The Powerball lottery is up to $1 billion tonight. If you won it, what would you do?

all 12 comments

sorted by: hot top controversial new old
[–] 1 point 3 years ago (2 children)

Keep a million for fun, everything else, buy a very conservative and diversified portfolio, borrow against it and purchase real estate worldwide in places with water access and least affected by climate change. With profits start funding antifa, anarcho-syndicalist, ecosocialist, and similar movements.

  • source
  • hideshow 4 child comments
  • [–] -3 points 3 years ago

    If you are buying real estate, you won't be funding "antifa" or any of the other things you are fantasizing. Profit-bearing RealEstate is directly counter to all of those movments, and once they start threatening you, you'll immediately pivot to funding the status-quo.

  • source
  • parent
  • [–] 0 points 3 years ago (1 child)

    If I won the lottery, I would start by ending the homeless problem in my state. All it would take would be one stroke of the pen and many people's lives would be improved.

  • source
  • hideshow 2 child comments
  • [–] 0 points 3 years ago (1 child)

    Noble, but I've got some very bad news about how much it would take to end homelessness in even the smallest state in the country, as even if the 500 mil you'd be left with after taxes could do it, which it couldn't, more homeless people would move to that state immediately

  • source
  • parent
  • hideshow 2 child comments
  • [–] [S] 0 points 3 years ago (1 child)

    Utah managed to do it and they're doing just fine.

  • source
  • parent
  • hideshow 2 child comments
  • [–] 0 points 3 years ago (1 child)

    ok. you can afford to fund Utah's homeless problem for 1.5 years, with 500 million, which is what you'd be left with after winning the 1 Billion dollar lottery

    https://utahstories.com/2022/10/the-300-million-utah-homeless-question/#:~:text=Answered%20by%20Utah's%20Foremost%20State,year%20on%20Utah's%20homeless%20services.

  • source
  • parent
  • hideshow 2 child comments
  • [–] -1 points 3 years ago

    Pay off all debts and mortgages for myself and my immediate family, then put away whatever’s away into separate HYSAs for a few months to let the initial rush go away.

  • source
  • [–] -1 points 3 years ago

    Keep it a secret.

  • source
  • [+] -18 points 3 years ago

    Set up a philanthropic trust, invest it in a relatively safe mix of stocks and bonds, and set up distributions as a % of growth to a bunch of institutions I think are super important.

    After buying a nicer house and paying off family debts and stuff of course.

  • source