Powerball meme
Yes, I bought tickets. From Countertop, comes the Powerball meme:
1) $17 million a year for 20 years or $164.4 Million Cash Value
Cash, upfront. Remember, for tax purposes you can give up to 50% of AGI to charity. Seriously. More importantly, this keeps you from giving this cash back to the .gov.
2) First purchase
A good tax lawyer to help me figure out how to maximize my charitable contributions. And stay rich. Again, seriously. If you win, your first call should be to your spouse (to tell them or to tell them to leave) then your second call should be to a tax lawyer.
3) Statement to the Today Show?
I wouldn’t go on their show, unless they let me do it naked.
October 19th, 2005 at 9:26 pm
Not naked.
Kevlar, LBE, jump boots, and a light coat of CLP.
October 19th, 2005 at 10:00 pm
Yeah, I would totally tell the Today Show to go to hell. My complete talk show tour would be Dennis Miller, Mind of Mencia, and Cheap Seats.
I would take the money out over time, though, since I am betting on taxes going down eventually. Besides, I can do just fine on $8MM a year.
My first purchase would be to hire a lawyer to form a corporation to hold the money. And to form a “security division” to hold my purchases, like the GMGs and turretted Suburbans I would be buying. LEO signoff for restricted weapons? Not to a corporation. Just ATF approval, and I think that with that kind of scratch, I can arrange approval.
October 19th, 2005 at 10:34 pm
I would build a White House like Jack Black did in Envy and I would run for Congress.
October 20th, 2005 at 7:44 am
Hold the ticket until you establish a trust that actually owns the ticket. NEVER make ANY public announcement or appearance as winner. You draw a small salary as chairman of the board of the trust. That’s all.
The trust then establishes a six lawyer law firm specializing in aggressively defending the Bill of Rights, (much like the 2nd Amendment foundation claims to do), and start watching the web for potential cases.
October 20th, 2005 at 10:53 am
Yep, everything you want gets purchased by the company.
Setup multiple non-interest bearing checking accounts and get ATM cards for them.
These cards can be used without ID. Family and Friends can use them to “purchase items on the corporation’s behalf”. You can be generous without the recipients being on the hook for it.
Theoretically, of course…
October 20th, 2005 at 11:42 am
I would go onto the today show if the paid me to do it. I can be bought…I admit it.
Even if i won the lottery, why spend you own money traveling. such a waste.
October 20th, 2005 at 12:57 pm
Why go on the show?
You’d be rich, what’s the point of becoming every money grubber’s plans?