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Old 03-26-2011, 04:50 AM   #1
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$312,000,000 lotto winner from NY

Seems as if the $312,000,000 dollar Mega Millions lotto was won by 1 NY winner.

Congrats to him/her.

What would you do with 312 million? Personally I wouldn't have a clue what to do.
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Old 03-26-2011, 04:52 AM   #2
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Wow, that's a sick chunk of change.

I'm not sure what I would do with that amount of money either. Most likely, you wouldn't see me posting here as often.
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Old 03-26-2011, 04:53 AM   #3
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$90M after state and fed taxes.... I'll take them :D
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Old 03-26-2011, 04:56 AM   #4
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wow, what a win, congrats to winner
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Old 03-26-2011, 05:14 AM   #5
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hmm i guess i should check my ticket
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Old 03-26-2011, 05:22 AM   #6
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Seems as if the $312,000,000 dollar Mega Millions lotto was won by 1 NY winner.

Congrats to him/her.

What would you do with 312 million? Personally I wouldn't have a clue what to do.
I would 1/2 to obama
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Old 03-26-2011, 05:47 AM   #7
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So half to Obama, that gives you $150 million left. Sound good to me.
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Old 03-26-2011, 05:48 AM   #8
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RETIRED PEDOPHILE PRIEST IN UPSTATE NEW YORK WINS MEGAMILLIONS JACKPOT! LITTLE BOYS' ANUSES INCONSOLABLE!

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Old 03-26-2011, 05:52 AM   #9
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Are you a winner?
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Old 03-26-2011, 06:04 AM   #10
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Invest 1/2 of it at a secure rate and take care of every family Member (paying off their Mortgage or put their kids to college....)

Donate a shit load of it to charities ( red cross, cancer etc... )
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Old 03-26-2011, 06:07 AM   #11
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There would be a lot of hookers driving new cars if I won.


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Old 03-26-2011, 06:31 AM   #12
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I would never never ever donate money to the Red Cross - blatant illuminati agents.
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Old 03-26-2011, 07:28 AM   #13
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I would never never ever donate money to the Red Cross.
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Old 03-26-2011, 07:40 AM   #14
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Old 03-26-2011, 07:42 AM   #15
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serious money ... someone hit jackpot in our national lotery few weeks ago but the lotery dont have money to pay it, lol ...
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Old 03-26-2011, 07:51 AM   #16
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that's some good news to get up in the morning to. Hopefully he'll use it wisely
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Old 03-26-2011, 08:41 AM   #17
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Probably spend it on a down payment for a new boat
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Old 03-26-2011, 08:48 AM   #18
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Yea, Albany NY. Thats about 4 hours outside of Manhattan. It is the Capital of the state though.
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Old 03-26-2011, 08:51 AM   #19
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I would move
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Old 03-26-2011, 08:57 AM   #20
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Go to Vegas, and bet it all on red in one go.
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Old 03-26-2011, 09:09 AM   #21
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Speaking of lotto results. Anyone with and Android phone, give this free app a try and let me know what you think.
https://market.android.com/details?i...attles.uslotto
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Old 03-26-2011, 09:10 AM   #22
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Millions of dollars will be spent to pleasure your every little desire.
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Old 03-26-2011, 09:28 AM   #23
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i'd put 20mill at 5% investment which would make a mill every year forever just in case, and have fun with rest
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Old 03-26-2011, 09:33 AM   #24
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wow crazy money, I wouldn't have a clue what to spend that much money on. Invest some would be wise I guess lol.
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Old 03-26-2011, 09:39 AM   #25
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That is too much for one person,damn
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Old 03-26-2011, 10:10 AM   #26
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Old 03-26-2011, 10:20 AM   #27
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if i win the $312M, i will purchase all gfy members site, all of em.
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Old 03-26-2011, 10:34 AM   #28
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Juicy for the Win!
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Old 03-26-2011, 10:52 AM   #29
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I would build a Wind Farm ... so i could continue bringing in millions of dollars a year !
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Old 03-26-2011, 12:18 PM   #30
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i would invest 30% for future returns .,
donate 50%
buy yacht and go on vacation for ever.
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Old 03-26-2011, 12:42 PM   #31
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$90M after state and fed taxes.... I'll take them :D
I hope that is a joke. If not, link to where you read that?

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Probably spend it on a down payment for a new boat
That must be some boat.

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Juicy for the Win!
First person I thought of too. Considering I have not seen him post that he won, I think it is safe to say he must have.

If I won, I would become nothing but a fond memory around here.
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Old 03-26-2011, 01:17 PM   #32
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Yeah, awesome. Bring the monarchy to the US.

It's so cool when authorities use billions of $ from the treasury to distribute it to a few morons here, a few morons there, then proceed to offer a lifetime allowance to their descendants, and call the group a 'royal' family.

Bling bling.

Last edited by xmas13; 03-26-2011 at 01:21 PM..
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Old 03-26-2011, 01:19 PM   #33
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Yeah, awesome. Bring the monarchy to the US.

It's so cool when authorities use billions of $ from the treasury to distribute it to a few morons here, a few morons there, then proceed to offer a lifetime allowance to their descendants, and call the group a 'royal' family.

Bling bling.
Wrong thread?
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Old 03-26-2011, 01:19 PM   #34
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................
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Old 03-26-2011, 01:22 PM   #35
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Wrong thread?
I was going to replace it with a simple link, because obviously people like you were never going to understand the sarcasm.

So here it is (the link, that is):


Last edited by xmas13; 03-26-2011 at 01:25 PM..
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Old 03-26-2011, 01:29 PM   #36
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I'd invest 30 million so I could live off of the interest. Each of my family members would get their houses paid off, and school paid for.

The rest I'd spend on buying or starting businesses, buy a couple of houses, spend a million or three in vegas, and buy some toys
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Old 03-26-2011, 01:31 PM   #37
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I would never never ever donate money to the Red Cross - blatant illuminati agents.
That's fine. You will never, ever have any spare money to donate to anyone because you believe in retarded conspiracy bullshit. It's a sign of your intelligence, or in this case, lack of.
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Old 03-26-2011, 01:33 PM   #38
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They really tax the money that much ??

Isn't UK lotto wins tax free ??
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Old 03-26-2011, 01:44 PM   #39
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Double standards put me on sarcasm mode.

Wealth is good when you've got a chance (even if it's 1 on 100 million), but it's not when it requires a top-notch education (no chance).
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Old 03-26-2011, 01:49 PM   #40
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I won $2, spent $80 #Winning
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Old 03-26-2011, 01:52 PM   #41
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My first post and I'm writing as the economist I am during the day. I run pay sites and do affiliate marketing so I should probably do an intro now.

Anyway, it's the basics of net present value plus taxes when bringing the big number down to what a person could get right now. Bird in the had vs. two in the bush.

For example, Powerball tonight has a jackpot of $125 million. But that's the total amount paid if you take it over 30 years. And because a million thirty years from now is worth considerably less in the hand right now, the cash payout is $63.7 million. Less taxes it'd be $35-40 million net depending on the rapaciousness of your state. So figure roughly a third of the total to get cash in hand. Making the $90 net estimate from the $312 pretty accurate because NY has high taxes.

And the first thing I'd do would be to set up a blind trust to claim the prize so I don't have every asshole around at my door telling me how they deserve some because I have so much and can afford to give some to them.
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Old 03-26-2011, 01:56 PM   #42
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Goldman Sachs CEO is a rich asshole and you could be a rich Mother Teresa, right?
Mike Tyson is an idiot for losing his millions and you could have never lost millions, right?
Your boss is a moron and you could do a better job, right?
The US President Barack Obama is a moron and you could do a better job for half the price, right?

Joe is a great man oppressed by Harvard mediocrities.

A college degree means nothing, right? (heard many times on this board)
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Old 03-26-2011, 02:03 PM   #43
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Right, because conspiracies NEVER happen ::rolls eyes::
Of course conspiracies happen. There's a huge difference between the existance of conspiracies, and actually believing that an ultra-secret, exclusive group of people called The Illuminati, a group that's actually been dead centuries, rules the entire World. Not only do they rule the World, they do things like organize and carry out the events of 9-11, but not before placing hints for Internet investigators to later find all through pop culture.

See the difference? If you can't, you can join Pornretard69 in his club of losers. It's a whole lot less exclusive and membership is growing daily!
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Old 03-26-2011, 02:04 PM   #44
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Sorry, this lottery thing really got me going.

I'm out of here.
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Old 03-26-2011, 03:30 PM   #45
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Of course conspiracies happen. There's a huge difference between the existance of conspiracies, and actually believing that an ultra-secret, exclusive group of people called The Illuminati, a group that's actually been dead centuries, rules the entire World. Not only do they rule the World, they do things like organize and carry out the events of 9-11, but not before placing hints for Internet investigators to later find all through pop culture.

See the difference? If you can't, you can join Pornretard69 in his club of losers. It's a whole lot less exclusive and membership is growing daily!
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Old 03-26-2011, 03:34 PM   #46
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i won it.. who wants $1mil? first reply gets it
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Old 03-26-2011, 06:06 PM   #47
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i won it.. who wants $1mil? first reply gets it
haha....
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Old 03-26-2011, 06:42 PM   #48
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$90M after state and fed taxes.... I'll take them :D
Wah? Really? State and Federal taxes take 60+ percent of the winnings? How is that possible?

Having said that, I would still be happy with the 90mil
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Old 03-26-2011, 07:02 PM   #49
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...Making the $90 net estimate from the $312 pretty accurate because NY has high taxes.

And the first thing I'd do would be to set up a blind trust to claim the prize so I don't have every asshole around at my door telling me how they deserve some because I have so much and can afford to give some to them.
It was $190 mil if you took the cash. In California at least, there's no state tax on lotto winnings, but I see in NY it's 6.85%, plus they automatically take out 25% federal. If the winner is taking the lump sum, they're walking away, after taxes, with $130 million.

I agree with the blind trust. So many people not only have their name published, but also do media interviews. That's just stupid. They'll be getting solicitations for that money for the rest of their lives lol.
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Old 03-26-2011, 07:20 PM   #50
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pretty sweet deal for the gov. i pay enough in taxes, fuck giving them more money.
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