Winning The Lotto

Teetorbilt

This is always a fun topic. You just won the big one! You're going to claim your $30M prize as a lump sum and, after taxes, you'll walk away with a cool $15M. What are you going to do?

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You can't solve you're problems with the same level of thinking that created the problems.

Albert Einstein

Glasshousebltr

Buy land and BUILD BUILD BUILD!

Bob

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Bob

N.E.Bldg&Rest.LLC

Ditto

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"Man is a tool-using animal. Without tools he is nothing, with tools he is all."

Thomas Carlyle (1795-1881)

realpurty2

In this order..
My parents and in-laws would all have funds set up for the aging process. My son's college expenses would be paid in full in advance. He'd finally get a real hemi motor with a nice muscle car attached to it. He'd have a trust fund set up for life.. a Richie Rich type fund. (Ok, he's spoiled...I'm guilty)
I'd buy land and build a new shop and furnish it with everything I could think of.
Ken would get his big yacht he dreams of.
And if any left, I'd buy my house by the lake with waterfront property.

Nice to dream atleast.. lol

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Woman in a Man's World.

Glasshousebltr

She'll be broke before ya know it. Just kiddin Purty

Bob

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Bob

Ken@K&R

Yeah since my yacht would be $1000 a month for slip fees and it would be tough to dock it at her lake house.

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Ken

Patty

That's easy!

Buy an oceanfront cottage on St. Bart's and and a sailboat, and sail, sail, sail. Nothing more, nothing less!

Ken@K&R

Sailboat with that much money you know you could afford gas.

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Ken

Patty

So, you think I should splurge and get a powerboat, too?

AAPaint

$15M works out to about $10K/day in interest. If I wanted something for $30,000...I'd buy it and wait 3 days till I bought something else. This is how the rich do it. Nothing costs them one red cent.

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-AAPaint

AA Quality Painting & Pressure Washing LLC
Jacksonville Painters
Jacksonville, FL.

Patty

That's what ya call, 'Independently Wealthy'. You live off the interest and never touch the principal.

Teetorbilt

Don't forget that your name has been published when you claim.

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You can't solve you're problems with the same level of thinking that created the problems.

Albert Einstein

MinConst

I would just get on a plane and go somewhere nice. Take a month to figure our what was next. This would all happen even before I claimed the prize if I could stand it.

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Paul
Minichillo's Construction
Website
I will never leave you hanging!

Nathan

Sounds like the Rich Dad Poor Dad book.

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Nathan

"He is no fool who gives what he cannot keep to gain that which he cannot lose." - Jim Elliot

RobertCDF

Lets see.... Pay off my debt, buy land lots of land. Build a nice house and fill it with all the toys. Have a lake built on the property. Build a gun range on the property. Stock my gun supply, ammo supply. Donate a good amount to my church. Hire some employees and continue business as usual (except I wont do the stuff I dont like )

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Robert Shaw
Colorado Springs Custom Decks
Colorado Custom Decks
Custom Composite Decks

Glasshousebltr

I don't do the stuff I don't like now.....Thats what my maggots are for.... I paid the frickin piper and......I'm the one that pays them.

Bob

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Bob

Nathan

I'd probably throw about $2 million in a range of mutual funds.

Then, I'd probably buy some real estate to rent out and generate cash flow and grow in value. Maybe a small office building in a good location or a strip mall. Warehouse... something like that.

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Nathan

"He is no fool who gives what he cannot keep to gain that which he cannot lose." - Jim Elliot

ProWallGuy

Spend most on hookers and limos, and the rest would go up my nose.

No, seriously. I'd buy a large chunk of very rural property, and build a dream house/shop. Spring fed lake would already be there. Quit working, and find a hobby or two.

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Wallpaper Hanger St. Louis
Digital Murals Installation

Melissa

Sounds like most of you would re invest your money. I don't think I'd think about that for a long time. I'd buy a nice piece of ocean front property, build a beautiful home, take a few vacations, get some good R&R, and hire a full time nanny! Oh yeah, and get some plastic surgery! I'm not going to say which kind!

Glasshousebltr

Breast implants are cool

Yes....I was the kid squeezing the silly puddy all day just begging for it to spring back.

Bob

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Bob