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I'd bribe our corrupt government into legalising cannabis fully, and making it avaliable to EVERYONE for free. If blair was still PM i'd get myself on the honers list for sure.
I'd give alot of it to charities, but mainly cancer charities.
I'd buy everything i've ever wanted, a very nice house - and i'd still have plenty left over.
I'd probably end up getting so wasted i'll be driving around throwing money out the window.
I have narrowed the odds a lot on Powerball and Lousianna Lotto..... having been a machinist in a previous life, I know that there is absolutely no way that there can be 50 however many balls made *EXACTLY* the same....there will always be some differances in surface finish, molecular density, roundness, etc... no matter how slight, they will be there. Consider.... take the numbers from the last 30 or so drawings... count up how many times each number came up....some will come up 5 or 6 times, others will not have been drawn at all. Use the numbers that come up most frequently, and you will narrow the odds considerably. I generally break even... and I only missed the $310M Powerball jackpot by 2 numbers.
FWIW, If I did win the big one, I would have to get the annuity.... think 5 or 6 million a year (after taxes) for 30 years. once I had my family taken care of, my own needs and wants would only run about $200,000. After the first splurge, I can live off of the interest very nicely. For the rest... my church would get 10%, I would have to make a sizable donation to the Shriners hospitals and burn centers, set up a foundation to make loans/grants for college educations and start-up businesses.
BTW... the tax rate for me as a single taxpayer, and sole propriator is approximately 40%.
I wouldn't tell anybody and i'd buy whatever i wanted
You guys do know that if you choose annuity, and you die during that time, they don't continue to pay out.
For that reason I would go with the payout. You would all probably end up poor the way you are talking about it.
I would probably end up investing most of it. I don't really see the need to be so flashy. I would pay off peoples loans but that wouldn't be that much, 2 million max (and that is a stretch). I would start a scholarship and donate some money to charities and to causes that I believe in. I wouldn't want some ridiculous mansion, I would just like to live comfortably.
That's not true, DreadConches. A win is a win. If you die before the annuity payments are complete, the remaining annuity payments go to your estate, which you'd definitely have if you won a jackpot like that. Scroll down this link to read the FAQ about that very topic:
Mega Millions Frequently Asked Questions (FAQ)
Looks like four people split the $330M!!!!
4 tickets win $330 million lottery jackpot - Lottery Post
Ok, well everyone is shit out of luck as 4 winning tickets were sold to Megamillions. What a bummer, they have to split 330 four ways! The states were the tickets were sold were:
Maryland(1), New
Jersey(1), Texas(1) and Virginia(1).
Ok, for our foreign friends who asked about taxes, I think it is 25% for federal taxes and then state taxes range from 0.0% to almost 8%, depending on where it was sold and if you are a resident of that state or non resident.
Lump sum payouts usually are about 48% of the jackpot. I recommend taking the lump sum and dumping most of your money in stock options on Google, Apple, and Research in Motion (makers of the Blackberry, which has almost doubled since the end of June and I was telling everyone to buy it before their quarterly earnings announcement). You will more than double your money in 30 years on those stock options. You will actually make many times that over.
Last weekend Powerball had one winner in Indiana for $314 million.
Some states allow you to claim the prize anonymously.
Like I just mentioned, I would dump most of my lump sum payout in about 5 stock companies and not just stocks but stock options. I would pay off all my family member's bills and buy them what they want. I'm buying myself a Ferrari 599 GTB or a Mercedes SLR and a used Gulfstream G-5. So obviously I will be getting my pilot's license too. Then I'm going to start my own company, some kind of capital investment company or a real estate/construction company to eventually rival Donald Trump. After my stock options start paying out, then I am not going to give to charity but start my own charity.
Although I don't live in the US if I had that much money I'd set up my own business and live a luxurious life. I'd be on the look out for a wifey too.
Okay, sorry BirdGirl. Another thing I have been misinformed of by teachers.
just some pot a few millions of dollarsa dude you red my fucking mind , fuck your good person! , damm i cant stop thinking of new york << sorry !