Since my wife and I are going to win the $540 million dollar Mega-Millions lottery tonight, it is possible that this will be my last post for a while. After all, I’ll be spending a lot of time talking to lawyers, accountants and long-lost relatives.
Therefore let the last stretch be an easy one … fantasize about what you would have done with the money if you’d won. (My stretch, on the other hand, will be realistic planning.)
This evening, my wife and I—after our winning numbers have been drawn—will probably scream our selves hoarse … and then cry ourselves dry. After that’s out of the way, we’ll talk about whether to take the $540 mil as a lump sum ( about $359 million before taxes ) or settle for almost $21 million a year for the next 26 years. It’s likely we’ll take the lump sum so we can find out what it’s like to burn through that much money in record time, like many past winners have done.
Once that’s done, we’ll work on the obligatory list of all the causes and charities we’ll want to fund. I’m fifty-five and forgetful already, so the Alzheimer’s Association will probably get a big chunk.
Then, until dawn the next morning—since there is no way I’m sleeping tonight—I’ll be planning the Ultimate Writers and Runners Retreat.
First, I’ll search the internet for a small piece of land in the Rocky Mountain region, something in the 50,000 – 500,000 acre range. This one’s a bit small and it’s in Canada, but it gives you the general idea.
After I’ve found the right property, I’ll start planning the loops of running and biking trails that will run through the property. They’ll be from a few miles up to ultramarathon length … and all within the borders of my runner’s retreat. We’ll have a guest house big enough to fit thirty or forty of our closest running friends; we don’t actually have that many close friends, but I’m sure that will change. And I’m figuring on putting a few small cabins around the most picturesque locations where inspired writing will take place.
I’ll need a private air strip so I can fly in my grandkids (yes, mom and dad, you can come, too), as well as the runners and writers I’ll invite. On occasion, my wife and I might use the jet to visit all the most beautiful, remote places in the world and see how they compare to the paradise that sprang from our lottery winnings.
That’s all the planning I can do right now. Figuring how to spend my winnings is going to take so much time I better use the rest of the day to clear my schedule.