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

Posted on 2/16/17 at 11:56 am to
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
68001 posts
Posted on 2/16/17 at 11:56 am to
Buy a city block in a gated neighborhood and move all my friends in. No family

Donate 50 million to Jesuit High School.

Open a restraunt/ bar to run.

Open a think tank for inventors where I finance their research.

invest the rest and set generations of my family in the future to be set for life
Posted by Keltic Tiger
Baton Rouge
Member since Dec 2006
20634 posts
Posted on 2/16/17 at 11:57 am to
As Bob Hope famously said: Since I am this rich, I am doing absolutely nothing to risk my life. I want to live as long as I can.
Posted by BigB0882
Baton Rouge
Member since Nov 2014
5382 posts
Posted on 2/16/17 at 11:58 am to
Buy a nice apartment in NYC but not one that is mega millions or anything. Build the home of my dreams somewhere along the northwest coast. Invest a ton and give a good amount to family and a few of my closest friends. Prepare to lose a lot of friends when I wont give them money. Then I will travel the world.

I would find something good to do with a lot of the money but I don't know what right now. Charities, fund teacher grants, etc.

I would also donate a shite ton to LSU Gymnastics to help them keep recruiting the very best.
This post was edited on 2/16/17 at 12:00 pm
Posted by tigersownall
Thibodaux
Member since Sep 2011
16246 posts
Posted on 2/16/17 at 11:59 am to
New house. New truck. New boat. New camp. I'd probably get a helicopter so I could just fly into br every Saturday for lsu games.
Posted by Alleman
St. George
Member since Apr 2013
741 posts
Posted on 2/16/17 at 12:00 pm to
quote:

Donate 20 million to LSU after they agree to fire king and alleva


THIS!!! Consider bumping it to $25 million if the Board of Supervisors don't act fast enough.

Then buy a new boat instead of a used boat. May splurge and get a 24' instead of 22'.




and who am I kidding, my bourbon preference will improve. I should also be able to afford 50/75/100 year old scotch for my dad.
Posted by 3nOut
I don't really care, Margaret
Member since Jan 2013
30810 posts
Posted on 2/16/17 at 12:00 pm to
100 acres with a tank and house.

boat.

99 2 door tahoe z71

pay for kids school and decent house post graduation as long as they worked all 4 years of school.

a yeti.

2-3 mil for retirement.

and then go to work the next day.

give every remaining cent of it away. mostly in trusts. a lot would be ironic. like giving to UT in name of the 12th man foundation. ask A&M to name a bathroom after me or something. i'd give money to my HS for the debate team. Give planned parenthood a donation specified for abstinence training.
This post was edited on 2/16/17 at 12:02 pm
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
38275 posts
Posted on 2/16/17 at 12:04 pm to
quote:

a yeti.


Baller Alert
Posted by Rossberg02
Member since Jun 2016
2591 posts
Posted on 2/16/17 at 12:08 pm to
Buy a house in the desert, mountains, at beach, and farm in the town that I live in.

Set my parents up.

Set my in laws up.

Have the next 3 generations of my family set up.

Invest.

Create a business that will allow growth and future employment for my children, grandchildren, etc...
Posted by 3nOut
I don't really care, Margaret
Member since Jan 2013
30810 posts
Posted on 2/16/17 at 12:08 pm to
quote:

Baller Alert



dude when you got $500mm no need to rock the ozark trail or magellan any more.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
130589 posts
Posted on 2/16/17 at 12:09 pm to
I would put some back for the future, but likely find a way to worthwhile give a lot of it away to worth causes.
Posted by olemc999
At a blackjack table
Member since Oct 2010
14572 posts
Posted on 2/16/17 at 12:09 pm to
quote:


This thread is done multiple times everytime the lottery gets above 100 million.


Member when it was a billion? I member.
Posted by BiggerBear
Redbone Country
Member since Sep 2011
3089 posts
Posted on 2/16/17 at 12:09 pm to
quote:

Take $100 Million and put it in a bank account that would just collect interest, I would never touch it.


Hmm, a $100,000,000 bet on a bank that only guarantees tiny portion of that?

quote:


I'd then buy a house so big on the coast of Greece, even I would be envious of my own house. I'd also install a flag pole that only flew the American Flag


Oh. This explains much of the rest of your post.

quote:

If I had any money left after all that, I'd probably invest it.


You mean, not counting the $100,000,000 just sitting in that bank account?
Posted by KarlMalonesFlipPhone
Member since Sep 2015
3848 posts
Posted on 2/16/17 at 12:09 pm to
Try and pay off my student loans
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 2/16/17 at 12:12 pm to
Yeah i noticed that too. Bank fdic is only $100k per account.
Give him some slack. He never had the $110k to worry about it until now.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
38275 posts
Posted on 2/16/17 at 12:14 pm to
I'd also buy a skyloft at the MGM and a million dollars worth of peptides
Posted by PaperPaintball92
Fly Navy
Member since Aug 2010
5318 posts
Posted on 2/16/17 at 12:18 pm to
quote:

kick off the soccer board and replace it with a real sport.


Donate 50 million to St. Jude first.

I would buy Huey P. Long's old house on the Lakes and install a heli pad in the back yard. I would then pay to install a heli pad at Tiger Stadium so I wouldn't have to do deal with game day traffic. I would have very nice houses all over the world. Private jet, big yacht, some nice cars and lots of guns.
This post was edited on 2/16/17 at 12:21 pm
Posted by jvilletiger25
jacksonville, fl
Member since Jan 2014
19206 posts
Posted on 2/16/17 at 12:20 pm to
-Give my 10% to my main man JC
-Definitely get a yacht and travel the world on it (and hire a sexy tutor for my boys, so they could go with me)
-Give $5 million each to my sisters and parents
-Hunt and fish at places I've always wanted to go
-Move back to Alabama and live on the farm (buy about $1 million worth of cattle)
-Buy a beach house on the Gulf Coast
-Invest most of it
Posted by CHEDBALLZ
South Central LA
Member since Dec 2009
22797 posts
Posted on 2/16/17 at 12:24 pm to
Camp in Grand Isle where I'll keep a 263 Calcutta, Maveric 18HPX and 4 Native Kayak 13s a 42 Freeman and 4 SeaDoo GTX 155s
Crusie the Caribbean in a 75 Nordhavn that I'll Charter when I'm not on it
Camp on Toledo Bend where I'd keep a Ranger z520ce and Mastercraft x26
Huntin Camp in Idaho
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 2/16/17 at 12:27 pm to
quote:

buy a dating app so that i could get a date


This wasn't you?!

Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
66113 posts
Posted on 2/16/17 at 12:27 pm to
Let's say after taxes, I have $200 million

$1 million to each member of my immediate and limited extended family - $20 million

College funds for all my nieces, nephews, and cousins' kids. - $5 million (estimated based on $200k and 25 kids)

Trusts for each of my kids. - $10 million x 3 ($30 million)

New home, cars, toys - $10 million

Property - $30 million

Random business and other investments - $15 million (more or less and spread out over years based on what I'm interested in)

Low Risk, interest bearing accounts - $50 million (for annual income of $2.5 million assuming conservative 5% annual ROI, less $500k/year for attorney(s), accountant(s) and manager(s), and $500k/year for general staff.)

That would leave about $40 million to apply to any of the above areas and/or philanthropy. I would also spend many days playing golf at the best courses in the world, and general travel.
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