| Topic List | Page List: 1 |
|---|---|
| Topic | If you ended up winning the MegaMillions, what would you seriously do? |
| ParanoidObsessive 10/21/18 12:05:24 PM #18: | captpackrat posted... I'd take the 20 year payout. I've heard so many tales of people who've won the lottery then blown through it all in a couple years. It's partly because the sort of people playing the lottery in the first place aren't people inclined to have a strong grasp of effective resource management in the first place, and partly because people who suddenly have access to dramatically increased sums of money tend to not really know how to handle it effectively. If you're not the sort of idiot who starts going out buying multiple sports cars and solid gold toilets and other ridiculous nonsense, you could easily take the lump sum, then sensibly spend and reinvest in ways that ultimately give you more money over time than the long-term payout. Don't let having a ton of money alter how you perceive the value of money, and you'll be perfectly fine. The two other things you basically need to keep in mind is that a) you really need to get a trustworthy financial advisor to help you administrate your money regardless of whether you take lump-sum or payments over time, b) a lot of people are going to show up begging for money, and you need to man up and be able to tell them to fuck off. --- "Wall of Text'D!" --- oldskoolplayr76 "POwned again." --- blight family ... Copied to Clipboard! |
| Topic List | Page List: 1 |