28-11-2012, 15:38
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no bag, vex only, final destination
AKA: Pinecone
 FRC #0228 (GUS Robotics); FRC #2170 (Titanium Tomahawks) Team Role: Mentor
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Join Date: Dec 2008
Rookie Year: 2006
Location: Glastonbury, CT
Posts: 7,720
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Re: Powerball!
First, I'd take the $360 million lump sum. Between inflation and investment, it would be much safer. Even after taxes (let's assume 50%) that's still $180 million.
I would set aside enough of the money so that I could live off interest indefinitely. Even a 2-3% interest rate on $50 million is still PLENTY to live on. Maybe $30 million more as a "touchable" fund to buy large things (a house, a car, etc).
With the remaining $100 million, I'd pay for school and start a small engineering related business once I graduate. Plenty of funding for a robotics team, of course.
Of course, I would never buy a lottery ticket.
__________________
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College Mentor: 2791 (2010-2015)
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2791 Build Season Photo Gallery - Look here for mechanism photos My Robotics Blog (Updated April 11 2014)
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