i'm curious about the diminishing returns aspect. Like seriously is half a billion going to make an individual proportionally happier than say $50 Million. It appears people think oh well if it was only $50, 10, 1 Million I wouldn't play (presumably because of the odds) but $500 Million! thats a different story.
I think with all the things ide want to do, all the investments i'de want to make, and all the family I'd want to hook up i feel like i'de need probably a minimum of about 80 million. So in a way winning a billion dollars as oppose to 80 million wouldn't make me proportionally happier, because what i could do and want to do with a billion dollars, i could equally do with 80 million.
Say if i won 80 million My immediate family would be getting 7 million each in a trust fund, so that's 35 million right there. Probably another 10 mill for extended family and friends. Probably a 4 million dollar home and a million dollars worth of cars. Probably a million dollars in clothing, sneakers, shoes, furniture, and home modifications.
After all that i probably would've spent about 50 million. I'de like to put about 10 million in my checking account, and about another 10 in a savings account.
If i were to win a billion dollars the numbers would remain exactly the same. I would only need about 70 million of that billion. The rest would just be invested in.
So in retrospect, of the $550,000,000, the net payout would be about $240 million. about 70 million would be reserved for everything mentioned above. Everything else would be invested in.
Tired of wastin my money on that crap. I'd rather play it when it's at the minimum than this large, play the odds
