deanb Posted December 4, 2012 Author Report Share Posted December 4, 2012 http://primacinema.com/ - And in the room hidden by the secret passageway I'd have one of these. 1 Quote Link to comment Share on other sites More sharing options...
madbassman39 Posted December 5, 2012 Report Share Posted December 5, 2012 So I think about things like this all the time. What would I do if I had won an exuberant amount of money. I have a client who is according to Forbes worth 2.1 billion dollars and he still just works. If I had an 8th of what he had, I would have retired and owned an island. I would have a small gokart track, a paintball arena, I would have a pilots license, I would eat fancy food all the time, I would have a different car for what ever mood I was in, I would have boats, I would have a house that each room was dedicated to a hobby. A garage for cars, a room for video games, a room for reading, a room for movies, a room for music, a room for drawing/painting, a room for Legos. I would have my own small film studio, I would have a small castle on my island, and I would name my self the Count of Monte Cristo. I would also just go around and cause trouble. I would have fun with my money. My children would be working because even though I got a hand out, they will have to earn their money, because thats how I got to where I am right this moment. It would be great. I would also fly people to my island and then give them a paintball gun and a few days worth of food and say "The hunt is on!" 2 Quote Link to comment Share on other sites More sharing options...
TheMightyEthan Posted December 5, 2012 Report Share Posted December 5, 2012 I would also fly people to my island and then give them a paintball gun and a few days worth of food and say "The hunt is on!" Win thread. Quote Link to comment Share on other sites More sharing options...
Thorgi Duke of Frisbee Posted December 5, 2012 Report Share Posted December 5, 2012 If I won the lottery, I would be boring and essentially live modestly. The possibility of being set for a lifetime would make me very careful with all of it. Though I suppose it would be nice to keep feeding my technology lust... 1 Quote Link to comment Share on other sites More sharing options...
TheMightyEthan Posted December 5, 2012 Report Share Posted December 5, 2012 Well, depending on how much you win it'd be pretty damn hard to spend all of it without really really trying. If you win $100 million even if you live for 100 years and never earn any interest on it you'd still be able to spend $1 million a year. Sure if you're buying islands and shit you could eat through it, but if you're just like "I want an awesome house and a badass game setup" you're not even going to make a dent. Quote Link to comment Share on other sites More sharing options...
TheRevanchist Posted December 5, 2012 Report Share Posted December 5, 2012 Herein lies the problem I keep seeing: If you win $100 million, you don't get the money upfront, unless you want a NPV with a high discount rate. So, on 100 million, you would normally get that full money paid out over 20 years, meaning $5 million a year minus taxes, which the current administration wishes to increase to suck the life out of your money now. Let's say 50% of that 5 goes to Uncle Sam (well, between 40 and 50 anyway). So, you get 2.5 million a year, with another 200k going to sales tax. If you win $100 million, but opt for the NPV, let's say now you get 70 million upfront. That $70 is fully taxable, leaving you with about 35 million. Now, you get to spend, but still have to pay sales tax, which will be about 2.2-2.8 million. Plus property taxes from whatever lavish estate you have purchased. So, based upon making a rational decision, you get the 2.5 million a year. That's enough to buy a house and live comfortably for the next 20 years, plus, if you were smart with your money, investing enough to keep you taken care of into your late years, plus bewb jobs for the wife. Sounds boring, but the plan actually works out logically. Quote Link to comment Share on other sites More sharing options...
TheMightyEthan Posted December 5, 2012 Report Share Posted December 5, 2012 Another thing I've read is that people who have lived paycheck-to-paycheck their whole life often are almost psychologically incapable of saving their money (you can debate whether that's a cause or an effect) so when they win the lottery they continue with their previous practice of spending every penny they possibly can and end up bankrupt after 5 years. To put it in a perspective that I'm sure everyone here (at least all the US residents) are familiar with from at least someone in their life: the family that can barely make ends meet, are always in debt and can never afford any luxuries, when tax season comes around they don't use their $800 refund to pay off their credit cards or save it for when something bad happens, they go out and buy a 50-inch TV instead. 2 Quote Link to comment Share on other sites More sharing options...
Alex Heat Posted December 5, 2012 Report Share Posted December 5, 2012 The obligatory 'pay off debts' answer. I suppose I'd give some to my family too, though my older brother would be largely S.O.L. because I don't like his ex-wife that he still lives with or his kids and I am largely uncomfortable doing things to help someone I like that indirectly helps people I don't like.* I'd also go into work, flip off my boss and skateboard out the door with a can of Mountain Dew in hand. EXTREME! Then I would buy a house, play video games all day and laze about. *Yes, this is kind of petty. Quote Link to comment Share on other sites More sharing options...
deanb Posted December 5, 2012 Author Report Share Posted December 5, 2012 The obligatory 'pay off debts' answer. How much debt do you have?! 1 Quote Link to comment Share on other sites More sharing options...
Alex Heat Posted December 5, 2012 Report Share Posted December 5, 2012 How much debt do you have?! Not much, actually! I just mean I would pay off my own debts (student loans) and the debts of my friends/family. That kinda thing. I suppose there is also the part where I would buy myself a couple of nice cars and a nice house (that is designed similarly to the one I grew up in) that I'd let some friends live in with me. Quote Link to comment Share on other sites More sharing options...
Thursday Next Posted December 6, 2012 Report Share Posted December 6, 2012 - I'd pay off the debts / mortgages of my family and close friends. - I'd stay in my job. I love the industry for all its faults, and I wanted to be a lawyer long before I knew anything about money. - I'd buy a modestly sized 3-4 bedroom house with a decent sized garden, something that a few friends could stay over in and I could entertain in year round. - I'd still cook and shop for myself. - I'd buy a fast, but relatively understated car for everyday use, something like an Audi R8. - I'd buy an old Triumph Spitfire and renovate it with modern engine, drive-train, brakes, etc. I love the look of that car. - Other than that, I'd probably stay mostly the same otherwise, go to the nicer bars in town but not the ridiculous "exclusive" places, go to the cinema with a mate on a Wednesday because it's two for one, I've never been particularly ostentatious. I like nice things, not sparkly things. Things that are well built and not form over function. Oh, I'd go on a couple of two week holidays a year (I still have a job after all), but I'd pay for any of my mates that want to come along. One exception to the ostentation rule is that I'd have a ~40' boat moored in Poole. Not a Sunseeker though. I file those under "Premiership Footballer tat" along with Ferraris. A Ferretti maybe (http://www.ferrettigroup.com/) they make incredibly beautiful machines. Essentially, I'd like to be the person that some second or third generation rich kid, a Paris Hilton or whatever turns their nose up at because they think I've got nothing when I could actually buy them three times over. I find the idea of having a huge amount of money/power but not flaunting it very alluring. Off topic. If you gave me the option of having fame, money or power I'd take power any day, which is just one reason why I should *never* be given any. 1 Quote Link to comment Share on other sites More sharing options...
deanb Posted July 17, 2013 Author Report Share Posted July 17, 2013 http://imgur.com/a/szkks I guess most of this. Mainly the secret room and slide and such. Not so much the balcony pool. In fact you'd have to pay me the £40million to make me get a balcony pool. Quote Link to comment Share on other sites More sharing options...
Alex Heat Posted July 17, 2013 Report Share Posted July 17, 2013 Honestly, the rotating sink add on is just a damn good idea in general that ought to be the standard. Huge ass skylight seems like it might be a pain to clean though. 1 Quote Link to comment Share on other sites More sharing options...
Mister Jack Posted July 17, 2013 Report Share Posted July 17, 2013 I would probably be fairly sensible. I'd buy a nice house (but not some crazy mansion), pay off my mother's mortgage, invest some of it, put some more into savings. Things like that. Then I'd pay a professional to have my enemies secretly killed. Quote Link to comment Share on other sites More sharing options...
Waldorf and Statler Posted July 17, 2013 Report Share Posted July 17, 2013 If I won the lottery. All jokes aside I would treat myself. Buy myself a sweet car. A modest sized fancy apartment with great decorations. And 20 hookers to stomp on my testicles as the Batman theme song plays in my dolby surround sound 5.1 Quote Link to comment Share on other sites More sharing options...
Mister Jack Posted July 17, 2013 Report Share Posted July 17, 2013 You don't even need the lottery to do that last one as long as your standards for hookers are realistic. Quote Link to comment Share on other sites More sharing options...
Mr. GOH! Posted July 17, 2013 Report Share Posted July 17, 2013 If I won the powerball at $100 million, I'd take the ~50% cut for immediate payout, so it'd be $50 mil, so, after another third out for taxes, I'd have about $33 million. $1 million to pay off all family debts and mortgages (the largest single debt being my ungodly law school loan debt). $5 million on a brownstone townhouse in Brooklyn ($2 to $3 million for the property, the rest in a fund for upkeep and taxes). I'd put $5 million in a trust for my sister and mother, limiting withdrawals to about $120k a year for 20 years. I'd put about $1 million in easy-to-access accounts for living expenses, and invest most of the rest of the $20 million in a mix of conservative long-term investments, like index funds. I might put about a million of that twenty in easier-to-convert short- and medium-term investments, too. I'd donate the last million to my school district growing up so they could buy and maintain a bunch of school-owned musical instruments for band and orchestra students to use. First, I'd take my girlfriend out for a lavish night on New York City. Then, I'd quit my job and do pro bono legal work part time for a couple of foundations here in the city. I'd also travel around the world and meet up with buddies from college in Europe and China. 1 Quote Link to comment Share on other sites More sharing options...
Mal Posted July 17, 2013 Report Share Posted July 17, 2013 I would look at rocks. Dear Diary, Today I found some meta-pillow basalt and here is an one ton sample (Pillows be huge dawg)! With my marking to orient the sample, you can figure out direction of shortening and all that fun jazz. Come on! Look at the distinct pillows and sediment fil- Hold on a sec. Someone is at the door... Proceed to next scene where I get a rock hammer to the face with a parting message of "The PXOD community annnnd the geologist community send their regards for annoying them and for taking one of the few meta-pillow basalt in existence.". Seriously though, I would go on a grand tour of the world. I would even save some money for 2060 to go out to an Ice-free Greenland. That place was part of the America-Africa boundary. Shit get cray-cray when continents collide. 1 Quote Link to comment Share on other sites More sharing options...
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