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MB couple win $50 Million in LotoMax

+16
death128
eViL tRoLl
SMW
anny
rosencrentz
Bartron
holly golightly
AGEsAces
Freeman
grumpy old man
Miz point
St Norberter
eastsider
Goth_chic
Deank
Triniman
20 posters

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1MB couple win $50 Million in LotoMax Empty MB couple win $50 Million in LotoMax Sun Nov 08, 2009 9:01 pm

Triniman

Triniman
general-contributor
general-contributor

A couple from Sagkeeng, near Pine Falls, were the winners of $50M in Friday's Loto Max draw.

The Fontaines are to be congratulated for their win and will soon discover how many more relatives they have!

2MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Sun Nov 08, 2009 9:21 pm

Deank

Deank
contributor eminence
contributor eminence

cool

3MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Sun Nov 08, 2009 9:33 pm

Goth_chic

Goth_chic
uber-contributor
uber-contributor

Triniman wrote:A couple from Sagkeeng, near Pine Falls, were the winners of $50M in Friday's Loto Max draw.

The Fontaines are to be congratulated for their win and will soon discover how many more relatives they have!

I'm sure they already know about 100 of their immediate family....many more will come out of the woodwork and something tells me the money will be gone in about 10 years if that. But congrats to them!

4MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Sun Nov 08, 2009 9:43 pm

Guest

Anonymous
Guest

Party on the reserve tonight , or tommorow . Probaly right gone in ten years .

5MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Sun Nov 08, 2009 11:33 pm

eastsider

eastsider
contributor plus
contributor plus

Am I the only one here that has never bought a 649 ticket? With the lucky MB winners lately maybe I should try my luck!

6MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Sun Nov 08, 2009 11:35 pm

Deank

Deank
contributor eminence
contributor eminence

Pavolo wrote:Party on the reserve tonight , or tommorow . Probaly right gone in ten years .

there would be one hell of a fuckin party at my house if I won, pretty sure police would end up being called too.... so I dont see why it should be any different for anyone winning.

7MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:44 am

Guest

Anonymous
Guest

The money will be gone in less than 3 years.

8MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 1:25 am

St Norberter

St Norberter
major-contributor
major-contributor

I'm always astounded hearing the stories about people who win large amoutns of $$ and then blowing it all in a couple of years.
If I won $50 Million, I'd probably keep $20 Million to live off of and set the other $30 Million up as a charitiable endowment, which I would manage.
good on them though.

http://bgilchrist.wordpress.com/

9MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 2:22 am

Guest

Anonymous
Guest

St Norberter wrote:I'm always astounded hearing the stories about people who win large amoutns of $$ and then blowing it all in a couple of years.
If I won $50 Million, I'd probably keep $20 Million to live off of and set the other $30 Million up as a charitiable endowment, which I would manage.
good on them though.

I read somewhere that if you win the lottery, you are 10x more likely to become a drug addict, criminal, or commit suicide. I've also heard that almost 50% of lottery winners go broke in 5 years or sooner.

10MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 2:57 am

Miz point

Miz point
uber-contributor
uber-contributor

With that kind of filthy lucre I could really wreak havoc....muahahahahahahhah MB couple win $50 Million in LotoMax Icon_albino

http://www.granhotelflores.blogspot.com

11MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 9:18 am

grumpy old man

grumpy old man
administrator
administrator

Ummm, MizP, would you share with the sandbox??? Wink

12MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 11:02 am

Miz point

Miz point
uber-contributor
uber-contributor

Of course......

http://www.granhotelflores.blogspot.com

13MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 11:04 am

Miz point

Miz point
uber-contributor
uber-contributor

HurtinAlbertan wrote:
St Norberter wrote:I'm always astounded hearing the stories about people who win large amoutns of $$ and then blowing it all in a couple of years.
If I won $50 Million, I'd probably keep $20 Million to live off of and set the other $30 Million up as a charitiable endowment, which I would manage.
good on them though.

I read somewhere that if you win the lottery, you are 10x more likely to become a drug addict, criminal, or commit suicide. I've also heard that almost 50% of lottery winners go broke in 5 years or sooner.

That happens to those who lack imagination, experience or education......as to me? I would RULE!! awesome.

http://www.granhotelflores.blogspot.com

14MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 11:16 am

Goth_chic

Goth_chic
uber-contributor
uber-contributor

If I won a big sum of money I would help out family and friends, invest, open up a no kill animal shelter and travel the world with my family.

15MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 11:32 am

Deank

Deank
contributor eminence
contributor eminence

I would build myself an indoor ice rink, indoor pool, indoor gym/track (perhaps around the ice rink). I would include a greenhouse as well. For kicks.. I might just build it all underground.

16MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 11:34 am

Triniman

Triniman
general-contributor
general-contributor

Goth_chic wrote:If I won a big sum of money I would help out family and friends, invest, open up a no kill animal shelter and travel the world with my family.
Would you take the kids out of school?

17MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:12 pm

Goth_chic

Goth_chic
uber-contributor
uber-contributor

Triniman wrote:
Goth_chic wrote:If I won a big sum of money I would help out family and friends, invest, open up a no kill animal shelter and travel the world with my family.
Would you take the kids out of school?

My kids aren't in school yet. So if I would've won that 50 mill I wouldn't have to worry about taking them out of school.

18MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:25 pm

Miz point

Miz point
uber-contributor
uber-contributor

With that kind of money you could hire private tutors, travel and show the children the world.....wow.....that is truly one of the best gifts to give, the gift of intellectual and creative freedom without worry.

http://www.granhotelflores.blogspot.com

19MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:25 pm

Freeman

Freeman
uber-contributor
uber-contributor

One can only imagine what it would be like to have that kind of money. I hope that I would have the sense to have at least half of it locked up so that I could only access the income and maintain the principal.

Apart from new house, the usual toys, extravagant vacations, etc, I'd be looking at building a soccer complex, complete with indoor fields and artificial turf on outdoor lighted fields.

BTW, I don't think that I ever shared with you that my full name is Freeman Fontaine. MB couple win $50 Million in LotoMax Icon_smile

20MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:27 pm

Deank

Deank
contributor eminence
contributor eminence

"I hope that I would have the sense to have at least half of it locked up so that I could only access the income and maintain the principal. "

the part that scares me about that is where would you lock it up that it can be "safe"?

banks, credit unions, invesment companies, major stock traded companies. All have tanked in some way over the last few years. Even people who held multiple investments across a wide variety have been farked up the arse.

21MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:32 pm

Guest

Anonymous
Guest

Invest in mattresses.

22MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:33 pm

Freeman

Freeman
uber-contributor
uber-contributor

What I'm referring to is some form of irrevocable trust that you put in place even before you even pick up the winnings. Obviously, you'd need a lawyer and a money manager that you trust. (Is that an oxymoron?)

Even $10,000,000 at 2% is 200,000 per year. While that maybe poverty, you cold still afford steak once a week.

23MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:35 pm

Miz point

Miz point
uber-contributor
uber-contributor

Deank wrote:"I hope that I would have the sense to have at least half of it locked up so that I could only access the income and maintain the principal. "

the part that scares me about that is where would you lock it up that it can be "safe"?

banks, credit unions, invesment companies, major stock traded companies. All have tanked in some way over the last few years. Even people who held multiple investments across a wide variety have been farked up the arse.

Not in Canada?? Bank and investment company closures - much bigger issue south of us. As to winning that kind of cash you put it into a trust.....that money could be sustained, managed and grown for generations.

http://www.granhotelflores.blogspot.com

24MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:35 pm

Freeman

Freeman
uber-contributor
uber-contributor

Trust companies and the like have trust accounts (custodianships, if I recall correctly) for people who have a diminished capacity. I think most sandboxers would qualify.

25MB couple win $50 Million in LotoMax Empty Re: MB couple win $50 Million in LotoMax Mon Nov 09, 2009 12:37 pm

Deank

Deank
contributor eminence
contributor eminence

Perhaps get a life sized gold statue of yourself made.. and coat it in bronze or someother such material where people will just think its some cheap material.
Statue would be damn close to impossible to steal because of the enormous weight, and if times ever got tough you could just cut off fingers and toes and such.

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