So, You Hit Megamillions for $1.6B | Page 2 | The Boneyard

So, You Hit Megamillions for $1.6B

I have thought about this before. If it's $1.6b then you're probably going to get about $700mm if you take the cash option or $1.1bb if you take the annuity. There is plenty of money to throw around. I would probably give away about $100mm to friends/family as a one time, you are never bothering me for money ever again, and then I'd probably spread out another $100mm in donations. At that point you still have $500mm. Live on the 5% interest and never touch the principle again. Even at 5% annually you can donate additional millions every year and it would be plenty of money to get your name on a building and help the school

I would also make sure to put away $100 for the guy I hate at work and give everyone else like ten grand just because he's an
What safe vehicle offers 5%?
 
I would request itemized invoices of the expenses that kept the Yard going for 20 years and reimburse everyone.

I then would give $100,000 to each of my Top 15 fave Yarders.
You are a really swell guy Dove!!!
 
When you have $500,000,000 banks will give you higher interest just to keep your money with them.
How much of that is FDIC insured?
 
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I'd want to pony up the cash to name a building "The Boneyard" mostly because I know they'd cringe, but they'd take the cash.

Yeah, I know, it's not my best trait, but as a billionaire I'd embrace it.
 
I would request itemized invoices of the expenses that kept the Yard going for 20 years and reimburse everyone.

I then would give $100,000 to each of my Top 15 fave Yarders.
Have I mentioned that you are not only a very interesting poster, but a very generous one as well?
 
I won't give UConn a dime. They sold me a brick with my name on it on campus when I graduated and never delivered. They used the money for something else. No trust.

It's there... you just have to look @ all the new buildings to find it.
 
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$700M lump sum distribution.

$50M kept for personal use;
$50M distributed to friends/family;
$100M to create a UConn athletic coaching salary fund w/requirement that we finally spend money needed for good football assistants;
$100M to endowment;
$200M UConn sports facilities renovation fund;
$200M ASPCA (animal lover)
 
I’d buy season tickets and donate them, but that’s about it.

Lots would go to charity, but I’d rather help cure a disease or help people in need than further what is already excessive spending by UConn.

I would get a pair of club seats for the Patriots, and probably a Porsche Macan for me and Range Rover Sport for my wife.
 
I hope someone from CT wins. The state could use the 640 million or so in taxes.


No way, they would piss it away as they usually would. Now I would help UConn all I could after taking care of family and close friends.

Buy our way into either the Big Ten or ACC. Have to grease the pockets and that would happen.
 
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Lump sum is 904million. 37% tax rate leaves you with 569m. Ct takes more.. not sure how much. But it doesn't matter for me cause I'm on vacation in one of the 6 states that do not allow lotteries.
 
Have I mentioned how the BY wasn't the same when you weren't posting? Good to have you back buddy!

I missed you too. You get a million. ;)
 
Lump sum is 904million. 37% tax rate leaves you with 569m. Ct takes more.. not sure how much. But it doesn't matter for me cause I'm on vacation in one of the 6 states that do not allow lotteries.
CT would take 6.99% according to the Google. So they would like $60mm of it I guess. Obviously you buy a shack in FL where there is no income tax for 30k and declare residency there. But does CT actually get a cut too?
 
Lump sum is 904million. 37% tax rate leaves you with 569m. Ct takes more.. not sure how much. But it doesn't matter for me cause I'm on vacation in one of the 6 states that do not allow lotteries.

Not a specific shot at jleves, but I love when people talk about "dont forget the taxes!!!" on this stuff. So...leaving me with 500 million dollars.

...

I'll be ok. I'd make it on that, I think. How much money do you need?

(I'd build a multi-purpose arena on campus)
 
Not a specific shot at jleves, but I love when people talk about "dont forget the taxes!!!" on this stuff. So...leaving me with 500 million dollars.

...

I'll be ok. I'd make it on that, I think. How much money do you need?

(I'd build a multi-purpose arena on campus)
Definitely not complaining about the taxes. Just wanted to set the amount as people where kind of guessing. If you can't live on 500m something is very wrong.

I am complaining that I can't buy a ticket.... that's a lot of entertainment for 2bucks. Three or four days of spending a half billion in your mind.
 
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I would request itemized invoices of the expenses that kept the Yard going for 20 years and reimburse everyone.

I then would give $100,000 to each of my Top 15 fave Yarders.

FWIW, you've always been my favorite poster.
 
I’d buy season tickets and donate them, but that’s about it.

Lots would go to charity, but I’d rather help cure a disease or help people in need than further what is already excessive spending by UConn.

I would get a pair of club seats for the Patriots, and probably a Porsche Macan for me and Range Rover Sport for my wife.
Why not a Cayenne? You're getting your wife a full size SUV and yourself an entry level mid sized?

I happen to be looking at both right now to replace my lease at the end of 2019.
 
Not a specific shot at jleves, but I love when people talk about "dont forget the taxes!!!" on this stuff. So...leaving me with 500 million dollars.

...

I'll be ok. I'd make it on that, I think. How much money do you need?

(I'd build a multi-purpose arena on campus)

Way to cheap out. Can't pony up for separate venues? SMH.
 
.-.

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