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what would you do with $180,000,000 (before taxes)? (pg. 2)
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| emc^2 |
| 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? |
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| Estella |
| quote: | Originally posted by emc^2
Which stock, WebVan.com, Pets.com, or Arthur Anderson (oh wait -they were privately held) :D
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 :D Followed by sushi in Tokyo, Shashlik (shishkebab) in Tbilisi or Erevan, Borsh in Kiev, Fish and Chips in London, and finest ganja in Amsterdam... :crazy: |
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 _________? |
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| emc^2 |
forgot to add:
I'd take lessons in music production from Paul Van Dyk, Armin, Ferry Corsten and G&D... |
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| DjLiMZ. |
| Buy 0.01% of microsoft :wtf: |
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| butterfly |
| 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. |
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| Ricky Tan |
| 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. |
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| emc^2 |
| 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.
:rolleyes: :mad: :whip: |
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| tiesto14 |
- 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. |
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| tiesto14 |
| quote: | Originally posted by emc^2
No tax state... hm... home to Bush... hmm.. coincidence???? I think not.
:rolleyes: :mad: :whip: |
A lot of states are like that...has nothing to do with Bush...been like for decades before Bush was even a politician. |
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| Konijn |
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. |
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| Orbax |
| drink myself to death around the world |
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| tiesto14 |
| 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!!:stongue: |
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