What If You Had Millions?

This blog is my imaginings about what I would do if I won $14 million in the Powerball lottery.

Saturday, July 27, 2013

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I saw the electronic sign in the Metro yesterday; it was $19 million for Mega Millions and $195 million for Powerball.

I've come to see how $195m is absurd amount. I could never spend all that money in my lifetime - oh, hogwash. I definitely could. With my desire to take trips, move people and create events, art, public campaigns, I could easily blow through that amount of money in no time.

First, Mega Millions:

Nineteen million gross is $9.5m net, which is $950,000 over ten years or $336,000 over thirty years. 

Whoops, bad math. My phone tells me it's $31,666 over thirty years. So I guess that's just a normal salary and I can volunteer for work and give my money to charity.

No, wait; that's $950,000 over thirty years. Man I'm sloppy this morning. 

So, $316,000 per year over thirty years. $26,388 per month; about $6600 a week.

That means I could give my family $1,000 a month each and still pay off an expensive car in three months.

Or I could buy something more economical; I've been seeing those new VW Beetles around a lot and I could go for one of those; I like the new, flatter, racier look. (Maybe it's "elongated" more than "flatter.")

I was thinking the other day that a master plan for me would be to buy a rundown house, organize a program for teens to fix it up and learn building skills in the process, then donate the house to a needy family and move on to another house. (Maybe rent the house at an absurd rate to the working poor.)

Maybe the kids in the program could have levels, moving on from house to house and graduating in skills and becoming mentors and teachers in their own right as newer kids joined.

There's an abandoned strip mall storefront near my work; I'd like to rent a place like that and then open it up for people to use. The other day I was thinking of making it a kind of "indoor park" for babies; I think I even imagined outfitting it like a regular store (maybe with all big, blunt things - or toys - on the shelves) and then letting the kids wander around.

I wondered if you could have an "enter at your own risk" type of policy with that sort of thing, so that the parents are still responsible for their kids while they're in the place. 

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With $195 million, I'd want to create some political campaigns. I'd want to pay to register and educate voters across the country, on a close basis. I'd want to work on getting IDs for those without them in order to combat voter ID laws. I'd want to work in immigration somehow; either creating "cushion villages" for people deported or helping to demonstrate how deportation would wreck the economy. (I wonder if I could walk into a town in the South and pay all the illegals to quit and move, just to demonstrate how crippling it would be to the local economy; to show people how much they rely on illegals. (Akin to the movie "A Day Without A Mexican," which I never saw but found fascinatingly intriguing.)

I'd want to work on food and housing issues, and labor and finance issues. I'd like to help with child care and job training in the poor community. 

$195,000,000 is $6.5m a year over thirty years; $541,000 a month every year, and $135,415 a week.

Of course, that's going on the gross total; if you calculate it at 65%, it looks like this:
$126,750,000 net
$4,225,000 a year for thirty years
$352,000 a month
$88,000 a week

Every month you could buy two luxury cars (BMW, Audi, Lexus and the like).
In one month could buy a reasonable three-bedroom house in some suburban places.

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