• The KillerFrogs

Powerball Winnings

Stiff Arm Frog

Active Member
QUOTE(Ilikefootballalot @ Apr 7 2010, 12:33 PM) [snapback]541730[/snapback]
officespace_lawrence.jpg


"I tell you what I'd do..."


+1!
 

steelfrog

Tier 1
QUOTE(Frog_Fan71 @ Apr 7 2010, 05:35 PM) [snapback]541733[/snapback]
By my calculations, it would be $78 mil that you would get if it was taxed at 38%.

I would pay my small debts. Get a modest home for my kids and I. A new car (a Honda maybe) nothing fancy. (Total of $300k)

500k for each kid (2) for the college of their choice (preferably TCU).

$5M per kid (2) for a trust fund

$15M gift to TCU for personal reasons made known previously in another thread.

$10M to a children's charity

Total: $31.3M

Is there no time value of money in your world? Can I have a loan?
 

steelfrog

Tier 1
QUOTE(Zebra Frog @ Apr 7 2010, 08:07 PM) [snapback]541809[/snapback]
In an effort to be serious, which is unusual for this place:

1. Buy a new house. The one my wife and I live in is nice enough, but she deserves better.

2. Take her to Spain. Upon graduation, she had a fellowship to go there and study, but opted to marry me instead. She should have gone to Spain. I promised her I would take her someday, but it's been 40 years and I haven't.

3. Quit work. I will be 63 next week, and I'm tired of the grind, but if anybody needs a mortgage, especially if you are a physician, lawyer, dentist, oral surgeon, or CPA, give me a call!

4. Donate enough to TCU to cover the cost of a golf scholarship every year. Since that's how I got through, it would be the least I could do.

5. Set my kids and grandkids up where they wouldn't have to work paycheck to paycheck like I do. But, they would still have to remain employed to receive the monthly stipend.

6. Give some to a church that we were charter members of in Carrollton. Our oldest was 3, my wife had mis-carried with our second, got pregnant again, and after 6 months was confined to the house. The only way I could pay the Dr. was to work every night officiating football, then basketball. The people of the church brought her lunch and dinner every day, and even sometimes cleaned the house for us. The baby ended up being a week late. God bless Holy Covenant Methodist Church, and the pastor at the time, Jack Soper.

7. Get a new car. I'm currently driving a 2000 Saturn with 150,000 miles on it. One of these days, it will just quit, and then I don't know what I will do.

8. Start playing a little more golf. Haven't been able to afford it the past few years.

9. Try and set up a fund that will help other mortgage loan officers that have fallen on hard times. Maybe not give them money directly, but pay for some advertising for them to help generate loans which will enable them to get back on their feet. If they bring in loans, it keeps processors, underwriters, and closers from being laid off as well.

10. Open up a hamburger joint called Billy Bob's Burgers, featuring char-broiled burgers, hot dogs, and french fries that aren't frozen pieces of crap, but real potatos. Try to find a way to copy the Bacon-burger from Carlson's from 40 years ago.

Zebra--see, now here's the value of every now and then mentioning what you do. The wife and I are looking into moving within the metroplex, and will need a new mortgage. I am definitely coming to you, Buddy. Do you still have that product for professionals?
 

steelfrog

Tier 1
Oh, and in answer to the question:

1. I would get a house, paid off, wherever the wife says.

2. Would fully fund each of the kids' higher education funds.

3. Would fund each of the girls' fund for a wedding (this won't be much).

4. The rest would go into a charity to help disadvantaged/adused kids, facilitating adoptions and taking them on Outward Bound style trips into the mountains. Also, I myself would adopt many kids.

Sorry--none to TCU. Not a big fan of funnelling money to these schools that have billion dollar endowments, and spend, in some schools' cases, nearly a hundred million a year on a fricking football team. Also, Harvard has something like a hundred billion endowment. It's obscene. Catholic church is the same.
 

weklfrog

New Member
About 10 years ago, when we were working out of the "trailers" on campus, located about where the Tucker Technology Center now is, my first expenditure after winning a substantial lottery would have been to buy the institute a new building, put my name etched in stone over the door, and never ever set foot in it. But then the old Colonial Cafeteria at Berry and Sandage closed, TCU bought the building and remodeled it into an office building and moved us into it. So that'll save me some money after I win.

I would buy a house in town but not sure which town since I don't think I would be working anymore, and a place in the country. Thought maybe a place in the mountains and near a seashore, but can always lease a decent place when I want to visit. Set up trust funds for my kids (although nothing extravagant since they still need to have meaningful careers) and especially for my oldest daughter who will never be able to independently take care of herself. Then invest enough to live comfortably for the rest of my days and put the rest into investments to fund a foundation to accept grants and give it away.
 

FroggyHeaven

New Member
QUOTE(weklfrog @ Apr 7 2010, 04:11 PM) [snapback]541837[/snapback]
About 10 years ago, when we were working out of the "trailers" on campus, located about where the Tucker Technology Center now is, my first expenditure after winning a substantial lottery would have been to buy the institute a new building, put my name etched in stone over the door, and never ever set foot in it. But then the old Colonial Cafeteria at Berry and Sandage closed, TCU bought the building and remodeled it into an office building and moved us into it. So that'll save me some money after I win.

I would buy a house in town but not sure which town since I don't think I would be working anymore, and a place in the country. Thought maybe a place in the mountains and near a seashore, but can always lease a decent place when I want to visit. Set up trust funds for my kids (although nothing extravagant since they still need to have meaningful careers) and especially for my oldest daughter who will never be able to independently take care of herself. Then invest enough to live comfortably for the rest of my days and put the rest into investments to fund a foundation to accept grants and give it away.



I would buy 4 tickets to the TCU-OSU game at Jerry's world. With the money I had left over, I could afford two beers and one pizza at the game.
 

joejordan

Member
I would take financial actions to help the Disciples of Christ denomination get back on more firm footing, and endow a domestic missionary fund through the DoC.

I would happily discuss the University's greatest need for $10MM +/-, in the family name. I would want to sit on this and get lots of long-term advice before acting, however.

I would buy every girl in my family (and all girls at TCU) a sweet pair of the boots at the top of the page.

I would provide private micro loans to entrepreneurs looking to start small enterprises.

There are also lots of other things I would do, but I don't buy lottery tickets.
 

FroggyHeaven

New Member
QUOTE(crunch @ Apr 7 2010, 04:33 PM) [snapback]541851[/snapback]
I would take financial actions to help the Disciples of Christ denomination get back on more firm footing, and endow a domestic missionary fund through the DoC.

I would happily discuss the University's greatest need for $10MM +/-, in the family name. I would want to sit on this and get lots of long-term advice before acting, however.

I would buy every girl in my family (and all girls at TCU) a sweet pair of the boots at the top of the page.

I would provide private micro loans to entrepreneurs looking to start small enterprises.

There are also lots of other things I would do, but I don't buy lottery tickets.


As a famous comedian once said, your odds of winning the lottery are the same whether you play or not.
 
I'd pay the Dallas Police Department to beat the ever-lovin-crap out of Steelfrog, and pay Ridley Scott to film it. Then I'd buy myself some popcorn and watch it.
 
QUOTE(steelfrog @ Apr 7 2010, 03:44 PM) [snapback]541824[/snapback]
Zebra--see, now here's the value of every now and then mentioning what you do. The wife and I are looking into moving within the metroplex, and will need a new mortgage. I am definitely coming to you, Buddy. Do you still have that product for professionals?

Yep. Since I know you are a lawyer, you can buy a house, assuming qualifications work, up to $1 million with No Down Payment, and No PMI, and the seller can pay every penny of your closing costs if they will. Move in for nothing! Higher loan amounts with minimal down payments for loans that size. Doing a loan now for a physician who is just getting out of residency for $800,000. Hasn't even started his job yet, but has signed contract that we can count as employment.
 

Frog_Fan71

Active Member
QUOTE(steelfrog @ Apr 7 2010, 03:41 PM) [snapback]541823[/snapback]
Is there no time value of money in your world? Can I have a loan?


I did not say that. I just know some things that others do not.
 

Endless Purple

Full Member
QUOTE(South Texas Frog @ Apr 7 2010, 12:44 PM) [snapback]541739[/snapback]
Men's Club is a joke. Go to Treasures...you'll never want to leave.


Recommend anyone in particular... I assume the WiFi is good enough to post easily from while there?
 

corpuschristifrog

Active Member
QUOTE(steelfrog @ Apr 7 2010, 02:51 PM) [snapback]541828[/snapback]
Oh, and in answer to the question:

3. Would fund each of the girls' fund for a wedding (this won't be much).



Ha! Dream on!
 

FeistyFrog

Sir FeistyFrog
My list:

1. Get a hovercraft
2. Penile implants
3. Knee replacement
4. Really white teeth
5. Hire my very own personal ball washer.
 

FroggyHeaven

New Member
QUOTE(FeistyFrog @ Apr 7 2010, 05:32 PM) [snapback]541874[/snapback]
My list:

1. Get a hovercraft
2. Penile implants
3. Knee replacement
4. Really white teeth
5. Hire my very own personal ball washer.



i was OK with everything except the "ballwasher".
 

TCUBetterThanYou

Active Member
QUOTE(South Texas Frog @ Apr 7 2010, 05:44 PM) [snapback]541739[/snapback]
Men's Club is a joke. Go to Treasures...you'll never want to leave.


STF, don't act like TMC wasn't our second home in Houston.
 

South Texas Frog

Active Member
QUOTE(TCUBetterThanYou @ Apr 7 2010, 05:58 PM) [snapback]541878[/snapback]
STF, don't act like TMC wasn't our second home in Houston.


Exactly...second to T-Rezzzzzz.
 

tcumaniac

Full Member
QUOTE(FroggyHeaven @ Apr 7 2010, 04:31 PM) [snapback]541850[/snapback]
I would buy 4 tickets to the TCU-OSU game at Jerry's world. With the money I had left over, I could afford two beers and one pizza at the game.

hahaha! sooo true... food at jerry world is outrageous
 
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