Everyone in the US better hope I win the MegaMillions

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Fritzo

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
126
MAJOR ANNOUNCEMENT:

If I win the $500 MILLION Megamillions jackpot, I will give each and every US citizen $1 MILLION DOLLARS.

I'm serious about this. I've always wanted to do something that would change the world, and that amount of money is almost unfathomable. I wonder what kind of affect this would have on the economy :D

Official Rules:

- You must have made below $999,999 on your tax return last year.
- You must be a legal US citizen as of Jan 1st, 2012
- I must win the Megamillions lottery to fund the endeavor.

I figure after taxes and giving out the cash, I will still have $50-$100 million left, and that's enough to live like a super-villain for the rest of my life.
 
her209

her209

No Lifer
Oct 11, 2000
56,336
11
0
Fritzo said:
MAJOR ANNOUNCEMENT:

If I win the $500 MILLION Megamillions jackpot, I will give each and every US citizen $1 MILLION DOLLARS.

-snip-

I figure after taxes and giving out the cash, I will still have $50-$100 million left, and that's enough to live like a super-villain for the rest of my life.
Click to expand...
You FAIL at MATH.
 
Fritzo

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
126
her209 said:
You FAIL at MATH.
Click to expand...

How so? I figure around 275-300 million people will qualify for this, and if the money is moved to a foundation to distribute the cash, it will provide a tax shelter.

Since you doubt me, you are being removed from the list.
 
her209

her209

No Lifer
Oct 11, 2000
56,336
11
0
Fritzo said:
How so? I figure around 275-300 million people will qualify for this, and if the money is moved to a foundation to distribute the cash, it will provide a tax shelter.

Since you doubt me, you are being removed from the list.
Click to expand...
275 million people x 1 million dollars >>>>>>>>>> 500 million

EDIT: You'll need 275,000,000,000,000, i.e., 275T dollars.

:D
 
Last edited:
JTsyo

JTsyo

Lifer
Nov 18, 2007
11,981
1,100
126
Fritzo said:
MAJOR ANNOUNCEMENT:

If I win the $500 MILLION Megamillions jackpot, I will give each and every US citizen $1 MILLION DOLLARS.

I'm serious about this. I've always wanted to do something that would change the world, and that amount of money is almost unfathomable. I wonder what kind of affect this would have on the economy :D

Official Rules:

- You must have made below $999,999 on your tax return last year.
- You must be a legal US citizen as of Jan 1st, 2012
- I must win the Megamillions lottery to fund the endeavor.

I figure after taxes and giving out the cash, I will still have $50-$100 million left, and that's enough to live like a super-villain for the rest of my life.
Click to expand...

Lump sum would take it down to $250MM then after taxes say $140MM.

But if you did give everyone a million dollars, think of how many would be bankrupt within a year. Plus the inflation that would follow.
 
W

Wonderful Pork

Golden Member
Jul 24, 2005
1,531
1
81
Fritzo said:
MAJOR ANNOUNCEMENT:

If I win the $500 MILLION Megamillions jackpot, I will give each and every US citizen $1 MILLION DOLLARS.

I'm serious about this. I've always wanted to do something that would change the world, and that amount of money is almost unfathomable. I wonder what kind of affect this would have on the economy :D

Official Rules:

- You must have made below $999,999 on your tax return last year.
- You must be a legal US citizen as of Jan 1st, 2012
- I must win the Megamillions lottery to fund the endeavor.

I figure after taxes and giving out the cash, I will still have $50-$100 million left, and that's enough to live like a super-villain for the rest of my life.
Click to expand...

Sorry dude, you can give 300 million people 1 dollar, but thats about it.
 
Fritzo

Fritzo

Lifer
Jan 3, 2001
41,920
2,161
126
LOL, just screwing with everyone. This is something my daughter said this morning when I was taking her to school :) She has a big heart, but not very good with numbers.
 
rcpratt

rcpratt

Lifer
Jul 2, 2009
10,433
110
116
I think you should just split it up between all active ATOT members, personally.
 
M

Matthiasa

Diamond Member
May 4, 2009
5,755
23
81
Well that is actually have the economy works. :p
You just have to make sure those who get the money pass it around fast enough.
 
lozina

lozina

Lifer
Sep 10, 2001
11,711
8
81
Just give every ATOT member who joined before the year 2002 and whose screen name starts with an L and ends in an A.

I'm sure you will have enough dough for that
 
SlitheryDee

SlitheryDee

Lifer
Feb 2, 2005
17,252
19
81
Lol. You probably couldn't give everyone on AT forums a million each with 500 million. Not saying you shouldn't try though ;)
 
rudder

rudder

Lifer
Nov 9, 2000
19,441
86
91
Fritzo said:
MAJOR ANNOUNCEMENT:

If I win the $500 MILLION Megamillions jackpot, I will give each and every US citizen $1 MILLION DOLLARS.
Click to expand...

Let me guess... each person will have to give your their bank account and routing number so you can move money out of the country and they get to keep $1 million for you borrowing their account. Because now you are some rich nigerian prince or something.
 
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