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Well, first off, I see the lottery as a tax on people who don't understand probability. Given that I *do* understand probability, I don't have to pay that tax. 
That said, if I were to somehow get a $220 million windfall, I'd definitely set both my parents and my fiance's parents up to retire immediately rather than in a few years, give my brother and his wife a good chunk, buy a new house and an old Porsche, and then try to invest the rest wisely and live well.
Mountain bikes are for slow people, and reptiles are far better pets than cats & dogs!
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Where to begin...
In no particular order.
- Pay of personal debt.
- Pay off parent debt (if any) and set them up for the rest of their days..
- Pay off my churches debt and them some.
- Pay off in-laws debt.
- Pay off closest friends debt.
- Buy dream car and truck.
- Build dream house with custom reptile room.
- Start my own reptile themed pet store.
- Provide USARK all the support they need to fight HSUS and PETA.
- Finish out my current work projects and resign.
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Re: Record breaking 500 million lotto
Build a nice forever home.
Buy my wife a new vehicle.
Pay off every thing.
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BPnet Veteran
Re: Record breaking 500 million lotto
 Originally Posted by Slim
Lump sum, after taxes, you're looking at $220 million. First thing I would do is get set up for the following tax year, because it will be here before you know it.
Then go to Vegas pull some of the most hedonistic crap since the reign of Caligula.... 
Actually yesterday, it was only like 400 million and you'd get 259 lump sum.. So with 500 you'd prolly be lookin at around 300 million after taxes which is still more then anyone needs lol.
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Re: Record breaking 500 million lotto
I understand the probability, and figure there are worse things I could be doing with two bucks a week. I don't smoke (anymore), drink, do drugs etc so I consider this my one naughty little vice.
Anyhow ...
If we were to win, I'd of course take care of family and a couple friends first. We'd buy a nice little house on a ton of acreage so I can finally be a hermit, and pay off the little bit of debt we have left. I'd probably buy a few more snakes, and he'd probably buy himself a few man toys.
I'd like to set up a scholarship for a future herpetology student, donate some to various small rescues and venom labs that could really use it, and then put the rest into the retirement accounts to grow.
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BPnet Veteran
Re: Record breaking 500 million lotto
Me personally, I would set my parents up for the rest of their life, give my brother a nice amount. Pay all my stuff off and probably quit everything. I'd definitely get someone to handle my money and guide my investments to build the money. I'd buy new house/cars ect.. I like the idea of "that guy" lol I would walk in with a huge stack and just buy the best one there lol. I'd then put a big load in the bank for later life/future generations. Ohhh how great it is it dream, please please let me win!!!!!
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 Originally Posted by MasonC2K
[*]Finish out my current work projects and resign.[/LIST]
youre a better man than me. id flip them the bird and never look back. I hateee my job lmfao
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The Following 2 Users Say Thank You to Mike41793 For This Useful Post:
DooLittle (03-30-2012),MJT_23 (03-28-2012)
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BPnet Veteran
Re: Record breaking 500 million lotto
 Originally Posted by Mike41793
youre a better man than me. id flip them the bird and never look back. I hateee my job lmfao
X2 lol I'd be gone as soon as I got all my money and everything set up.
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