Mega Millions
ms70
Posts: 13,956 ✭✭✭✭✭
You're the sole winner. What would you do numismatically? 
I would buy that 1792 Half Disme from Legend. Maybe even leave a tip.
Great transactions with oih82w8, JasonGaming, Moose1913.
7
Comments
I would buy all five of the 1913 Liberty V Nickels, and throw four of them in the ocean.
I would buy the fifth one...and destroy it!
I would buy one of the islet of Raja Ampat ....... West Papua
and live of the land & sea 
Do they have their own coins?
Great transactions with oih82w8, JasonGaming, Moose1913.
The famous Bird of Paradise
...... and start collecting Australian coins to save shipping cost
Those are such beautiful birds. Make a guy wonder how they fly
I like the bird of paradise flower too.
Nice pic. I love it.
Make an offer they couldn't refuse
to @tradedollarnut & @boiler78 for there entire collections
Steve
I think I'd hide out for a while just to figure out what to do next if I won all a that dough.
Would not be long before I'd have several #1 registry set(s)
Cancel your plans...I bought the winning ticket yesterday....
Nothing because I’m not 18 yet.
Well heck, I should just return the tickets I bought this morning for a refund because they;re probably no good.
We could split it I guess....
I would regard it as almost a set up for endless trouble.
Taxes are taken off the top, but I hear there are lots of ways to lower the tax burden getting money back if you can get a load
of losing tickets in case of audit. There are long lines today with office workers buying their tickets and guys spending in some cases over $100 on tickets.
"To whom much is given much will be required". Would you want to become a poster boy with the photos of the latest lottery winning idiot?
Most of the people I have known who got into gambling were wiped out eventually. A neighbor came up short unable to pay his bookie three times; and got worked over. He doesn't walk right and has emotional damage clearly.
I look at the "lucky" numbers you are supposed to pick with the supposedly random lottery drawings, and my eyes glaze over; there is no rhyme or reason when the numbers come up. I was watching the lottery ticket buyers yesterday and they had no real interaction with one another in their belief they could be the lucky winner. Compulsive, usually desperate, not happy people is what I see in these stores. There have been a few movies on this phenomenon, like "St. John of Vegas".
Has there been any huge lottery winner ($50-$100 million+) who has been bettered by it, been able to handle it without losing their head? Stories of wrecked lives are common. It doesn't matter how people may fantasize about how they will be able to handle it, it will not happen in a positive way, it probably never has in the US. And mega winners who want to remain anonymous have zero sympathy; with millions of losers it just is not realistic to expect the few who luck out to be able to pull up the trap door while they live their "dream" life.
I've always considered these large Lottery deals
as "Mental Tickets to Disneyland"
Most folks hope they'll win, know they probably won't,
but it's an admission ticket to your Brain contemplating
the 'big win' for a day or two, until the numbers are actually
drawn. That's Entertainment for $20 !
So logger, I'm assuming you aren't dreaming of winning and therefore this would not affect you numismatically?
Great transactions with oih82w8, JasonGaming, Moose1913.
I would buy the 1864-S $5 in P65 CAC from a well known former dealers collection and I would try and buy the 1732-Mo 8R from Mark S at NGC
Latin American Collection
I'm going to buy some of the coins I've admired, but can't afford. I don't care about the uber rarities. Just nice VF-XF early coppers and silver, type gold set, key coins, etc. With the vast majority of my haul, I'm going to take care of family and friends and try to leave the world a better place. Will probably invest in a pipeline from the local brewery too. Seems like that would be money well spent
The "losing" tickets have the name of the selling place on them. Checking the video camera records for the various times and places would show that you didn't buy them. Thus, you'd likely be prosecuted for tax evasion/fraud instead. With that much money, it's just better and smarter to pay the taxes due and save the aggravation. There was a recent article about this and the best way seems to be to exhaust the amount of money that you can 'gift" to others during your lifetime which is around $11 million IIRC. Unless you're going to "donate" to a lot of charities I don't think there's a lot you can do to reduce your tax burden.
Another possibility since the ticket is AFAIK yours to do with as you please would be to hire someone to sell it to another party in a private transaction for a lesser amount.
I will report back to you in a few years and let you know how I am dealing with my $55 million/year
Someone once said that the chances of winning the lottery is the same whether you bought any tickets or not.
But hey, the chance of a 800-million-to-one return is pretty hard to pass up. (Of course, I bought 10 tickets, so it's really only about 80-million-to-one, and much less than that taking the immediate payout minus taxes, fees, and the cost of a new phone so scum I haven't talked to in 25 years can't call me...)
I'd definitely get those Big Mac tokens slabbed.
Don't let dreams of winning the lottery distort your thinking - Appreciate what you already have -
An American investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked. Inside the small boat were several large yellow fin tuna. The American complimented the Mexican on the quality of his fish and asked how long it took to catch them.
The Mexican replied, “only a little while. The American then asked why didn’t he stay out longer and catch more fish? The Mexican said he had enough to support his family’s immediate needs. The American then asked, “but what do you do with the rest of your time?”
The Mexican fisherman said, “I sleep late, fish a little, play with my children, take siestas with my wife, Maria, stroll into the village each evening where I sip wine, and play guitar with my amigos. I have a full and busy life.” The American scoffed, “I am a Harvard MBA and could help you. You should spend more time fishing and with the proceeds, buy a bigger boat. With the proceeds from the bigger boat, you could buy several boats, eventually you would have a fleet of fishing boats. Instead of selling your catch to a middleman you would sell directly to the processor, eventually opening your own cannery. You would control the product, processing, and distribution. You would need to leave this small coastal fishing village and move to Mexico City, then LA and eventually New York City, where you will run your expanding enterprise.”
The Mexican fisherman asked, “But, how long will this all take?”
To which the American replied, “15 – 20 years.”
“But what then?” Asked the Mexican.
The American laughed and said, “That’s the best part. When the time is right you would announce an IPO and sell your company stock to the public and become very rich, you would make millions!”
“Millions – then what?”
The American said, “Then you would retire. Move to a small coastal fishing village where you would sleep late, fish a little, play with your kids, take siestas with your wife, stroll to the village in the evenings where you could sip wine and play your guitar with your amigos.”
Wisdom has been chasing you but, you've always been faster
I would get involved with an exploration team and hunt in the ocean.
Best place to buy !
Bronze Associate member
I'd fill my basement with silver dimes, buy a mini-bulldozer and play Scrooge McDuck all day long.
it's crackers to slip a rozzer the dropsy in snide
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
Giveaway my coin collection with Forum contests. Then focus on collector cars, collector islands and collector girlfriends.
No Way Out: Stimulus and Money Printing Are the Only Path Left
corner the market on Susan B. Anthony Dollars?
I would make donations to the ANA and whatever the name of the numismatic crime task force is.
I would become a coin dealer and not give a darn how many mustard stains that I have on my shirt.
Yes Fred, I agree.
I know I am not going to win and therefore did not even buy a ticket.
I would not want that much money.
It would just be an endless problem with all the publicity.
Even if you tried to hide, someone would blab.
To keep this coin related, IF I bought a ticket and IF I won (I didn't and wouldn't) I would try to assemble the finest Lincoln Matte Proof set in existence.
I think the girlfriends would be in abundance.
I would have fun, and build and turn strategic collections.
I always wanted my own tank!
I would buy examples of all the big coins (1913, 1804, 1792, etc.) and also start making my own money. I'd mint "coins" made of silver and gold, without denominations, and in various weights. I'd leave them for tips and maybe barter with them in larger quantities for big ticket items.
I'd also have the Federal Reserve put in a special order with the Treasury Dept. for a run of several million $2 bills.
Just random fun stuff....
Even a mighty slim chance is better than no chance.
I agree that using losing tickets that aren't yours is asking for trouble.
That was actually a recommendation of a coin club member I know who is an accountant. I know. He advised a client to go to Foxwoods to get discarded losing receipts to write off the winnings. I guess it may work if you don't get audited but chances of an audit go up a lot on questionable deductions.
Let's see..............1.6 billion / 1300 = 100,000 troy pounds of gold ???
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
I'd set up a $100,000,000 prize contest for the worlds top experts in physics and engineering to build me a Scrooge McDuck tower filled with Morgans that I can actually swim in
I'd find a way to buy St Michaels Mount in England, but then again $1.6B probably isn't even close to enough.
Or just contract with Sunshine Minting or similar business to supply you with a million or more silver rounds that look like Morgans. Or buy up 90% and make the rounds out of that.
I'd go for a monster box set of AGEs.
I would move to Hawaiii !!!
Collector girlfriends would probably have even more plastic than slabbed coins...
U.S. Type Set
Full set of Pan-Pacs with original box. Complete set of Saints.
And as a child of the 1980s, I'm totally on board with the Scrooge McDuck tower!
Gonna get me a $50 Octagonal someday. Some. Day.
What's with the 'duck' ?
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb, Ricko
Bad transactions with : nobody to date
Die of a heart attack before I could spend it.
Paper money eventually returns to its intrinsic value. Zero. Voltaire. Ebay coinbowlllc
I would buy the coins I really want but right now can't afford. So, my collection would get better, but I would still collect the things I collect today.....Once I moved to an unknown location because you know the person who wins, especially if its just 1 person, will be the most sought after, at least for the next year or so....lawsuits galore, especially if there is an ex spouse....
Don't quote me on that.
Coins that you have worked and sacrificed for are more treasured.