Current Events > You win the Mega Millions $1 billion jackpot, how likely are you to go broke?

(+) Yeah! (+)

unlikely because I got better with money over the years and my wife is smart and careful with it

Me 10 years ago? I spent like crazy and theres a pretty damn good chance old me would have blown it all

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I'd not but I'm also the type who budgets like a maniac and would budget money to put aside or I guess, I'd schedule x amount to be available each month. So well... Yeah. Only large purchases would be a house and car. Wouldn't even splurge on my wedding or anything.

I'm grew up poor and cheap as fuck. Even with a billion dollars, I'll still have a broke mentality and stay getting my clothes from Walmart and Goodwill.

You can pull me out of poverty, but you can't pull the poverty out of me.

easy come easy go, as they say

I want to say I'm more likely to be killed over the money than go broke lol. Spending a billion dollars can't possibly be that easy

I'm not. I really have no interest in a fucking mansion and fleet of yachts and cars

Not very. Would probably OD on drugs and hookers way before I spend it all.

Zero percent. I'm a very frugal CPA. I understand money.

Kitt posted...

I'm grew up poor and cheap as fuck. Even with a billion dollars, I'll still have a broke mentality and stay getting my clothes from Walmart and Goodwill.

You can pull me out of poverty, but you can't pull the poverty out of me.

This is me too

I'm the type of guy who cheaps out with certain things, but spends a lot of money on other things. Honestly on an average day, every piece of clothing I'm wearing will cost less than $40-50 combined. Maybe $90 tops if you count the shoes. My watch often costs 100-200x more than everything I'm wearing, and sometimes 3-4x more than my car costs.

So yeah. Spending money is great, just need to know where...

I wouldn't go broke. I might die but I wouldn't go broke.

Probably far more likely to be murdered than going broke.

I'd probably blow a couple million in 2 weeks, look at that and stop. Buy a house and car, furnishing for the house then go back to what I do now. I'd rather be able to always do small stuff then do a bunch of bug stuff in a couple months.

Zero. I'd probably spend a bit extravagantly on things I like that I wouldn't buy otherwise, like whaling on a gacha or buying some Prisma Illya merch, more steam games, etc. But nothing to a degree where it would be likely to spend even 1% of that much in my lifetime.

No chance but my wife would try to spend a bit to much. I would definitely become paranoid though because I already don't trust people.

unless i give it all away, pretty low.

0%. Just putting about 10% of that in certain dividend stocks would net you about $1,000,000/month

I don't know if it's even possible to accidentally go broke with a billion. After taxes it'll be like 600 million or whatever but even that would be tough to do unless you were specifically trying to.

I think I'd spend a shit ton in two years and then be modest once I've done everything I wanted to do.

I don't think I'd go broke though. I'm not gonna mess up my ticket to freedom

Unlikely cause I'd take the annual payments so I wouldn't be able to *totally* screw myself until I'm 70

The entire world economy could collapse and I'd be sitting pretty on the other side

0.000000001% chance

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No chance.

AvlButtslam posted...

This is me too

yup.