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re: if you won the powerball (about $180 million in cash)

Posted on 1/28/15 at 11:52 pm to
Posted by List Eater
Htown
Member since Apr 2005
23582 posts
Posted on 1/28/15 at 11:52 pm to
interesting question. i just watched ''Broke'' tonight on Netflix.

I've also seen those E! specials about lotto winners going broke.


that scenario is just nuts to think about. you have no clue until it happens to you.
Posted by SippyCup
Gulf Coast
Member since Sep 2008
6147 posts
Posted on 1/29/15 at 7:43 am to
quote:

lotto winners going broke. you have no clue until it happens to you.


And this is how it happens

quote:

Half split between Exxon, Apple, Johnson & Johnson, and Under armor. Put 20% into various retirement funds and mutual funds. Another 20% would be used to build a comfortable house, buy a few places in vacation spots, one on each coast, one in Colorado. And also buy a nice vehicle. 10% for living expenses. I'd still work part time to have an income until about 40.

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