$425,000,000! What would you do?
Posted 26 November 2012 - 07:33 AM
Edited by Greg Wann, 26 November 2012 - 08:30 AM.
Posted 26 November 2012 - 08:10 AM
Sick of all those step-siblings?
I would go anyways!...Just google my last name to find out why!
Posted 26 November 2012 - 09:01 AM
After retaining a lawyer to act as my representative and protect my privacy,
I think this is the most important thing any lottery winner can do, but very, very few do it. Humility and winning the lottery don't usually make good bedfellows.
10. Enjoy life a little.
That's always free.
Here are some interesting stats based on 43 previous national lottery winners: http://www.statistic...ner-statistics/
Effects on Lifestyles Percent of lottery winners who had spent their entire winnings within 5 years 44 %
Posted 26 November 2012 - 09:21 AM
Might as well instead of just paying off your bills as that would be too easy.
I'd hire a bunch of people and pay them good money with benefits to just sit all day calling up and harassing the bill collectors that have been doing that to me!
Posted 26 November 2012 - 09:41 AM
Posted 26 November 2012 - 11:55 AM
1)Park most of the money (about $150 million or so of the winnings)in interest bearing accounts that would yield at least 3 to 4% per year.After a year or two I'd then live off the interest.
2) Take the rest and pay off bills for myself,my daughter and some friends and family.I'd fix up my house to sell,buy another place to live and then I'd begin to enjoy life by:
3) Building a first class slot car center on the east side of Metro Detroit.There are 3 on the west side but there are plenty of guys who don't want to travel that far to race.Think along the lines of the old American Raceways places of the 60s and add a drag strip to it.
4) Buying a big plot of land and pave it so the local autocrossers can have a permanently available place to run each Sunday.Erect a top quality facility there with plumbing and lavatory facilities and lighting to be able to run at night if necessary.Add a grandstand so spectators don't have to stand to watch the action.We'll call the place Pylon Park.
5)Buy all the old cars I've wanted and an old warehouse or factory in which to store them.If you local Detroit guys ever saw Dick Kughn's old Carail place you know what I'm talking about but it would be about 10 times the size of Carail.maybe even Jay Leno facilities sized.
6)I'd dabble in some investment grade styrene : ) and find my grail kits.
7)Donate to select charities,probably anonymously.
Posted 26 November 2012 - 12:09 PM
See how much of Jo-Han I could put back together?
That sounds like a great way to end up with nothing left!
Posted 26 November 2012 - 12:15 PM
Posted 26 November 2012 - 01:29 PM
Sick of all those step-siblings?
You probably didnt google enough!
my name is an "Americanized" version of the name ..."O'MacBradaigh" which is irish!....Not really tired of all the siblings being one is a guard of some sort to the royal thrown , one was / is the King of Scotland....another is a former Army capt/col. that made history back during the indian days!...out in around toledo ohio there is a gorge out there that he leaped off of to escape the persuing indians from killing him and lived to tell about it!...AKA..."Brady's Leap"...google it!
Posted 26 November 2012 - 01:30 PM
Posted 26 November 2012 - 02:00 PM
Id get the following vehicles:
70 Chevelle 396 SS red w black stripes and interior pro touring
66 Nova black w/red pearl and 87 Grand National drivetrain protouring
72 C10 Body Dropped, bagged, and shaved
2013 Terrain (Wife)
2 Oval Window Beetles (My daughter and I)
Oh yeah, and I'd hire a good (ie quality, value, honesty) contractor to "flip" houses for me so I could be sure the money wouldn't run out as I spend it.
Edited by Skydime, 26 November 2012 - 02:14 PM.
Posted 26 November 2012 - 03:57 PM
Posted 27 November 2012 - 08:48 PM
Posted 28 November 2012 - 01:59 PM
Posted 28 November 2012 - 02:39 PM
Posted 28 November 2012 - 02:43 PM