They'll have to make a rule that port begging isn't the only kind of bannable begging on this forum
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Powerball jackpot climbs to $700,000,000 for Wednesdays drawing
- Thread starter GK86
- Start date
They'll have to make a rule that port begging isn't the only kind of bannable begging on this forum
Zapperkhan
Member
Picking all numbers above 31 makes it so you'll be dodging all the people choosing numbers based off of Months/days. Lower chance of sharing a prize, but as far as just winning it's fair and everyone has the same chance.
Yeah it would be a wild ride though!
natjjohn
Member
Define "sensible."
Staying in the same town, or state, or even country is not necessarily "sensible" in my opinion.
People who don't invest, or buy solely material goods and assets as "investments" are not necessarily sensible.
Step 1: Get a lawyer.
Step 2: Set up a trust fund.
Step 3: Buy mutual index funds.
Step 4: Get the fuck out of dodge.
You're insulated from most of the bad effects of winning with just those four easy steps.
You skipped Step 2b: Slice off a chunk of friends and family fun money.
Winners should invest most, but use a bit to just go hog wild. Get it out of the system and party.
Smiles and Cries
Member
this is always a great read
Disappearing is probably the most important step.
Seems like the best thing to do is tie up all the money in assets so it won't be so easy to hit you up for cash. That way you can just be regular-rich rather than Uber-rich.
Then again, you tend to only hear from the ones with shit luck or no sense. I would like to think the vast majority of lottery winners still have their lives improved.
My friend's neighbor did this. They won the lottery and the next day just dropped off the face of the planet. Their friends and family never heard from them again, from what I understand.
It's really the only way.
I promise to keep GAF updated.
It really is fun to muse on how you'd spend the money.
After frivolous stuff like whores and cocaine, id hunker down and focus on more serious... frivolous stuff.
1) of course a functional gundam is getting made. I'd get some of the Boston dynamics people or the company that bought them to assist with the design
2) make a video game. Don't care if it sells or not. I've got ideas and I want to see them become a reality.
That's just to start.
After frivolous stuff like whores and cocaine, id hunker down and focus on more serious... frivolous stuff.
1) of course a functional gundam is getting made. I'd get some of the Boston dynamics people or the company that bought them to assist with the design
2) make a video game. Don't care if it sells or not. I've got ideas and I want to see them become a reality.
That's just to start.
There's a reddit link on this page that details the history of big money winners. It basically dramatically increases your odds of having all manner of terrible things happen to you. You'd have to be very careful. The worst part is, it's people you know and trust who end up abusing you because of your money.
OG Shaka Zulu
Member
If I won this I would bankroll the first all-Black NHL team.
SparkleMotion
Member
If you win, do you have to have your name put out there on the news and everything? You can't claim the winnings discretely?
Greigor The Fellhand
Member
thats okay because the only person/s I'd give some money to are my parents. and I might pay off any sibling debts. not their SO debts. cause of one crazy ass SO of a sibling.
+ I'd dissappear w/ immediate family for a few months. def have to move out/put everything in storage before getting the winnings
mechashiva
Member
I'd be in Japan watching wrestling all the time.
Schucky Ducky
Banned
It depends on what state you live in.
You have my axe.
You monster.
Spine_Ripper
Member
When I win, I'll create and host popGAF.com, and we'll never hear from them ever again.
PHOENIXZERO
Member
I do laugh when winners say they're going to stay where they are and not going to change and all that. Even if you don't change the people around you will.
TheLostBigBoss
Banned
Black Republican
Member
could you imagine if you lived in a very impoverished area and won that much money?
itd be a modern day lynching, shit id have to cut off my whole extended family, move to Japan or someshit lol
I'd follow the advice in that reddit link, especially about not giving cash to anyone. I would set up capped funds/fixed dollar amount gifts for my immediate family and let them do whatever they want with it after talking to them about how to handle money. But I'd never entertain the "I need some money to buy a new car/pay for college" requests after that.
TheLostBigBoss
Banned
Also, can't you just set up the trust to claim the winnings?
That basically solves the issue of people finding out. Now family friends might be on to something if you magically start showing up with massive boats, extended vacations and such right after the winnings are collected, but that's a different issue.
That basically solves the issue of people finding out. Now family friends might be on to something if you magically start showing up with massive boats, extended vacations and such right after the winnings are collected, but that's a different issue.
Honestly this is how I would most likely like to do it. Very low-key. I like where I live-my daughter likes her school. I'd just retire early, pay off my debts, get a nice car and donate to charities, etc. and travel more.
While it is a great and informative read, the comparisons are flawed. He should be comparing numbers to millionaires, not the general public. And so many other factors to consider like the demographic of lottery players/winners.
Correlation =|= causation, as always
Northeastmonk
Gold Member
I bought one this morning and my Powerball number is 01. I can already taste defeat.
Alex_Mexico
Member
I got four tix, two I selected myself and a couple Quick Picks.
I feel anyone who falls into "life is worse now" after winning is someone who was already susceptible to bad shit happening already. I might be wrong, probably am so maybe there are those that were living good lives and it suddenly got worse, but whether it's the person's lifestyle, personality, where they live or even intelligence, their lot was cast already when they had a major influx of money and that just exacerbated the problems they were already living with.
I feel anyone who falls into "life is worse now" after winning is someone who was already susceptible to bad shit happening already. I might be wrong, probably am so maybe there are those that were living good lives and it suddenly got worse, but whether it's the person's lifestyle, personality, where they live or even intelligence, their lot was cast already when they had a major influx of money and that just exacerbated the problems they were already living with.
It's from a movie. It means to leave town.
Schucky Ducky
Banned
Move somewhere far away and fast.
Sparkedglory
Member
I would immediately split the money in half, keep some in my regular bank account, and some more in a new account. Then I'd use that money to go for an MBA and do my best to invest and try to make more money off of it.
nicoga3000
Saint Nic
What time is the cutoff? I may swing by the gas station after work to grab one for shits.
get out of dodge = leave town.
its not a modern saying its like from cowboy wild west times lol.
demosthenes
Member
If you won $400 million lump sum. That's $200 million in cash after taxes. There's a decent chance that every single one of your good family members will turn on you if you don't provide money. You could be the smartest person with it but you could end up depressed. You could give the money family and then they want more, or they become susceptible to being hurt b/c others know they have tons of money. Or you give them no money and they resent you. The only sure way to be safe is if you can claim it anonymously and then essentially 'launder' your own money to convince friends/family that you've come about it another way while still being able to give out gifts. Basically say you've been day trading stocks for the last few years in secret and have hit it massively big on some.
If you can't claim anonymously, say good bye to any life you thought you had before.
Pretty sure when the drawing is. Or not:
It really is. Always enjoy reading that when a thread pops up on GAF due to an enormous jackpot.
Then back to daydreaming.
See, I just tell people to fuck off if need be. I would prepare myself for people to come out of the woodwork, that's human nature and they would come out and make it clear to those that I know would do so on what was about to happen (you are/aren't getting anything), especially considering you have 180 days to get things in order before even claiming the winning.
If you go into it and run around saying "I won" and putting posts on facebook then yeah, you're already setting yourself up for failure and depression and probably weren't in the best position to be in the first place. A person with no plan or anticipation is already writing their endgame. They plan to go crazy with spending and announcing, because that's who they are, they're going to end up miserable. They're already making bad life choices, it's going to just increase.
Still depends on the state.
In WA...
"As a public agency, all documents held by Washington's Lottery are subject to the Public Records Act. Lottery prizes may be claimed in the name of a legally formed entity, such as a trust. However, in the event of a public records request, the documents forming the artificial entity may be released, thereby revealing the individual names of winners."
SafeinSound
Member
I've never played but I think I'll pick up a couple to kets on my way home. My aunt just won $50,000 from a scratch off last year, so maybe she passed some of that good luck to me!
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