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You just won $1,000,000, US Dollars

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I will give 80% to my ex sugar babies who have allowed me to enter through their heavenly gates. The remaining 20% will be spent on acquiring new sugar babies. 

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  • Give her very little. Probably just a monthly amount. 20,000 baht a month.   I wouldnt tell her.   Buy 1 elite visa 2 condo in chiang mai      

  • Put the money in my bank account and not tell anyone about it.

  • A bit of everything - surely..... I have one daughter that would be knocking on my door in nano seconds with hands out and another new sad plight to "sell".....

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1 weekend blowout in pattaya. then use the rest to invest and start to swordfish. 

10 hours ago, KhunLA said:

Give -0-, help me spend, all oll of it.

 

First thing to buy ... wife visa to USA, FR, RU

... the Louvre

... Moscow, St Petersburg 

... USA NPs, living nomadic, see 'em all

Yes! before it all is  nuked !

Win 1 mill

You'd have 475k left after taxes

From some of the comments on the Forums. Quite a few would probably be constantly drunk everyday. 

Me to wife: Pack your bags....We've won the Lottery!

 

Wife to me: Why, where are we going?

 

Me to wife: I'm not.......You are!

Get a good financial accountant and lawyer.  You would be surprised who wants to sue you.

 

Keep a couple mil for myself and set up a charitable living trust with the rest of it.

To much gravey will just make you fat and die young.

Terrible title!!

I wish i had read the whole Op before I started ordering things online. ????

This kind of happened to me, one of my investments paid off very well and gave me a windfall.

 

So, I travel with Thai ladies. Took 2 to Singapore recently, went to Brazil with  a Thai lady for 3 months, today I go to Koh Lipe with 2 ladies.

 

No girlfriend, no wife. Life is good.

First,  are you living in U. S.  Same with GF or wife? 

To collect is that after  U.S. take the taxes? 

I wouldn't tell anyone and invest it all into crypto. Then go back to my normal life...

Partner and I don't have any financial worries so we would maybe buy another property, take a nice cruise, and do some more traveling with everything upgraded.

i would tell her to get lost .....  somethings come up and I need to take care of it.

It would all go towards children's education. One preparing for med school, one for law school and two still in undergrad.

 

Doubt there would be anything left after that.

 

 

On 7/29/2023 at 5:56 PM, OneMoreFarang said:

1m USD is a lot of money, but not enough to never work again - at least if we are not already old.

 

Personally I would do the same as always with gradual changes. I.e. go more often to good restaurants, buy some more tools, maybe a new bike, etc.

And for the gf: If she doesn't know about it, don't tell her. If she knows a lot of money is coming, give her what she thinks is "a lot of money", maybe 100,000 THB. 

    If it was 1 million dollars after taxes were paid I think you could live in a lower cost of living country like Thailand off the dividend interest if it was invested in dividend stocks paying around 5%.

12 minutes ago, newnative said:

    If it was 1 million dollars after taxes were paid I think you could live in a lower cost of living country like Thailand off the dividend interest if it was invested in dividend stocks paying around 5%.

$1M USD = ฿34,208,500

or 42.7 yrs @ ฿800k a year

or 85 yrs @ ฿400k a year

 

WOW ... no more use of agents

 

@ USA, $50k for 20 years.   How much more do people need to live on.

  • Author
1 hour ago, KhunLA said:

How much more do people need to live on.

The equation changes at some point from 'need' to 'want' 

Pay the government 25%. Pay off my daughter's school dept.  Then buy one ice cold beer with the rest.

12 minutes ago, 1FinickyOne said:

The equation changes at some point from 'need' to 'want' 

I've never needed more that $50k a yr in USA, or ฿400k in TH, and we live a very comfy lifestyle.  Want for nothing.

 

I do bring in about ฿1M a year now, and TBH, it's really hard to spend.  We save about half of it, without trying, and still live very comfy.

 

That's 3 newly built houses, and I'm on #5 new car in 20ish years.   I really don't know what people spend so much on. 

 

Alcohol & hookers ?

1 hour ago, KhunLA said:

$1M USD = ฿34,208,500

or 42.7 yrs @ ฿800k a year

or 85 yrs @ ฿400k a year

 

WOW ... no more use of agents

 

@ USA, $50k for 20 years.   How much more do people need to live on.

In Bangkok I pay about 300B for espresso for mf gf and me per day. That's about 10k per month or 120k per year. It adds up, and not just the coffee. ???? 

49 minutes ago, OneMoreFarang said:

In Bangkok I pay about 300B for espresso for mf gf and me per day. That's about 10k per month or 120k per year. It adds up, and not just the coffee. ???? 

Yikes ... my morning 200ml of coffee (Americano, using 50gr of Arabica) cost <30 baht, and as good or better than most shops.   And ... don't need to travel to have it.

 

Day I spend 100 baht for a cup of coffee, shoot my butt ????

  • Author
2 hours ago, KhunLA said:

I really don't know what people spend so much on. 

Many spend on increased comfort, whatever that might be... my college roommate who was very successful flies private now, though it took him a couple of years to admit it... sure, it would not feel worthwhile for near everyone, but he has so much, he is not going to run out of money, so, why not? 

 

My curiosity is, what would increased comfort be for others? 

 

Personally, as a lifetime saver/investor, I have trouble adjusting to being a spender. Any extravagance rarely seems worth the price. I did buy a nice resort style home which has probably doubled in 4 years... 

On 7/29/2023 at 9:10 AM, KhunLA said:

Moscow, St Petersburg

Not Kiev or Odessa.

16 minutes ago, 1FinickyOne said:

My curiosity is, what would increased comfort be for others? 

 

Personally, as a lifetime saver/investor, I have trouble adjusting to being a spender. Any extravagance rarely seems worth the price. I did buy a nice resort style home which has probably doubled in 4 years... 

Yea, I'm not the frivolous shopper myself.  My houses here have been custom built for me.  Don't think I need or want a more comfortable cars.  Both far from expensive.

 

Toys ... I thought ฿70k / $2k USD was a silly price for a camera lens, but turned out to be worth every baht.  They offer a better one for $13k USD ???? that actually has limitations to it ????

 

My friends use to think my dining out budget in the USA was silly, or holiday/diving priority over working 5 days a week, but I didn't have kids, so no real budget concerns.

 

To spend $1M in 10-20 years, I'd have to be a bit frivolous with spending, especially if it was extra, and still had my pittance of an income ????

16 minutes ago, AgMech Cowboy said:

The wife gets half. End of story.

Nah ... mine mine mine ????

2 hours ago, KhunLA said:

Yikes ... my morning 200ml of coffee (Americano, using 50gr of Arabica) cost <30 baht, and as good or better than most shops.   And ... don't need to travel to have it.

 

Day I spend 100 baht for a cup of coffee, shoot my butt ????

Americano is a lot of water with coffee taste. 

Nuff said.

On 7/29/2023 at 7:52 PM, LaosLover said:

That's what I'm saying, at a certain point, it's not "what a waste", it's how can I waste more?

 

See also: BS high end whiskey like Johnny Walker Blue Label. The people paying $220 for a bottle of whiskey are mad that they're not drinking a $1000 whiskey. They can only drink so much in a lifetime; be gone swill!! The people drinking Johnny Walker Blue are successful dentists, not true VIP's. 

 

Thrift alert: JW-Blue is only $160 in Vientiane.

 

Johnny Walker is a blended whisky, streets away from a single malt prestige whisky.

A Scots millionaire who owned a distillery attempted to educate me in the finest whiskies he had. Regrettably, I have plebeian tastes in that area, he visibly shuddered when I said i usually drank whisky with coke. Laphroiag and Glenfiddich, according to him, were middle range commercial whiskies.

For those who would like to know how to drink whisky as it should be done. pour one dram, add one drop of water to release the bouquet. Ice is a no-no. Sip slowly.

7 hours ago, wombat said:

Win 1 mill

You'd have 475k left after taxes

Not exactly.

 

You win 1 million but.....................that would be the starting number (before taxes) if you chose annuity payments.  If you decide to accept a lump sum, you would cut that in half.

 

Now you have half a million as a lump sum.

 

Then the goobermint takes their fair share, at the top end that would be 37%.

 

But you're not done yet, depending on your state of residence.  Several states also want a cut of that juicy payout.

 

Residents of Arizona get to take home about 300K.

https://www.omnicalculator.com/finance/lottery-tax

 

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