Mega Millions

Rufledt wrote: In reply to JohnRW1621: Hey Your Eminence Conquistador John, if you win can I get a million? I'll do the same for you if I win.

Let it be known this is my first act of ignoring you little people.

JohnRW1621 wrote:

Rufledt wrote: In reply to JohnRW1621: Hey Your Eminence Conquistador John, if you win can I get a million? I'll do the same for you if I win.

Let it be known this is my first act of ignoring you peasants.

FTFY, you need to pick up the proper lingo to be accepted by the other rich people

If I won I would give Jay Leno a call and ask if he wants me to keep his collection going when he is gone.

Buy a seat in a WRC event. (Well that might be all I can afford!!! )

Paris Dakar if they ever go back to Africa.

1995 Dodge Neon Super Touring Car

Cleanest lowest mileage NA Miata

Aston Martin Vantage V12 that will be autox and track day used.

But really probably nothing of the above unless my wife agrees as well. She is worth more than that stuff and definitely don't want things to go bad like other Lottery winners who get divorced or murdered etc.

Step 1- buy island.

Step 2- move to island.

Step 3- post sign that says "berkeley off or get shot".

Step 4- wait.

Advan046 wrote: If I won I would give Jay Leno a call and ask if he wants me to keep his collection going when he is gone. ------------------- But really probably nothing of the above unless my wife agrees as well. She is worth more than that stuff and definitely don't want things to go bad like other Lottery winners who get divorced or murdered etc.

agreed on both of these. My wife started saying all of the possible negatives of having all that money when we had the fun "not a chance but what if" chat. It would make a lot of relationships very uncomfortable. OTOH, my car would get new tires, and my van would get a massive de-rusting. Then there's the extra garage space I would need to house all of my new cars... I think I'll follow Leno's lead. Not the buying really awesome classics thing, but the buying strange old cars with one foot in the grave and restoring them to be awesome thing. Like this one:

http://www.jaylenosgarage.com/trucks/1961-chevrolet-corvair-95-rampside/index.shtml#item=72514

What is this? 4 pages and no "buy Detroit/GRM commune"

Personally, after settling tax and investment issues, I would live in a jimmy buffet song until I decided what to do next. Unfortunately I doubt my wife would go along with that.

mndsm wrote: Step 1- buy island. Step 2- move to island. Step 3- post sign that says "berkeley off or get shot". Step 4- wait.

Once again. Separated at birth. I already have my island picked out!

Hmm... buy a dually and a custom 2-car toy hauler RV; pack the Mini and GT6 inside along with some bikes and a few guitars. Drive around the country (and Canada) for a few years exploring. I have no SWMBO anymore, so deciding what to do is solely up to me.

poopshovel wrote:

mndsm wrote: Step 1- buy island. Step 2- move to island. Step 3- post sign that says "berkeley off or get shot". Step 4- wait.

Once again. Separated at birth. I already have my island picked out!

It's going to get pretty berkeleying crowded out in the south pacific. My island will have a marina, dancin' girls and a berkeleying awesome tequila bar. Possibly a reproduction of Sears Point and 20 identical 1970 IROC Porsche 3.0L 911s so you island-havin' corksuckers come on over when you get bored, jes?

I'm getting one of these

neon4891 wrote: What is this? 4 pages and no "buy Detroit/GRM commune" Personally, after settling tax and investment issues, I would live in a jimmy buffet song until I decided what to do next. fortunately I doubt my wife would go along with that so I would have to replace her with a pornstar until I got bored and had her made into sausage for my serfs.

ftfy

Sad thing is- my wife would still be driving a E36 M3 car, because she's the reason we can't have nice things.

I'd still be driving my old econoline because I like it. I don't even have to drive it now since I have a perfectly good rx8 in the garage, but I still do. My wife would probably get a new car though since hers is about to be reclaimed by the earth after one or 2 more salty winters. As they say in futurama, filings to filings, rust to rust. She's always wanted an FR-S and I think I could convince myself to look at one of those in the driveway . Or maybe a fiesta ST. Hatchbacks are very practical. That's why I'd like one, It has nothing to do with the turbo at all

Ian F wrote: Hmm... buy a dually and a custom 2-car toy hauler RV; pack the Mini and GT6 inside along with some bikes and a few guitars. Drive around the country (and Canada) for a few years exploring. I have no SWMBO anymore, so deciding what to do is solely up to me.

Oh yeah... and I'm buying a Singer...

http://www.youtube.com/watch?v=fJQ4hQSusjE

neon4891 wrote: What is this? 4 pages and no "buy Detroit/GRM commune" Personally, after settling tax and investment issues, I would live in a jimmy buffet song until I decided what to do next. Unfortunately I doubt my wife would go along with that.

the advantage of not being married

Ian F wrote: Hmm... buy a dually and a custom 2-car toy hauler RV; pack the Mini and GT6 inside along with some bikes and a few guitars. Drive around the country (and Canada) for a few years exploring. I have no SWMBO anymore, so deciding what to do is solely up to me.

with that much money, you soon will have

mndsm wrote: Sad thing is- my wife would still be driving a E36 M3 car, because she's the reason we can't have nice things.

but you'd be able to replace her nice "thing" every time she berkeleyed it up

I always enjoy these threads, but I haven't purchased my daydream passport yet.

I was listening to the estimates topping One BEElion Dollars (thank you Dr Evil) and the thought struck me..... You see the poorly disciplined blow through the 200 Million jackpots pretty often, but one BILLION......

How big does it have to get before you just couldn't screw it up in your life time? I mean, how much money is so much that you just can't lose it all in the forty or fifty years I probably have left, no matter how irresponsible you are? That amount is out there, but I'm not sure you're there yet, even at a billion.... And I don't mean just giving ever berkeleyer you meet a million dollars, but actually buying stuff and partying and dicking around...

I think Adrian alluded to it before. Use your 'take home' amount divided by the total from subtracting your age from 100. (Who lives past 100?)

That's how much you get to spend each year. That's it. That's your salary. When you kick the bucket, your kids will get all of the interest that was accrued.

I did the math. $2.6 mil a year. I can do this.

there are ball players that make way more than that, that end up broke :what the:

I knew a guy who won $12 million in the lottery. He immediately bought a house on the lake, had his own boat ramp put in, and got a new ski boat because it was nicer than the one he'd been using. He bought new cars for himself and the girlfriend, and a cigarette boat. (mind you, he lived in the middle of Ohio, so the only way to use it was to have a semi move it to Lake Erie each time he wanted to go out.)

I don't know what all else he did with his money, but he clearly went on a stupid spending spree. In five years he was flat broke.

Well, all I really know is that if the lottery pool here at work won, even at 600M+ it would be so spread out only a few of the older folks could retire, me not being one of them. Would I buy a few toys? Sure. Would probably upgrade to a nicer garage (I mean house...) closer to work as well. But it wouldn't be enough that I could go buy a lake house and a cigarette boat.

just how much would it take for you to be able to retire (live off the interest ?)

I understand one million will give you ~ $40,000 in dividends a year.

The first million is the hardest......

wbjones wrote: just how much would it take for you to be able to retire (live off the interest ?)

I've always said you need 20 times your desired pre tax annual 'salary' after paying off your house etc so you are totally payment free. Say you earn $100k per year today, but believe you could be happy with $200k per year in today's money, that means you need $4mil to 'retire'. Why that amount? Well that lets your nest egg grow while still giving yourself a cost of living raise each year on that $200k and you will never run out of money no matter how old you are.