31 Coworkers split 47 Mill lottery

[Reece]

The average person in the US makes between $40,000 and $60,000

The average retirement savings is $100,000 and that's heavily skewed by top earners

But $900,000 aint life changing

The Coli yall

 

[dora_da_destroyer]

You living in the most expensive city in the United States doesn't mean that $900,000 isn't life changing.

It just means you need to leave San Francisco.

With $900,000 you'd be balling hard in Atlanta, Dallas, Houston, Chicago or North Carolina/Virginia.

Here we go again - I shouldn't have to downgrade my life or go live somewhere I don't want to be because it's cheap to see a "life changing" event from this money. If that's the case, I could literally stop working now and live the rest of my life in Ecuador if "move somewhere cheap" is the magic to life changing.

Don't know how many ways to write it - that's not life changing money to me.

 

[Reece]

Here we go again - I shouldn't have to downgrade my life or go live somewhere I don't want to be because it's cheap to see a "life changing" event from this money. If that's the case, I could literally stop working now and live the rest of my life in Ecuador if "move somewhere cheap" is the magic to life changing.

Don't know how many ways to write it - that's not life changing money to me.

You live in one of the most expensive cities on Earth

Just because yall paying $700,000 for a 1 bedroom house over there don't mean $900,000 ain't a grip
You better be a millionaire already

 

[dora_da_destroyer]

You live in one of the most expensive cities on Earth

Just because yall paying $700,000 for a 1 bedroom house over there don't mean $900,000 ain't a grip
You better be a millionaire already

Please quote any one of my posts where I said it's not a grip? I've actually said the exact opposite, it is a nice sum - just not what I'd consider life changing.

 

[African Peasant]

Them Coli cats are rubbing elbows with billionaires investors in Hong-Kong. Don't talk to them about 900 K.THAT'S NOTHING TO THEM

 

[lotteryplaya]

How are taxes in Canada? That's roughly 1.2 million after taxes each. That could work for life if they invest it, and get passive income. I'd make sure we had some kind of written agreement before I gave my $5. What if the woman didn't reveal she had the winning ticket, and had someone else claim the money?

We do not pay taxes on lotto winnings (only if you gain interest on those winnings)

Everyone should have copies of the tickets before numbers are announced.

At our office whoever buys the tickets has to scan and send to everyone right afterwards so that the above doesnt happen. Its usually purchased during lunch

Congratulations to these tax free lottery winners must be nice

 

[NaijaProdigy Redux]

I don't see anything wrong with what @dora_da_destroyer said....shyt is all relative

 

[BornStar]

The fukking coli.com yall.

Not life changing



im

 

[Absolut]

hmm, that's 1.5 US, est. losing 35-40% to taxes, 900k. Nice investment/retirement change to sit on but not life changing money. Good enough tho for just throwing a few dollars in an office pool each month tho

@ 900k in a lump payment not being life changing money

 

[Absolut]

this idiot in here talking about "copping a crib with cash" and still dancing around the fact that being able to buy a fukking high 6 figure house in cash is the DEFINITION of life changing

Or cop a crib cash.

 

[The True HD]

I could be in any state, you give me 900-1.2 and I'm grinding my hardest to invest and put myself in a position to never work again.

 

[Wild self]

Here we go again - I shouldn't have to downgrade my life or go live somewhere I don't want to be because it's cheap to see a "life changing" event from this money. If that's the case, I could literally stop working now and live the rest of my life in Ecuador if "move somewhere cheap" is the magic to life changing.

Don't know how many ways to write it - that's not life changing money to me.

Is it worth it living like that? Too many of these extroverts lack discipline to think it out, cause they want to have instant access to everything.

 

[lotteryplaya]

A big house in the Dallas or Houston Metro area cost around 200k TOPS.

THAT LEAVES YOU ROUGHLY 700K (or in this case, 1.35 million left over in Canada tax free lotto terms) to invest. That is more than enough to live off on, in numerous investments. Do it intelligently, you can have 2 cars, a mortgage paid off, and not have a 9-5 again.

This. I just helped with the paperwork for a friend who sold a house for 80 thousand in Tennessee. The house was damaged by the angry people who were in it last time but even after paying for repairs I bet he can sell it for 125k or more. Like you said in the south you can get a big house for low six figures and since we are talking about 900k tax free/after taxes we are talking about more than one house(you can make money renting one out while living in the other home), a luxury car and money left over to invest or start a business. Jeff Bezos started off with a 300k loan from his mother.

 

[Pimp]

no...my life would be the same next week as it is today except my student loans and mortgage would be paid off (possibly...not in a rush since my tenants cover it ) and i'd have more in long term investment/retirement fund. i couldn't buy the home i want out here, let alone cop multiple residences (a life dream), wipe out debt, upgrade my lifestyle, and live my ideal life with $1.5 million. that would add comfort, more so in the long term. but "life changing" - to me - is transformational. $1.5M is not that.

Why in world would you pay off you mortgage? SMH... You should just leave this thread.. In NY/NJ even after your house is paid off them taxes are 12-20k per year... So you basically still have a mortgage..

 

[dora_da_destroyer]

Why in world would you pay off you mortgage? SMH... You should just leave this thread.. In NY/NJ even after your house is paid off them taxes are 12-20k per year... So you basically still have a mortgage..

Because I'd have 9g's a month going into my pocket if I pay it. Start stacking to buy myself another building


And these are all reasons I don't consider this life changing. Life changing to me wipes out all debt and allows me to upgrade my lifestyle today onward. I should be able to make real investments today (property, for example) and investments for tomorrow and have the cash/income to live better - nice house, paid car, ability to pursue the career I care about more altho it pays markedly less - for me to identify it as life changing.

If you making 50k with 15k in retirement, then yea, this could change your life...shyt is relative to each person's situation, goals, and idea of a good life.


And funny how all of a suddenly everyone in this thread is a master investor who is gonna double this in 2-3 years yet can't flip the money they do have, in here losing their shyt cuz some people are in a position where it takes more than 900k to change their lives.