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What would you do if you won the lottery for $1.5 billion?

(Jun 10, 2022 10:36 PM)Raymond Reddington Wrote:  


Great movie, The Gambler.
I would build some business to be asured that money will not end and i will travel everywhere and i would help some people
(Jun 11, 2022 12:16 AM)MindkcuF Wrote:  Great movie, The Gambler.

Yep, check out Wild Card too if you haven't seen that. There's an intense scene at the end over a Blackjack game.
And of course, Kevin Spacey's 21 is a classic watch about mathematicians leveraging card-counting.

(Jun 11, 2022 12:59 AM)diablospartan Wrote:  I would build some business to be asured that money will not end and i will travel everywhere and i would help some people

Passive income is the way to go; when you have multiple income streams setup from your fortune in various sectors of the economy, the chances of it dwindling is near-negligible.
(Jun 11, 2022 01:02 AM)Raymond Reddington Wrote:  Yep, check out Wild Card too if you haven't seen that. There's an intense scene at the end over a Blackjack game.
And of course, Kevin Spacey's 21 is a classic watch about mathematicians leveraging card-counting.

21 is also a great movie but I haven't actually seen Wild Card. Shall give it a watch now, thanks bud
(Jun 11, 2022 02:46 AM)MindkcuF Wrote:  21 is also a great movie but I haven't actually seen Wild Card. Shall give it a watch now, thanks bud

And of course Ocean's series are classic picks dealing with similar genres. Do let me know if you have more suggestions.
Looking forward to hear what my fellow members' opinions are in this case!
Probably spend half on property, well a good bit anyway l I know that’s a safe investment probably give my mom a nice chunk too. Too many things off the top of my head I’d have to sit down and think about it.
I would play it safe and boring. 25% in stocks, etf, sp500, 25% in houses, 5% in aquiring business for passive income streams such as sites from empireflippers, 40% on creating some business to improve humanity in some way and 5% to splurge on fun stuff and improving quality of life
500m in crypto, retire and just enjoy my life carefree with the rest of the 1b, travelling, helping other people, etc
I'd keep a couple of million for myself, and then make sure the rest takes care of the next 7-8 generations of my family.
Investments start making that money work for me I would instantly focus on building several projects to keep the money flowing and then live off the profit.
[Image: maxresd2efault.png]
I’d buy a nice house and make many donations.
Lilith<3
(Sep 5, 2015 07:32 PM)Happeh Wrote:  Activity is a sign of depression.
Well, since with that much money you could live off of interest alone in a very shite bank account, I'd probably buy a fuck load of houses throughout the UK and start bringing rent down as cheap as I could to still cover expenses of having building managers and proper maintenance cuz right now, rent everywhere is becoming dumb. It would be nice to be able to make a difference, and 1.2b, even after tax at maybe even 500-700mil, is enough to buy a large ass number of houses. After that, I'd chill in a decent house and go travelling n keep reinvesting the money from renters into a larger chunk of houses and again, keep rent low and house quality at a good level.

Can't keep seeing people choosing between having a house to be happy and comfy in or eating, just don't sit right with me tbh.
(Jun 12, 2022 05:54 PM)Prawnster Wrote:  Well, since with that much money you could live off of interest alone in a very shite bank account, I'd probably buy a fuck load of houses throughout the UK and start bringing rent down as cheap as I could to still cover expenses of having building managers and proper maintenance cuz right now, rent everywhere is becoming dumb. It would be nice to be able to make a difference, and 1.2b, even after tax at maybe even 500-700mil, is enough to buy a large ass number of houses. After that, I'd chill in a decent house and go travelling n keep reinvesting the money from renters into a larger chunk of houses and again, keep rent low and house quality at a good level.

Can't keep seeing people choosing between having a house to be happy and comfy in or eating, just don't sit right with me tbh.

I heard some banks in EU charge you a negative interest for keeping too much funds lying there. It's rather ridiculous.
https://www.ecb.europa.eu/ecb/educationa...te.en.html

Of course, with a billion you're not going to have it lying around in the bank, there are easier ways to ensure APYs with solid investments, especially real estate. Let's also not forget the possibility of running hundreds of ETH 2.0 validator nodes.
Pretty much live the same way but with a little extra comfort.
[Image: w8lZj5v.gif]
"Clarity is the counterbalance of profound thoughts."


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