If you won a big lottery....

Discussion in 'Shiny Things' started by Sniper X, Apr 1, 2013.

  1. jonnytorch

    jonnytorch Been here awhile

    Joined:
    Feb 15, 2004
    Oddometer:
    493
    Location:
    chicago
    I'd prepare for the Zombie invasion.
    #61
  2. Commuter Boy

    Commuter Boy Long timer

    Joined:
    Dec 27, 2003
    Oddometer:
    2,957
    Location:
    Burnaby, BC
    Got to watch the fun when a close family member won $5mil (Canuck dollars, so over $10m US).

    It was a fucking gong show. Soon as her picture hit the papers the greedy bastards started calling. Showing up at her house with "business opportunities to invest in". One got the brushoff and threatened to trip on her stairs and sue her for all of it.

    Neighbours and friends nearly all stopped calling. The honest ones felt nervous. The assholes just held out their hands and asked for their share and got told to screw off. A very, very, small number carried on like nothing happened. Rumors started that so and so had been given something, and everyone who hadn't received just as much were pissed. No good deed goes unpunished.

    She kept going into work, until the office dynamics were too awkward and she was told to clean out her desk "because someone needs the job more than you do."

    She changed her phone number several times. Unlisted. Didn't matter, the scammers kept calling. Threats were made about her children's safety.

    Finally, she had to leave the country for a few months, re-locate and start over to avoid the shenannigans.

    If she had to do it over, the one thing she'd do IS TELL NO ONE. That includes claiming the prize under an alias, or disguising her identity so well that no one would figure out it was actually her that won.

    She says the best thing was that none of her family asked for anything from her.

    I can see how the pressure would drive someone to make a lot of bad decisions very quickly. If you didn't have your head screwed on right to begin with and had a lot of backbone, the isolation and paranoia alone would break you.
    #62
  3. biggziff

    biggziff Funk Soul Bruvah

    Joined:
    Aug 2, 2008
    Oddometer:
    8,770
    Location:
    Upstate NY
    Become a philanthropist and give it all away.
    #63
  4. bk brkr baker

    bk brkr baker Long timer

    Joined:
    Jul 19, 2006
    Oddometer:
    6,015
    Location:
    The Bluegrass
    Keep farming until it was all gone.
    #64
  5. Jonnylotto

    Jonnylotto All out of care

    Joined:
    Jun 23, 2006
    Oddometer:
    15,524
    Location:
    Sunnyvale
    In about three years?
    #65
  6. genka

    genka SUV hater

    Joined:
    Mar 25, 2010
    Oddometer:
    1,639
    Location:
    Baltimore, MD
    Interesting story, although I don't understand how $5m Canadian equal $10m US. No taxes? Most likely she didn't have a choice, but to make her name public, it was in the terms of the lottery. Still, I guess she'd rather go through all the inconveniences than not to win at all.
    #66
  7. Sniper X

    Sniper X De Oppresso Liber

    Joined:
    Jul 18, 2006
    Oddometer:
    33,351
    Location:
    Central New Mexico, 7420ft above sea level
    Yeah, here in NM you can decline to make your name as a winner public. Plus, I would move anyway to a more South pacific climate for year round enjoyment. I would also give my best friends each quite a nest egg since they have all been with me as good friends even though I am NOT rich by any means.
    #67
  8. chazbird

    chazbird Long timer

    Joined:
    Jul 31, 2009
    Oddometer:
    3,785
    Hire some lobbyists and lawyers for a few million and manage to get the lottery banned - no more gambling to partially pay for schools, no more welfare recycling, no more people squandering away their money and their more valuable time dreaming about something that approaches statistically impossibility. Doing this will quash the idea that you need to be rich to be happy. In fact, I think people don't play the lottery because they necessarily want to be rich but because they definitely don't want to be poor. To accomplish this good deed I play every once in awhile, when the prize is big enough to pay those lawyers and for me to live a comfortably hypocritical lifestyle - all the while looking over my shoulder at the legions who'd want to vilify or even crucify me for ruining their dreams.
    #68
  9. C-Stain

    C-Stain Accredited Nincompoop

    Joined:
    Jul 9, 2009
    Oddometer:
    6,843
    Location:
    Team Canoodia
    Aren't you a ray of fucking sunshine.
    #69
  10. chazbird

    chazbird Long timer

    Joined:
    Jul 31, 2009
    Oddometer:
    3,785
    Relax. I don't know if there's a smiley emoticon for irony. I think I'll go and buy something for a $1 today.
    #70
  11. Commuter Boy

    Commuter Boy Long timer

    Joined:
    Dec 27, 2003
    Oddometer:
    2,957
    Location:
    Burnaby, BC
    Bingo. It was mentioned earlier in the thread.

    Up here you agree to allow your name and a photo to be published. There are exceptions made if you request it for people that have crazy relatives and ex's or that work in professions where you want some anominity, like policing.

    If they won't give you an exemption, you can also supply the picture, you don't have to stand with the big fake cheque for promo shots. There's room for some creativity in looking a little different than you normally do there.

    Other ways people have successfully obscured their identity is to set up a residence in another region/province/state by renting an apartment for a few months, getting your ID changed over, and setting up bank accounts using middle names and claim under that. Bonus points if you arrange your new residence in a place where there's someone with the same name you claim under. This has happened a few times to people's befuddlement, and the newspaper's amusement.

    Unfortunately, she didn't find out about any of those things beforehand, only afterwards. Like most folks she was pretty overwhelmed by the experience and just wanted to get the money right away. A few months of planning would have changed her qualify of life immensely.
    #71
  12. Cumminsman76

    Cumminsman76 befuddled

    Joined:
    Jun 30, 2007
    Oddometer:
    8,625
    Location:
    Where the bikes parked. STL
    Ride the bike around the country for a long time.
    #72
  13. frazman

    frazman Post***ern Redneck.

    Joined:
    Nov 10, 2008
    Oddometer:
    1,852
    Location:
    North of 40, South of 60.
    Cyprus is looking like a good deal these days. I'd buy the whole fucking country and install myself as Admiral-General Frazman. Then, the party would just be getting started!
    #73
  14. Timmy Tucker

    Timmy Tucker So Fresh. Too Def.

    Joined:
    May 23, 2007
    Oddometer:
    954
    Location:
    Limbo
    I think I worked for his sister. :lol3


    Myself, my family and a couple very close friends would have our financial messes cleaned up. Pretty much everything I own (which ain't much) would be given away to charity/people-in-need except for my crappy little house (gotta have a backup plan).

    After all the typical lawyer/financial advisor/accountant bullshit is taken care of, I will spend a year or 2 alone on a RTW bike trip. When the trip's over, I'll pretty much do what the fuck ever hits my fancy, when the fuck ever I feel like it.
    #74
  15. Sniper X

    Sniper X De Oppresso Liber

    Joined:
    Jul 18, 2006
    Oddometer:
    33,351
    Location:
    Central New Mexico, 7420ft above sea level
    Of course I would pay off every cent I owe to the credit card companies that is debt my Mom left me when she died. It isn't a ton but more than I can just go pay off right now. I would then have the house I always wanted built to my spces and it wold not be a trophy house, but would be perfectly functional for me. Nice kitchen, decks, pool, walk in gun cabinet with a bunch of new toys, and of course the aforementioned garage!
    #75
  16. Sancho Panza

    Sancho Panza Super Black Eagle

    Joined:
    May 11, 2007
    Oddometer:
    1,120
    Location:
    Jackson, WY
    As I am in the midst of a divorce with BSC ex, I would of course give it all to her to support herself and her bf, and live under an overpass for the rest of my life!!!:whip:whip
    #76
  17. Mr_Gone

    Mr_Gone The Lejund!

    Joined:
    Jul 18, 2010
    Oddometer:
    8,708
    Location:
    Mountain Home, AR
    First, set up trust funds for parents, and brother.

    Second, buy a huge RV.

    Third, buy a new motorcycle. Or twelve.

    Fourth, make sure at least one bike fits in the RV.

    Fifth, take off. I'd drive that RV somewhere, park, ride the motorcycle around that area for a few days, then pack up the RV and move a couple hundred miles down the road. I could do this for years.

    Oh, and there would probably be some hookers involved. No cocaine, though — that stuff is bad for you, I hear.
    #77
  18. rob1313

    rob1313 Still learning

    Joined:
    Dec 31, 2006
    Oddometer:
    4,416
    Location:
    Canada
    There days I really dont' need anything else. I've managed to climb my own way out of the debt pile I createdin my 20's. I'm by no means debt free, but I'm much closer that a lot of people I know.
    I've got great people in my life, a good career. I make decent money. I can't see that a whack of cash would really improve my world much. I'd find a way to get through it if I had too...... Of course I only play in the work pool.
    #78
  19. Andylaser

    Andylaser Heavy Metal

    Joined:
    Feb 17, 2011
    Oddometer:
    1,116
    Location:
    Southampton UK
    [​IMG]
    #79
  20. CodeMonkee

    CodeMonkee Geek Adventurer

    Joined:
    Jul 26, 2001
    Oddometer:
    5,646
    Location:
    Orygun
    1) I would not tell anybody except my daughter and her husband.

    2) I would hire a good attorney and a tax accountant experienced in handling lottery winnings, having them handling getting the money into a trust without my name being involved.

    3) I would put enough into an interest bearing account that could pay for comfortable living expenses for the rest of my life even if I blow all the rest. Say 2 million or $50K to $100K per year. Then I would not touch it or use it unless I totally ran out of the rest of my money.

    4) I would pay off my mortgage - the only debt I have.

    5) I would set aside another $2M for current living expenses and that is what I would actually use for basic living expenses, day to day type of stuff.

    6) At that point I would retire - not before. I would just not show up for work and I would send an email to work telling them I quit.

    7) I would then pay off my kid's mortgage and any debt they have. I would get them nice new vehicles, but nothing too fancy - just a new nice premium crossover AWD SUV with the options for each. I would then set aside enough for them to live in their current lifestyle for the rest of their lives, and a little more, into a trust that paid out $50K each per year for the rest of their lives. They could then decide what they want to do, but I suspect both of them would retire.

    8) Then I would fix up my current property with a few improvements - probably about $100K, a new roof, landscaping, a few cement pads by the shop, stuff I had planned to do on a budget over time anyway, a greenhouse and so on - and then put it on the market, but not be in a hurry to sell it.

    9) Then I would find some forested land that further out because I no longer have to commute. A place that has a southern exposure this time with more land around it, and this time I would have a custom sub-terrain house built with a similar shop large enough to hold toys and equipment and tools. The land would maybe be about $1M, the house another $1M, the shop probably at least $200K. I would put aside enough to pay the taxes for 30 years.

    10) I would do some traveling, not just first class, but using a private charter to fly, first to the south Pacific, Tahiti and so on. New Zealand. Maybe a number of other countries and continents.

    11) Along the way I would buy some nice toys, probably a custom built Christini 2WD, some custom built 4WD trucks of various sorts, some custom built guns, a Porsche AWD 911 and a few other nice cars.

    I probably would not give any (or at least not much) money to any other relatives or friends. They either don't really need it, or those that do need it would just blow it (that's why they need it, and then they would just need it again). There might be just a couple of exceptions but I would be very careful that those were doled out small amounts over a period of time.

    12) I would be tempted to buy back the family farm, but the truth is I don't know what I would do with it, I probably would not live there - maybe not even visit, none of the rest of the family would either, the people who have it now seem to keep good care of it. It is just hard to drive by by it every day coming and going to work, with all of the memories - but then if I moved further out I probably wouldn't be seeing it anymore.

    This would probably be about $10M so far. If I had more I might buy either more land around my new house, and/or buy land elsewhere and put comfortable but modest sub-terrain houses and shops on them. Maybe one in some remote area of B.C., maybe one in southern Oregon, maybe one over near Bend.

    I would probably give some to various charities - mostly those having to do with children - like St. Judes, Dornbecher, Children's Hospital, overseas orphanages, some micro loan charities in foreign countries - that kind of thing - where it will do the most good. Spread it around, not too much to any one cause - $10 to $20K each.
    #80