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Old I just won $100 million

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  #1  
Old 01-02-2009, 02:42 AM
Rackat's Avatar
Rackat Rackat is offline
Plunderstruck!
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Join Date: Mar 2008
Location: USA
Posts: 843
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Rackat is a pirate wannabeRackat is a pirate wannabe
I just won $100 million

Not really, but we all dream of hitting the lotto, right?

What would you do if you just hit the jackpot. After all taxes paid, you had 100 million sitting in your bank account?

What would you do first? No generic "I'd take a vacation" stories. I want something tangible.


It's good to dream. I think I would:

1. Hire a good tax accountant and tax attorney

2. Have the accountant and attorney set me up as a corporation or similar entity to reap tax benefits.

3. Have the accountant and attorney pay off all my debt, my immediate family's debt, and then deal with the "family" and "friends" that crawl out of the woodpile when they find out I hit the jackpot.

4. Have the accountant and attorney assist me with investments such as annuities and properties.

5. Set up a charity fund to donate to causes I feel are worthy.

6. Set up a trust fund for my future grandchildren to be paid contingent upon graduating from college.

7. Buy two "personal" properties:
a. Downtown Dallas - so I don't have to go far to get home from a night on the town
b. Ranch property in Tarrant or Denton county to go relax on.

8. Season tickets to the Boys, Stars, and Rangers games (no suite, I want to be with the fans) for life.

After that, I'll take it as it comes.
  #2  
Old 01-02-2009, 04:28 PM
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ukebec ukebec is offline
"It's not my tree"
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Join Date: Sep 2008
Location: Jolly Roger's closet
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ukebec is well renown pirateukebec is well renown pirateukebec is well renown pirateukebec is well renown pirateukebec is well renown pirateukebec is well renown pirate
Got to give this one some in-depth thought. I'll get back to you.
  #3  
Old 01-05-2009, 12:02 AM
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Jack Sharkbane Jack Sharkbane is offline
Owner of the Ban Lazer
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Join Date: Sep 2008
Location: UK
Posts: 475
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well, I'd need a Nice home, and a lot of weapons, Considering that my plan Is gonna work.
 


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