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$363 MILLION: Mega Millions lottery jackpot raised due to heavy sales

Topic closed. 421 replies. Last post 5 years ago by Jill34786.

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United States
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March 25, 2011
505 Posts
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Posted: March 27, 2012, 12:43 am - IP Logged

Both my husband and I are involved in the financial market and we trade for a living. Neither one of us consider this work and there is nothing else we would rather do. We work from home and also have a 3 year old son whom we spend plenty of time with.

If we were fortunate enough to win, there would be no reason to stop what we enjoy doing as we would just re-evaluate our goals and move forward.

sure jill, obviously you have no concept of how much 363 million is. you and your husband couldn't handle it despite your investment knowledge. you would be spending 20 hours a day just trying to keep track of all these investments you would have to make. what your're proposing to do would work if only you won say 5  or  6 million.  you would be fleeced and you know it by all these unscrupoulous people you deal with.

    Nikkicute's avatar - nnjx1k
    Wisconsin
    United States
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    February 17, 2012
    3084 Posts
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    Posted: March 27, 2012, 12:49 am - IP Logged

    Your identity is not going to made public if you don't want it to. No, I'm not going to tell the LPC I won. You all are cool, but I won't do it.

    Why not? Would you at least in your statement give a shout out! lol

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      Ga
      United States
      Member #120454
      December 20, 2011
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      Posted: March 27, 2012, 12:55 am - IP Logged

      I might give one anonymous exclusive interview, just to see peoples reactions to my plan.

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        United States
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        February 6, 2012
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        Posted: March 27, 2012, 12:57 am - IP Logged

        Your identity is not going to made public if you don't want it to. No, I'm not going to tell the LPC I won. You all are cool, but I won't do it.

        Pretty sure your identity has to be made public. I believe we have covered this many many times on here. If you recall the last person that tried that walked away with nothing. So Simba774 should you have the good fortune of winning, we will know who you are.

          Arrowhead's avatar - underground
          Ohio
          United States
          Member #120754
          December 27, 2011
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          Posted: March 27, 2012, 1:03 am - IP Logged

          finally, someone who realizes that they will be much happier with a 6.3 million payday than all the headaches you will get by winning an unmanageable amount that this megamillions would deliver. i hope that there are 20 winners tomorrow to end this foolishness. no one needs that much money. it would absolutely ruin your life.

          Well, Faber, I didn't win Ohio Classic, so I'm taking the chance on my life getting ruined.Wink

          All kidding aside, in some ways I completely get what you're saying. And I believe there have been a few large jackpots historically gone unclaimed because people realized they won and knew they couldn't handle it. And those jackpots were nowhere close to this one.

          Still, there's so much good that can come out of this windfall. One (and I would) could easily give half away to charity, family, friends. Set up dozens of college scholarships. Donate to churches, school districts, libraries, and upgrade facilities there. One of the best stories I recall was a recent West Virginia winner (no, not Jack Whitaker, although he donated alot as well despite his personal tomfoolery) who bought the town he lived all new fire and police vehicles, equipment and the like.

          Faber, you could have a school building, library, stadium with your name on it, built because of your generosity. That'd be worth a helluva lot, I'd think.

            myzeus's avatar - Apollo
            Ohio
            United States
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            March 24, 2008
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            Posted: March 27, 2012, 1:09 am - IP Logged

            I got my $10 in quick picks....I want to win!

            Sandy

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              Republic of Texas
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              Member #57557
              January 9, 2008
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              Posted: March 27, 2012, 1:13 am - IP Logged

              I agree as well. Can't imagine anything worse than being worth $160-180 million (depending on your state) after taxes and dealing with renters and their multitude of issues. For cryin' out loud, you've already made your money. Park it in tax-free munis, short-term bonds, buy some gold if you want, but 90% of it should be safe and simple. It's the clowns who try to be the next Trump that'll end up on Lotto's Biggest Losers show in the future.

              Um, why keep it all to yourself when you can employ people and invest back into the economy. Yes, munis, bonds, etc are investing back into the community, but those are not the only options. No one is saying they will be the next Trump. They only wish to contribute to society. If someone wishes to continue working and growing their money, who are you to judge them?

              face

              singlewinnersinglewinnersinglewinner   

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                Republic of Texas
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                January 9, 2008
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                Posted: March 27, 2012, 1:14 am - IP Logged

                Pretty sure your identity has to be made public. I believe we have covered this many many times on here. If you recall the last person that tried that walked away with nothing. So Simba774 should you have the good fortune of winning, we will know who you are.

                You are a scary dude, and the main reason for lottery winners to remain anonymous as possible.

                face

                singlewinnersinglewinnersinglewinner   

                  Arrowhead's avatar - underground
                  Ohio
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                  December 27, 2011
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                  Posted: March 27, 2012, 1:18 am - IP Logged

                  Um, why keep it all to yourself when you can employ people and invest back into the economy. Yes, munis, bonds, etc are investing back into the community, but those are not the only options. No one is saying they will be the next Trump. They only wish to contribute to society. If someone wishes to continue working and growing their money, who are you to judge them?

                  Um, see my above comment to Faber. I'd give plenty of it away and in the process create employment. It's not a judgement, it's an opinion.

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                    March 20, 2012
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                    Posted: March 27, 2012, 1:21 am - IP Logged

                    With this type of money, it would be all about doing the things that I deem fun, the things I have always wanted to do. I've always wanted to develop a video game. I've been writing a screenplay for the longest, and I either want it made into a video game or a TV series.

                    Investing into stocks and all that is a big no-no for me. I just won 170 million dollars(after taxes), I can easily put that money in the bank and make millions upon millions a year in interest. I have no interest in becoming a billionaire just for the sake of it. If it's something that happens with my video game series or tv series taking off, then so be it, but it wouldn't be about the money.

                    Also I would do everything in my power to get my favorite tv show back on the air. I absolutely hate it when networks cancel my favorite shows!

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                      Republic of Texas
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                      Posted: March 27, 2012, 1:24 am - IP Logged

                      Um, see my above comment to Faber. I'd give plenty of it away and in the process create employment. It's not a judgement, it's an opinion.

                      For cryin' out loud,  you've already made your money

                       It's the clowns who try to be the next Trump that'll end up on Lotto's Biggest Losers show in the future.

                      Sounds judgemental to me.

                      Good for you wanting to give it all away like that. But IMHO giving money away does not create jobs. Give a man a fish, he'll eat for the day. Teach a man to fish, and he'll eat for life. Not judging you, but giving my opinion.

                      face

                      singlewinnersinglewinnersinglewinner   

                        Arrowhead's avatar - underground
                        Ohio
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                        December 27, 2011
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                        Posted: March 27, 2012, 1:34 am - IP Logged

                        It was a response in agreement to what a member said, who was in agreement with another member. Basically that renting was a headache and if you had this kind of money, who needs that kind of headache. An opinion. Let's put the drama to rest, shall we?

                        And I didn't say I'd give it ALL away, but I could give a helluva lot away, in a manner that would directly benefit people. If someone is building a facility for a town or a school that needs, it, that's not contributing to employment in that community?

                          Jill34786's avatar - Lottery-006.jpg
                          Windermere, FL/Franklin, TN
                          United States
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                          March 1, 2007
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                          Posted: March 27, 2012, 2:19 am - IP Logged

                          sure jill, obviously you have no concept of how much 363 million is. you and your husband couldn't handle it despite your investment knowledge. you would be spending 20 hours a day just trying to keep track of all these investments you would have to make. what your're proposing to do would work if only you won say 5  or  6 million.  you would be fleeced and you know it by all these unscrupoulous people you deal with.

                          faber98, the net cash payout after taxes would be roughly 170 million while that is a substantial amount of money it's still less than half of the 363 million jackpot. I believe we are well equipped to handle it. Unlike what the far left and this current administration wants you to believe not everyone in the financial field is crooked. 

                          Many of the "unscrupulous people" you referred to are dear friends of ours and the majority of them are loyal and honest while having the utmost integrity. My husband traded futures and commodities at the CME for over 15 years and is a former partner of a successful hedge fund with over a billion under management so yes I KNOW he is more than qualified if we were to win.

                          Odds are we won't win anything as usual but we will continue to enjoy life. BTW, we already have a sizeable investment portfolio, both our homes are paid off and we have no debt. 

                          The next time you assert that someone has no concept on the value of a large jackpot or are ill equipped to handle it, I suggest you know a little more about them prior.

                            Nikkicute's avatar - nnjx1k
                            Wisconsin
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                            February 17, 2012
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                            Posted: March 27, 2012, 2:56 am - IP Logged

                            how much of the jackpot if you win will you out right spend on things like cars, homes, jewelry, electronics and other such toys.

                            I don't know...how much does a convenience store cost?

                              ttech10's avatar - blobdude
                              Texas
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                              June 5, 2010
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                              Posted: March 27, 2012, 3:31 am - IP Logged

                              I think I'd be happy winning this even if I had to split it with 9 other people.

                                 
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