Powerball Lottery

Falcon
Posts
12229
Joined
11/16/2011
Location
Menifee, CA US
9/5/2025 6:39am
Falcon wrote:
I'd take the lump sum and put it in my bank account to live off the interest. Buy a few pieces of real estate and a...

I'd take the lump sum and put it in my bank account to live off the interest. Buy a few pieces of real estate and a bunch of cars. $450M is wayyyy too much money for me, so I'd probably give a bunch of food to the homeless and buy bikes for neighborhood kids as my full-time job. 

plowboy wrote:
I'd take the lump sum as well, a bird in the hand is worth two in the bush.  I would put the money in a non...

I'd take the lump sum as well, a bird in the hand is worth two in the bush.  I would put the money in a non interest bearing account cause I don't ever want to pay income tax again.  If I can't live on 500 million the interest won't help.

I've always liked that charity where doctors volunteer to fix the kids with cleft palate.  Simple surgery with absolutely life changing results.  Anything that makes kids life happier is a-ok with me.😉

You have a point about the interest and never paying taxes...  🤔

1
sumdood
Posts
8665
Joined
3/11/2013
Location
San Clemente, CA US
Fantasy
9/5/2025 7:54am
Falcon wrote:
I'd take the lump sum and put it in my bank account to live off the interest. Buy a few pieces of real estate and a...

I'd take the lump sum and put it in my bank account to live off the interest. Buy a few pieces of real estate and a bunch of cars. $450M is wayyyy too much money for me, so I'd probably give a bunch of food to the homeless and buy bikes for neighborhood kids as my full-time job. 

plowboy wrote:
I'd take the lump sum as well, a bird in the hand is worth two in the bush.  I would put the money in a non...

I'd take the lump sum as well, a bird in the hand is worth two in the bush.  I would put the money in a non interest bearing account cause I don't ever want to pay income tax again.  If I can't live on 500 million the interest won't help.

I've always liked that charity where doctors volunteer to fix the kids with cleft palate.  Simple surgery with absolutely life changing results.  Anything that makes kids life happier is a-ok with me.😉

Falcon wrote:

You have a point about the interest and never paying taxes...  🤔

Tell you what if I win Amago is going to get one hell of a renovation. 😉  And that old Carlsbad replica track by Cahuilla, maybe revive scarwest and comp edge too, shit with that kind of cheese I could probably buy Saddleback back. 

3
plowboy
Posts
14138
Joined
1/3/2010
Location
Norwich, KS US
9/5/2025 12:43pm
Falcon wrote:

You have a point about the interest and never paying taxes...  🤔

I have never once minded paying what they said was my share of the taxes.  City, county, state, fed...all of 'em.  Being a church raised farm boy I was raised believing that everybody did their part.  Some folks sold cars and some folks fixed cars  and some folks sold parts for cars...but we all bought and drove cars. Some folks raised beef and some folks raised feed and some folks butchered beef but we all bought and ate beef.  It takes us all doing our part and "paying via taxes" the support the whole joint needs to keep putting one foot in front of the other as a nation.

I don't wanna pay income tax because they make it such a pain to file.  They have ALL my information already.  It's like they're trying to induce me into making a mistake so they can arrest me for fraud.  Just take what you need and leave me the rest...I'll make it work.🙃

1
Falcon
Posts
12229
Joined
11/16/2011
Location
Menifee, CA US
9/8/2025 10:35am

^I'm with you on paying my fair share. From an operational standpoint, however, I think it's ridiculous to tax wages. So much bureaucracy and confusing complexity, too much fraud and too many loopholes. We need a better system for collecting the right amounts. 

Beyond that, I'm of the belief that the IRS is staffed by the same morons who make up many corporations and agencies these days; people who have a hard time synthesizing information on their own without help from Google AI. I'll give you a personal example: for 2024 I earned a sizeable reduction in my taxes because I bought a solar system along with my new house. As a result, I got a BIG tax return. That is, I should have gotten it. The IRS dragged their feet for 60 days before telling me that they wanted more information about my taxes, so I sent them all the stuff they wanted (essentially a duplication of all the stuff originally in my tax return filing.) They then dragged their feet for 60 more days and told me they were only going to pay a partial refund (about half,) because they "couldn't verify the amounts shown on my W-2." WTF? The W-2 IS the verification, right??? So now, I'm fighting with them for the other half of my tax return, which is 100% owed to me by any interpretation of their own laws. My tax is X. I paid X+2. You owe me the 2. Simple AF, but they can't process it correctly. It sounds a whole lot like, "we just want to keep some more of your money, even though we're not entitled to it. So go f yourself." 

Anyway, sorry to hijack the thread. Back to the daydreaming about copious amounts of money thanks to a lottery windfall!

The Shop

plowboy
Posts
14138
Joined
1/3/2010
Location
Norwich, KS US
9/8/2025 12:20pm
Falcon wrote:
^I'm with you on paying my fair share. From an operational standpoint, however, I think it's ridiculous to tax wages. So much bureaucracy and confusing complexity...

^I'm with you on paying my fair share. From an operational standpoint, however, I think it's ridiculous to tax wages. So much bureaucracy and confusing complexity, too much fraud and too many loopholes. We need a better system for collecting the right amounts. 

Beyond that, I'm of the belief that the IRS is staffed by the same morons who make up many corporations and agencies these days; people who have a hard time synthesizing information on their own without help from Google AI. I'll give you a personal example: for 2024 I earned a sizeable reduction in my taxes because I bought a solar system along with my new house. As a result, I got a BIG tax return. That is, I should have gotten it. The IRS dragged their feet for 60 days before telling me that they wanted more information about my taxes, so I sent them all the stuff they wanted (essentially a duplication of all the stuff originally in my tax return filing.) They then dragged their feet for 60 more days and told me they were only going to pay a partial refund (about half,) because they "couldn't verify the amounts shown on my W-2." WTF? The W-2 IS the verification, right??? So now, I'm fighting with them for the other half of my tax return, which is 100% owed to me by any interpretation of their own laws. My tax is X. I paid X+2. You owe me the 2. Simple AF, but they can't process it correctly. It sounds a whole lot like, "we just want to keep some more of your money, even though we're not entitled to it. So go f yourself." 

Anyway, sorry to hijack the thread. Back to the daydreaming about copious amounts of money thanks to a lottery windfall!

That's fucked.  I've only been audited once but my situation was very straight forward and it was honestly painless.  Sounds like the positive/negative experience is similar to buying new tires, a new roof... everything that involves others being in charge of the situation.  

Sometimes you're the windshield...sometimes you're the bug.  Sorry for your fuckaround bud.😑

1
XXVoid MainXX
Posts
8105
Joined
5/25/2012
Location
Schenectady, NY US
9/8/2025 1:33pm

Just picked my ticket up. If I win I'll go change my vote in the FSM thread.

I didn't win but I'm going to change my vote anyway... from 0% to -100%.

lumpy790
Posts
11283
Joined
9/18/2007
Location
York, SC US
9/8/2025 4:08pm

the good news is I WON!!!!

 

It was only $10 but I still won and at about a whopping 3% margin. 🤣

JRT812
Posts
2760
Joined
3/4/2014
Location
Cottontown, TN US
9/9/2025 5:08am

I use to work with this chick who husband’s work pool won years back when it got crazy high. For years he always would turn down playing because but decided to get in the work lottery pool that day. I can’t remember how many had to split it would they each walked away with over 10mi or something like that…been a while

Sort of a crazy story because she was telling me a few days before they won how they have no money to fix their foundation issues on their house. He was a heavy drinker and hated life. That week he got admitted to the icu to be placed on the waiting list for a new liver cause his body was failing. Won…he quit drinking and lost like 200 lbs…which in turn helped the marriage. Invested in some new homes etc and apparently loving life now traveling around. 

2
Falcon
Posts
12229
Joined
11/16/2011
Location
Menifee, CA US
9/9/2025 8:50am
JRT812 wrote:
I use to work with this chick who husband’s work pool won years back when it got crazy high. For years he always would turn down...

I use to work with this chick who husband’s work pool won years back when it got crazy high. For years he always would turn down playing because but decided to get in the work lottery pool that day. I can’t remember how many had to split it would they each walked away with over 10mi or something like that…been a while

Sort of a crazy story because she was telling me a few days before they won how they have no money to fix their foundation issues on their house. He was a heavy drinker and hated life. That week he got admitted to the icu to be placed on the waiting list for a new liver cause his body was failing. Won…he quit drinking and lost like 200 lbs…which in turn helped the marriage. Invested in some new homes etc and apparently loving life now traveling around. 

You know how they say money can't buy happiness? Well, sometimes it absolutely can. At the very least, it can sure undo a lot of unhappiness. 

plowboy
Posts
14138
Joined
1/3/2010
Location
Norwich, KS US
9/9/2025 11:26am
Falcon wrote:

You know how they say money can't buy happiness? Well, sometimes it absolutely can. At the very least, it can sure undo a lot of unhappiness. 

Totally agree.  I know I'm not normal but I absolutely hate money but I also know that survival depends on it.  

Having the money for doctors/hospitals, house, vehicle, appliance repair/replacement isn't necessarily what most folks would call happiness but the misery, that having money fends off, is happiness to me.

At my age, trying to help my kids "fend off" the misery is happiness.  Buying that super well mannered little kid in front of me at the check out line a candy bar (hope the little turd doesn't have the dieabeetis).🙃

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