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Pot Of Gold...Good Thing / Bad Thing?
Pot Of Gold...Good Thing / Bad Thing? Photo

Saint Patrick's Day is approaching and it makes me think about a few things. It reminds me that I'm Irish, It reminds me that I have always wanted to Win Big.  Which leads me to wonder what I would do if I ever did win a large sum of money. So hypothetically speaking...Imagine this then tell me what you would do.
You purchase a Lottery Ticket..(PowerBall) or whatever your state calls it. The next day you check your numbers to find that you are the sole winner of $50 million dollars Pot Of Gold...Good Thing / Bad Thing? Photo.... Would you go to the Lottery Agency alone to claim your winnings and pay all the taxes or would you gather some family / friends to go with you so that the monies could be divided..balancing out the taxes..?  Tell us how you would handle the situation.. Remember it's worth $50 Million dollars...

| Closed on 03/18/12 at 05:00PM
FanIQ Pts? No | Locker Room, Entertainment | Multiple Choice Opinion Poll
26 Fans 
27%a. It would be a dream come true.
15%b. I'm never lucky.
0%c. Woulda Shoulda Coulda.
4%d. More money for Beans.
19%e. This is what I would do.
4%f. Way too much to think about.
0%g. Perhaps I would....
15%h. To dream..The impossible dream..
12%i. It's a Yogi and a Boo boo
4%j. I don't care to play.

 &nbp;
TOP COMMENT * * * * * * * * * * * *
#21 | 921 days ago

Take the cash and buy new friends and family
  
33 Comments | Sorted by Most Recent First | Red = You Disagreed
Vote for your favorite comments. Fans decide the Top Comment (3+ votes) and also hide poor quality comments (4+ votes).
#1 | 923 days ago

that would never never happen to me!  so I'm excused from participating indecision
To dream..The impossible dream..  
#2 | 923 days ago

It's definitely dream come true for me, because I have in faith for them!
It would be a dream come true.  
#3 | 923 days ago

kmj22 wrote:
that would never never happen to me!  so I'm excused from participating indecision
Kate!.. Never say never....
#4 | 923 days ago

I would take the money and start a new foundation for free organ transplants for my family and friends(shut up I have friends...well I would if I won 50 mill!!). I`d call it "Myliverisf*cked". Well I`m off to the liquor store. :)
#5 | 923 days ago

If I win a lottery men what a blessing but it comes with great responsibility finding the right people to manged the money.  People perception of winning that huge amount of money can be a tricky thing to split it with different people for tax purpose you have to have good trust and that person understanding what they getting into. The love of  money or people lust for money can divide family and friends be very careful.
To dream..The impossible dream..  
#6 | 923 days ago

(Edited by kmj22)

yes
To dream..The impossible dream..  
#7 | 923 days ago

hockey54 wrote:
I would take the money and start a new foundation for free organ transplants for my family and friends(shut up I have friends...well I would if I won 50 mill!!). I`d call it "Myliverisf*cked". Well I`m off to the liquor store. :)
lol
To dream..The impossible dream..  
#8 | 923 days ago
Yankees2012 (+)

(Edited by Yankees2012)
kmj22 wrote:
that would never never happen to me!  so I'm excused from participating indecision
.
To dream..The impossible dream..  
#9 | 923 days ago

Yankees2012 wrote:
.
stop pq'ing me. pleaese
To dream..The impossible dream..  
#10 | 923 days ago

i would take my wife and sons.......and  than RETIRE and ride off into the sunset................yessssssssssssssyessmiley
#11 | 923 days ago
Yankees2012 (+)

(Edited by Yankees2012)
kmj22 wrote:
stop pq'ing me. pleaese
.
To dream..The impossible dream..  
#12 | 923 days ago

Yankees2012 wrote:
.
Behave yourself plz!!!...... I didn't make these polls for my friends to be harassed.
#13 | 923 days ago

Jeff_P wrote:
i would take my wife and sons.......and  than RETIRE and ride off into the sunset................yessssssssssssssyessmiley
But where would you take them?
#14 | 923 days ago

DallasFan55 wrote:
But where would you take them?
take them with me to get the winnings.........and than take them on a looooooooong vacation..........
#15 | 923 days ago
Nick__ (+)

Yes....I would take my mom, dad & sister with me.  They could use the fortune!
I'm never lucky.  
#16 | 923 days ago
BDV4U (+)

Well, if the winning is listed as $50M, if you take the cash option, you get roughly $20M, after Federal, State & local taxes, you end up with approximately $8M. By the time my ex & creditors take their piece out of it, I'll have just enough to buy a pack of gum from the convenience store I bought the ticket from in the first place! crying
I'm never lucky.  
#17 | 923 days ago

BDV4U wrote:
Well, if the winning is listed as $50M, if you take the cash option, you get roughly $20M, after Federal, State & local taxes, you end up with approximately $8M. By the time my ex & creditors take their piece out of it, I'll have just enough to buy a pack of gum from the convenience store I bought the ticket from in the first place! crying
LOL  wink
#18 | 922 days ago

First, I would make sure my mom is taken care of and has the best medical care, and is treated with respect. Second, I would put money away for my kids education-it will probably take millions to put three kids through by the time they're old enough. Next, I would build a little league baseball park and name it after my grandpa. I would hold free camps and clinics for kids and have former MLB players come and coach. And finally....I would rub it so badly in my exes face what a big mistake she made with her loser boyfriend who doesn't work while I'm driving off into the sunset with my new fiance', Avril Lavigne, in a 1977 Pontiac Trans Am...


It would be a dream come true.  
#19 | 922 days ago

Miguel94 wrote:
First, I would make sure my mom is taken care of and has the best medical care, and is treated with respect. Second, I would put money away for my kids education-it will probably take millions to put three kids through by the time they're old enough. Next, I would build a little league baseball park and name it after my grandpa. I would hold free camps and clinics for kids and have former MLB players come and coach. And finally....I would rub it so badly in my exes face what a big mistake she made with her loser boyfriend who doesn't work while I'm driving off into the sunset with my new fiance', Avril Lavigne, in a 1977 Pontiac Trans Am...


Sound's like an excellent plan. wink
#20 | 921 days ago

i would go alone pay the taxes then i would give about 90% of the money away why more money more problems. if i didnt learn anything from previous winners i learned this. invest invest invest and cut the fat. if you keep the money then you go through life trying not to loose it .
This is what I would do.  
#21 | 921 days ago

Take the cash and buy new friends and family
#22 | 921 days ago
cubsgirl2 (+)

All I know is my waitressing days are over. 
It's a Yogi and a Boo boo  
#23 | 921 days ago

Life would be a lot easier sharing the balance with some of my friends.But the bad part is my newest best friend will be the IRS every year till i was broke like i am now.Lol 
This is what I would do.  
#24 | 921 days ago

Lawyer up. And get a tax advisor, because the lotteries, taxes, and estate laws differ from state to state. At my age, where I currently live etc. I'd go with some kind of negotiated annuity (that's what the lawyer is for) because it would be taxed at a lower bracket annually (hopefully the taxes rates would increase drastically in the next 25 years or so) and I'd probably live long enough to get it. Also it's harder to go broke - when everybody you've ever met shows up looking for a hand out/ loan/ help - when you don't have all of it. I'd treat it like a ridiculous pay raise to keep me in check ...and those around me. The % of people that eventually go broke after winning a lottery is out of this world. I'm surprised more athletes and actors don't go broke, since the recurring theme that drives them towards success is helping family and friends have a "better life."
This is what I would do.  
#25 | 921 days ago

cubsgirl2 wrote:
All I know is my waitressing days are over. 
Awwww... God bless you Glenda. My mom was a waitress from the time she was 18 till the year she died 2007, she was 70 then. I also have waitress many years and although I love to socialize ,it has it's down falls not to mention lack of benefits to go with it.
#26 | 920 days ago
kittendreams (+)

BDV4U wrote:
Well, if the winning is listed as $50M, if you take the cash option, you get roughly $20M, after Federal, State & local taxes, you end up with approximately $8M. By the time my ex & creditors take their piece out of it, I'll have just enough to buy a pack of gum from the convenience store I bought the ticket from in the first place! crying
LOL 
Way too much to think about.  
#27 | 920 days ago

Take the money and get a new SSN and disappear!!!
#28 | 920 days ago
cubsgirl2 (+)

DallasFan55 wrote:
Awwww... God bless you Glenda. My mom was a waitress from the time she was 18 till the year she died 2007, she was 70 then. I also have waitress many years and although I love to socialize ,it has it's down falls not to mention lack of benefits to go with it.
Yep, and not to mention wearing out your body at a very young well kinda sorta young, ok fine later in life age. 
It's a Yogi and a Boo boo  
#29 | 920 days ago

I've often wondered how a Fool and his Money ever got together in the first place.
#30 | 920 days ago
kittendreams (+)

From what I know, we don't have a lottery or anything...we just have casinos. (I could be wrong but I honestly never heard of any lotteries in MS)  Sooo, I'd have to hit the jackpot at one of them casinos...after coming to from fainting, my Mom would be with me so she'd either be coming around at the same time (from fainting with me ;) ) or crying tears of joy for me, lol  Taxes - Think you have the choice of having them take it out then or them giving you a voucher to use when you file taxes. Anyways, with what's left, I'd   give half to Mom, buy hubby a brand spanking new truck and myself a new car (black Nisaan Altima) <----not sure that's spelled right, lol  I'd pay off a couple notes/loans and build us a smaller home - draw the plans myself to fit the house to us and our pets and be broke again...rofl    
Way too much to think about.  
#31 | 920 days ago

kittendreams wrote:
From what I know, we don't have a lottery or anything...we just have casinos. (I could be wrong but I honestly never heard of any lotteries in MS)  Sooo, I'd have to hit the jackpot at one of them casinos...after coming to from fainting, my Mom would be with me so she'd either be coming around at the same time (from fainting with me ;) ) or crying tears of joy for me, lol  Taxes - Think you have the choice of having them take it out then or them giving you a voucher to use when you file taxes. Anyways, with what's left, I'd   give half to Mom, buy hubby a brand spanking new truck and myself a new car (black Nisaan Altima) <----not sure that's spelled right, lol  I'd pay off a couple notes/loans and build us a smaller home - draw the plans myself to fit the house to us and our pets and be broke again...rofl    
Judy that was both smart and funny but I could only pick one...grrrrr...lol... Just 2 nights ago I had said to my X that if I'd win a huge lottery that I would buy a big lot and design the house of my dreams to be built there. I swear girl you and I often think so much alike. laugh
#32 | 919 days ago
kittendreams (+)

DallasFan55 wrote:
Judy that was both smart and funny but I could only pick one...grrrrr...lol... Just 2 nights ago I had said to my X that if I'd win a huge lottery that I would buy a big lot and design the house of my dreams to be built there. I swear girl you and I often think so much alike. laugh
LOL  Linda, we do often think so much alike laugh  I've got that house drawn in my head, you most likely do too :) Now we just need to win a huge lottery...hahaha!   
Way too much to think about.  
#33 | 919 days ago

kittendreams wrote:
LOL  Linda, we do often think so much alike laugh  I've got that house drawn in my head, you most likely do too :) Now we just need to win a huge lottery...hahaha!   
I have a lottery subscription so we'll see. laugh

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