What can I do with $9,000,000 after tax?

Reply #19

Coin Toss — Sat, 05 Nov 2011 21:45:53 GMT

A couple of years ago a guy who had just got a degree in contitutional law called in to a talk radio program as that was the topic. He said the one thing they never studied was.........the consitution

Reply #18

rdgrnr — Sat, 05 Nov 2011 21:10:16 GMT

A Doctorate? Do you really think they could pay attention for that long?

The Constitution is a very simple, straightforward document, telling the feds exactly what they're allowed to do and what they're required to do.

But they like to twist it to suit their agenda or ignore it completely.

Thomas Jefferson would be calling for armed insurrection were he alive today and seeing what this administration is doing.

Reply #17

psykomo — Sat, 05 Nov 2011 18:32:45 GMT

this band would be baned (in sum states)

(NOTE: THE ABOVE IS A CORRECTION of THE ABOVE

Reply #16

psykomo — Sat, 05 Nov 2011 05:36:33 GMT

WE GO 2 IREELAND SCOTLAAAAAND ALL D TIME

THIS BUTT WOULD BE BAND wake^^^^^^^UP STUPID AMERICANS

WAKE UP

Reply #15

gogidolim — Sat, 05 Nov 2011 04:52:43 GMT

Man, then you should pay for the whole doctoral degrees. I just did some research and the study on the Constitution is pretty snip huge. No one can really master the Constitution in a single class. Heck, IT SEEMS THAT even four years won't be enough!

Anyway, I agree with you about the federal government. Sometimes federal law and state law are completely in conflict, and federal law wins over the state law. That's just wrong. I've had some friends who were in the wrong side of the law and I... [ More ]

Reply #14

rdgrnr — Sat, 05 Nov 2011 04:43:10 GMT

We don't have to get rid of the federal government.

We just need them to abide by the Constitution.

They have no authority to throw us in jail or fine us if we don't buy health insurance.

They have no authority to tell us how much water our toilets can hold or how much water our shower heads can put out.

They have no authority to tell us what kind of light bulbs we have to buy.

Don't get me started.

The things they do have authority over and an obligation to do, like securing o... [ More ]

Reply #13

gogidolim — Sat, 05 Nov 2011 04:18:15 GMT

Probably we should shut down to federal government completely and get rid of the federal tax completely. Shut down every federal function and get rid of all the federal stuff. Frankly I have no idea what will happen after that.

Reply #12

psykomo — Sat, 05 Nov 2011 02:22:59 GMT

thank you everyone on this POST::

though D if I won $(,00)ZILurllions4oowhattaaaaaaaaa FIFTY/CENT's ISSUE was OVER!!!!!!!!!!!!!

it appears we have we ALL have more ADVICE than $$$$$$$$$$$$$$$$$$$$$$MONEY!!!!!!!!!!!

HAS this wonderful person WON D MONY (mutual of NY)???????????????????YET?????????

LET's all help OUT a G@@D lottery post member in NEED!!!!!!!!!!!!!!!!!!!

lot's of luck (1) KEEP U$ POSTED $$$$$$$

(2) KEEP U$ WINNING

Reply #11

rdgrnr — Sat, 05 Nov 2011 00:08:47 GMT

I'm glad you're not getting a personal jet cuz the President has declared personal jet owners the enemy of working people. He wants to heavily tax them as punishment for having been successful and having too much money as a result.

Those evil successful people need to be punished. Who do they think they are, anyhow? Why can't they buy us jets too?

I feel like occupying something till they give me some of their money.

Anybody got a big drum I could borrow? I wanna beat on a drum till I g... [ More ]

Reply #10

gogidolim — Fri, 04 Nov 2011 03:35:44 GMT

Yeah, I know. But Mac Mini isn't powerful enough.

The reason why I mentioned iMac was I couldn't think of anything else. I won't buy a house. I already have a OK family sedan which is new. I already mentioned that I will pay for my siblings' student loans and my parents' mortgage. I am not gonna buy a personal jet anytime soon, even with millions of dollars.

Reply #9

markp1950 — Fri, 04 Nov 2011 03:29:53 GMT

You can get a Mac Mini for $600 and use your keyboard and monitor.

Reply #8

Coin Toss — Thu, 03 Nov 2011 22:19:47 GMT

gogidolim,

Maybe before you seek a CPA to help you with money yet to be won you could get a nice suite at the Institute for the Lottefy Insane. A lot of the residents got there that way.

iMacs aren't cheap, but do you really need to win $9,000,000 to get one

Reply #7

Epistrophy — Thu, 03 Nov 2011 21:47:22 GMT

It's still a lot of money, but just for the record, the $17M and its $12M cash payout is $7.8M after taxes instead of $9M.

The difference is because you would be in the 35% instead of the 25% tax bracket. Unless you try the Steve Martin routine on the IRS and say, I forgot that I received a check for $12M this tax year - well, excuse me.

Reply #6

s5thomps — Thu, 03 Nov 2011 20:48:48 GMT

I will let you know when I win. As far as the hedgefund as long as MADOFF is not involved you should be fine

Reply #5

rdgrnr — Thu, 03 Nov 2011 18:31:22 GMT

Party with a bunch of good ol' boys in the backwoods of Tennessee.

Reply #4

sully16 — Thu, 03 Nov 2011 16:42:52 GMT

Spend it.

Reply #3

psykomo — Thu, 03 Nov 2011 08:17:50 GMT

Thank's 4 this GREAT POST QUESTION ????????????????????????????????????????

(1) GET UR HOT fingers on this $9,000,000 (after taxes) FIRST of ALL!!!!!!!!

(2) LET UR sister's brother a CPA have a crack @ the $9,000,000 don't FORGET UR cousins hubby

he's big in HEDGEFUND's right on get him involved SECOND of ALL!!!!

(3) LAST but not LEAST ASK 4 G@@D investment advice on D Lottery Post!!!!

LOL keep u$ posted

Reply #2

HiFi — Thu, 03 Nov 2011 07:34:16 GMT

or you can give it all to me, i will happily take it

Reply #1

Jack-C — Thu, 03 Nov 2011 06:11:11 GMT

Take the $9M and put it all in Muni Bonds. The money you receive from interest on the bonds is tax free. At 4% per year that is $360,000 a year income tax free. If you can't live on that, then you really do need a financial advisor. You can go to a brokerage firm and have them do it all for you.

What can I do with $9,000,000 after tax?

gogidolim — Thu, 03 Nov 2011 05:26:40 GMT

So someone in Cali won a Megamillions jackpot. :( Now, I have my hope for this Saturday. The jackpot for SLP is $17,000,000 and the actual amount after tax will be sweet $9,000,000.

What can I do with that amount of money?

First, I will have to hire some reliable financial advisors. I guess that's tough. Fortunately my sister's hubby's brother is a CPA. Maybe I can ask him for a solid advice. And my cousin's husband is a hedgefund manager. Maybe I can hire him for managing some of my mon... [ More ]