$1.6 billion dollars is a lot of money. In fact, it is more than the gross domestic product of a dozen different countries. (To be fair, those countries are mostly small island nations that have virtually no real economy outside of tourism and offshore banking.)
The fact that I’m still here typing should tell you how well my foray into PowerBall-stoked billionaireism went. But..it’s so delightfully decadent to imagine what you could do with that kind of money. According to my very bad public school math, taking the lump sum would have dropped me to around $800m. Then, after I generously buy Uncle Sam a couple jet fighters with the ~40% tax hit, I’m down to around $560m. Now it becomes interesting. Assuming some investments that yield a mere 5%, I could, in theory, get $28m/year just in interest without touching the principal. That, my friends, comes down to $2.3m every month to simply screw around with. Or, if you really want to go nuts, thats about $76,000 to spend every day. Do better than 5% and, naturally, you have more to piss away….and never touch the principal.
First thing: new phone number.
After that, it’s gifts for those I love. Nothing fancy. Everyone gets their house paid off.
Then it’s time to indulge fantasies. I’d imagine that when you order enough of a particular gun the gun companies are more than happy to cater to your bizarre needs. As a result, the guys at Ruger, PTR, Smith & Wesson, and Stag Arms, are going to be busy for a while. Federal can just unhook the trailers in my yard..I’ll take it from there. The ammo can go in the garage next to my new armored vehicle collection. Try not ding my new helicopter.
After that, it’s time to go shopping for real estate. Perhaps a small county in South Dakota or Utah. Something on the order of several square miles. Remember that scene in Quigley Down Under when, after days of traveling by wagon, Quigley asks “When are we getting to Marston’s ranch?” and the hand replies “We’ve been on his land for the last three days.” Yeah, it’d be like that.
And then I quietly retire to my lair to enjoy my enormous gun collection, fabulous shooting range, amazingly secure house, and other toys. When I’m not busy manipulating politicians with briefcases of ‘campaign contributions’, or making the lives of people who have wronged me miserable, I’ll spread a little joy to the world…repair a few decrepit schools, sponsor some scholarships, finance some animal shelters, build a few public shooting ranges, that sort of thing.
Perhaps buy a small gun company. Or start one from scratch using the latest and greatest manufacturing technology. Build my own company town with factory, R&D center, employee housing, etc.
You can have a lot of fun, do a lot of good, and screw over a lot of people, on $76 grand a day. A permanent suite..heck, an entire top floor…at some Las Vegas high-end hotel would be nice.
Alas….fun to fantasize but the reality is with 1:292,000,00 odds it’s just daydreaming. But, it’s those happy little vacations from reality that make life bearable, eh?