No Doubt this is life changing… but for many folks so would 1 Million and for most folks 10 million.
Would 130 Ten Million Dollar Winners be an improvement?
OK less sexy? Of course less taxes would be collected… is that really the goal?
Granted you could do a lot of good with this amount… but History shows most is spent stupidly.
I get enough call to give to everything from the Police to Vets to Abortion (either for or against). Can you imagine the calls if you won over a Billion?
Would you like to be the winner of a Billion. I would gladly be one of 130 winning 10 Million.
I almost never buy a lottery ticket, but I would be much more likely to play if there were 1300 $1Million prizes. In fact, they could pay 650 $1Million and keep the other $650Million, and I would still be more likely to play, expected value notwithstanding.
The key is you need to remain anonymous in the public records. With this amount of money you would setup a Family Office and own everything in Trusts. Gifts would be made through Donor Advised Funds.
