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If you won $50 million?

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Jonny "Me You" wrote: In Ontario all lottery winnings are tax free...so let me re-phrase the question by saying what would you do if you won $50 million clear?

I am surprised this thread came back up, I wrote it back in August.
Probably due to that recent large win in the US....

Here, lottery winnings are tax FREE!!! Happy
See?  Stanton and I are on the same page!  Kindred spirits!  My cause would be wayward cheerleaders!  God love 'em!
Second thought I would keep 1/2 then support causes that I belive in with the rest!
I'd go back to my original response---except I might double up on the cheerleaders.
In Ontario all lottery winnings are tax free...so let me re-phrase the question by saying what would you do if you won $50 million clear?

I am surprised this thread came back up, I wrote it back in August.
The offense would be the other way around.
Isn't that an offense? Touching the Principal.
Adrian-
I thought it was the cash payout after taxes.  So it would be about $25,000,000, $20,000 left after the expenses mentioned, the yield on the investments would be about $900,000 a year.  I think I could squeeze by on that.  The trick would be not to touch the principle.
If I won $50 million I'd:-

Give some to my family

Quit my job

See that there was no point to getting up in the morning

Become apathetic

Get fat

Alienate family and friends

Hit rock bottom

Use the remaining $49,497,942 on food and utility bills and council tax (joke for UK residents only I'm afraid)

Find another job

Wander aimlessly throughout the rest of my days

try to explain to the world that global warming isn't all doom and gloom and that the melting of ice berg's will not increase the planet's sea level much, (if at all). Well think about it for a minute. It's obvious isn't it?

invent a torch that can see through fog

then die.

Not forgetting, of course, to buy tonnes of DVD's along the way and yet remain curiously unsatisfied by the enormity of my collection.

Was the $50 million tax free? If not, then I'll have to think more carefully about this. Maybe invent the torch thing abit earlier up the chain.



captmarvel wrote: I'd put the leftover money, about $45,000,000 into interest bearing notes and live off of the $2,000,000 per year that it would yield.  While I would take along the folks and Jabba the girlfriend I might also start a halfway house for wayward cheerleaders.  Somebody needs to help them.

If you think you would have $45 million after taxes, I've got a few bridges to sell you.  Very Happy
Years ago there was an incredible Montana spread for sale on eBay.  Thousands of acres with mountains, streams and lakes.  Picturesque.  It was for sale for a couple of million.  I'd find someplace like that, build a house for a million or two, make sure I had a great home theater, reliable electric for phone and internet, and I'd only go in to town once a month for provisions.  I'd put the leftover money, about $45,000,000 into interest bearing notes and live off of the $2,000,000 per year that it would yield.  While I would take along the folks and Jabba the girlfriend I might also start a halfway house for wayward cheerleaders.  Somebody needs to help them.
I'd buy the rights to Caleb Carr's "The Alienist" and beg Neil Jordan to direct.
First I'd go on a massive massive shopping spree. Complete my DVD, Manga, Comic, Book collections etc. Hire some sexy female assistants to carry my shopping bags.

Second I'd travel to every place I want to go, spend months at each country living in a lap of luxury with sexy female interpreters to show me around their countries.

Third I'd book a ticket on a Space tourist shuttle for 2008.

Then after I've blown all my money and back to normal I'll sit down and watch my DVDs and read my books.
You should come to England Gabe, we've got great healthcare...

Anyway, back to the question. I don't think Natalie Portman is for sale, but fifty million would buy me a damn good lookalike. Perhaps I could rent Aurora Snow?
I'll build a film studio and make some films
Did the topic creator just say they'd buy pet midgets? Am I reading that right?

Anyways, I'd buy every single dvd I ever wanted, that'd be my first order of business. Then, a house with a nice theater room. That's pretty much all I can think of, no pet midgets for me, thank you. Maybe a pet giraffe or something.
I would put in a state of the art screening room in my home!  I would make look like a movie house!  I would also get my favorite book made into a movie  "A Confederacy of Dunces".  I would get Bruce Bedsford to direct it and David Mamet to adapt it into a screenplay!  
hmmm....I wouldn't be here at work now, that's for sure!!!
The hope is that I won't need the healthcare anymore when I get there, but thanks for the heads up. I don't drink, so I'll buy YOU the beer, buddy.Wink
Quote: Originally posted by Gabriel Powers
I've been seriously considering moving to Toronto or somewhere in B.C.


I'll buy ya a beer if you come this way. Wink Be aware though, I think you have to be a citizen or a landed immigrant of 2 or 3 years before you get access to the "free" healthcare. I could be wrong about the time involved though.
Like what Krazee Eyez Killa said:

"I'll get a bigger bed and have 3 or 4 !@#$%^&*!@# in this bed. I think I might buy a big screen and put it on the ceiling and Scarface play like 24/7".
That is some interesting info, Über Bio. And Johnny, as soon as my Doctors say I'm in the clear I've been seriously considering moving to Toronto or somewhere in B.C. I have heard that the "free healthcare" in Canada is having some problems, which is too bad. I do feel a resposibility to stay in the States long enough to make my vote count come 2008, but I'm not holding out much hope.
Quote: Originally posted by Gabriel Powers

If I had $50 mil, I'd pay off my med bills and then find a way to spread horrible, yet un-deadly diseases to insurance company CEOs.


Hope you're not dying or anything Gabe. If you lived here we have socialized healthcare too, but what you would pay in tax over your lifetime for the "free" healthcare is probably more then what you're paying right now. The perscription drugs are regulated and way cheaper though. Although, you'd probably be sitting for a hell of a long time in a waiting line to get seen or treated. Tongue
Quote: Originally posted by Gabriel Powers
I've never been to Sweden, but from what I hear I'd love to live there. What's the health care situation like there, because I'm losing money hand over fist here in The States.


The aim of Swedish health care is for the whole population to have access to good care services on equal terms. Care must be provided according to need, subjected to democratic control and funded by society as a whole. People must also have the opportunity to influence and participate in health care.

Health and medical care is a key element in the welfare system and is one of the sectors of society which people in Sweden feel most strongly about. The fundamental principles for public health and medical care are that care should be provided on equal terms and according to need, that it should be managed democratically and financed on the basis of solidarity.

In efforts to achieve this objective, it is important that the fundamental principles for public health and medical care are upheld. Rapid developments in medicine and medical technology combined with citizens demands for the best possible care mean that the basic structure and focus of health and medical care must be developed and new methods encouraged. In addition, more attention than previously must be given to organisational and leadership issues and to the potentials of IT support in developing and renewing health and medical care.

The health and medical care policy area includes agencies and government programmes targeted at health and medical care for the purpose of promoting and ensuring good health and medical care on equal terms for the entire population. The policy area includes health and medical care, its organisation, structure and financing, psychiatric care, care of the elderly, pharmaceutical issues, medical ethics, dental care and questions concerning qualification and competency of health and medical care personell.

The fundamental principles for public health and medical care are that care should be provided on equal terms and according to need, that it should be managed democratically and financed on the basis of solidarity. It is also essential for people to be able to influence and take part in health and medical care. These principles have strong support among the population.

The Medical Responsibility Board (HSAN), the Pharmaceutical Benefits Board, the Medical Products Agency, the National Board of Health and Welfare, the Swedish Council on Technology Assessment in Health Care (SBU) and the state-owned National Corporation of Swedish Pharmacies are agencies working within this policy area.
I've never been to Sweden, but from what I hear I'd love to live there. What's the health care situation like there, because I'm losing money hand over fist here in The States.


If I had $50 mil, I'd pay off my med bills and then find a way to spread horrible, yet un-deadly diseases to insurance company CEOs.
Quote: ...what would you do with $50 million bones?

Quit my j-o-b and buy more d-v-d's Laugh

Seriously i would move to a warmer country and definitely buy a small apartment in Tokyo because i just love that city.
asian babes for breakfast lunch and dinner. couple light ebony for appetizers.
Quote: Originally posted by Tom Woodward
You should get out more Wink


lol...I had just gotten off work. The last thing I wanted to do was go out. Tongue


Quote: Originally posted by Danny Boy
Here's a web site for you Jonny when you're bored..enjoy!


Thanks Danny. You can now call me a Senior Implementation Administrator Very Happy
Don't tell the missus! Wink
I would have a flippin' multi-million dollar mansion. One of the rooms will have a movie theater and all the movies in the US.
- -
Here's a web site for you Jonny when you're bored..enjoy!
- -
It's 5am and I can't sleep also.  50 million, I would definitetly build a sound proof house.  Every room would have speakers built in ceiling.  I'm not sure if my living room would have a mega widescreen tv or a projector.  But one thing for sure,  There's shit loads of DVDs that I would get.
Tom
You should get out more Wink
If you won $50 million?
It's midnight and I have a case of insomnia. Just curious, what would you do with $50 million bones? Say you just won it in the lottery..

I'm not talking about giving it to friends and family or investing or charities. I'm talking about the fun stuff just for you.

I would keep a house here in Toronto, and somewhere warmer like Miami. I'd build a home theater of my dreams and set up a room just to show off sculptures and props from my favourite films.

Plus I'd probably get a yaught, a few cars, etc.. I'd spend about 20 grand on a super NASA-like gaming computer from an over the top company like Alienware or Falcon Northwest.

I'd hire a private Chef, maybe get a couple of pet midgets, mack out my wardrobe with a lot more fur, canes and big hats and have someone compose me my own theme music.

Very Happy