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01-12-2016, 10:10 AM
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#121
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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Quote:
Originally Posted by sengsational
But I would create a local "teacher Nobel prize" in your community. A self-sustaining endowment that would award outstanding teachers.
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Oh, that would be a bag of woe. "Outstanding" by objective measures (test score improvements--tests are not very popular these days) or via nomination packages, screening boards, fact checkers, interviews, etc. Lots of personalities, politics, etc.
Maybe drop by each actual classroom in the district and give each actual teacher $1000 to spend on whatever they think would be most useful for their classroom and students. Tell 'em there will be more next year if they get results, and that if they are interested in another go they can send your staff a 2 page (max) report on how they spent the money, what it produced, and next year's plan. Let vendors of all kinds know you'll be sprinkling around a few million dollars among teachers in that district. They'll get some good ideas and resources out there.
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01-12-2016, 11:05 AM
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#122
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Recycles dryer sheets
Join Date: Dec 2013
Posts: 331
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Quote:
Originally Posted by RunningBum
With that kind of money I would most certainly live wherever I wanted without worry about the tax rate. If you've got more money than you would ever know what to do with, why compromise on where to live just to have more money you don't know what to do with?
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+1 Quite right.
Sent from my iPhone using Early Retirement Forum
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01-12-2016, 12:15 PM
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#123
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Full time employment: Posting here.
Join Date: Sep 2007
Posts: 514
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That's a life-ruining amount of money and I would never want it.
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01-12-2016, 01:08 PM
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#124
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Thinks s/he gets paid by the post
Join Date: Apr 2011
Location: Madison
Posts: 1,337
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Quote:
Originally Posted by kombat
That's a life-ruining amount of money and I would never want it.
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I would want it but really? a 1 in 295 million chance? I would think most of us on this forum know that that is as close to 0 as one can get without it actually being 0.
__________________
Wild Bill shoulda taken more out of his IRA when he could have. . . .
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01-12-2016, 01:38 PM
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#125
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Recycles dryer sheets
Join Date: Dec 2013
Posts: 331
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- The odds on Powerball are 1 in 292.2M.
- There is a 100% chance that someone will win the Powerball jackpot, be it on 1/13/16 or Saturday or next week or next month, barring a catastrophic event. "Someone's gotta win."
Can we all just accept that both are true so we can stop belaboring this point? If you want to play, play. If you don't want to play, don't play.
Sent from my iPhone using Early Retirement Forum
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01-12-2016, 02:13 PM
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#126
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2005
Posts: 17,241
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Quote:
Originally Posted by kcowan
Move to a low tax jurisdiction to avoid the income taxes on $500,000,000.00 while negotiating the total tax bill to Uncle Sam.
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Too late... it is where you bought the ticket that would be the taxing event...
I bet you anything that if you bought the ticket in Illinois but lived in Florida or Texas where there is no income tax that Illinois would take their cut... and if you refused they would sue you....
Now, if you bought a ticket in Texas and lived in Illinois, you would still be on the hook for taxes since you were a resident....
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01-12-2016, 02:21 PM
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#127
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Recycles dryer sheets
Join Date: May 2010
Posts: 497
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I will not buy a ticket. I feel that it would be like going back to work only this time the job is what to do with money. I am happy without any kind of job. Sorry for whoever wins.
__________________
You've got to ask yourself one question: Do I feel lucky? Well, do ya, punk?
Retired July '11 investments in very low cost index and mutual funds, balance once a year at best.
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01-12-2016, 02:24 PM
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#128
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Thinks s/he gets paid by the post
Join Date: Apr 2011
Location: Madison
Posts: 1,337
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I feel sorry for all those suckers who are spending baby's shoes and formula so they can increase their odds from .00000000000000000000000001 to .000000000000000000000000034
__________________
Wild Bill shoulda taken more out of his IRA when he could have. . . .
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01-12-2016, 02:28 PM
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#129
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Quote:
Originally Posted by ducky911
I will not buy a ticket. I feel that it would be like going back to work only this time the job is what to do with money. I am happy without any kind of job. Sorry for whoever wins.
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Me, too. I told DW to please not buy a ticket through the office pool.
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01-13-2016, 08:02 AM
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#130
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Thinks s/he gets paid by the post
Join Date: Jun 2014
Posts: 1,192
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I'd love to give away money, but more at a one to one level, you know that "for being a good citizen" type thing. I was sitting in a doctors office the other day and saw this lady struggling to wheel her mother in as the wheelchair was clearly the size of the door and the oxygen tank was getting hung up, I jumped up and helped of course and when I turned two people were ignoring the situation and one guy looked like he just realized he probably should have helped. If I'm going to do good in this world, it would be to encourage more people to do good in their every day life.
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01-13-2016, 08:24 AM
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#131
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2007
Posts: 14,328
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Quote:
Originally Posted by karen1972
I'd love to give away money, but more at a one to one level, you know that "for being a good citizen" type thing.
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If you win, you will certainly have the opportunity - 24/7. They will call you, write you and chase you down the street. A few of them really will have a dying child.
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01-13-2016, 10:01 AM
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#132
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Thinks s/he gets paid by the post
Join Date: Feb 2013
Location: Toronto
Posts: 3,321
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My socks... I have been waiting for Thorlos to go on sale buy if I won I would probably would just pull the trigger and pay full price.
Of course as the Lottery Corp here likes to say, 'You have to be in it, to win it!' and alas I have been a guaranteed loser all my life.
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01-13-2016, 10:22 AM
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#133
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Quote:
Originally Posted by 6miths
My socks... I have been waiting for Thorlos to go on sale buy if I won I would probably would just pull the trigger and pay full price.
Of course as the Lottery Corp here likes to say, 'You have to be in it, to win it!' and alas I have been a guaranteed loser all my life.
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I love Thorlos socks! If you buy a few pairs from them online, they are always sending e-mail notices of sales (3 for the price of 2 and stuff like that). They still aren't cheap, though, and maybe you are finding better sales.
I have some that I bought in 2006 that I have worn at least once a week for ten years and they are still in great shape. So, I do believe they last a long time, at least for me anyway. If they all last that long (a big "if", granted), and if I keep 7 pairs at all times, then my socks spending would average about $12/year. I can handle that.
Quote:
Originally Posted by ducky911
I will not buy a ticket. I feel that it would be like going back to work only this time the job is what to do with money. I am happy without any kind of job. Sorry for whoever wins.
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+1000
I agree completely. I have enough money to keep myself in Thorlos and New Balance, and the few other luxury items that I prefer. To me, at this stage in life, time is the greatest luxury.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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Win the Powerball, what would you change?
01-13-2016, 10:35 AM
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#134
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Columbus
Posts: 1,118
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Win the Powerball, what would you change?
I would maintain a residence in the Swiss or Italian Alps, another on the Meditaranian, and several on each coast of the US. Maybe one in Paris too. But just a townhouse there. Oh and get a yacht to sail the world. With a private crew and dining staff. Nothing too fancy. I would'nt want to overdo it. Might become a Netjets member also.
Sent from my iPhone using Early Retirement Forum
__________________
Ohio REFI PE ENG and Investor as of 2016
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01-13-2016, 11:26 AM
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#135
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Full time employment: Posting here.
Join Date: Apr 2013
Posts: 834
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Quote:
Originally Posted by kombat
That's a life-ruining amount of money and I would never want it.
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Your wish will probably come true.
__________________
The Constitution. It's not just a good idea...it's the law.
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01-13-2016, 03:07 PM
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#136
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Thinks s/he gets paid by the post
Join Date: Jan 2014
Posts: 1,770
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Quote:
Originally Posted by karen1972
I'd love to give away money, but more at a one to one level, you know that "for being a good citizen" type thing. I was sitting in a doctors office the other day and saw this lady struggling to wheel her mother in as the wheelchair was clearly the size of the door and the oxygen tank was getting hung up, I jumped up and helped of course and when I turned two people were ignoring the situation and one guy looked like he just realized he probably should have helped. If I'm going to do good in this world, it would be to encourage more people to do good in their every day life.
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Maybe those people had health reasons for not helping like bad back, heart condition, shoulder condition.
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01-13-2016, 04:00 PM
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#137
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Thinks s/he gets paid by the post
Join Date: Nov 2012
Location: Madeira Beach Fl
Posts: 1,403
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I bought one ticket, and have been in such a good mood. Thanks Powerball!
__________________
_______________________________________________
"A man is a success if he gets up in the morning and goes to bed at night and in between does what he wants to do" --Bob Dylan.
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01-13-2016, 06:38 PM
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#138
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Full time employment: Posting here.
Join Date: Nov 2010
Posts: 628
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Quote:
Originally Posted by Tekward
From the web site; "You do NOT have to cash the ticket at the same store, but you do have to cash the ticket in the same state."
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Do you mean to insinuate that my local gas station won't pay me my $1.X Billion? Boy oil really has dropped.
There was a snippet by Mark Cuban that was eye opening about what to do if winning.
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01-13-2016, 09:44 PM
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#139
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2004
Location: SW Ohio
Posts: 14,404
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Winning Powerball Numbers: 4,8,19,27,34, Powerball 10. Powerplay is 2.
For those who won--have your valet drop us a note.
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01-14-2016, 10:07 PM
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#140
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Columbus
Posts: 1,118
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Everyone in my office went together and pooled 50 tickets. I was the only holdout. They teased me that I'd be the only one coming in today. I know my odds. Gamblers dopamine highs can't overcome me.
They did win. An $8 payout. That's .16 cents per winning ticket bought. I joked to my coworker that she just earned almost 10 seconds of paid vacation. Woo hoo.
Sent from my iPad using Early Retirement Forum
__________________
Ohio REFI PE ENG and Investor as of 2016
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