$1.5 billion Mega millions tonite

[RogerDodger 798]

10 hours ago, Pimpadeaux said:

I'd probably take the lump sum, invest a chunk it in my own company and wind up being Advisor of the Year.

Then the usual stuff of paying off the house and vehicles, renovating the house, traveling and having homes elsewhere.

I'd also build a cat paradise elsewhere on the property to get all but one or two out of the house.

Then just hang on to the rest and ensure that future generations never run out of money.

How many car payments do you have? 

Seriously though, and I know you fancy yourself as an investment adviser, but you need serious help with serious cash like that.  First thing I'd do is hire someone like Cerity Partners to do all the work with the cash.  You need access to big bank and hundreds of accounts to get a sizable portion under FDIC insurance.   

Step number two is to vanish, for at least a little bit.  Word will get out and you need to avoid all the friends and family coming out of the woodwork until everything is in order.  I wouldn't bother taking anything besides hard drives and select personnel items. No clothes, no furniture, no vehicles, all of that crap is upgradable with that amount of cash. Finance guys can sell house and property for less than half of a percent of 700M.  Who cares.  

Hold up in the penthouse of high end hotels until step 3. Secure new main residence.  Something like this:

Id want some farm land near the main residence. Eventually vacation property:

https://www.mansionglobal.com/listings/728407?mod=search&pos=4&page=1

Fourth hire staff in addition to the financial firm:

Security, depending on location of residence.

Maid that can serve as a chief when needed.  I dont want a bunch of people but cleaning days are over and although i like to cook need someone to do it when i dont feel like it. 

Property manager at each residence.  Actually put security under this guy. Property maintenance and rental of the vacation home when not in use.  I know a guy on the island already. 

Next step, reconnect with family and friends.  Real friends are the ones concerned and want to see you. Fake are the ones asking for money/investments.  

Lots and lots of travel. I'd be involved in main investment decisions and active in those that become hobbies.  

 

[Cruzer 1,995]

16 hours ago, WhiteWonder said:

And yet your chances of winning are the same as whatever the lowest amount jackpot could be

Mathematically, prolly less of a chance with more playing when it gets big.

I just get a kick out of the self-righteous crowd who flicks their noses at lottery players. Calling them stupid for "wasting" money on such a thing - as they post from their $1200 iPhones, drink their $8 Starbucks and ready for their 6 different fantasy football drafts. 

[TommyGavin 790]

My job would be charitable- CEO of Shotsup a 501c charitable enterprises. 

[Pimpadeaux 2,406]

7 minutes ago, RogerDodger said:

How many car payments do you have? 

Seriously though, and I know you fancy yourself as an investment adviser, but you need serious help with serious cash like that.  First thing I'd do is hire someone like Cerity Partners to do all the work with the cash.  You need access to big bank and hundreds of accounts to get a sizable portion under FDIC insurance.   

Step number two is to vanish, for at least a little bit.  Word will get out and you need to avoid all the friends and family coming out of the woodwork until everything is in order.  I wouldn't bother taking anything besides hard drives and select personnel items. No clothes, no furniture, no vehicles, all of that crap is upgradable with that amount of cash. Finance guys can sell house and property for less than half of a percent of 700M.  Who cares.  

Hold up in the penthouse of high end hotels until step 3. Secure new main residence.  Something like this:

Id want some farm land near the main residence. Eventually vacation property:

https://www.mansionglobal.com/listings/728407?mod=search&pos=4&page=1

Fourth hire staff in addition to the financial firm:

Security, depending on location of residence.

Maid that can serve as a chief when needed.  I dont want a bunch of people but cleaning days are over and although i like to cook need someone to do it when i dont feel like it. 

Property manager at each residence.  Actually put security under this guy. Property maintenance and rental of the vacation home when not in use.  I know a guy on the island already. 

Next step, reconnect with family and friends.  Real friends are the ones concerned and want to see you. Fake are the ones asking for money/investments.  

Lots and lots of travel. I'd be involved in main investment decisions and active in those that become hobbies.  

 

I'd prefer to live on what I make now without the pressure to have to make it. And then just forget that I've got half a billion in the bank. I'm sure it never works out like that. Maybe I'd just enter BeenHereBefore into the 2024 election and pay every voter $1,000 who votes for him. Then we'd have a dysfunctional country that didn't take itself seriously. Who's with me?

[WhiteWonder 2,738]

6 hours ago, Cruzer said:

Mathematically, prolly less of a chance with more playing when it gets big.

I just get a kick out of the self-righteous crowd who flicks their noses at lottery players. Calling them stupid for "wasting" money on such a thing - as they post from their $1200 iPhones, drink their $8 Starbucks and ready for their 6 different fantasy football drafts. 

I'm not a math expert but I don't think your chances of winning the lottery change based on how many other people are playing. I don't think that impacts the chances that your numbers are drawn. It only impacts the chances that you might potentially split a jackpot, as more people should theoretically have your same numbers (Regardless of the info you or someone else posted earlier that a lot of the biggest jackpots in history have been single ticket winners.). Your numbers are just as likely, or unlikely to win. It would also impact the chances that a jackpot is won at all, resetting the jackpot back down to it's lowest amount. So if you only ever play when the jackpot gets to a certain amount and above, then your personal chances of ever winning the mega/powerball/etc would decrease because you would be playing less often. 

I agree with you. The best is "tax on the poor". The counter argument is that their $8 shiit starbucks gives them something in return for their money while the $2 spent on a lottery ticket gives them nothing. I get it. But someone could say it's entertainment value and I'm sure we all spend money on stuff where all we get back is entertainment value. If I lose $100 at the casino, I chalk it up to entertainment value of playing for a few hours. 

I don't play the lottery all the time. Not very often at all. But I wont only play when it gets above X amount. It's usually if I remember to buy a ticket when I happen to be at 7-11 or something.  Which is also why I don't have "my numbers". I get random numbers each time. No way I would want to possibly find out that my numbers I play each time hit on one of the many times I didn't get a ticket. 

[WhiteWonder 2,738]

6 hours ago, Pimpadeaux said:

I'd prefer to live on what I make now without the pressure to have to make it. And then just forget that I've got half a billion in the bank. I'm sure it never works out like that. Maybe I'd just enter BeenHereBefore into the 2024 election and pay every voter $1,000 who votes for him. Then we'd have a dysfunctional country that didn't take itself seriously. Who's with me?

I mean, gotta be better than Biden

[GutterBoy 2,899]

7 hours ago, Pimpadeaux said:

I'd prefer to live on what I make now without the pressure to have to make it. And then just forget that I've got half a billion in the bank. I'm sure it never works out like that. Maybe I'd just enter BeenHereBefore into the 2024 election and pay every voter $1,000 who votes for him. Then we'd have a dysfunctional country that didn't take itself seriously. Who's with me?

You'd still work with half a bil in the bank?  WTF?

Me? I'd quit my job, buy the restaurant and charity that we volunteer at and expand to feed and house more people.  I wouldn't move, just fix up out current house, and then maybe buy another.

[League Champion 1,911]

Honestly, I'd probably give most of it away to friends, family, people that I care about and people who need help. 

Who the hell needs that much money? 

[RogerDodger 798]

1 hour ago, League Champion said:

Honestly, I'd probably give most of it away to friends, family, people that I care about and people who need help. 

Who the hell needs that much money? 

Easier said than done. You cant help everyone, even with that kind of money. And you'll end up helping some that dont want help, just your money. 

[GutterBoy 2,899]

37 minutes ago, RogerDodger said:

Easier said than done. You cant help everyone, even with that kind of money. And you'll end up helping some that dont want help, just your money. 

Real shocker that Roger is a selfish POS.

[RogerDodger 798]

1 minute ago, GutterBoy said:

Real shocker that Roger is a selfish POS.

Does I say I'm not helping people? 

Tiny cant read. Again.

[GutterBoy 2,899]

3 minutes ago, RogerDodger said:

Does I say I'm not helping people? 

 

Helping people is easy, for those of us that care about people.  It's hard for you because you're a selfish materialistic POS.

[Mike Honcho 5,282]

Two chicks at the same time!

[jerryskids 6,799]

I'd probably retire.  Again.  

[Pimpadeaux 2,406]

3 hours ago, GutterBoy said:

You'd still work with half a bil in the bank?  WTF?

Me? I'd quit my job, buy the restaurant and charity that we volunteer at and expand to feed and house more people.  I wouldn't move, just fix up out current house, and then maybe buy another.

I like what I do. A lot of agents never retire. I don't know if he's still alive, but a few years ago the company put out an email celebrating the 100th birthday of an agent who was still going in to work every day at the home office.  I live in the same community with one of the company's top agents. He makes millions a year, not including a stout pension, and just gives it all to charity because he's got more than enough money. 

I'd definitely create a foundation to benefit local charities.

Like you, I'd just stay in this house and fix it up (adding a free-standing building for the foster cats) and then buy one in the Rocky Mountains somewhere and live there in the summers. It was focking 107 here yesterday.

[Mike Honcho 5,282]

3 hours ago, GutterBoy said:

You'd still work with half a bil in the bank?  WTF?

 

I would, you never know how long that's going to last.

[GutterBoy 2,899]

2 minutes ago, Pimpadeaux said:

I like what I do. A lot of agents never retire. I don't know if he's still alive, but a few years ago the company put out an email celebrating the 100th birthday of an agent who was still going in to work every day at the home office.  I live in the same community with one of the company's top agents. He makes millions a year, not including a stout pension, and just gives it all to charity because he's got more than enough money. 

It's kind of ironic that an insurance salesman would scam people out of money for policies, and then give that money away to other people.  Probably better to just not scam them in the first place.

If you really want to help people, educate them on how they can invest themselves instead of taking a chunk of their life savings as commission on sh1tty annuities.

[GutterBoy 2,899]

3 minutes ago, Mike Honcho said:

I would, you never know how long that's going to last.

Actually you do.  If you're smart with it, you do.

[Pimpadeaux 2,406]

5 minutes ago, GutterBoy said:

It's kind of ironic that an insurance salesman would scam people out of money for policies, and then give that money away to other people.  Probably better to just not scam them in the first place.

If you really want to help people, educate them on how they can invest themselves instead of taking a chunk of their life savings as commission on sh1tty annuities.

He's an estate planner and does a lot more than insurance. What's wrong with life insurance? Do you not have any?

 

[GutterBoy 2,899]

Just now, Pimpadeaux said:

He's an estate planner and does a lot more than insurance. What's wrong with life insurance? Do you not have any?

 

I have plenty, please don't pitch me.

The problem with agents like you is you push policies that offer you the best commission but are not in the best interest of the customer.  Same with other investments.  You taking a commission of their life savings to move money around doesn't help them, it only helps you.

[RogerDodger 798]

2 hours ago, GutterBoy said:

Helping people is easy, for those of us that care about people.  It's hard for you because you're a selfish materialistic POS.

Oh boy, Tiny thinks writing out checks is hard.   

[RogerDodger 798]

35 minutes ago, Mike Honcho said:

I would, you never know how long that's going to last.

 

31 minutes ago, GutterBoy said:

Actually you do.  If you're smart with it, you do.

 

Going to have to agree with Tiny on this one.  Do you never plan to retire?  Once you do/can it's called being independently wealthy.  That doesn't mean you have to stop working, that means you don't have to if you don't want to.  Any cash flow analysis will tell you.  It's a wide range depending on a lot of factors, but, I'd say most people living normal lives within their means the number is probably around 2 million dollars, but, 500M for sure does it.

[Pimpadeaux 2,406]

21 minutes ago, GutterBoy said:

I have plenty, please don't pitch me.

The problem with agents like you is you push policies that offer you the best commission but are not in the best interest of the customer.  Same with other investments.  You taking a commission of their life savings to move money around doesn't help them, it only helps you.

This is a gross and ignorant assumption about what I do, and I wouldn't want you as a client for any amount of money. 

Plus, I'd have to drop a few hundred bucks to get a New Jersey license, which wouldn't be worth my time and expense. 

You seem like the type who would go through Select Quote and find the cheapest thing and feel good about yourself for thinking you beat the system.

With what company do you have life insurance? 

 

[Mike Honcho 5,282]

48 minutes ago, GutterBoy said:

Actually you do.  If you're smart with it, you do.

There is no way to predict what my entourage is going to need in the future. What if Ferrari introduces a new color?  

[Alias Detective 1,402]

4 hours ago, League Champion said:

Honestly, I'd probably give most of it away to friends, family, people that I care about and people who need help. 

Who the hell needs that much money? 

Any athlete drafted in the top 5 in any sport over the last 10 years should have this same thought.  Instead, they mostly go broke. 

[RogerDodger 798]

13 minutes ago, Pimpadeaux said:

With what company do you have life insurance? 

This ought to be good.

Get him Rusty!  It's like midget wrestling, except with the mind.

[Pimpadeaux 2,406]

10 minutes ago, RogerDodger said:

This ought to be good.

Get him Rusty!  It's like midget wrestling, except with the mind.

He's not going to admit it. He's just going to sit there in his office chair, with his little feetsies dangling in the air, finding ways to be angry at the world.

[RogerDodger 798]

One of our young engineers pulled the big handle on the slot machine at Vegas and won 500K once.  At the time we had some investments that, in hindsight, should have been obvious were too good to be true.  Kid went out and bought himself a brand new Land Rover and put the rest into the investment.  Then the dot-com bubble popped.  He never set aside the tax he owed.  Poor kid was 200K in debt to the government right off the bat.

[BrahmaBulls 764]

2 hours ago, GutterBoy said:

Helping people is easy, for those of us that care about people.  It's hard for you because you're a selfish materialistic POS.

You're stupid af and a giant c0ck too

[GutterBoy 2,899]

55 minutes ago, Pimpadeaux said:

This is a gross and ignorant assumption about what I do, and I wouldn't want you as a client for any amount of money. 

Plus, I'd have to drop a few hundred bucks to get a New Jersey license, which wouldn't be worth my time and expense. 

You seem like the type who would go through Select Quote and find the cheapest thing and feel good about yourself for thinking you beat the system.

With what company do you have life insurance? 

 

My policies are with Go Fock Yourself Mutual.

And I'll admit to being wrong if you tell me that you don't work on commission.

[Hardcore troubadour 15,435]

I’d buy some houses in wealthy blue areas and stack them with illegals and inner city drug addicts and released too early felons.  

[RogerDodger 798]

12 hours ago, Cruzer said:

Mathematically, prolly less of a chance with more playing when it gets big.

I just get a kick out of the self-righteous crowd who flicks their noses at lottery players. Calling them stupid for "wasting" money on such a thing - as they post from their $1200 iPhones, drink their $8 Starbucks and ready for their 6 different fantasy football drafts. 

Its +EV north of 600M. That's just fact.

[JustinCharge 2,397]

Rusty the amway salesman. 

[Hardcore troubadour 15,435]

I’d fill those houses with all the people liberals claim to care about. Build some basketball courts with lights, some Roosters.  Lots of kids for the local schools too. 

[listen2me 23 1,873]

Needlenose Ned?

BING

[Pimpadeaux 2,406]

4 hours ago, GutterBoy said:

My policies are with Go Fock Yourself Mutual.

And I'll admit to being wrong if you tell me that you don't work on commission.

I was right!

[Pimpadeaux 2,406]

3 hours ago, JustinCharge said:

Rusty the amway salesman. 

I'm better at selling life insurance than you are your ridiculous predictions and guarantees.

[GutterBoy 2,899]

28 minutes ago, Pimpadeaux said:

I was right!

Right that I wouldn't give you my financial information?  Yeah, damn right.  Why would anyone give a creep like you any personal information?  Eat my sh1t 

[MLCKAA 574]

I would give away every penny of it.

I’ve always said that after taking care of family and tucking away enough to live in luxury, I’d as much time as possible traveling with security and lots of cash, giving generous chunks of cash to complete strangers.   So much so that it’d be almost like a job.  Forget organized charities— I’m handing cash to strangers to change their lives.

[Hardcore troubadour 15,435]

12 minutes ago, MLCKAA said:

I would give away every penny of it.

I’ve always said that after taking care of family and tucking away enough to live in luxury, I’d as much time as possible traveling with security and lots of cash, giving generous chunks of cash to complete strangers.   So much so that it’d be almost like a job.  Forget organized charities— I’m handing cash to strangers to change their lives.

I’d do some of that too. Also ruin some peoples lives too though.