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Old 03-30-2012, 08:56 AM
 
Location: NY,NY
2,896 posts, read 9,781,285 times
Reputation: 2074

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First, before claiming the prize, I'd hire an attorney to represent me., then a 'banker'.

Second, I'd claim the prize, but I'd do everything possible to keep my name and face from the public. If I couldn't prevent my name, then after the hoopala, asap, I'd change my name.

Third, I'd buy a place across from the park, east or west, or possibly Park Slope.

I'd do all the above as quickly as humanly possible! A number of days....

Oh, yeah, I'd take the lump sum and drop everything into a number of managed funds with the goal of earning 5% per annum and minimizing taxes. That'd be about $5M plus per annum.

Then I'd purchase a dream car, sleek, fast and uncommon. I'd head south taking my own sweet time of a road trip. Weeks of just clearing my head and mentally preparing myself. I'd keep heading south and when I reached the water I'd buy a sailboat and spend months learning to sail and then sail the Carribean. Once I was competent enough I'd head east toward the Mediterrainin (sp?), visit every port, then down the west African coast, once at Cape Town, I'd take a land break for awhile, maybe buy a new boat, then again heading east....

It w/b years before I'd return after seeing and having lived the world, before returning to the place of my birth, and live my life by the moto and intention, "...to whom much is given, much is expected...." I'd likely renovate the apartment, hire household help and adopt a couple of chiildren.

A run for Mayor????

Think a black Ronald Reagan as Mayor of NYC....

Actually, I'd start a private investment business; and the plot begins.
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Old 03-30-2012, 09:03 AM
 
400 posts, read 980,535 times
Reputation: 250
To the 8th floor.
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Old 03-30-2012, 09:10 AM
 
Location: Manhattan
25,343 posts, read 36,870,490 times
Reputation: 12735
I would move to the part of NYC that is called PARIS.
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Old 03-30-2012, 09:17 AM
 
Location: NY,NY
2,896 posts, read 9,781,285 times
Reputation: 2074
Quote:
Originally Posted by Airborneguy View Post
I'd keep a place in the area, probably setting my father up in a house I can use when I visit somewhere on Staten Island, but my wife and I would be gone by the end of the week if I won. I have zero interest in running with the "moneyed" people that inhabit NYC.
Just curious, do you know any monied people in NYC?
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Old 03-30-2012, 09:22 AM
 
Location: Long Island, NY
7,844 posts, read 13,180,514 times
Reputation: 9247
Not me. I love my neighborhood. Matter of fact, hubby and I said we would buy the pos house next to ours and build our Mcmansion lol. I would stay where I am and either build the house I really want or buy a house in our neighborhood that fits what we really want.
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Old 03-30-2012, 09:24 AM
 
Location: Long Island, NY
7,844 posts, read 13,180,514 times
Reputation: 9247
Quote:
Originally Posted by jcoltrane View Post
First, before claiming the prize, I'd hire an attorney to represent me., then a 'banker'.

Second, I'd claim the prize, but I'd do everything possible to keep my name and face from the public. If I couldn't prevent my name, then after the hoopala, asap, I'd change my name.

Third, I'd buy a place across from the park, east or west, or possibly Park Slope.

I'd do all the above as quickly as humanly possible! A number of days....

Oh, yeah, I'd take the lump sum and drop everything into a number of managed funds with the goal of earning 5% per annum and minimizing taxes. That'd be about $5M plus per annum.

Then I'd purchase a dream car, sleek, fast and uncommon. I'd head south taking my own sweet time of a road trip. Weeks of just clearing my head and mentally preparing myself. I'd keep heading south and when I reached the water I'd buy a sailboat and spend months learning to sail and then sail the Carribean. Once I was competent enough I'd head east toward the Mediterrainin (sp?), visit every port, then down the west African coast, once at Cape Town, I'd take a land break for awhile, maybe buy a new boat, then again heading east....

It w/b years before I'd return after seeing and having lived the world, before returning to the place of my birth, and live my life by the moto and intention, "...to whom much is given, much is expected...." I'd likely renovate the apartment, hire household help and adopt a couple of chiildren.

A run for Mayor????

Think a black Ronald Reagan as Mayor of NYC....

Actually, I'd start a private investment business; and the plot begins.
A co-worker and I were talking about that yesterday. I would not want my identity disclosed. Everytime there's a lotto winner, or heck, even if someone wins a jackpot at a casino or a $10,000 scratch-off, the winner's name is always publicly disclosed. Any way to get around that?
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Old 03-30-2012, 09:57 AM
 
5,000 posts, read 8,188,022 times
Reputation: 4574
Quote:
Originally Posted by Airborneguy View Post
I'd keep a place in the area, probably setting my father up in a house I can use when I visit somewhere on Staten Island, but my wife and I would be gone by the end of the week if I won. I have zero interest in running with the "moneyed" people that inhabit NYC.
This is the correct answer.
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Old 03-30-2012, 10:03 AM
 
Location: South Bronx
1,280 posts, read 2,436,552 times
Reputation: 1041
I'd move some place where my money would go further, maybe Aruba or D.R. I can always come back to NYC and stay in a luxury penthouse sweet
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Old 03-30-2012, 10:21 AM
 
Location: NYC
2,223 posts, read 5,335,298 times
Reputation: 1101
Nowhere. I'd just have a decorator redo my place and I'd buy a vacation home somewhere outside of NYC and a car to get me there!
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Old 03-30-2012, 10:24 AM
 
233 posts, read 751,944 times
Reputation: 251
I would cop the sickest house ever on Dune Road - have fun in the city.
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