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10-29-2010, 08:51 PM #181
10-29-2010, 11:52 PM #182Member
- Join Date
- Oct 2010
- Columbus Ohio
01-19-2011, 02:57 PM #183Member
- Join Date
- Jul 2010
Oh yeah, and what would I do?
Audi A6 2.0 TFSI just so that noone would know I won the lottery.
Porsche 911 GT just for tracking
+some other cars for interior decorating, Enzo hanging from a ceiling n sh|t...
Something a 2-3mil could buy. Prolly some holiday resort condos also. Nothing too fancy.
I'd buy 600 apartments (~300 ft2, 1-2 rooms + kitchen) (60 million euros total) and hire a few guys to rent them for the rest of my life. That would easily bring me 600*450e=270 000 euros per month.
~10 mil I could invest in stock market and ~10mil I would give to charity/my friends & family. Remember that those 600 apartments would give me a nice income of ~45 million in 15 years (-28% taxes). I could do pretty much anything I wanted. Id read some buddhism literature.
= I would do anything and everything
EDIT: I would do the same thing I do right now from day to day. Sit infront of my computer
01-20-2011, 12:03 PM #184
Already won the lottery
already spent most of the money (and yes I bought alot of cars) .
Still have taxes to pay. I can discuss this one for days.TDF 458
01-21-2011, 06:06 AM #185
01-22-2011, 04:17 AM #186
01-22-2011, 04:39 AM #187
Canadian lottery is not taxed on winnings. $90M is absolutely bonkers insane. I'd be super happy even with $5 to $10M.
Lets say I win a fat share and my take home is $10,000,000 Canadian.
Immediately hire a lawyer and change phone number. Stuff 7M in a 5 year locked away GIC so I don't blow it all away. Money changes people, and it could probably change the way I see things. Keep my current job for a good 3-4 months - I don't cope with dramatic sudden lifestyle shifts very well.
So I've got 3M to play with...
Give $150,000 to sibling to cover their college/post secondary and get them a very nice boost in life.
Give $1M to family & friends.
Build my dream home - under 3000 square feet surprisingly.
Slowly build up my dream stable of 3 vehicles (4 max) - nothing super extravagant...
Subaru STI 2011, Audi S4, Audi R8 V10.
I don't really care for massive garages. I like quality time spent on each individual car to know their characteristics and develop a secret hand shake, so to speak, over the miles driven.
Most of all I'd probably keep some form of regular employment to maintain my head below the clouds and have a reality check once in a while. I also need a senior accounting managerial position to qualify for the internship requirements for my post secondary studies.
Really though in office pools, I don't really play to win (basically I don't bank on an extremely unlikely windfall to be a wise solid financial stategy, that's just dumb). I play in the pool so I'm not the unlucky SOB that gets shafted out *if* we did win. Sure the lottery is a self imposed tax, but its all in good fun when you have your priorities straight.
Last edited by In AWD We Trust; 01-22-2011 at 04:56 AM.
01-22-2011, 05:26 AM #188Junior Member
- Join Date
- Jan 2011
- Playa Vista, CA
Probably wouldn't even spend much of it on "Exotic" or "Super" cars. I'd most likely buy a nice 10 acre lot build a decent sized house, 2000 sq ft or so and a separate 1500 sq ft garage/shop. And convert my Fiesta into a rally spec car and buy a Boss 302R for a daily driver!
And possibly buy previous cars I've owned and miss and have fun modifying.
01-23-2011, 06:25 AM #189
I was actually thinking about this earlier today. I was thinking of cars I'd buy, then I thought "Nah, that's too much to spend on cars"... THEN I read this thread. Apparently I was being conservative lol.
Gallardo UGR TT
Aside from the cars, I'd spend no more than $3million on a house(s).
I have two friends that I'd probably buy 1 car a piece, as well as give them each a check for $250k. I'd give my father a check for $1million, my mother a check for $1million and my brother a check for $1million as well.
I'd hire my dad as my personal accountant immediately; he would be the first person I'd tell if I were to win. I'd then hire his lawyer and financial planner as well.
As far as day to day activities? I have no clue what I'd do.
01-23-2011, 06:26 AM #190