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re: If you won $250 million powerball, how much would you give the HS you attended?

Posted on 5/31/15 at 8:04 am to
Posted by mikelbr
Baton Rouge
Member since Apr 2008
47540 posts
Posted on 5/31/15 at 8:04 am to
quote:

St. Jude's? A frick ton.


Yea if I had 125 free and clear. Easily 50 mil to charities like that. Now I am vain enough to want my name on some shite. But I without a doubt give that much away.
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 5/31/15 at 8:21 am to
quote:

I had 125 free and clear. Easily 50 mil to charities


I know it's selfish, but I'm probably not giving out any lump sums. I'm keeping 1 million and investing the rest. You can set yourself up to have generations of wealthy children, grandchildren, great grandchildren and so on. If smart, none of them would have to work. Probably wouldnt have to touch the initial invested principal. That money over those 4 generations would make much more charitable donations than the 50 million you donate. I know 50 mill right now is a lot different, but I just see the power of that much money and find the thought of dividing it up (even for noble things like charity) to be hard to do.
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