|
Let's say you win. Let's say you take home $500 mil after taxes and whatnot. Let's say you cash out $5 mil for a spending spree. You buy a house, car, land, marry the love of your life. Out of that $5 mil, you should still have more than enough cash to live on for a year.
So that leaves you with $495 mil. You could put that into 12 month CDs. At the current interest rates, you'd be earning about $1.2 million per year out of thin air from interest, or roughly $100k per month.
I don't know about you, but I could live quite comfortably on that. Keep doing that year after year, and you'd never need to touch that $495 mil.
Let's say you just can't manage to spend $100k per month. Fine. Add whatever leftover cash to your $495 mil in CDs and watch the total compound and your yearly interest earnings increase.
I don't know how well this would actually work in the real world. But it seems good on paper.
Good luck to y'all.
|