Powerball 1.9 BILLION!

First I would wonder how I got so lucky, especially since I don't buy lottery tickets. Second I would buy a chunk of property in the middle of nowhere. That would be between towns here in Wyoming. Donate the rest to a world peace organization, but they can't have the money until they prove pigs can fly. If I spend it on hunting and fishing before they can prove that it would be a shame.
 
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Last time i looked-- Only 11 states allowed for trusts to anonymously claim a prize payout-- the prize usually must be claimed as individuals then can be transferred to a trust. Each state will have its own rules/laws regarding things like this-- that's why its advisable to contact an attorney before you claim your prize. And remember that normal banks aren't really set up for amounts this large ( fdic only insures to 250k)-- you'd need to find a private bank/investment corporation to handle large amounts involved in huge jackpots. But these private banks want your money so they often have perks like free access to attorneys, investment advisors, higher return rates on saving, etc.

Statistics show that jackpot winners typically declare bankruptcy 3-5 years after they win---- if you win--learn to say no

We can all dream right?
Would hire @cohunt to manage my money. Rest of you guys, good intentions aside, would have me back in the po house day one.
 
That much money you'd have to try hard to get into the poor house. If you could earn 4-6% on the money in a very conservative way, you'd live like a king and never touch it.
Even at 2% return-- let's say you earned 10m per year in income/interest/investment return off of it-- you'll still owe about 4-5mil in income taxes each year -- that's how people blow the $ is they don't account for the additional costs and income taxes due each year and spend more than they should.

People buy houses or properties and don't account for property taxes, liability insurance, hoa fees, and upkeep costs-- your 10 mil vacation house may cost you 2-5 thousand per month in additional costs

It all adds up when you think you have "unlimited funds"
 
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