$26 million Powerball winner: No more work for me

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munruss

Golden Member
May 4, 2001
1,104
0
76
$20 says he looses everything after his soon-to-be-wife divorces him! Back to work he goes...
 

GooberPHX420

Banned
Jan 13, 2002
1,567
0
0
You have got to be a complete retard to not be able to keep $17 mill. it would be so simple. use a couple mill up front to get over the fact that youre a millionaire now, buy your car, your house, pay off your debts, get lipo or somethin...then toss the rest in an account with decent interest like the rest of you had said. my family lives off less than 50k a year, I think we could manage the 500k a year of interest....
 

gotsmack

Diamond Member
Mar 4, 2001
5,768
0
71
I'd dump $2 mil in the bank for myself and donate the rest to my school (go Rutgers!)

maybe they'd name a building after me.

I don't need 17 million to live in suburbia with a decent computer and a 40K car.
 

kami

Lifer
Oct 9, 1999
17,627
5
81
I just think some of you are jealous :p

Well, if I had $17mil... I'd spend $5mil on whatever, and give money to family and friends (and probably laugh at the people who screwed me over over the years) then throw $10m into extremely safe stuff that I could live off of comfortably for the rest of my years, and $2m I'd throw into high risk stuff and try to add a few million to my winnings.
 

LH

Golden Member
Feb 16, 2002
1,604
0
0
A million dollar home costs $250,000 a year to pay taxes, water, power and keep maintained. You'd have to have atleast $10million banked at 5% to live comfortably in a million dollar house, and not go broke, and lets not forget, that million dollar house can gain value, which means more taxes.