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Marc2b -> RE: Mandatory Powerball Thread... (8/9/2013 8:49:46 AM)
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I play the powerball, one ticket each drawing regardless of the amount. Yeah, I know the odds but like the old saying goes... "you never know."
If I actually won I would not reveal myself to the public right away. I would take my time to get all of my ducks in a row. I would tell only a few, most trusted, family members first and then I would get a lawyer and a financial planner (I don't need an accountant because I already have two in my family)... I will not be one of those people who spends through it all only to end up back where I was.
After setting aside a nice chunk for myself (new home, car, wardrobe, some safe investments, etc) I will spread the wealth around some. Family first, then friends, then a few charities I deem worthy. By the way, when they have the press conference they make you have (New York, I believe is one of those "must reveal yourself" states), I will make it clear that hassling me for a donation is the surest way not to get a donation. I also have a few ideas for some community projects. My town was a major stop in the Underground Railroad (there are several old houses with secret passages/hiding places) but, aside from a few historical markers, you wouldn't know it. There is one old house in particular that sits alone, abandoned and perpetually for sale. I would buy it, fix it up, and turn it into an Underground Railroad Museum and Research Center. I also would start up a restaurant dedicated to serving food produced only in our county.
I've have this idea in my head that, if I ever won one of the really big jackpots, I would give $1000.00 to everyone in my town (about 50,000 people or $50,000,000) but it has to be a really big win... not taking up more than half of my take (that is, how much I'd have after the lump sum payment and taxes). That should make me popular around town.
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