*UPDATE* $1.28 Billion Cash Option: $747.2 Million Next Drawing: Friday, 7/29 @ 11 p.m. ET

[largebillsonlyplease]

Then you would be going broke, which would not make much sense

1st I knew you'd come in and disagree
2nd explain to me how I would be going broke my guy with 400m in the bank?

cause i didn't subtract any money techincally outside of the 5 million for the bills
what else i spent?
what else i buy?
what else did i do to go broke?


also

if i go broke and spent 400m dollars?
guess what SO THE FUCK WHAT
I LIVED A HELL OF A LIFE IF THAT HAPPENS

You gonna lose your shirt trying to be smart and investing in a hedge fund cause you looked at a dude on youtube who starts explaining your investment strategies by saying "this is not financial advice"

 

[largebillsonlyplease]

look around at the "smart people" people are prone to worship
they are losing their SHIRTS cause they were "cute"
go on and invest with them if you wanna

 

[dugington]

I'm a meticulous detail orientated person BY NATURE

finding inefficiencies and things that are "off" is a part of ME in every aspect of my life

you better believe there will be no accounting errors.

Well shit, maybe I can hire you as one of my three.

 

[jack walsh13]

And the church won't be getting one goddamn red Cent

 

[BrownTurd]

1st I knew you'd come in and disagree
2nd explain to me how I would be going broke my guy with 400m in the bank?

cause i didn't subtract any money techincally outside of the 5 million for the bills
what else i spent?
what else i buy?
what else did i do to go broke?


also

if i go broke and spent 400m dollars?
guess what SO THE FUCK WHAT
I LIVED A HELL OF A LIFE IF THAT HAPPENS

You gonna lose your shirt trying to be smart and investing in a hedge fund cause you looked at a dude on youtube who starts explaining your investment strategies by saying "this is not financial advice"

In life you have assets and debt. Assets bring in money and debt takes away money. In your scenario, you would only have debt. Your money would decrease at a substantial rate and then become accelerated with inflation. In that scenario you would have way to much money not to have the basic assets to live off of.

With that kind of money, you could easily get a return of 2%. You could make $200,000 just off interest without blanking an eye with that kind of money. You could get a few Chick fil a’s for example. Also, assets are easy to obtain with that kind of money.

Investing money does not mean “high risk”. 2 to 4% return is easy to get with that kind of money with extremely low risk.

 

[godofwine]

I would turn white supremacy on its motherfucking ear. I would do so much for black people and black businesses because I can take care of me with a million dollars. That's it that's all the money I would need for the rest of my life.

The rest, would go into creating a Service Disabled Veteran Owned Small Business the likes of which the world has never seen. And it's something that can be done in every black community from sea to shining sea

Before I get that in motion, I'd buy up the block, buy out all the jewish and Italian landlords, even if I have to overpay a bit. Arab and Asian businesses would be the first targets once the plan gets going

They won't be able to compete with what I have planned.

And the church won't be getting one goddamn red Cent

Think Black Wallstreet, but in every Black community across America. Believe me, I've been thinking of this plan for almost a decade.

I would just need the kind of capital where I don't have to ASK for anything.

I would take on investors and charitable donations, but the sole purpose of this business isn't to make money. It is to build a sustainable infrastructure fulfilling the needs of the community. It would do for the Black community what the church was supposed to do without the greedy pastor sucking up all the money spending it all on himself

When I say it can't fail, I mean it.

With the business model I have planned- actually, I need to copyright this business model- it is a legacy-type business that feeds itself without feeding off the people it serves to the point where they aren't able to succeed in the process.

You know the story about the circulation of a dollar? How many hands that dollar touches before it leaves?

Yeah, that part.

Shut this motherfucker DOWN

And it's something that will survive even if they kill me which they probably will attempt

 

[largebillsonlyplease]

In life you have assets and debt. Assets bring in money and debt takes away money. In your scenario, you would only have debt. Your money would decrease at a substantial rate and then become accelerated with inflation. In that scenario you would have way to much money not to have the basic assets to live off of.

With that kind of money, you could easily get a return of 2%. You could make $200,000 just off interest without blanking an eye with that kind of money. You could get a few Chick fil a’s for example. Also, assets are easy to obtain with that kind of money.

Investing money does not mean “high risk”. 2 to 4% return is easy to get with that kind of money with extremely low risk.

Lot of assuming and then fell into the trap of trying to FLIP to make more money

I know when you typed this you thought you were schooling me but you're mistaken sir

To start I have 293m after taxes

You're assuming I'm going to buy 80m in property and then owe the bills on that plus property taxes in perpetuity

WRONG

The money will collect interest. Normal interest which is a substantial amount of money based on the amount in the account

And to finish it off
You talk about owning a couple of franchises

Sir the object isn't to create more work and level up I am at the level

Why would I want to create more work for myself?
The franchises don't run themselves even if they say they do.
There's variables galore and most you cannot predict

If you are not a business owner currently or have knowledge on how to run a business don't start a business this isn't directed at you it's directed in general.

My money would not decrease at a substantial rate unless I tried to flip a few chic FIL A's cause I need to flip my money up from the 9 figures I currently have

We don't have that money right now and are doing pretty ok sir
If you had a 9 figure safety net why would you need to start playing away games?

 

[largebillsonlyplease]

Well shit, maybe I can hire you as one of my three.

For 6 figures a year sure

I can do it as a side job

 

[xxxbishopxxx]

Do you need a lawyer to create a trust? Can't use legal zoom or something?

If you win that kind of money, you can afford an attorney to do it. Besides, if you are talking that kind of money shit can get real complicated so a having personal attorney wouldn't hurt.

However, if you are that cheap (or you plan on doing one regardless), you can do one through legal zoom.

 

[largebillsonlyplease]

In life you have assets and debt. Assets bring in money and debt takes away money. In your scenario, you would only have debt. Your money would decrease at a substantial rate and then become accelerated with inflation. In that scenario you would have way to much money not to have the basic assets to live off of.

With that kind of money, you could easily get a return of 2%. You could make $200,000 just off interest without blanking an eye with that kind of money. You could get a few Chick fil a’s for example. Also, assets are easy to obtain with that kind of money.

Investing money does not mean “high risk”. 2 to 4% return is easy to get with that kind of money with extremely low risk.

Just circling back you said life is about assets and debts

and then proceeded to say if i don't buy assets I'll lose my money way quicker than if I did buy a ton of assets THAT DEPRECIATE and have tons of fucking variables year in and out

like you're saying I'm going to lose more money and go through my money faster paying off 1 property than owning a few properties and a few chick fil a's

lol

 

[Dr. Truth]

Cause no matter what you can run out of money.

Only if you’re a retard can you blow through hundreds of millions

 

[Star]

To largebillsonlyplease & BrownTurd and other's.. I am in the largebillsonlyplease camp. Lets say all this money came in. I have never had this kinda money. Nor owned a business, I have seen things and been places. So I do not need to go wild the first month. I know all the stories of sports people, actors, regular people. Losing all their money in crazy ways. Trying to flip big money into bigger money and losing everything. If money had such a guarantee way of tripling every 3 months, everyone would do it and there would be lots of trillionaires.
Bernie Madoff promised 10% interest a year. How did that work out?

I would first call Northern Trust, before I goto the lotto office to get the check. So everything is ready. Personal Taxes are around 37% Business Taxes around 15%.. They been around since 1889. That is their Job. Assets under management: 1.2 trillion. I do this for my Grandchildren, Not for me.

 

[TENT]

I am convinced everyone is retarded Dr. Truth. So yes. It happens.

Even smarty pants Elon Musk about to waste 1 billion if he don't buy Twitter.

If he buys it, he just wasted 50 billion.

Only if you’re a retard can you blow through hundreds of millions

 

[TENT]

So you would do everything yourself?
Technically it is enough money to just put in a bank account and spend a little bit until you die.

If you wanna be that guy to give to family, friends and children then ok.

However you don't need a team if you just don't give a fuck.

I'm a meticulous detail orientated person BY NATURE

finding inefficiencies and things that are "off" is a part of ME in every aspect of my life

you better believe there will be no accounting errors.

 

[geechiedan]

9 Mega Millions tickets were a Mega Ball short of winning it all



A few people came close to winning it all in Tuesday night's Mega Millions drawing, but they fell one ball short of cashing in on the massive jackpot. No one won the $830 million payout, and the estimated prize for Friday night's drawing has grown to over a billion dollars.

The winning numbers Tuesday were 7-29-60-63-66 with a Mega Ball of 15.

According to Mega Millions, nine tickets matched the first five numbers but didn't match the Mega Ball. The game's Megaplier feature was purchased for one of those tickets, raising its prize to $3 million, while the rest won a million dollars.


Two of the million-dollar tickets were purchased in New Jersey, two were bought in New York and others were sold in California, Florida, Illinois and Ohio. The $3 million winner was also from Ohio.

Mega Millions says 156 tickets matched four of the first five numbers and the Mega Ball. Three dozen tickets had the Megaplier feature, raising their prize to $30,000, while the rest won $10,000.

9 Mega Millions tickets were a Mega Ball short of winning it all

A few people came close to winning it all in Tuesday night's Mega Millions drawing.

www.cbsnews.com

thats what I'm talking about...while everyone is looking at the billion theres a 3 million winner who flying completely under the radar....thats the ticket I want.

 

[Owes]

Thankfully I never lost a cent playing, as I don’t bet on things I can’t control.

 

[easy_b]

Thankfully I never lost a cent playing, as I don’t bet on things I can’t control.

Apart of me agree with you But the other part of me wants that billion dollars (before taxes)

 

[godofwine]

I'm lucky. I think diamonds and jewelry are just pretty rocks and I'd spend a pretty penny on a bulletproof car with run flat tires. I don't know what kind of car but it definitely wouldn't be a Bentley or Rolls-Royce

I would spend a lot of money increasing the chances for black people in America to achieve some level of success. Off the interest alone I would make money, but if you look a few posts above you will see a vague part of my business plan for Black America

The only way I plan like this works is someone who is not greedy and solely interested in how much money they can make off black people is in charge of the project

 

[godofwine]

Thankfully I never lost a cent playing, as I don’t bet on things I can’t control.

Do it as I do. Buy four tickets, $8. If you win, great. If you lose, all you lose is basically a value meal

If you lose you basically bought lunch for yourself. No harm, no foul. But if you win, you can...whatever

 

[Joe Money]

The Mega Millions jackpot has now surged to $1.02 billion. Here’s the tax bill if you win

• If this jackpot is won, it will be the fourth lottery prize awarded that is worth more than $1 billion.
• The cash option — which most jackpot winners choose instead of an annuity — is $602.5 million.
• The IRS will take a big chunk of the windfall, and state taxes would likely be due as well.

The Mega Millions jackpot has now surged to $1.28 billion. This is the tax bill if you happen to win

Strong ticket sales have pushed the jackpot up to $1.28 billion for Friday night's drawing. It's now the third-largest lottery prize ever.

www.cnbc.com

 

[Pack Rat]

Jumped up again.....

$1.1 Billion Cash Option: $648.2 Million Next Drawing:
Friday, 7/29 @ 11 p.m. ET

 

[blackman80]

I would love to win this lottery!!..

 

[tpotda]

If more of these pro athletes and entertainers that made it big used the @largebillsonlyplease plan there would be a lot less of them having financial issues

 

[geechiedan]

ADVICE!

If you gonna get your tickets buy them in the white neighborhoods or suburbs....dont waste money on buying tickets in the hood. I have a suspicion that they don't allow big winners in the black and brown neighborhoods.

 

[easy_b]

ADVICE!

If you gonna get your tickets buy them in the white neighborhoods or suburbs....dont waste money on buying tickets in the hood. I have a suspicion that they don't allow big winners in the black and brown neighborhoods.

Yup I brought my tickets in blah blah blah Georgia yesterday so my fingers are crossed

 

[easy_b]

 

[darth frosty]

ADVICE!

If you gonna get your tickets buy them in the white neighborhoods or suburbs....dont waste money on buying tickets in the hood. I have a suspicion that they don't allow big winners in the black and brown neighborhoods.

It don't get no more ghetto than this...

Highland Park adult book store sells $128.6M Powerball ticket

A lottery ticket bought at a store in the Detroit enclave of Highland Park is the sole winner of the $128.6 million Powerball jackpot, the Michigan Lottery announced Sunday.

www.mlive.com

Also the winners were a church group.

 

[BrownTurd]

Just circling back you said life is about assets and debts

and then proceeded to say if i don't buy assets I'll lose my money way quicker than if I did buy a ton of assets THAT DEPRECIATE and have tons of fucking variables year in and out

Just a technicality and mainly for people who are reading this for knowledge. Assets don’t depreciate. That is a liability.

But I do understand what you were trying to say lol

 

[Empire]

ADVICE!

If you gonna get your tickets buy them in the white neighborhoods or suburbs....dont waste money on buying tickets in the hood. I have a suspicion that they don't allow big winners in the black and brown neighborhoods.

I think the same thing.

 

[tallblacknyc]

It don't get no more ghetto than this...

Highland Park adult book store sells $128.6M Powerball ticket

A lottery ticket bought at a store in the Detroit enclave of Highland Park is the sole winner of the $128.6 million Powerball jackpot, the Michigan Lottery announced Sunday.

www.mlive.com

Also the winners were a church group.

I know people that own lottery machines and they will tell you it’s a high percentage that the big winner will be in a white neighborhood..same when it comes to big scratch off winners.. they have trackers for all that shit so they can literally see where winners usually hit

 

[DragonXJC]

Only if you’re a retard can you blow through hundreds of millions

"Listen, listen..."

 

[tallblacknyc]

"Listen, listen..."

Robin givens, don king , prison sentence that 3 headed monster will kick anyone to the bottom

 

[largebillsonlyplease]

So you would do everything yourself?
Technically it is enough money to just put in a bank account and spend a little bit until you die.

If you wanna be that guy to give to family, friends and children then ok.

However you don't need a team if you just don't give a fuck.

You don't need a team unless you're trying to do TOO MUCH

1 lawyer setting up trusts
If you want to buy property get a good lawyer for that as well.

But none of your moves should REQUIRE an accountant to make sure you're tax compliant and shielded and you invested x amount and you took y out and you borrowed against this at y percent interest

yea yea i know all those tricks too cool
NO
i got the money to do what i want to.

 

[largebillsonlyplease]

To largebillsonlyplease & BrownTurd and other's.. I am in the largebillsonlyplease camp. Lets say all this money came in. I have never had this kinda money. Nor owned a business, I have seen things and been places. So I do not need to go wild the first month. I know all the stories of sports people, actors, regular people. Losing all their money in crazy ways. Trying to flip big money into bigger money and losing everything. If money had such a guarantee way of tripling every 3 months, everyone would do it and there would be lots of trillionaires.
Bernie Madoff promised 10% interest a year. How did that work out?

I would first call Northern Trust, before I goto the lotto office to get the check. So everything is ready. Personal Taxes are around 37% Business Taxes around 15%.. They been around since 1889. That is their Job. Assets under management: 1.2 trillion. I do this for my Grandchildren, Not for me.

If you are a current business owner just needing to expand or needing to get that "loan" then FUND YOUR DREAMS AND GLOW UP

if you are NOT a business owner don't start a business
cause then you'll end up having to PAY someone to run your business
and then since you don't know shit they are going to get you for all you're worth.

So go back to school and get a degree to start the business

at which time I'll be chilling and have 9 figures lol

 

[largebillsonlyplease]

Thankfully I never lost a cent playing, as I don’t bet on things I can’t control.

uber eats is $50 for anything to be delivered

fuck it off on some tickets one time