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Thread: $450 Million Lottery Tonight

  1. #41
    1st Team All-American sporkgod50's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by etowngangsta View Post
    We would have a lot of 5* players start committing if I win.
    ftw
    what would a mama buffalo call her son who finds both sexes attractive?

    a bison.

  2. #42
    Bowl MVP rolinb1's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by warriorchief View Post
    *250k to my family's church. They've been good to us after my mom's stroke.
    *500k to Greenville Hospital System. Same reason.
    *$1M to both of my sisters for their families as a 1-time gift. After that, they're on their own to keep things up.
    *Pay off every bit of my mother's debt and put 5M in an account for her to do whatever she chooses
    *Fix a few cosmetic flaws in our house and immediately sell
    *Buy land outside our current city limits, prep, and build a house for my mom and myself that is more tailored to her capabilities for the next however many years of her life
    *Build a shop/garage with tools, lifts, etc, as well as 2 project cars for me to tinker with and restore in my spare time (cars TBD)
    *10M to Clemson University in my brother's name. 5 to school, 5 to IPTAY in return for season tickets for life
    *500k each to select charities and organizations
    *Up to 1M for select friends, depending on how good they've been to me over the years
    *Rest goes into investments, savings, whatever I can do to make it continually grow upon itself while I continue working


    Of course, everything above is subject to change at any point based on actual payout, etc.
    Nice well thought out list, mine would be similar - the Iptay and the University of choice would obviously be different.. Solid list though

  3. #43
    Underestimated SanAntonioCock's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by HCIW View Post
    Two chicks, man. Two chicks
    You need money for that?


    🐓🏈🐓🏈🐓🏈🐓🏈🐓

  4. #44
    Make CAROLINA Great Again jellafever's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by SanAntonioCock View Post
    You need money for that?
    Not if you've got puddin pops.

  5. #45
    4-Star doc's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by scfan2001 View Post
    If you take the annuity and were to die, the annuity payments would stop. You should take the lump sum so you get it all. You could always invest some and draw off of it as you plan.
    That's what I thought. I can't see any reason why the annuity could not be
    placed into their will. Another reason the people who run the lottery,
    including the state, can't be trusted.

  6. #46
    obscurum per obscurius GoldenSpur7's Avatar
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    Default Re: $450 Million Lottery Tonight

    New Car, Caviar, 4-star daydream, think I'll buy me a football team ............

  7. #47
    1st Team All-SEC Gamecocks321's Avatar
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    Default Re: $450 Million Lottery Tonight

    Won $21.

  8. #48
    Recruit Teamneil's Avatar
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    Default Re: $450 Million Lottery Tonight

    Clock out for the last time ever

  9. #49
    Grumpy Old Fart The Yancey's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by scfan2001 View Post
    If you take the annuity and were to die, the annuity payments would stop. You should take the lump sum so you get it all. You could always invest some and draw off of it as you plan.
    Absolutely false. It is a fixed annuity and is paid out in full. If the owner of the annuity dies then the value of the remaining owed becomes part of the estate. There are a number of companies that buy annuities. It is likely that for tax purposes i would be sold in this way.
    Order Of The Spur

    I miss Old Cocky Talk



  10. #50
    1st Team All-American Cockypantherfan's Avatar
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    Default Re: $450 Million Lottery Tonight

    Well I hit one lousy # total out of 5 draws.

  11. #51
    Band Lonnie's Avatar
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    Default Re: $450 Million Lottery Tonight

    The lottery: A tax on people who are bad at math....
    "Don't ask me to cook the dinner, and not let me shop for the groceries." - Will Muschamp


  12. #52
    Yellow Bellied Sapsucker hank scorpio's Avatar
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    Default Re: $450 Million Lottery Tonight

    $675 million now.

  13. #53
    4-Star doc's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by The Yancey View Post
    Absolutely false. It is a fixed annuity and is paid out in full. If the owner of the annuity dies then the value of the remaining owed becomes part of the estate. There are a number of companies that buy annuities. It is likely that for tax purposes i would be sold in this way.
    Apparently, you're correct.

    "Clearly, the upside to the lump sum is having access to all that money to do as you please. But spreading the payments over time guarantees a steady income stream, and can help reduce taxes. Age may be a consideration, though Mega Millions promises to continue to send out those checks every year, even if the winner dies, to a designated beneficiary."

    http://abcnews.go.com/Business/mega-...ry?id=16029468

  14. #54
    Jersey Retired usc90grad's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by Lonnie View Post
    The lottery: A tax on people who are bad at math....
    But good at meth. Wait, that's scratch-offs.

  15. #55
    Been caught moddin' Spur's Addiction's Avatar
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    Default Re: $450 Million Lottery Tonight

    Take the Annuity - The is a great history of jackpot winners going bankrupt later in life because they blew all the cash or got swindled out of a good portion of it. With the Annuity you severely limit the risk. Everyone says that won;t happen to them, but history tells otherwise.

    I will need to buy a ticket now. I generally don't play. But every now and then - maybe 3-4 times / year I will buy a ticket just. The odds are so astronomical - but somebody does win.....

    675 Milllion would be about 22 mill / year over 30 years. That would cover me until I am 71. Figure 40% in taxes, that leaves about 13.5 million / yr. Not too bad and way more then you need.

    I would split that into 1/3 each year. or chunks of about 4.5 million.

    1) Me & My family to spend - live off of or whatever
    2) Charity - philanthropy
    3) Investments

    I would also take a bit off the top first to financially secure my parents & other close family members.

    After that who knows. Keep the house we have but get it fully remodeled. Buy a couple of vacation homes - At the beach, in the mountains.

    Maybe open up a brewery. Need something to keep me busy.

    Travel

  16. #56
    Spring Game MVP 86 GradCock's Avatar
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    Default Re: $450 Million Lottery Tonight

    I would buy a house all around the lake; 150 lbs of birthday cake; spend $10,000 for a suit and $5000 for a tie, when the money falls out of the sky.

  17. #57
    Banned No:)'s Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by ShutTheSuccop View Post
    two chicks at the same time
    450 times.

  18. #58
    Heisman Candidate gotrice?'s Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by doc View Post
    Apparently, you're correct.

    "Clearly, the upside to the lump sum is having access to all that money to do as you please. But spreading the payments over time guarantees a steady income stream, and can help reduce taxes. Age may be a consideration, though Mega Millions promises to continue to send out those checks every year, even if the winner dies, to a designated beneficiary."

    http://abcnews.go.com/Business/mega-...ry?id=16029468
    I just don't want my someone to get tempted to off me to get upgraded from beneficiary to recipient

  19. #59
    Two Deep gamecockfan's Avatar
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    Default Re: $450 Million Lottery Tonight

    Quote Originally Posted by SanAntonioCock View Post
    You need money for that?
    he meant to say two dicks

  20. #60
    Household Name uscGRAD04's Avatar
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    Default Re: $450 Million Lottery Tonight

    This guy gets it.


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