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Posted: 1/22/2021 6:16:51 PM EDT
[#1]
A billion? That's a loaf of bread and a gallon of milk in 2023 money.
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Posted: 1/22/2021 6:18:25 PM EDT
[#2]
Quote HistoryQuoted: I can't answer your specific questions OP but I can tell you this much... I already have my tickets and if I win, I fully intend to become the George Soros of conservatives. I'm gonna buy the finest politicians money can buy! not with 500 million, you're not. |
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Posted: 1/22/2021 6:18:29 PM EDT
[#3]
Quote HistoryQuoted: Lol @ 25%. More like 37%. This. It's about 37% of whatever you get, which is less than the huge jackpot itself. It would likely come out to less than half of the actual jackpot. I wouldn't think it would take too long if you have a few hundred million dollars to grow it in quite an astounding way. I'd deffo be investing a ton of it to grow it and live off of the interest. I don't have kids yet and I'm not married... so I would probably eventually want to find a good woman and have a couple kids. |
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Posted: 1/22/2021 6:19:30 PM EDT
[#4]
Quote HistoryQuoted: Invest in Fidelity and Vanguard mutual funds. Probably buy some Treasury Notes. Buy collectable firearms, cars, motorcycles and U.S. Gold Coins. ^ or give it all to the DNC... look at what they always do for the children.. |
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Posted: 1/22/2021 6:19:35 PM EDT
[#5]
Quote HistoryQuoted: We spent a lot of time at work bs'ing about the Powerball, so one of the engineering types built a computer simulation program. We picked five numbers and a powerball, and started it spinning. At the end of the day it had done 42 years worth of draws...and we hadn't hit.  The odds are close to every man, woman, and child in the country putting their name in a (very big hat) and expecting yours to be pulled out. |
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Posted: 1/22/2021 6:21:55 PM EDT
[#6]
Quote HistoryQuoted: If I won 500 million, I wouldn't give 2 fucks about investing shit... that's more money than I would spend in 10 lifetimes YES. I wouldn't care. I could spend 10mil/year & still have $ left at 100. |
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Posted: 1/22/2021 6:22:21 PM EDT
[#7]
I'd buy $200 million in BTC. Open a long then buy $200 million more.
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Posted: 1/22/2021 6:23:56 PM EDT
[#8]
Quote HistoryQuoted: It is absolutely not "worth" playing. |
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Posted: 1/22/2021 6:25:10 PM EDT
[#9]
With 525 million I don't give a fuck about the stock market or making a billion dollars.
I'm outro |
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Posted: 1/22/2021 6:26:16 PM EDT
[#10]
I bought one ticket. It's about 410m after lump sum and taxes.
If I win I'm moving to a small populated red state. (SD/WY/etc) - Use 310m to buy up lots of apartments and other rental properties. - Using rental application information, like last address, employment history and all means available to me, deny rentals to all blue state imports and commies. Oh wtf there's no where to live? Youhavetogoback.gif Use 50m to build giant APC/Cola Warrior competition and training facility. Bank the remaining 50m and spend my days hiking, fishing, hunting, shooting, playing with dogs and denying shitlibs a place to live in my new state. |
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Posted: 1/22/2021 6:32:26 PM EDT
[#11]
USAmega https://www.usamega.com/mega-millions/jackpot does a breakdown of what you actually walk away with after either taking the annuity or lump sum and paying taxes by state.
Currently $423,456,928 after taking lump sum and paying taxes in Virginia. If I won, I would buy a nice large house with land in both TN and TX, several nice cars (Lamborghini Miura, Koenigsegg Jesko, whatever else looks fun), a huge woodworking/metalworking shop with CNC equipment at both houses, and a lot of guns. I would plan to cease all spending when I reach $350 million, then make a plan to preserve and grow that remaining $350 million. |
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Posted: 1/22/2021 6:32:48 PM EDT
[#12]
Damn shame that Austrian thread got sacrificed to the GoDaddy gods.
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Posted: 1/22/2021 6:34:07 PM EDT
[#13]
I lose more than that running for the bus.....
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Posted: 1/22/2021 6:36:52 PM EDT
[#14]
Quote HistoryQuoted: It is absolutely not "worth" playing. Quote HistoryQuoted: Quoted: Only $739 million cash? Almost not even worth playing... It is absolutely not "worth" playing. Think of it this way. 1 in 100 chance of winning $10 on a one dollar bet is not "worth" playing, because of the house edge. However, 1 in 10 chance of winning $10 on a one dollar bet is "worth" playing, because the house has no edge. It's only when the multistate lottery jackpots get this high that are worth playing. Odds are 1 in 300M for $2.00 while the cash payout is $700M. No house edge. Yes, the caveat is the possibility of multiple winners. |
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Posted: 1/22/2021 6:37:06 PM EDT
[#15]
Quote HistoryQuoted: Only $739 million cash? Almost not even worth playing... Yup go be poor somewhere else. 
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Posted: 1/22/2021 6:37:51 PM EDT
[#16]
The cash option amount is what it takes for the lottery to invest to be able pay out over 30 years.
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Posted: 1/22/2021 6:39:58 PM EDT
[#17]
I would buy an old chocolate factory and fill it with little orange men (with blonde combovers) and call my chocolate bars......MAGAbars!
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Posted: 1/22/2021 6:40:18 PM EDT
[#18]
Quote HistoryQuoted: A lot of people don’t know that if you take the annuity, if you die, your heirs don’t get whatever is left of the annuity. Take the lump sum and live it up like MC Hammer incorrect.  Attached File |
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Posted: 1/22/2021 6:42:09 PM EDT
[#19]
Think of all the 10s of millions of tickets sold over the past 5-6 weeks and not one person has hit it yet.
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Posted: 1/22/2021 6:42:46 PM EDT
[#20]
Quote HistoryQuoted: I dont understand how they can take that much for a lump sum? What is the reason for them not giving 1 billion lump sum? the 732million is the amount they would invest so that they could pay you out the 1B over time. so, you can take that 732 now and invest it on your own, or let them put that 732to work and then have them pay you out 1B over the next 20 years. |
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Posted: 1/22/2021 6:49:03 PM EDT
[#21]
Quote HistoryQuoted: What, you mean like host a party for Arfcom? What would we do? sit around the basement eating Cheetos and surfing the BOTD forum? Quote HistoryQuoted: Quoted: Gotta be in it to win it. When I win it, I’ll host arfcom What, you mean like host a party for Arfcom? What would we do? sit around the basement eating Cheetos and surfing the BOTD forum? You’re a fucking teener . You probably weren’t born back when we had real Arfcom parties. The kind where people from all over the country would attend. They had shooting, drinking, bbq, drinking all night. Night shoots. Really great drawings with thousands of prizes. Coozies , t-shirts. Pud knockers like you don’t know what you missed. |
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Posted: 1/22/2021 6:51:21 PM EDT
[#22]
Any reason why people go crazy for billions and not 10s of millions. Was at the 711 today girl bought 20 mega millions and 5 or some other thing. I don't get why people get excited for the super jackpots when the regular one would be adequate.
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Posted: 1/22/2021 6:51:40 PM EDT
[#23]
Quote HistoryQuoted: That’d buy me a big chunk of farmland in Missouri or somewhere out West. I’d be done with VA and the East Coast. You should consult a map more often. Missouri really isn’t the west. 
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Posted: 1/22/2021 6:52:14 PM EDT
[#24]
Quote HistoryQuoted: That’d buy me a big chunk of farmland in Missouri or somewhere out West. I’d be done with VA and the East Coast. Gotta dream bigger than that. I’d buy an island in the South Pacific and never be seen again. |
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Posted: 1/22/2021 7:13:00 PM EDT
[#25]
Quote HistoryQuoted: If I had even $100M I wouldn't give a shit about turning it into $101M. I'd take care of family, close friends, some close to home charitable things, and become a ghost with the $50M or so left. You're damn right. That's Fu@k You money we're talkin' 'bout! |
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Posted: 1/22/2021 7:14:49 PM EDT
[#26]
Quote HistoryQuoted: If I won 500 million, I wouldnt give 2 fucks about investing shit... thats more money than I would spend in 10 lifetimes |
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Posted: 1/22/2021 7:15:09 PM EDT
[#27]
Quote HistoryQuoted: You should consult a map more often. Missouri really isn’t the west. Quote HistoryQuoted: Quoted: That’d buy me a big chunk of farmland in Missouri or somewhere out West. I’d be done with VA and the East Coast. You should consult a map more often. Missouri really isn’t the west. ^ isn't there a tiny river that divides east and west... if I recall... it's spelled like Mississippi I agree, Missouri isn't west.. western USA |
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Posted: 1/22/2021 7:18:44 PM EDT
[#28]
Hostile takeover of Tesla if I win.
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Posted: 1/22/2021 7:19:18 PM EDT
[#29]
Quote HistoryQuoted: We spent a lot of time at work bs'ing about the Powerball, so one of the engineering types built a computer simulation program. We picked five numbers and a powerball, and started it spinning. At the end of the day it had done 42 years worth of draws...and we hadn't hit.  |
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Posted: 1/22/2021 7:19:20 PM EDT
[#30]
Quote HistoryQuoted: You should consult a map more often. Missouri really isn’t the west. Quote HistoryQuoted: Quoted: That’d buy me a big chunk of farmland in Missouri or somewhere out West. I’d be done with VA and the East Coast. You should consult a map more often. Missouri really isn’t the west. Cool. William Clark is a member! |
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Posted: 1/22/2021 7:20:51 PM EDT
[#31]
No one wins those things, it's a scam. They just put up a pic. and story about some local punch clock or single mom to keep people buying tickets. They get a lot of welfare money back through lottery ticket sales and it would be un sustainable to actually pay out on the damn things.
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Posted: 1/22/2021 7:21:20 PM EDT
[#32]
Quote HistoryQuoted: ^ isn't there a tiny river that divides east and west... if I recall... it's spelled like Mississippi I agree, Missouri isn't west.. western USA misses pissie |
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Posted: 1/22/2021 7:21:24 PM EDT
[#33]
Quote HistoryQuoted: If I won 500 million, I wouldnt give 2 fucks about investing shit... thats more money than I would spend in 10 lifetimes |
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Posted: 1/22/2021 7:22:31 PM EDT
[#34]
Quote HistoryQuoted: Cool. William Clark is a member! Quote HistoryQuoted: Quoted: Quoted: That'd buy me a big chunk of farmland in Missouri or somewhere out West. I'd be done with VA and the East Coast. You should consult a map more often. Missouri really isn't the west. Cool. William Clark is a member! |
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Posted: 1/22/2021 7:23:08 PM EDT
[#35]
The last time I was in the Keys I saw some islands for sale. You can find me there.
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Posted: 1/22/2021 7:26:53 PM EDT
[#36]
Quote HistoryQuoted: I'd buy $200 million in BTC. Open a long then buy $200 million more. Yep! Mover and shaker! |
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Posted: 1/22/2021 7:36:30 PM EDT
[#37]
I'd have a suitcase and stay on the move. I'd be dead inside a few years. But what fun I would have.
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Posted: 1/22/2021 7:42:04 PM EDT
[#38]
Quote HistoryQuoted: i wouldnt be able to quit my day job, that's for sure. I bought 5 I'd take a night shift position so I could spend money all day. (need to run down and get 5 tickets.) |
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Posted: 1/22/2021 7:46:20 PM EDT
[#39]
Quote HistoryQuoted: not with 500 million, you're not. |
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Posted: 1/22/2021 7:59:10 PM EDT
[#40]
physical gold......just for S&Gs
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Posted: 1/22/2021 8:00:39 PM EDT
[#41]
Quote HistoryQuoted: physical gold......just for S&Gs Are you even legally allowed to own more than a miniscule amount of physical gold any more? I mean can you actually own $10 million or $20 million in gold bars legally? |
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Posted: 1/22/2021 8:04:36 PM EDT
[#42]
I need my thousand acres man, lets go!!!
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Posted: 1/22/2021 8:05:12 PM EDT
[#43]
Quote HistoryQuoted: Are you even legally allowed to own more than a miniscule amount of physical gold any more? I mean can you actually own $10 million or $20 million in getting of bars legally? Hell if I know, but I’d try. It would look like the end of Kelly’s Heros by the time I was done. |
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Posted: 1/22/2021 8:05:29 PM EDT
[#44]
Not fer long it ain’t. After I WIN IT!
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Posted: 1/22/2021 8:09:02 PM EDT
[#45]
Quote HistoryQuoted: Is the word 'or' confusing to you? Quote HistoryQuoted: Quoted: Quoted: Quoted: That'd buy me a big chunk of farmland in Missouri or somewhere out West. I'd be done with VA and the East Coast. You should consult a map more often. Missouri really isn't the west. Cool. William Clark is a member! Less confusing than following a comment thread is to you. I was responding to 338winmag.
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Posted: 1/22/2021 8:09:17 PM EDT
[#46]
Quoted: Let's say that you actually won the Mega Millions jackpot. It's $1 BILLION dollars. Except that's for the annuity option. If you take the lump sum pay out it's only a measly $739.6 million dollars. I mean after taxes that's only a shade over a half billion dollars. In Oklahoma, at 4% withholding, and with the Federal withholding of 25%, that's like a paltry $525 million. If you invested every single penny, and didn't spend any of it on anything, how long would it take to increase that to a full billion? And what types of investment would bring the fastest increase to 1 billion? Well if you spent it all on Bitcoin that would drive the price up to probably double over night and then you sell the next day. So 24 hours.
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Posted: 1/22/2021 8:11:55 PM EDT
[#47]
I'll buy one ticket.
How do I do that? |
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Posted: 1/22/2021 8:14:28 PM EDT
[#48]
I buy all the MVIS and ZOM
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Posted: 1/22/2021 8:15:27 PM EDT
[#49]
Quote HistoryQuoted: I'll buy one ticket. How do I do that? Nobody is allowed to help you sorry it's one of them lotto rules, yup |
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Posted: 1/22/2021 8:16:35 PM EDT
[#50]
Personally I would invest it in doing some George Washington shit, this country desperately needs a George Washington to kick some asses into line
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