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To: NRx
$494 million cash prize
(220 million taxes)
=$274 million net.

274 million * 4% diversified dividend and bond stream = $11m/year and growing to live off without ever toughing principal. Yeah, I could make that work I think.

27 posted on 10/17/2018 9:12:40 AM PDT by rb22982
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To: rb22982
Yep....and once you've bought your initial toyset (house, car, boat, etc) you still won't be able to spend it all - provided you diversify as you mention.

Me...I'm setting up a big book/comic book/gaming/diner/Japanese restaurant /Cineplex that will run at a loss. Just so I have something to do outside the house - keeps the wife happy ;)

43 posted on 10/17/2018 10:03:17 AM PDT by reed13k
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