What Would You Do With $325 Million?

Leave a comment below to tell us what you would do if you won Saturday's Powerball jackpot.

What would you do with $325 million?

That’s the question this week as the Powerball jackpot for Saturday has climbed to $325 million—the fourth-highest total in the lottery game’s history.

Powerball is played in 42 states, including Michigan, along with Washington, D.C., and the Virgin Islands.

Michigan residents have until 10 p.m. Saturday to buy a Powerball ticket from a lottery retailer and enter the drawing, which will take place at 10:59 p.m.

Do you plan to buy a Powerball ticket? More importantly, what would you do with all the money if you won?

Leave a comment below to let us know what you think.

Jimmy November 24, 2012 at 11:55 AM
First, I would hire a tax attorney (or two). Then a well-respected accounting firm. I would use both to set up a foundation to administer the proceeds for charitable giving and personal and family spending. And oh yes, I'd buy me a Corvette.
BetteJo Jones November 24, 2012 at 01:28 PM
Stop worrying, and find someone else to clean my house!
Single Mommy Socks November 24, 2012 at 05:00 PM
If I won the Powerball money I would finally be able to take my dreams to reality!!!!! I want to open a Non-Profit Organization to help women and children who have survived Domestic Violence and are transitioning out of abusive situations. Many times women leave an abusive situation with just their children and the clothes on thier backs and they need help with the many things in life that we take for granted such as personal hygiene products and a change of clothes... not to mention diapers, wipes, blankets and a teddy bear or doll. These woman and children have a long road in front of them and many of them have been isolated, (as that is rule #1 in the abuser's handbook) and many don't have family left that empathize (as that is also the abuser's agenda... to turn her family against her...isolation). My dream is to be a beacon in the community and help as many woman and children as we as a community can!!!! Abuse doesn't have an economical status.... BELIEVE ME... it does happen in your neighborhood! Please visit my Facebook page... it is a new page. I am not asking for donations of anykind. I am just trying to get the word out so by the time I get my Web Site finished, (It's just me so far.... but I dream BIG!) the name Single Mommy Socks will be out there!!!!!!! God Bless you this holiday season! ~ You are not a victim...be the statistic in being a survivor! http://www.facebook.com/mending.the.holes
Chad Bateman November 25, 2012 at 01:53 AM
I would make GP a gated community.
Mark November 25, 2012 at 01:04 PM
If it took mere money it would have been done by now.
John Hetzler (Editor) November 25, 2012 at 03:01 PM
No one matched all the numbers in Saturday's drawing, meaning the jackpot could grow to as high as $425 million, according to the Baltimore Sun: http://www.baltimoresun.com/news/maryland/bs-md-powerball-1126-20121125,0,5141637.story
Rich November 25, 2012 at 03:50 PM
Well then, now it's finally worth me buy a ticket! The cash payout - after taxes - would leave 'only' around $100,000,000. I don't think that's enough to do much with (ha-ha-ha). I agree with most of the former comments about helping others truly in need. I just want to be able to live reasonably comfortable (and my kids too).
Megan November 26, 2012 at 12:57 AM
Exactly what I'd do!
LugNut November 26, 2012 at 02:50 PM
Rich; the cash option is $278.3 million before taxes. Assuming a top rate of 35%, the after tax payout would be about $180 million.
Gary LaPointe November 27, 2012 at 11:24 PM
I cannot fathom what I would do with all of that much money. A few things in mind. Some big checks to the shelters and crisis centers where I've volunteered. To schools where I've worked and attended. Personally, I love it in Costa Rica, I'd find a place for me to live during the cold months and sponsor more than few schools technologically (and in whatever other ways they say they needed things). I'm sure a few other foundations would be created too! None of my friends or relatives would have to worry about college or technology for their kids. Big extended family vacations every few years. I can't imagine that most of that would even begin to touch the interest from that much money...


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