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re: if you won the powerball (about $180 million in cash)
Posted on 1/29/15 at 7:36 pm to SEClint
Posted on 1/29/15 at 7:36 pm to SEClint
First thing I would do is call up my cousin who works for Wells Fargo and start talking investments and savings. I mean, do you just go to the bank and deposit a check for $180 million? I imagine I would have to spend a couple weeks lining up everything and making sure my money was protected and insured.
Short term-
Pay off my house and cars
Pay off house and cars of all immediate family
Donate at least $5-$10 million to various charities
Invest or save all money in accounts that will generate enough interest to live off of
Put $10 million in a trust fund for my daughter
Long term-
Move to San Francisco
Buy, build, or invest in some type of golf course or practice facility
House in Vail/Beaver Creek, CO for ski vacations at any time
Condo in some type of luxury beach area
Probably upgrade vehicles
And basically just do whatever it takes to live worry free for the rest of my life and make sure my wife and kids would never have to worry about money.
Short term-
Pay off my house and cars
Pay off house and cars of all immediate family
Donate at least $5-$10 million to various charities
Invest or save all money in accounts that will generate enough interest to live off of
Put $10 million in a trust fund for my daughter
Long term-
Move to San Francisco
Buy, build, or invest in some type of golf course or practice facility
House in Vail/Beaver Creek, CO for ski vacations at any time
Condo in some type of luxury beach area
Probably upgrade vehicles
And basically just do whatever it takes to live worry free for the rest of my life and make sure my wife and kids would never have to worry about money.
Posted on 1/29/15 at 8:49 pm to EyeOfTheTiger311
Buy a small private island and a fully loaded A-10
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