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Buell Forum » Quick Board » Archives » Archive through October 14, 2010 » What would you do, if you won the lottery? » Archive through October 10, 2010 « Previous Next »

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Geforce
Posted on Sunday, October 10, 2010 - 12:48 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Well, even if you don't play the lottery... what would you do if your lump sum was 100 million dollars after taxes?

I haven't played the lottery in years, even then it was an occasional ticket every couple of years. I always had a good plan though if I ever DID come into a large amount of money.

So, here's my plan.

The first thing I would do is pay off all my debts. I would set aside a portion of the funds to improve our home and then I would pay off my father's debts.

As he is retired now, I would rebuild the original ranch house and offer it to him to complete his retirement dreams.

The majority of the money, $50 million, would be invested. I would use the remainder of the funds to donate to charities or projects that help my fellow wounded warriors.

What is left, I would complete the frame off restoration on my 1987 Buick Grand National, complete the projects going on at home, and probably build a nice detached shop for the toys to sit in.

With a little planning and careful spending, I think the wife and I would get out and visit some places and then settle back in at the house and figure out where to go.

I would finish off my contract with the Army and probably seek employment elsewhere. I don't think I could sit around and just do nothing.

Of course, my wife would be obliged to have some things I'm sure she'd like to have but she's not a material person really either. I think we'd have a good time getting things settled and have some fun.

I think Erik Buell Racing and a few Buell privateers would be getting a nice boost as well. I would also ask to be put on the 1190RS list.
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Iman501
Posted on Sunday, October 10, 2010 - 01:35 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

.....that would be a lot of money....i'll have to think of a plan...i'll get back to ya
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Froggy
Posted on Sunday, October 10, 2010 - 01:48 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Sounds similar to my plan. Pay off debt, invest the rest, I' sure the interest of 100 million would be enough to live off of without working full time. So I would get a part time job just to keep busy.
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Bikertrash05
Posted on Sunday, October 10, 2010 - 01:51 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

This is always fun to think about.

I'd pay off my parent's house, and give them some extra.

Then I would disappear. Change my identity. Buy a condo in AZ. Oops, I've already said too much.
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Kenm123t
Posted on Sunday, October 10, 2010 - 01:55 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Play like most of us would. Start a Hound rescue match up dogs with returning veterans I m in the contracting business keep that going and teach veterans the business so they could work in the field or become contractors as well. Farm the old home place just for fun
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Cityxslicker
Posted on Sunday, October 10, 2010 - 02:35 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Funny, I was just thinking about what to do when money means nothing.

Bullets, gas, guns, an off grid hide a way, small plot farmin, killin ground animals for food, and bringing down SUV's for their gas.

I dont think they need to remake Mad Max, we all maybe living it soon enough.

I could pre fill a container and be in Russia in under two weeks.

If I won the lottery, it would be fill every nook and cranny of a big garage with bikes and toys... come end of days, its the go bag by the door, the guns, the trail bike and the truck, see ya in three years.
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Speedfreaks101
Posted on Sunday, October 10, 2010 - 02:38 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

In would quit my job and see how many fast food joints & grocery stores I could get fired from for poor service.

Then open a brothel/bar/oil change/vet clinic/BBQ joint. I figure that would cover all the bases for man & his best friend.

(Message edited by Speedfreaks101 on October 10, 2010)
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Rocketsprink
Posted on Sunday, October 10, 2010 - 05:43 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

move out of Wisconsin so I don't have to deal with winter anymore! After that, ?
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Birdy
Posted on Sunday, October 10, 2010 - 06:49 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I‘d have to see if Erik would be looking for an investor.
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Pwnzor
Posted on Sunday, October 10, 2010 - 08:23 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I paid off my parents' house years ago.... so I'd buy my mom another one here in Georgia and then give her half of what's left. Then I would pay cash for the house we're currently buying. I would also pay off my ex's house. Buy houses for both my sons and pay for their college. Set up accounts for my girlfriend's kids for their continued educations and to buy them homes. New cars all around. Pay off my church's mortgage and all their bills. Fund their homeless feeding and clothing program in perpetuity.

Half the remainder to my girlfriend. After lavishing her with diamonds and other shiny things.

For me, a brand new 5 axle wrecker. I'd go around doing heavy towing and difficult extractions for free.

And I would buy Al's S3T and a custom H1.
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Jaimec
Posted on Sunday, October 10, 2010 - 09:14 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Quit my job, bank it all, load up the K1200LT and disappear for a few months.
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Ft_bstrd
Posted on Sunday, October 10, 2010 - 09:27 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

For the sake of my children, my marriage, and my soul, I'd give the vast majority of it away.

I've seen what sudden wealth does to people and families.
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Gunut75
Posted on Sunday, October 10, 2010 - 09:36 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

$100 mil huh? Honestly, I would do everything I ever wanted, and I'd still have a lot left. So, I dunno. I'm sure I'd figure something out.
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Crackhead
Posted on Sunday, October 10, 2010 - 09:53 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

have a lawyer collect my winnings, an investment banker set it up so i live off the interest, fix up my house/ pay it off, and teach Leave No Trace to Scouts around the country.
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Paint_shaker
Posted on Sunday, October 10, 2010 - 09:54 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Pay off all the bills for my family, my wife and I.

Retire early.

Donate to the charities of my choice.

Go racing!

Pay cash for everything.
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Just_ziptab
Posted on Sunday, October 10, 2010 - 10:12 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

A local couple won 200 million,took 100 million,lump sum.I don't think they have a clue as to what big money is.I think they bailed out family and pretty much banked rolled a new animal shelter of over a million bucks. I think they were asked to leave their jobs because of the problems their known wealth caused there. Still bowls with the guys and still checks vending machines for left behind change!

Me? I would hire security to keep away greedy beggars when on the home turf. No need to keep a job with that kind of loot.The life time job would be spending it.......going places and doing things. I pretty much have no family.Just a sister and a brother that need no financial help at all. I would probably gain some ex friends. True friends will and do understand me and my ways and would always welcome my presence. I've earned every toy I have and really don't see much toy buying happening as it just wouldn't be the same. There would be buyers blues if I bought every thing I ever lusted for. I would probably fund local events and infrastructure.........such as a new ambulance and fire department buildings. In the end,100 years from now,my instant wealth would just be a passing blip on the radar screen ......................./



Oh yeah,trophy wife(s)...........
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Mnrider
Posted on Sunday, October 10, 2010 - 10:21 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Quit my job #1
Buy some property and start a construction company who's only job is to build a ranch for my family and me with a road course and dirt tracks.
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Firebolt020283
Posted on Sunday, October 10, 2010 - 10:41 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

If I won the lottery I would buy a nice house with a huge garage and I would buy every motorcycle I lust over such as a hypermotard, 1125 cr, xb12stt, xb9sx, 1190rr(the race bike for s&g), ktm super duke and a few nice cars nothing too crazy though just one of each of the new age pony cars,a bmw m3, a new vette, a h1 hummmer, a dodge rt10 truck, and a nice short wheel base chevy truck, and I would open a Erik Buell Racing/ducati dealership (thinking positively) And call it a day.
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Rick_a
Posted on Sunday, October 10, 2010 - 11:38 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Invest enough to live off. I wouldn't want any more than 100,000 a year to keep life relatively simple.

Give away the rest to family and charity.

I wouldn't know what to do with that much money...so someone else can spend it for me.
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Bcordb3
Posted on Sunday, October 10, 2010 - 12:10 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I would certainly do some the same thing everyone else is doing, getting dept free etc. I would buy/start a collection of bikes starting with 1967 Triumph Bonneville T120TT. A Vincent Black Shadow C. A few Italian bikes. I like the idea of the house with detach garage with 5 or 6 stalls with lifts. The garage would have loft with a studio for art and stuff. And the dream goes on and on.
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Forerunner
Posted on Sunday, October 10, 2010 - 12:12 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"Two girls at the same time..."
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Etennuly
Posted on Sunday, October 10, 2010 - 12:40 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I would be taking a shower.....well actually that would be the second thing. But it would be necessary because the first thing I should do is shit my pants!

From there it would interrupt most of my current plans, so all of that would require thinking and planning that is a waste of time at this moment. I'm sure I could work something out though.
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Oldog
Posted on Sunday, October 10, 2010 - 12:56 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Pay off my house,
Pay off my bike.
distribute some cash to a couple of charities I know of.

build the big shed beside my home
for toys.

stash the rest to live on

go for a year long ride
my step daughter would be going to get her masters

fun to think about ...
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Dwardo
Posted on Sunday, October 10, 2010 - 01:00 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I would buy or rent an RV that could carry a bike in the back and I'd take me, the dog, and my M2 on a cross-country ride to nowhere. Then I'd buy a nice warm place in the desert. Then I'd complete my pilot training, buy a T-6 Texan to build "heavy iron" skills, and move up to a WW2 fighter. Then I'd no doubt kill myself doing something stupid. All but the last part would be a hoot!
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Mr_grumpy
Posted on Sunday, October 10, 2010 - 01:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Plan A.

1. Buy a warehouse. (I said WAREhouse, with that much dosh I won't need the other sort.)

2. Buy lots of toys to go in my warehouse.

3. Put half of the money in various banks (careful here, not too many eggs in the same basket).

4. Hire a red hot accountant.

5. Give Erik a call to see if he needs an investor.

6. Take all my friends on vacations.


Plan B.

Buy a tinpot country somewhere & declare myself King/President/Benign Dictator, Turn it into tax-haven, with sensible government & dual nationality for Buell owners.

Plan C.

Buy an island & turn it into a self sustaining, defensible, paradise for when "The Balloon Goes Up"
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Buellerandy
Posted on Sunday, October 10, 2010 - 02:00 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I'd like to win about 100,000.00 just to pay off my house and take year off to train for the Germany ironman. That'd be tits. No amount of money could buy that achievement.
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Twobuells
Posted on Sunday, October 10, 2010 - 03:34 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

dual nationality for Buell owners
Classic! I'm in

Big enough building for all the toys
Enough land to have some nice ATV/mountain bike/dirt bike trails.

Damon Outlaw Motor coach toyhauler

Build a 1125 Uly

new 1190RS

new Camaro Z/28

Rebuild my Z/28

Can-Am Commander SSV

A Ham Radio Shack, a few towers for many antennas.

Every model of Buell ever made...Can-am ATV's also

Travel to every F1 and Moto GP race
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Bo_sox
Posted on Sunday, October 10, 2010 - 04:02 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

My inner & external family and 4-5 close friends would definately................
STOP WORRYING!!! - simple enough for ya!
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Strokizator
Posted on Sunday, October 10, 2010 - 04:35 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I'd spend some on booze.
I'd spend some on gambling
I'd spend some on broads.
The rest, I'd just waste.

Plan B: Stay in the construction business until it was all gone.
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2008xb12scg
Posted on Sunday, October 10, 2010 - 04:44 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

First, pay UOP for my daughters education so she's not stuck paying after she graduates. Then pay off all my bills, house. Help my dad, 2 aunts, 1 cousin, 3 friends and sister in law (list of people that would help me and that have been there for me over the years) spend a year taking my wife any where she wants to go. 1190 and track/race school so I don't kill myself.. then start a little bussiness as I couldn't do nothing. and finally to invest and help others who need it.and of course become the major investor in Erik Buell Racing with my new company logo on the side of Geoffs bike.
Renew my Raiders season tickets and get the seat next to Jacks at the Staples center and watch the boys when another championship.!
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