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Thread: If you won the powerball...

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    Veteran Member sunkissedbeachbunni's Avatar
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    Default If you won the powerball...

    I just heard on the news that no one yet has claimed/won the 300+mil (opps!) powerball. Just for fun I was wondering what I'd do if I won and what you guys would do?

    I would:
    -Pay off all my parents and sister bills
    -Buy a few mid sized homes with lots of land in different parts of the country and a town house in Rittenhouse sq.
    -Invest/save 90% right away mostly in secure untouchable for many years.
    -Get boobs/nose job/lips
    -Donate lots of $$ to animal shelters, childrens shelters, and research for non oil ways for our planet to keep on going.
    -Open up a dance night club and a strip club.

    That's all I can think of for now. Oh of course go on a shopping spree.
    What would you guys do?
    Last edited by sunkissedbeachbunni; 10-17-2005 at 10:47 AM. Reason: mistake in typing

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    God/dess VenusGoddess's Avatar
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    Default Re: If you won the powerball...

    You would do all of this on 300,000? Or did you mean 300 Million?

    I would buy a home here, one in Oregon and one in the Keys. I would also purchase a get-away home in Italy and Spain. Then, I would stash most of the other money away and let it build interest for a year without touching it. After that, I would just spend the amount of money earned on interest per year so I wouldn't touch the principle.

    I would also donate lots of money...and take my daughter around the world to really show her what's out there. I'm a jet-setter by heart.

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    Senior Member janx34's Avatar
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    Default Re: If you won the powerball...

    O wow. This is giving me flashbacks from when I was a kid and my sister and I would go through the Sears catelog picking out what we would buy if we really did win the Publishers Clearing House Sweepstakes....... Ha ha haha it was so sad when we didn't win Esp. after all the envelopes they sent us said we basically already had won......aahhhhhhh.....childhood innocents

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    Banned Melonie's Avatar
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    Default Re: If you won the powerball...

    It was 290 mil for last saturday's drawing ... I bought a couple of losing tickets in New Mexico last friday on the way to the airport.

    As with all major lottery payouts, the 290mil is not paid all at once but in something like 20 annual payments totaling 290 mil without interest --> or 14.5mil per year. Then federal and state taxes set in, taking about 1/2 of tht 14.5mil per year. One could certainly live VERY WELL on 7-8 mil of after-tax income ... but it still falls far short of a private jet/yacht lifestyle.

  5. #5
    madmaxine
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    Default Re: If you won the powerball...

    I would do everything the OP would do, plus buy my own town, be like the hick town overlord in "Roadhouse"...LOL.....just kidding.

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    Veteran Member HoneyHITZ's Avatar
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    Default Re: If you won the powerball...

    i would buy a house and have a baby first of all, lol...

    second of all, i would buy my parents and my in laws a house, and my grandparents...

    hmm i dunno what else i would do, i dont think i need that much money, lol.. i would probably just save it so that my kids and grandkids could have nice little inheritances...

    and i'd buy lots of cats and dogs, lol, and i'd go to hawaii and france definitely, and see what happenes after that, lol

    edit:
    omg i totally forgot about the plastic surgery-- boob job, fix my eyes (ugh first thing i'd do, definitely) and lipo for where my home gym cant fix
    Last edited by HoneyHITZ; 10-17-2005 at 11:39 AM. Reason: forgot some!


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    Featured Member Lola Lee's Avatar
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    Default Re: If you won the powerball...

    First thing I would do is get a good attorney. Think about all the schmucks out there that will be trying to get a piece of the pie.

    Then I'd go have a hella weekend in Vegas!

    We'd buy alot of land out East, build our dream home with a sub-terranean arsenal bunker. Also setup an animal refuge on the property for dogs and cats.

    Give portion of winnings to nuclear family.

    Buy a 68' Cherry Red Vette for myself and a 67' Black with White Stripe Chevelle for the hubby.

    Donate large amounts to charity, particularly March of Dimes, my choice charity.

    Get my cats cloned.

    Buy a fishing boat.

    Setup education fund for our daughter.

    Donate to my Alumni Association.

    Hmm, can you tell I've spent time thinking about this...




    "Go Confidently in the Direction of Your Dreams...Live the Life You Have Imagined" -- Henry David Thoreau

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    God/dess Mr Hyde's Avatar
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    Default Re: If you won the powerball...

    I would throw a huge party and invite everyone that I know. Stripperwebbers would be on the invite list. I'm talking blowout...full weekend long party in the bahamas or somewhere, all the fabulous food you could eat, top shelf liquor, dancing girls, guns, fire trucks, squads of midgets...I might blow the whole 300 mil in one weekend.

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    God/dess doc-catfish's Avatar
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    Default Re: If you won the powerball...

    Quote Originally Posted by VenusGoddess
    You would do all of this on 300,000? Or did you mean 300 Million?
    I think she means the latter number but with respect to the upcoming drawing could very well mean both.

    from Powerball.com:
    The Powerball Jackpot is moving past its previous record jackpot ($315 million). That means that a new prize pool is being created. It is time to Share the Winnings. For the rest of this run, the jackpot will be increased by no more than $25 million per draw. Any money over that amount will go to the new BONUS prize pool and it will build until there is a jackpot winner. This is almost like two jackpot pools - except that this pool gets paid to everyone who matches five white ball numbers.

    So you could conceivably become a millionaire without hitting the Powerball.

    If the winner decides to take the cash lump sum (and you always should take the lump sum over the annuity) its only a "measley" $164.4 million. Factor taking 41.5% out for state and federal taxes, that would leave me with about $96 million left.

    Even there, the amount is too blithedly obscene to fathom what I would do, but $95.5 would go into a safe interest accruing account until I figure out what. I can always celebrate and spoil my relatives with the other half mil.

    I would also lay low for as long as humanly possible. I prefer as little fame as possible with my fortune. This means any charity donations would be anonymous.

    Just some helpful notes in case you become the lucky winner.
    http://www.note.com/note/pp/jackpot.html
    http://www.rotten.com/library/culture/lottery-winners/
    Former SCJ now in rehab.

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    God/dess Rhiannon's Avatar
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    Default Re: If you won the powerball...

    Dayum.. Nice, Mr Hyde. LOL

    I'd put a whole bunch away for my kids so when they got older, they wouldn't have to worry about money.

    I'd buy a house. A real nice one. Furnish it with all new stuff, of course.

    Maybe I'd buy a couple of new cars (Our '96 Ford Taurus isn't going to run forever)

    I'd give my In-Laws A LOT of money. They've helped us BIG TIME throughout the years. I'd make sure they could retire and be very very comfortable for the rest of their lives.

    The rest I'd put away. I like Venus' idea of just living off the interest and leaving the principle alone. That'd work for me too.

  11. #11
    242_fair
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    Default Re: If you won the powerball...

    The first thing I would do is give back all the money my father ever gave me for schoool.

    Then I would go to McDonalds and give the girl who works the drivethru late at night like $25K and tell her to get an edu-ma-cation. She is such a nice girl and I drive thru every night afterwork, she works so hard and she deserves more than that crap.

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    Default Re: If you won the powerball...

    I'm with doc. I would lay low for a while, but after paying my mom, dad, sister, brothers bills off and giving them each a mil. Do the same for my wifes family. Then I would buy a bus like John Maddens and hit the road for about 6mons to a year. After all the hype was over I would invest and give to charities. I would also make one hell of a sc tour and share with the wonderful ladies of SW!
    "The ultimate measure of a man is not where he stands in moments of comfort, but where he stands at times of challenge and controversy."

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    Senior Member FL Dancer's Avatar
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    Default Re: If you won the powerball...

    I would keep 10% for my family and donate the rest to various groups and causes.

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    Featured Member hannah83's Avatar
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    Default Re: If you won the powerball...

    First i would pay off all of my debt, and all of my boyfriend's debt. Then i would give my grandparent's every single cent of what they have given me in the past. They helped me out so much and i want them to know that i appreciated it. They would definately live comfortable for the rest of their life.

    Then i would pay off the mortgage on this house, buy land and build more houses.

    i'd have to go shopping

    Pay for my little sisters college tuition and make sure that she never has to worry about anything while in school.(ex: prom, homecoming...that sort of thing)

    buy a new car!! I have a '97 sunfire and that baby is slowly dying.

    I might travel, go to Hawaii with my boyfriend and maybe Vegas.

    then i would put the rest away. And i like the idea about living off the interest. I would do the same thing.

    ::sigh:: it'll never happen...but i'll keep dreaming
    There's a wild side behind every innocent face.

    End violence against women.
    I support Dottie.


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    God/dess Emily's Avatar
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    Default Re: If you won the powerball...

    damnit, I wasn't going to buy tickets but now I'm going to!!

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    God/dess PleasureVictim's Avatar
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    Default Re: If you won the powerball...

    I'd donate donate donate- I want to rival Bill and Melinda Gates' foundation. I'd give to numerous charities stateside and also focus on sending money to build hospitals and educate others esp in Africa and other countries.

    For myself? Estates in Vegas and West Palm Beach, maybe a penthouse in nyc-

    Ferrari F430, Bentley GT, M.Benz CL65 and a BMW M5 when I don't want to be too showy lol.

    Personal trainer, fashion consultant, shopping sprees at Chanel, Roberto Cavalli, etc.

    Private jet maybe? Nah just rent one for where I need to go.

    Whew maybe I should start playing the lotto lol.

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    God/dess blondhottie's Avatar
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    Default Re: If you won the powerball...

    What I would do...

    -Go to Italy (I've never been outside of the USA and I LOVE Italian food)

    -Go on a weekend trip to Vegas, hit a bunch of SC's, get drunk as hell and just have a great time

    -Go on a romantic getaway with my boyfriend

    -Take my family out to an expensive restaurant

    -Share some of the money with my family and friends

    -Buy myself a nice house and car

    -Invest

    -Donate to charity

    -Pay for my brothers' college educations

    -Go on a shopping spree and buy lots of fabulous new clothes, makeup, jewelry, etc.

    -I would still dance on occasion because I love it, but I would definitely not work very often. Maybe 2 or 3 days a month.

    -The rest of the time when I'm not working, I would stay home a lot of the time and just enjoy being lazy, playing video and computer games and watching movies and TV.

    Damn, it would be fun to win the lottery.

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    Veteran Member Santos's Avatar
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    Default Re: If you won the powerball...

    Quote Originally Posted by Melonie
    As with all major lottery payouts, the 290mil is not paid all at once but in something like 20 annual payments totaling 290 mil without interest --> or 14.5mil per year. Then federal and state taxes set in, taking about 1/2 of tht 14.5mil per year. One could certainly live VERY WELL on 7-8 mil of after-tax income ... but it still falls far short of a private jet/yacht lifestyle.
    You can take a lump sum payment, but it's a little less than ½ the annuity amount (the annuity amount is 340 million right now and the lump sum payout is 164 million).



    In my state, there are no state taxes on lottery winnings--including Powerball.

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    Veteran Member Santos's Avatar
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    Default Re: If you won the powerball...

    But to answer the question: I would spend at least a few nights buying a whole lot of lapdances for myself and friends

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    God/dess kitana's Avatar
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    Default Re: If you won the powerball...

    Hmmm......I have thought about this time and time again, lol.


    I would pay off all my bills and put 1 mil in each of three accounts for my kids, on the stipulation that they had to graduate college to be able to get it.


    Then I would buy tons of land in BFE nowhere, then have a golf course built on it. Then I would charge people insane amounts to buy a 1/2 acre parcel to build a house on. I would then buy a new "Sunday-go-to-meeting" car, and probably drive my POS truck everywhere else, lol.

    I would also have my house on my OWN golf course (lol that's great!), then I would buy silly stuff that I really don't need like Fendi purses, Prada shoes, etc.....

    After all that, I would take out all my girls at work I like and we would go to a big time ball game, then shopping, then changing and on to dinner and dancing all night.

    I would create a charity for those who have had to or dealing with kidney cancer. It would be in my Mother's name to remember her and her good life and heart.

    I would also pay off my Dad's bills and buy a new house for my ex-husband (not just for him though, it would be in our daughter's name, not his, lol.) So he could get out of the crappy place he lives in now.

    I would take everyone that is a member of the temple I go to for a trip to the holy land. While overseas, I would also visit Egypt, Greece, Italy, etc.... As well as Scotland so my husband could see his family's castle.

    After that I would probably still work at least one day a week, just for the off chance that if someone pissed me off I could go tell them to shove it! That would also include mnmgt and the owner, lol!

    Then onto the really superficial and crazy stuff, lol!

    I would pay Andy roddick to give my mother-in-law a tennis lesson, and I would pay Tiger Woods to give my hubby golf lessons, and VJ Singh to give me golf lessons. I would have KISS play at my 30th birthday party, as well as having Robin Williams do a stand up show for the event. (MY 30th would make those Sweet 16's on that show look bad, lol.) I would also have Martha Stewart cater and decorate for the bash, lol.

    I would totally be Nuvo riche for all of 15 mins, lol then I would be back to normal, with the exception of a new car and house and MY OWN GOLF COURSE!!!!

    And yes I would still shop at Wal-Mat at 3am in my pj's!!!
    [SIGPIC][/SIGPIC]
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    Featured Member hannah83's Avatar
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    Default Re: If you won the powerball...

    well damn. Michigan doesn't have powerball. That's disappointing.
    There's a wild side behind every innocent face.

    End violence against women.
    I support Dottie.


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    God/dess doc-catfish's Avatar
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    Default Re: If you won the powerball...

    Quote Originally Posted by hannah83
    well damn. Michigan doesn't have powerball. That's disappointing.
    I'll bet the first convienence store across the Indiana state line does. Those places near non-Powerball state borders usually rake it in when the jackpot gets this high. Might be too long a drive though just for a lottery ticket.
    Former SCJ now in rehab.

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    Veteran Member azdd's Avatar
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    Re: If you won the powerball...

    Well, now it's $340 million. Whoever said they would get a lawyer first is right on target. I was impressed by the last big winner (I think he was in Idaho), that tried to stay anonymous (he failed), but at least put together a management team of lawyers, financial advisors, investment gurus, etc. to set everything up before he actually cashed in. Since so many big lottery winners end up blowing everything within a few years, he seemed like one that was really doing it right.

    It is equally as difficult to figure out how one would spend hundreds of millions of dollars as it is to fully comprehend the staggering odds against winning! Good luck everyone!

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    God/dess Paris's Avatar
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    Default Re: If you won the powerball...

    I would build my survialist compound in middle-of-no-where America. Then I would invite a bunch of conspiracy theorists to join me there for good times. Alex Jones is at the top of my list, as well as Micheal Moore.


    Promote yourself and earn more money! This is a business that is owned by strippers for strippers. Let's make that money!


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    Veteran Member leebay88's Avatar
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    Default Re: If you won the powerball...

    Quote Originally Posted by hannah83
    well damn. Michigan doesn't have powerball. That's disappointing.
    Don't worry you'll get your fair share. MI is my first stop

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