Friday, January 13, 2023

What Will I Do When I Win the Big Lottery Jackpot

 Now time for some daydreaming about what i'd do if i were insanely wealthy.  What would i spend the money on? We'll say $200+ million net.

* A house - not sure whether something like the Clampett estate or an unassuming 2,000-4,000 sq ft house in the suburbs. i would love to have acreage but could live on .20 acres. i don't want my neighbor on top of me (a little shoulder room).  Part of me wants unassuming, part of me wants a castle with a moat (alligators optional) on 10+ acres. 

* $100,000 a year to live on (maybe another $100K in interest income from banks, dividends, bonds, etc).  Why an annual "income" of $100-200K?  It just seems right (middle class amount) and something to do with the last point below. 

Misc: Year zero through year 2 will be hugely expensive: house(s)/land, furniture, stocks, bonds, physical precious metals, business capital, fun, moving, etc.  But, after that i'd like to live an unassuming middle-class lifestyle (sort of). i'm not really sure how much that lifestyle costs (and you have to assume a decrease in purchasing power - maybe 5% a year). 

* Set up my own holding company.  Could be used for commercial/rental real estate, businesses, venture capital and/or other ventures. Part of me would like to fund putting retro RPGs on my console of choice (come on Lunars, Evolutions, etc).  I'd be tempted to buy a minority ownership position in a minor league professional franchise (or maybe even low percentage in top level). 

* Run for president: know i'd lose but would kind of like to run to the end of the primary season. i could at least say i tried to solve some problems.

* Child Support/Paternity suits: really, kind of yes. In my younger years, i would have loved to get married and raise a family.  However, the scourge of time has me thinking a little differently.  i would still kind of like to have kids (assuming i can).  However, if i wanted more than one, i would likely need multiple women (time is not on my side).  That would be a unicorn(s) - untattooed, unpierced, un-crazy, kind, awesome, commitment minded female(s) in one of the two generations i dislike the most. Don't get me wrong, i would love to have an awesome marriage (assuming they exist in reality, not just songs, movies and TV shows). 

However, at that wealth level i'd need an ironclad pre-nup (and i have a tendency to question people's motivations, especially when they give me reasons to).   

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