what would you do with $180,000,000 (before taxes)?

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Posted by emc^2 on May-25-2005 20:03:

what would you do with $180,000,000 (before taxes)?

So, the powerball is up to cool $180 Mill... I'm off to buy some tix - but curious, what would you do with this kind of loot if you won?

Keep in mind that in reality (cash out) option you'd get about 25% of that - which is still a smokingly-cool $45 mill cash money.

So, what would it be? for real.. not something stupid like fill my pool with dom perignon and fill it with h00kerz.

key is: REAL WISHES or what you'd spend the dough on.

Posted by nchs09 on May-25-2005 20:05:

finish paying my parents new house

get my granny a new hizhouse...

get myself a house
nothing crazy around 300k or 400k not in the millions

get a pagani zonda and a ferrari...

put rest in bank exept for ensurence money and gas

Posted by trunks1022 on May-25-2005 20:06:

Re: what would you do with $180,000,000 (before taxes)?

quote:
Originally posted by emc^2
So, the powerball is up to cool $180 Mill... I'm off to buy some tix - but curious, what would you do with this kind of loot if you won?

Keep in mind that in reality (cash out) option you'd get about 25% of that - which is still a smokingly-cool $45 mill cash money.

So, what would it be? for real.. not something stupid like fill my pool with dom perignon and fill it with h00kerz.

key is: REAL WISHES or what you'd spend the dough on.

pay off car loan, current apt mortgage, get a new house, a few luxury cars, and i don't tell my future kids about it.

Posted by Estella on May-25-2005 20:09:

I would give half to my mom, take a little bit for myself and go backpacking around Europe, buy a cottage on a cliff in Nova Scotia. Move my family out with me. The remainder I would fly over Africa and drop from a plane. Oh wait, that currency wouldn't work. I would want to drop it somewhere. Leave large bills in secret places for people to find and watch their faces as they discover it. Donate to Micro-loans, etc. Money would only corrupt me damnit, I want want to splurge a little, but I don't know what on. Wine? OMG I would want my own winery and Sicilian body masseuise and midget entertainers! and hand-made soap boutique! and millions and millions of PEZ.

Posted by verndogs on May-25-2005 20:12:

invest in the stock market

Posted by Ricky Tan on May-25-2005 20:21:

Wouldn't you lose about 39% in taxes not 75???

Posted by TheKidsWantTechno on May-25-2005 20:23:

i would build a massive club somewhere in europe

and run it 7 days a week, 24 hours a day, with the best names non-stop

and let all my friends in for free

and become addicted to drugs and alcohol and meaningless sex

until i lose all my money, but still have just enough to buy a little villa somewhere on the mediterranean, but then become addicted to meaningful sex and tanning

Posted by emc^2 on May-25-2005 20:24:

quote:
Originally posted by verndogs
invest in the stock market

Which stock, WebVan.com, Pets.com, or Arthur Anderson (oh wait -they were privately held)

J/K. I think with proper fund management and this kind of dough, you could invest into high-yeild energy mutual funds. Return this quarter alone has been astronomical. But I think the minimun investment is $100,000,000. Defenitely not for the "middle-class" millionaires.

Personally, I'd buy a house somewhere near happening scene - like Miami, a house in the Hamptons, a Murcielago for me, Testarosa for my wifey, a custom BMW M5x (4WD M5), set my relatives up with some type of financial instrument that would give them a steady annual income, invest my cash into some kind of vehichle that would yeild about $250k/year pay and kick back somewhere on a beach in Nice, Monaco, or Ibiza and - watch my money grow while I chill'.

...oh, and take all my friends out for some Chinese food....

in Hong Kong Followed by sushi in Tokyo, Shashlik (shishkebab) in Tbilisi or Erevan, Borsh in Kiev, Fish and Chips in London, and finest ganja in Amsterdam...

Posted by trunks1022 on May-25-2005 20:25:

quote:
Originally posted by emc^2
Which stock, WebVan.com, Pets.com, or Arthur Anderson (oh wait -they were privately held)

J/K. I think with proper fund management and this kind of dough, you could invest into high-yeild energy mutual funds. Return this quarter alone has been astronomical. But I think the minimun investment is $100,000,000. Defenitely not for the "middle-class" millionaires.

Personally, I'd buy a house somewhere near happening scene - like Miami, a house in the Hamptons, a Murcielago for me, Testarosa for my wifey, a custom BMW M5x (4WD M5), set my relatives up with some type of financial instrument that would give them a steady annual income, invest my cash into some kind of vehichle that would yeild about $250k/year pay and kick back somewhere on a beach in Nice, Monaco, or Ibiza and - watch my money grow while I chill'.

...oh, and take all my friends out for some Chinese food....

in Hong Kong

word... a decent dinner for 2 in hong kong... 10 USD. i was just there and would love to go back soon

Posted by Ricky Tan on May-25-2005 20:28:

quote:
Originally posted by ATL_Trancer
i would build a massive club somewhere in europe

and run it 7 days a week, 24 hours a day, with the best names non-stop

and let all my friends in for free

and become addicted to drugs and alcohol and meaningless sex

until i lose all my money, but still have just enough to buy a little villa somewhere on the mediterranean, but then become addicted to meaningful sex and tanning

That's is prob the most philanthropic thing any human being could do.... So go play the lottery...

Posted by verndogs on May-25-2005 20:29:

quote:
Originally posted by Ricky Tan
That's is prob the most philanthropic thing any human being could do.... So go play the lottery...

better yet...save the money you would use to play the lotto

Posted by Aquarian on May-25-2005 20:30:

I'd probably buy a setup with a few hundred records (that would only ammount to a few thousand). With the rest, I'd live off the rest of my life without working, living in apartements in cities around the world. Eventually I could open a night club and/or a restaurant.

Posted by emc^2 on May-25-2005 20:31:

quote:
Originally posted by Ricky Tan
Wouldn't you lose about 39% in taxes not 75???

Well, 180Mill is annuity, paid over 20years. If you go for cash option, it gets down to 50% of that - e.g. 90Mil. then, federal/state taxes take another 50% or so and you're left with about 45Mil.

Cool, eh?

Posted by Estella on May-25-2005 20:32:

quote:
Originally posted by emc^2
Which stock, WebVan.com, Pets.com, or Arthur Anderson (oh wait -they were privately held)

J/K. I think with proper fund management and this kind of dough, you could invest into high-yeild energy mutual funds. Return this quarter alone has been astronomical. But I think the minimun investment is $100,000,000. Defenitely not for the "middle-class" millionaires.

Personally, I'd buy a house somewhere near happening scene - like Miami, a house in the Hamptons, a Murcielago for me, Testarosa for my wifey, a custom BMW M5x (4WD M5), set my relatives up with some type of financial instrument that would give them a steady annual income, invest my cash into some kind of vehichle that would yeild about $250k/year pay and kick back somewhere on a beach in Nice, Monaco, or Ibiza and - watch my money grow while I chill'.

...oh, and take all my friends out for some Chinese food....

in Hong Kong Followed by sushi in Tokyo, Shashlik (shishkebab) in Tbilisi or Erevan, Borsh in Kiev, Fish and Chips in London, and finest ganja in Amsterdam...

Amsterdam and Thailand ! How could I forget?! Fiji.. Aruba Jamaica ohhhh i wanna take ya to Key Largo, Montego baby don't we go to the Coco mo ___________________??? and take it slow thatsssssss where we wanna goooo _________?

Posted by emc^2 on May-25-2005 20:33:

forgot to add:

I'd take lessons in music production from Paul Van Dyk, Armin, Ferry Corsten and G&D...

Posted by DjLiMZ. on May-25-2005 21:12:

Buy 0.01% of microsoft

Posted by butterfly on May-25-2005 21:13:

i'd put 50% in savings, buy a house, and then go shopping (for me and others). and i'd quit my job and travel.

Posted by Ricky Tan on May-25-2005 21:14:

quote:
Originally posted by emc^2
Well, 180Mill is annuity, paid over 20years. If you go for cash option, it gets down to 50% of that - e.g. 90Mil. then, federal/state taxes take another 50% or so and you're left with about 45Mil.

Cool, eh?

Ahhh, I am from Texas (No State Tax). Only thought about income tax bracket.

Posted by emc^2 on May-25-2005 21:17:

quote:
Originally posted by Ricky Tan
Ahhh, I am from Texas (No State Tax). Only thought about income tax bracket.

No tax state... hm... home to Bush... hmm.. coincidence???? I think not.

Posted by tiesto14 on May-25-2005 21:39:

- Buy a house on the water
- Buy a Ferrari F60 Enzo
- Buy a Ferarri 355 Spider
- Donate a nice chunk to "St. Judes Children's Hospital"
- Donate another nice chunk to "Pediatric Aids"
- Go cloths shopping
- Invest whats left over in the market and real estate and live off my earnings.

Posted by tiesto14 on May-25-2005 21:40:

quote:
Originally posted by emc^2
No tax state... hm... home to Bush... hmm.. coincidence???? I think not.

A lot of states are like that...has nothing to do with Bush...been like for decades before Bush was even a politician.

Posted by Konijn on May-25-2005 21:45:

i won 7 beans last week when it was 112 mil so i played 3 quick-picks with my winnings yesterday (i play when it's over 100 mil.)

if i win i'm:
paying off debt
giving a chunk to family members and certain non-profits
going on a vacation with friends
investing
doing a "peace out" with my girl and bouncing for a while.

Posted by Orbax on May-25-2005 21:46:

drink myself to death around the world

Posted by tiesto14 on May-25-2005 21:48:

quote:
Originally posted by Konijn

doing a "peace out" with my girl and bouncing for a while.

what the hell does that mean?...u would leave ur girl if u won the lotto? NICE!!

Posted by Sunsnail on May-25-2005 21:49:

I would donate it to charity

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