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user-inactivated · 3239 days ago · link · · parent · post: Daydreamers of Hubski, the Powerball is up to $1.3 BILLION. What would you do if you won?
I had a thought. A New Tesla S is roughly 90K with all the toys. Buy one. Then throw it away next month and buy a new one. Do that 12 times a year and you are talking roughly 1.1 million, make that 1.5 million to pay for taxes. This does not even dent into the interest on the cash prize after taxes. Assuming 500 million take home after you get the cash award and pay taxes, and you invest it at a shitty return of 4%, you can do the above with THIRTEEN cars a month. It's rough to think about how much cash this actually is.