Muscatine

220 million

Posted in: Muscatine
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  • nedl
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  • Muscabamastan
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No one has won the powerball drawing yet. It will be an estimated 220 million on Wednesday. A nice hunk of change to play with. What would you do with that kind of money?
After a lump sum payout and taxes you would have about $85,611,430.00. In my case, I would evenly divide that 9 ways. Much of my share I would enjoy donating to different charities. If I were younger and healthier I might not be that generous. It's fun and cheap to dream though.

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  • nigel
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I'd buy the Coors Brewery. 

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  • opinionated
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My question isn't how would you spend it, my question is what would you do with it?  Would you put the money into banks that are having so much problems with solvency?  Would you buy gold or silver which right now is at it's highest prices ever?  Would you buy treasury bonds with the goverment now being downgraded.  Where would you put your money?  Real estate was once a good return but I am not so sure today.  If I did win the money I don't know what I would do with it.  Probably give most of it to charity and let them worry about it.  Maybe I would buy out the Neighborhood Link bar, that seems to be a little money maker.  My luck Nedl would die and there would go all those profits.

I'll drink to that...

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