Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
The DU Lounge
In reply to the discussion: Mega Millions is up to 400 million dollars! [View all]jmowreader
(50,553 posts)31. First things first: put $20 million into accounts that will disgorge, say, $2500/week
Before you go on a philanthropic rage or start a bunch of businesses or bankroll the next great talent, make damn good and sure you never, ever HAVE to work again. If you were to take $20 million - which is what, about fifteen percent of what you'd receive from the lottery? - and put it in, say, ten different accounts that each disbursed $250 per week into a checking account from which you'd live on, you would among other things never wind up on any "don't play the lottery because you'll eventually blow it all and have to declare bankruptcy" tv programs.
Edit history
Please sign in to view edit histories.
37 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
With that much money ... having someone make hot cocoa for me would be nice.
In_The_Wind
Dec 2013
#30
I would set aside some of the money for myself to live on for the rest of my life.
IrishEyes
Dec 2013
#19
First things first: put $20 million into accounts that will disgorge, say, $2500/week
jmowreader
Dec 2013
#31