Sunday is National Lottery Day. What would you do if you won a pile of 'fuck you' money? First, I'd sit on that pile for some period of time. A cool down period, if you will. Then I would move to reach my financial and life goals early. Purchasing and living with relative financial freedom on my Vermont property. Travel to a new location each year. And of course, set my kid up to succeed. Shoot, I'd even upgrade my duck's coop. Y'all enjoy your summertime weekend. Any BBQs, lake days, or roadtrips planned? I need to get out this weekend to enjoy the firepit, summer heat be damned. I've got friggin sunflowers growing out of it. This cannot stand! Happy Friday, folks.
If I won the lottery I'd find out who's the best attorney to help with these kinds of massive financial windfalls, then get all my affairs in order so no one could touch it except for who we want (our kids) if something were to happen to us. I'd also use that attorney to help me hire someone smarter than me to figure out how to get the most out of the money in terms of interest, investment, where to park it. Only fun things would be I'd buy some property in Colorado I could hunt and fish on, and build a pad for an RV I'd buy to drive to it. I'd also buy a fishing boat I could take down to the coast with my boys.
Pretty solid week so far. Had my bday earlier this week and had a fun time bowling with some friends and family. Buddy of mine took me out for lunch yesterday and convinced me to peel out of work early (which I never do) and take the boat out. Ended up at a restaurant which happened to be near where the wifey was running some errands so she met up with us. Then one my bday gifts came in this afternoon. It's called a Dragy and it's a ridiculously accurate GPS device that you put in your car and it measures all kinds of performance stuff. 0-60, 1/4 mile etc. Can't wait to put it in my car and burn some fossil fuel. How much is considered "fuck you" money? Gotta be at least $10,000,000,000 IMO. Super yachts aren't cheap.
I'd say to take it literally. How much money would it take you to say "fuck you" to your job and financial obligations and live like you want. I don't want a super yacht so I wouldn't need as much as you. It also depends on the cost of living in your location.
I always figured that "fuck you" money is where work crosses over into being a choice rather than an obligation. That's significantly less than $10m for me. The "safe withdrawal rate" on $10m is $300k/year, and I definitely wouldn't need that much to tell everyone to kiss my ass on the way out of the building. I think $3m is the number. $90k/year in guaranteed income is plenty that I could work if I wanted to but would never have to. I have no kids, and no obligation to live in a high cost area so that makes it easier. If I ever won a truly big pile of money, though, I'd have a hell of a lot of fun giving it away. I think the former Mrs. Bezos is pursuing this life path; she's practically firehosing money into charities.
We got a work pool going, 37 of us. Should net each of us 7 mill pre-tax, high 4's after everything. Definitely not fuck you money, but enough to pay off the house and property taxes for a good while, clear all debts, invite the good lass above for a nice weekend away from all her troubles.
I’ve played the lottery maybe twice, but if I’d ever won I’d never tell a soul other than my wife and probably not spend any of it quickly. My cousin got like $250k from insurance after a bad car accident and the vultures came out in no time.
I think 10 mill or so would be enough (like Binary it could be much less to walk away from my job). 10 million will pay out nicely with interest and fund the type of life Id like. Hunting cabin somewhere nice, Florida home for the winters, and some world traveling. Single ticket winner of like 500 mill? 250 after tax? Im giving Hunter Biden a run for his money smoking crack and banging hookers. Actual hot hookers, not the slags he had jacking him off with their feet.
So I am watching an episode of House Hunters international and they looked at an apartment I used to live in. Not the building, but the actual unit. Kinda of a mind fuck. They didn’t pick it though.
Of course, two chicks at one time, man, but I remember the last time we had a thread like this, it made me think of Richard Branson. Remember that picture of him water skiing or parasailing with that gorgeous naked woman hanging on his back? I like what Binary said. $3-4 million I'd be happy, but have massive millions and be able to give a bunch away would be lots of fun. Helpful charities, Alzheimer's research, setting up fully funded scholarship endowments in my father's name. But, definitely also the hot naked chicks.