Would a $590m Lotto Win Be Enough for You?

Discussion in 'Off-Topic Discussion' started by ScrummyAdam, May 21, 2013.

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  1. ScrummyAdam

    ScrummyAdam Member

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    May 15, 2013
    I can't believe the PowerBall lotto jackpot in the US has got to $590 and won by a single winner.

    I think If put everything I wanted on a piece of paper, I would still have hundreds of millions left over.

    What would you do with this kind of lotto win? Looks like it is possible here - moreaboutwinninglottery.com
     
    Last edited: Jul 5, 2013
  2. Kattenvriendin

    Kattenvriendin Member

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    Where do they get the money for these things? And why are there still people suffering from hunger at the same time? Only talking US here, not world.

    I can do nothing but shake my head at the overdrawn ridiculousness of it.
     
  3. ~Adam~

    ~Adam~ Member

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    I remember hearing a statistic that 10% of wages earned by people on minimum wage in the states goes on lottery tickets.
    That's an average so there are people spending almost all of their barely liveable money on trying to win a dream.

    If I won that kinda money I'd just add it to the pile or buy Greece.
     
    Last edited: May 21, 2013
  4. Kattenvriendin

    Kattenvriendin Member

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    ROFL!! Buy Greece hehe

    Amazing.. I buy a lottery ticket at new years (half a ticket even), and EVERY now and then a scratch ticket. Once in a blue moon.

    Those people are better off couponing if you ask me, and then keep the income in your pocket, another way to get rich.. Couponing is another thing that can't be done here. Not like that what I see on those shows anyway. :)


    What would I do.. get me a new cubing cabinet.. oh I would buy a house and pay it off, to put that cabinet in lol.. a regular farm house, nothing huge, I have to keep it clean too! Have it fenced off so my cats can play outside without the risk of being run over. :)

    Give at least half to charity because I would never need THAT much money anyways.
     
  5. mark49152

    mark49152 Premium Member

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    Fund businesses, create jobs, drive innovation, etc. Or get involved in charities. Having lots of money brings an opportunity to change the world for the better in some small way, not just buy loads of stuff!
     
  6. applemobile

    applemobile Member

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    Jan 8, 2012
    exeter uk
    FYI you get taxed and stung to hell in the US. To take that 590million as a lump sum you really would only walk away with aroun $200million. The jackpot the advertise is nowhere near what anyone actually receives.
     
  7. SenileGenXer

    SenileGenXer Member

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    Virginia, USA
    Mark 49152, great point that there is so much more than personal things. However getting involved in business ventures without business experience is usually the biggest component of how lottery winners lose it all. Lose it all fast.
     
  8. mark49152

    mark49152 Premium Member

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    I was simply answering the question in the OP. Your comment applies to non lottery winners as well, of course. We're free to spend our own money on our own mistakes! :)
     
  9. Wassili

    Wassili Member

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    Buy all the cubes I ever wanted... but I would still have 590M left :p
     
  10. applemobile

    applemobile Member

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    Jan 8, 2012
    exeter uk
  11. Mikel

    Mikel Premium Member

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    Yes it would be more than enough. I would just put most of the money into the cubing community somehow. For example I could sponsor world's with $1 million prize money per event and such. Hopefully more people would get interested in the sport.
     
  12. Wassili

    Wassili Member

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  13. JasonK

    JasonK Premium Member

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    So much this.
     
  14. Noahaha

    Noahaha blindmod

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    I'd go to a competition every weekend and bring my friends to meet the awesome cubers from other countries.
     
  15. kunparekh18

    kunparekh18 Member

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    It would be enough

    I would satisfy all my "wordly needs" and give the rest to charity maybe
     
  16. ScrummyAdam

    ScrummyAdam Member

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    May 15, 2013
    Oh wow that is crazy.
     
  17. uniacto

    uniacto Member

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    Lol "only".

    I'd be totally happy with 200 million. If you take it a little bit at a time, won't you get taxed a bit less?
     
  18. Lchu613

    Lchu613 Member

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    Ashburn, Virginia, USA
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    Yeah, that's the version where you basically get a steady trickle of cash
    Say, a million a year for 400 years?
     
  19. AlexByard

    AlexByard Member

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    Jul 12, 2012
    UK, Goole
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    Nope, the speedboat I have in mind is $591m... This is just petty chump change.
     
  20. YddEd

    YddEd Member

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    Sydney Australia
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    I'll give you $999,999 more ;)
     

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