Speak Out: How Would You Spend a $320M Lottery Jackpot?
It's not realistic, but it's sure fun to think about.
Even those who don't regularly play the Virginia Lottery have a tough time ignoring a chance to win $320 million dollars.
That's what the experts predict the jackpot will reach before Wednesday night's Powerball drawing, according to the Powerball website.
The Associated Press reports that Virginia Lottery expects to sell 1.1 million tickets before the winning numbers are announced.
"If someone’s ticket matches all six numbers, they could either take the full amount in 30 annual payments or a one-time cash option of about $203.3 million before taxes," the AP reports.
The odds of actually winning aren't even worth quoting. What we'd like to know is how you'd spend the winnings.
Would you buy a Range Rover? Take your family to Tahiti? Hand your boss your two weeks notice? Does a shopping spree at Tysons Galleria appeal to you?
Let us know below in the comments section.
Brennan Newfield
11:24 am on Wednesday, August 15, 2012
I would buy a MODEST sized house (I'm a single guy; don't need a mansion) for no more than $80,000, because I've been wanting to move out of my dinky apartment for a long time... And I'd find a reliable and honest financial advisor to help me invest the rest of the money. I'd probably put it in stocks and bonds; whatever he recommends. That way, the money will work FOR me, instead of me blowing through it in a few years like some lottery winners do. When the interest and dividends have built up a good amount, I'd consider some riskier investments, like owning a share in some local businesses or something. And I'd give some to charity of course, just for good karma.
I hope I can win a big lottery jackpot like that someday. I've been spending a lot of time studying patterns and mathematical probabilities, and I think it's entirely possible. I won $10,000 once using a system I found online (here's a review if you're interested: http://gamblingsystemreviews.net/lottery-method/ ) If you keep playing smart and not just picking completely random numbers, you'll win eventually.