(Topic ID: 227631)

$1.6 BILLION dollars

By SilverUnicorn

5 years ago


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    #93 5 years ago

    Gotta Dream Right???

    Let's assume after taxes, Lump sum, I end up with $500M.

    $10M gets spent within the first 6 months
    - New Houses
    - New Cars
    - Gifts to relatives and close family friends.
    - Travel

    $50M then gets put into personal investments that can hopefully net me 10% or ($5M/year), which is more than enough to live comfortably.

    The remaining $440M is my legacy. I would build a foundation that invests that money. 50% of the proceeds from the investment goes back in the foundation so it will always grow, and the other 50% goes towards philanthropic endeavors. I would sit at the head of the board with the option to take a salary (just in case the $50M i put aside is not enough), and live out the rest of my life knowing that I contributed to society, and will continue to do so long after I'm gone.

    #97 5 years ago
    Quoted from Grizlyrig:

    I like this plan, thought out and not hard to actually make happen. The winning numbers tho just need the right combo of numbers!
    -Mike

    I'm going for 1,2,3,4,5,67

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