LogFAQs > #910904201

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TopicIf you ended up winning the MegaMillions, what would you seriously do?
DPsx7
10/21/18 1:03:51 PM
#19:


Assembling a 'team' sounds like a bad way to bleed money. Worse than having a few people come out of the woodwork. I always thought people would spend like crazy up front, not taking into account future fees like gas/maintenance/insurance on cars and houses.

The 20 year payout is what, like 50 mill a year? While reinvesting is kinda boring (and who can make sense of it all anyway), it's unlikely you're gonna spend THAT much in a year if you have common sense. Stuff it in any kind of interest-earning account and go from there.
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