If I were Filthy Rich
Popular posts+41 If I won, I’d open my dream business
So, horses are a pretty expensive luxury that I’d want to make more accessible to people. Horses are generally kept in little 12x12ft-15x15ft stalls with limited time outside to socialize, move, and play. It’s like keeping a dog in a crate most of their life and only taking them out for short wal...
+25 Radio Station
I think I might buy a radio station and just play all my favorite songs. No ads, no annoying DJs, nothing but the best music playing all day and all night.
+50 What are your "levels" of lottery win?
Daydreaming, and I thought of the varying amounts of money and what each level of significant win would provide me. Before taxes, any win that isn't atleast 50k, amounts to a portion of debt paid, maybe some new clothes, a couple nice dinners, and maybe a few days in a big city. But 50k, be...
+16 Pros and Cons of owning a lake or pond?
If I win, I think it would be nice to have my private lake, but I don't actually know anything about it. Would it be a good idea or more trouble than it's worth?
+23 Cash for Life
Anyone considering the annuity option for Cash for Life games? It’s either $365,000/yr or $3.5mil after taxes where I live. I’m worried about the AI bubble in the market so was considering annuity might be a better option.
+61 How do you deal with the public when you just won the lottery?
In Ontario, there a person who just won the Blue Jays foundation 50/50 raffle prize. Worth about $25 million dollars in total winning. Like imagine being him right now, where you get a phone called that you won the $25 million dollar raffle. How do you handle all the sudden news. Unfortunately...
+115 How many houses would you buy if you won $300 million after tax?
I think I would get two houses. I would like to be able to spend summer all year long in each location. What I mean by that is staying in one location for the summertime and then when it becomes winter there go to my other house and spend summer there and alternating back and forth. I wouldn'...
+39 What professionals can you trust?
So we all know tell nobody, BUT some professionals will know. A financial advisor would be smart, you need a lawyer to draft/update your will… how do you make sure you don’t get ripped off or the target of some crime?
+32 How would you choose financial advisors?
Does anyone have a list of companies? I do know that JP Morgan is the biggest one, but paying a 1-2% fee on AUM is outrageous.
+26 (How/what) do you tell your kids?
Probably like many others here, it's a pastime of mine to daydream about the minutia and details associated with winning, and not just the vision of the awesome things I'd do with an eight- or nine-figure influx of cash. With that in mind, I've been wondering what, how and when I sho...
+18 A Hypothetical with Siblings
Of course I’ve seen the many “screw em” type responses to most family related questions on this sub, but I still have a thought… After winning MM, which is clearly enough right now to give your whole family generational wealth, how would you handle siblings who are very different? One has a fa...
+42 Just leave it all behind?
One of my daydreams about what I would do if I win the big prize is to just buy a new house wherever I decide i want to live and just abandon my current home. Leave it as is. I would take pictures and anything else of sentimental value but the dishes, furniture, washer and dryer I wouldn't ...
+88 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...
+300 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 ...
+179 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 ...
+62 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?
+26 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 ...
+160 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....
+54 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...
+95 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...
+73 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 ...
+186 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...
+49 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...