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Powerball is up to $900 million, a US record. What would you do with the money?

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Powerball is up to $900 million, a US record. What would you do with the money?

Postby Everlong » Jan 09, '16, 4:55 pm

I can't even imagine winning that much money all at once. But if I did..

-Pay off all my wife's and my debts
-Buy a house
-Put a really good chunk into high-yield savings and collect interest
-Use some of the money plus interest to fund an arts scholarship in the area
-Put a lot of money into Milwaukee, especially in the arts community but also in other areas that can use funding
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby The Legend » Jan 09, '16, 5:39 pm

- Pay off all my debt.
- Buy a house
- Buy 2 brand new cars: An everyday driver and a special cruising machine.
- Put about 25% in a savings account
- Put about 25% in other more aggressive investments
- Use the rest for liquid cash to live off for a while (a long while).
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby UTK » Jan 09, '16, 5:47 pm

Doesn't matter what you'd all do since I'm the one who's going to win it :cheers2
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby The Legend » Jan 09, '16, 6:05 pm

UTK wrote:Doesn't matter what you'd all do since I'm the one who's going to win it :cheers2


Back-off from my millions dude!!! :angry4

Just kidding, We can both win and share it. :cheers
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby DBSoT » Jan 09, '16, 6:27 pm

Before even cashing the ticket, I will talk to a lawyer and financial advisor.

1. Split up the money into separate trusts for family members. Obviously a majority will still be mine.

2. Pay off all my debts.

3. Quit my job and start working on my real passion.

4. Buy a house.

5. Take my girlfriend on a very nice vacation.

6. Donate $4 million to my alma mater so they upgrade their football stadium and name a wing after me.
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby Hanley! » Jan 09, '16, 9:06 pm

That's a lot of money.

My wife and I aren't in debt thankfully, so the first thing I'd do is to buy a house. A really nice house. I don't think I'd want a mansion or anything like that, because it'd probably feel a bit empty and cold. So it'd just be a big house, but a nice one. I'd spend a lot so we could have it equipped with everything we wanted, and have all the best furniture and decorations, etc.

I'd probably want to share some money with my family and with my wife's family.

I'd buy some really nice musical instruments - definitely a grand piano and a range of guitars, along with a few other assorted instruments. And I'd create a home studio.

I would definitely quit my job. I've never been one of those people who'd go crazy if he didn't have a job to go to. I'd spend a lot of the time I used to spend work writing. I'd spend a little playing and recording music too. And I'd probably do the odd course to break things up, like cooking or photography.

Other than that everything would just stay in a savings account to accrue interest. I wouldn't lead a lifestyle that was too much of a drain on my new wealth. I'd probably go for a holiday a couple of times a year with my wife, and go out for dinners and shows and things like that on weekends, but nothing much fancier than that.

I would want to give something back too, and I always thought I'd just donate to various charities from time to time. But Tim's idea about funding an arts scholarship is a really good one. Or funding local arts projects or clubs. I'd really like that.
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby War Daddy » Jan 09, '16, 11:54 pm

Retire every motherfucker that comments in this thread.
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby EmperorWu » Jan 10, '16, 3:06 am

War Daddy wrote:Retire every motherfucker that comments in this thread.

Do you mean give money to or have liquidated. If so I shall be deleting my post just in case...
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby The Legend » Jan 10, '16, 6:09 am

So, even though more than 75% of the combinations were played, no one won the jackpot. Next Wednesday, it will be a world record 1.3 BILLION dollars.
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby Everlong » Jan 10, '16, 12:21 pm

The Legend wrote:So, even though more than 75% of the combinations were played, no one won the jackpot. Next Wednesday, it will be a world record 1.3 BILLION dollars.


This means that a person could technically go from poverty to being close to a billionaire (after taxes) overnight. That's absolutely insane.
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby Everlong » Jan 10, '16, 12:22 pm

By the way... where does the money for the Powerball come from? I've never really looked into this before.
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby War Daddy » Jan 10, '16, 1:01 pm

Everlong wrote:By the way... where does the money for the Powerball come from? I've never really looked into this before.


It comes from people buying the lottery ticket.
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby CMPUNKFAN » Jan 11, '16, 2:30 am

1.3 BILLION!!!
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby Westcoastvibes » Jan 11, '16, 5:44 am

Yeah,
First i would blow a load in my pants
Next would be lawyer / accountant
Family trust funds
debt consolidation
Pay off house, remodeling
New cars
College funds and trust fund for the kids
Find a place to hide the rest from the government
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Re: Powerball is up to $900 million, a US record. What would you do with the money?

Postby VaderBomb » Jan 11, '16, 12:11 pm

I'd donate the whole sum to VegasNews. :D





JK. I'd give all of you a million.
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