If I were Filthy Rich
By YaHuerYe+49 I don't want to win hundreds of millions....
I'd prefer to win a max of 10-15million (in the UK we don't have taxes to pay so it's a tax free cash lump sum)
With this I'd be set for life and be able to live off the interest earned on it (even after tax on the bank interest)
I just don't fancy the idea of sitting on hundreds of millions in the bank, just too much money to be mentally able to deal with.
Say I won 15million, that money i could easily live off interest and not feel overwhelmed with the amount of cash. I just think that having 9 figures of cash would be stressful as you'd always be having to deal with the financials and it would seem like a drag on you and not the freedom we all want. Maybe I'm just mad :D
What about you?
Recent responses
+58 @Ecstatic_Tart_1611 Not everyone can handle stupid, 9 figures wealth. You know yourself, and if low 8 figures is what works for you, I will gladly step in and ease the burden if you win more than you're comfortable with.
+42 @narddawgcornell Cannot relate, I need 100m+ for my plans
+17 @Omio I don’t really see why you wouldn’t want the max - you could still just live off the interest if you had self control.
+16 @MaloneSeven More cash wouldn’t make me more stressful. Sorry you feel this way.
+14 @BillsInATL Not sure what the difference is. Whether you have $15M or $150M, you could still have the same exact money management plan, and still live off the $450k you'd earn as interest off the $15M (assuming 3%). But with $150M, you'd earn $4.5M a year, and could donate $4M to charity and still live off your $450k-500k.
+14 @_that___guy With $100M+ you hire a team of people to worry about things for you.
+11 @bahamapapa817 I do want to win $100 million dollars. If you happen to win that please give me the $90 million and I will gladly let you keep $10 million.