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A really big one? After paying off the bills and hiring a financial advisor with no power of attorney, I'd take a few million and vanish into Las Vegas or some other modern Sodom/Gamorra and do things that would shame the average person into a bush induced stroke till the pocket money ran out.
Then I'd spend a week or ten recovering in a bungalo on Maui, and finally, maybe I'd do something productive with what's left. This is assuming a final in-pocket payout of at least 15 million. |
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I think I would still be happy, even if I had millions of dollars.
As I've said before, this is all speculation, because until a person has the opportunity to live something, they can not KNOW what they would do. (To KNOW something is to say it is an established fact that can be known, and until it becomes established fact that a person has won the lottery, they do not KNOW what winning the lottery is like or how they would behave). That being said, I'll play along. I think I would: - Set up a trust. With a prize of $20 million, you could take $1 million out to play and have fun for a year, invest the balance, and never ever touch the $19 million. At the end of every year, pull out the dividends, minus inflation, and do what you like with your time. Maybe leave a little extra behind just to be safe. Any investor worth their weight in salt should be able to generate at least $1 million per year, clear and free. I guess I've hit the point in life where time is worth more than money; so I'd use the money to make the most of my time. - semi-retire. Pretty sure I'd continue working part-time, probably a few months per year. Just do some contracting work for a couple companies I enjoy being around. - Coach more kids teams. I do this about 8 months per year now. If I didn't have a real job, I'd do it year round. - Agree with jrkeller; give lots away. Probably give a bunch to Girl Scouts, cancer research for children, set up some endowed scholarships for female athletics in my area, etc. Course I might spend most of it on fast cars, wild women and top-shelf alcohol; and putz away the rest on less *useless* items. I'll find out if I ever get tempted by say, . . . winning the lottery. EDITED TO CHANGE USEFUL TO USELESS IN LAST PARAGRAPH.
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Don of Borg - Cool, Calm, Collective. "Within the next generation I believe that the world's leaders will discover that infant conditioning and narco-hypnosis are more efficient, as instruments of government, than clubs and prisons, and that the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley Last edited by farmerjumperdon; 24-February-2006 at 05:16 AM. |
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Don of Borg - Cool, Calm, Collective. "Within the next generation I believe that the world's leaders will discover that infant conditioning and narco-hypnosis are more efficient, as instruments of government, than clubs and prisons, and that the lust for power can be just as completely satisfied by suggesting people into loving their servitude as by flogging them and kicking them into obedience." -- Aldous Huxley |
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I guess it depends on how quickly I can change my phone number to something unlisted.
Semi-seriously, my tastes are relatively frugal in the grand scheme of things. There's a point after which money has no further use for me. I can't imagine what I'd do with much more than 250K/year. So, I'd set up a pair of trusts, one that is risk-adverse from which I draw my minimal expenses. Another trust which is more aggressive from which I draw my fun money. A back-of-envelope wild guess suggests 50 mil is enough to cover my most extravagant needs forever. I'd take 100 mil of what's left and spread it around my family (all three branches) and friends. My "worthwhile" time would be spent doing some philanthropist thing or another. Thinking back to the time I'd been ripped off by a defense contractor, I'd be tempted to set up (and run) some charitable organization that does troubleshooting for the lack of a better term. Something to help whatever "little guy" abused by the system (corporate or government), having fallen through the social safety net, and have no recourse for relief. Perhaps a lawfirm with decent lawyers who would be willing to settle for a comfortable salary so they can concentrate on referred pro-bono work. One way or another, BAUT would have guaranteed hosting for as long as Phil and Fraser want to run the place. And JREF would be rubbing Sylvia and Uri's noses in a 10M prize rather than just a 1M prize.
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In Fallout 3, 'happiness' is a warm junkyard dog and a loaded gun. It's mostly the loaded gun. - Moose's one-line review. "your going to regret that one. You are now a colonoscope... - Chrissy, corrupting PraedSt's wish. |
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I'm an experimentalist, I need to determine the answer experimentally. I am looking for funding for my research; I believe $25 million should be enough. I promise to have a published report on my relative happiness within two years of receiving full funding.
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At night the stars put on a show for free (Carole King) One Earth, One Sky - IYA 2009 |