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Hypothetically you won 250 million dollars in a lottery

Discussion in 'Member Casual Chat' started by Robert, Apr 23, 2019.

?

What would you do with $250 million dollars

Poll closed Apr 22, 2020.

  1. Keep $75,000 per year and donate the rest of the money to the Federal Government

    0 vote(s)
    0.0%

  2. Keep more but still donate the rest to the Feds

    0 vote(s)
    0.0%

  3. Keep the 75,000 but give the rest to my state, not the Feds

    0 vote(s)
    0.0%

  4. Keep more but also the rest to my state

    0 vote(s)
    0.0%

  5. Give none to the Feds or State

    6 vote(s)
    40.0%

  6. Give to the poor rather than to Government, keep a named amount different from the poll

    0 vote(s)
    0.0%

  7. Give equal amounts to my own family and not to the government

    4 vote(s)
    26.7%

  8. This is my own idea and I posted my idea

    5 vote(s)
    33.3%
Page 3 of 5
  1. jay runner

    jay runner Banned

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    afaik the limit on the gift tax is $15,000 that you can give tax-free per year now. So if you have ten family members (individuals) you want to help, it wouldn't take many years to exhaust the transfer of funds you had planned if you had only a portion of a million dollars to give.

    A million dollars isn't much anymore, millionaires are very common.
     
    Last edited: Apr 25, 2019
    jay runner, Apr 25, 2019
    #51
    Robert likes this.
  2. Robert

    Robert Well-Known Member Past Donor

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    I believe you posted what I got blamed for too. Recall the post made supposed to be a threat?
     
    Robert, Apr 25, 2019
    #52
  3. Robert

    Robert Well-Known Member Past Donor

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    I know.
     
    Robert, Apr 25, 2019
    #53
    jay runner likes this.
  4. FreshAir

    FreshAir Well-Known Member Past Donor

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    "What would you do with $250 million dollars"

    I would be thankful I won, and gladly pay my taxes

    I woudl split the ticket with family before cashing in so only taxed once
     
    Last edited: Apr 25, 2019
    FreshAir, Apr 25, 2019
    #54
    Robert likes this.
  5. btthegreat

    btthegreat Well-Known Member

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    I certainly would give a targeted donation to either private charity or a government sponsored program but I don't care about the level of government. It may be a local government program at the county or municipal level. It depends on what direction I go. I could see medical research with a grant at the federal level, or it could be used to fight homelessness, hunger or even drug addiction locally. heck maybe schools is the way to go.
     
    btthegreat, Apr 25, 2019
    #55
  6. Robert

    Robert Well-Known Member Past Donor

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    It is not your money so you would engage in abetting theft.
     
    Robert, Apr 25, 2019
    #56
  7. jay runner

    jay runner Banned

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    They wouldn't let you not pay your taxes. I assumed it was $250 million after taxes.
     
    jay runner, Apr 25, 2019
    #57
  8. Robert

    Robert Well-Known Member Past Donor

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    I see you do not approve sending it to the Feds or State.

    A funny term, my taxes. It is the Feds or State taxes, not your taxes.
     
    Robert, Apr 25, 2019
    #58
  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    that is called paying my taxes.... so yes, I approve
     
    FreshAir, Apr 25, 2019
    #59
  10. Robert

    Robert Well-Known Member Past Donor

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    I refuse to call Democrats liberals. They are far too authoritarian to earn that term.
     
    Robert, Apr 26, 2019
    #60
  11. modernpaladin

    modernpaladin Well-Known Member Past Donor

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    Start a company developing a space elevator and/or residential solar-hydrolosis power generation.

    After taking care of some friends/family of course.
     
    modernpaladin, Apr 26, 2019
    #61
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  12. FreshAir

    FreshAir Well-Known Member Past Donor

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    Last edited: Apr 26, 2019
    FreshAir, Apr 26, 2019
    #62
  13. Sallyally

    Sallyally Well-Known Member Donor

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    Yes it is mean to criticise donors to charity, but Bill Gates is a shrewd businessman and wouldn’t miss any donations he made.
     
    Sallyally, Apr 26, 2019
    #63
  14. Sallyally

    Sallyally Well-Known Member Donor

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    It’s a bit rough to tax you on lottery winnings.
     
    Sallyally, Apr 26, 2019
    #64
  15. FreshAir

    FreshAir Well-Known Member Past Donor

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    yeah, agree, it's rough to win 250 million..... I hope to be treated that rough some day :)

    if any Trump supporter thinks it would be too hard on them to pay the taxes, pass the winning ticket my way, love to help out
     
    Last edited: Apr 26, 2019
    FreshAir, Apr 26, 2019
    #65
    Sallyally likes this.
  16. Robert

    Robert Well-Known Member Past Donor

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    I refused to call Obama names.
     
    Robert, Apr 26, 2019
    #66
  17. Robert

    Robert Well-Known Member Past Donor

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    OK, you mocked human freedom. But you must be aware of what party made a mad dash to create laws since 1933 and it was not Glenn Beck.
     
    Robert, Apr 26, 2019
    #67
  18. FreshAir

    FreshAir Well-Known Member Past Donor

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    did you listen to those, crazy
     
    FreshAir, Apr 26, 2019
    #68
  19. Robert

    Robert Well-Known Member Past Donor

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    When you fill up the gas tank and deliver to the merchant his 50 dollars, are those still your dollars or are they his dollars.

    When your boss pays you the sum of $50,000 are they his dollars?

    my taxes are an oxymoron.
     
    Robert, Apr 26, 2019
    #69
  20. Robert

    Robert Well-Known Member Past Donor

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    I saw Jon Stewart mocking freedom.

    This Jon Stewart

    Jon Stewart net worth and salary: Jon Stewart is an actor, comedian, and political satirist who has a net worth of $80 million and annual salary of $25 million.
     
    Robert, Apr 26, 2019
    #70
  21. FreshAir

    FreshAir Well-Known Member Past Donor

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    you did not watch the videos then
     
    Last edited: Apr 26, 2019
    FreshAir, Apr 26, 2019
    #71
  22. FreshAir

    FreshAir Well-Known Member Past Donor

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    not paying taxes doesn't make one smart, it's makes them a freeloader off society, don't wan to pay taxes, move to a county that has no taxes
     
    FreshAir, Apr 26, 2019
    #72
  23. Sallyally

    Sallyally Well-Known Member Donor

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    In my country lottery winnings aren’t taxed.
     
    Sallyally, Apr 26, 2019
    #73
  24. FreshAir

    FreshAir Well-Known Member Past Donor

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    can we send our Trump supporters there? ;)
     
    Last edited: Apr 26, 2019
    FreshAir, Apr 26, 2019
    #74
  25. Robert

    Robert Well-Known Member Past Donor

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    So you loathe states that charge zero income taxes and would never live in any of them????
     
    Robert, Apr 26, 2019
    #75
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