With No Powerball Winners, Jackpot Grows to Estimated $1.3 Billion

[Baron Von Crowder]

Try $4.33 / person.

Four dollars and 33 cents per person.

[Nash B.]

I'd end poverty.

[ATTACH]4340[/ATTACH]

Math god!

[GeorgeG.]

I'd end poverty.

[ATTACH]4340[/ATTACH]

Can you manage my investments?

[slow99]

Can you manage my investments?

Not unless you're a qualified investor.

[Tyrone Biggums]

Regarding collection - Fuck Texas. They changed the rules where a party has to come forward and collect, i.e., you can't collect through an attorney or trust, etc.

With a jackpot this big, they are seriously putting the winner's family in jeopardy (provided it's a Texas winner).

I don't think an attorney is going to stop my kids getting snatched and held for ransom.

This. I'd be afraid of winning this kind of money. Every day would be a nervous fucking wreck. You'd have to go into hiding for months just to get your shit in order so you can literally "disappear". I can't begin to imagine the mind fuck that would come along with that kind of money. I mean seriously, what would the plan be? A normal life after winning wouldn't be possible for you, your kids or any immediate family.

[Grimpala]

This. I'd be afraid of winning this kind of money. Every day would be a nervous fucking wreck. You'd have to go into hiding for months just to get your shit in order so you can literally "disappear". I can't begin to imagine the mind fuck that would come along with that kind of money. I mean seriously, what would the plan be? A normal life after winning wouldn't be possible for you, your kids or any immediate family.

Put enough back to live comfortable for the rest of yours and your kids lives, then make a huge public gesture of giving away the rest of it.

It would be a whirlwind for a year or so, but then you could settle back to somewhat normal life.

[Strychnine]

Not unless you're a qualified investor.

**Looks in wallet and between couch cushions**


Define 'qualified'...

[slow99]

**Looks in wallet and between couch cushions**


Define 'qualified'...

Google "qualified investor" - it isn't an arbitrary term.

[Baron Von Crowder]

Google "qualified investor" - it isn't an arbitrary term.

apparently, I dont have the required measures of sophistication

[IHaveAMustang]

Regarding collection - Fuck Texas. They changed the rules where a party has to come forward and collect, i.e., you can't collect through an attorney or trust, etc.

With a jackpot this big, they are seriously putting the winner's family in jeopardy (provided it's a Texas winner).

Where are you finding this? I have looked and can't find any type of law that excludes blind trusts or LLC's

[KBScobravert]

This. I'd be afraid of winning this kind of money. Every day would be a nervous fucking wreck. You'd have to go into hiding for months just to get your shit in order so you can literally "disappear". I can't begin to imagine the mind fuck that would come along with that kind of money. I mean seriously, what would the plan be? A normal life after winning wouldn't be possible for you, your kids or any immediate family.

lots and lots of nondisclosure agreements, contracts, Trusts, and a name change or two. I can say that another good first step is to delete every trace of yourself from the interwebs, email, and throw away your family's cell phones. Then go sit on a small but comfortable cruise ship for a few months while you figure it all out.

[slow99]

apparently, I dont have the required measures of sophistication

I'll go ahead and copy/paste:



You are an accredited investor if:

You have an individual net worth, or you and your spouse have a combined net worth, in excess of $1 million.

You had individual income, excluding any income attributable to your spouse, of more than $200,000 in the previous two years, and you reasonably expect to do the same this calendar year.

You and your spouse had joint income of more than $300,000 in the previous two years and reasonably expect to do the same in this calendar year. Institutions and pension accounts are subject to more complex criteria, and should consult an accountant.

You are a qualified client if:

You have an individual net worth, or you and your spouse have a combined net worth of $1.5 million

You have at least $750,000 in assets under management

Generally, a hedge fund manager would much rather solicit to a qualified client than an accredited investor. Why? Because managers may only charge their 20% performance fee to qualified clients. While an accredited investor may still invest in the fund, they will only be charged a 2% management fee.

[lowthreeohz]

I'm en route from Vegas to California, at state line the lottery lines were hundreds of people deep and I heard people saying 3-4 hour waits.

[46Tbird]

Google "qualified investor" - it isn't an arbitrary term.

[Ruffdaddy]

This. I'd be afraid of winning this kind of money. Every day would be a nervous fucking wreck. You'd have to go into hiding for months just to get your shit in order so you can literally "disappear". I can't begin to imagine the mind fuck that would come along with that kind of money. I mean seriously, what would the plan be? A normal life after winning wouldn't be possible for you, your kids or any immediate family.

Bail out el Chapo...thats all the protection you need.