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10-20-2005, 02:40 PM
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GreekChat Member
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Join Date: Sep 2004
Posts: 182
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Powerball Lottery
What would you have done if you won the $340 million powerball lottery?
I would honestly provide the funds to my chapter so no new members would have to pay for national initiation or pledge dues for a long time. I'm sure that would help with recruitment.
I would also endow a scholarship (or many) through both the national foundation and the school's foundation for member's of my fraternity.
I would also place a statue of myself outside the front of both my undergrad and law schools.
The rest is for me and some annual charity giving.
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10-20-2005, 04:08 PM
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Join Date: Jan 2001
Location: Cleveland Rocks!
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Re: Powerball Lottery
Quote:
Originally posted by NebraskaDelt
I would also place a statue of myself outside the front of both my undergrad and law schools.
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Nice, lol
I would do the following:
Pay off my house
Pay off my car
Pay off all my credit cards
Put money away for my nephew to go to college if he wants to
Donate money to Alpha Theta Chi
Donate money to Lambda Chi Alpha
Donate money to Juvenile Diabetes Research Foundation
Give some money to my friends and family
How much money do I have left???
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ALPHA THETA CHI - FOUNDED 1989 / BETA NU 1996 letters4life
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10-20-2005, 04:50 PM
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Join Date: Jun 2000
Location: Mile High America
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Funny, I've actually thought a little about this in the past, and besides the obvious -- taking care of my kids futures, and paying off major bills like the small mortgage we have -- I gave a fair amount of thought to which organizations and charities to which I would donate.
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Fraternally,
DeltAlum
DTD
The above is the opinion of the poster which may or may not be based in known facts and does not necessarily reflect the views of Delta Tau Delta or Greek Chat -- but it might.
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10-20-2005, 04:58 PM
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Call me crazy, but I wouldn't want to win such a huge jackpot. I think it would jack up your life. You'd have to go into hiding.
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A hiney bird is a bird that flies in perfectly executed, concentric circles until it eventually flies up its own behind and poof! disappears forever....
-Ken Harrelson
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10-20-2005, 05:09 PM
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Join Date: Jul 2001
Location: Lexington, KY, USA
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I'd want to win just enough money to pay off all my bills and have a nice little cushion to fall back on. Of course, if I won $340 million, I'd sure take it!
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10-20-2005, 06:48 PM
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Location: The Sand Box
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Quote:
I would honestly provide the funds to my chapter so no new members would have to pay for national initiation or pledge dues for a long time. I'm sure that would help with recruitment.
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It might help with recruitment to be known as the 'free' fraternity, but you aren't requiring them to sacrifice anything to be apart of it...I don't think that would bring in good brothers. Guys wouldn't respect it as much.
I would definitly build a new house, and offer a whole range of extra's for brothers. Pledging dues and the entire process would probably be the same, maybe a little more difficult to weed out those that just want the benefits and none of the work.
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10-20-2005, 07:07 PM
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Join Date: Mar 2000
Location: Kansas City, Kansas USA
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God, I only Wish!!!!!!
My Chapter would have been set along with LXA IHQ.
Paid off all of My Debts and be Free and Clear.
Then to Donatins to Schools, Chapters, and Worthy Causes.
When You reach a certain Age, it dont mean a lot other than living till You Die!
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LCA
LX Z # 1
Alumni
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10-20-2005, 07:20 PM
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I'd pay off bills, give some to charities, but keep the majority of it in a savings account. Even if it had teeny tiny interest payouts, with that much in the bank you could be making $17 mil a day in just interest
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10-20-2005, 10:50 PM
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Join Date: Aug 2003
Location: Michigan
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Welllllll
If you take the cash payout, they said it would only be $112 mil after taxes.
My plan, besides paying off the houses (or getting new ones) for my immediate family and building a house for myself with separate quarters for my mom, and hiring people to take care of her...
I would fund several endowed scholarships through the Alpha Gamma Delta Foundation as well as a significant contribution ($5 mil) to the Foundation for it's own purposes. I'd also donate some to Alpha Gamma Delta for operating costs, although that's not tax deductible.
I have a list of charities that would each receive at least $1 mil, including the Crohn's and Colitis Foundation of America, Girls Scouts, Boy Scouts, the March of Dimes (they bought my dad's braces when he had polio 50+ years ago), American Lung Association, the Red Cross and my current employer. I would fund a chair for my department (and no, that doesn't mean buying an office chair..lol).
Finally, I would develop my own charitable foundation and work as the CEO of it. It would provide grants for psychiatric treatment of adolescents. I would fund a grant specifically to the hospital where I used to work that closed it's adolescent psych unit. It would include several wilderness boot camp type facilities. There would be no limitations on length of stay due to insurance issues, because there would be no insurance issues.
My daughter would be able to go to Harvard if she still wants to when she's old enough.
That's my plan.. now I just have to win.
Dee
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10-20-2005, 11:05 PM
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Join Date: Nov 2001
Location: Counting my blessings!
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While I wouldn't mind winning that much money, I would definitely be AWOL for a good while. The DJs on the morning show I listen to said that they heard that it IS possible to have two SS numbers in cases such as this. I've never heard of that, but most definitely, that would be in the plan, if legal.
I'd take the cash payout, & divide it three ways with my mother & brother (who am I kidding - I'd eventually get my mother's share back!). I'd tithe (10%), then...
-Pay off all debts/bills
-Start an endowment for my chapter (which would start with a MAJOR redecoration!)
-Possibly buy into a "retirement" village (and rent it out until I'm old enough to live there!)
-Invest the rest & live off the interest!
-This says it better: "My plan, besides paying off the houses (or getting new ones) for my immediate family and building a house for myself with separate quarters for my mom, and hiring people to take care of her... "
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~ *~"ADPi"~*~
♥Proud to be a Macon Magnolia ♥
"He who is not busy being born is busy dying." Bob Dylan
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10-21-2005, 12:41 AM
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Join Date: Mar 2002
Location: Calgary, Alberta - Canada
Posts: 3,190
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Lets see... well if Canada ever had a lottery pay out that huge ($30 Mil is huge here)
- pay off all my debts
- buy my younger brothers each starter homes (3 out 4 got'em)
- have family cottage overhauled and done up nice (rustic nice, not crazy)
- get myself my own cottage on the lake 
- purchase a condo just off campus, to use if I decide to pursue further education... or to rent out otherwise
- buy a nice plot and house out in the country - think retreat or 'manor' 
- refurbish Lambda Chi Alpha chapter house
- refurbish Gamma Phi Beta chapter house
- large donation to LCA Canadian scholarship fund
- large donation to LCA scholarship fund
- endow a UofT chapter scholarship
- endow a UofT Greek scholarship
- donations to Celtic Studies & Medieaval Studies departments at UofT
- establish a lecture series at UofT focusing on Post-Roman Brtish Isles
- see about having a common room or something dedicated to GLOs at UofT
- and finally buy/build a pub just off campus
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University of Toronto Alum
EE755
"Cave ab homine unius libri"
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10-21-2005, 02:20 AM
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Banned
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Join Date: Sep 2005
Posts: 175
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I would buy this site and ban John, and every single chick from that online crew, H&A or whatever.
Tom Earp would be gone as well.
Last edited by so damn cool; 10-21-2005 at 02:31 AM.
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10-21-2005, 05:16 AM
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Quote:
Originally posted by valkyrie
Call me crazy, but I wouldn't want to win such a huge jackpot. I think it would jack up your life. You'd have to go into hiding.
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CLUCK YOU!
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10-21-2005, 12:14 PM
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Join Date: Jun 2004
Location: In the deep south (and there's no place I'd rather be)
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Quote:
You'd have to go into hiding.
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No kidding! I would have "relatives" coming out of the woodworks wanting some of my money.
Here is what I'd do-
-Pay off my car
-Buy a newer, more fuel effiecient car (cause I drive a '95 Bronco)
-Pay off the hospital bills from my wreck last year
-Pay off my student loans
-Pay off the mortgage on my moms house
-Buy a house for myself and a new one for my mom
-Go on a tour of Europe
-Build a new animal shelter facility for my town
-10% to the church of course
-Go back to Clemson University since I'd be able to afford it.
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10-22-2005, 12:43 AM
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Location: Watching Janie and Jeff on DanceTV.
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Quote:
Originally posted by honeychile
I'd tithe (10%), then...
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The churches around here would give someone a funny look if they tithed gambling winnings to them
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Welcome to GreekChat. Sorry so few of us are willing to blow rainbows up your ass. --agzg
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