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bigbear29

United States
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August 1, 2013
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Mar 28, 2014, 2:05 pm

You paid off you dream home, paid off your cars, set aside property taxes for the next 41 years or longer. Would you be happy if you have to live the rest of your life as a average person? In other words, you are not living as a rich person.
Note: all bills can be paid and you don't have to work anymore.
Masone

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Mar 28, 2014, 2:14 pm

As long as I also set enough aside so I didn't have to work ever again, yes, I'd be fine with that. I think I'd be fine even if I did have to work to pay the bills and put food on the table. I live in a big house that's completely paid off, dream cars paid off, don't got to worry about property taxes, I'd be fine with that. Any money I get from work would mostly go to savings because of little to no cost of living.
Mattapan

boston,ma
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Mar 28, 2014, 3:47 pm

Quote: Originally posted by bigbear29 on Mar 28, 2014
You paid off you dream home, paid off your cars, set aside property taxes for the next 41 years or longer. Would you be happy if you have to live the rest of your life as a average person? In other words, you are not living as a rich person.
Note: all bills can be paid and you don't have to work anymore.

It depends on the Jackpot. Anything between 5-10 million for me, you would most definatly have to live like an average person. 10 million invested will bring back about $300,000.00 in interest before taxes, conservatively. I could quit but i'm definatly not rich, because you could lose that money in a heartbeat. I'd be very frugal if i won something in that amount. A Much higher Jackpot is a different story, but it all depends on the jackpot.
Coin Toss

Zeta Reticuli Star System
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Mar 28, 2014, 6:48 pm

Yes, very happy.

Keeping a very low profile is the best way to go.

"The more you flash the sooner you'll blow the cash."

Those who run the lotteries love it when players look for consistency in something that's designed not to have any. So many systems, so many theories, so few jackpot winners.

There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.
Shelby Mustang

United States
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December 9, 2013
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Mar 28, 2014, 7:16 pm

Eeeehh I think I still want money to be able to do whatever I want whenever I want, so yes and no
Jenwins

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March 22, 2014
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Mar 28, 2014, 7:26 pm

After paying everything off, 'working' for me would be a hobby! I would invest and plan for adverse events. So, yes, I would be a regular person!
rowlettewheel

LAKE HAVASU AZ
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Mar 28, 2014, 7:39 pm

Quote: Originally posted by Coin Toss on Mar 28, 2014
Yes, very happy.

Keeping a very low profile is the best way to go.

"The more you flash the sooner you'll blow the cash."

my kind of reply !!

some day....some day
Freedom777

Virginia
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September 29, 2012
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Mar 28, 2014, 7:55 pm

Quote: Originally posted by bigbear29 on Mar 28, 2014
You paid off you dream home, paid off your cars, set aside property taxes for the next 41 years or longer. Would you be happy if you have to live the rest of your life as a average person? In other words, you are not living as a rich person.
Note: all bills can be paid and you don't have to work anymore.

Absoutely! That is my dream...I would then have freedom, options and choices of what to do with my time.

$$ provides more freedom, options and choices.
shyguitar

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Mar 30, 2014, 4:23 am

Quote: Originally posted by Freedom777 on Mar 28, 2014
Absoutely! That is my dream...I would then have freedom, options and choices of what to do with my time.

I feel the same as you. I'd love nothing more than never to have to work again. I've been working since I was 13 and I'm so ready to leave the working world behind. So often you hear the phrase "money doesn't buy happiness" but it does give a person financial security and that's worth everything. I've never been a person to spend beyond my means. I've never had a new car and have always known the difference between a want and a need.
THRIFTY

100

NEW YORK
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April 29, 2010
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Mar 30, 2014, 10:03 am

Quote: Originally posted by bigbear29 on Mar 28, 2014
You paid off you dream home, paid off your cars, set aside property taxes for the next 41 years or longer. Would you be happy if you have to live the rest of your life as a average person? In other words, you are not living as a rich person.
Note: all bills can be paid and you don't have to work anymore.

Lottery jackpot winners will be taxed at 75%.
bigbear29

United States
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August 1, 2013
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Mar 30, 2014, 11:31 am

A thrifty, this for after taxes.
sully16

25

Ringleader

Michigan
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October 28, 2009
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Mar 30, 2014, 11:31 am

Quote: Originally posted by bigbear29 on Mar 28, 2014
You paid off you dream home, paid off your cars, set aside property taxes for the next 41 years or longer. Would you be happy if you have to live the rest of your life as a average person? In other words, you are not living as a rich person.
Note: all bills can be paid and you don't have to work anymore.

Yes, that would be nice.
HoLeeKau

Idaho
United States
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July 17, 2010
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Mar 30, 2014, 1:06 pm

I'd be more than happy - I'd be ecstatic.

I was just figuring out how much Wild Card would be after taxes - about $280K after Idaho tax too. I'd be happy just being able to remodel the house I'm in and take care of a few other things, then put away a bit for a cushion. I'd honestly be happy with just that amount. If I could live comfortably in my dream home with all bills paid? I'd be absolutely ecstatic.
Goteki54

Baltimore, MD
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May 30, 2013
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Mar 31, 2014, 9:49 am

I wouldn't retire from working, just from my current job. I wouldn't be crazy and go out and risk my money on some high risk business. If I had $10 million and was able to make 6% in an average bond fund, that's $600,000 a year in interest. That would be more then enough to live off very very comforably.

Following the trends and patterns means following the money!

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