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

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about $180 million in cash

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can you choose to be paid just the interest and avoid the principal being taxed?

-Hire tax/legal help
-Clear debt
-Nice house for the kids. Ex-wife has permission to live in with them since she has primary custody!
-Stash funds for when the kids reach the age of 25. Gives them enough time to do four yrs of college or one enlistment!
-Buy a piece of low profile waterfront in San Diego and Florida.
-Give a few dollrs to my high school.(Rapides High) Idk why i would do that for that prejudice shithole!
-Do a world tour with stops in tokyo, sydney, france, tihiti, rio, turkey, thailand, alaska and south africa.
-Do some things for the foster children of Louisiana
.....women & dro over hookers n blow

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You know you'd buy some rare comic books.

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Hell no. That's a waste of money. Scruffy isn't a collector.

Only thing he ever wanted to buy for collector purposes was a few books (literature not comics).

I am not sure most of us can conceptualize how much money that is (even after taxes).

$100 million after taxes is hard to spend unless you waste it.

For most people, hiring a financial advisor would be the biggest waste of money they could consider.

I would give 15% to my church and then pay off the little bit left on my house.

Then I would not change much of anything.

Love my job. Love my neighbors. Love my motorcycles and cars.

I would probably only do two things:
Buy a restored muscle car from the late 60's, be a suite holder at Jordan Hard, and vacation more with the family.

I'm buying a house where I want to live and a house in the Florida keys. Also buying a few boats. Giving a chunk of change to everyone in our immediate families. Then the rest gets saved or invested very cautiously. A 1% annual return on that is $1.8 MM. I could live off that yearly salary. My children's children wouldn't have to work if its invested with any competence. Id also try to go back to medical school. I just have the itch to do it and there wouldn't be any pressure. I'd do pro bono work afterwards, because I wouldn't care about the money.

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

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I would give $15 to my church

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I'd spend 10years traveling the world in extravagance. Make sure my family is financial secure. Then after having done everything I wanted in the first 10 years life would be boring so I will finally do what I've always wanted but was too scared.

I'd start scratching off names from my hit list.
PitBull and nacy grace are top priority atm.

15% not $15.

But when I read it, it made me laugh a little.

I almost left it uncorrected to see where the thread would go.

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Doesn't Florida have that law where your home can't be seized in a judgment?

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I think your home can't be seized as part of a bankruptcy there. I know a very wealthy guy thak keeps a $4MM house in FL just for this reason. That way if he loses everything, he would still have $4MM to live on.

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I'd build a decent sized house, not a huge mansion though. Get a nice truck, and a nice sports car. Then I'd buy a nice camp and land somewhere. Then I'd play it safe with the rest.

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There ya go.......