on 25-08-2017 10:39 AM
is it just too much? will she have to now build a fortress to keep the theives at bay? hire staff/security? lose all semblence of 'normal' life?
on 25-08-2017 01:16 PM
All she needs is a reliable investment counselor..........and to make sure she never gives up control of her funds.
If it were I, I would immediately initiate construction of low income housing in my town. There is a crying need for it.
on 25-08-2017 05:39 PM
She has to pay about half of that in Tax if she takes a lump sum.
Still that is Plenty
26-08-2017 02:34 AM - edited 26-08-2017 02:37 AM
After the 40% tax bite, she'll end up with about 336 million (US). I'm glad a working-class stiff won the big bucks. Winning the lottery lets you know who your real friends are, even if you didn't know them before.
I can remember my dad playing Tatt's........many, many years ago.
on 26-08-2017 10:26 AM
@this-one-time-at-bandcamp wrote:After the 40% tax bite, she'll end up with about 336 million (US). I'm glad a working-class stiff won the big bucks. Winning the lottery lets you know who your real friends are, even if you didn't know them before.
I can remember my dad playing Tatt's........many, many years ago.
When we lived in Tassie in the late 80's there was a guy in the town we lived in who won over a hundred
thousand in the pools the year before we moved there and he had lots of friends that helped him spend it
when they all found out,(it was all gone within a year).
He gave small loans and helped others but never put anything down in writing.
After it was all gone the "friends" also seemed to go,money wasn't repaid and when he lost his job and
asked for help with his mortgage none wanted to know him except for one mate who he had known since
school,(he helped him out with money that he had given to him).
He then won again and won a hundred and fifty thousand that time so he paid of his mortgage and had great
pleasure in telling each so called "friend" to p off,(some got upset and couldn't see why he wanted nothing
to do with them).
That was a good result and deservedly so but unfortunately it can also go the other way where someone we
knew in SA,(who was 18 at the time) won over 350 thousand and spent a fair bit of it partying with false
mates.
He bought a car that was to powerful for him and he got killed in it,(most of his "mates" didn't even go to the
funeral when they found out that there was to be no alcohol at the wake).
One that he wouldn't have been able to buy if he hadn't won lotto.
Hopefully the big winner this time will not get any false "friends".