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Showing posts from January 10, 2016

When I Have a Million Dollars

The question on everyone’s tongue: what would you do with $697.5 million dollars? That’s the estimated take away after taxes if you win the Powerball Jackpot tonight. Six-hundred-and-ninety-seven MILLION dollars! Let’s say I live for another 60 years, that’s roughly 12 million each year or 1 million per month that I have to spend. This doesn’t include investments or interest or an amazing accountant who will earn me even more money. I love playing the “what if I win the lottery” game. :) I’ve been speaking to my lawyer…okay, well, I haven’t paid him anything, so I guess I’ve been speaking to my friend who is a lawyer by profession, and who has been kind enough to humor me for the last 7 days while we play the what if I win game. “When I win the Powerball tonight…”, he will set up a trust for me and in 30 days claim my winnings under said trust. Then it’s time to sit down and plan. He’ll help me set up a charitable organization and walk me through giving money and gifts to fami