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What would you do with $45M?

  • Thread starter Thread starter CobraRed_96_GT
  • Start date Start date Oct 16, 2006
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bluextc

New Member
Feb 12, 2006
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South Jersey
Oct 16, 2006
#21
  • Oct 16, 2006
  • #21
Buy a huge amount of land in TX then put a small house for my family and another for my parents, huge garage, totally build my car, possibly a viper, then I'm done. (except maybe a terminator, too)
 

DBMSTNG

I fantasize about it being BIG!
Founding Member
Apr 23, 2002
2,120
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56
not quite here
Oct 16, 2006
#22
  • Oct 16, 2006
  • #22
i'd buy a modest 3,000sq/ft house with a friggin huge garage. put 35 million in high interest bank accounts. then blow the rest on automobiles and other expensive toys.
 

bigcat

start with the upper hole, and if more traction is
May 1, 2005
3,015
1
79
7200 feet
Oct 16, 2006
#23
  • Oct 16, 2006
  • #23
SaleenGT2001 said:
i'd buy stangnet
Click to expand...
you mean down payment?
 
1

1slo'96

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Oct 15, 2006
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Oct 16, 2006
#24
  • Oct 16, 2006
  • #24
My user name would no longer be 1slo'96
 

04GTMustang

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Feb 28, 2006
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Stafford
Oct 16, 2006
#25
  • Oct 16, 2006
  • #25
CobraRed_96_GT said:
The regular super lotto in Cali is up to $45M what would you do?
How would you take it?
Would you keep/stilll drive your current stang?

I would proly take the payments you recieve like 3-4 times a year so i wouldn't blow it. I wouldn't go on TV so people wouln't recognise me. I'd still finish up college then buy a house w/ a huge garage + lift in San Diego. Definitly keep my lovely stang, she's tired so i might put a 5.4 in her and make it a track car...then maybe a black/black 07 Z06...nothing too crazy
Click to expand...
the problem with taking payments is that if you die the very next day of winning the lottery your kids or anyone does not get to ever see that money. So i would take it all at once and spend probably 3mil the first year and then put the rest in the bank and live off the interest. And yes i would continue to drive my stang but it would probably be a 1000rwhp daily driver lol
 

Susky

New Member
Oct 5, 2005
73
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Mechanicsburg, PA
Oct 16, 2006
#26
  • Oct 16, 2006
  • #26
CobraRed_96_GT said:
yeah you get about %60 of the total, then the gov. takes half so you get 13M instead of about 29 or so cuz taxes are a lot less harsh when you get smaller payments over a period of time.
Click to expand...

I suspect that a lump sum wouldn't put you in a significantly larger tax bracket. But I suspect that a person can invest the lump sum and get a better return than anything the government can provide.
 

timeless2

Vi Veri Veni Versum Vicus Vici
Admin Dude
Nov 29, 1999
1,366
202
154
the Shadow Gallery
Oct 16, 2006
#27
  • Oct 16, 2006
  • #27
1slo'96 said:
My user name would no longer be 1slo'96
Click to expand...
Sold. Let me know what name you want that is not taken.
 

bigcat

start with the upper hole, and if more traction is
May 1, 2005
3,015
1
79
7200 feet
Oct 16, 2006
#28
  • Oct 16, 2006
  • #28
 
E

exindust

New Member
May 8, 2004
329
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Moorpark, CA
Oct 16, 2006
#29
  • Oct 16, 2006
  • #29
QuickCapri83 said:
a 2000 Cobra R for a DD.
Click to expand...





that thing is far from a DD, no AC, no power....
 

GDawg

Founding Member
Mar 22, 2002
1,469
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68
Nevada
Oct 16, 2006
#30
  • Oct 16, 2006
  • #30
Buy me a nice little peice of land, nice house, big garage, pay off all my bills and keep enough to pay my taxes and food and fuel. Then I would retire. That's all. Don't need much more.
 
S

Saleen311

New Member
Dec 8, 2004
67
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0
Hampton, Va
Oct 16, 2006
#31
  • Oct 16, 2006
  • #31
exindust said:



that thing is far from a DD, no AC, no power....
Click to expand...

Im sure all of that can be fixed
 

myponyrocks

I have more billet on the Stang than most women ha
Apr 18, 2004
1,219
0
37
Oct 16, 2006
#32
  • Oct 16, 2006
  • #32
GDawg said:
Buy me a nice little peice of land, nice house, big garage, pay off all my bills and keep enough to pay my taxes and food and fuel. Then I would retire. That's all. Don't need much more.
Click to expand...
With a guest house for me, your newly adopted Son of course... though I'd still serve another 12 years in the military before moving in
 
M

mustangcam

New Member
Mar 21, 2006
70
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Pensacola, Florida
Oct 16, 2006
#33
  • Oct 16, 2006
  • #33
i dont think i would go too crazy just never have to work. ever. but i would still spend some of it on toys for now.
 

Superhereaux

chicks make me feel inadequate
Founding Member
Jul 30, 2002
538
3
59
South Texas
Oct 16, 2006
#34
  • Oct 16, 2006
  • #34
i'd buy a ps3 AND an xbox360
 

streetstang03

unModerator
Dec 27, 2003
0
1
0
the dark side of the moon/home of the 1999, 2003,
Oct 16, 2006
#35
  • Oct 16, 2006
  • #35
invest.
 

Stang|ess

seeking cyber partner(s)
Oct 18, 2003
941
0
37
Hawaii
Oct 16, 2006
#36
  • Oct 16, 2006
  • #36
Superhereaux said:
i'd buy a ps3 AND an xbox360
Click to expand...


dude, i heard the ps3 is going to cost 46 M. damn that blu ray!
 

Superhereaux

chicks make me feel inadequate
Founding Member
Jul 30, 2002
538
3
59
South Texas
Oct 17, 2006
#37
  • Oct 17, 2006
  • #37
ok, then i'd buy a k&n and some flowmasters
 

DocG

5th graders > me. They're not bant
Sep 25, 2005
8,297
1,358
194
Cincinnati area
Oct 17, 2006
#38
  • Oct 17, 2006
  • #38
Hmmm....$45m. After taxes probably $25m.

-$1m each to family members.
-build a huge house on a lake with a dock and 10 car garage.
-Start collecting all sorts of muscle/classic cars
-invest the rest in a variety of things like stocks and real estate
-live off the interest the rest of my life, and will it my children after my wife and I die, they inherit it at 25....let them learn some responsibility and maturity first.

EDIT - almost forgot about the hookers and beer.
 

stangGT97

New Member
Dec 22, 2004
1,299
1
0
Boston area, MA
Oct 17, 2006
#39
  • Oct 17, 2006
  • #39
I'll tell you what I'd do man... two chicks at the same time, man
 

DropTopPony

Noob Slayer
Founding Member
Aug 13, 2002
2,570
3
48
south jersey
Oct 17, 2006
#40
  • Oct 17, 2006
  • #40
Haha you can tell alot of you are young just by your answers. "I would keep my car" lol screw that...first teenage kid i saw after i won 45mil i'd tell him to take the keys and get this POS off my property...I would be moving up the car food chain Only Ford having a chance to be in my stable would be a GT or a Mint Boss 302.
 
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