Topic Wiki

Ways to stay anonymous:

1. Don't cash the ticket.  Instead, frame it with one of the numbers obscured, and hang it in your office. 
2. Give it to someone you can trust, like me to cash in.

Author Topic: Want to remain anonymous, when you win the powerball?  (Read 64213 times)

Offline Redbull3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2011
  • Posts: 3491
  • Total likes: 417
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: Blocked By @NeriaKraus
Re: Want to remain anonymous, when you win the powerball?
« Reply #280 on: January 13, 2016, 04:31:18 PM »

Online skyguy918

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 3809
  • Total likes: 822
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Queens, NY
Re: Want to remain anonymous, when you win the powerball?
« Reply #281 on: January 13, 2016, 04:35:02 PM »
Making 8% on a reasonably safely diversified portfolio, or living off the earnings of that?
There is no safe investment today yielding 8%.
+1. 8% CAGR may be a reasonable assumption over a 30 year investment horizon, where the money is untouched. But if you're living off your earnings, you need to be in stable investments.

On top of that, the $2m cash payment I mentioned becomes just over $1m after federal and NJ state tax. Even if you got your 8% on that $1m - which we've established is unreasonable - that's $80k per year. But you'd also be paying ~30% of that $80k each year in federal and NJ state capital gains taxes, because that $80k is pure gains. So now we're talking about living on $56k after tax a year, even for a 40 year old who hasn't incurred most of the big expenses of child rearing?

Online skyguy918

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Mar 2011
  • Posts: 3809
  • Total likes: 822
  • DansDeals.com Hat Tips 1
  • Gender: Male
    • View Profile
  • Location: Queens, NY
Re: Want to remain anonymous, when you win the powerball?
« Reply #282 on: January 13, 2016, 04:36:36 PM »
Just curious, how did you quote someone from the future?


http://forums.dansdeals.com/index.php?topic=59828.msg1383011#msg1383011

ETA: Both posters quoting each other in a weird circular way.
Fixed. It was something to do with the fact that I has started to modify my post, then noticed his post, and thought I was replying fresh to that while still in edit mode.

Offline henche

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2011
  • Posts: 4183
  • Total likes: 447
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #283 on: January 13, 2016, 04:53:50 PM »
anyone buying with lakewood cheder's numbers to piggyback on their zchus harabim?

Offline jackofall

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Nov 2012
  • Posts: 772
  • Total likes: 45
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #284 on: January 13, 2016, 04:57:06 PM »
There is no safe investment today yielding 8%.
Correct, if you have $ 1,000 to invest. If however you have 2 mm there are plenty of save investments that return anywhere from 8 to 11%.
If you focus on being a boss, you will never be a leader. Leaders lead people to growth and improvement.

Offline Redbull3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2011
  • Posts: 3491
  • Total likes: 417
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: Blocked By @NeriaKraus
Re: Want to remain anonymous, when you win the powerball?
« Reply #285 on: January 13, 2016, 04:57:23 PM »
anyone buying with lakewood cheder's numbers to piggyback on their zchus harabim?
If we all chip in and buy the same tix we could knock it down from 2mm to 1mm per person. That's just cruel.. love it.

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 67555
  • Total likes: 16848
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
Re: Want to remain anonymous, when you win the powerball?
« Reply #286 on: January 13, 2016, 04:58:34 PM »
Correct, if you have $ 1,000 to invest. If however you have 2 mm there are plenty of save investments that return anywhere from 8 to 11%.
100% safe? Namely?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline jackofall

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Nov 2012
  • Posts: 772
  • Total likes: 45
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #287 on: January 13, 2016, 04:59:43 PM »
100% safe? Namely?
Nothing is 100% safe. Referring to solid investments. Namely real estate.
If you focus on being a boss, you will never be a leader. Leaders lead people to growth and improvement.

Offline Redbull3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2011
  • Posts: 3491
  • Total likes: 417
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: Blocked By @NeriaKraus
Re: Want to remain anonymous, when you win the powerball?
« Reply #288 on: January 13, 2016, 04:59:55 PM »
Correct, if you have $ 1,000 to invest. If however you have 2 mm there are plenty of save investments that return anywhere from 8 to 11%.
Please do tell b/c my simple, passive strategy has been getting killed lately.

Offline Dan

  • Administrator
  • Dansdeals Lifetime 50K Diamond Elite
  • **********
  • Join Date: May 2008
  • Posts: 67555
  • Total likes: 16848
  • DansDeals.com Hat Tips 16442
  • Gender: Male
    • View Profile
  • Location: CLE
  • Programs: UA GS, AA EXP, DL Dirt, Hyatt Glob, Fairmont Lifetime Plat, DD Diamond, Blocked By @NeriaKraus
Re: Want to remain anonymous, when you win the powerball?
« Reply #289 on: January 13, 2016, 05:02:08 PM »
Nothing is 100% safe.
-1

Referring to solid investments. Namely real estate.
Going to bet your whole nest egg on real estate?
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline jackofall

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Nov 2012
  • Posts: 772
  • Total likes: 45
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #290 on: January 13, 2016, 05:04:55 PM »
-1
Going to bet your whole nest egg on real estate?
Half. 1 mm at 10% spread out between 3 deals. 500 Grand mutual funds. 500 Grand treasuries. Can almost live off of this
If you focus on being a boss, you will never be a leader. Leaders lead people to growth and improvement.

Offline Redbull3

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2011
  • Posts: 3491
  • Total likes: 417
  • DansDeals.com Hat Tips 1
    • View Profile
  • Programs: Blocked By @NeriaKraus
Re: Want to remain anonymous, when you win the powerball?
« Reply #291 on: January 13, 2016, 05:06:03 PM »
What does this safe investing in real estate look like? ETF? Check out IYR or VGSIX past 1 year charts. Ugly. Something else? What.

Offline jackofall

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Nov 2012
  • Posts: 772
  • Total likes: 45
  • DansDeals.com Hat Tips 2
  • Gender: Male
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #292 on: January 13, 2016, 05:18:05 PM »
What does this safe investing in real estate look like? ETF? Check out IYR or VGSIX past 1 year charts. Ugly. Something else? What.
Directly into real estate. Companies that buy real estate. Hard to find trustworthy ones but there are some out there.
If you focus on being a boss, you will never be a leader. Leaders lead people to growth and improvement.

Offline grodnoking

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2014
  • Posts: 5847
  • Total likes: 767
  • DansDeals.com Hat Tips 17
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #293 on: January 13, 2016, 07:16:56 PM »
There is no safe investment today yielding 8%.
What's the percentage that would be considered safe
I'm not who you think I am.

Offline talmid chuchem

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2014
  • Posts: 1129
  • Total likes: 67
  • DansDeals.com Hat Tips 5
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #294 on: January 13, 2016, 07:23:40 PM »
+1.5B


 Nice way of getting out of paying taxes on the winning. (non profits dont pay tax, but the rebbeim will still be taxed on their winnings.
Nonprofits DO pay taxes on earning.
They don't pay taxes on their purchases as they are NON-PROFIT, but if they make profit they pay taxes Luke any other corp.

Offline lunatic

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: May 2009
  • Posts: 4429
  • Total likes: 29
  • DansDeals.com Hat Tips 8
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #295 on: January 13, 2016, 07:26:49 PM »
Nonprofits DO pay taxes on earning.
They don't pay taxes on their purchases as they are NON-PROFIT, but if they make profit they pay taxes Luke any other corp.
-1

Offline Super Speed

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2013
  • Posts: 4849
  • Total likes: 50
  • DansDeals.com Hat Tips 4
  • Gender: Male
    • View Profile
  • Programs: SPG Gold, Hilton Gold, Hyatt Platinum, Marriott Gold, Hertz Presidents Circle, Avis First, National Executive Elite, Sixt Platinum.
Re: Want to remain anonymous, when you win the powerball?
« Reply #296 on: January 13, 2016, 07:29:22 PM »
If I was a parent, I'd be furious.  You mean I might not have a school to send my kids to tomorrow?
Rabbaim aren't Rabbaim for the money, I bet you every single rebbi will show up tomorrow even if they won.

Offline Super Speed

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2013
  • Posts: 4849
  • Total likes: 50
  • DansDeals.com Hat Tips 4
  • Gender: Male
    • View Profile
  • Programs: SPG Gold, Hilton Gold, Hyatt Platinum, Marriott Gold, Hertz Presidents Circle, Avis First, National Executive Elite, Sixt Platinum.
Re: Want to remain anonymous, when you win the powerball?
« Reply #297 on: January 13, 2016, 07:31:56 PM »
Also everyone is assuming they used the schools money when in fact that was not the case.
Not that I think you need to purchase more than one ticket but it wasn't the schools money.
« Last Edit: January 13, 2016, 07:35:27 PM by Super Speed »

Offline grodnoking

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2014
  • Posts: 5847
  • Total likes: 767
  • DansDeals.com Hat Tips 17
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #298 on: January 13, 2016, 07:33:06 PM »
Nonprofits DO pay taxes on earning.
They don't pay taxes on their purchases as they are NON-PROFIT, but if they make profit they pay taxes Luke any other corp.
-1, if I would buy something off them, they would need to pay sales tax, but they dont pay income tax or the sort.
I'm not who you think I am.

Offline talmid chuchem

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Oct 2014
  • Posts: 1129
  • Total likes: 67
  • DansDeals.com Hat Tips 5
    • View Profile
Re: Want to remain anonymous, when you win the powerball?
« Reply #299 on: January 13, 2016, 07:33:18 PM »
-1
Um, u know what your saying? or saying what you know?