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I only buy Powerball tickets when the advertised jackpot is over 1/2 billion and since I didn't win Wednesday, I bought a ticket for Saturday. This one says $700 million, which means a lump sum in the neighborhood of $428 million and after the taxes I'll be left with $259 million, give or take a few $100k.
In reality, I only need $10 million of it to live a comfortable life working on projects and things I want to work on, not going to a job to support my family. Let's say I need to get a little more comfortable and decide I require $59 million for a lake house, with gun room, acreage within a 15 minute drive for a shooting range, a new truck and 22LR, 38Spl, 357Mag, 30-30, 30-06 and 9mm ammo by the pallet. Plus three college educations and some nice things for the wife. We would also require a staff. Not like a "Downton Abbey" staff, but a personal assistant for travel arrangements, appointments and bill paying, housekeeper and a chef. It's extravagantly manageable and I'll even have a metric sh$t-ton left over as walkin' around money. This is even after watch shopping in Geneva and getting some of that coffee they pick out of the cat crap.
What to do with the other $200 million? Several charities come to mind: our church, local library, town recreation department, local dog rescue, a local organization for kids who's parents have cancer, the national Make a Wish Foundation and a cancer organization (that I would have to research).
There's still 10's of millions left over - what to do?
In reality, I only need $10 million of it to live a comfortable life working on projects and things I want to work on, not going to a job to support my family. Let's say I need to get a little more comfortable and decide I require $59 million for a lake house, with gun room, acreage within a 15 minute drive for a shooting range, a new truck and 22LR, 38Spl, 357Mag, 30-30, 30-06 and 9mm ammo by the pallet. Plus three college educations and some nice things for the wife. We would also require a staff. Not like a "Downton Abbey" staff, but a personal assistant for travel arrangements, appointments and bill paying, housekeeper and a chef. It's extravagantly manageable and I'll even have a metric sh$t-ton left over as walkin' around money. This is even after watch shopping in Geneva and getting some of that coffee they pick out of the cat crap.
What to do with the other $200 million? Several charities come to mind: our church, local library, town recreation department, local dog rescue, a local organization for kids who's parents have cancer, the national Make a Wish Foundation and a cancer organization (that I would have to research).
There's still 10's of millions left over - what to do?
. Have all the property I can handle or need. A couple $K for .22 match ammo a year. I havnt mastered shooting the gun I have to its potential and at my age probably never will, just having fun. I would rest easy knowing my loved ones will be provided for.
