Lotto is how high?

[Jim & Susan]

So the Lotto is up to $500,000,000. That's a half BILLION dollars. Man, that's a lotta zeros. When I win tomorrow night , my first stop is at the Airstream shop to buy a 34 footer. Next stop is at the local Ford dealer to buy an F250 extended cab with all the bells and whistles. Anybody else ready for an extended road trip? I'm buyin' the beer for the campfire and ribs for dinner.

Jim

[masseyfarm]

Why not just buy the company?? Some guy did that with razors a few years ago.

And YES, count me in.

Dave

Originally Posted by Jim & Susan

So the Lotto is up to $500,000,000. That's a half BILLION dollars. Man, that's a lotta zeros. When I win tomorrow night , my first stop is at the Airstream shop to buy a 34 footer. Next stop is at the local Ford dealer to buy an F250 extended cab with all the bells and whistles. Anybody else ready for an extended road trip? I'm buyin' the beer for the campfire and ribs for dinner.

Jim

[Air Apparent]

Jim:

You have two problems:

First - I already purchased the winning ticket; and

Second - Airstream is no longer manufacturing 34's (ocassionally they will do a special run).

[Florida 55]

"Why not just buy the company?? Some guy did that with razors a few years ago."

Dave --

Thor Industries (parent of Airstream) market capitalization at close of market on March 29, 2012 is $1.7 billion. The lottery proceeds will not be enough to purchase the company.

[masseyfarm]

You only have to be the controlling shareholder.

Dave

Originally Posted by Florida 55

"Why not just buy the company?? Some guy did that with razors a few years ago."

Dave --

Thor Industries (parent of Airstream) market capitalization at close of market on March 29, 2012 is $1.7 billion. The lottery proceeds will not be enough to purchase the company.

[c_lewis77]

Originally Posted by Bluebird

Jim:

You have two problems:

First - I already purchased the winning ticket; and

Second - Airstream is no longer manufacturing 34's (ocassionally they will do a special run).

Jim:
I will happily sell you my 34' for $500M! Lol!

[Jim & Susan]

Originally Posted by c_lewis77

Jim:
I will happily sell you my 34' for $500M! Lol!

Done, but you gotta throw in the Excursion at a "reasonable price".

Jim

[Wabbiteer]

Courtesy of Forbes...

"If you do win, there’s only a 3% chance you’ll have the big prize to yourself,
ie: A 10.5% chance that if you win, you will be splitting the pot in two... ...and on to a 1.7% chance that if you win you’ll be splitting the prize 9 ways."

"So, how do you improve your expected payoff in Mega Millions? Pick numbers between 32 and 56. They are no more likely to be picked than smaller numbers, but they are less likely to be shared. That’s because a lot of buyers play hunches that involve birthdays."

Oh - and for a mere 176 Million you can buy ALL the possibilities and triple your money

[Jim & Susan]

Hey, a guy can dream, right? No offense to Dave, who has the other winning ticket, but I plan to build a one acre sized Airstream "Hanger" that will eventually house all my 'Streams from each decade of production. And the perfectly restored '65 Mustang convertible (Susan's). And the '56 Corvette (mine). And the new F250. And......

[Carlita]

OMGosh!!! All you guys are toooooo funny!!

[masseyfarm]

I don't care what you spend it on, but I do believe there should be a rule that it has to be spent in the Country of Origin.

A prize that size, generally disappears off shore to avoid tax, and all the poor people that contributed, (rich people don't buy lottery tickets) get no benefit from the money recirculating.

Dave

[klattu]

If I were to buy a ticket...
5
10
14
50
56

36

[slowmover]

Perceptions of some other RV sites are that the winning ticket would allow one to purchase a new Airstream.

.

[az-streamer]

for arguments sake, lets say i DON'T buy 5, $1 lottery tickets each week.

$5 x 52 = $260 saved per year

NOT buying for 40 years is $260 x 40 = $10,400 in savings

With Compounded Interest that equals = a heck of a lot more money than i probably would have won based on the odds - and my luck.

[Erik Olson]

Originally Posted by Florida 55

Thor Industries (parent of Airstream) market capitalization at close of market on March 29, 2012 is $1.7 billion. The lottery proceeds will not be enough to purchase the company.

I don't need to own its full valuation to control it.

[Mrs.Mod]

Hi all.
I have never purchased a lottery ticket. I bought my first one today.
If I win, I am going to pay off all my family members homes. I will purchase a slightly larger home (really, I don't want a huge house) But it must have plenty of AS parking. I'll set up a college/future fund for my son. I'll buy a brand new AS. And I'd like to help as many local charities as I can. Really there aren't many material items that I want or need. Maybe I'll buy a second pair of sunglasses.
Then, Mr. Mod said we have to buy a hovercraft. Um, Ok.

I would wish you all luck, but I'm afraid I can't do that!

[Midnightmoon]

I think it would be a blast to set up a foundation and spend time working with charities. There's no way I could spend that kind of money on myself.

[noreen&sal]

Originally Posted by Midnightmoon

I think it would be a blast to set up a foundation and spend time working with charities. There's no way I could spend that kind of money on myself.

I'm putting myself up for adoption right now. Sal.

[Midnightmoon]

Originally Posted by noreen

I'm putting myself up for adoption right now. Sal.

[Erik Olson]

I have plenty of (only somewhat) borderline indulgences that would meet a lotto windfall:

• Expand kitchen; add two bedrooms and two full bathrooms to my 3 / 1.5 1932 colonial revival home
• Bespoke LR Defender 130 Tdi Crew Cab built by East Coast Rovers
• Aston Martin DB9
• Moto Guzzi Norge GT 8V
• RED Epic Mysterium X with O'Connor support and VariZoom motion control with FIZ for casual home movies
• Nuova Simonelli Musica Espresso Bar Suite
• Total frame-off on Ohana with updates to all systems
  • A stable boy or fetching young lady to keep the trailer polished and ready to dispatch within moments, if necessary
• More travel, months-at-a-time kinda stuff: domestic in AS; int'l in expedition-prepared Land Rovers
• A portfolio heavy on relatively modest blue-chip investments in things like DRIPs and Whole Life Insurance with guaranteed rates
• Establish a fund to disburse $1M a year to charities who deliver >70% to their prescribed targets

Other than that, I can't think of many ways to spend that much money, but I haven't really thought about it for very long.