re: Friday Megamillon Winner

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Probably need a hedge fund or private equity group. I'm guessing it would take more than 10mm but it would be worth it to keep the crazies away if you could truly stay anonymous.

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It’s easily done even in states like Louisiana where you “supposedly” can’t remain anonymous.

It’s done through LLCs and trusts.

As for the payout vs lump. Default would be the biggest concern but you could end up with more money if invested correctly.

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How great is the default risk?

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% wise, not high at all. But utility comes into play

Is $500,000 a year enough to cover household expenses, plus hookers and blow?

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Is $500,000 a year enough to cover household expenses, plus hookers and blow?

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All the houses , cars and etc paid cash. So need $ for cell phone, property tax, utilities, insurance & food.

$2,400 annually for Cell phone

$12,000 annually for power

$6,000 annually for internet/TV

$3,600 for gas

$3,600 for water/sewage

$15k annually for Insurance

$10k annually for prop taxes.

$36.5k for food & drink

$7,800 annually for gas for autos $150

That's

$96,900

Add another $54.1k for miscellaneous is $150k

$350k for the hookers and blow.

THIS IS ALL PURELY SPECULATIVE WITH NO PERSONAL EXPERIENCE. MY RESEARCH IS ONLY FOR ENTERTAINMENT & HYPOTHETICAL IN NATURE. I TAKE NO RESPONSIBILITY FOR ANY DAMAGES SHOULD SOMEONE BUDGET USING MY DATA


A good and I mean fire 99% pure 8b cost $400 + 100 for drinks $500. Then the entertainment cost how much? $300 an hour? Say 3 hrs @300 is 900. Rounding up to $1,000. Plus the 8b & drinks up to $1500 per party..


That's 233 days you could party. 19 days a month. Essentially 2 days on 1 day off.

Now, you could do it less frequently but up the $ for entertainment and other supplies.

Let's say $700 for 8bx2 and $2500 for entertainment and another $300 for drinks and other supplies. That's $3,500 per ˜ 100 times annually

2x a week so a Fri/Sat party and a Tue/Wed. Party.


That's

Well, like Lawrence said in Office Space when asked what he do with a million dollars, he answered "Two chicks at the same time".

So we have to double your hooked rate and I'm not so sure a 8-ball is going to be enough blow. However, nice job on detailing your assumptions and showing your work.

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Is $500,000 a year enough to cover household expenses, plus hookers and blow?

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I could live a very fulfilling life of hookers and blow on $500k annually. I make way less now and still am able to enjoy a nice toot and hooker from time to time.

Or you could save $4

If only life worked that way. Hookers and blow are exactly like everything else. You keep doing, you get used to it, it becomes your life. You don't feel good doing it anymore, you feel bad if you don't. You're filthy rich but you're a miserable drug addict with no joy in life looking for the next biggest high. Then you kill yourself or die. Many such cases.

Cautionary Tale

Also,


I only need like $5 mil, annuity for me...

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I’d only accept the winnings if they guaranteed I could be only Lottery Dream Home. I’d blow those $250k McMansions out the water

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Just admit that you want the host to suck your dick