When the Jackpot is won, and say I get a share of $30 million, here's what I'll do.
$30,000,000 - $200,000 for cheap condo in New York = $29,800,000 left
$29,800,000 - $1,000,000 for 3 cars = $28,800,000 left
(The 3 cars: Audi A7, Range Rover, and Ford F150 will be covered with that $1 million budget.)
(e.g. insurance, taxes, general maintenance, and cost of the 3 cars)
$28,800,000 - $500,000 general shopping money = $28,300,000 left
(general shopping money includes, groceries, clothing, and furniture expenses)
$28,300,000 - $700,000 utilities = $27,600,000 left
(electricity, water, mortgage, cable, property taxes?, and gas)
$27,600,000 - $250,000 travel expenses = $27,350,000 left
(trips to Disney World, cruises, and sight seeing in Australia should cover the costs)
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So, I'll have $27,350,00 left. I haven't factor in charity but most likely $100,000.
And, for gifts to family, subtract another $500,000.
I'll have $26,000,000 maybe? Subtract another $2,000,000 for tax purposes from that and I'll stay with $24,000,000?
I don't know what I'll invest in though as far as investments go. I'll have to look into that.
But yeah, I'm NOT trying to go under $20,000,000! I'll feel broke. Im gonna hold on to that for a lifetime, all means possible!
How about you, ladies and gentlemen?