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 Question: What would you do if you won the 240 Million Dollar Lottery? (Page 1)
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Brian Austin Whitney Bard of the Boards Posts: 2627 |
posted 07-08-2003 14:36
   
Hi Folks, As a tie-in to my Just Plain Notes editorial coming out this week, I want to ask all of you this question: (Aside from taking care of family and friends and current debts) what would you would do if you won the 240 Million dollar lottery? I think the way the question is answered can tell you a lot about your life. As the discussion progresses, I will answer the question myself. But I want to get some responses here first. Brian IP: Logged |
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Steggy Serious Contributor Posts: 87 |
posted 07-08-2003 14:41
Hmm.. i would give a whole lot to charity and to my church, and i mean a whole lot... probably finance my first cd or demo. Buy a big house, my dream car (mazda miada-red-all black leather interior- awesome hooked up system in the back- and the wheels that keep spinnin when ya stop(those freakin rock)). So after all that and helping out my family and allt hat good sweet stuff.. i'd put the rest in savings. IP: Logged |
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John Voorpostel Serious Contributor Posts: 3021 |
posted 07-08-2003 14:59
I'd go into the music business until it was all gone 
Then I'd set up a charitable foundation, invest the proceeds, and pay out annual grants for the education of talented individuals determined to improve their own lot, and that of their communities. Could be anyone in the world. Thats it
[This message has been edited by John Voorpostel (edited 07-09-2003).] IP: Logged |
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pomeranj Serious Contributor Posts: 95 |
posted 07-08-2003 15:12
I would buy myself a new car, pay off the mortgages of my siblings homes, buy myself a new house myself, and, most importantly, spend the 25 to 30 million necessary to get my new business idea in the music industry off the ground. It is an idea that I have discussed with you previously called "American House Concert" and is a DVD/song publishing idea involving new and upcoming singer-songwriters, late night infomercials, overseas TV sales (Domestic TV in any form wants control and ownership, so I would have to direct market to consumers over here) and some other elements. Anyhow, my idea would be to take my money and win it or lose it, change the world as we know it. IP: Logged |
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VNORTH Serious Contributor Posts: 407 |
posted 07-08-2003 15:20
keep 1 & give 239 to those who need it more IP: Logged |
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DavidW Serious Contributor Posts: 535 |
posted 07-08-2003 15:28
Besides all the perks with material things And making my wife happy with luxurious makeovers with teeth, nails, hair. I would probably donate a lot of money to my old Boy Scout Troop and council who are financially challenged. Scouts is basically what kept me out of trouble as a youth many years ago. Scouts and my fathers big steel toe shoes that he use to kick me with on occasion. I also would set up a bunch of trust funds and scholarships for my old high school. And after a bunch of long needed vacations I would work hard at getting more out of town businesses to bring decent jobs back to our shitty economy locally which is now being infiltrated by scum bags and druggies. Locally I would try to do something good. I would also have time to write alot of songs
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DukeWill Serious Contributor Posts: 223 |
posted 07-08-2003 16:00
Pay all debts. Of course, set up family and friends. Buy the family farm back. Turn most of it into a wildlife refuge. Build an incredible house with a large ballroom for gigantic parties and home concerts. Buy every guitar I've ever drooled over, the most expensive grand piano money can buy, build a home studio and a few golf holes and driving range outside my bedroom. Donate lots to favored, struggling charities. Do something special for my hometown. Set up scholarships for hometown kids. Set up scholarships for musicians. Sponsor struggling songwriters. Sponsor a golfer on tour. Around my dream home, build other houses for friends and family, a commune. Establish a gigantic garden. The commune would be self-sufficient. Solar and wind power, etc. Start up and oil and gas exploration company. Because it's fun. Like digging for buried treasure. Go actually dig for buried treasure. Build a second home at a high elevation in a Western state where visibility is good for star-gazing. Build an observatory. Fly in interesting astronomy experts and cosmologists to teach me and a few friends about it. Buy a helicopter. And jet. Set up incredible home concerts with very talented singer/songwriters to be showcased. Also put on free concerts for my hometown with these same performers. Buy musical instruments for the schools in my town. Establish a speaking series for my hometown area and the speakers would be science-related, interesting stuff. Remodel my hometown's downtown. Start up several businesses so the town would prosper. Give the local golf course about $5 million to really make it shine. Start a foundation for farmers. Fund a foundation to raise awareness of cruelty to animals and help rid the country of stuff like dog fighting. Establish a venture capital company to fund interesting inventions. Take a two month vacation in Europe. See New Zealand. Take a six month vacation around the USA. By then, I have probably 100 mil left after taxes. Set up a foundation to do all kinds of humanitarian goodies. Damn, that's a lot of money! IP: Logged |
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Graham Serious Contributor Posts: 7508 |
posted 07-08-2003 16:03
Having only ever seen one of the several big winers i have know, do anywhere near like he said he would, I think I'll wait and see. Do hope I can be both sensible and charitable when it happens though. May even buy a ticket in one, just in case this is one of those spooky good luck messages we all get from time to time. Graham ------------------ IP: Logged |
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spiderlady Serious Contributor Posts: 1427 |
posted 07-08-2003 16:09
i would do what i could to resurrect education in this country; especially in the inner cities. then i would embed concert speakers into the worlds tallest mountains, and blast random noise music all day long. ------------------ [This message has been edited by spiderlady (edited 07-08-2003).] [This message has been edited by spiderlady (edited 07-09-2003).] IP: Logged |
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blakeh Lord of this Board Posts: 4459 |
posted 07-08-2003 16:15
Aside from debt, family etc... Pay for lessons from Tiger Woods. Go visit all the places i've wanted to see; Australia, Canada, Scandanavia etc. Start some type of college fund that would award full scholarships to certain individuals each year based on need; most likely some type of music scholarship Pay off Sara Evan's husband so I could marry her. (honey, i'm joking if you read this) Buy some existing music publishing company (a big one) [This message has been edited by blakeh (edited 07-08-2003).] IP: Logged |
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TheCiscoKid Serious Contributor Posts: 237 |
posted 07-08-2003 16:49
Okay, I'll play.. LOL $240 million would basically dwindle down to a paltry $120 million after taxes, thus it would be essential to place $25 to 50 million in as rock solid and income-producing investments as possible, so's to keep the fires burning. I suppose at some point the world would find out that I was wealthy, as rumor might spread beyond my little hometown of 250 people. This could possibly lead to a marriage opportunity, or at least several offers from a gold-digger or two... yet I would scoff and dismiss, and look for the girl who didn't care about the money.(she's very hard to find...trust me) Most of all, I'd have the time and energy and to look for one...knowing fully well that dating wouldn't bankrupt my ass as it has in the past. I'd finish my own home renovation, and then would likely buy another piece of ground in which to build my own home of homes. Not a huge one, yet a darned kewl one with tons of woodwork and one that would be extremely energy efficiant. I'd want a garage in which to work on antique vehicles, a woodworking shop of my dreams, a photography studio, a music studio, and probably a special shop for instrument making. The house doesn't matter nearly as much as the attachments! I'm not going to lie and say I'd give half of everything to charities, as I don't trust where most of the money goes with organized charities. I'd be charitable on a whim, and I'd shock people I both know and don't know with random acts of mind-blowing hand-outs and problem solving efforts...so long as I felt they were truly in need, or deserving....or at least friendly. Another huge project would be to expand upon the efforts of one Brian Austin Whitney, by creating a concert hall of concert halls which would sport all the talented musicians which would be regularly featured on my FM radio station NETWORK, purchased for a song from Clear Channel Communications, after I slaughtered their ass in court and bankrupted them into the fires of well-deserved hell. I think I've already run out of dream money, but if there was anything left, I might consider a good used car.
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Mike Dunbar Lord of this Board Posts: 1280 |
posted 07-08-2003 18:20
I'd probably opt for the immediate payout, which, I'm guessing is about half, so that's $120,000,000. I'd give $12,000,000 to my church and $8,000,000 to some other churches. I have no idea what taxes would take, for the sake of easy math, I'll say 40% leaving $60,000,000. We could pay off all our bills and live ridiculously on the interest of $5,000,000, That would leave $55,000,000. Ten million for each member of the family to direct as they see fit (with a "no debt" clause). the remaining $15,000,000 my wife and I could use to invest in our businesses. I would put together a studio/teaching facility and start a label. Hey, I'm going to stop typing and buy a ticket. ------------------ [This message has been edited by Mike Dunbar (edited 07-08-2003).] IP: Logged |
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redwriter1 Serious Contributor Posts: 1051 |
posted 07-08-2003 18:28
Ok, down to 125mill you say? Mmmm. good growth stock mutual fund would produce about 1.25 million in interest a year. That being said... I wouldn't buy a fancy car.. unless I bought back my 1963 Imperial because now I could afford the gas it guzzles.. haha I wouldn't buy a fancy house because it's just a place to put STUFF to impress people I don't like anyway.. (j/k) I would fund alot of instruments for schools, for any child who wanted to play one. (that almost seems sacraligious to me that someone wants to play music and can't afford an instrument.. GASP!!! I just can't STAND the thought of it!) I'd buy the biggest radio station I could afford in Nashville and play new music that PEOPLE requested it, not because how old the singer is, how well connected they are and how much payola is paid out. I would set up a huge insurance company like AARP for musicians/songwriters to be one big group and not have to worry that their family would be left broke. I would pay lobbyists to make "financial education" a mandatory subject in all high schools so that the credit card sharks and new car salesmen don't end up ruining people's lives 20 years later.. because NOBODY TOLD THEM HOW THIS STUFF WORKS!! lol Probably start my own Publishing company, a record label, stuff like that. oh, and I would give a ton of money to the Salvation Army who does such a fantastic job at what they do!! (plus their CEO doesn't make a couple mil a year themselves.. geesh) I would leave some money in trust for my kids that they couldn't touch until they were 40 years old.. (about the time we all "really" grow up)... oh and I'd buy my ex hubby a big truck.. (cus I promised him I would if I ever got a big check!) LOL Don't know what that says about me as a person... but I tried. (smile) (did I mention a Taylor guitar)?? LOL IP: Logged |
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TheCiscoKid Serious Contributor Posts: 237 |
posted 07-08-2003 19:05
Red, that's beautiful! After I wrote mine, I thought of something else you touched base slightly upon. I'd also like to volunteer as a Government investigator of all institutions of education, insurance, utilities, energy and health care, as well as the federal and state governments themselves, to expose all cases of malfeasance, public theft, misalocation of funds, and gross abuse of the public at large, performed through monopolistic power. I would consider this the ultimate hobby.  -Gary IP: Logged |
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carrgirl1115 Serious Contributor Posts: 1020 |
posted 07-08-2003 19:19
First of all, I would thank the Lord for His many blessings, and try to use the money for His honor and glory. I have some favorite charities that would benefit, but I would really like to help those who really need it -- the hungry, the homeless, those with extreme medical needs -- here in the USA first of all. I really think it would be neat to be an anonymous benefactor! As for myself, I'd like to buy lots of land where I could build a nice house with a beautiful view of the countryside -- and where my children could build homes nearby so we can all be together -- atleast within reach! I'd love to have an art studio -- drawing / painting was one of my first loves but was one of the things that took a back seat to marriage and raising kids (but no regrets!) I'd learn to play the guitar and the piano so I could eventually write music for my lyrics and actually be able to play one of my own songs! My husband would probably buy a golf course, or atleast buy a house on a golf course -- probably NC or SC. I'd just like to live a comfortable life and try to make some other people's lives more comfortable. ------------------ IP: Logged |
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Wirdaz Serious Contributor Posts: 1693 |
posted 07-08-2003 20:55
240 Million .... set up a trust that supported children's Charities. Gear it in such a way that the prinicple stayed so the funding went forever. IP: Logged |
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Idamarie Naelitz Serious Contributor Posts: 1490 |
posted 07-08-2003 20:59
HI Brian, I think, since I have never thought to have at my disposal so much money, I would have to take a long leisurely vacation so I could figure out just what to do with so much money. Then after sorting it out,and getting over the shock, I do know one project I would try to establish for sure after all my debts are paid and my loved ones are made comfortable. I have always wanted to renovate an old school or hotel in the country into a really nice, well staffed home for retired and needy musicians, singers and songwriters and show people. a place where they can live free and easy and play thier music together for each other any time they want to. If they already have a home they could still become members of the group and visit. The welcome mat would be out for all who wanted to come and enjoy the facilities. I would equip it with keyboards and guitars and whatever the people needed to make music, the latest sound equipment, including a small recording studio and a showroom with a stage. We would hold shows maybe once a month open to the public and families of the performers. I would call it something like Music Lovers Haven. I think I would staff it with up and coming young talent. Those who are interested in stage design, producing and engineering and so on-- Just a dream-- but, it could happen. It would give the young people a chance to learn from those who have been there and the older people would have a reason to live by helping the young succeed. A sort of generation gap, share the experience project. I doubt that there would be much money left for too much more than keeping a place like this going for a while. Of course, my husband and I would have the penthouse suite!! Then I could play the hostess with the mostest!! I would have a wardrobe of beautiful caftans and just lounge around all day and write and do music things with people who like to do the same. I know-- dream on, dream on!! Tough question!! IP: Logged |
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dhsongs Serious Contributor Posts: 1318 |
posted 07-08-2003 21:24
As a pact, I would split the money with my long time best friend and cowriter, Buddy Holcombe. He would do the same thing. After that, and after our families are taken care of, we have hopes of helping children. How and where to do that would take some more thinking. After, or along with that, we have talked about getting a cabin in the mountains for our recording and relaxing, (trying to get some indie films to score and record, and/or creating a music recording/showcase facility, much like Sundance does for film making hopefuls, so young bands have a place to learn, record, and maybe get noticed in the various surrouding clubs. The fact is, we really don't know what we would actually do, since we never had that kind of money of course, and don't know of all it's baggage that comes with it. We have hopes and dreams though. My first reaction was to say it's none of your business, since it's one of those things that usually gets that tag,,,,,money one makes or wins. But what the hey, it's not likely any of us will win that, nevermind me. I think I have a better chance of scoring a Ron Howard film, odds being what they are. At least I wrote him, so he may know of us. That money doesn't even know I exist! John Daubert, [This message has been edited by dhsongs (edited 07-08-2003).] IP: Logged |
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A1CWatton Serious Contributor Posts: 341 |
posted 07-08-2003 23:51
$240 million dollars huh??? I suppose I could say that I would take some of the money and disperse it amongst friends and family until all their debts are paid and they would never have to worry about money ever again. But, that wouldn't be true. I would help them out, but I wouldn't make their lives that easy. Where would be the lessons in life if they never again had to worry about adversity? They would learn to rely on me to bail them out and would probably quit their jobs. So, no.... I wouldn't give it to charity either. Most of that money doesn't go into the cause they're meant for, so why do it??? If you really want to help the homeless out, then build half a dozen shelters and offer food on a nightly basis. However, your money will soon run out. There is no financial return in such an endeavor. But you do feel really good about helping people. So, what would I do with all that money? Well, yes, I would give some of it to my parents. Half a million really. That would be enough for them to live comfortably for the rest of their lives. And it would be enough for them to invest and make a little cumulative return on their investments anyway. So, they wouldn't need more than that. I would probably do the same for my 3 brothers. So, that would only be $2 million out of the $240 million, leaving me with $238 million. Assuming taxes haven't been taken out yet. Which honestly, would actually leave you with maybe $120 million after the government takes their piece. So, in reality, after helping my parents out and my brothers, I would be left with $118 million. But guess what??? That was a monetary gift, so I would get a tax return on that anyway. Not enough to recover the full $2 million, but a substantial return nonetheless. I might buy a house or a car for my friends, but they wouldn't get a large monetary break like my immediate family would. So, lets say after all is said and done, I have $117 million left for ME. What would I do with that kind of cash??? First, while I am waiting to decide what I want to do with it, I would invest $20 million into stocks, bonds and mutual funds and stash the rest in a money market account. Now we're in business. Instead of the money sitting and doing nothing, it's working for me while I try to find the best way to handle it. By the time I do decide what to do with it, I will have colleced a little bit of interest on the stocks, bonds and mutual funds as well as the money stashed in the money market account. How much will I have after a year per se??? I might at worst be up to $125 million. On top of filing a tax return on my monetary gift. Maybe total for the first year of "not doing" anything with the money, I will have maybe $125.5 million After I've decided what to do with my money, I will take $50 million and disperse it amongst all my investment accounts...Gotta keep the money working. That leaves me with $75 million dollars. Why not start a record company or a miniature media giant? Be a financiar for a major film or "discover" quite a few of the world's next major music stars. Either way, you'll take a substantially large return on their careers. Even if you lose all that money in the long run, you still have the $50 million you left in investments working for you. Unrealized income until you transfer it into material wealth. Overall, no matter what I decide to do with the money, I will be smart about it. Greg IP: Logged |
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AKA JeanB Serious Contributor Posts: 275 |
posted 07-09-2003 00:23
LOL, I already answered this one on the songwriting board but I'll quote myself. I would help out the local Catholic Schools and nonprofit private schools (including mine) by providing funding for scholarships to those schools to allow needy children to go to those schools which would help ease the burden of the local school districts and give children who really want to learn the opportunity to do so. I would create a huge Fine Arts Education Organization which has a website with free downloadable videos, slide presentations, printable documents and illustrations and educational music to help teachers incorporate the Fine Arts into the curriculum and also integrate them into core subjects. There would be lesson plans inline with State Curriculum Guidelines. It would have positive discipline forums, idea sharing and a musical, visual arts, and drama gallery for students to show off their work. I would hire artists and musicans to help me with the organiztion and website. I would also hire software people to help me design free teaching software applications to be used in the schools. I would create as many jobs as I could within the organization. (Membership would be free and open to anyone who works with children.) I would also create a similar organization and website for religious organizations and make worship music and religious education music and artwork available at no charge. I would produce my secular music and sell that too but turn the profits over to other charitable organizations or to help fund the website. I would provide seed money to schools and organizations to create recordings as fund raisers. In economically depressed areas, I would work in a partnership with musical instrument companies to create an instrument lending program for students who can't afford to rent or buy one and hire musicians to give lessons once a week in afterschool music programs. I would also have an Arts outreach program to help at risk youth develop and use their talents in productive ways and if possible help with scholarship. Some of the money would be invested and the profits used to guarantee ongoing support for these projects. Some of the money would go to the projects above, some saved for my family, and of course a "certain" free music networking organization would receive generous funding as well to help achieve its goals. (I would also like to start a chain of small cafes or restaurants where musicians can get paid for gigs but also work there as a day job. It would also be a great opportunity to help at risk young people get their first real job. ) I would enlist the partnerships of companies to help me with this dream. After a few years of doing this and getting everything in place and working, I would find a place to retire to which has a nice vegetable garden and fruit trees and make delicious jellies and jams to give to my family and friends. (I already helped them so that's all they are going to get for Christmas). Except my grandchildren and grand nieces and nephews, of course, LOL. ) I would have a little cottage for myself and adjacent to that a recording studio and art studio and a huge guesthouse for my friends and family to stay in when they visited me. Hmmmm, maybe two big guesthouses. Hmmmm that would be a pretty neat place for artist in residence programs and Fine Arts retreats. Hmmmm and maybe a vacation place which has free or low cost Fine Arts camps for kids. Hmmmm. Kind of sounds a little like Sundance. LOL. Doesn't sound like retirement either. Oh well. It would be cool though. Then I would die and face my maker with confidence that I had been a good steward of the gifts I had been given. JeanB Oh and I would hire a homemaker to keep house for me and pay him or her very well and include a retirement plan and health benefits so I won't have to do housework ever again. IP: Logged |
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Sunny Serious Contributor Posts: 2787 |
posted 07-09-2003 02:28
Even after taxes, that is just waaaaaay more than I need. However, since I cannot wait to retire, first off I hire an investment counselor/money manager, and invest a good portion in safe investment vehicles (perhaps a tax-free bond?), and then I would submit my resignation. Once that is out of the way, a dependable new car would be on the list. I have no desire for a large SUV, but would like something that would last me awhile....sporty, of course. And someone to come in and finish up my house so it is ready to sell...oh, yeah, and someone to do the heavy yardwork and housecleaning that I cannot handle. Those are just basics. of course. A portion of the proceeds would definitely be earmarked for charity (ies) which would be chosen after a reasonable amount of research to make sure those who need the funds would be the ones to receive them. I would buy a cottage by water somewhere warm, where I can write full-time and enjoy the sunshine and water....that always inspires me. And the rest would be available as needed.....like for trips to Nashville. Basically, my needs are not great. I just want to be able to eat and write, have a reliable car to drive, a roof over my head and never have to shovel snow, rake leaves, or heft 40 lb bags of topsoil again. After that, I'd like to make the rest of the world happy. Then again....I could earmark a portion for payola and get my songs on the radio.... [This message has been edited by Sunny (edited 07-09-2003).] IP: Logged |
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joro Serious Contributor Posts: 685 |
posted 07-09-2003 04:22
well............ you can't win if you don't play....
We shall see tonight I suppose.. IP: Logged |
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3daveyO3 Serious Contributor Posts: 430 |
posted 07-09-2003 05:24
MMMMM.... There's alot I'd try to do. I'd make sure I set some behind for the golden years. First, I'd quit my job and have my wife quit hers so she can finally start doing the things she's always wanted to do. Then, I'd make sure my wife and I were debt free. Then I'd travel with my wife to a few places we'd like to see. I'd make sure my family members were set. I'd help out some local musicians and artisits that need that extra push to get over the hump. I'd absolutely make sure that the local city schools that are the first to have music and art programs cut have money to keep those programs in place. And for me, I'd use some of it to establish my own label better, make sure my CD's are better distributed, hire the right people to take care of all the details, and I'd buy a nice bus or RV to travel this country and Canada for starters, and perform as much as possible. Davey O. IP: Logged |
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Sk8boi Casual Observer Posts: 16 |
posted 07-09-2003 05:32
I would use it to anonymously touch the lives of strangers. There is nothing in my own life that I need to change. IP: Logged |
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enuf2Bonyrwayne Serious Contributor Posts: 102 |
posted 07-09-2003 06:02
As sk8boi says I would use it to anonymously touch the lives of strangers. It's waaay more than I or my family could ever need or spend. After that there are just way too many worthy people out there. So, anonymously, I would help wherever I could. ( after putting the money in funds that would ensure this charitable well don't run dry any time soon) Now, how about we get big business thinking along the same lines. Reckon that'll happen any time soon? Take care, all. [This message has been edited by enuf2Bonyrwayne (edited 07-09-2003).] IP: Logged |
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Sngwrtr51 Serious Contributor Posts: 93 |
posted 07-09-2003 07:35
After paying off the debt's of family members....I would put a big addition onto my current house and build a world class studio. If that didn't work, because of zoning laws, I would see if the house in my town that at one time had a beautiful studio in it was for sale. As a last resort I would just build a new house in the same town. Of course I would have to get my cat's permission first since, as any cat owner knows, it's really her house. :-)
I would probably leave my day job, but offer my services as a consultant since I really like the company and the people. I would have to buy a car, since I have a company car now. Nothing fancy, maybe a Dodge Intrepid. I would perform random, anonymous charitable acts. I would make a one time donation to my town (amount undetermined)so that they would stop proposing tax overrides every year. I would also try to help out the fixed income elderly whose property tax bills are forcing them out of the town. Mike IP: Logged |
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Shandy Serious Contributor Posts: 330 |
posted 07-09-2003 07:56
Hmmm... Strangely enough, I think I'd keep my little house here... however, I would add a library wing, stocked with literature from Petronius up through, say James Joyce. Arranged chronologically. After a few days of reading, I get the studio going. Nothing huge, but lots of toys for me to play with. Aside from my own projects, the studio's primary function is to record all of these high school garage bands springing up that could use a decent demo. When I was in school I would have killed to have a decent demo. Maybe one band/artist a week, from just about anywhere, as long as they can make the drive. For a free demo, kids will drive from anywhere, I suspect. It's not half as selfless as it may sound, as I love to record anyone but myself, and some of these kids are pretty good. Plus, I'd build up a pretty good locals collection. After that, I'd buy Ozone a copy of Leonard Cohen's The Future CD, which I've been meaning to do for years, but haven't gotten around to it. And when he gets that house built in a couple years, I'd have to put in some decent guest quarters so I wouldn't have to drive so far just to get a beer and a lyric critique. IP: Logged |
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Shandy Serious Contributor Posts: 330 |
posted 07-09-2003 08:05
Oh yeah-- I'd buy a ****load of JPF hats & shirts. **whew**
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Ryan Gunnin Serious Contributor Posts: 53 |
posted 07-09-2003 08:13
$240 million-50% for taxes leaves $120 million. Mine is easy. I have two brothers and my wife has a sister. I'd give each of them and our parents (five couples total) $4 million to do with as they see fit. That would leave me $100 million. I think I could live on that. Set up trust funds for my 3 kids of $5 million each , not to be touched until they graduated college and worked for at least 2 years in their field of expertise. Everybody needs to know what it means to work and pay bills. Leaving me with a meager $85 million. Of course then there is the house and cars. The next step would be to establish a music company, recording/publishing/promotion. Look for raw talent, and develop it. Oh I almost forgot, I'd give a bunch to the Fayette County Youth Football Association and make them designate part of it [This message has been edited by Ryan Gunnin (edited 07-09-2003).] IP: Logged |
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babyblue Serious Contributor Posts: 146 |
posted 07-09-2003 08:32
I would hire some scientists to figure a way for when I die I could take it all with me! hehe Kidding! Who really knows what one would do until it happens. Look at all the Lottery winners and you'd be amazed at how many are broke now because of mismanagement. We all like to think we wouldn't change our way of living.....I think that would be nearly impossible though. So...what would I do? I'll let you know once I win! *S* IP: Logged |
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Melissa Serious Contributor Posts: 90 |
posted 07-09-2003 08:40
What a great question Brian.. I would setup a music fund for under privledged kids. I would also donate money to my local school system to keep up and improve the music programs. IP: Logged |
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Kaley Willow Serious Contributor Posts: 3218 |
posted 07-09-2003 09:07
Oh this is fun........ Let's see.... I'd give first to the Church..... (and I'd hire someone....to do laundry... and...I'd find out if the little fellow Help a gal friend....with her miserable and... I'd help a friend of mine with and buy another friend...a lifetime....of Help my niece with Veterinarian School and...add to my kids college and trust funds Help some family members...who need financial help..... Buy my son a new trumpet.... and as my husband's job after 36 years... well that was fun......hmmmmm...did I see happy spendin everybody...... IP: Logged |
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greydog Serious Contributor Posts: 6470 |
posted 07-09-2003 10:19
Well, two hundred and forty million just don't go as far as it used to. If I take a cash payout, you start by realizing it is only one hundred and twenty million. Then you lop off a third for taxes and we are down to a very managable $80.5 mil. Five mil to each of my two children leaves 70.5. Three to my sis and her two children leaves only 67.5. Seven point five is enough for Bobbie and I; so that leaves 60 to play with. There will probably be set up and administration costs of about two million, but I would set up a tax sheltered foundation with several goals. 1. To encourage, foster and reward creativity in children...8 million. dawg IP: Logged |
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bob young Serious Contributor Posts: 2471 |
posted 07-09-2003 12:52
I'd hand it to my wife and then cast some longing looks at a couple of guitars hoping that she and the other folks at Morgan Stanley have designed a plan that leaves me a coupla' grand to mess around with. Bob(you probably think I'm kidding) Young IP: Logged |
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RWJames Serious Contributor Posts: 44 |
posted 07-09-2003 13:23
Probably nothing new here, everything has pretty much already been said. Like a lot said, I would first give a chunk to my church (we need to rebuild our 140 year old sanctuary where my daughter has always wanted to be married, and instead is getting married in a gym). I would give my mom all that she needs to finish her life in comfort. Being a notch baby in the current economic environment has been very hard on her. It has always bothered me that artists can not be financially appreciated for what they contribute to mankind as a whole. I would set up some kind of foundation for the performing arts. But really, I would be kind of bothered that I didn't make the money by earning it. Not that I wouldn't appreciate it! But I really want to be successful and for my family to proud of me, and that doesn't always equate to dollars. Sorry, I know it sounds lame, but that's how I feel, IP: Logged |
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redwriter1 Serious Contributor Posts: 1051 |
posted 07-09-2003 15:29
I see we have a couple of "future" Mr Anonomous's here.... (wink) IP: Logged |
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jim_47960 Casual Observer Posts: 7 |
posted 07-09-2003 16:00
All of your ideas on how to spend the money is interesting. I would creat a sientific research center for the Research and development of Urinary Disorders in Intensive Pig Herds. This is very important to me, cause I eat lunch meat. Kidney and bladder infections were determined to be major causes of sow death in many countries. Thus causing the price of pickle loaf to increase in price as a reflection of. Most factors precipitating urinary tract disease are unknown; however, water deficiency has been implicated as a major contributor. It makes you wonder what that jello stuff is in canned ham. Ive noticed that my veinna sausage isnt what it was, when i was younger. And, I would get a watch, with moons and suns on it. IP: Logged |
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bayoufantasy2 Serious Contributor Posts: 926 |
posted 07-09-2003 19:41
i would invest 50 million in secure funds to draw interest for the future to live on. i would invest a million each for all my family that would begin paying a stipend after the first year so they would never have to worry about working again. st. judes has always been a favorite of mine so they would see a nice sum. i would competitively bass fish again. i've always wanted to visit tahiti and bora bora. buy a set of titlist golf clubs. need a chevy tahoe to tow the boat. with the ungodly rest of the money??? maybe i could finally pay someone to make demos of my lyrics!!! scotty
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DavidW Serious Contributor Posts: 535 |
posted 07-09-2003 20:20
Just a note that the Powerball is up another 10 million to 250 million now. David IP: Logged |
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Herbie Gaines Serious Contributor Posts: 65 |
posted 07-09-2003 20:56
I believe almost every sane thing has been already put out there, so I'll give my opinion on the best answer so far!!! DRUMROLL........And the winner is....... Greydog!!!!!!!!! Here's why Finding alternative energy sources and purifying sea water are 2 of the greatest things that could happen to humanity. At the current pace we are using oil, we are going to eventually run out, and it is also polluting our world! As the population increases fresh water will be in shorter and shorter supply (it is now in alot of the world). There is speculation that the next world war will be over water supplies. If the oceans could be used, that would be incredible. These two discoveries would be the greatest help to the human race to survive for thousands more years (hopefully). He would be my winner because these ideas are also unselfish. He kept just enough for himself and his family. Congrats, Dawg [This message has been edited by Herbie Gaines (edited 07-09-2003).] IP: Logged |
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ShadesofGray Casual Observer Posts: 31 |
posted 07-09-2003 21:37
Great question Brian, I would start a non-profit organization to bring back creative/artistic learning to children on a community-based level. Since the lack of decent arts based education is so greatly lacking in schools today, it would be my plan to have centers that could supply the tools and teachers to teach children about all forms of art. A safe place to learn and perform. I've been working on the plans for this for years (and it's one of the biggest reasons I hope to become a financially successful recording artist). Hitting the jackpot would just make it soooo much easier to get the ball rolling! ------------------ http://www.mp3.com/colleengray IP: Logged |
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Liszt Laughing Serious Contributor Posts: 93 |
posted 07-09-2003 23:00
To be honest - I have no freakin' clue...but I did buy a ticket
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frimpy Serious Contributor Posts: 172 |
posted 07-09-2003 23:13
Jeeeez!!!! I'm late in this discussion.,., Alot of very nice thoughts here.,., I suppose after I've made sure my family and friends were well taken care of and I donated a few million to my favorite children's wellfare charities - I'd start my own "Music Records"....... For my MR label, I'd hire the best staff I could find who really care about the music (this would be NO easy task) and sign artists of any genre, any age, with any look, from any country as long as their music was GREAT and it came from the heart.,., Then I'd outbid whoever said they'd take over a Clear Channel entity and have "Music Radio" where all my artists would be played, worldwide... Then start my own "Music Video" TV program and do the same.. Man - I don't think the world would know how to react.. There would actually be some good music out there getting attention from the masses! With the last hundred dollars I had left I'd buy myself a great bottle of red wine, sit back, laugh my ass off, and log on to JPF to tell you all about it!!!!! Cheers! IP: Logged |
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Harriet Ames Serious Contributor Posts: 1746 |
posted 07-09-2003 23:29
Had to think about this for a while.......and I still don't really know (not that it is a problem, since I didn't buy a ticket) Years ago I said I would take a goodly amount of a millions dollars and use it to travel around the country (or world) and visit all those friends and relatives I never could afford to see. (or pay their way to come see me) I have a few more destinations now, but woould still be able to cover them easily with that much money. After taking what would be a small portion to take care of family needs and whims, I would set my husband up with a state of the art laboratory so he could do the research he's always wanted without having to spend half his time pursueing grants and writing up justification reports. Once upon a time I also wanted my own studio. Now......all I want is to be able to get into someone else's studio and record a CD (or three ) and leave the finished product in the hands of someone who really knows the ins and outs of recording and arranging. (a little humbler now)And of course, I have my own list of charities, like Habitat for Humanity, and programs that teach farming techniques and such to low income villages. Beyond that, would probably save or invest a great deal of it, so it could be doled out when an unexpected need arose. ------------------ IP: Logged |
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roadrash Casual Observer Posts: 4 |
posted 07-10-2003 09:49
I'd buy a house with a large room that could be used as a studio, throw all my furniture away and buy new, a car for me and for the wife .... then I'd invest in my website and quit my job; thus, allowing me time to record music and work on Garage Radio 24/7. on a more personal note I'd put my kids in a private school and bank the rest of the cash! IP: Logged |
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Al The Pal Lord of this Board Posts: 447 |
posted 07-10-2003 10:51
Go Fishing........... IP: Logged |
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dhsongs Serious Contributor Posts: 1318 |
posted 07-10-2003 20:06
Ha! I forgot to get a ticket anyway! I think Buddy did, but he never yelled from next door. Guess I wasn't meant to have it, or to at least spend that buck on something else! John IP: Logged |
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Emily Sanders Serious Contributor Posts: 407 |
posted 07-10-2003 20:30
WOW... There are some really interesting things here. Hmmm....what whould I do if I won? I would give lots of money to research organizations for cures for cancer and AIDS. I would start an organization that helped poor and/or uneducated people aquire skills so that they could get better jobs. Last - I would give money to public education - especially music programs. ...I could go on and on... Emily IP: Logged |
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Ray and Verell Thyer Serious Contributor Posts: 1440 |
posted 07-11-2003 00:28
G'day Brian, I saw this the other night just before I laid my head on my pillow and didn't get around to reponding to it until now. I know exactly what I would do if I won that much money...I would hire the best lawyers in this country and take up a matter against a certain bank to right the wrong done to my family and me. NO- I don't want revenge, I just want to set the record straight and create a 'Legal Precedent' to help the many thousands of families who have, since the world wide financial crash of 1988, lost their family homes and businesses to a bank in Australia. If ever I succeeded in doing that I would know that thousands of mothers, fathers and families will never in future times come to suffer the hell and pergatory that such an event makes on their lives and if there is any money left I would set myself up in business again and create a trust fund for my family and for those most in need of shelter and sustanance and probably through a church. Revenge is not sweet but the fruits of revenge in this instance would be everlasting. Now that makes for a nice thought to sleep on tonight. best wishes,Ray in Australia. [This message has been edited by Ray and Verell Thyer (edited 07-11-2003).] IP: Logged |
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bayoufantasy2 Serious Contributor Posts: 926 |
posted 07-11-2003 09:44
well, i didn't win it!! so much for my demos!! LOL scotty
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