Wednesday, December 18, 2013

Do you know the way to San Jose?

Or Atlanta Georgia?  I am sure I have friends in both these cities!  I will be checking  I know I have relatives everywhere!  Two people, one from each of these cities 2,000 miles apart have won the latest MegaMillions and now they have to share it!  Can you imagine the disappointment in having to share a little over half a Billion Dollars!  There were stories on the news, advice on how to invest this large sum of money, like it wouldn't be enough.  Human nature, I guess, when is it ever enough?  I was going to wait until after Christmas when, had no one won the prize was expected to top a Billion Dollars!  I confess though I did buy 3 tickets, my $3 investment to a fantacy!  That is cheap entertainment really, a dollar only to dream big and pretend!   The prize was something close to 685,000,000 which sounds like a lot of money and is.  After taxes, and there are a lot of taxes and getting far less if you decide on cash now instead of payments dragged over 30 years, it is closer to $200,000,000 and then, dividing that in two leaves "only" $100,000,000 or so.  You would have to be careful with your money, I guess.
It would be far easier to win a million dollars, that divided up and after taxes would be about $30,000 a year for 30 years and no one would expect you to be a saint with that paltry sum!  Winning a huge, obscene amount of money would be a job!  It might be fun for the first week or two but can you imagine the letters pouring in?  The whole entourage you would have to hire?  There would be trust issues.
Most people, when they make a list of the ten things they would do if they were wealthy, could do 7 of them without much money at all... Even giving away that kind of money would create enemies and ill will.  Even with that much money someone would not get some and there would be resentment.
Problems, problems. At east I do not have that problem!

1 comment:

Optimistic Existentialist said...

I almost bought lottery tickets for the very first time for this - but decided not to. Maybe someday :)