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Forum nameGeneral Discussion
Topic subjectyou just won the powerball...how do you spend the money
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=12725329
12725329, you just won the powerball...how do you spend the money
Posted by Binlahab, Wed Feb-11-15 04:49 PM
Please spare me your sanctimonious pious high horsedness "oh I'll invest in grains and feed the dying monkeys of Sumatra"

Stfu.

No you won't.

You buying your mama a house.

If you dont you wrong.

Notice dad never gets shit in these fantasies? Its always the mom. Theres an adult daycare commercial out where the old lady is rinding a home for the even older mama and the company is called just for mom.

Wtf america? Dad dont get old? We die too you know.

Oh well.

On topic, moms gets hooked up. Id get a big ass house and convince all her old ass friends to move in so they can party. Shes good.

Pops, I'd hook up.

Sisters and brothers I'd pay their house off.

Kids needless to say would be ultra straight.

I'd be the koch brothers of reparations too. Thats how I know I ain't winning, NSA knows what I picked and is gonna marshawn Lynch me

#conspiracy

12725335, I'd be like the Rich Kids on Instagram
Posted by PimpTrickGangstaClik, Wed Feb-11-15 04:52 PM
Gold toilet bowls. Sprinkle my cereal with diamonds

Generally, just making people mad
12725336, i'd free all my sons.
Posted by SoWhat, Wed Feb-11-15 04:53 PM

and then i'd buy my dad a brand new crack house.

b/c any house i buy him would become a crack house.
12725338, yup buy mama and some other fam houses
Posted by Damali, Wed Feb-11-15 04:54 PM
travel the world for about a year and search for a few places where i'd want to buy property

build 2-3 houses from the ground up

live the rest of my days running a private foundation that gives money to organizations and issues that i'm passionate about.

d
12725340, Prolly go Kanye crazy & do all within my power to bring us an nba
Posted by ambient1, Wed Feb-11-15 04:55 PM
squad
12725344, pay off student loan
Posted by Trinity444, Wed Feb-11-15 04:58 PM
travel around the world with my family
buy enough land to build houses for all my family to live
forget that....we ain't all staying in the same house lol

then just live :-)
12725347, Building a state of the art youth football stadium.
Posted by kingjerm78, Wed Feb-11-15 05:00 PM
Yes, I said stadium.
12725349, but FIRST i would make it rain on some hoes.
Posted by SoWhat, Wed Feb-11-15 05:01 PM
1. the hoes @ the strip club.

2. the hoes @ my student loan servicers.
12725351, ohh the ignorance that wound ensue at the strip club!!
Posted by Binlahab, Wed Feb-11-15 05:07 PM
Lawd today!

It would be a hoodicane

I want old strippers out of retirement, midgets, find me a stripper in a wheelchair just take out all the damn stops


does it really matter?

wonder what bin's doing?
http://i.imgur.com/phECCMp.jpg
12725355, i'd have to call ahead so they'd get it ready for me.
Posted by SoWhat, Wed Feb-11-15 05:11 PM
i'd call from the bank where i'd be picking up several stacks. a sickening number of stacks. i'd want the club decked and ready for my arrival.

it'd be raining from the front door to the coat check to the bar to the VIP area to the stage and all over the Champagne Room, of course.

just a monsoon of ass and cash.
12725393, YES!
Posted by Binlahab, Wed Feb-11-15 05:31 PM
LOL! ahhh yes

i can see it like the boom boom room in life


does it really matter?

wonder what bin's doing?
http://i.imgur.com/phECCMp.jpg
12725353, the next generation's college tuitions are paid for (family and closest homies)
Posted by Government Name, Wed Feb-11-15 05:08 PM
obviously mom gets a house and a nice check. dad gets a crib and can retire. sister gets a crib and ONE shot at a business investment from me. mother in law can retire.

a bit goes to Philadelphia public schools and a i'll be consistent funding source for xx amount of years.

a scholarship in my name to Temple University and minority scholarship for my HS.

i dont sh*t about investing, but i'd learn lol. i'd start by playing it safe. i'm not looking to become a hardcore venture capitalist out the gate.

put a chunk aside for my son. college, grad school, first home, first failed business, second failed business, etc.

other than some traveling, my wife and i would live a nice, non-baller life off the interest. until i get caught in a fling with Rihanna and lose half in the divorce.
12725360, I wouldn't spend it on much at all.
Posted by atruhead, Wed Feb-11-15 05:14 PM
maybe get a crib big enough to move my parents out here where we all would live
but they're retired and the house in NY is already paid off, so they could sell and relocate at any time

I like the freedom of not having to work for anyone else, I'd invest to make money off of my money and take a nice vacation every year
12725362, first i'm paying off all debts i have.
Posted by SHAstayhighalways, Wed Feb-11-15 05:15 PM
then the debts of my immediate fam (dad, sister, 1st cousins i grew up with)

THEN i'm paying off this house i'm in
THEN i'm building a fucking studio
THEN...then...

idk i'm gonna buy a whole lotta weed and think about what i'ma do with the rest.

12725364, build a music studio and explore the link between weed and creativity.
Posted by Joe Corn Mo, Wed Feb-11-15 05:16 PM
it's a given that the innercircle gets enough dough to quit working if they want.

and I would probably become a hermit, aside from
trying to do goofy shit like have a jam session with george clinton
and get bruce swedien to engineer my album.
12725380, I'd buy baller ass tour bus...
Posted by J_Sun, Wed Feb-11-15 05:25 PM
I'd get a HUGE picture of my face on the side, with the biggest shit eating grin on my face. I'd hire a driver, probably a friend that I'd pay a dumb high salary to, and that bus would be my primary vehicle. Like if I gotta make a run to Target, I'm taking the bus. Of course, since I have a tour bus, I'd actually go on tour and travel the country and the world.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

"Sometimes I contemplate moving to a warmer place, then the lake and skyline give me a warm embrace" © Common
12725387, Buy a house in the Palisades.
Posted by Frank Longo, Wed Feb-11-15 05:27 PM
And save the rest to pay all the expenses that will come with having a house in the Palisades.

12725441, You could fund the next Wachowski flick
Posted by Cold Truth, Wed Feb-11-15 06:22 PM
Shit I know I'd be busy trying to get Gremlins 3 made
12725480, I'd need a couple of Powerballs for that.
Posted by Frank Longo, Wed Feb-11-15 07:33 PM
One wouldn't get it done, in all likelihood.
12725533, This one would yield 253 million after taxes
Posted by Cold Truth, Wed Feb-11-15 09:21 PM
Surely you could keep them to a 140 million dollar production limit to give you some marketing room
12726053, Shit, good point.
Posted by Frank Longo, Thu Feb-12-15 02:20 PM
I'd only fund them if I thought I had money to *burn* though. Having only 250 mil ain't enough to straight burn 150 mil. I need to get my own film career off the ground first.
12725394, I wouldnt go crazy on expensive items
Posted by RobOne4, Wed Feb-11-15 05:35 PM
dont know if I would pay off my house or buy a new one with more land. Actually yeah I would buy one with more land. Not that much bigger but definitely a bigger lot. Take care of parents and inlaws. Kick a bit of cash to my brothers and my wife's siblings. Then find the best people I can to manage that money and make sure it never runs dry and I never have to work again. Then I would be a traveling fool. Hey baby lets go have dinner in Chicago tonight. Bam on a flight to Chicago. Lets go catch a hockey game in Canada this weekend. BAM on a flight.
12725396, my relationship with my dad is shakey
Posted by lfresh, Wed Feb-11-15 05:35 PM
irony is when it was at its worse
i said i would pay of his mortgage and put money aside for him to retire


thing is he still couldnt stay with me and he would be put in a home

mom gets all that and gets to stay with me if she wishes no nursing home

heh
happy now bin?

anyways


at least two places

one NY maybe the same area
maybe

and one in a warmer climate

a new house for my aunt in colombia
assisted living type deal


~~~~
When you are born, you cry, and the world rejoices. Live so that when you die, you rejoice, and the world cries.
~~~~
You cannot hate people for their own good.
12725398, I'm blowing a mill on stupid shit to get it out of my system
Posted by legsdiamond, Wed Feb-11-15 05:36 PM
houses paid off for immediate fam.

travel, travel, travel...

set up some scholarships for the youth.

open up a hair weave shop

start a record label called NO HARD COPY. Strictly mp3's and YouTube videos.

put a nice chunk in mutual funds or something safe and live off the interest



12725405, RE: you just won the powerball...how do you spend the money
Posted by southphillyman, Wed Feb-11-15 05:43 PM
my mom already has new construction in a gentrified hood so i'd just cake her off with a stipend and call it a day
no other family member would even know i won anything
offspring getting trust funds set to cash out at 35 with stipulations (have to get a degree in STEM etc)
couple hundred thousand for me to nigga it up and get that out my system
the rest put in some mix (70/30) of safe/risky investments and i'd travel getting my andrew zimmerman on off my dividends
12725406, start an llc, hire an accountant
Posted by GriftyMcgrift, Wed Feb-11-15 05:44 PM
hire a few of my friends as "consultants"

buy two houses, a few cars.

shut down flight club for the day and buy every 11 and 11.5 in the place

live off the interest accrued
12725408, All I know is that no less than 4% will be spent FOOLISHLY with wild
Posted by FLUIDJ, Wed Feb-11-15 05:45 PM
Wilde abandon
12725438, ^^^This
Posted by Cold Truth, Wed Feb-11-15 06:20 PM
I mean.. with that kind of money, how can you not?

I'd definitely have to experience some extreme decadence, albeit briefly.
12725444, id be on a plane to japan, to watch my GTR be hand built
Posted by GriftyMcgrift, Wed Feb-11-15 06:26 PM
12725409, i want 6889 Devon Way in Berkeley
Posted by dba_BAD, Wed Feb-11-15 05:45 PM
I'd buy my mom the house she lives in, or one of the other houses on her street (she rents on a waterfront street that she's in love with and never wants to leave)

a new regular car
an old fun car

travel everywhere

be creative, sometimes, when i wanna

no job

do whatever

until i wanted to live differently

but thats how i want to live for now
12725411, I'd build an Iron Throne made from dollar bills
Posted by Cocobrotha2, Wed Feb-11-15 05:48 PM
And make everybody I hate come to my court to kiss the ring.
12725427, buy a place on every continent
Posted by Crash Bandacoot, Wed Feb-11-15 06:11 PM
spend my days travelling and investing. would probably
still do the same sort of work (web development), maybe
even start a company. a cool mil would be spent on dumb
shit off top.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
instagram:
http://instagram.com/0kayndc

"There is much temptation to use what has worked before,
even when it may exceed its effective scope."

"Roll me further bitch"
12725435, Put my closest friends on payroll with 250 K@year salaries.
Posted by Cold Truth, Wed Feb-11-15 06:17 PM
First: Build out a dream home for my family (i.e, wife and kids) ,furnish it to the nines, setup a home theater, gym, a play area for the kids, trick out my home studio a little, setup a basketball court and what have you, build a stocked doomsday shelter, generator, etc. Cop a couple nice but sensible cars, one for my wife, one for me, and perhaps a third family vehicle for travel.

-Setup a living budget- food, utilities, health insurance, life insurance, travel, property taxes, etc.

-Set aside savings, setup some sort of trust for my children, college funds, etc.

-Set aside an investment budget, say, 50 mil. Devote maybe 35% of that into high risk/high reward propositions and invest the rest in varying degrees of conservative risk.

This might include putting a little financial muscle into my ‘big idea’ and hire a couple of people so I can focus on the areas (content) that really drive me.

After that?

-Setup a friends/family budget. Seriously, in Cali, the net payout for this current jackpot after taxes and everything is around $253 mil. No way in hell I don’t pull my people up with me. I could set aside 100 mil for this alone and never blink over it. I’d still have a 100 left (minus that initial setup). Besides, setting some aside for this purpose will help us avoid getting hounded.

-Put my closest friends on payroll. I can’t come up and leave them behind. Every dude in my wedding party would be set for as long as I live, probably around $250k a year. I’d budget for them for, say, 8 years at that rate, and that’s still only 20% of my friends/family budget. The rest of my friends I’d deal with on a case by case basis, but nowhere near the aforementioned 5. We'll see what's up after 8 years. If they can't get self-sufficient after getting 2 mil over 8 years, they don't deserve the money anyways.

-My mom would get a house that I would own and allow her and my step dad to live in.

-I’d deal with my siblings in different ways. My youngest brother would get put on payroll, but not on some baller shit. I’d pay for his college, buy him a decent house, and set him up with like 36k a year through college. We’ll see what’s up after that.

My oldest sister, I’d have to sit down with her and my brother in law and see what they wanted to do. Probably buy them a house, furnish it, and charge them whatever the property taxes are for rent.

The rest of my siblings… who the fuck knows. One other brother would get a nice come up, but the rest is a mixed bag from ‘dead to me’ status to ‘approach with caution’. I’ll have to think about those.

-I have a few cousins (all sisters) that I’d help establish. The rest of my family can kick rocks for all I care.

Far as my dad, lol I might buy his burial plot but that’s about it.
12725437, All of Fiji would be mine
Posted by John Forte, Wed Feb-11-15 06:19 PM
I probably can't buy Fiji for 450 million, but I can pay mercenaries to take it by force
12725534, Um
Posted by Heinz, Wed Feb-11-15 09:26 PM
I would cop some new computer gear and go to Bora Bora with my bestfriend and my band for a month. Get my brother and nephew set up with a spot and a few million. Get my parents a new spot but I'll keep the family house and upgrade it for us to all come back to and I would probably live/work out of it on my own as well as a Tip Top loft downtown Toronto. Give my parents a few mill obviously. Oh and buy an office for me and my business partners.


____

TWITTER : Heinz21st

IG : H_N_Z
12725535, I'm running through Starlets and Lust because why not.
Posted by Kira, Wed Feb-11-15 09:27 PM
It's time to think globally and destabilize a region because the illuminati got my mind, soul, and my body.

I'm paying someone to bungie jump off the world trade center.

Some of y'all have Iron Man suits but none of y'all have a Gundam. I need the solar powered Gundam 00 suit.

Speaking of guns, I'm having the illest collection of weapons ever. Give me the Halo guns. Let a nigga hold a railgun just to see how it feel.

My university is receives an entire building named after me. Matter of fact, I need the Lebron James statue in several locations just to appreciate my greatness.

12725545, I am buying that red leather suit like Eddie wore in Delirious.
Posted by Castro, Wed Feb-11-15 09:38 PM
The rest is classified.
12725547, lol
Posted by SHAstayhighalways, Wed Feb-11-15 09:41 PM
12725579, I'm dead ass serious, and I'm walking around in it too
Posted by Castro, Wed Feb-11-15 10:57 PM
that is, if I am not be carried around on a palanquin.
12725588, Wear the ring outside the glove too!
Posted by rdhull, Wed Feb-11-15 11:17 PM
>that is, if I am not be carried around on a palanquin.
12725554, Travel all over the world
Posted by Chanson, Wed Feb-11-15 09:47 PM
12725570, Bria, Esther, Briana, Khyrsti, Maliah, etc
Posted by melmag, Wed Feb-11-15 10:23 PM
12725571, theres an undeveloped plot on my block in brooklyn
Posted by fontgangsta, Wed Feb-11-15 10:25 PM
i want to buy it and build a cool little apartment building for me and my friends to live in
12725578, i done told yall:every regular here gets 1000 bucks
Posted by rdhull, Wed Feb-11-15 10:56 PM
Even the assholes
12725584, after setting up fam, im organizing my own salary
Posted by wluv, Wed Feb-11-15 11:04 PM
i figure id have about 180 million after taxes.

About 55 million going to set up fam and a couple of friends that held me down in the past.

After setting up my own accts and setting a weekly salary of 7500, id book a trip right away to Hedonism 2 or some other island for 2 weeks.

Then id take mom to Africa, Japan, and then to Vegas. As she is aging that would be something id have to get done asap.

Then, once everyone is good, 1 million dollar shopping spree. Nice 400k home built on 3 acres, 3 car garage, and enough space for a nice RV. Dont know what kind of car id buy but id be googling for about an hour and settle on a couple of nice ones. 50k nice fishing boat, preferably a Grady White. Probably run charter trips off it.

Id probably live more moderately than most. As long as i can go fishing whenever i want, im good.

Tell you what i wont do. Get married. Im getting a vasectomy so no gold diggers cant trap me and just probably eventually have a chick live with me.
12725585, 1) Pay off student loans
Posted by magilla vanilla, Wed Feb-11-15 11:09 PM
2) Set aside 3 million for college/gap year for the boy.
3) Buy a brownstone in Brooklyn and a nice apartment in DC
4) Buy houses for Mom and Dad, with trusts to handle property taxes
5) Travel
6) Models' fees to get the photography back up and running.
7) get my weird-ass dream ten-car garage, and get them fixed up to cherry:

41 ford biz coupe
Impreza wrx
Triumph tr6
Alfa 164
Citroen 2cv
Jeep wrangler
Mk i gti
Saturn sc1
Smart roadster
Bmw 2002
12725599, i need a room filled with $$ like Scrooge McDuck
Posted by SooperEgo, Thu Feb-12-15 01:00 AM
12725696, I kinda wonder
Posted by Numba_33, Thu Feb-12-15 10:05 AM
how much it would cost to be completely invisible outside of folks in your immediate circle so that you aren't pestered and harassed by folks that would want a piece of the pie.
12725697, BITCH. uncle sam wasnt gonna let the black man win anyway.
Posted by Binlahab, Thu Feb-12-15 10:05 AM
fk work.


does it really matter?

wonder what bin's doing?
http://i.imgur.com/phECCMp.jpg
12725742, buy my folks house...
Posted by MiracleRic, Thu Feb-12-15 10:41 AM
buy a spot in the city...

start flipping a few houses in baltimore...if that is profitable off break...i'm buying a few rental properties and a couple more spots so i can live bi-coastal...

plop most if it into just about anything high-yielding

plop a smaller chunk of it into something high-risk

after i've already made money and all that jazz then i'd go on a month long strippers, travel, every other debauchery thing i'd be into

do more casual travelling...

then chill
12725836, I'd buy better friends
Posted by handle, Thu Feb-12-15 11:39 AM
Everyone would get dropped and I'd get better friends - ones who like me for the money.
12725920, in this order:
Posted by PROMO, Thu Feb-12-15 12:32 PM
2 or 3 houses for me and the wife (one home, two in vacation spots)

at least 3 of my dream cars and 1 for wife

i'd cop cribs for the rest of my family and my wife's family. probably in the same neighborhood so they could all be close.

after that it's kind of up in the air. i mean if you won solo you're sitting on something like 150-200M post taxes (off a 500M+ Powerball)...so even if all that stuff cost 20M you kinda have everything you need in life at that point.

at some point i'd definitely start a charitable foundation for disadvantaged kids from poor neighborhoods.

at the end i'd put it all in some safe investments and live off the few million in interest i'd get every year then pass it down like the new Rockerfellers and be one of THOSE families.
12725931, First thing: a financial advisor
Posted by Niq96st, Thu Feb-12-15 12:42 PM

12725936, RE: you just won the powerball...how do you spend the money
Posted by DaHeathenOne76, Thu Feb-12-15 12:46 PM
Hire two attorneys and two accountants

Hire a stand in to accept the money in public.

Put my mom on an allowance and get her a 24/7 nurse/sitter. She doesn't need a house (see sowhats post)

My dad has two paid for houses so he would just have his taxes paid on time so he doesn't end up like the rest of Detroit.

Nieces and nephews trust fund with a limit

Buy a couple of multi unit and put people I like in them (not rent free but low rent)
Travel Travel Travel

Hoard the rest and make people grovel for loans or gifts

I know I am a jerk the money will make it worse.

*****************************************
huh
12726050, RE: you just won the powerball...how do you spend the money
Posted by Tiggerific, Thu Feb-12-15 02:17 PM
Oh, this is simple. I would have my lawyer claim it. I wouldn't tell a sole. And I would randomly send family members checks through my dummy corporation so they wouldn't know it was me. And I would make sure they signs a confidentiality agreement that they wouldn't come to me for more money and they wouldn't say who gave it to them or how much they got. I of course would pay the taxes up front, put some in trust for my munchkin, pay off all our bills, and fund my hubby's and my respective businesses. I would keep working but live life. And I would probably donate some to my church and my old high school.
12726058, Building my mom a house, retiring her, paying off all her bills.
Posted by Huey, Thu Feb-12-15 02:28 PM
Take care of my sisters and immediate family and select friends. Travel for a while
12726127, i'll attend a home game of every NFL & NBA team with the best seats
Posted by BigJazz, Thu Feb-12-15 03:16 PM
they got. that would give me a reason to visit places i'd otherwise never go to...

i'd contribute the max to the 2 most honest politicians i can think of: Corey Booker in Jersey and Elijah Cummings in Bmore. if i plan to do any good in the hood, i'll have to spend some money to get some influence with people that got a seat at the table and can make things happen.

i would find a bunch of families that got their lights turned off and pay their outstanding balance to get them turned back on.

and i'd go down to the MVA and help pay people's fines so they can drive legally again.

i'm a simple dude. after conservatively investing half of the winnings, i'd run out of shit to buy after spending a couple of million. at that point it's time to do some good in the hood...




***
I'm tryna be better off, not better than...
12726151, Pay off all my bills & mortgage, and my immediate family's bills
Posted by spenzalii, Thu Feb-12-15 03:32 PM
So, Mom and dad, younger brother, inlaws. Pay the utilities up for a full year. Buy my Audi and stack away enough to have it repaired. Take a 3 month leave of absence from work during the summer and give my kids a real vacation. Figure out how to get an indoor nitro R/C track built in the area and do what Chris Whitney couldn't. Then figure out the rest
12726153, Go back to school...
Posted by BootyGreen, Thu Feb-12-15 03:33 PM
Yep, that's right, I'd go back to school and finish my undergrad (I owe my school too much money to finish now). After that, I'd go for my Masters.

Buy a car so I can finally stop riding the bus.

Buy a house (along with flat screens to replace my chunky tube TV's).

Clear my debt.

Break off a few mil for my mother and brother.

Help out friends who are struggling financially as well as folks in the community.
12726157, You will never know.
Posted by Case_One, Thu Feb-12-15 03:34 PM

.
.
.
"Today is your day to have a better life -- it's your right."
12726335, buy Tiger Woods island in Switzerland...:
Posted by Billy Ray Valentine, Thu Feb-12-15 05:54 PM
http://www.golfdigest.com/blogs/the-loop/2015/01/tiger-woods-former-island-for-sale.html

and stock it with swiss whores...
12726440, I would invest half of it in low risk mutual funds.....
Posted by KCPlayer21, Thu Feb-12-15 09:02 PM
and then take the other half over to my friend Asadulah who works in securities...




We the children of the Light, you know what I mean?
That's why I'm hating on the darkness like Paula Deen
Cause in my hood they masked up like it's Halloween
We going hard for the Rock, but we not some fiends
- Andy Mineo
12726446, pay some bills
Posted by bayoubyyou, Thu Feb-12-15 09:12 PM
Student loans....mine and my sister's, my car note, my medical bills, and take care of any debt my parents have.

I'd maybe buy a house. maybe.

I'd buy vials of sperm.

hopefully, id be able to build the women's center I've dreamed of.

And id give money to my old high school and the school i work at.


12726465, i'm taking like 4 million and going on a long ass trip
Posted by gumz, Thu Feb-12-15 10:13 PM
all types of shenanigans will occur on said trip and money will be blown...then when i get back i'll figure out what to do with the rest. while i'm gone it'll be set aside in some accounts and long term investments. i will probably write a will before i leave though.