If I were Filthy Rich
Popular posts+75 You are days away from collecting $500 million in the Powerball Lottery. You live in a small 1200 square foot rambler in a small town with all your extended family nearby (What now!)
You just won 500 Million Dollars in the Powerball Lottery! (After taxes, lump sum) BUT, everything you know is connected to the small town of 3000 residents in the middle of Nebraska. You have lived there your entire life. You have a very close extended family of nearly 50 people who live near...
+155 If you just won $5m after tax, what will you plan out your life?
No mega winning, just $5m which is too poor to be rich figure. Mathematically you can only withdraw $200k a year (4% rule). What will you do with the winning money? Will you quit your job? Will you buy an expensive a million $ home? Slow travel the world ? It seems everyone is envisioning ...
+174 What’s the very first trip you would take if you won?
Let’s say you take home $100 million after taxes. Mine would be a trip to Epic Universe in Orlando. I’ve wanted to go since they opened, so I would do a longer trip with multiple park days and express passes. Probably throw in some time at Disney just because? But it feels like a nice way to eas...
+11 Would I still get the $8 if I won the jackpot?
I bought 3 quickpicks for the PB lottery tonight, and all three have the same powerball number. If I win the jackpot, it would mean I hit the powerball number on all three lines, the two non-jackpot lines being at least $4 each. Will they still pay me my $4 for each of those other two lines as ...
+60 Does anyone make a plan for almost winning?
I know lots of people that play have an idea for what they would do with a jackpot win, but what about just matching 5 numbers and not the powerball? What would be your plan for winning $1m?
+25 CAD$1k a week Tax free for Life or CAD$1M tax free lump sum?
Recent 20-year-old Canadian winner in a news article caught my eye - so thought I would throw it open to the group what everyone would do as its not MM or PB figures. My guess is age vs. stage might come into it.
+15 Staying anonymous
I don’t buy my tickets infrequently enough to justify trying to hide my identity. Additionally I only play when the lump sum estimate exceeds 200 million dollars. A question or potential issue I have not found a solution to is my local lottery place selling video of my purchase to the news if I ...
+155 Now is the real mega millions test
They increased the price on mega millions so that they could get to higher prices and quicker, but so far it’s been rising pretty slowly. The Highest mm has ever gotten was on April 21-August 8 2023: a total of 32 rollovers. On July 14 2023, after 25 draws, the jackpot was sitting at 560 million....
+53 What if you didn’t play, but your numbers hit?
For those of you who play the same numbers when you play or have a favorite set of numbers or whatever, how do you think you would react if you didn’t play one day and your numbers hit for the powerball jackpot? I feel like it would be akin to losing a bitcoin wallet or something. I think id los...
+89 My Detailed Plan if I won the lottery
As stated, this is a (mostly) detailed plan of what I would do if I won a truly massive jackpot in the lottery. This is assuming a post-tax win of $500m for this scenario, and the plan can adjust up or down based on the size of the jackpot. I borrowed this formatting style from u/yoloyodo22 so t...
+68 2nd place
Over the last week people have been fantizing about becoming a billionaire but I noticed that a lot of people won the 2nd tier powerball award that is 1million. That got me thinking, what would I do to maximize my winnings if I won 2nd place. Is is possible to grow a million dollar winning into ...
+180 When I win the Powerball lottery, I seriously doubt the annuity will be paid for the rest of my life
Have you read the article about the bankruptcy of the Publishers Clearing House? They WERE paying their winners $5000 a month for life until earlier this year, then the checks stopped. These winners were dumbfounded because their budget included a $5000 monthly payment from a form of annuity, an...
+43 Playing every draw
So theoretically if you buy a ticket every draw, even when the jackpot is at $20 million, wouldn't it be strategically better to wait until it's high (say $600 million or something) and then buy as many lines as drawings have passed since your last purchase? Then effectively it's like...
+18 Would it be wise to put it into an annuity?
If I won the lottery, would it be wise to put it into an annuity? Such as with Knights of Columbus, or some other outfit?
+69 How I would upgrade my life with a lottery winning
If I had $10M, this is how I would spend. Actually this doesn't even take $10M, it would be fine even with $3M as principle creating passive interest. Health and wellness: Personal trainer three times a week. Yes I can work out on my own but I find better results and less mental bandwidth ...
+13 Manifesting/What would y'all do?
So I've been thinking through everything I would do if I (really, my wife and I) won the lottery. We've already decided we'd take the annuity payments, which would start at about $9,778,093 after taxes. This honestly is a mind-boggling number, absolutely insane. So, I'm going to l...
+63 What’s your first splurge?
The day the money pops into your account, and after you’ve done all the regular responsible stuff like paying off debt, getting a lawyer, etc. What are you doing? For me, I’m getting a penthouse suite in Miami and getting hot! I’ll have appointments to get my teeth done, my hair done, my eyes do...
+24 Checking cameras for ticket purchase
People have mentioned before that the lottery commission checks the video from where the ticket was purchased for security. Do they really do that? In the US? If so, WHY, considering it's not the purchaser's win? Doesn't it belong to whoever signs the back?
+45 Jackpot winning in USA
Hi there, I’m curious on how long it takes to receive the money after coming forward? Second question, which is the best way to receive the money? Third question, how would I communicate to the bank of that size of a deposit? Thanks in advance for replying.
+76 $21M+ per year, for 30 years
That’s the takeaway after taxes if you choose the annuity for the $1.1B lottery. If you take the lump sum, you’d get something in the $200M range after taxes. If I just had $20M one time I’d be set for life, but every year…I don’t even know what I’d do. A lot of philanthropy for sure. I don’t wa...
+27 Do I have to get all the things people say?
So idk much about lotteries I’m in my 20’s and have questions hopefully yall can help. Does the winner have to hire a team? Like absolutely have to? For example a lawyer? A trust? A financial advisor? (Idk what else people usually get?)Can someone just go claim their money and get it deposited in...
+44 What to do if you won the jackpot in a state that requires your identity to be revealed.
I will use myself as an example. I live in the state of California and my state does not allow your identity to be anonymous. What is the best advice you can give to stay low? Am I really required to show my face and do interviews? What would the process be like when I walk to the Lottery office ...
+82 Keep your job: yes or no.
Why or why not? Tell us more. I'm retired now, but when I was working I used to daydream about winning the lottery. I'd rent an airplane to fly over the buildings at lunchtime when everyone is out and about. The plane would be trailing a sign that says "take this job and shove ...
+104 My biggest fear is finding the wrong lawyer and getting conned.
I’m an avid options trader and used to work as an analyst in finance. No fear is money management or dealing with financial advisors. My fear is finding a trusted lawyer who isn’t gonna fuck anything up or rob me blind. How would you guys be finding a lawyer. Surely not from ads on Google.
+24 Do you track your wins/losses?
Just wondering if any of my fellow dream chasers track their wins and losses? I did long time ago, for maybe 2 years and if memory serves I was about 4-5 grand in the red each year. Decided to track again this year and am at -$2546 as of the end of August. I guess I’m doing this to help mys...