DontTazeMeBro Posted August 23, 2017 Share Posted August 23, 2017 Lump sum. I'm not buying everyone in my fam a Rolls. No tigers. No G4 flights to Bangkok. I'll be alright. Link to comment Share on other sites More sharing options...
Hockey5djh Posted August 23, 2017 Share Posted August 23, 2017 Just got back from buying a bunch of tickets for the office pool. Already have my cut spent in my head. Link to comment Share on other sites More sharing options...
Hockey5djh Posted August 23, 2017 Share Posted August 23, 2017 22 hours ago, EliteTexan80 said: I understand the odds are against me - I'm more likely to get struck by lightning while being attacked by a shark - but it's a few bucks that I won't be spending on a snack to sit back and fantasize on what I'll be doing when I get that kind of money. This is where i'm at. Its $5 that I didn't waste on snack/drink when I left the office at lunch time today. Link to comment Share on other sites More sharing options...
DontTazeMeBro Posted August 23, 2017 Share Posted August 23, 2017 So these office pools. Do y'all actually put anything in writing? Link to comment Share on other sites More sharing options...
ET80 Posted August 23, 2017 Author Share Posted August 23, 2017 34 minutes ago, DontTazeMeBro said: So these office pools. Do y'all actually put anything in writing? Traditionally, yes. Whoever coordinates it gets signatures when they collect, confirming who is in. Once everyone pitches in, somebody buys the tickets, makes copies for everyone along with the signature page. That's how I've seen it ran before - no hard and fast set of rules, but a bit of an honor system. I'm still kinda new in the office, so don't know if anyone here is putting one together. Link to comment Share on other sites More sharing options...
cddolphin Posted August 23, 2017 Share Posted August 23, 2017 40 minutes ago, DontTazeMeBro said: So these office pools. Do y'all actually put anything in writing? Even so, not something I'd partake in. I could see that going really, really wrong. Link to comment Share on other sites More sharing options...
Hockey5djh Posted August 23, 2017 Share Posted August 23, 2017 45 minutes ago, DontTazeMeBro said: So these office pools. Do y'all actually put anything in writing? No, but I'm the one that collected the money and bought the tickets, and i'm not an a hole. If we were to win the first person i'm talking to is a lawyer to make sure its done right and even including taxes and the like. Link to comment Share on other sites More sharing options...
ET80 Posted August 23, 2017 Author Share Posted August 23, 2017 53 minutes ago, Hockey5djh said: Just got back from buying a bunch of tickets for the office pool. Already have my cut spent in my head. Wife and I have some plans, I tell you. First off, incorporate. The money goes to EliteTexan80, Inc. NOT ET/Mrs. ET. Ain't nobody coming out of the woodwork to sue me. Pay off all existing debt (not much, just the car and the house, a credit card or two). Fall off the grid for a few months. Preferably in Greece. Spain is another option. Create business plans for side ventures, specifically around property acquisition, elderly care and child care. Create donation plans (probably going to put money into Autism research). Come back stateside, continue our lives as it was going (school, work, etc). Buy that new Cadillac CTS-V Buy the wife a Cadillac Escalade Wife and I agreed that big house and property for our own use isn't purchased for 10 years minimum. We love our house. Link to comment Share on other sites More sharing options...
Csonka Trucks Posted August 23, 2017 Share Posted August 23, 2017 Just now, EliteTexan80 said: Wife and I have some plans, I tell you. First off, incorporate. The money goes to EliteTexan80, Inc. NOT ET/Mrs. ET. Ain't nobody coming out of the woodwork to sue me. Pay off all existing debt (not much, just the car and the house, a credit card or two). Fall off the grid for a few months. Preferably in Greece. Spain is another option. Create business plans for side ventures, specifically around property acquisition, elderly care and child care. Create donation plans (probably going to put money into Autism research). Come back stateside, continue our lives as it was going (school, work, etc). Buy that new Cadillac CTS-V Buy the wife a Cadillac Escalade Wife and I agreed that big house and property for our own use isn't purchased for 10 years minimum. We love our house. You forgot buying me an Nissan Skyline. I'll take it in blue, k thx Link to comment Share on other sites More sharing options...
ET80 Posted August 23, 2017 Author Share Posted August 23, 2017 2 minutes ago, patdt13 said: You forgot buying me an Nissan Skyline. I'll take it in blue, k thx You see, had I got that lump sum, I'd totes hook you up. But, you know - 30 year annual payment kinda keeps me tight. I know, I'm just as disappointed as you. Check back in around 3-5 years, bruh. Great car choice, BTW. Link to comment Share on other sites More sharing options...
Csonka Trucks Posted August 23, 2017 Share Posted August 23, 2017 But on the serial, if I won, I'd probably would have a similar game plan like ET's. Go back to school and get my Masters in Public History because why not Travel the world Find companies to invest in Build the house from Secret Window and live in it Buy a Nissan Skyline Donate 10 milly to food pantries across Connecticut. Buy ET, Des, Husker, Fret, B60, what ever car they want. Knowing B60, it's probably a Civic so cheap enough. If anyone hasn't seen Secret Window, this is the house Link to comment Share on other sites More sharing options...
ET80 Posted August 23, 2017 Author Share Posted August 23, 2017 14 minutes ago, patdt13 said: Buy ET, Des, Husker, Fret, B60, what ever car they want. Knowing B60, it's probably a Civic so cheap enough. ...well if you're buying: Link to comment Share on other sites More sharing options...
fretgod99 Posted August 23, 2017 Share Posted August 23, 2017 I would argue that collecting your lottery earnings and setting it on fire is far dumber than taking the annual payments, clearly meaning the latter isn't the dumbest thing you can possibly do. One could make a fair argument that not collecting on your earnings at all is also far dumber. If you're financially well-educated and have a number of people you trust to help handle your affairs, absolutely go for the lump sum. I'm not going to criticize somebody for taking the annuity, though, even if they lose out a bit on some money in the long run. Hell, it's not like it was money you had to lose in the first place; you're still in the black, all things considered. *shrug* Link to comment Share on other sites More sharing options...
cddolphin Posted August 23, 2017 Share Posted August 23, 2017 14 minutes ago, fretgod99 said: I would argue that collecting your lottery earnings and setting it on fire is far dumber than taking the annual payments, clearly meaning the latter isn't the dumbest thing you can possibly do. One could make a fair argument that not collecting on your earnings at all is also far dumber. Let me have my internet hyperbole. Link to comment Share on other sites More sharing options...
ET80 Posted August 23, 2017 Author Share Posted August 23, 2017 10 minutes ago, fretgod99 said: If you're financially well-educated and have a number of people you trust to help handle your affairs, absolutely go for the lump sum. I don't disagree with this in the least - but once upon a time, the most trusted man in wealth management was Bernard Madoff. Founder of NASDAQ, chair of several oversight boards domestically and internationally and viewed as a generally trustworthy guy - until he was arrested for the largest Ponzi scheme ever created. At the very least, have someone watching the watchmen. Create checks and balances, have people on staff strictly for the purpose of oversight, and never fully trust anyone outside of direct family (unless your direct family is crazy). Link to comment Share on other sites More sharing options...
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