money I would have left after taxes would go towards buying myself a nice size chunk of property in the middle of nowhere (at least 1 mile from the nearest neighbor or busy road) so I could live unpestered by society. That and having the ability to mow the lawn in the nude is a giant plus in my book.

In the time that I get so bored with my life that I actually want to work, I'd start restoring cars, preferably of the Datsun variety ('78 and prior only).

Finally, as a little goodwill type thing, I'd donate a nice size chunk of money to the American Diabetes Association, due to the fact that my mother and brother are both insulin dependant diabetics. After all, they can't enjoy the money if they're not around to spend it. (That and it's a nice tax write-off)

Oh, and I'd make sure that Sandamnit would never have to pay server charges again.

Now, what would you do with all that money, if you won it all in Powerball?

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Mr Excitable
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...soil myself...what do i care im 215 million richer.

Actually I would gather some of my very close friends and go a proper week long bender somewheres fun and sinful. Id travel for a good long time and see people that have moved away.

Move the hell out of Nova Scotia, because the very next day my mailbox and telephone would be ringing off the hook, from every lazy idiot around here looking for a bloody hand out. (It happened here, a woman moved to Ontario because everyone in her community gave her a hard time because she wouldnt give people a cut of the 30 million)

Id give my brother a few million and pay back my parents the thousands I squandered in university.

I would take the rest and look into investing it and trying to make some of the money grow for me.

Finally buy a nice house and a nice car. Wallow in my own filth.

There is more money being spent on breast implants and Viagra than on Alzheimer's research. This means that by 2030, there should be a large elderly population with perky boobs and huge erections and absolutely no recollection of what to do with them - Dave Barry

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emtilt

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Quoted from Wandering Idiot:
Oh, and I'd make sure that Sandamnit would never have to pay server charges again.

I'd do that.

I'd buy a 1952 Fender Telecaster, a Steinway grand, and a kickass Gibson Les Paul. Probably some other instruments too.

I'd buy the bassist I play with a decent bass since his current one is a piece of shit. I'd the keyboardist I play with a nice amp since his current one is a piece of shit.

I'd buy equipment for a little home recording studio.

I'd invest enough to be set for life.

I'd get a car (nothing too expensive, I just need something that I can drive since I currently lack a vehicle. I don't see the point of overly expensive cars; I just want something practical).

I'd either buy four of my close friends (let us call them A, M, K₁, and K₂) some nice stuff or maybe just give them some cash to set them up for life. Then I'd take them all on a nice vacation, because we've always talked about taking a long trip together one day. That's porbably the thing that would make me happiest as far as spending the money.

I'd make sure my family was comfortable, too.

EDIT: I'd also finally get myself a cell phone.

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Quoted from emtilt:
I'd buy a 1952 Fender Telecaster, a Steinway grand, and a kickass Gibson Les Paul. Probably some other instruments too.

I'd buy the bassist I play with a decent bass since his current one is a piece of shit. I'd the keyboardist I play with a nice amp since his current one is a piece of shit.

I'd buy equipment for a little home recording studio.

I'd do all that as well, but instead of the Tele, I'd get a '57 Stratocaster.

And, now that I think about it, a harpsichord would be pretty fucking cool as well.

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Move to Mykonos, learn Greek, and write for the rest of my life.

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emtilt

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Quoted from Dante:
Quoted from emtilt:
I'd buy a 1952 Fender Telecaster, a Steinway grand, and a kickass Gibson Les Paul. Probably some other instruments too.

I'd buy the bassist I play with a decent bass since his current one is a piece of shit. I'd the keyboardist I play with a nice amp since his current one is a piece of shit.

I'd buy equipment for a little home recording studio.
I'd do all that as well, but instead of the Tele, I'd get a '57 Stratocaster.

And, now that I think about it, a harpsichord would be pretty fucking cool as well.

Since I'd have the money to blow, I'd like a 57 Strat too. And a harpsichord would be pretty badass...

Ein

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I'd buy a premium account. And a pony.

Holy shit. No, nothing in particular, I just like saying it.

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Greatest stereo system ever, along with all the music I want.

I'd probably buy some good music producing stuff, too, and actually bother to learn how to use it. I'd donate some to charity, take a few trips around, see a lot of plays/musicals.

I don't really know what to do with so much money.

edit:
I'd buy solar panels for the house. I'd enjoy that. They look kind of neat, and they're enviromentally friendly.

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This reply was last edited on 10-24-04 04:37:18 PM by Hasty Penguin.

Wandering Idiot
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Quoted from Hasty Penguin:

I don't really know what to do with so much money.

It's definitely a bundle, and someone is going to win it, so they're not going to have a clue what to do with that much as well.

Just thought of something else, INTL kegger. Fly everyone to a central location and throw a gigantic beer and drug bash.

Only the dead have seen the end of war.
-George Santayana

Mr Excitable
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Quoted from Wandering Idiot:
Quoted from Hasty Penguin:

I don't really know what to do with so much money.

It's definitely a bundle, and someone is going to win it, so they're not going to have a clue what to do with that much as well.

Just thought of something else, INTL kegger. Fly everyone to a central location and throw a gigantic beer and drug bash.

YEAH NOW THATS THE PROPER IDEA....Im all for partying, bust out that 3 liters of JD

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Pay for college.
Buy a couple horses and go to a couple events just for the hell of it.
Buy a house in which to live.
Put a darkroom in said house.
Go a few places, namely Rome and Athens. Visit some people.
Oh yeah, and buy a Wawa sweatshirt. I figure that if I were to offer enough money they wouldn't turn me down.

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asthetik
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making jabs at each other is what the internet is for you fucking idiots. oh, and for stealing things.

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Fine Liquor and cigars: $2,000

Top of the line Pioneer CD-DJ and mixer setup - $2,500

12" Record binge: $1,000

200' Yacht - $18 million

Aston Martin Vanquish, Porsche 911 GT2, Mercedes S600 V12, Bentley Continental, Rolls-Royce Phantom, Ferrari 360 Spyder, Audi RS6, and a few others: $ 1 million or so

Lots of expensive clothes: $30,000

World Series of Poker Entrance- (Limit Hold 'em, no limit hold 'em, and no limit main event) $14,400

Rolex Daytona - $9,000

Monaco home: $5 million US
Paris Home: $5 million US
London Home: $6 million US
Schloss in the Bavarian alps: $15 million

World travel budget: $100,000

Everything else would get invested in one form or another.

You pick up this working girl who's hooked on smack, who hustles and scores, that's all I do she says, she says 10 bucks for head, 15 for half and half, she says, 3 hits a day at 35 per. You say thats 7 tricks a day at least but she says, sometimes I get lucky, once this guy gives me a bill and a half just to eat me, only time I ever came. You figure you can save her, you sell your color TV that keeps her off the streets a whole day, you hawk your typewrighter for one jolt, then your shotgun, your watch, a week later you say listen I'm a little short, but she says no scratch, no snatch. You say look, it is better to give, but she says, be gone - creep. One night they spot you on the street in your skivvies, tryin to sell your shoes. You tell them who you are but they nail you, then she happens by and she says, Christ you look fucked, she says, hang tough. But you don't say anything.

You just think what a bum wrap for a nice sensitive guy like me.

Wandering Idiot
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Quoted from Mr Excitable:

YEAH NOW THATS THE PROPER IDEA....Im all for partying, bust out that 3 liters of JD

Sadly, the 3L bottle now sits atop my friend's fridge as a trophy to a very long weekend of partying. However, I'm sure I could procure a rather large amount (a personal barrel which houses in the range of 235 750ml bottles of Single Barrel) of Jack Daniels.

Sadly enough, I actually plan on spending the $8,000 and change on a personal barrel when I get back from Iraq. All that deployment money has to go towards at least one of my goals in life.

Only the dead have seen the end of war.
-George Santayana

Lyle

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The first thing I would do is to tell my dad that he could go quit the piss-ass job that he's been at for the past 15 years. Tell my parents to sell our house and let them move anywhere they wanted to. Buy my dad a boat and take my mom on a huge shopping trip.

Second, I'd finish off high school at home, as I wouldn't be living in the town I do now. I'd take all of my friends on a huge trip to Europe, because I love them all dearly. We'd party it up in every city we went to, and it would be spectacular.

Next, I would travel around the world by myself. I'd go to Australia, New Zealand, Russia, Sweden, Ireland, Iceland, Japan, all of those great places. I'd take hundreds of rolls of pictures while I was traveling, and I'd always stay in the best places available. My one goal in life is to travel, so this would be the first thing I'd really do all for myself.

I'd buy my brother a house of his own, fully equipped a studio and recording equipment. He'd have whatever guitars he wanted, and would finally get on a label, because I'd pay someone off to get him there. (Hahaha.) I'd make sure all of his bandmates had plenty of everything, because they're all like brothers to me.

Finally, I would find a little cottage somewhere in the middle of nowhere in Ireland. I'd buy a couple of horses, and fix the place up real nice, making sure that it had an art studio and kilns and such. Then I'd live in comfort for the rest of my life doing pottery and painting and riding my horses around the countryside.

Mr Excitable
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Quoted from Wandering Idiot:
Quoted from Mr Excitable:

YEAH NOW THATS THE PROPER IDEA....Im all for partying, bust out that 3 liters of JD

Sadly, the 3L bottle now sits atop my friend's fridge as a trophy to a very long weekend of partying. However, I'm sure I could procure a rather large amount (a personal barrel which houses in the range of 235 750ml bottles of Single Barrel) of Jack Daniels.

Sadly enough, I actually plan on spending the \$8,000 and change on a personal barrel when I get back from Iraq. All that deployment money has to go towards at least one of my goals in life.

I totally support your goal in obtaining a crazy amount of alcohol. I can only pray you win the lottery so this can be achieved faster.

Extrapolation

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Quoted from asthetik:
Aston Martin Vanquish, Porsche 911 GT2, Mercedes S600 V12, Bentley Continental, Rolls-Royce Phantom, Ferrari 360 Spyder, Audi RS6, and a few others

Once again, your taste is impeccable. Though I'd go for a Z-4 over the Rolls or Bentley, but I'm just a sportier type when it comes to cars. An Aston would definitely be on my list. Another couple thousand or so, and I'm off to the Autobahn, which has long been one of my dreams.

As for me, I'd use $20 million or so to finance, write, and direct a film of my own. That's all I've ever really wanted to do anyway, and hopefully that would provide enough money for me to continue in my outrageously luxurious, yet reclusive lifestyle.

Also, my girlfriend keeps saying she wants to live in the Virgin Islands, so I'd buy us a large house on the beachfront, and a few miles of private property.

I'd also want a chateau in Monte Carlo, where I would drive the aforementioned cars throughout the hills, and relax in the countryside, while writing screenplays on a 17" Titanium Powerbook.

I have no idea how much these things would cost, but I think that might have just about maxed out my account.

This reply was last edited on 10-07-04 09:14:28 PM by Extrapolation.

Wandering Idiot
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Quoted from Mr Excitable:

I totally support your goal in obtaining a crazy amount of alcohol. I can only pray you win the lottery so this can be achieved faster.

THAT'S IT. I'm buying a ticket. Tomorrow, when I'm less lazy.

Only the dead have seen the end of war.
-George Santayana

kayte
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First of all I'd request that my name weren't released, for the reason Mr Ex mentioned. Do they do that?

How much would you get from the payoff after taxes? $100 million? Less? I'll go with $100 million.

* I'd pay off all my debt, which is ~$40,000

* I'd pay off all my MOM's debts, which I don't even wanna go there, and buy her a new house..or two.

* I'd buy ME a new house...actually I'd have one built.

* I'd pay off all the the forums I belong to.

* I'd buy everyone in my family something. A car, a pony, I dunno. Spread the money around.

* I'd put money into my town and into my university.

* I'd donate to the Canadian Cancer Society because odds are I will die of cancer and plenty in my family have had it, and I'd also give to the IWK (children's hospital), and maybe MoveOn.

* I'd travel. I'd want to see everything that is safe enough to see.

* I'd invest for me and for my future kids.

I've thought a lot about winning the lottery. I need a buy a ticket.

goatsnacks
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I would pay of all of my, and my parents debt. Then id put the rest in the bank and live simple.

Or just burn it. Just to say i burnt 215 million dollars.

Mr Excitable
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Quoted from goatstack:
I would pay of all of my, and my parents debt. Then id put the rest in the bank and live simple.

Or just burn it. Just to say i burnt 215 million dollars.

Thats just silly...burn 215 million dollars. Thats not even a legitimate answer.

Wandering Idiot
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Quoted from kayte:
First of all I'd request that my name weren't released, for the reason Mr Ex mentioned. Do they do that?

How much would you get from the payoff after taxes? \$100 million? Less? I'll go with \$100 million.

* I'd invest for me and for my future kids.

I've thought a lot about winning the lottery. I need a buy a ticket.

Any time anyone wins a lottery jackpot, if they're stupid enough to have their names released, they're immediately looked to for a hand out. It's the nature of the beast.

As far as taxes, in the US, the government would snag up a good 50%, so $60 million would be a rough guesstimate if cash option is taken. The US tax system fucking sucks in hat department.

Once again, privacy factor, especially with family and eventually meeting the father of your eventual children. Too many people are gold-diggers.

Damnit, I need to stop thinking about this now or I'm going to wind up blowing $30 bucks on lottery tickets.

Only the dead have seen the end of war.
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Hasty Penguin
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Yeah, post-secondary would be a good thing to pay for.

I'd also purchase a reserve, I think. I like the idea of having some natural stuff left about. Maybe I'd put a trail through it. Just one, and if you stray off it, then you pay a $500 fine to myself, 50% of which would go to some tree planting organization or something.

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goatsnacks
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Quoted from Mr Excitable:
Quoted from goatstack:
I would pay of all of my, and my parents debt. Then id put the rest in the bank and live simple.

Or just burn it. Just to say i burnt 215 million dollars.

Thats just silly...burn 215 million dollars. Thats not even a legitimate answer.

No really, Im actually that stupid. Id probably buy the store I work at too, and burn it.

I dont care much for money. Its not like suddenly owning 215 million pieces of green paper, that can supposedly get me anything, is gonna change how my everday life is. Sure, I wont have to work. And sure, I can probably get laid at least 4 times a day. But I really dont care.

I would rather be remembered as the dumbass who burnt 215 million dollars then the ho-hum rich guy who spent it like any other rich person would there fortune.

asthetik
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making jabs at each other is what the internet is for you fucking idiots. oh, and for stealing things.

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Quote:
Once again, your taste is impeccable. Though I'd go for a Z-4 over the Rolls or Bentley, but I'm just a sportier type when it comes to cars. An Aston would definitely be on my list. Another couple thousand or so, and I'm off to the Autobahn, which has long been one of my dreams.

The Rolls and Bentley are for chauferred driving (okay, not the Continental, thats a driver's car) to and from my stately residences. Some notables I forgot:

Mercedes CLK-DTM (limited release, its a street version of
their DTM racing car)

The rest of these aren't street legal:

Ferrari F-2002 (Ferrari is now selling their old F1 cars, couldn't go without one of these)
Citroen Xsara WRC car
Maserati MC12 (their FIA GT car based on the Enzo)
BMW M3R
Porsche 911 GT3 RSR

I'd want some BMW's once Chris Bangle gets fird.

Oh, and I'd need an FIA-approved race-track at my Bavarian residence, as well as an off-road rally course.

Menion
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I'd upgrade my computer, pay off all the family bills (mortgages, cars etc..) and pay off sandy's server.

Then I'd buy myself a business of somekind, like a Wendy's and invest a large chunck in a stock exchange.

Then I'd put the rest in the bank and put myself through school.
Once out, I'd get a job and start up my own investment firm.

Anything left that I don't think I'd need, would go to productive charities.

Ok, that's good to know...

This is the New York Times quoting a federal payroll:
Associate Assistant Secretary
Assistant Assistant Secretary
Deputy Assisstant Assistant Secretary
Associate Deputy Assistant Secretary
Chief of Staff to Associate Assistant Secretary
Chief of Staff to the Assistant Assistant Secretary
Principal Deputy to the Deputy Assistant Secretary
Principle Assistant Deputy Undersecretary
Associate Principle Deputy Assistant Secretary

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