- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: $2B Powerball winner is already burning his money up
Posted on 9/20/23 at 9:46 am to rockchlkjayhku11
Posted on 9/20/23 at 9:46 am to rockchlkjayhku11
quote:
this is like winning $100 on a scratch off ticket and buying a case of beer
not even close.
a case of beer costs 20% of that $100, and has no monetary value after you buy it and use it.
He spent 12% of his winnings on real estate, something that holds monetary value.
0
Posted on 9/20/23 at 9:47 am to GetCocky11
maybe get a low-stress part-time job.
:lol: :lol: :lol: :lol: :lol: 
:lol: :lol: :lol: :lol: :lol: 
Posted on 9/20/23 at 9:48 am to GetCocky11
quote:
I would make safe investments, set up my family, and live a modest lifestyle
With almost $700M in the bank?
Posted on 9/20/23 at 9:48 am to Pedro
quote:
this would definitely be my play after paying off debt and buying a nice, but modest, house.
If $600m fell out of the sky and landed at your feet, tomorrow, you would live in a modest house? GTFO.
Posted on 9/20/23 at 9:49 am to The Egg
Assuming he put 20% down on a 15 year mortgage, and maxes out his Roth IRA every year, he should be fine.
Posted on 9/20/23 at 9:50 am to SlowFlowPro
Cracks me up.
First of all because everyone would know, your life would completely change. You're not just going to the lake and opening up a six pack and drinking Bud Ice all day.
The amount of hangers on and hands out you would get would be absurd. Your life gets turned upside down.
Even with multiple management firms handling it, it still requires a lot of work to keep up with whats going on with your investments.
You're getting large houses in gated communities and getting the F out of dodge for awhile to avoid the local scrutiny.
First of all because everyone would know, your life would completely change. You're not just going to the lake and opening up a six pack and drinking Bud Ice all day.
The amount of hangers on and hands out you would get would be absurd. Your life gets turned upside down.
Even with multiple management firms handling it, it still requires a lot of work to keep up with whats going on with your investments.
You're getting large houses in gated communities and getting the F out of dodge for awhile to avoid the local scrutiny.
Posted on 9/20/23 at 9:51 am to The Egg
It’s called investing in real estate.
Posted on 9/20/23 at 9:51 am to The Egg
quote:
His most recent purchase is a $47 million compound in Bel Air.
He moving in with his auntie and his uncle?
Posted on 9/20/23 at 9:51 am to Ace Midnight
quote:i mean im not going buy a mansion or anything because i dont need that much house. My first priority would be to make sure me and my family and their families are set to live comfortably. When I say modest im not talking about a fricking double wide or anything. Just not anything insane that would be way above what I need.
If $600m fell out of the sky and landed at your feet, tomorrow, you would live in a modest house? GTFO.
This post was edited on 9/20/23 at 9:53 am
Posted on 9/20/23 at 9:52 am to The Egg
Did he voluntarily put his name out there or some media leak?
This post was edited on 9/20/23 at 9:52 am
Posted on 9/20/23 at 9:53 am to The Egg
Brewster’s Billions
Posted on 9/20/23 at 9:54 am to Fun Bunch
Ok. If I got 628 million after taxes I will convince them to let me have the 8 million to farm with and live off the rest of my life. The rest of the investment money I will probably pass on.
In this scenario I would probably also have like 8 kids
In this scenario I would probably also have like 8 kids
Posted on 9/20/23 at 9:54 am to Ace Midnight
I would live in a 500,000 dollar house in a small town. It would probably be the nicest house in town but it would be nothing like what Taylor swift or whoever owns.
Posted on 9/20/23 at 9:55 am to Fun Bunch
I’ll give 1,000 to everybody I know and the people I don’t like I will tell to frick off after giving them the money
Posted on 9/20/23 at 9:55 am to The Egg
At this rate, he’s burning thru the free cash even faster than Ed O.
Posted on 9/20/23 at 9:55 am to TBubba
As a theoretical exercise, I think of the easiest way to blow all that money with nothing to show for it.
Depending on how digital rights are counted, blowing it on pay to win games seems to be up there.
Depending on how digital rights are counted, blowing it on pay to win games seems to be up there.
Posted on 9/20/23 at 9:56 am to teke184
Just make ridiculous sports bets. I actually know a guy that made a frick ton of money off bitcoin and other shite and now he places like 50,000 worth of bets every day. He is not very good either.
Posted on 9/20/23 at 9:57 am to justaniceguy
quote:
I’ll give 1,000 to everybody I know and the people I don’t like I will tell to frick off after giving them the money
My Dad always said he’d buy an hour on a local TV station and start reading from a list: “The following people can kiss my rich arse…”
Posted on 9/20/23 at 9:58 am to teke184
quote:
As a theoretical exercise, I think of the easiest way to blow all that money with nothing to show for it.
Live in a strip club 24/7.
Posted on 9/20/23 at 9:59 am to dukke v
quote:
Plus Seger I am at now is super Quiet and isolated.
man if you like your “isolated” apartment your gonna love the concept of a house.
This post was edited on 9/20/23 at 10:25 am
Page 4 of 15
Back to top
Follow TigerDroppings for LSU Football News