Seriously, what would you do with a 1/2 bill?

[Art Shirk]

Leaving aside the initial logistics like lawyers, security details, immediate divorce proceedings, etc, how would you actually spend it?

I'd

Quit my job but still attend the upcoming mandatory conference, skip out on all the bullshit sessions and wander around drunk in a leisure suit

Fix up all the shit around my house I've put off, keep the place but buy a joint on Lake Washington. Boat docked out back.

My new daily driver for just kicking around town would be that sweet Alfa 8c Competizione down the way. I could have it within a day.

Secure somewhat modest but perfectly located residence at mountain of choosing with a Ferrari FF and an ICON BR in the garage

Buy back my family's Hawaii home

Join Cypress Point for west coast and Oakmont for east.

One time stipend to family members with no more ever. Small chunk for VC stuff, rest parked.

Enter next WSOP

Travel. Fly private.

Purchase 10,000 monkeys and 10,000 typewriters and stick em in a warehouse in south Seattle.

[Tye 1on]

prolly quit pissing money away on lottery tickets?

[schwerty]

Pay off the mortgage
New ride for the Wife
Assorted boats and toys
Cabin around Glacier
Condo in Key West with a flats boat
Buy my folk's, in laws and sister in laws homes.

But that shit wouldn't touch that kinda cash....

The lions share would be put into various trusts to benefit my family and close friends.
I would also strategically employee skilled friends.
The trusts would encompass equity and bond positions as well as real estate. My family's well being would be in a solid muni bond ladder.

Set up a charitable foundation with 20mm. Trustees would include my wife and I and close friends. Set Amt per trustee would be dished out to each trustees non profits of choice. More funds would be added to the foundation in time. Finds would be managed conservatively but with growth in mind.


And I'd keep doing what I do for a living. But I'd pay others a lot more! I'd prolly have a big fucking party too.

[iceman]

And I'd keep doing what I do for a living.

Wow, you must really love cutting grass a lot.

[Tippster]

Give 20% to charity... use that to offset taxes. Wealth manager would make that shit tight.

Extended family trust of $50M. My wife and I are the sole trustees. They only get to request disbursal from earnings, not the nut, based on our approval.

Wife will likely want to keep working/expand her business. Allocate a fixed fund for that.

Invest the main nut. Live off returns. Should be ~$3M/yr if well managed. Get Net Jets account and Black AMEX... do whatever the fuck I want within that budget.

[warthog]

Step 1- buy a warehouse close to the house.
Step 2- have it pimped out with all necessary lifts, tools, wash equipment, and air compressors.
Step 3- Fill it with:

[KQ]

I'd love to set up a scholarship fund along the lines of the one David Letterman has or one of these other unique scholarships. Not sure what mine would be but I would want to serve a segment that can't qualify for the usual academic/sports/etc. scholarships.

I'd also like to help people afford needed medical treatment or other assistance (i.e. home modifications, specialized vehicles etc.).

I think being a philanthropist would totally rock.

[warthog]

Then buy a lot of waterfront property and get an extensive dock set up for these:






Then set up an investment fund to pay for the maintenance. The rest goes into trusts and investment portfolios to live off of.

Wheels Up membership, and travel is my new job, when I'm not maintaining vehicles and boats. Still won't pay too many people to do my maintenance shit, but might pay people to teach me the right way to do my shit better.

[Cruiser]

First order of business would be to send DD $37. No doubt about it.

[warthog]

I actually just had a customer that passed away from an aneurism at 43. I would cover his 4 kids' college tuition as starters. Then buy toys.

[skiballs]

Rent a space shuttle and take thing one one wild ass ride.

[iceman]

I'd give everyone in America $1.25 and just blow the rest.

[Flyoverland Captive]

Vow to never spend more than a month in one country until I'd seen them all. Pick my favorites and buy houses; rotate among them as seasons change.
Have myself cloned as an organ backup for the inevitable failed liver.

[farmer]

You could pay for one US Presidential Campaign.

[2FUNKY]

Ski fresh pow until I die.
Edit to add: if warthog wins, hook back up with him on a fishing trip since ma nature was not real nice on our first one. Take him on a trip if I win.

[digitaldeath]

Give 20% to charity... use that to offset taxes. Wealth manager would make that shit tight.

Extended family trust of $50M. My wife and I are the sole trustees. They only get to request disbursal from earnings, not the nut, based on our approval.

Wife will likely want to keep working/expand her business. Allocate a fixed fund for that.

Invest the main nut. Live off returns. Should be ~$3M/yr if well managed. Get Net Jets account and Black AMEX... do whatever the fuck I want within that budget.

That's it? No 6 liter mercedes

[Supermoon]

One house in Alta. One in Costa Rica. Split time between those and traveling all over. Put together a trust for the family, and peel off a bunch into an investment group managed by someone I trust. That way when everyone comes looking for money for some harebrained scheme I can direct them there.

What I don't really want is a bunch of stuff. The best thing about the money is the freedom of it, and too much stuff just holds you back.

[char_]

One time debt payoffs for family + retirement accounts/college.
Get involved with funding local and state politics.
Donate a lot.

Travel, learn stuff. New house and cars.

[stuckathuntermtn]

2 chicks at once...

[old goat]

I'd give it all to charity. You don't believe me? Then give me a 1/2 bill and see what happens.

[Bobby Stainless]

see below...

[doughboyshredder]

2 chicks at once...

Money won't help *you* get laid, stuck.

[Bobby Stainless]

Pagani Huayra



Singer 911


Ferrari 410 Superamerica


Guards Red 918


Guards Red CGT


Guards Red 959


I'd keep working...


I'd split time between these two homes.

http://www.luxuryhomes.com/lh/listing/United_States/Hawaii/Maui/5520_Makena_Road-Black_Sands_at_Makena

http://www.luxuryhomes.com/lh/listing/United_States/Colorado/Snowmass_Village/Custom_Home_in_Snowmass_Village

[huckbucket]

Fortunately for us, Charlie Sheen laid a roadmap. The rest is easy.

[riser4]

How does one teach the kids to work for a living if you don't have to?