Powerball Jackpot at Least $500 Million

[bjl584]

Wednesday's Powerball a $500 million (or more) payoff

[disneysteve]

I already got the winning ticket so don't waste your money.

Can you imagine winning half a billion dollars, though? I think the cash payout is over $300 million.

I love when they talk to people on the news and ask what they'd do if they won and they say they'd buy a new house, a new car, go on vacation, etc. They list spending that might suck up half a million, maybe a million tops. Most of us, myself included, can barely fathom having that much money at our disposal. Just park 300 million in a bank earning 1% and you'd get a check every year for 3 million in interest. That alone is more than most people will earn in their lifetime.

[bjl584]

Can you imagine winning half a billion dollars, though? I think the cash payout is over $300 million.

No I can't. It would be unbelievable. I'd like to think that money wouldn't change me, but it probably would to an extent. The opportunities that I have for saving and investing would be totally changed. Having over $300 million invested in various funds and stocks at an 8% to 10% return would be insane. You would end up a Billionare.

[moneybags]

DH & I were discussing what to do when we win. We have never had a fight about money & currently combine our finances. When we win, we will split our winnings between us to avoid fighting about what to do with the money. Funny, but I could see having that much money would cause us to argue about money.

[kork13]

How to spend a $500 million Powerball jackpot - MarketWatch

The private island (with accompanying private jet and/or helicopter) sounds like a pretty decent idea...

But seriously, I don't even have a concept of how much money that is... $300,000,000.00 -- look at all those zeros!!!

[elessar78]

I already got the winning ticket so don't waste your money.

Can you imagine winning half a billion dollars, though? I think the cash payout is over $300 million.

I love when they talk to people on the news and ask what they'd do if they won and they say they'd buy a new house, a new car, go on vacation, etc. They list spending that might suck up half a million, maybe a million tops. Most of us, myself included, can barely fathom having that much money at our disposal. Just park 300 million in a bank earning 1% and you'd get a check every year for 3 million in interest. That alone is more than most people will earn in their lifetime.

Amen about parking that thing in the bank in a basic account. That kind of money is out-livable.

I was reading something today about lotto winners that went bust not long after the jackpot. I think I would hire a security detail for us and we'd go traveling for a year or two with only our close family with a way to contact us. Not so much for the luxury but the security and avoiding the nuisance of people wanting money.

I also might move quickly and take up residence in one of the few states that allow a prize to be claimed anonymously.