Mega Millions $1.02B (est) - Details on what you'd do with that kind of $$$
- Thread starter Tanko
- Start date
carolinakid
- Joined
- Oct 20, 2021
- Messages
- 39,046
ok thanks, for some reason i never got into the lotto, in all my life i purchase only a handfull of those scratch off tickets too
Probably because you’ve always had everything you’ve always needed.
carolinakid
- Joined
- Oct 20, 2021
- Messages
- 39,046
they say the person that never play it or just buy 1 ticket while stopping to get gas wins these , ok i will put that to the test friday night
I’m buying one single ticket myself.
You got this baby. 1 ticket that's all it takes.
I worked at a place where 20+ people had a lottery pool. One guy ran it and we'd each donate $5/wk and try and hit something. We only hit any significant amount of money once in the year I was there for ~$2k.
The manager was not happey because if somehow we hit, he was screwed. No one would be left to run the place.
The manager was not happey because if somehow we hit, he was screwed. No one would be left to run the place.
lemartinsports
- Joined
- Jan 4, 2022
- Messages
- 11,848
im going to buy some today. if i won i would donate a portion to charities, the rest i would split between my family and one of my best friends. the rest goes to ME
lemartinsports
- Joined
- Jan 4, 2022
- Messages
- 11,848
honestly, thats a lot of money and i love tanks idea of sharing with the good peeps in here
Same here all my homies on here get a piece of the pie. Tank is one of them …
I'd split the winnings up into piles...
Yeah, I've put a little thought into this.
We can all dream.
- 50% Invest and have it grow pile. Do not touch. Only live off the earnings. Leave principal alone.
- 15% Pi$$ it away and have one hell of a time pile. IMO I think this would get old quick. (See Brewsters Millions).
- 15% Gifts to family and close relatives. Rich people set up these trusts for their kids and the kids live off the earnings and never pay taxes as long as they don't touch the original balance. For other relatives, I'd set it up a trust to give them the max allowed each year so they avoid gift taxes. They'd get this gift annually until the trust is tapped out 20-30 years down the road. Nice X-mas present for them for years after I'm gone.
- 10% Charities, church, and other organizations
- 5% Buy a small business that I would manage. Need something to keep you busy instead of just working on managnig your pile of $.
- 5% Gifts to friends (buy people computers, phones, or give them $ directly
Yeah, I've put a little thought into this.
We can all dream.
That’s a great plan Tanko. I would follow suit with most of that how you described.I'd split the winnings up into piles...
- 50% Invest and have it grow pile. Do not touch. Only live off the earnings. Leave principal alone.
- 15% Pi$$ it away and have one hell of a time pile. IMO I think this would get old quick. (See Brewsters Millions).
- 15% Gifts to family and close relatives. Rich people set up these trusts for their kids and the kids live off the earnings and never pay taxes as long as they don't touch the original balance. For other relatives, I'd set it up a trust to give them the max allowed each year so they avoid gift taxes. They'd get this gift annually until the trust is tapped out 20-30 years down the road. Nice X-mas present for them for years after I'm gone.
- 10% Charities, church, and other organizations
- 5% Buy a small business that I would manage. Need something to keep you busy instead of just working on managnig your pile of $.
- 5% Gifts to friends (buy people computers, phones, or give them $ directly
Yeah, I've put a little thought into this.
We can all dream.
lemartinsports
- Joined
- Jan 4, 2022
- Messages
- 11,848
you are definitely preparedI'd split the winnings up into piles...
- 50% Invest and have it grow pile. Do not touch. Only live off the earnings. Leave principal alone.
- 15% Pi$$ it away and have one hell of a time pile. IMO I think this would get old quick. (See Brewsters Millions).
- 15% Gifts to family and close relatives. Rich people set up these trusts for their kids and the kids live off the earnings and never pay taxes as long as they don't touch the original balance. For other relatives, I'd set it up a trust to give them the max allowed each year so they avoid gift taxes. They'd get this gift annually until the trust is tapped out 20-30 years down the road. Nice X-mas present for them for years after I'm gone.
- 10% Charities, church, and other organizations
- 5% Buy a small business that I would manage. Need something to keep you busy instead of just working on managnig your pile of $.
- 5% Gifts to friends (buy people computers, phones, or give them $ directly
Yeah, I've put a little thought into this.
We can all dream.
Franklee168
- Joined
- Oct 28, 2021
- Messages
- 1,402
At my age, I'm blowing as much money as I can everyday. I may take some people on the ride just for shits and giggles.I'd split the winnings up into piles...
- 50% Invest and have it grow pile. Do not touch. Only live off the earnings. Leave principal alone.
- 15% Pi$$ it away and have one hell of a time pile. IMO I think this would get old quick. (See Brewsters Millions).
- 15% Gifts to family and close relatives. Rich people set up these trusts for their kids and the kids live off the earnings and never pay taxes as long as they don't touch the original balance. For other relatives, I'd set it up a trust to give them the max allowed each year so they avoid gift taxes. They'd get this gift annually until the trust is tapped out 20-30 years down the road. Nice X-mas present for them for years after I'm gone.
- 10% Charities, church, and other organizations
- 5% Buy a small business that I would manage. Need something to keep you busy instead of just working on managnig your pile of $.
- 5% Gifts to friends (buy people computers, phones, or give them $ directly
Yeah, I've put a little thought into this.
We can all dream.
Damn I wish I was your real life friend lol.
smart planI'd split the winnings up into piles...
- 50% Invest and have it grow pile. Do not touch. Only live off the earnings. Leave principal alone.
- 15% Pi$$ it away and have one hell of a time pile. IMO I think this would get old quick. (See Brewsters Millions).
- 15% Gifts to family and close relatives. Rich people set up these trusts for their kids and the kids live off the earnings and never pay taxes as long as they don't touch the original balance. For other relatives, I'd set it up a trust to give them the max allowed each year so they avoid gift taxes. They'd get this gift annually until the trust is tapped out 20-30 years down the road. Nice X-mas present for them for years after I'm gone.
- 10% Charities, church, and other organizations
- 5% Buy a small business that I would manage. Need something to keep you busy instead of just working on managnig your pile of $.
- 5% Gifts to friends (buy people computers, phones, or give them $ directly
Yeah, I've put a little thought into this.
We can all dream.
Yeah that’s a real stretch there Patty.
Free Sports Picks by League
Share this page
Free Sports Picks by League