What would you do with $1.4 billion? (1 Viewer)

I'd buy GPI and act like Oprah...
Screenshot_20231005_191846_Google.jpg

"You can buy a set of THC"
"You can buy a set of THC"
"EVERYONE can buy a set of THC"
Yeah fuckers...I'd be selling not giving away...I didn't buy the business for charity.
 
I would stay at my job and say what I really think in every meeting I attended to test how long it would take to either get fired or promoted.

Either way, it would eternally gratifying.

I would then quit (or be escorted out) and become an international rockstar (lush, playboy, plaything of the Kardashian’s, adventurer) extraordinaire.

Then I would buy an F1 team and blow my entire fortune in 12 months - lol.
 
Budha said:
I would stay at my job and say what I really think in every meeting I attended to test how long it would take to either get fired or promoted.

Either way, it would eternally gratifying.

I would then quit (or be escorted out) and become an international rockstar (lush, playboy, plaything of the Kardashian’s, adventurer) extraordinaire.

Then I would buy an F1 team and blow my entire fortune in 12 months - lol.
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Screenshot_20231005_205839_Google.jpg
 
I always laugh when I see interviews with a new winner of one of the monster lotteries.
They're always like, "I'm gonna buy a new house, maybe a new car, and travel."

I'm thinking, clearly this is someone who has no idea the scale of how much they've actually won. Dude, you could buy a new house for every member of your family, and a new car for every person you meet for the next year. And still live comfortably. :ROFL: :ROFLMAO:
 
JMC9389 said:
Just saw that they somehow cleared $3 billion in revenue last year alone. My paltry $700 million after taxes won't be near enough. Back to the drawing board...

But real talk, no one that knows me would ever see me again, especially in my state where lottery winners are not allowed to come forward anonymously. I'd pay a family member as a proxy to collect for me.
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You’re an optimist. Based on interest rates, the pre-tax amount will be roughly 46% of the total. Then take off taxes.

So the $1.2B lump sum was $551.7M, with most of that at 37% tax rate. Call it $348M after federal taxes. :(

Still… I could spend that.
 
warma said:
You’re an optimist. Based on interest rates, the pre-tax amount will be roughly 46% of the total. Then take off taxes.

So the $1.2B was $551.7M, with most of that at 37% tax rate. Call it $348M after federal taxes. :(

Still… I could spend that.
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That's if you go with the lump sum option. Only a fool would do that, however.
 
JMC9389 said:
That's if you go with the lump sum option.
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True, but that’s a close net present value calculation. The full $1.4B won’t be realized for 29 more years, and the first payment is ~$12M. Just trying to bring some realism to some of the fantasies. Winner would be a 0.1%er, not a 0.01%er.

But hey, not that I don’t go crazy when I dream. And hell, I’d take $12M total. :)

JMC9389 said:
Only a fool would do that, however.
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Annuity would be the wise move yes. But I would love the challenge of building a wise investment plan for $300M. (I’d spend some, because, why not?)

Edit: I’d gladly spend $300M to fix this stupid autocorrect that’s making all kind of crazy choices for me.
 
warma said:
True, but that’s a close net present value calculation. The full $1.4B won’t be realized for 29 more years, and the first payment is ~$12M. Just trying to bring some realism to some of the fantasies. Winner would be a 0.1%er, not a 0.01%er.

But hey, not that I don’t go crazy when I dream. And hell, I’d take $12M total. :)


Annuity would be the wise move yes. But I would love the challenge of building a wise investment plan for $300M. (I’d spend some, because, why not?)

Edit: I’d gladly spend $300M to fix this stupid autocorrect that’s making all kind of crazy choices for me.
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Easy.

Invest 50% real estate and the S+P 500 and 50% into trust bonds for the next 5 generations that come after me. Live off of the profits from the former.

Literally no one is going to acquire $250 million overnight and not fuck it up somehow within 5 years. The human mind just isn't able to help itself.
 
Nobody really gets the whole $1.4B, though.

If there's one winner, s/he could probably take a single lump sum payment (which is probably half or less, then pay taxes on it), or get $70M per year for 20 years or something like that, right?
 
dpeks13 said:
I can't believe this post has been up for this long and nobody has commented that they'd fully fund the Hard Candy Mafia kickstarter yet.
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Gotta do it with the newly acquired Angel Holdings company though...
 
What would I do ........? Well, I always wanted to build my own car so probably something like a K1 Attack
slider-2.jpg

I know I will have people here telling me that I should turbocharge it but I honestly think supercharging a Honda K20A2 will be more than sufficient.
 

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