Win a jackpot...continue to work??Prev TopicNext Topic

• LOTTOMIKE

  

  Tennessee
  United States
  Member #7,853
  October 15, 2004
  11,352 Posts
  Offline
  Mar 4, 2005, 6:16 pm

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  would i work??????    i'd never ever work again,why work if you have millions???  enjoy yourself!!!!
• ineed9million

  

  Philadelphia, PA
  United States
  Member #11,436
  February 13, 2005
  176 Posts
  Offline
  Mar 4, 2005, 6:50 pm

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  lottomike,

  that pretty much sums it up.
• LOTTOMIKE

  

  Tennessee
  United States
  Member #7,853
  October 15, 2004
  11,352 Posts
  Offline
  Mar 4, 2005, 7:09 pm

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  yeah i agree million,these people who win millions and then still work ought to just give me their money i'll put it to use.......i still don't get it though i mean if you've got all that money go to a desert island or buy one or go fly airplanes or climb mountains or something but don't just go back to work,lol,screw work at that point......
• Blackie

  

  50

  Norfolk , Va
  United States
  Member #4,541
  May 2, 2004
  31,253 Posts
  Offline
  Mar 4, 2005, 8:42 pm

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  **This link already posted in past topic threads**

  Here's another piece of info on winning the lottery if anyone want to look at it.

   

   Good Luck,

  Blackie.                           
• LOTTOMIKE

  

  Tennessee
  United States
  Member #7,853
  October 15, 2004
  11,352 Posts
  Offline
  Mar 4, 2005, 9:35 pm

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  thanks blackie,that was good info......
• Blackie

  

  50

  Norfolk , Va
  United States
  Member #4,541
  May 2, 2004
  31,253 Posts
  Offline
  Mar 4, 2005, 11:25 pm

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   Your welcome LOTTOMIKE. I found that surfin lottery pages some time ago and saved it on the favorites page. If I ever get lucky I can re-read it.

   

   Good Luck,

  Blackie.                           
• CASH Only

  United States
  Member #379
  June 5, 2002
  11,296 Posts
  Offline
  Mar 5, 2005, 12:47 pm

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  Win the lottery and go on a Surfin' SAFARI!!
• AIG planner

  

  San Gabriel
  United States
  Member #12,126
  March 6, 2005
  3 Posts
  Offline
  Mar 6, 2005, 6:52 am

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  certified financial planners are fee based and will skim 5% off every dollar you place with them.  Lawyers are the same. 

  Estate planning lawyer is best place to start.  He will draw up your living trust (fancy will - better too).  Then he will reccomend you a good captive financial planner/life agent who will fund your living trust with life insurance (pays death taxes at a fraction off cost, really helps your children/heirs).  Same life agent can also put that 5mill or whatver it is into an annuity (fixed, variable, indexed) whatever it is. you will see a check every month of 10k - 15k or more.  Then yes you will need a good tax accountant.  But initially i dont see the need for such a team of advisors who are all fee based.  Estate planners charge 1,300.00 for a very good living trust and captive life agents/financial planners are commission based.