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.
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