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-   -   $1B lotto winner last night. (https://www.acousticguitarforum.com/forums/showthread.php?t=604792)

Dru Edwards 01-23-2021 12:46 PM

$1B lotto winner last night.
 
Wow, $1B to a single Mega Millions winner in Michigan last night. I can't comprehend that number except it's not even close enough to purchase the Red Sox or the Patriots. It's far too much for anything and everything else.

What would be on your radar with that?

Guest 33123 01-23-2021 12:50 PM

Instant retirement.

rokdog49 01-23-2021 12:53 PM

Troubles ahead.

AmericanEagle 01-23-2021 01:17 PM

Quote:

Originally Posted by J-Doug (Post 6612703)
Instant retirement.

Same here!

Tyeetime 01-23-2021 01:19 PM

I like money as much as the next guy, but nothing good will come from winning $1B.

Denny B 01-23-2021 02:07 PM

“I am opposed to millionaires, but it would be dangerous to offer me the position.”

― Mark Twain


Change that to Billionaires...I'll sign off on it, and you can quote me! :lol:

-- Denny B

Brucebubs 01-23-2021 02:14 PM

New tires for the truck.

Lkristians 01-23-2021 02:18 PM

I'd buy Brucebub's truck, since it has new tires.

Tyeetime 01-23-2021 04:18 PM

Quote:

Originally Posted by Lkristians (Post 6612786)
I'd buy Brucebub's truck, since it has new tires.

haha, made me laugh at that one.

Cheers

MrDB 01-23-2021 04:32 PM

In my career in insurance/financial I had 3 lottery winners, and 2 of them died broke.

Net Present Value of $1B is maybe $700m and tax on that would net out at maybe $400m.

Would be awfully hard to die broke with $400m but I suppose it can be done.

Acousticado 01-23-2021 04:44 PM

We’d enjoy some niceties, but wouldn’t be extravagant in the scheme of things. No monster home(s) or super pricey cars. We love our modest bungalow and small southern vacation home, doubt we’d even move at this point in life.

Travel more. I’d like to take care of close family and friends who have earned it to make their life a little easier, and also be a philanthropist to help the disadvantaged.

One indulgence comes to mind...have a small collection of the guitars I’d really like to own, the PA/amps, decent recording gear and a properly appointed room to record in. Likely, I’d hire someone experienced as needed to help produce/engineer my original songs for my own enjoyment/legacy.

Kerbie 01-23-2021 04:47 PM

If I cut back considerably on my expenses, I bet I could live on that! :ha:

Brucebubs 01-23-2021 04:53 PM

Many years ago a lotto winner here in Australia used their winnings to open the first McDonalds in Tasmania - funny thing was the potatoes for all the fries being used by the 'Macca's' on the mainland were grown in Tasmania.

jklotz 01-23-2021 06:20 PM

If I won? Well, I might be going to work late, but I'd be leaving early!

loco gringo 01-23-2021 09:14 PM

I've always wanted a tow truck. I'd buy a tow truck.


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