What would you do with $1.6 billion dollars?

Mr Quatro · 10-22-18, 04:52 PM

The Mega Millions jackpot drawing on Oct. 23 has soared to $1.6 billion

https://www.cbsnews.com/news/current...its-really-go/

Plus the California Powerball winning lotto ticket is now up to $620 million someone said that winning the lotto when it is this big is like putting everyone's name in America (man, woman and child) in one of those big a big dimpsty dumpster's and then reaching in and they pick your name. 😯

I would buy every business in my small town and rename it Quatro Valley

Platapus · 10-22-18, 04:54 PM

I would probably spend way too much time saying no to people.

mapuc · 10-22-18, 05:46 PM

First of all I would give Neal and Subsim a huge contribution.

Then I would buy an island and invite those(not to many) I like and live there for the rest of my life. and hopefully my friends will do the same.
And of course
With lots of animal around me.

Markus

Onkel Neal · 10-22-18, 06:20 PM

Quote:

Originally Posted by Platapus

I would probably spend way too much time saying no to people.

I would do the opposite, I would reserve $50 million for myself and then have a ball rewarding people I appreciate.

Mr Quatro · 10-22-18, 06:45 PM

I thought the tax bite would be higher ... perhaps 50%, but this says different.

I don't think I would take the thirty (30) year option ... we don't even know if the ground we stand on will still be here in 30 years.

https://www.msn.com/en-us/money/taxe...ots/ar-BBOJ1gl

Here's the tax bite on $1.6 billion Mega Millions and $620 million Powerball jackpots

Quote:

The immediate cash option for Mega Millions is $904 million. The federal withholding would reduce that by $217 million. For the $354.3 million Powerball lump sum, it would mean $85 million getting shaved off the top.

The chance of winning both lotteries is at least 1 in 88 quadrillion (that's 88 followed by 15 zeros).

u crank · 10-22-18, 06:50 PM

Well.....I could use a new pair of shoes.

Gargamel · 10-22-18, 09:06 PM

Finally buy Jim that deodorant.

10-22-18, 04:52 PM	#1
Mr Quatro Navy Seal Join Date: May 2013 Posts: 6,772 Downloads: 0 Uploads: 0	What would you do with $1.6 billion dollars? The Mega Millions jackpot drawing on Oct. 23 has soared to $1.6 billion https://www.cbsnews.com/news/current...its-really-go/ Plus the California Powerball winning lotto ticket is now up to $620 million someone said that winning the lotto when it is this big is like putting everyone's name in America (man, woman and child) in one of those big a big dimpsty dumpster's and then reaching in and they pick your name. 😯 I would buy every business in my small town and rename it Quatro Valley __________________ pla•teau noun a relatively stable level, period, or condition a level of attainment or achievement Lord help me get to the next plateau ..

10-22-18, 04:54 PM	#2
Platapus Fleet Admiral Join Date: Oct 2006 Posts: 19,361 Downloads: 63 Uploads: 0	I would probably spend way too much time saying no to people. __________________ abusus non tollit usum - A right should NOT be withheld from people on the basis that some tend to abuse that right.

10-22-18, 06:50 PM	#6
u crank Old enough to know better Join Date: Dec 2011 Location: Prince Edward Island Posts: 11,744 Downloads: 136 Uploads: 0	Well.....I could use a new pair of shoes. __________________ “Two possibilities exist: either we are alone in the Universe or we are not. Both are equally terrifying.” ― Arthur C. Clarke

10-22-18, 09:06 PM	#7
Gargamel Lucky Sailor Join Date: Oct 2010 Location: Rome Posts: 4,273 Downloads: 81 Uploads: 0	Finally buy Jim that deodorant. __________________ Luck is a residue of Design.

10-22-18, 05:46 PM	#3
mapuc CINC Pacific Fleet Join Date: Sep 2003 Location: Denmark Posts: 20,535 Downloads: 37 Uploads: 0	First of all I would give Neal and Subsim a huge contribution. Then I would buy an island and invite those(not to many) I like and live there for the rest of my life. and hopefully my friends will do the same. And of course With lots of animal around me. Markus