re: What would you do if you won a 500 Million Dollar Lottery?

I'd go out & buy another lottery ticket.

It would not be a lack of ability, more a lack of desire to waste the time.

I am in a pool with wife, ex wife, three adult children. The kids would actually not be knocked over by the money. One would take the cash value. He has kids and a large Chinese extended family and a controlling wife. Two women would take the millions each year. All in their 30s.

i start with $100 million.

I will take it in 26 annual payments. First year will be around $2 million. I will tithe 10%.

I would pay my nephew who is with Berkshire Hathaway to advise me on some investments. Also would give some to invest to niece who is with hedge fund.
Also ex's brother has hedge fund. I would consider all three, use all three over time.

As for stuff, i would get two more houses. Kuaii. Marin.
Would sell my house and get one a little bigger on the lake. I am a 1/2 mile from lake now in a 3 and 2 with a big office. Location is rural, surrounded by mts. Big crop is wine grapes.

Get a big toyota suv with awd. Trade up my current 2015 car to a 2017. Id get an all electric for kuaii.

I think i would go to Thailand and marry a thai computer programmer,a burmese massage therapist, an india md and a blonde yoga instructor girl from billings montana.
A house there. This presupposes i dump my wife for a younger model. She gets 100 million.
Shes an ot 7 now.
Was a model in the high ot 8s. She'll do fine. No pics.

Buy a nice used minivan.

Quit my job and kick over every cube on the way out.

Set my parents, brother, and my kids (and their kids) up for life and then some.

Buy a P-51 Mustang and a F4U Corsair. Take flying lessons.

Maybe keep the same house. Maybe not.
Buy a bunch of land.

Maybe fly a certain miss Harley Quinn from Cali...

PSU you read my mind lol I did the math already. Three* Generations of 30 year muni/ US Treasury Bonds will make your Grandchildren's Children Billionaires. I would set up stipulations in a TRUST for the entire family and have an executor with strict guidelines on how to reinvest the bonds once they mature.

US Treasury Bond rate current: 3% paid bi-annually

- 200 million * 0.003 = 6 mil annually
- 6 mil * 30 years = 180 mil
- Spend 80 mil over 30 years leaves net 80 mil for total 300 mil
- Reinvest 300 million on more US Bonds assume 3%
- 300 mill * 0.003 = 9 mil annually
- 9 mil * 30 years = 270 mil
- Spend 80 mil again over 30 years leaves net total of 490 million

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Assuming the US is still around after 61+ years you're family would of made an extra 290 million on top of the 200 initial and 160 spent for a total of 650 million dollars. If I did this one more time. My family Trust would be sitting on close to 750 million while still spending 2.5 million a year.

I'd begin preparations for my "How Winning the Lottery Ruined My Life" episode.

I would buy as much life insurance as I possibly could on myself and spend the frick out of the rest.

First, I would give every regular contributor to this website Five Dollars.

Hire the best team of lawyers in the world to hide me behind a wall of trusts and shell companies. If necessary, I would part with up to 25% of the proceeds to have a straw purchaser claim the ticket.

After that I would take care of immediate family and designated charities, and attempt to live as anonymously as possible. I doubt my lifestyle would change much except to travel more and quit working.