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What would you do with 314 million?


Neil D

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I know, I know...you don't believe in purchasing tickets for powerball and do the unpardonable sin of gambling.

But if, just if you 'accidently' did buy it, [ok, you outright purchased it because of your anti-authoritarian streak in you burn brightly when your close friend told you not to], what would you do with the money? Oh, and try to be as realistic as possible....that means, you only got half of the winnings due to taxes...and half of that, if you chose to be paid now, instead of installments...

Still no word from Powerball winner

Associated Press - August 27, 2007 9:44 AM ET

RICHMOND, Ind. (AP) - Hoosier Lottery officials are still waiting to hear from whoever purchased a Powerball ticket worth $314 million from a store in Richmond.

The winning numbers from Saturday's drawing were 2, 8, 23, 29, 35 and Powerball 19. The winning ticket was sold at a Speedway connivence store in Richmond, near the Indiana-Ohio line, about 70 miles east of Indianapolis. The store gets $100,000 for selling the ticket.

A regional manager for Speedway says store employees are wondering who bought the winning ticket.

Hoosier Lottery director Kathryn Densborn says a ticket matching 5 of the six numbers was also sold in the northwestern Indiana city of Munster and is worth $200,000.

Powerball is sold in 29 states, the District of Colombia and the Virgin Islands.

Democracy is a device that ensures we shall be governed no better than we deserve.

 

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I would certainly remain anonymous.

<p><span style="color:#0000FF;"><span style="font-weight:bold;"><span style="font-style:italic;">"Do not use harmful words, but only helpful words, the kind that build up and provide what is needed, so that what you say will do good to those who hear you."</span></span> Eph 4:29</span><br><br><img src="http://banners.wunderground.com/weathersticker/gizmotimetemp_both/US/OR/Fairview.gif" alt="Fairview.gif"> Fairview Or</p>

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In what way, Don? What would you do with it? Tell us!

Democracy is a device that ensures we shall be governed no better than we deserve.

 

George Bernard Shaw

 

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I think I would only be really happy if I could remain anonymous. of course, 10% to the church, 31.4 million would help our local church a lot. In the bank, the interest alone would pay the tuition for every student, anyone who wanted to attend could go. I also would pay for the tuition for anyone who wanted to go to my high school. I probably would also give a significant portion to the conference so they could disperse it to all the local churches, but my church and my elementery and academy would get first dibs.

The rest of the money would be set up in a trust fund/foundation to assist homeless people and kids, I want to buy a building with a simple sign in big letters, "Help", where people could come and get anything they wanted.

For myself, I always tell people I only want 3 things in life, and I am dead serious. A house, doesn't need to be a mansion, I would be fine with a small 2 bedroom house, or a townhouse. 2nd purchase is a car, doesn't have to be new, but probably would be, a BMW M3 or an Infiniti G35, plus a small truck or bucket to get around town/haul stuff. 3rd purchase is a big screen tv, probably that new Sharp 103" plasma TV. Well actually 2, I want one for my church for our annual Superbowl Sunday party in our youth room. Oh and I would join ADRA.

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Ask me again after I get it <g>.............. I would set up a charitable foundation and put my family "on the payroll" (to work with me)....I sure would have a ball traveling around the world incognito visiting missions and supplying funds where I knew they were going to be used wisely. I love to see "matching funds" at work....even if it is 'you put in $1 and I'll match it with $3.....Regards, Don

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In Canada you aren't allowed to remain anonymous. You agree to giving your name when you buy the ticket. However, because of the harrassment they are deciding to stop requiring the picture. There has to be some way to prove the money was actually won.

Also in Canada there's no tax on lottery winnings!!! Of course as soon as you spend it they end up getting the tax.

I would get out of debt right away, of course at least 10% to church help each of my 5 kids to have a suitable home and car. Invest some of it and use the interest to do what ever I wanted.

However, since I won't buy one I won't have that decision. It would change your life FOREVER maybe not for the best. There's no way you could carry on your life as it was before the winnings.

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One of the earliest Florida lottery winners picked up his winning ticket in a parking lot. I have been given tickets for Christmas by "well-meaning" non-Adventist businesses... One was a car dealer who gave five tickets just for "stopping by"... I do know a former "Colporteur" leader who won the Bolivian lottery. After he had returned the tithe on the amount won, he was fired and returned to his home in Chile where he opened up a nice little food stand. His mango milkshakes were the best I have ever had!

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Quote:
I do know a former "Colporteur" leader who won the Bolivian lottery. After he had returned the tithe on the amount won, he was fired

What a typical Adventist response...

"We believe the means by which you got that money was wrong, so we'll take the money and THEN we'll fire you."

If it was the Salvation Army, they wouldn't have taken the money. There was a similar case recently where the Salvation Army chose to miss out on hundreds of thousands of dollars rather than take the proceeds of gambling.

aldona

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Ok, since I started this thread, and since I have not made known what I would have done with my share of the winings.....here is a list of what I thought would work....

First off, of the 200 million, I would get only 50 million. Taxes would take the first half, and me being impatient, would tke what I could now.....

I would take 5 million and instead of giving it to the church in tithe, I would distribute it to local church congregations and schools...

I would place 500k in a retirement fund, and 100k each into retirement funds for my kids. Plus, I would buy a new car for each of them, and for me....I would pay off all my debts and probably all for my children as well...That would take 1 million total....

the rest would be used anonomyously...And yes Stan, you would have recieved a sizable chunk in your budget one year as well...

Democracy is a device that ensures we shall be governed no better than we deserve.

 

George Bernard Shaw

 

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And yes Stan, you would have recieved a sizable chunk in your budget one year as well...

Neil... you are clearly worthy of handling this kind of windfall :)

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Where do you want to go, Stan?

Flattery will get you anywhere you want.... ROFL

Democracy is a device that ensures we shall be governed no better than we deserve.

 

George Bernard Shaw

 

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Oh Wow! excited I would first pay off my debts, of course pay tithes, offerings to the church, and I would help my family by giving them some, and some to my close friends, and help others who are having a hard time and struggling and doing their best......and whoever or whatever the Lord impresses me to give it to.... heavysigh It's nice to dream!

Be Kindly affectioned one to another with brotherly love; in honour preferring one another...

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Aldona is quite right in her questions regarding the source of income:

1) Officially the denomination has a policy that it will not knowingly accept money derived from gamboling. Whether or not it is ever followed, I do not know.

2) Billy Graham would not have knowingly accepted such.

3) Yes, there are ethical issues in accepting money that came from gambelings and then disciplining the person who gave it.

4) What if I was given a gft of a lottery ticket that turned out to have won me a large sum of monney:

NOTE: This does happen.

a) If I refuse to accept the winnings, I am contributing to the earnings of those who are in the gambeling business, and in effect supporting them. I am making the business more profitable for them.

B) If I were to accept such a winning ticket, and its winnings, I probably would not pay tithe on it--See # 1 above. God does not need such earnings to finance His work.

c) I would. . .?

Gregory

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Quote:

it will not knowingly accept money derived from gamboling.

For some reason this typo tickled my fancy.

Graeme

Graeme

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Quote:

it will not knowingly accept money derived from gamboling.

For some reason this typo tickled my fancy.

Oh, yes! Gregory, please look up the meaning of gambol

bwink

Isaiah 32:17 And the work of righteousness shall be peace; and the effect of righteousness quietness and assurance for ever.

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- just trying to picture that

Isaiah 32:17 And the work of righteousness shall be peace; and the effect of righteousness quietness and assurance for ever.

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The winning ticket was sold at a Speedway

Quote:
connivence
store in Richmond,

Sounds lke you got it right, Niel. Remember the fruit in the garden of Eden?

"A faithful man shall abound with blessings: but he that maketh haste to be rich shall not be innocent." Proverbs 28:20 KJV

Regards! flower

Lift Jesus up!!

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I would certainly remain anonymous.

Oh, the wisdom of what living in this dark world gives. Do you really think you could live anonymously from that day forward? But then since we're thinking of a hypothetical situation you probably could, just as easy as Alice in wonderland went up the yellow brick road with the tin man and the straw. tomato

Regards! flower

Lift Jesus up!!

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Guest charis

LHC said:

Quote:
just as easy as Alice in wonderland went up the yellow brick road with the tin man and the straw.

You are mixing up Alice in Wonderland and Dorothy who was in the Wizard of Oz. Let's keep the facts straight in these delicate issues...

fallinghouseshz1.png

:)

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Quote:
I do know a former "Colporteur" leader who won the Bolivian lottery. After he had returned the tithe on the amount won, he was fired

What a typical Adventist response...

"We believe the means by which you got that money was wrong, so we'll take the money and THEN we'll fire you."

If it was the Salvation Army, they wouldn't have taken the money. There was a similar case recently where the Salvation Army chose to miss out on hundreds of thousands of dollars rather than take the proceeds of gambling.

aldona

This response is a very good example of whether, like Jesus, we believe in allowing others to make their own choices. While it does seem evident that Scripture would indicate the inadvisability of gambling, I'm not so sure of any sinfulness reflected in the scriptures except as it would influence others to give in to personal weakness. That reason alone is enough for me to refrain from gambling, not to mention my own weakness in that area, but God only holds me responsible for my behaviour and influence, not holding others sinful because of my perceptions.

On other behaviours where it seems far more clear as to the difference between right and wrong, perhaps words to the wise might be much more appropriate.

"A word fitly spoken is like apples of gold in pictures of silver." Proverbs 25:11 KJV

Regards! flower

Lift Jesus up!!

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Quote:

it will not knowingly accept money derived from gamboling.

For some reason this typo tickled my fancy.

Graeme

ROFL And some believe they are gamboling when they are gambling. Does that make it O.K.? ROFL

Lift Jesus up!!

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