Originally Posted by xxweekxx

yup was watching this show the other day.. a lot of them end up losing it, $1million, $100 million.. doesnt matter..

Its easy to blow $100m if u try.. a few nice cars and houses and at least $50m is gone.. then upkeep, partying, throw in a private jet and boat, and the other $50m is gone too

if i did win $100mil, i'd honestly invest $90m of it..

Then put $10m in ING or some shit and have it automatically withdraw and send me $250k/yr(this way my $10m lasts till i die when(10M+interest will last at least 50yrs if $250k/yr is paid out)

So i'll let my investments sit, while i live off $20k or so a month..anything i cant afford for $20k a month i wont get..

The mistake people make is they up their lifestyle so much.. no need to buy a $1mil car now u have $100m, a $50k car will still do.. so will a $300-400k house.. no need to buy a $40mil house