Who won the lottery?
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@jon-nyc said in Who won the lottery?:
He said “well I still go out to eat every night like before, at pretty much the same restaurants. But now, when they hand me the wine list, instead of starting at the top and reading my way down, I start at the bottom and read up”.
And in a blind taste test, he wouldn't be able to tell which was the expensive one and which was the cheap one. Yep, that's how that works.
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@LuFins-Dad said in Who won the lottery?:
@Aqua-Letifer said in Who won the lottery?:
@LuFins-Dad said in Who won the lottery?:
@Jolly said in Who won the lottery?:
I've only known one person who won the lottery. Actually, I worked with his sister for years, I just met him a few times.
His win was the Powerball and his lump sum payout was (IIRC) a bump over $14M. He was a successful small businessman in St. Louis and after winning the lottery, he literally had to leave town and hide out with his sister for a few weeks. Everybody wanted a piece of the winnings. Business propositions, charity solicitations, phone calls from people he hadn't seen in years, people knocking on his door day and night, wanting money for something.
I don’t buy tickets, but I’ve had the same conversations we all have about what we would do…
I told my wife that if we ever hit, we would do the following BEFORE ever turning in the ticket —-
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from our own cash, we would get on the first flight to Europe… Get out of town… Take a 6 week sabbatical…
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As soon as we settled in at the hotel I would hire a trusted attorney, detective, and money guy. The detective would be hired to investigate me and my wife… I want to find every single possible debt, every single possible claim against me, etc… and settle them. I would also want them to erase my public footprint as much as possible. I would want to be as invisible as possible (which would also likely include a lot of social media stuff disappearing),,,
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The house would go up for quick sale, I’m not going to quibble on getting every single dime. I just want it sold and quickly. It’s going to be hotel living or renting an apartment in an upscale building with security and a front desk for a bit…
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New cell numbers, new email addresses, etc… The old ones will stay active, but will be shut down within a few weeks of actually turning in the ticket…
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The financial guy will be there strictly an advisory position at first. Once I take the money, the idea is to keep this as simple as possible. Take reasonable steps to protect my family. Simple investments that I can easily track and watch myself…
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Charitable donations and familial and friend obligations will be handled through trusts primarily….
Isn't all that a tad excessive?
Not at all. Read @jon-nyc s account. That jibes with what I've read about a lot of lottery winners as well as athletes and such that make it big, and that's nowhere near the type of wealth that this winner is bringing home.
jon's friend did about 1/100th of what you suggested, and by his own account, it sounds like he's doing just fine without your half-baked Bourne Identity strategy.
Please love yourself.
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@Aqua-Letifer said in Who won the lottery?:
@LuFins-Dad said in Who won the lottery?:
@Aqua-Letifer said in Who won the lottery?:
@LuFins-Dad said in Who won the lottery?:
@Jolly said in Who won the lottery?:
I've only known one person who won the lottery. Actually, I worked with his sister for years, I just met him a few times.
His win was the Powerball and his lump sum payout was (IIRC) a bump over $14M. He was a successful small businessman in St. Louis and after winning the lottery, he literally had to leave town and hide out with his sister for a few weeks. Everybody wanted a piece of the winnings. Business propositions, charity solicitations, phone calls from people he hadn't seen in years, people knocking on his door day and night, wanting money for something.
I don’t buy tickets, but I’ve had the same conversations we all have about what we would do…
I told my wife that if we ever hit, we would do the following BEFORE ever turning in the ticket —-
-
from our own cash, we would get on the first flight to Europe… Get out of town… Take a 6 week sabbatical…
-
As soon as we settled in at the hotel I would hire a trusted attorney, detective, and money guy. The detective would be hired to investigate me and my wife… I want to find every single possible debt, every single possible claim against me, etc… and settle them. I would also want them to erase my public footprint as much as possible. I would want to be as invisible as possible (which would also likely include a lot of social media stuff disappearing),,,
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The house would go up for quick sale, I’m not going to quibble on getting every single dime. I just want it sold and quickly. It’s going to be hotel living or renting an apartment in an upscale building with security and a front desk for a bit…
-
New cell numbers, new email addresses, etc… The old ones will stay active, but will be shut down within a few weeks of actually turning in the ticket…
-
The financial guy will be there strictly an advisory position at first. Once I take the money, the idea is to keep this as simple as possible. Take reasonable steps to protect my family. Simple investments that I can easily track and watch myself…
-
Charitable donations and familial and friend obligations will be handled through trusts primarily….
Isn't all that a tad excessive?
Not at all. Read @jon-nyc s account. That jibes with what I've read about a lot of lottery winners as well as athletes and such that make it big, and that's nowhere near the type of wealth that this winner is bringing home.
jon's friend did about 1/100th of what you suggested, and by his own account, it sounds like he's doing just fine without your half-baked Bourne Identity strategy.
Dude, it's an opportunity to totally reinvent yourself. It's FU money to everything and everyone in your past that you want to forget or don't want to keep dragging around.
That said, we are products of all the myriad of choices we've made, and experiences and relationships that we've had, so we probably can't totally put the past behind us.
Still, prepping for this in advance makes sense, because you never know...
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I suspect the main difference in my life if I won a gazillion dollars is that EVERYBODY WOULD LAUGH AT MY FREAKING JOKES!
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Not the same lottery as reference above, but the below guy won the largest prize ever. After single cash payout and taxes, he got USD$629MM
QUOTE
Castro purchased a $25.5 million home a month after claiming his prize on a Hollywood Hills hillside, living close to Ariana Grande, Dakota Johnson and Jimmy Kimmel.He also purchased a $4 million Japanese-inspired house in Altadena, CA, his hometown. It's just a short drive from the Mobil gas station where he bought his winning Powerball ticket.
Earlier this month, Castro bought his third house for $47 million from celebrity realtor Mauricio Umansky. The home boasts seven bedrooms, 11 bathrooms, a koi pond and a vast infinity pool. The property offers a panoramic view of the entire city of Los Angeles.
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Idiot
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@LuFins-Dad said in Who won the lottery?:
Idiot
What are the odds? Whenever I'm queueing behind people buying a ton of tickets, they always seem like the smartest people in the room.
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I do like what they do in the UK for Lottery winners. You told us about that, right? @Doctor-Phibes
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@Horace said in Who won the lottery?:
@jon-nyc said in Who won the lottery?:
He said “well I still go out to eat every night like before, at pretty much the same restaurants. But now, when they hand me the wine list, instead of starting at the top and reading my way down, I start at the bottom and read up”.
And in a blind taste test, he wouldn't be able to tell which was the expensive one and which was the cheap one. Yep, that's how that works.
Au contraire, mon frere. I could tell the difference. But then I have a well educated palate.
“I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill
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@Mik said in Who won the lottery?:
@Horace said in Who won the lottery?:
@jon-nyc said in Who won the lottery?:
He said “well I still go out to eat every night like before, at pretty much the same restaurants. But now, when they hand me the wine list, instead of starting at the top and reading my way down, I start at the bottom and read up”.
And in a blind taste test, he wouldn't be able to tell which was the expensive one and which was the cheap one. Yep, that's how that works.
Au contraire, mon frere. I could tell the difference. But then I have a well educated palate.
Funny, same guy, well before the lottery win (he was a former trader turned Nasdaq exec in his mid 50s then, so very comfortable) said this to me once:
"Next time someone tells you they can't tell the difference between a $20 bottle of wine and a $200 bottle of wine, ask them when was the last time they had a $200 bottle of wine."
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About three months ago. But I’ve had most of the world’s finest wines at on time or another. There’s a marked difference.
Now, that is not to say price = quality. I had a Pinot Noir tonight that I paid $12 for ( at a discount) that could stand up to most $50 bottlings. But the wines that achieve a great reputation usually deserve it.
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The comment wasn't directed at you, it is meant for people who say they can't tell the difference.
I drink pretty inexpensive wine, except once a year at my Vegas gathering. The old work buddies I go with invariably defer on the wine selection to the oenophiles in the group. That results in many of us drinking $400 wine who would be happy with $40 (there are no $20 wines post restaurant markup).
That trip is coming up three weeks from now.
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@LuFins-Dad said in Who won the lottery?:
I do like what they do in the UK for Lottery winners. You told us about that, right? @Doctor-Phibes
They laugh at their jokes. Yes, I did mention that.
Also, they supply a banking advisor.
However, what I would really like about winning the UK lottery is that it's untaxed.
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@LuFins-Dad said in Who won the lottery?:
Idiot
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Lucky idiot, the "lucky" part being true at least for the time being.
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Would that be more or less idiotic than spending $44B to acquire Twitter?
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@jon-nyc said in Who won the lottery?:
... people who say they can't tell the difference.
I think of it as "cannot consistently rank", along the lines of:
Given any two choices: A and B
While one can consistently detect that A≠B, one may not be able to consistently rank whether it's A>B or A<B over time.
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I can't tell the difference between beer that costs $20 for 12 bottles (144 oz) vs. beer that costs roughly $17 for 4 cans (64 oz).
The reason I can't tell the difference is it's the same freaking beer.
I'd always assumed the really expensive wine is going to be different. It sure is with whisky, to the point where it's essentially a completely different drink. Presumably, as with most things, there's a sweet spot regarding quality vs. cost, which may vary depending on the user, and more importantly the user's wife.
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@Axtremus said in Who won the lottery?:
@jon-nyc said in Who won the lottery?:
... people who say they can't tell the difference.
I think of it as "cannot consistently rank", along the lines of:
Given any two choices: A and B
While one can consistently detect that A≠B, one may not be able to consistently rank whether it's A>B or A<B over time.True, but “can’t tell the difference” is a much stronger statement. Nobody would think perceived quality correlated perfectly with price.
DON’T let them eat cake.
- RFK Jr -
@jon-nyc said in Who won the lottery?:
Nobody would think perceived quality correlated perfectly with price.
Snort.
