20 year old Florida man wins $451m powerball

TarponatorTarponator Under a BridgePosts: 9,410 Admiral
20-year-old claims $451 million jackpot, hopes to 'do some good for humanity'

The $451 million mystery is over.

A 20-year-old Florida man claimed the fourth-largest jackpot in Mega Millions lottery history, lotto officials confirmed.

Shane Missler, of Port Richey, was the lone winner of the Jan. 5 jackpot. He elected to take a lump sum payout of $281.2 million, officials said.

Missler plans on pursuing a "variety of passions," according to the Florida lottery, as well as helping others.


Read/see more here: https://www.yahoo.com/gma/20-old-claims-451-million-jackpot-hopes-good-193005809--abc-news-topstories.html


If you were Shane, what would you do?

I'm not sure.....
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Replies

  • Soda PopinskiSoda Popinski GrovelandPosts: 7,421 Admiral
    He's going to spend it on tide pods and end up overdosing.
    People use statistics the way a drunk uses a street light, for support rather than illumination.
  • mplspugmplspug Lake Mary, FloridaPosts: 5,727 Admiral
    Port Richey? He's definitely going to overdose on something.

    Captain Todd Approves

  • hatcityhatcity Posts: 2,868 Captain
    lump sum? at his age, he'll be broke by 2025
    I was not born stupid, just had lots of practice
  • BibBib Posts: 2,356 Captain
    hatcity wrote: »
    lump sum? at his age, he'll be broke by 2025

    was gonna say, he needs a better financial advisor.
  • ncdeadncdead Posts: 536 Officer
    200 and 81 million...Jesus, man, paltry sum. Who the hell can get by on that? Hope he spreads it around and doesn't kill himself....thats my lotto ticket btw. Sob stole it from while we were drinking.....tricked me...sneaky ****.
  • King_MeKing_Me Posts: 5,169 Admiral
    I give him 5 years before his demise.
  • Mister-JrMister-Jr Posts: 26,135 AG
    Tarponator wrote: »
    20-year-old claims $451 million jackpot, hopes to 'do some good for humanity'

    The $451 million mystery is over.

    A 20-year-old Florida man claimed the fourth-largest jackpot in Mega Millions lottery history, lotto officials confirmed.

    Shane Missler, of Port Richey, was the lone winner of the Jan. 5 jackpot. He elected to take a lump sum payout of $281.2 million, officials said.

    Missler plans on pursuing a "variety of passions," according to the Florida lottery, as well as helping others.


    Read/see more here: https://www.yahoo.com/gma/20-old-claims-451-million-jackpot-hopes-good-193005809--abc-news-topstories.html


    If you were Shane, what would you do?

    I'm not sure.....

    Me either, I don't want anything.
    Vote for the other candidate
  • stc1993stc1993 Albany, GA Carrabelle, FLPosts: 4,350 Captain
    I'd at least buy me a nice cabin cruiser type fishing boat.
  • mplspugmplspug Lake Mary, FloridaPosts: 5,727 Admiral
    I say in 5 years he doubles his money!

    Sent from my SM-G935V using Tapatalk

    Captain Todd Approves

  • HeatwaveHeatwave Posts: 1,958 Captain
    Be glad I didnt win it, had I, would buy this site and jettison ULTRA conservatives !
  • LuckyMrSwLuckyMrSw Posts: 3,208 Captain
    Heatwave wrote: »
    Be glad I didnt win it, had I, would buy this site and jettison ULTRA conservatives !

    :cry
    Please stop derailing my thread.
    `Forum Moderator`

    Don't call each other names
    `Same Forum Moderator`
  • Mackeral SnatcherMackeral Snatcher Posts: 10,378 AG
    Hookers and blow.
    Lots and lots of hookers and blow.
    THERE SHOULD BE NO COMMERCIAL FISHING ALLOWED FOR ANY SPECIES THAT IS CONSIDERED OVERFISHED.
  • mustang190mustang190 Posts: 8,893 Admiral
    His first mistake was identifying himself.
    He will be broke in a few years.
    2013 Pathfinder 22 TE , 150 Yamaha,
  • hatcityhatcity Posts: 2,868 Captain
    mustang190 wrote: »
    His first mistake was identifying himself.
    He will be broke in a few years.

    Unfortunately, Florida "requires" you to ID yourself

    BUT, he could start a trust so he has little access to it all.

    Missler is my late mothers name
    COUSIN!!!!!!!
    I was not born stupid, just had lots of practice
  • Flats2blueFlats2blue Posts: 214 Deckhand
    As the late, great Tug McGraw said after signing a big baseball contract: "Ninety percent I'll spend on good times, women and Irish Whiskey. The other ten percent I'll probably waste."

    Just seeing what this young man said in his statement it appears he has his head on straight and has professionals helping him with the money. I wish him all the best and that he spreads the money to those in need, but wisely.

    Mark
  • gandrfabgandrfab Posts: 19,979 AG
    Hookers and blow.
    Lots and lots of hookers and blow.

    So you are good for one day.
    :BUNNY gestapo

  • haydenfox!#$haydenfox!#$ Posts: 2,346 Captain
    What are the alternatives to a lump sum payout that make more sense?
  • MonelloMonello Posts: 46 Greenhorn
    mplspug wrote: »
    I say in 5 years he doubles his money!

    That's quite optimistic. If he can invest and not have to touch the principle for 5 years, then he's doing well.
  • mplspugmplspug Lake Mary, FloridaPosts: 5,727 Admiral
    I was being a little sarcastic, but I do hope in 5 years he's got just as much as he won.

    Sent from my SM-G935V using Tapatalk

    Captain Todd Approves

  • hatcityhatcity Posts: 2,868 Captain
    What are the alternatives to a lump sum payout that make more sense?

    The $450 million is based on a 20 or 30 year payout.
    he lost almost half the value by taking lump.

    I think I could last on $15 mil./year
    I was not born stupid, just had lots of practice
  • Reptile DysfunctionReptile Dysfunction LP - Edge of the Known UniversePosts: 3,009 Captain
    hatcity wrote: »
    The $450 million is based on a 20 or 30 year payout.
    he lost almost half the value by taking lump.

    I think I could last on $15 mil./year

    If the $15 million a year doesn't work out, call J. G. Wentworth, 877 Cash Now, and let them fleece you.
    "If you think health care is expensive now, wait until you see what it costs when it's free" - P. J. O'Rourke
  • navigator2navigator2 Posts: 22,395 AG
    hatcity wrote: »
    The $450 million is based on a 20 or 30 year payout.
    he lost almost half the value by taking lump.

    I think I could last on $15 mil./year

    Meh. Best to take the lump sum and run. Invest wisely and easily triple the stated amount over time.At his age, that's worse case. Besides, take the tax hit in this new climate, and guarantee some azzhat like Bernie Sanders can't take it away from you later on future installments. Winning!
    [SIGPIC][/SIGPIC]
  • Flats2blueFlats2blue Posts: 214 Deckhand
    Assuming the $281.2m is taxed at the top rate of 37% he has approximately $177m to invest. At a return of 4% (after taxes) that means it spins off $19,400 a day. Probably could live very well off the interest. ;)

    Wishing him and his family well.
  • Mackeral SnatcherMackeral Snatcher Posts: 10,378 AG
    Flats2blue wrote: »
    Assuming the $281.2m is taxed at the top rate of 37% he has approximately $177m to invest. At a return of 4% (after taxes) that means it spins off $19,400 a day. Probably could live very well off the interest. ;)

    Wishing him and his family well.[/QUOTE]

    Yep, hope he doesn't blow it.
    I'd give my left nut to be in his position.
    THERE SHOULD BE NO COMMERCIAL FISHING ALLOWED FOR ANY SPECIES THAT IS CONSIDERED OVERFISHED.
  • jcbcpajcbcpa Posts: 1,418 Officer
    Flats2blue wrote: »
    Assuming the $281.2m is taxed at the top rate of 37% he has approximately $177m to invest. At a return of 4% (after taxes) that means it spins off $19,400 a day. Probably could live very well off the interest. ;)

    Wishing him and his family well.[/QUOTE]

    Yep, hope he doesn't blow it.
    I'd give my left nut to be in his position.
    I think the 281 mil is his after tax. His winnings were 451 mil per the op.

    Sent from my SM-G930V using Tapatalk
    The intelligent man finds almost everything ridiculous, the sensible man hardly anything.
    Johann Wolfgang von Goethe
  • stc1993stc1993 Albany, GA Carrabelle, FLPosts: 4,350 Captain
    They include the estimated 30 yr interest in the total amount. There never was any $451 million.
  • navigator2navigator2 Posts: 22,395 AG
    stc1993 wrote: »
    They include the estimated 30 yr interest in the total amount. There never was any $451 million.

    This. The 281 is the PV of 451. Lotteries be pimpin numbers, yo! Even still..................:hairraiser
    [SIGPIC][/SIGPIC]
  • Mango ManMango Man Posts: 11,000 AG
    Hookers and blow.
    Lots and lots of hookers and blow.
    You're to **** old. You'd be dead in a week. But, with a huge smile on your face. :grin


    America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves.
    Abraham Lincoln
  • Gary SGary S Posts: 610 Officer
    Wonder if he needs a new favorite uncle to hang with.
  • gandrfabgandrfab Posts: 19,979 AG
    Yep, hope he doesn't blow it.
    I'd give my left nut to be in his position.

    I read you can sell your nut I think it was 35 to 38K a nut.
    GNSL
    :BUNNY gestapo

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