Billionaires

[Onebadcad]

Irish Whiskeys can get top dollar, this one hit $2.8M.
Although you will usually almost always see Scotch at the top of the auction price range, usually almost always a Macallan.

https://www.usatoday.com/story/money...n/72254615007/

Irish whiskey with $2.8 million price tag purchased by whiskey collect

Whiskey lovers who drop $100 or more for a bottle got off easy. The latest record-breaking bid for a coveted super-premium spirit: $2.8 million for a bottle of rare Irish whiskey.

The Craft Irish Whiskey Co. says it has sold a bottle of The Emerald Isle triple-distilled Irish single malt whiskey for $2.8 million to American whiskey collector Mike Daley. That surpasses the price tag on the previous recordholder, a bottle of The Macallan 1926, which went for $2.7 million at an auction held by Sotheby's in November 2023.

Daley, who has a collection of several thousand bottles of Irish and American whiskies, and Scotch whiskeys, sees Irish whiskey on the rise. "Irish is the future of whiskey. I'm excited to be part of it, as a collector, but most importantly as a drinker," he said in a statement in a press release about the sale.

[Aerovette]

I am a solid hundredaire. The majority of my hundreds is in my wallet. The third hundred is tied up in a ceramic pig investment holding situation.

[Mick]

Originally Posted by Aerovette

I am a solid hundredaire. The majority of my hundreds is in my wallet. The third hundred is tied up in a ceramic pig investment holding situation.

Pish! Piker!

I'm a multi-thousandaire!

Peasant.

Now get me fresh fries, these are cold and soggy! And no, I don't want fries with my fries!

[99 pewtercoupe]

Originally Posted by Onebadcad

Irish Whiskeys can get top dollar, this one hit $2.8M.
Although you will usually almost always see Scotch at the top of the auction price range, usually almost always a Macallan.

https://www.usatoday.com/story/money...n/72254615007/

The difference between Irish dancing and Scottish dancing

[Bill]

Originally Posted by Mick

Pish! Piker!

I'm a multi-thousandaire!

Peasant.

Now get me fresh fries, these are cold and soggy! And no, I don't want fries with my fries!

In Houston, we shoot yo' azz when you complain about fries, yo'! You should just be happy you got fries at all.

https://www.click2houston.com/news/l...-bush-airport/

[Yadkin]

Originally Posted by Onebadcad

Anyone in here on that list??

I have billions of air molecules. Does that count?

[Onebadcad]

My revised powerball due to rollover, Saturday is drawing.

Here the FL winner math--net proceeds are less if state has income tax:
$1.230B estimated prize today
$1.5B should be the increased jackpot for Saturday drawing
$728M cash prize, based on 48.50% of jackpot amount
***AGAIN, FLORIDA amount, no state income taxes
37% stolen by irs
$459M net cash proceeds after irs theft
***I believe you are given 75% of your cash prize, you get square on tax filing

We will work with the $459M net after irs theft
You build a 20,000 sqft home, 100-car garage on 10-acres
Figure 40,000 total square feet at $750 sqft, so $30M
Land will vary, figure $2M max for land
Furnishings and garage equip will be another $5M
Figure about $5M for bowling alley, Scottish-replica bar, huge pool, living quarters in garage to hide from wifey
So total ALL IN on home is $42M, call it $45M as you will need upgrades

So, you spend $45M on house and your 100-car garage
Leave you with $414M

If you want a yacht, figure $20M for a newer 150-foot
DO NOT BUY A JET, go fractional, will cost under $2M for 1/16 share of a $30M eight-seater
You still pay by the hour for flight time, but hey, why hang out in airports and airport parking lots

So, after house w/ killer garage, 150-footer and fractional jet, you still have $392M
Wifey will buy wardrobe, jewelry, purses, shoes, etc,,, so figure $3M here.

You are down to $389M
Figure net 8% return after taxes, you live on $2.6M/month without touching $389M


Here is what I would do.
I would not spend a penny, I can manage what little current debt I have.
Take all of $459M, know a dood, hedge fund owner, maybe family
He takes all $459M, gets me 18% annually net after fees and taxes--his average is better than this in last 20+
That grows compoundly and doubles every four years
So, year 4 I now have $918M
By year 8 I am at $1.836B
Year 12 at $3.672B
Year 16 at $7.348B

I will get out of the game at year 16, I will now have enough to buy every Arby's franchise, change name to OBC's place and invite all my VB buddies, of which I currently have none, to dine with me in any city in America.

[Onebadcad]

Originally Posted by Yadkin

I have billions of air molecules. Does that count?

Throw in a couple driveway rocks and I can get you on the list!!

[Mick]

Originally Posted by Onebadcad

My revised powerball due to rollover, Saturday is drawing.

Here the FL winner math--net proceeds are less if state has income tax:
$1.230B estimated prize today
$1.5B should be the increased jackpot for Saturday drawing

The estimate for last night was $1.0 billion. The increase to $1.2 billion included the lottery's best guess of how many tickets will be sold for Saturday. It could go higher, if the public gets in a frenzy over it, but $1.5 billion is pretty unlikely.

Cash value on the $1.2 billion is $595 million. Federal tax on that will be about $220 million, so you'll net out about $375 million if you don't pay state tax.

[Yadkin]

Originally Posted by Onebadcad

Irish Whiskeys can get top dollar, this one hit $2.8M.
Although you will usually almost always see Scotch at the top of the auction price range, usually almost always a Macallan.

That's crazy talk. I drink my whiskey. $30/ fifth is my top shelf Irish.

[LATB]

Originally Posted by Mick

The estimate for last night was $1.0 billion. The increase to $1.2 billion included the lottery's best guess of how many tickets will be sold for Saturday. It could go higher, if the public gets in a frenzy over it, but $1.5 billion is pretty unlikely.

Cash value on the $1.2 billion is $595 million. Federal tax on that will be about $220 million, so you'll net out about $375 million if you don't pay state tax.

375M would be very nice.

[Bill]

Originally Posted by Red Baron

Hey I gotta ask ya BD, since you mentioned Houston... Do you live in Houston near the 610 Loop, and do you know where Telephone Road is?

I live in one of the burbs, outside Houston's second loop, the Beltway 8.

610 at Telephone is the Sunnyside area to the south, and 3rd Ward to the north. Don't let the names fool you, it's one of the most dangerous places in the country. My friend from Ft. Worth came down to see me in the evening, when it was dark, and was lost. He called me.

"Where ya at?"

"Uh, looks like 610 and, uh, uh, Telephone Rd."

"OK, first, get in your car and GTFO of there immediately. I don't care where you go, just get away from there. It's not safe."

"Uh, OK."

https://propertyclub.nyc/article/mos...ods-in-houston

Houston is a great place to live, but you'll want to make sure you live in a safe part of the city. While we wouldn't say Houston is unsafe, it does have some dangerous areas. Read on to discover Houston's most violent neighborhoods.
Is Houston Dangerous?

Houston isn't very dangerous compared to other large cities, but crime in the city has risen in recent years. Houston has a crime rate that is 126% higher than the national average, which is comparable to other large cities. The main problem is the increasing violent crime rate since 2020.

While many areas of the city are relatively safe, these are the worst neighborhoods in Houston based on crime statistics from 2021 and 2022.
Most Dangerous Neighborhoods in Houston

Sunnyside
MacGregor
Sharpstown
Greenspoint
Far North
Northeast
Northwest
East End
Sugarland
Pasadena

1. Sunnyside

The most dangerous neighborhood in Houston is Sunnyside due to its extremely high crime rate, which has only risen in recent years. Sunnyside is a large neighborhood located South of downtown Houston and has a population of 17,751. The crime rate in Sunnyside is 92 per 1,000 people, meaning residents have a 1 in 11 chance of being the victim of a crime. Some of the most common violent crimes in the neighborhood are robbery, assaults, and to a lesser degree, murder.


2. MacGregor

Another one of the most dangerous areas in Houston is the MacGregor neighborhood, which is located in southeast Houston's Third Ward. The area includes beautiful old mansions and a well-funded research university. However, many low-income apartments are located in the MacGregor neighborhood, and a lot of violent crime and theft happen there. The violent crime rate is 78 per 1000 residents. The neighborhood is so violent that it's been ranked as one of the most dangerous areas in the United States.

The public schools are some of the most poorly rated in the Houston School District.

[Mick]

Originally Posted by LATB

375M would be very nice.

I guess.

Living in NJ, the state would take another 10%, so if I won, I would only net out about $315 million. I guess that would tide me over for a while.

Wife wants me to get another $10 ticket. I'll probably give her what she wants, but as a guy who has a Master's degree in statistics, I have a pretty clear understanding of what I am about to do. The probability of me winning the jackpot by buying the ticket is not statistically significantly different than running a $10 bill through the shredder.

[Onebadcad]

Originally Posted by Mick

The estimate for last night was $1.0 billion. The increase to $1.2 billion included the lottery's best guess of how many tickets will be sold for Saturday. It could go higher, if the public gets in a frenzy over it, but $1.5 billion is pretty unlikely.

Cash value on the $1.2 billion is $595 million. Federal tax on that will be about $220 million, so you'll net out about $375 million if you don't pay state tax.

You may be right, BUT Saturday drawing has a three-day run-up vs. two days for Monday and Wednesday drawings.
Also, blue collar payday is Friday.
Mega is very low due to recent winner.

Go to any store on Friday and Saturday that sells tickets, will be a frenzy, more buyers and in larger ticket quantities.

I used 63% of lump sum for net, they only withhold 25% of cash prize, you pay remainder when you file.

[Onebadcad]

Now up to $1.3B, I agree $1.5B is a stretch, but think we will see $1.4+B by Saturday night