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re: $384 million Powerball. What are you buying first?

Posted on 12/30/17 at 9:29 am to
Posted by robertLSU
Florida
Member since Jan 2013
429 posts
Posted on 12/30/17 at 9:29 am to
$242.9 million of bitcoin
Posted by lsunurse
Member since Dec 2005
128971 posts
Posted on 12/30/17 at 9:30 am to
I've watched a few of those shows that are about lottery winners and what they did with their money.


Honestly the ones that look the happiest....are the ones that didn't go all crazy with the money.
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18436 posts
Posted on 12/30/17 at 9:31 am to
quote:

Do something you love, and you'll never work a day in your life" - Ben Franklin


This. What? Y’all think I want to open grocery store or buy a Wal-Mart? frick no. I want to open a gym and maybe a bar. Or a gun shop. Or something fun.
Posted by JOJO Hammer
Member since Nov 2010
11920 posts
Posted on 12/30/17 at 9:32 am to
quote:

propose to my girlfriend



I have two strong words for you PRENUPTIAL AGREEMENT.
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
83360 posts
Posted on 12/30/17 at 9:32 am to
quote:

Besides, $384 M can go pretty fast without some income.






If you spent $10,000 a day, everyday, it would take you over 105 years to spend every dollar of that $384 million

Investing just half of that, $192 million, and getting just a 3% return would earn you almost $6 million in interest. You could then spend $15,000 a day using just that interest earned money and never have to touch that $192 million







Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30054 posts
Posted on 12/30/17 at 9:32 am to
quote:

Honestly the ones that look the happiest....are the ones that didn't go all crazy with the money.



Agreed. I’m a simple guy. Traveling and golf is just about all I need
Posted by Ponchy Tiger
Ponchatoula
Member since Aug 2004
45114 posts
Posted on 12/30/17 at 9:33 am to
Ed Orgeron contract on the condition that Dave Aranda is given a long term deal as HC
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18436 posts
Posted on 12/30/17 at 9:34 am to
quote:

ee then I would just get involved with some charity work. Get satisfaction/purpose out of helping others with my money.


I would probably also join groups that fight human trafficking. I’d like to start my own private military to do that but $384 M won’t do that.
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18436 posts
Posted on 12/30/17 at 9:35 am to
quote:


I have two strong words for you PRENUPTIAL AGREEMENT.


Dude. She’s about to start making a lot more money than me. She’s already my sugah momma. She doesn’t need me for money.
Posted by Lookin4Par
Mandeville, LA
Member since Jun 2012
1232 posts
Posted on 12/30/17 at 9:36 am to
I would travel the world eating, drinking, adventuring, hunting, fishing, golfing and everything else I come across that I would like to do.
Posted by robertLSU
Florida
Member since Jan 2013
429 posts
Posted on 12/30/17 at 9:37 am to
Unless you win the lottery ??
Posted by lsunurse
Member since Dec 2005
128971 posts
Posted on 12/30/17 at 9:37 am to
It would be awesome to be able to randomly help out others.


Ex: There is some wealthy person in Scottsdale that every Christmas does random acts of kindness in this one shopping area by my house. No one knows exactly who the person is. They will go to the Toys R Us and pay off all the toy layaways for Christmas at that store. Will leave an anonymous tip at one of the restaurants for a couple thousand to be split by the employees. Stuff like that. I can remember reading about it and thinking how awesome it must be to have the means to do stuff like that.
Posted by DeafJam73
Baton Rouge
Member since Sep 2010
18436 posts
Posted on 12/30/17 at 9:39 am to
quote:

Unless you win the lottery ??


I’m not diving into my personal life to explain it, but I’m not worried about her leaving. Once I would get done what I said in my first post, I would take her to Paris and frick all day with the French doors open with a view of the Eiffel Tower.
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42277 posts
Posted on 12/30/17 at 9:40 am to
I’ve won more money in Amazon gift cards, Galaxy S8’s, and iPhone X’s on this site than the PowerBall is worth.
Posted by tiderider
Member since Nov 2012
7703 posts
Posted on 12/30/17 at 9:40 am to
1) travel, see the world and play golf
2) open a charter 6-12 hs school ... illustrate how a school can be run without involvement from gov/the state's dept of ed ... hire retired engineers to teach sci, teach vocational training, etc ... allow pt students to advance on their own kind of thing ...
3) start various charities staffed/run by family/friends who make the cut ...
Posted by Vood
Enjoying a Forty with Lando
Member since Dec 2007
8336 posts
Posted on 12/30/17 at 9:41 am to
I would drop 5-10 million on a state of the art car shop. Then rebuild specific year and model vintage cars, trucks and Jeeps.

Posted by MBclass83
Baton Rouge
Member since Oct 2010
9354 posts
Posted on 12/30/17 at 9:41 am to
I would never fly public again. I need a new big SUV for road trips around this wonderful country of ours.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30054 posts
Posted on 12/30/17 at 9:45 am to
quote:

It would be awesome to be able to randomly help out others.



I do small, random things for my employees throughout the year. It would be awesome to do it on a larger scale. Invest $15 million or so and use the interest earned to help folks with bills, childcare, health expenses, etc.
Posted by partywiththelombardi
Member since May 2012
11588 posts
Posted on 12/30/17 at 9:46 am to
I am establishing a coke connect with a Mexican Cartel and starting my own business.
I am going to put chili powder in all my product so people recognize my signature.
This post was edited on 12/30/17 at 9:47 am
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 12/30/17 at 9:56 am to
I’d put $50mm in safer fixed income producing portfolio

$75mm mixed over public equity, private equity, fixed income, probably buy a company or two directly.

I think I’d have $20mm or so left so I’d give family some, set up education trusts for nieces and nephews, but houses/cars/etc
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