50k for life or 650,000 before taxes?

[G_Thang]

How about take the 325K, buy a decent house then open a business with the rest? A decent car? Nothing crazy. You can get a perfect start in a new life.

this might work in Romania but most businesses FAIL in america.  he'd do better following disco's advice.  

[Cleanest Natural]

this might work in Romania but most businesses FAIL in america.  he'd do better following disco's advice.  

you fail at basic ESL english Mr Warren G Buffet

[macos]

You do have some real big dealers back in Romania.

[Cleanest Natural]

You do have some real big dealers back in Romania.

I am not sure what you are implying. You keep talking about dealing roids and stuff .. we were talking about investing a lottery win.

[phreak]

How about take the 325K, buy a decent house then open a business with the rest? A decent car? Nothing crazy. You can get a perfect start in a new life.

I'd get a decent house with property somewhere serene or more secluded, a reliable car, a decent truck, all things one needs, and would open up at least one business. It'd be good capital to have.

Exactly. I'd open up a damn McDonald's franchise. Around here there's never been one that didn't turn a nice profit.

[Novena]

Keep your job, take half of the 3,200 per month and put it in a Fidelity Mutual Fund, say Fidelity Magelland.

[Rascal full]

Take the full amount. Who knows what is round the corner....you might die, the fucking lotto company might stop paying you 50k a year.

Too many unknowns for me.

[ESFitness]

How about take the 325K, buy a decent house then open a business with the rest? A decent car? Nothing crazy. You can get a perfect start in a new life.

I'd get a decent house with property somewhere serene or more secluded, a reliable car, a decent truck, all things one needs, and would open up at least one business. It'd be good capital to have.

325k won't get you a house in many places in SoCal. lol... it'll get you a down payment, but then you gotta mortgage/insurance/ect.. of 1700 or so (for a 400-500k home).

I might actually take the lump sum. (and still buy $30k worth of kilo's of gear and pull in $500-800k. lol)

[Wolfox]

Lump sum for me. Lots of traveling to do. Exotic bitches to fuck. 

325k won't get you a house in many places in SoCal. lol... it'll get you a down payment, but then you gotta mortgage/insurance/ect.. of 1700 or so (for a 400-500k home).

I might actually take the lump sum. (and still buy $30k worth of kilo's of gear and pull in $500-800k. lol)

You might get lucky with a 2 bedroom 1 bath in compton.  

[Cleanest Natural]

325k won't get you a house in many places in SoCal. lol... it'll get you a down payment, but then you gotta mortgage/insurance/ect.. of 1700 or so (for a 400-500k home).

I might actually take the lump sum. (and still buy $30k worth of kilo's of gear and pull in $500-800k. lol)

150K will get you nice prperty and house in other areas .. I was not talking about so cal.. you take the money and move to where the property is

[ESFitness]

150K will get you nice prperty and house in other areas .. I was not talking about so cal.. you take the money and move to where the property is

location location location!

you couldn't pay me enough to move away from Southern Ca again.

[Pray_4_War]

At the divorce settlement all that you are left with is membership to planet fitness.

Lol, real talk right there.

[Cleanest Natural]

location location location!

you couldn't pay me enough to move away from Southern Ca again.

nobody is asking you to move anywhere... you are completely missing the point

[Henda]

Id take the lump sum.
Buy as many cheap rental properties as i can afford outright.

Thats just under 200000 in uk money.
Could get 6 properties in bad areas for that (as long as affordable to social tennants they will always rent)

Would bring about £2400/ $3900per month in rent and your initial investment will increase over time you own the properties.

[galeniko]

if you neevr had big money,take the 50k annually and keep your job


if not, most ppl will literaly blow it on stupid things in no time.

[hrspwr1]

50 K for life.  If the 1 time payout was 7 figures my answer would be different.

[MCWAY]

lotto winners

http://www.huffingtonpost.com/2014/01/14/jeremy-lockett-lotto_n_4596790.html?1389729648&ncid=webmail10

he'll blow the 325k in one year vs budgeting and investing the 50k (3,200 mthly) for years to come.

I'd take the 650K (350K-400K, after taxes, depending on the state where you live).

Buy a house CASH (that's the biggest expense of all), put some away for college for my little ones (but will take it back, if they get full-rides like dear ol' Dad  ). Give my wife $10K to splurge and blow about $5K myself.

Of course, I'd move back to Florida: No state taxes, real estate is cheap, weather is great for the most part. Who needs California?