Win the Powerball, what would you change?

I have never won anything in my life but will buy a Powerball ticket tomorrow.
If we win, after investing part of it for ER, we will use the rest to:
1. Help the start ups at the incubator in our local university and
2. Give money to the school district to upgrade their labs and hire more qualified teachers for STEM classes.
 
It's only money. Wait, did you say Poweball? :LOL:
 
Buy a Beech King Air and hire pilots to fly for Angel Flight West. Donate enough to my place of worship for them to have a building of their own rather than renting.
Put some in 529's for grandkids
 
I'd buy my Dream House..... Oh wait! I already did that. :)

I'd give lots to F and to my daughter, maybe in SPIAs for them.

Maybe I'd leave tips that are 20x the cost of the meals, at restaurants, just to brighten someone's day.

But for me? Gosh, I'll have to think about that. My life is pretty happy right now.
 
I would give money to forum posters, to a tune of $100 for each post that they have made. There are posters here with more than 10,000 posts, and that's a cool $1M+ for each of them.

However, I would notify the forum admin first before my announcement, so they would freeze the post counts. Else, the forum Web site would crash.

But before y'all get excited, I do not plan to buy any ticket.

But thanks for the thought. :D
 
This forum makes me go look up things that I would normally remain ignorant of.
 
I have a question about this. If you win the powerball and the lump sum is $500million and the winner tells lottery officials he wants to split the winnings 4 ways.....himself, his wife, and 2 adult children I believe they will accommodate this request. Much like when an office of 20 wins the lottery.

The reason I ask is because this would decrease estate taxes down the road to the adult children since they each received a share at the time of the winnings.
 
I would do everything I can to stay completely anonymous.

I would create an organization that helps support community arts groups around the country-live theater, music groups, etc. An LLC, like Mark Zuckerberg is supposedly doing.

I would keep some of it and make sure DS has a nice chunk to invest. I would fly first class, travel more and do some upgrades on the house. I'd bail my cousin out of his mom's estate Medicaid bill and set him up with a nest egg. Not sure about other extended family and friends. Too many behavioral issues there. Which is why I want to remain anonymous.

I will buy a ticket, for the entertainment value of thinking about it.

Of course, one's chances of winning are about the same if you buy a ticket or not!


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Of course, one's chances of winning are about the same if you buy a ticket or not!

The chances are about the same, but one option does come with an iron clad guarantee.
 
DW and I talked about this. I'm getting a new iPhone. And hardwood floors. Maybe buy a place that already has hardwood to avoid the hassle.


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If I win the Powerball jackpot I promise to share the prize money with everyone here on the forum. :)
 
I'm not greedy. I'll settle for the Mega Millions pot.
 
I would do everything I can to stay completely anonymous.

I think that EW Gal has the key. Most on this forum are quietly wealthy, and your life will change greatly if you are handed a 6 foot check on TV. All of a sudden you are resented and a target.
:hide:

Remember the reaction when you tell people that you are FI? Multiply that >200x.
 
Win the Powerball, what would you change?


I would no longer be a cord cutter. Probably sign up for the full package with Dish or Direct TV.
 
Let's see....If I win the powerball lottery....before I turn in the winning ticket I would;
1. change phone numbers and give the numbers to very few people
2. contact lawyer/tax expert for advice
3. buy a new Cadillac Excalade and throw in some summer clothes and drive to Florida. Here it's forecasted to be single digit temps this weekend.

After I collect the lump sum payout I would;
4. explain to DD that there is much advantage in it to her to a. get married, b. present us with grandchild, c. visit us regularly. (only kidding..sort of):LOL:
5. gift one time only, very generously to extended family
6. give generously to chosen charities
7. then we treat ourselves, with maybe a condo on the beach in Florida and a house in the mountains. Also fly first class on vacations instead of coach. Of course I will need a few toys, collector cars, big shop loaded with tools, DW will want some bling as well. No more sitting in the bleachers at my favorite university sports team, I will relax in my own luxury box courtesy of a big donation. Of course treat family and friends to really nice vacations.

Oh, it's fun to dream...best $4 I ever spent.
 
All new underwear and socks.

Buy brand name peanut butter from now on.

Get my oil changed and splurge on synthetic oil.
 
All new underwear and socks.

Buy brand name peanut butter from now on.

Get my oil changed and splurge on synthetic oil.

There's such a thing as overdoing it, y'know. ;)
 
Travelover, my dad once said that the definition of rich for him was if he could throw away his socks after just one wearing!

We are buying two lottery tickets today. :) If I win, I'll buy a truckload of socks for the old man!
 
Like a few others on the forum I find it difficult to wrap my head around this amount of money.
1. Hire attorney/CPA and keep it as quiet as possible
2. Give money to select family members
3. Travel 1st class and expand travel
4. Buy a boat for DH 21'-24' (to cruise around the PNW San Juan Islands)
5. Might upgrade a few things around the house and our cars
6. Have a private chef and massage therapist on retainer :)
7. Large donations to select charities


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Truth is, winning a lottery of this size is likely to end up being a nightmare for the lucky ticket holder.
That is my honest feeling, as well. I suspect that many lottery winners end up wishing they could turn back time and pass it up. Would make a good Twilight Zone story. :D
 
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