Anticipate multiple winners, maybe thousands.... - Saab General Bulletin Board - Saabnet.com
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With all the Lottery Pools generated within the last week, the local market was charging $5/person for each of 200 spots in their pool, each winning ticket may have hundreds of partial owners.
I remember the following advice from an article in Money Magaxine decades ago. What to do if you win the Lottery:
Splurge on one item for yourself
Invest the remainder in 90 Day Treasury Notes
Take a long vacation until the hype dwindles
Upon return from vacation interview every Financial Planner you can find until you identify one you are confortable with
Take the money from the matured 90 Day Notes and follow the advice of your planner
Step Zero may be to find a fantastic Tax Advisor prior to claiming the prize.
posted by 198.208.25...
_______________________________________
Saabs owned:
2008 9-5 Aero Sedan, sold at 227K miles
2006 9-3SC 2.0T - Wife's daily driver
2000 Viggen Convertible - Sold May, 2022
1964 Quantum IV Formula Car - Retirement project
2000 9-5lpt Sedan, sold at 318K miles
Posts in this Thread:
- If I am the only winner of the megamillions, I'm buying, marynvince, Fri, 30 Mar 2012 07:12:55
- what do you mean by megamillions? nm, sab, Sat, 31 Mar 2012 14:33:36
- I would buy as many old SAABs as I could find..., BAAB , Fri, 30 Mar 2012 20:57:24
- Re: If I am the only winner of the megamillions, I'm buying, Tootsacolta, Fri, 30 Mar 2012 13:37:47
- Re: If I am the only winner of the megamillions, I'm buying, steve, Fri, 30 Mar 2012 10:03:44
- Re: If I am the only winner of the megamillions, I'm buying, turrbo , Fri, 30 Mar 2012 08:39:31
- Anticipate multiple winners, maybe thousands...., MI-Roger , Fri, 30 Mar 2012 08:33:03 <-- Viewing This Message
- Re: If I am the only winner of the megamillions, I'm buying, poop deck pappy , Fri, 30 Mar 2012 08:17:13
- Re: If I am the only winner of the megamillions, I'm buying, TML , Fri, 30 Mar 2012 07:24:55
- Re: If I am the only winner of the megamillions, I'm buying, TML , Fri, 30 Mar 2012 07:23:19
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