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ONE BILLION DOLLARS (Mega Millions jackpot)

Discussion in 'BBS Hangout' started by TheRealist137, Oct 19, 2018.

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  1. Duncan McDonuts

    Duncan McDonuts Member

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    That's why it's best to take the lump sum. Invest it and you'll never go broke.
     
    #21 Duncan McDonuts, Oct 19, 2018
  2. ima_drummer2k

    ima_drummer2k Member

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    Yeah, that's the part that really blows my mind. Even a paltry 10 million in a mutual fund would net you 500K a year perpetually. I could get by on 500K a year for the rest of my life.
     
    #22 ima_drummer2k, Oct 19, 2018
  3. moestavern19

    moestavern19 Member

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    I would take the lump sum, invest a comfortable amount in T-bonds, mutual funds, ETFs and put maybe 5% in higher risk like crypto / pot stocks / biotech. Then I would invest heavily in real estate in no-brainer resort areas. Hire a money manager / accountant and a real estate manager, move my entire family to a secluded island in Central America and then never do anything ever again.
     
    #23 moestavern19, Oct 19, 2018
    marky :) likes this.
  4. The Hunted

    The Hunted Member

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    Bingo. That's the real value of a lotto ticket.
     
    #24 The Hunted, Oct 19, 2018
    fattz and BigM like this.
  5. Rocket River

    Rocket River Member

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    If you take the yearly thing .. . . it is like 17 million a year
    So . . .if someone is not good with money and don't want to manage it through stocks and bonds
    that maybe the best option

    Rocket River
     
    #25 Rocket River, Oct 19, 2018
  6. tinman

    tinman 999999999
    Supporting Member

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    If I win

    all 99ers get money
     
    #26 tinman, Oct 19, 2018
    Rocket River, boomboom, ROCKSS and 1 other person like this.
  7. marky :)

    marky :) Member

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    #27 marky :), Oct 19, 2018
    fallenphoenix, theimpossibles1, Pole and 4 others like this.
  8. BigM

    BigM Member

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    I bought 5 tickets. I’m pretty sure I’m winning.
     
    #28 BigM, Oct 19, 2018
  9. Ottomaton

    Ottomaton Member
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    [​IMG]
     
    #29 Ottomaton, Oct 19, 2018
  10. fallenphoenix

    fallenphoenix Member

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    municipal bonds. avoid the capital gains tax
     
    #30 fallenphoenix, Oct 19, 2018
    ima_drummer2k likes this.
  11. ElPigto

    ElPigto Member
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    If I win, I'll make sure and rent a luxury suite for the season and party with clutchfans members every game.
     
    #31 ElPigto, Oct 19, 2018
    CometsWin and Two Sandwiches like this.
  12. Haymitch

    Haymitch Custom Title

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    Just in case you do win, just know that I've always loved your figure, Carl Winslow.
     
    #32 Haymitch, Oct 19, 2018
    Last edited: Oct 20, 2018
    BigM likes this.
  13. Major

    Major Member

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    No - they are just a different form of entertainment like a movie or whatever else you might spend money, with a tiny chance of a net return. For $1, you get to dream of being rich and get a few seconds of excitement when you try to see if your numbers line up. It's no different than people spending $1 on an arcade game or gambling or buying a snowcone.

    Or, if you find the flawed lotteries, they are a solid source of profits:

    https://highline.huffingtonpost.com/articles/en/lotto-winners/
     
    #33 Major, Oct 19, 2018
    Rashmon likes this.
  14. cheke64

    cheke64 Member

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    I'm letting my kids pick the numbers. I told them they to H-tine Hol it dine.
     
    #34 cheke64, Oct 19, 2018
  15. boomboom

    boomboom I GOT '99 PROBLEMS

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    If I win, I'll buy penile enlargement procedures for a number of you twits. You know exactly who you are.
     
    #35 boomboom, Oct 19, 2018
  16. Space Ghost

    Space Ghost Member

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    Nobody needs to win for that. $75.00 will remove ads.
     
    #36 Space Ghost, Oct 19, 2018
  17. body slam

    body slam Member

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    I'm most likely wrong if you take the full amount its 40% off the top and 40% of what is left goes to taxes.

    Payments you get the full amount over 20 years and pay 40% tax.
     
    #37 body slam, Oct 19, 2018
  18. Sajan

    Sajan Member

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    #38 Sajan, Oct 19, 2018
  19. jayhow92

    jayhow92 Member

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    If I win I'm going to pay off my student loans...



    ...and then buy a taco with the remaining 3 bucks
     
    #39 jayhow92, Oct 19, 2018
    Nook, jev5555 and Sajan like this.
  20. Zboy

    Zboy Member

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    I hope you win and get over your fear.
     
    #40 Zboy, Oct 19, 2018
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