The Ultimate Hypothetical Question??

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• August 1, 2012 at 7:04 PM #10910
  
  SILVERKING16
  

  Member

  Ok, so i am a consistant player of the lottery. Not much, maybe $5 a week.  I know its a long shot but as they say “it only takes a dollar and a dream”. So im sitting here thinking about tonight’s powerball. The jackpot is currently $158 Million…if you take the cash option, after taxes you are looking at about $100M free and clear. The question i pose to this forum is what in the world to do with all that cash?? Considering everyone on this forum including myself thinks that cash, stocks, bonds and all other paper assets are the worst thing to be holding now….what to do?? I mean i would literally buy about 2 million ounces of silver but that would only run me about $55M…what else to do with the other 50M ?? Just buy a ton of real estate???? Obviously you are not going to just sit on that cash and wait for it to become worthless, so what to do??……WHAT WOULD YOU DO IF YOU WON THE LOTTERY TONIGHT??

   

  SK16

  August 1, 2012 at 8:18 PM #10911
  
  AGXIIK
  

  Member

  After receinving the annuitized payout of the lottery which would reduce your total by 50% and taxes on top of that, I would take the funds to a safer country, say Singapore or Hong Kong, buy gold and silver and live life large from that time on .  If your silver and gold stack was $75 million you got nothing to worry about if you have your phyzz in a safe secure location at your home residence in a an offshore country with an intact rule of law. Buy a nice private jet with anything you have left over.  Paint it silver.

  August 2, 2012 at 1:18 AM #10914
  
  SilverDuder
  

  Member

  when you get to that point of what to do, you use it to fund causes that you believe in.

  August 2, 2012 at 10:54 PM #10962
  
  jj83
  

  Member

  Personally, I hate lotteries.  Makes people desperate etc etc… but I guess when there’s a slim chance to win big with a “small” investment/bet, then what the hell…

   

  Do it like this guy:

  http://www.businessinsider.com/a-retiree-from-rural-michigan-tells-us-the-moment-he-figured-out-how-to-beat-the-states-lottery-2012-8

   

  “What did he do with his share?

  “Two of my grand kids graduated debt-free from the University of Michigan,” he said.

  And for his personal satisfaction? He bought gold.

  “I think devaluation of the dollar is a certainty,” he said.

   

   

  ROFL

  August 3, 2012 at 1:25 PM #11013
  
  C6
  

  Member

  One can only eat so much or use so much and the real joy in life is to help make the world a better place starting with one person at a time. I would build orphanages, schools and churches and then fund them so they continue after I am gone.

  August 3, 2012 at 4:51 PM #11030
  
  UglyDog
  

  Member

  Never have purchased a lottery ticket.  Best I can tell winning the lottery is about the worst thing that can happen to you.  So many stories of families breaking up and the lottery winner spending it all and then some and ending up worse off.

  If you win.  Keep it secret and give most of it away anonymously.

  August 6, 2012 at 7:08 PM #11127
  
  RocketsRedGlare
  

  Member

  1st buy a LARGE sail boat that I could SAIL to multable countries all over the world. In each of these countries I would buy a small farm (50 achers or so, with a boat dock) and keep some silver  someplace close in every location. If I felt the need to  get away fast I could.  Millions in silver at todays price! We are talking wealth forever! I wouldn’t forget the criminals that forced me to want to leave my country however and what they have done-oh no.There would be payback!

  August 8, 2012 at 11:09 PM #11232
  
  Xizang
  

  Member

  Watch out for pirates.

  August 15, 2012 at 12:49 PM #11523
  
  TimeForSomeFun
  

  Member

  The truth is, most of us do not have lots of money because having it would ruin us.  Let’s face it.  People who get and hold a lot of money have a different mind set than the rest.  It doesn’t take a whole lot of money to live very comfortably, but money does something to people and they become convinced they need more of it, and everyone is trying to get it from them.  No thanks.  Don’t want any part of that.  During these times, if you are wondering where you are going to get the money to buy that next batch of silver, remember, if it was meant to be, it was meant to be.  If all you ever do is worry about money, silver, and the economy, you’ll forget to live your life.  Does anyone else feel like this last year flew by in a blink of an eye?

  August 17, 2012 at 1:34 PM #11665
  
  buddy_boy8403
  

  Member

  I would celebrate, maybe buy the bar a round, then come home and buy all the JPM stock I can get my hands on. 

  August 17, 2012 at 7:54 PM #11726
  
  SilverHawk
  

  Member

  I’d start buying as much silver as I could for under $9999 per transaction, per company.  Then start thinking up a good story for the UPS and FED EX drivers.

  August 17, 2012 at 7:58 PM #11727
  
  SilverHawk
  

  Member

  Or buy a brand new Ford F-900 Dually Mamma Monster TRUCK, with a camper shell, and hit the USA highways, looking for coin shops.  Or buy a Tesla and just ship the coins home to mama.

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