Payoffs

For one million dollars, I would get $500,000, which would pay $50,000 a year for ten years. Or $30,000 a year for 16 years. Probably a better bet.

For 2 million dollars, I could get $1 million in a lump sum, meaning $50,000 for 20 years, or $25,000 for 40 years.

Maybe I could ramp it up and down; giving myself $30,000 the first year and $25,000 the second year so as to pay off some bills up front and then save that money again.

For instance:
Pay Brother 1 $2,000
Pay Brother 3 $800
Pay Friend 1 $800
Pay Aunt $800
Pay taxes = $3,000

I would start with the tax bill. I pay ~ $3,000 and now I have $27,000 left. (Maybe I add rent to that and go down to $26,000.) After that I pay myself $2,000 a month. In December I pay back my aunt. In January I pay back my friend. In February I make partial payments to both brothers. In March I make partial payments to both brothers, paying off brother 3 and clearing half of Brother 1's bill. In April I pay Brother 1 again, splitting that bill with brother 2, who I forgot I owe $1,000. In May I pay off Brothers 1 & 2.

Of course, there are other bills outside of these I need to be paying on at all times. God, money is a bitch.

I was thinking that if I could win a scratch off for 5 or 6 thousand that I could pay off my aunt and my friend and live on the rest for four months. Of course, I would be trying to get jobs in that four months, but I wouldn't be as worried about all of my debt during that time.

Ugh. This is unhelpful, thinking about free money. I should go back to working on getting real money from real jobs.