What I Did With My Lottery Earnings ($250MM -- lump sum after taxes)

<p>The Lottery Commission certified your ticket and just handed you a check for $250,000,000.00 -- with this year's taxes already deducted. In addition to borrowing a pick-up truck in order to take the ginormous cardboard check to your bank from the presentation ceremony, you have some serious planning to do.</p>

<p>What are you going to do with your money in Year 1? How much will be saved/invested? How and where will it be invested? How much will be gifted? How much will be spent? On what? Who will be the biggest beneficiaries of your largesse? Are there some "random acts of kindness" you plan on? What might they be?</p>

<p>Invest 200 mill, buy a condo out in la for around 2 mill, give away about 25 mill to family (2 mill each to bros/sis=12 mill, 10 mill for parents, 1 mill to 3 uncles). Buy a new car (porsche 911 turbo), spend the rest on hookers + blow.</p>

<p>Well, lemme see here...</p>

<p>$50,000,000 towards research for autism (sister has it)
$50,000,000 towards research for cancer
$50,000,000 for the impoverished of wherever I'd be living when I'm old enough to gamble
$50,000,000 for NASA, if it could help us get into space quicker than we are</p>

<p>$1,000,000 on a really nice house for me
$1,000,000 on a really nice house for my family
$750,000 on a summer home
$5000 on a nice entertainment center
$15,000 on world vacation
$200,000 on college education (why not?)
$30,000 on a Toyota Prius</p>

<p>$10,000,000 in stocks and stuff
$15,000,000 in savings</p>

<p>As for the other $22,000,000, would probably go to my heirs.</p>

<p>How many kilos in crack does that translate to at current market prices?</p>

<p>I join a hedge fund with it all.</p>

<p>Invest/save 200 million.
20 million for my parents, 10 million for my brother.
5 million for nice houses for my relatives and me.
400,000 for college for my brother and me.
5 million for charity.
600,000 on a summer home or something.
10 million for heirs.</p>

<p>Let's see.</p>

<p>10 mill for mother, set her up in a bigger house with personal maid service
1 mill to convince my brother to go to college far far away....preferably California or London</p>

<p>A few thousand to bribe my teachers for special favors (let me skip 1st period, when treating, give me an A instead of an A-, give me two munchkins instead of one)</p>

<p>100 Mill to invest in various suspicious businesses, like hedge funds and Mexican drug lords</p>

<p>10 million spent on an annual basis to favorite charities</p>

<p>Two milion for an animal farm</p>

<p>Two million for a vineyard in California</p>

<p>Two million on a private plane that can zip me off to Switzerland at my whim</p>

<p>10 mill to distribute among my relatives and friends, on basis of niceness</p>

<p>20 mill to set up a new hall at say, Dartmouth so they'll be more agreeable towards me during the admissions process :P</p>

<p>The rest goes into the bank, or for future maintenance of mother, relatives, vineyard, farm, corrupt professors and private plane.</p>

<p>I'm surprised people are keeping as much of it as they are. I'm not bragging, but I gave $200 million of mine to charities/research/NASA.</p>

<p>Dude, seriously, how many people would be interested in giving 50 mil to NASA and 50 mil to a Cancer Research Institute? Not everyone has the same interests as you.</p>

<p>me -</p>

<p>$100 million - 5 mansions
$5 million - ridiculous cars
$50 million - parents/relatives
$45 million - private jet
$50 million - invest</p>

<p>$250 mil worth of plastic sporks and paper plates.</p>

<p>You're going to be the Nelson Bunker Hunt of the spork futures market.</p>

<p>Umm .. keep enough to maintain a wealthy lifestyle in the Upper East Side for my entire life (50 mil?) .. and use the rest to relieve hunger in one lucky central African country.</p>

<p>I'll be just like the former Brooke Astor.</p>

<p>What am i going to do with 250million? i'll build myself a spaceship and fly to the moon :P</p>

<p>I'd buy my own army for a 20 million, take over a small island. Give them 5 million more so they can leave me to my island. Probably 50 million to make it nice and crap. Then I would save another 50 mil for the hell of it. Give the rest of the money away. I did after all just get a small island for a cheap price. Hell why buy land when you can just take it over.</p>

<p>Oh, and I'd fund a group of scientists to figure out a way to make calorie-free food.</p>

<p>I'd probably keep like maybe 2,000 dollars for myself and then donate the rest to charity or something. Maybe keep some for college too, I dunno. But there isn't really anything I want besides CDs and Chipotle.</p>

<p>^ wow, very generous...</p>

<p>At least 200M I'll invest. The rest will go to college and whatever else I need. I'd donate a lot as well. And i'd buy a crapload of [url=<a href="http://cgi.ebay.com/Light-My-Fire-Spork-Knife-Fork-and-Spoon-All-In-One-B_W0QQitemZ260148870891QQihZ016QQcategoryZ87133QQcmdZViewItem%5Dthese%5B/url"&gt;http://cgi.ebay.com/Light-My-Fire-Spork-Knife-Fork-and-Spoon-All-In-One-B_W0QQitemZ260148870891QQihZ016QQcategoryZ87133QQcmdZViewItem]these[/url&lt;/a&gt;].&lt;/p>

<p>I'd take enough money to take care of my aging folks, makes sure my wife and kids would have all they needed and most of what they wanted, even after I die. I'd help out my relatives. I'd give some to church and some to charity and buy some toys: new place to live, car, lots of travel. Then I'd endow a school for everybody who was ever told they were dragging down the averages, that they couldn't make it and wouldn't amount to anything, that they just weren't good enough, and were either too broke or too stupid or too mean or too hardheaded to amount to anything much. This school would be for them. To hell with all those valedictorians with perfect scores on the SAT and straight A averages who are doing resarch on the weekends at CERN and agonizing over wheter to matriculate at Harvard or Yale. I'd start a school for the rest of us, sons and daughter of sons and daughters who came to the U.S. hoping. </p>

<p>To those who didn't become presidents, governors, tycoons, fathers of new weapons, judges, or stars of stage, screen, radio, television, video or as-told-to books on the best-seller lists. </p>

<p>To those who thought liberty absurd, and those who despised the idea of equality, and those whose dream was a dream of greed that brought them here to get rich, from slave labor if necessary, and go back to the old country where stay-at-home peasants would have to lick their boots. </p>

<p>Here's to the pickpockets, too, and burglars, thieves and killers, to all those exported in European chains who regarded the New World as a prison. To those who fled from the gallows, seeking a hideout where rascals could safely flourish. </p>

<p>Here's to the traitors, like Tom Paine, who fled England to avoid being hanged for his radical politics. </p>

<p>Lucky timing made Paine's radicalism heroic. Other immigrants were not so lucky, so here's to Sacco and here's to Vanzetti, doomed for their anarchism by a hanging judge and a hanging governor and a whole nation in a hanging mood. </p>

<p>Here's to all hanging judges, and to all hanging governors, and to the Supreme Court justices, who have the power to indulge the whole nation in its hanging moods. All are immigrants' heirs. Here's to all the troublemakers: To the union organizers who made life hard for the sweatshop profiteers, who preferred to be just plain hard-working businessmen; to the hard-working businessmen, too, and to their goons who clubbed the skulls of the immigrant and immigrant-offspring working stiffs. </p>

<p>Here's to the bankers, including embezzlers and cheaters of widows and orphans. Until immigration there wasn't a single banker anywhere in the land. Salutes to you, ye banking fruit of immigration. </p>

<p>Salutes, too, to widows and orphans, including widows and orphans who are landlords cruel to their tenants, especially in winter when they go to Jamaica to escape hard-luck tales of icicles on the radiator. </p>

<p>Here's to the gangsters created by Prohibition and here's to the bank robbers created by the Depression. </p>

<p>Here's to the pistoleros created by the national craving for drugs and here's to the Ku Kluxers created by ignorance. </p>

<p>Here's to the bigots, to the nigger-haters, the fag-bashers, the no-wops-kikes-Irish-need-apply people and to every immigrant and immigrant's child, grandchild and multigreat-grandchild who ever said the only good Indian was a dead Indian. </p>

<p>You say you wouldn't want your sister to marry one? That's neither here nor there. </p>

<p>The point is that without them America wouldn't be the same country we celebrate this weekend. </p>

<p>The point is that it's unfair to ignore all the results of immigration except its big shots. </p>

<p>The point is that in an America without rogues, felons, psychopaths, bigots, swindlers, liars, cheats, brutes, frauds, crooked politicians and corrupt cops liberty would have collapsed of terminal flabbiness shortly after the first few boatloads of saintly immigrants fell to their knees weeping pure thoughts upon first glimpsing Liberty Enlightening the World. </p>

<p>To retain their muscularity, people committed to liberty require constant challenge from people who don't know the difference between liberty and making a mess. </p>

<p>It is only fitting then to salute the mess-makers, for they far outnumber the glittering successes who resulted from immigration to the New World. </p>

<p>For every Lee Iacocca bestriding the motor world like a colossus there are thousands of immigrants or bearers of immigrant heritage on the production line putting the wrong bolt in the car. For every Mayor Koch doing government work with zest there are thousands of government workers, the bureaucratic result of immigration, who wish the governed would go away. </p>

<p>So here's to everybody the $5,000-per-head crowd doesn't want to think about when they think about the meaning of immigration. </p>

<p>Here's to the wife-beaters, and here's to the car thieves. </p>

<p>Here's to the people who cancel your insurance, here's to the guy who steals your television set, here's to everybody with enough money to buy Congressmen, and here's to Congressmen who rather wish they didn't have to jump at their buyers' commands and if pressed on the subject say, ''But let's be realistic -'' </p>

<p>Here's to the losers, the failures, the rats, the finks, the louts, the finaglers, the boors, the chiselers. We have immigration to thank for them all. What would America be without them? </p>

<hr>

<p>OK. So I didn't write it. Russell Baker did in the NY Times in 1986, a love song to immigrants on Independence Day. I just came across it and wanted to share. Ain't irony grand? And he's right too. Where WOULD we be without them (immigrants or not)?</p>