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11-25-2007, 05:42 AM
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#1
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Join Date: Jan 2006
Posts: 223
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Pa lottery
Hey Its up to 155 million?
I was curious as to whom can play? maybe we can all go into a pact, and if someone hits splits....Rules have a reciept for playing and a ticket.....Just a thought.   
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11-25-2007, 10:53 AM
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#2
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Screw everyone, I want the $$ all to myself lol
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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11-25-2007, 12:59 PM
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#3
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NJFBOA Co-Founder
Join Date: Jul 2004
Location: All up in your kool aid!
Posts: 12,235
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yeah, i wanna have as much fun as 155mill can possibly pay for.
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11-25-2007, 02:14 PM
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#4
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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[debates which is closer, PA or CT...]
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WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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11-25-2007, 02:30 PM
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#5
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Mr Fantastic
Join Date: Aug 2004
Location: West Milford NJ
Posts: 7,917
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man, i dont know what the hell i'd do with 155 million dollars...that would be crazy
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Matt
B18B1 FTW
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11-25-2007, 02:40 PM
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#6
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Resident Camera Guy
Join Date: Aug 2004
Location: North Jersey
Posts: 10,971
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Quote:
Originally Posted by GP99GT
man, i dont know what the hell i'd do with 155 million dollars...that would be crazy
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You'd probably drink yourself to death since you would be so bored. Generations could live off the interest!
I would just do whatever to secure the money for a life time & spend a few Mil.
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11-25-2007, 03:14 PM
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#7
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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I'd probably go with the lump sum oer the annuitized payments, pay off all student laons, credit cards, and then get my series 6 and invest the rest. then invest my insane commission from that. Then invest the pretty good commission off that. And life would be good.
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WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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11-25-2007, 05:04 PM
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#8
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NJFBOA Co-Founder
Join Date: Jul 2004
Location: All up in your kool aid!
Posts: 12,235
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Quote:
Originally Posted by GP99GT
man, i dont know what the hell i'd do with 155 million dollars...that would be crazy
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thats the nice thing about having that much money. you can afford to try a lot of stuff until you find something interesting.
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11-25-2007, 08:34 PM
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#9
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I <3 sheep
Join Date: Mar 2005
Location: Belmar
Posts: 4,907
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I dont know what I'd do with 155 dollars, who the **** am I kidding 
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Quote:
Originally Posted by Tru2Chevy
Steve has a thing for sheep....
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'78 Big Wheel- 2FWFP
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11-26-2007, 11:31 PM
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#10
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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oh and id love having a couple mil spare change to play round in hedge funds with
__________________
WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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11-27-2007, 10:39 AM
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#11
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Join Date: Aug 2004
Location: Hillsborough, NJ
Posts: 3,200
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Wow Kasey, sounds like you're one of the few who are getting something out of your education. PA lottery or not, find your niche in the investment world to make money. 
Be careful with those hedge funds though - the Private Equity world has way too much money, and not enough good investment prospects.
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I USED TO HAVE an 85 Camaro 305 4bbl, 90 Firebird V6, 97 Firebird V6 (10 speakers!). Despite the two family vehicles, 3 kids, wife and mortgage, I can finally realize the dream - 88 TA almost all stock... for now.
http://www.cardomain.com/id/untameddave
Wanted this -  , but ended up with this -  for free. Can't argue with free.
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11-27-2007, 10:56 AM
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#12
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Join Date: May 2006
Posts: 1,357
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After taxes you are looking at about 80 mil. Not that that is a bad thing.
First thing I do is pay off the home, and buy a 2nd home in another state just for the hell of it. Bounce back and forth in summer / winter if I wanted to.
Buy a rental property or 4 so I have equity and rental income.
put about $5million into a savings account earning 3% and live off the 150,000 interest it will earn. The rest I'd find things to do with it. Help out family and friends, vacations to places I've always wanted to go.
As weird as it sounds I'd still like to have a job because I'd get bored sitting around after a while. I like what I do so I'd continue selling homes there would be less stress and it would still be fun.
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11-27-2007, 11:02 AM
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#13
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The Mayor / 2009 Member of the Year / Moderator
Join Date: Jan 2005
Location: Northwest
Posts: 8,869
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That would be awesome. I'd invest a good portion of it in the bank and hedge funds, but buy a house, buy a shorehouse, a nice SOM trans am, performance boat, give some to family/club (<--- I win).
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1995 Z28 Convertible A4 13.78 @ 100 (CAI, high flow cat, catback, 160 thermo, hypertech, Strano springs, Koni yellows, sway bars, 3 pt. UMI SFC)
2018 Sea Doo GTX - 3 cylinders and das boooooost
Quote:
Originally Posted by BonzoHansen
Is English your 2nd language? Did you graduate high school? Your posts make my head hurt.
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 Team FARM
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11-27-2007, 11:04 AM
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#14
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Banned
Join Date: May 2006
Posts: 175
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when the drawing
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11-27-2007, 11:04 AM
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#15
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King of Free
Join Date: Sep 2005
Posts: 1,750
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Quote:
Originally Posted by firehawk1120
After taxes you are looking at about 80 mil. Not that that is a bad thing.
First thing I do is pay off the home, and buy a 2nd home in another state just for the hell of it. Bounce back and forth in summer / winter if I wanted to.
Buy a rental property or 4 so I have equity and rental income.
put about $5million into a savings account earning 3% and live off the 150,000 interest it will earn. The rest I'd find things to do with it. Help out family and friends, vacations to places I've always wanted to go.
As weird as it sounds I'd still like to have a job because I'd get bored sitting around after a while. I like what I do so I'd continue selling homes there would be less stress and it would still be fun.
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thats gonna be a lot less if you chose the lump sum.
But still... say even 50 mil in pocket after everything said and done.... Maybe buy a house with a three car garage.. or two houses with three car garages.. an exotic of every type in each bay.. I could get used to it =D
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2001 Trans Am M6 WS6 Black on Black...on Black
PaceSetter LT's, TSP catted Y,Borla catback, SLP lid
!CAGS, Eibach pro-kit, Bilstein shocks, 5% tint all around
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11-27-2007, 11:08 AM
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#16
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Join Date: Jan 2006
Posts: 223
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Travel the world on foot would be my first thing with an entorage of course 
I would then come back and buy a house in mrytle beach,and a z06!
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11-27-2007, 01:44 PM
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#17
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2007 Member of the Year
Join Date: Oct 2004
Location: Seabrook, TX
Posts: 14,281
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Quote:
Originally Posted by Untamed
Wow Kasey, sounds like you're one of the few who are getting something out of your education. PA lottery or not, find your niche in the investment world to make money.
Be careful with those hedge funds though - the Private Equity world has way too much money, and not enough good investment prospects. |
Thanks man... already there (investments), just working on my license. I learned none of this in school, but I'm working with a company that teaches people how to become debt-free and financially independent, I'm learning so much more there than i ever did in my school career
Quote:
Originally Posted by Anti_Rice_Guy
That would be awesome. I'd invest a good portion of it in the bank and hedge funds, but buy a house, buy a shorehouse, a nice SOM trans am, performance boat, give some to family/club (<--- I win).
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whoah careful... hedge funds, I'd only suggest to somebody whos already got retirement set, has a very healthy emergency fund, a good income, and a large amount of discretionary money to play around with They're a dangerous thing
__________________
WF=DF
Kommandant of the ACL (Anti Canadian League)
Quote:
Originally Posted by LTb1ow
Junk the pos, spend the money on beer, acquire headache.
Same result cept this headache doesnt last months.
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11-27-2007, 05:55 PM
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#18
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Join Date: Jan 2006
Posts: 223
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well I got 8 bucks in....
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