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(USA Today)   Powerball jackpot rises to $305 million. What would YOU do with the cash?   (usatoday.com) divider line 340
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4744 clicks; posted to Main » on 12 Aug 2012 at 7:04 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-08-13 12:25:47 AM
What other really rich people do...move it to offshore accounts that earn interest and live off the interest (figure about 1% annually). That leaves me about $1.5 million a year after taxes...I could live on that.

On a more serious note, I'd quit my job and start my business early. I wouldn't stop working...I'd die of boredom.
 
2012-08-13 12:37:42 AM
Come home.
 
2012-08-13 12:55:17 AM
Simply disappear :)
 
2012-08-13 01:00:31 AM
I already have a plan to sponsor ALL farkers to TF for a month...

ANARCHY IS THE RULE!!! lol.

I figure the hardware upgrades would chew up a couple million for giggles.
 
2012-08-13 01:06:20 AM
Buy my hometown by way of becoming as important to the local economy as ATK was and take control of the local government with a benevolent fist up the ass of corruption.

The funny thing is that could be done with less than $10M.

/ There is no government, only corporations.
// With a good heart powering it, that can be a very good thing indeed.
 
2012-08-13 01:29:12 AM
Pay my taxes like a real American (Romney and Ryan can suck a tailpipe) and then take at least a year long cruise so I could find homes to buy in Central America (because I like it there) and Europe (so I could be there to watch the Tour de France live every year. And Amsterdam).
 
2012-08-13 02:29:49 AM
Golf, golf stuff, golf trips, golf lessons, PGA events.
 
2012-08-13 02:52:19 AM
www.indiaatv.com
Saw one on Trade-A-Plane a few years ago for 1.75 million. The rest I'll wind up spending on maintenance parts and avgas.
 
2012-08-13 02:57:03 AM
Spend 90% of the money on women, booze and drugs. The rest I waste foolishly.
 
2012-08-13 03:10:32 AM
Further to my previous post, I'd also buy season club level tickets for the Houston Texans, season club-level tickets for Arsenal, home plate season tickets for the Astros.
 
2012-08-13 04:05:08 AM
I'd build my empire and then build a secret lair.


The large death ray would only be a few years away then.
 
2012-08-13 04:57:01 AM
One of these threads again? Gotta remember to go buy a ticket tomorrow. Tax on dumb people be damned, the fantasy alone is worth the one dollar.

1. pay off debts, as everyone else has said.
2. pay off family debt, be it mortgages or student loans. All family debt, including cousins who are still in college, because that stuff isn't cheap. I'm in college again, I know.
3. pay to have a certain cousin put into a rehab center for the forseeable future. Get his name on the kidney transplant list, too.
4. set up a trust fund for my other cousin's son, with enough in there to pay for tutors in whatever he wants to master that week(Asperger's syndrome, medically diagnosed)
5. set up another cousin with a trust for when he gets his butt kidnapped by some fringe group with all of his wanderlust wanderings(one time only, after that, he's on his own).
6. buy an old missile silo and renovate it into my own laboratory, complete with evil super genius props.
7. finish triple engineering major(glutton for punishment), and secret myself away from the world until the inventions are finished with stage one testing.
8. escape work every year to enter all the world series of poker events in vegas.
 
2012-08-13 05:31:56 AM
Break down and get a total fark account.
 
2012-08-13 07:27:59 AM
$305 million diamond engagement ring
 
2012-08-13 07:30:42 AM

Trance354: One of these threads again? Gotta remember to go buy a ticket tomorrow. Tax on dumb people be damned, the fantasy alone is worth the one dollar.

1. pay off debts, as everyone else has said.
2. pay off family debt, be it mortgages or student loans. All family debt, including cousins who are still in college, because that stuff isn't cheap. I'm in college again, I know.
3. pay to have a certain cousin put into a rehab center for the forseeable future. Get his name on the kidney transplant list, too.
4. set up a trust fund for my other cousin's son, with enough in there to pay for tutors in whatever he wants to master that week(Asperger's syndrome, medically diagnosed)
5. set up another cousin with a trust for when he gets his butt kidnapped by some fringe group with all of his wanderlust wanderings(one time only, after that, he's on his own).
6. buy an old missile silo and renovate it into my own laboratory, complete with evil super genius props.
7. finish triple engineering major(glutton for punishment), and secret myself away from the world until the inventions are finished with stage one testing.
8. escape work every year to enter all the world series of poker events in vegas.


Care to double down? A ticket costs $2 now.
 
2012-08-13 07:35:09 AM

MAYORBOB: Trance354: One of these threads again? Gotta remember to go buy a ticket tomorrow. Tax on dumb people be damned, the fantasy alone is worth the one dollar.

1. pay off debts, as everyone else has said.
2. pay off family debt, be it mortgages or student loans. All family debt, including cousins who are still in college, because that stuff isn't cheap. I'm in college again, I know.
3. pay to have a certain cousin put into a rehab center for the forseeable future. Get his name on the kidney transplant list, too.
4. set up a trust fund for my other cousin's son, with enough in there to pay for tutors in whatever he wants to master that week(Asperger's syndrome, medically diagnosed)
5. set up another cousin with a trust for when he gets his butt kidnapped by some fringe group with all of his wanderlust wanderings(one time only, after that, he's on his own).
6. buy an old missile silo and renovate it into my own laboratory, complete with evil super genius props.
7. finish triple engineering major(glutton for punishment), and secret myself away from the world until the inventions are finished with stage one testing.
8. escape work every year to enter all the world series of poker events in vegas.

Care to double down? A ticket costs $2 now.


www.thatsnerdalicious.com
 
2012-08-13 08:02:13 AM

YouPeopleAreCrazy: Gene Masseth Jr.: I'd spare no expense in moving my girlfriends entire family as far away from us as possible. As far as they can go geographically before they reach the point that they would be "coming back the other way".

Then, once they are physically and geographically nowhere near us, I'd give her the dream wedding she deserves followed by an incredibly nice house and a life of pure luxury.

Um, why don't *you* move? Varying places such as Rio, Monaco, Crete, Bora Bora, etc, etc, etc.
Let the mouthbreathers revel in their local trailerparkness.


Or that. Either way, I'd put enough miles between us it'd be the same.
 
2012-08-13 08:42:51 AM
I would buy an email list and send out a letter letting people know that I'm a big multimillionaire and that I will select 5 people to have $2,000,000. All they need to do is send me their name, address, and phone number so I can get started with the money transfer.
 
2012-08-13 09:04:43 AM
I have no farking idea. Honestly. That much money, I'd feel obliged to take care of my friends and family for the rest of their lives. When do you decide that one friend or family member doesn't "deserve" the money?

Sure, I can say that I'd retire, live in luxury, etc., but I could do that off of 10% (after taxes on the winnings) because I don't live big. I feel like I'm in luxury right now because I'm on a postdoc's salary from being a graduate student.

I want my family to want for nothing. But then what about my friends? Why do I get to do whatever I want when they're slaving away at shiat jobs?

I had a fleeting thought to go buy $40 worth of tickets just for funsies, but I know that that would be $40 down the drain.
 
2012-08-13 09:43:42 AM

HiFiGuy: I would buy an email list and send out a letter letting people know that I'm a big multimillionaire and that I will select 5 people to have $2,000,000. All they need to do is send me their name, address, and phone number so I can get started with the money transfer.


I cant decide if thats chaotic evil or just chaotic neutral... "No really, i sent this guy an email and he sent me $2mil." "No grandma, you got scammed. Again. Time for the home." "Youre outa the will"
 
2012-08-13 10:23:36 AM
Seems to be a general misconception that because your checking account pays 1%, rich people put all their money in a savings account that pays likewise.

Let's use Mitt as an example (not to turn this political, but cuz his numbers are easily googleable), he's worth roughly $200m and earned $20m in '10, mostly from investments and dividends.

That's 10 percent (assuming that all of his worth is in investments, which it isn't, so he's making more than 10%, but we'll use that).

He paid around 15% taxes on that, or about $3m, leaving $17m a year.

So when the previous poster said that he'd be making $1m *per month* on his lottery winnings, he wasn't crazy.

So forget IRAs and such - the money you can invest in those per year is less than you'd make between waking up and having breakfast.

Number 1 on everyones "what would I do" list needs to be "talk to a financial advisor and lawyer". They know the rules of the game you just became a player of. Forget the rest of your list, it's probably going to change.

/any responses along the lines of "mitt is only worth $190m so you're wrong" constitute a legally binding agreement to blow me
 
2012-08-13 10:55:38 AM

GRCooper:
/any responses ... constitute a legally binding agreement to blow me


I am so stealing that.
 
2012-08-13 11:00:46 AM
Boring plan:

1. MOVE! (Transfer mail to a POB, change phone numbers, set up camera security system)

2. New cars

3. Pay off mortgages for a select few people.

4. Leave the majority of the money to earn interest.... eventually start a few small businesses.

5. Relax
 
2012-08-13 11:01:04 AM
Step 1: Buy Fark and 4chan
Step 2: Write script to randomly cross post between the two
Step 3: Reply to complaints using a spambot
Step 4: Profit
 
2012-08-13 11:37:04 AM

Red Shirt Blues: [www.indiaatv.com image 640x421]
Saw one on Trade-A-Plane a few years ago for 1.75 million. The rest I'll wind up spending on maintenance parts and avgas.


You and I think a like, but I would probably buy an F-4 Phantom II, learn to fly it, and then take my father for the ride of his life. He was a bomb loader in Vietnam and loaded hundreds of those jets, but never got to ride in one. The look on his face would be priceless (especially when I kicked into supersonic).
 
2012-08-13 11:55:32 AM

djh0101010: I'd build a metric farkton of these:

[media.gazettextra.com image 700x395]

...and then I'd make portions of them available to smaller investors who can't swing an entire installation at once, co-op style. And then my part of the profits would go back into more of them plus a ridiculous lifestyle.


Where exactly do said profits come from? Those panels wear out before they pay for themselves with the power they provide. You're going to need to win powerball and a government subsidy :)
 
2012-08-13 12:06:35 PM
kayak through Asia.
 
2012-08-13 12:20:42 PM
put together a black ops team to hunt down all of the people that have tortured and/or killed animals and inflict the same torture on them

dogfights: remove the dogs, lock the doors, and mustard gas

puppy and kitty mills: mysterious gas leak at home of owners


/ ditto child abusers/killers-at least ones not in prison
// me thinks prison is worse on them in most cases
/// yes, I'm dark when innocent beings are deliberately hurt
 
2012-08-13 12:50:30 PM
Hookers an blow more Hookers.
 
2012-08-13 03:09:18 PM

Cyno01: HiFiGuy: I would buy an email list and send out a letter letting people know that I'm a big multimillionaire and that I will select 5 people to have $2,000,000. All they need to do is send me their name, address, and phone number so I can get started with the money transfer.

I cant decide if thats chaotic evil or just chaotic neutral... "No really, i sent this guy an email and he sent me $2mil." "No grandma, you got scammed. Again. Time for the home." "Youre outa the will"


Yes, and then I will develop a new Email Tracking system where I'll pay $10 to the first 10,000 respondents whose email is contained in a special forwarded message.

/Hmm, I probably should get some help with that second idea.
//I hear Microsoft and AOL could use the work...
 
2012-08-13 03:13:50 PM
"I spent half of my money on gambling, liquor, and wild women. The other half I wasted" - WC Fields
 
2012-08-13 04:46:33 PM
www.78ta.com
/hot
 
2012-08-13 05:02:42 PM

captainsnag: [www.78ta.com image 386x290]
/hot


With the leftover money, I'm sure you could convince Biden to come over and help you wash it.
 
2012-08-13 05:29:35 PM

NeoCortex42: captainsnag: [www.78ta.com image 386x290]
/hot

With the leftover money, I'm sure you could convince Biden to come over and help you wash it.


Haha. Nope. Eyebleach, please. Plus, I'd be a definite Republican then, so I'd have Jenna Jameson over to wash it.
 
2012-08-13 09:54:08 PM
d) all of the above.


Ok. Took my time reading all the posts. Thanks for all your insights.

First if all, won't play the lottery as gambling is a no-no.
Second of all, if I did have such a windfall here is some of the the stuff the I'd do that (I think) wasn't mentioned:
- first of all, I would receive the check wearing a trollface mask
- Set up a lab that develops my ideas into workable patents. I have a bunch.
- set up a team that will develop commercial apps for me. I have a few ideas
- the people who say go back to school have it wrong. Hire the best professors and have one-on-one tutoring
- helicopter + training and license
- personal trainers for my home gym
- not much of a car person, always thought it would be nice to have a luxury suv, a luxury sedan and a sports car. In the end will probably just get a high end luxury sports car like an Austin Martin coupe or something
- small but luxurious apartments in New York, Paris, London, Cape Town,Mecca, Dubai, Shanghai, and maybe Moscow. Whenever I'd visit any of these I'd hire a language tutor that would also double as my tour guide so that I could learn in real-life settings and practice and get corrected in realtime
- start some kind of clothing line
- set up a design center that designs for anything. I think Pananfarina (sp?) do something like that
- invest in a goldmine. Gold, it's what's for breakfast
- set up several businesses. Once successful I'd set up a school for entrepreneurship
- set up a renewable energy company
- invest in specific practical nanotechnology lines
- last but not least, start a thread titled "Remember that lottery thread? Well it seems that one Farker has achieved his dreams"

Truth be told, I'm surprised none of you said "fighting in the UFC after dating Phoebe"
 
2012-08-13 10:14:09 PM

cynicalbastard: Cyno01: 610 chicks at the same time.

That's 305 mill, not 122 thou. Most gals in the biz will do doubles for about 200 each. Especially since you're unlike to "do" more than a half-dozen or so, even with viagra and speed keeping you going. The rest will just cuddle each other, make moaning noises, check the clock regularly, then take the cash and say "so long, sucker, please call again."


So, like marriage, but cheaper and more fun?

/kidding
 
2012-08-13 10:17:31 PM

NeoCortex42: captainsnag: [www.78ta.com image 386x290]
/hot

With the leftover money, I'm sure you could convince Biden to come over and help you wash it.


I'm registered D, and I'm not sure I'd trust Biden to wash a car...
 
2012-08-14 10:54:59 AM
I would never watch porn again, as I'd be farking the same women I'm currently watching.
 
2012-08-14 04:17:36 PM
Looks like the estimate has been updated to $320 Million now, with the cash option being the largest ever for Powerball. So better adjust your plans accordingly. That's a lot more hookers and blow to make space for.
 
2012-08-15 12:16:07 AM
www.stonessoundstudio.com.au

...at the same time. Ahh-yeah!
 
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