LogFAQs > #960105

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TopicMega Millions is now 476 million dollars...
Aecioo
03/28/12 7:13:00 AM
#13:


Rad Link 5 posted...
My father always says he'd rather just take the lump sum and invest the money himself. Having never had that much money myself, I don't know if there's any merit to such an idea.

I really think that unless you've grown up rich, it's almost impossible to ever burn through that much money unless you're one of those idiots that gets a financial adviser who tells you to invest in hauling icebergs from the north pole to Hawaii to create colder swimming pools, or something. It's one thing for athletes to burn through their money because they believe they will always be making 20 million a year so they act like they have 200 million when they only have 20 million, but to actually suddenly have 200 million out of nowhere is different.

I don't know.

I just can't see myself using even 100 million dollars in a lifetime, let alone double that.

edit - point of this post was to say that it would be really easy to invest a lot of the money in "safe" ways because chances are you're not going to miss the money anyway

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