Quote:
Originally Posted by alwann
I've always wondered why the extremely wealthy buy these monster yachts. Tiger, Shak, Bezos, et al. all have one. Over 70 feet long, they need a licensed captain and crew. The super wealthy are super busy and have minimal free days for cruising.
Is it a good investment? A tax loophole of some kind? A revenue stream through leasing the craft for charters? Ego? Or they've got so much money they don't know what to spend it on.
I want to know so when I win Powerball, I can act accordingly.  |
I can honestly say I don't know.
Re: powerball
I do not buy lottery tickets. You have a greater chance of being struck by lightening than winning the lottery. Hum, in Florida, lightening capital of the world or is it the US the odds are better.
I do know or knew someone whose son-in law won a 14 million dollar lottery. There were 7 people in a pool. So we figure 2 million each. NOPE, I recall al details, it was a long time ago BUT, seven people they wanted immediate payout. The 14 million that they sell you on says 30 year payout. They tax the TAXES, before you get the money.
People never tell you the truth when is comes to money but I was told his son-in- law cleared around 350,000.
If, you do win, I would not tell anyone. Typically, what happens when people read you have won millions, you get contacted by relatives, friends, charities etc. Don't you remember I sat behind you in kindergarten. I was just thinking about you. COULD YOU LEND ME I MEAN GIVE ME $$$$$$$$