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675 million dollar Powerball

N

NY 986

Well-known Member
Are you playing and what would you do if you won? That kind of money scares me so I would be happy with a couple million second prize. I wish New York would let a person just keep quiet if they wanted to. Anyways, 675 million or whatever it grows into it's going to take a lot of figuring to know what to do from a responsible standpoint but certainly it can be done. I would at least get my JD 630 I have been wanting along with an Oliver 1550 and MM UB. Super M D.
 
I've thought the same thing about keeping your identity quiet. Winning that kind of money would put a big target on each of my grandchildrens' backs. Think I would get disguised up (probably a Barack external_link mask), and take it under an assumed name. But I don't think I need to worry, darn it.
 
i'd get a new pair of redwing workboots, and maybe get the bedside on my pickup fixed where the wife crashed in to it with the golf cart!!
 
Glenn... If only you knew of a good body shop! LOL

Reminds me of when the Texas lotto first started. I think all they had was some high dollar scratch tickets. A man with a heavy Spanish accent won a million dollars, they were interviewing him, asking what he would do... "Well, I think I can finish closing in the porch so the kids will have more bedrooms."
 
Its hard to think of the logistics that this involves and how things change. I'd rather see the majority go to some good use to help worthy causes that I could be hands on with to insure its done properly. Other than that, taking a reasonable amount from it to be financially secure would be just fine no different than retirement pay or pension. I've just never been impressed with or had any kind of obsession about money and large amounts of it. Many will not handle it well, it's a breeding ground for all kinds of trouble, and they don't make it any easier by putting you on a stage and announcing you as the winner publicly. In as much as its nice to see who won, they are now marked and will be haunted by the thralls of people with their hands out, besides their home being compromised by all of the attention, potential for robbery or worse. Life will change drastically and not all of it will be good. There is a practical side to this, that's a very dangerous amount of money.
 
Buy the family farm back down the road from me. Boot the BTO off it that's been farming it the past 25 years. Then tell him to take me to court if he wants to fight the so-call lease agreement he has. I may let him take his crop off it or may just pay the value of it and tell him to hit the road.
 
Nice.
Redwings are the best.
I remember them interviewing a guy who had just won like 25 million on a lottery and they asked him what the first big purchase he would make.
His reply?
"A tractor with decent brakes."
 
That money would be nice to help out family, friends and charity is all. Other than that, I would not want that kind of money....
 
Nope...Winning that much money would just be a hassle and I think it would have a negative impact on one's life. Am content with life as it is. Also, we pay enough to the ol' government without volunteering to give them more. :(
 
In my opinion lottery tickets are an informal tax on people who are not good at math. I have never bought one yet.
Zach
 
I work too hard for the money. Casino-- do the math on that too. All I have is a dollar and a dream and now I just got a dream -- spent the dollar on a piece of paper.
 
Winning that kind of money is a way to find out where all your long lost relatives have been hiding.
 
http://www.northgermanlottery.com/ Better to play the North German lottery. They split it up into more smaller prizes so you have a better chance.
 
A person has to do something from a responsible standpoint with that much money lol? I know what you mean. You have to have a plan in place for it. I agree a smaller manageable amount would be better. I wouldn't change a lot of things, just do more of what Im doing now. If you keep a level head with the idea that you can buy what you want but you don't HAVE to helps. I think that is where some of the celebrities get into trouble. One wonders how you can have several million dollars and end up going broke. I would rather have the worry that I have too much money rather than having a worry that I have no money. ;)
 

Would seem like 675 people winning 1 million each would be easier for the winning person to have a normal life. Or better yet, 6,750 people each winning $100,000 with a mandatory money management training class before being allowed access of the funds.
 


Buy the rest of the family farm back first thing.

After that I told my wife that I'd have every model that Allis Chalmers ever made and most of International's.

She said that would be OK with her since she wouldn't see them from her indoor swimming pool anyway. :D
 
The odds are astronomically small but they are not zero. I have no problem if a person does not want to buy a ticket and most people suffer disappointment when they win nothing. No 1000 or 100 dollar prize. Nothing. I would never drop a 5, 10,20, 50, or 100 dollar bill on the lottery.
 
just hit 210k on my 2006 wt pickup. wife REALLY wants me to fix it, but its WAAYY more fun telling everybody how she clobbered the truck backing out of the barn with the golf cart. she was driving from the passenger side and stomped on the gas instead of the brake!! caved the whole bedside in . trucks too old to justify a new bedside. golf cart was no worse for wear, it has a rack on the back to carry the sprayer for the fruit trees.
 
Yes. Of course those issues do not exist nowadays but the "house" is still very dedicated to fleecing all your money. My understanding is that for one casino here in NY which I will not name the state police maintains a detachment there for organized crime activity.
 
great idea ,,.these hi dollar lotteries are evil ,.. if that idea were given to the legislature and they took action we would have a better a nd safer world .. write your legislature everyone! .
 
I can't imagine that amount of money being "dangerous" as one poster put it. I also can't see that such a large amount as a prize is necessary. After all, a fraction of that would have MOST people set for life if they managed it properly. However, the odds of winning are ridiculously small. Prizes that big should be split up to give more folks a chance to win.

BUT, take a look at those big fancy casino buildings and the furnishings inside. Those were NOT built or paid for by the winners!!! Same goes for the lottery. Keep in mind that the prize money is only a part of what is taken in. The rest goes to fund government programs.
 
As soon as Atlantic City was ready to legalize gambling way back when there were mob guys involved in getting licenses who were supposed to be banned from the industry. So the politicians knew about this.
 
They should make the prizes smaller and have more winners! If you won five million and got two and one half after taxes wouldn't you be happy?
 
Thanks for contributing to the lotto I already have the winning ticket. Ill buy you all lunch. norm
 
When I win its all going to get invested and never touch the principal. Live and give off the interest. It would be lots of fun to help people who need it!
 
I would agree with those below about wasting a dollar. However I do buy one or two tickets a year when the jackpots get really high like it now is. Don't think I've spent $20 in my lifetime yet.

However, to answer your question, I'd pay off the few bills we have, buy my wife the dodge charger she has always wanted, buy a new pickup, and a pickup camper unit so we could travel a bit before we get too old to do it. Most likely it would be the last pickup I'll have to buy. Finish the house remodels, and help the grandkids with college. Notice I said "help", not "pay for". Then send a few bucks the kids way.

At my age, I'd be a fool to do anything other than take the cash settlement, which means you are down to about 350,000,000, so that takes some of the fun out of it already. But the next thing I would do is buy about a million's worth of silver and gold.

For myself, elk, moose and caribou hunts on this continent and an African big 5 hunt. The rest of the money would be squirreled away for medical bills and such. Might possibly talk myself into a pilots license, but at my age that's a big if.

Ain't never gonna happen, but it's an interesting mental exorcise none-the-less. (chuckle)
 
That would be the big disadvantage of winning that much money. You would have to spend a lot of it on security for your grandkids.
 
I usually don't play but everyone has their price, 1/2 billion is mine. I guess if I won I would probably tune up the old truck and maybe get a couple of new tires :lol: It would be a headache. I would set up my kids to get $xx dollars a year, not enough that they would quit their jobs but enough to make them comfortable for life. The same for me. The rest I would set up a charitable fund that would regenerate the the funds for people that fall through the cracks of normal help...those that [b:8140fffea2]WORK[/b:8140fffea2] and make too much to qualify for assistance but are having a hard time getting by.
 
I guess what the state police does mostly is screen the backgrounds of new hires. Make sure that there is no mafia connections.
 
I would re-open the parochial high-school here in town and keep it open with a yearly influx of cash. give em a bonus every year they beat the next little town over in football. pay off the kids houses and everything else they owe. We don't owe that much that we cant pay it off now if we wanted to. But I wouldn't need to worry about working to get cheap health insurance anymore, they say the money will ruin your life. I think I could prove em wrong.
 
It would finance a lot of projects...
a210699.jpg
 
I agree with those saying that much money turn's lives upside down,and certainly not for the better. You have no idea what kind of person you would become. Reading through the responses here you can see some that would start right off doing some vindictive in yo face things. I'm happy turning enough profit trading tractors to keep me going.
 
I got to know a local guy who won $17 million way back in 1987. There was no lump sum offered then, so he was forced to take the 20 payment plan, or sell it to some scam company for pennies on the dollar. Still got almost a million per year before taxes. He kept working in a tool shop until he made a milestone birthday or anniversary there, to get the insurance or something. Bought a couple more small farms near his, one across the road for his daughter to rent. Sent her to college, no free lunches. The local coffee shop said he did not tip any better after, and it wasn't that good before :D

He did buy the first of the new style 1988 Chevy C/K pickups we worked on, so new that we had a tough time getting the aftermarket parts he wanted- cap, running boards, etc. His wife got a Cadillac. They waited a couple of years, then fixed up the old house pretty nice, I saw some newer tractors around. I think he was pretty good at using the farm for expenses.

I remember cleaning his truck one year, and he went to write the check for the work, his checkbook register showed he had $300K balance. He said he was keeping his most recent installment in the check book as he was trying to buy a small farm with cash as his incentive. He mentioned the fun he had dickering with car salesmen, as they usually did not recognize the dirty farmer as a guy who could probably buy the whole dealership and every car. He kept his truck for a long time, she did trade Caddys every four years or so. I'll bet he's got most of it still squirreled away today.

He said he had coached a few other winners, if you win enough to hire the accountants and lawyers you need to manage that much money, and if you can't, hire someone who can just SAY NO for you to all those "relatives and worthy causes".
 
I agree whole heartedly. I think that there would be more players as long as it isnt rigged as some have been by the person running the Lottery.

I hope they put him away for a long time.
 
Shortly after the Lottery got started my wife bought a ticket and had one number right and won $100.00. That certain number today would be one Mil. dollars.

Just our luck.
 
One never knows until it happens, but I think that might be how I think I'd go with it. I've always liked a toilet that flushes and a sink faucet that
runs, but never really cared for one made out of gold. And never really wanted to impress anyone else.

Never know unless it happens to you tho I guess. Probably won't happen to me, I didn't buy a ticket last week, haven't planned on buying one
this week.

I would probably be happier winning a 2 million dollar one, get a million, have $500,000 after taxes, could spend it on the farm a little and be
happy.

Wife and I sometimes play the 'what would you buy' game, and we come up with insulating the house, and other goofy stuff, way to dern
practical.

Paul
 
We would be debt free. I'd look at opening a business right outside of a town just to the west of me. Most likely something to do some manufacturing. Not to really make more money but to create decent paying jobs for an area that needs it. My kids would be debt free. That would be all the help they get besides maybe a modest house. Grand kids would get a deal. They day they graduate college I'd pay their college debt. I'm not financing spring break trips to Mexico. Some money would get donated to cancer research and St Jude's.

As far as the relatives trying to mooch? Guess they would have to disown me. Most of em in need of help put themselves in that position through very poor life decisions.

Build and equip my dream shop too.

Rick
 
My wife backed my diesel pickup into a palm tree on a vacation fishing trip. Only tree within 500 yards and then later backed the GMC through the garage door when she didn't open it. We are still friends. Checked my lotto ticket today and get a powerball winner for $4 dollars. Only play it when it get in the big numbers....if you play it every week you are throwing away a lot of money. Check the odds of winning the top prize. Mine was 1 in 292,201,338 million and that was before the closing deadline. If we ever do win, we already have an agreed upon deal: 50% of winnings go into land and investments, and each spouse gets 25% as mad money that has zero restrictions, i.e., I get a Gulfstream jet, Corvette, golf clubs, yacht, and some educational endowments. Doesn't cost to dream.
 
Well, as the saying goes, you can't win if you don't play. I like the fun of wondering "what if".

It's no fun wondering "what if" if you don't buy a ticket, so I play $2 a week. Either a scratch ticket or a powerball type ticket.

So for 100 bucks a year, I consider it money well spent as entertainment.

On top of that any small amounts I win (under $10) goes back into more lottery tickets, which usually generates even more tickets. I think it's fun.

Again $100 a year, why not? I used to spend a heck of a lot more than that in a week going out to bars.

This vice is much cheaper and healthier.
 
First thing I would do after making sure I had the money is call everyone I ever knew. Most never gave me the time of day. I would make sure to tell them all "I have it and you are not getting a penny of it." Then I would join the witness protection program and disappear.

Honestly, I will never have that problem. I have never played the lottery and never will. Most gambling I want to do is driving on the highways these days.
 
If We're to win, I pay off my house and then by the horse farm. I'd still drive around in my 99 F 150, I'd run it until it falls apart. I'd probably buy a few Ford tractors that I like, get a fold up tedder, Then I would probably invest in racehorses and I use invest as a loose term because Id prolly lose more than I would make. But I love thoroughbreds and racing. With that much money I could prolly get full custody of my daughter. As the lotto used to say, all you need is a dollar and a dream.
 
Myself, my Wife, my sister in law, my Sons and Daughter and several good friends would retire on the proceeds, each do as they please but I would take a show string on the road for a few years at least. I would buy enough land to ensure that all of my grandchildren could farm for themselves and never have to work for someone else unless they chose to do so.
 
If I won, I'd take a few days to figure out how much I need, then sell the ticket to someone for that amount. First guess would be about 6 million. That way I'd get what I want and someone else's name is associated with the lottery winnings.
 
That idea has been out there for a while. Unless you are willing to do a contract that is not in writing then that leaves a paper trail for somebody to sniff. I don't know that I would take that chance because once they have cashed the check how would you prove you were the original holder. They probably need the 700 million before they pay you as not many people have 6 million laying around.
 
There'd be a paper trail, but only a contract with another individual, which is more or less private. The lottery records on the other hand are public. My initial thought would be to make the deal with a charity of some sort, but I don't know if a charitable organization could legally participate in a public lottery. In any case, having a paltry 6 million wouldn't really make you much of a target for scammers. I know several people that have that much or nearly that much put away for their retirement. Around here at least, that much money would not raise any eyebrows.

I probably don't stand much of a chance of winning anyway. I don't buy lottery tickets, so I'd have to find the winning ticket discarded in a parking lot or something. Not completely impossible, just very very improbable.
 
First, I'd have to buy a ticket, which is about as likely as picking up a winner from the side of the road under our mailbox, but IF that sort of windfall happened...

#1, hire a good lawyer to put every cent above his fees into a foundation for helping aspiring farmers, preferably young ones.

#2, put myself as director of the board of trustees of such foundation for a mere 50k/yr (and up my annual wages significantly), and have the foundation purchase 'the old home place' (along with the bits sold off over the years), and start a new farmer incubator, to take young people interested in farming and give them some real hands on experience in crops, critters, machinery, maintenance, marketing, and the disasters that can happen along the way with myself and other well experienced farmers as mentors, then help fund their own place on "graduation" with a no or very low interest revolving loan fund.

#3, either auction this place and everything on it, move and start over, or have the whole place properly tiled and donate the works (equipment and all) to a young farm couple.

#4, take a portion of my directors wages and help repay my children's student loan debts, as a partial payment each month that they are gainfully employed.

I'm sure there are things I haven't considered, but being this is just a pipe dream, it matters not at all.
 
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