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Posted: 11/21/2012 1:33:12 PM EST
And just randomly dispersed a million bucks to 125 people .





That would be a fun experiment.
Link Posted: 11/21/2012 1:34:06 PM EST
You win the lottery
Link Posted: 11/21/2012 1:34:08 PM EST
Hello friend.
Link Posted: 11/21/2012 1:35:05 PM EST
Link Posted: 11/21/2012 1:35:50 PM EST
These 125 people...they would be friends of yours, or at least friends of friends?

Because that sounds an awful lot like the federal government


Speed
Link Posted: 11/21/2012 1:35:51 PM EST
I'll be happy to be the first to accept.
Link Posted: 11/21/2012 1:36:26 PM EST
Originally Posted By SirSqueeboo:
Hello friend.





Here's a mil for you. Don't blow it.
Link Posted: 11/21/2012 1:36:42 PM EST
You can start that random dispersal shit right here.
Link Posted: 11/21/2012 1:36:45 PM EST
Originally Posted By TARFUN:
I'll be happy to be the first to accept.


I'll join in this experiment as well.
Link Posted: 11/21/2012 1:37:04 PM EST
just hire an entourage.
Link Posted: 11/21/2012 1:38:41 PM EST
Originally Posted By speedracer422:
These 125 people...they would be friends of yours, or at least friends of friends?

Because that sounds an awful lot like the federal government


Speed





The government takes.


In this experiment , I'd be giving voluntarily. For science.


But, an interesting note: the gov would tax the shit out of:
-my winnings
-each of the recipients gift (right?)

So fuck that.
Link Posted: 11/21/2012 1:40:04 PM EST
Originally Posted By patchouli:
And just randomly dispersed a million bucks to 125 people .





That would be a fun experiment.


What would you hope to find out? They would probably spend the money very quickly...
Link Posted: 11/21/2012 1:40:30 PM EST
Originally Posted By Aimless:
Someone made a documentary of giving a bum a $ 100k. It was gone in like 18 months. People who have never had money generally piss away large windfalls like that. They buy vehicles, live expensively, buy homes for relatives, open failboat small businesses.




Yeah, I've always heard this and it makes sense. Would be interesting to see how it played out. Make them agree to being studied and audited/interviewed at 1,5,10,20 years.
Link Posted: 11/21/2012 1:58:21 PM EST
Here's hoping that you win, after all you do deserve the money.

Would also be nice if "I seemed familiar to you" as well.

Link Posted: 11/21/2012 2:00:46 PM EST
Howdy.
Link Posted: 11/21/2012 2:03:07 PM EST
I will wax your car weekly...
Link Posted: 11/21/2012 2:06:30 PM EST
Originally Posted By Aimless:
Someone made a documentary of giving a bum a $ 100k. It was gone in like 18 months. People who have never had money generally piss away large windfalls like that. They buy vehicles, live expensively, buy homes for relatives, open failboat small businesses.


Aimless has the general idea. My mother who was an accountant for EF Hutton back in the day used to say.. If you can't manage $10 you can't manage $100,000.00 and so on. I have found this to be a very telling tale dealing with million dollar budgets in the Healthcare industry I am associated with.
Link Posted: 11/21/2012 2:08:54 PM EST
http://coedmagazine.com/2012/09/13/heres-the-robbin-hood-bank-robbers-who-tried-to-escape-the-cops-video/
Sort of been done before... I'm not sure what happened with all of the cash but I think a few of them probably had a nice weekend.
Link Posted: 11/21/2012 2:09:23 PM EST
Here's a hint:

The Millionaire. Just remember that the taxes (All of them) were already paid to the recipient:


Link Posted: 11/21/2012 2:11:55 PM EST
I will help with your experiment! Man, I'd call in and report every day for a million bucks. Friend...
Link Posted: 11/21/2012 2:12:03 PM EST
Link Posted: 11/21/2012 2:15:39 PM EST
[Last Edit: 11/21/2012 2:15:51 PM EST by Michael]
Originally Posted By Aimless:
You won't need ten and probably will not need 5. I have had clients who had large windfalls and never seen them hang onto them. I am sure there are rare exceptions



There are a few weirdos like myself... I'm something of a minimalist who could care less about owning material possessions.
Link Posted: 11/21/2012 2:18:01 PM EST

Originally Posted By Aimless:

Originally Posted By patchouli:
Originally Posted By Aimless:
Someone made a documentary of giving a bum a $ 100k. It was gone in like 18 months. People who have never had money generally piss away large windfalls like that. They buy vehicles, live expensively, buy homes for relatives, open failboat small businesses.




Yeah, I've always heard this and it makes sense. Would be interesting to see how it played out. Make them agree to being studied and audited/interviewed at 1,5,10,20 years.
You won't need ten and probably will not need 5. I have had clients who had large windfalls and never seen them hang onto them. I am sure there are rare exceptions


We had a small windfall, and managed not to touch it for several years until we ran into health problems. I would like to think that I would be responsible with a large sum of money.
Link Posted: 11/21/2012 2:42:23 PM EST
Originally Posted By patchouli:
Originally Posted By SirSqueeboo:
Hello friend.





Here's a mil for you. Don't blow it.


I won't, and I'll consent to all studies, interviews, and filming you want.
Link Posted: 11/21/2012 2:53:20 PM EST
Originally Posted By SirSqueeboo:
Originally Posted By patchouli:
Originally Posted By SirSqueeboo:
Hello friend.





Here's a mil for you. Don't blow it.


I won't, and I'll consent to all studies, interviews, and filming you want.


Now you've done it...
Link Posted: 11/21/2012 7:05:15 PM EST
Originally Posted By Michael:
Originally Posted By SirSqueeboo:
Originally Posted By patchouli:
Originally Posted By SirSqueeboo:
Hello friend.





Here's a mil for you. Don't blow it.


I won't, and I'll consent to all studies, interviews, and filming you want.


Now you've done it...


I'll let them film a colonoscopy for a million.
Link Posted: 11/21/2012 8:00:21 PM EST
I think that would be a great experiment!

Link Posted: 11/21/2012 8:15:54 PM EST
Can I call dibs, I'll even pay the taxes on my part.
Link Posted: 11/21/2012 8:37:48 PM EST
Not that it's gonna happen...but...should I "Win" the Powerball (Meaning, should the quick-pick numbers ever come-up my way)...

I'm gonna split the jackpot 30-ways (15 to MY family and 15 to My wife's). We'll all party like it's 1999 and then part friends.

I'll be dead with-in the year of course
Link Posted: 11/21/2012 8:44:53 PM EST
It's going to be hard to come up with 125 people. I'm here and can help you out with that. Now for the other 124...
Link Posted: 11/21/2012 8:46:46 PM EST
Originally Posted By woodsie:
It's going to be hard to come up with 125 people. I'm here and can help you out with that. Now for the other 124...



Get to the back of the line! Your like #25 or so.



Link Posted: 11/21/2012 9:05:35 PM EST
Well you can cross me right off your list.
I DON'T want any free shit.
Thanks for the thought.
Link Posted: 11/21/2012 9:08:25 PM EST
In, lol.

Would be a great experiment, my guess is that 90% would blow through it like Hammer.
Link Posted: 11/21/2012 9:11:19 PM EST
Originally Posted By Aimless:
Someone made a documentary of giving a bum a $ 100k. It was gone in like 18 months. People who have never had money generally piss away large windfalls like that. They buy vehicles, live expensively, buy homes for relatives, open failboat small businesses.


Someone gave a bum a blank check.

Now, in 4 years, instead of owing $12T, we owe $16T.
Link Posted: 11/23/2012 3:08:56 AM EST
Its up to 350 million now, so ramp up your plans by a few more heads, OP
Link Posted: 11/23/2012 3:12:31 AM EST
This threads deserves a bump of Austrian's classic post:

http://www.ar15.com/forums/t_1_5/828009_.html
Link Posted: 11/23/2012 3:13:21 AM EST
Originally Posted By Michael:
Originally Posted By patchouli:
And just randomly dispersed a million bucks to 125 people .





That would be a fun experiment.


What would you hope to find out? They would probably spend the money very quickly...


Not me, I would invest 90% of it and live quietly pretty much the way I live right now.
Link Posted: 11/23/2012 3:17:25 AM EST
Originally Posted By Aimless:
Someone made a documentary of giving a bum a $ 100k. It was gone in like 18 months. People who have never had money generally piss away large windfalls like that. They buy vehicles, live expensively, buy homes for relatives, open failboat small businesses.


Reversal of Fortune was the name of the flick and it was far less than 18 months if I remember correctly. The odd thing was the first thing he talked about doing was getting his teeth fixed, which he never did.
Link Posted: 11/23/2012 5:34:23 AM EST
Originally Posted By tc556guy:
Its up to 350 million now, so ramp up your plans by a few more heads, OP





Yeah, saw that. I was at first saddened to learn that I did not win, as I had been planning on it.

Then I realized that I could just win the next one!


Woohoo!




FWIW, my wife does not like the plan.

Link Posted: 11/23/2012 6:19:01 AM EST
Originally Posted By patchouli:

Yeah, saw that. I was at first saddened to learn that I did not win, as I had been planning on it.

Then I realized that I could just win the next one!

Woohoo!

FWIW, my wife does not like the plan.


Gee, I wonder why your wife would be upset that you wanted to give all your winnings away to complete strangers......
Link Posted: 11/23/2012 6:24:53 AM EST
Originally Posted By Michael:
Originally Posted By Aimless:
You won't need ten and probably will not need 5. I have had clients who had large windfalls and never seen them hang onto them. I am sure there are rare exceptions



There are a few weirdos like myself... I'm something of a minimalist who could care less about owning material possessions.


You know who else is sure that they'll be the rare exception and not fail spectacularly? Everyone.
Link Posted: 11/23/2012 6:41:35 AM EST
Well, I'm giving away MY lottery winnings.

To Porsche.

To Cessna (for the largest single pilot Citation they make).

To those guys making Me-262 replicas in TX.

The rest goes in a bank in the Isle Of Mann.


TC
Link Posted: 11/23/2012 6:48:19 AM EST
If I won the lottery I'd prolly die of hooker overdose.
Link Posted: 11/23/2012 6:50:33 AM EST

Originally Posted By Aimless:

Originally Posted By patchouli:
Originally Posted By Aimless:
Someone made a documentary of giving a bum a $ 100k. It was gone in like 18 months. People who have never had money generally piss away large windfalls like that. They buy vehicles, live expensively, buy homes for relatives, open failboat small businesses.




Yeah, I've always heard this and it makes sense. Would be interesting to see how it played out. Make them agree to being studied and audited/interviewed at 1,5,10,20 years.
You won't need ten and probably will not need 5. I have had clients who had large windfalls and never seen them hang onto them. I am sure there are rare exceptions


Local man inherited 3 million from his parents, the money lasted two years. He built a million dollar home, and blew the rest on whatever.
Link Posted: 11/23/2012 7:03:19 AM EST
In on one in case he wins.

I don't have 125 family and friends. I'd have to find 90 random strangers to give the rest to. Providing they didn't vote for Obama. Tell you what OP, you're in the 90 if I win.
Link Posted: 11/23/2012 7:15:27 AM EST
[Last Edit: 11/23/2012 7:17:58 AM EST by cyrus-the-virus]
Ha I'd write you a book if that's what you wanted. I would take that money and I think I would figure out a way to pay it back within a year
Link Posted: 11/23/2012 7:16:16 AM EST
Originally Posted By Aimless:
Someone made a documentary of giving a bum a $ 100k. It was gone in like 18 months. People who have never had money generally piss away large windfalls like that. They buy vehicles, live expensively, buy homes for relatives, open failboat small businesses.


I would buy you an ice machine to live in.
Link Posted: 11/23/2012 7:38:19 AM EST
I would invest half of it in low risk mutual funds and then take the other half over to my friend Asadulah who works in securities...
Link Posted: 11/23/2012 7:46:09 AM EST
can i haz a million?
Link Posted: 11/23/2012 7:46:10 AM EST
Originally Posted By WhirlyGirl45:
Originally Posted By Michael:
Originally Posted By patchouli:
And just randomly dispersed a million bucks to 125 people .





That would be a fun experiment.


What would you hope to find out? They would probably spend the money very quickly...


Not me, I would invest 90% of it and live quietly pretty much the way I live right now.


That would be me.

I'd pay off my house (no other debt), buy my wife a new (probably still used) car, and find good investments for the rest and forget about it.

Just not having the house payment anymore would free up plenty of spending money every month.

Link Posted: 11/23/2012 7:48:11 AM EST
Just buy sex slaves.
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