Breaking Down My PowerBall Winnings

 So the PowerBall drawing is set for Saturday night and is up to $1.40 Billion.

Seems like a lot of money, and it is.... but the MOAM needs to break this down for the Peeps.

First, the $1.40 Billion only applies if you agree to let the Goverment dole it out to you in increments over 30 years.  Do you trust the State to keep its promise and deliver this payment to you????  Me Neither.....

Second, if you opt for the lump sum, it is $643.7 million.  Seems strange that the Government discounts your winnings by over $700 million just because you decide to take it immediately, doesn't it?   So the original figure of $1.4 Billion is really deceptive.

Third, the Federal and most State Governments skim taxes off of the top.... about 40% of the lump sum.  In this case, you would be handing the politicians and bureaucrats $257.5 million.  WTF For???  Why do they deserve this money??? What the hell did they do to earn it?  Anyway.....

So you are left with $386.2 Million.  Most people just say "Stop complaining you idiot".  But that's not the point.  They say you won $1.4 Billion, but you actually recieve a BILLION less than that...... and nobody questions it.  We are a herd of freaking sheep... aren't we?

Anyway.... that leaves you with $386 million to deal with.  All of your friends and family will treat you way differently.  Most will hate you, a few will be happy for you, but you will rarely be able to see which is which.

You'll have to hire security, because the criminals and con artists will have you squarely in their sites.  You will really have to go underground for a while until you construct an environment that is suitable to emerge into.  And you better lawyer up for all the false charges and crap that will flow your way.  

But if you can manage the Bullshit, a whole new world will be available.... restricted only by your intelligence and imagination.

The MOAM would take that money, set up some trusts and stuff for loved ones.... even if they don't love him anymore.  Then he would invest the money into real estate.  Housing for low and moderate income people for the most part.  I would make sure that the ownership entities obscured the ability for people to know who they are renting from, and I would have a cadre of remodeling and maintenance workers gainfully employed on a permanent basis to take care and improve the properties that we acquire and rent out.  No investing in stocks and funds.... just purchase of existing neighborhood housing to make it nicely maintained and available at a reasonable rent.  I firgure that I should be able to accumulate about 500 units or so of existing one, two, and three family structures. and continually maintain and improve them.

Plus, there would be plenty left over for me to buy new houses, cars, take trips and other stuff. 

That's what the MOAM would do.

How about you?   What would you do?