What would you do with $112,000,000

[ClownRoyal]

What would you do if you won the Idaho Powerball this Saturday. It will be over $150 mil and after tax take home would be around $112 mil - give or take a mil.
In millions
Essentials:
1. Give 10 to my Mom
2. Give 10 to my Dad
3. Give 10 to step Mom :frown: (step Dad is gone)
4. Give 1 each to 5 best friends on the condition they buy a new boat
5. Give 1 each to Wife's 5 best friends
6. Give 10 to a charity (need to do that in order to be conscious-free)
now the good stuff...
7. Buy a twin-turbine 40 Skater for poker runs
8. Buy a 47 Outerlimits for Idaho (primary residence)
9. Buy a 30 Magic deckboat for Havasu
10. Buy a pontoon boat for Havasu (relax :sleeping: )
11. Buy a F29 DCB for Havasu (need for speed :eek: )
12. Lifted rigs to haul above :cool:
13. Couple of corvettes
keep the wife happy...
14. Huge ass house on Lake Coeur d'Alene, Idaho
15. Huge ass house in Havasu with the biggest garage imaginable
16. Take a cruise and invest the rest into real estate.

[Kilrtoy]

Buy HOT BOAT MAGAZINE and write truthful articles

[KACHINA KEN]

Buy HOT BOAT MAGAZINE and write truthful articles
Hot Boat has a magazine?

[ahhell]

I would buy this half of this island...and give 2 weeks notice, and call in sick for 2 weeks... :idea:
http://realestate.escapeartist.com/data/properties/images/26177-41786-1RHCEF2GBR.jpg

[INSman]

What would you do if you won the Idaho Powerball this Saturday. It will be over $150 mil and after tax take home would be around $112 mil - give or take a mil.
In millions
Essentials:
1. Give 10 to my Mom
2. Give 10 to my Dad
3. Give 10 to step Mom :frown: (step Dad is gone)
4. Give 1 each to 5 best friends on the condition they buy a new boat
5. Give 1 each to Wife's 5 best friends
6. Give 10 to a charity (need to do that in order to be conscious-free)
now the good stuff...
7. Buy a twin-turbine 40 Skater for poker runs
8. Buy a 47 Outerlimits for Idaho (primary residence)
9. Buy a 30 Magic deckboat for Havasu
10. Buy a pontoon boat for Havasu (relax :sleeping: )
11. Buy a F29 DCB for Havasu (need for speed :eek: )
12. Lifted rigs to haul above :cool:
13. Couple of corvettes
keep the wife happy...
14. Huge ass house on Lake Coeur d'Alene, Idaho
15. Huge ass house in Havasu with the biggest garage imaginable
16. Take a cruise and invest the rest into real estate.
The Jackpot is $155 mill, and if you take the cash value, you get $87.8, less about 30% for taxes and you wind up with about $61.5 mill (don't OVER spend) !! :eek: :eek: :hammerhea :2purples: :D

[Big Warlock]

You'll pay more than 30% at that level! You'll still walk away with 50 million or better. And even better than that if you make some investments in the right areas to defer taxes. You might pick up 10 or 15 million extra.
I have a plan!!! LOL :hammerhea

[moneypit]

Buy HOT BOAT MAGAZINE and write truthful articles
What are you crazy?

[HM]

I would hire a bunch of lawyers and take over the lease on the Havasu Marina.
Then, I would hire a bunch of hard hittin' thugs to go beat the crap out of all the undesirables in the channel. Who determines who is undesirable? With $112 mil, I do.
And lastly, I'd kick RD in the junk and make it my avatar. :D

[WYRD]

I would buy a 50' Bayliner with twin Teagues :crossx:

[Throttle]

I would have to share it with everyone here on the boards. :eek:

[INSman]

You'll pay more than 30% at that level! You'll still walk away with 50 million or better. And even better than that if you make some investments in the right areas to defer taxes. You might pick up 10 or 15 million extra.
I have a plan!!! LOL :hammerhea
I will most certainly call you for that plan after I win on Saturday night !! :eek: :D

[ClownRoyal]

The Jackpot is $155 mill, and if you take the cash value, you get $87.8, less about 30% for taxes and you wind up with about $61.5 mill (don't OVER spend) !! :eek: :eek: :hammerhea :2purples: :D
Hell you say...

[Freak]

I would buy this half of this island...and give 2 weeks notice, and call in sick for 2 weeks... :idea:
http://realestate.escapeartist.com/data/properties/images/26177-41786-1RHCEF2GBR.jpg
I'm with this guy - F' it I'm outta here....

[sorry dog]

I would buy Tom Brown a chinese wife.

[Danzo]

I would hire a bunch of lawyers and take over the lease on the Havasu Marina.
Then, I would hire a bunch of hard hittin' thugs to go beat the crap out of all the undesirables in the channel. Who determines who is undesirable? With $112 mil, I do.
And lastly, I'd kick RD in the junk and make it my avatar. :D
That's what I'm talking about!

[Danzo]

I would buy a DCB 29' Canopy F29 with twin 800 Teagues, A pontoon boat, A 3000 sq. ft. Havasu house with a 3000 sq. ft. garage, build a condo in Mammoth, build a house somewhere in So Cal by the beach, Pay the ex-wife off, spoil the shit outta my kids and take care of every great friend and family member I have. I would keep my job, I love my job! :rollside:

[Sportin' Wood]

I would try and turn it into 224,000,000 :D
After that I would try and turn it into 448,000,000
Then I would try and take over the gov't of a small 3rd world country with lots of cool lakes and offroading. It would be good to be king!

[BarryMac]

All the women of HB would get breast implants, if they already haev 'em I would get 'em bigger ones... :D

[oldbuck40]

What would you do if you won the Idaho Powerball this Saturday. It will be over $150 mil and after tax take home would be around $112 mil - give or take a mil.
In millions
Essentials:
1. Give 10 to my Mom
2. Give 10 to my Dad
3. Give 10 to step Mom :frown: (step Dad is gone)
4. Give 1 each to 5 best friends on the condition they buy a new boat
5. Give 1 each to Wife's 5 best friends
6. Give 10 to a charity (need to do that in order to be conscious-free)
now the good stuff...
7. Buy a twin-turbine 40 Skater for poker runs
8. Buy a 47 Outerlimits for Idaho (primary residence)
9. Buy a 30 Magic deckboat for Havasu
10. Buy a pontoon boat for Havasu (relax :sleeping: )
11. Buy a F29 DCB for Havasu (need for speed :eek: )
12. Lifted rigs to haul above :cool:
13. Couple of corvettes
keep the wife happy...
14. Huge ass house on Lake Coeur d'Alene, Idaho
15. Huge ass house in Havasu with the biggest garage imaginable
16. Take a cruise and invest the rest into real estate.you my friend would be broke at the rate your spending! 85% of the people that win the lottory are now broker than they were due to no knowledge of TAX'S that follow. not picking on you at all,nothing wrong with dreaming BIG,just speaking the facts.

[riverrunner]

I would hire a bunch of lawyers and take over the lease on the Havasu Marina.
Then, I would hire a bunch of hard hittin' thugs to go beat the crap out of all the undesirables in the channel. Who determines who is undesirable? With $112 mil, I do.
And lastly, I'd kick RD in the junk and make it my avatar. :D
Now that's a great idea.

[MagicMtnDan]

Buy HOT BOAT MAGAZINE and write truthful articles
Kilr, I'm disappointed. I expected you to say you'd buy these forums, remove the restrictions on nudity and fill every thread with those pics of the Mrs. that you can't post here :D

[Sleek-Jet]

1.) go talk to Froggy about a boat
2.) Go talk to the boys at Lancair about a new Airplane
3.) Buy a small FBO so I could have something that has a nice predictable loss... :D
4.) Take a good chunk of it and stick it somewhere nice and safe that's also tax sheltered.
5.) I know a couple people that have done really well in Commercial real-estate developement in the Western US, I'd probably give them a call.
6.) Take care of the immeadiate family. :chi:
7.) ... and last but surely not least, I would disappear for about 6 months. You want to talk to me??? Here's my lawyers phone #... :eat:

[AzLakeLizard]

Wow...
I like the idea of Sharing with the Family and friends...
Set up the kids with trust accounts...
Put Slate in my house.. Paint the dang thing!... Landscape the yard..
Buy Don his GO FAST BOAT he wants.
Buy Don his Airplane that he really wants.
Buy a Vacation Home.. have to think on where it should be.. or buy more than one...lol
Charity works tooo... (have to do good!)
Ok.. now my "dream mode is taking over.. I will have to keep on thinking about this at work. :p

[Jbb]

I would get that leaky transmission fixed on my truck....
I would have Tom Browns attitude............adjusted :D
I would have the singlewide painted
I would buy sorry dog a boat without an outboard
I would have froggy build me one of his boats
with a 5 axle trailer
I would make an offer on bubbles
I would pay for Kim Hansen to have a name change
I would buy a single wide on the beach in So Cal...for vacations ;)
I would upgrade from the Commodore 64
I would buy Hot Boat on line and make all the sections Jbb's World
I would finally get to go to that carnival workers academy
I would give the rest to that televangelist on the TV

[havaduner]

I would have to share it with everyone here on the boards. :eek:
Hey Cam, you know I LURK more than I post, but I wanted you to know I am here for my share :D :D :D

[Big Warlock]

You first go to an a tax attorney. If you have a shell company, plan on using it. The priority is to purchase income generating assets (properties and such.) Even a business if you feel you can find someone to run it. Whatever, you would be looking for income as well as being able to write off lots of income. The more you write off, the more you can keep for you self!!
Then you look at your cash flow and determine what you then leverage your money to do!!
:D :D

[cjordan]

You better schedule a meeting with your CPA before you start dooling out huge sums of cash..... YOU WILL HAVE TO PAY GIFT TAXES on any above 1MM and it gets NASTY fast...try 48%........ :yuk: :cry: IE, if you give 20MM, YOU (yes you) pay ~9.6MM in taxes on top of what you gave. (29.6mm outlay) :p
Still would be a nice problem to have..... :rollside:

[Dave C]

I would re-write a book the book on money laundering and income tax evasion. I hear the Grand Caymens are lovely this time of year. Who wants to come.
I got your taxes right here baby!!