Couple wins $90M jackpot, plans to buy a Subaru

"area man" (hurrburgring) 12/05/2014 at 15:40 • Filed to: None

2

36

So a nice middle-aged couple in Seattle has come forward this week to claim a $90 million Powerball jackpot, and once a lotto winner is revealed, of course, everyone always wants to know what they plan to do with all that cash. The Quams' plan? Pay off their debts, travel, and !!!error: Indecipherable SUB-paragraph formatting!!!

Now, I want to make it clear that I'm not making fun of the Quams for their quotidian choice - this is definitely preferable to them blowing it all on a stupid $80,000 custom pickup or financing their cousin's new chain of beauty salons or a pyramid scheme or wherever it is that irresponsible lotto winners usually throw all their money. Something tells me they will probably not be one of those cautionary tales.

But c'mon man. Over $56 million after taxes and you're just gonna buy a Forester?? At least buy three or four so you have some spares.

jkm7680 > area man 12/05/2014 at 15:42

0

Pretty humble, I'm pretty sure Daniel Tosh drives a Subaru and look where he is now.

Laird Andrew Neby Bradleigh > area man 12/05/2014 at 15:44

1

Well.. I'd buy a Lamborghini Islero, and a Ferrari 308, a Gilbern Invader MKIII, a Morgan 4/4 and an Audi S7. And a house in the Fulham area.

MontegoMan562 is a Capri RS Owner > area man 12/05/2014 at 15:45

4

I know 2 different lottery jackpot winners. (which is why i'll probably never win). I tell the story of the 2 directions they went often. Here it is:

Lottery family 1:

Family of 5 (so 3 kids). Builds a brand new 3 story mansion, buys a new car and truck (all I remember was one was a GMC 3500), and 36 foot power boat. (later upgrades it to 48 foot, god knows why)

Still working because, as a mechanic you can't maintain that lifestyle without at least SOME income

Lottery family 2:

Husband and wife (no kids) bought a reasonable nice house down near the jersey shore (didn't get nailed by hurricanes either) Bought a Volvo wagon. Never worked again. Except for the wife working part time at the GAP. Why? She was bored and likes the discount.

——

It's funny how people can go drastically different directions.

Nibbles > jkm7680 12/05/2014 at 15:47

3

An overpaid purveyor of off-color jokes and cat videos? Hell, I could do that

norskracer98-ExploringTheOutback > jkm7680 12/05/2014 at 15:47

1

Nah, he gave his away to a fan.

davesaddiction @ opposite-lock.com > area man 12/05/2014 at 15:48

3

We're goin' to Sizzler!

Tapas > norskracer98-ExploringTheOutback 12/05/2014 at 15:51

0

The money he got from that "content" far outweighs the value of said Subaru.

jkm7680 > norskracer98-ExploringTheOutback 12/05/2014 at 15:52

0

But who says he didn't buy a new one?

area man > davesaddiction @ opposite-lock.com 12/05/2014 at 15:55

0

The husband looks like he knows his way through a Sizzler menu.

HammerheadFistpunch > area man 12/05/2014 at 15:55

1

Its what I would do. Pay off debts, travel. I would put money away.

area man > MontegoMan562 is a Capri RS Owner 12/05/2014 at 15:57

1

I would totally buy a reasonable house with plans to live their probably forever and take a part time job in a garage somewhere just to kill time and work on different cars. Of course, I'd also have my own 20+ car collection, so I could probably spend all my time working on those, but then I would be that weird rich guy who never comes out in public.

norskracer98-ExploringTheOutback > jkm7680 12/05/2014 at 15:59

0

Me.

area man > HammerheadFistpunch 12/05/2014 at 15:59

0

My plan exactly. Buy property too, and set enough aside in a separate account for monthly/annual taxes so I literally never have to think about my place in the world again.

Sampsonite24-Earth's Least Likeliest Hero > MontegoMan562 is a Capri RS Owner 12/05/2014 at 15:59

0

Yeah my wife and I talked and said if we ever won she could quit her job but I'd stay on the ambulance full time just to keep me from going crazy. Hell I only work 3 days a week as is

Stupidru > MontegoMan562 is a Capri RS Owner 12/05/2014 at 16:00

2

I like to think that if I ever won the lottery, I'd still go to work even if it were only part-time just because I couldn't let my brain go to mush. My wife and I already bought our "dream house" which is a quaint little 1300sq-ft cape cod in a modest Midwestern town, but I like to think that we would make a few additions to the house if we had some spare cash and buy a vacation home in Texas. Sure, we'd get new cars but I don't think we'd get anything more than a new Grand Cherokee and a CTS-V Wagon. What WOULD I do with all of the millions leftover? Invest in my kids education. Why? That shit will cost a fortune in 20 years if things keep going the way they are. Oh, and in my spare time I'd like to travel and flip houses. Not the most modest lifestyle, but why even play the lottery if you don't dream about "someday"?

MontegoMan562 is a Capri RS Owner > Stupidru 12/05/2014 at 16:07

0

Hahaha true.

Obviously I've thought through all this stuff and I might still work I'm not sure. She definitely would.

I'd move (even though we just did lol) but I'd be able to afford more land and garage space/property. My millions would go to paying off debt immediately. Ours, our parents, and our siblings. Also college for kids. because we're already saving for our almost 2 year old's college...god I hope he's good at sports...

CAcoalminer > Stupidru 12/05/2014 at 16:08

0

Where would you consider buying in Texas?

T5Killer > area man 12/05/2014 at 16:08

0

The older I get the less flashy car I would get if I won the lotto. In my teens I would have to live in a warehouse to store all the cars I would buy, now that I am in my 30s it would be maybe 3 or 4.

Stupidru > CAcoalminer 12/05/2014 at 16:11

0

Near Lake Travis, just outside of Austin. I f'ing love it there

JCAlan > area man 12/05/2014 at 16:12

0

quotidian

Good word. Had to look that one up!

Stupidru > MontegoMan562 is a Capri RS Owner 12/05/2014 at 16:17

0

right?! The wife and I started saving for our kids that we don't even have yet, but I'm realizing that it's not even going to be nearly enough. I just read an article yesterday that a 4-year degree from an in-state school will cost about $100k in 20 years.... wow.

And I've also thought about this too, that I would pay off all of my family's debts, regardless of how much they have. Give them all a clean slate.

And going off of what you just said, I'd also have to buy the piece of property adjacent to my house so I could build a bigger garage and actually throw a tennis ball as far as I could to my dog

area man > JCAlan 12/05/2014 at 16:18

0

Thanks! College was good for something I suppose.

CAcoalminer > Stupidru 12/05/2014 at 16:26

0

Very nice area. My wife and I live in Dallas but have a ranch outside of Fredericksburg.

Tina Corbett > area man 12/05/2014 at 16:30

1

I would buy a reasonable sized house for me, my 2 boys and my brothers...then a 45 car garage out back. With a custom built track just for me. :D

Stupidru > CAcoalminer 12/05/2014 at 16:37

0

Awesome! I believe I've been there once

How expensive are ranches, if you don't mind me asking? All I want is a few acres with some cypress trees and room to let my dog run. My wife and I keep talking about moving to Texas (she's a native, from Houston but somehow tolerates Wisconsin for me) and one condition I have for moving down there is having land

SPNKiX > area man 12/05/2014 at 16:45

0

I mean, we're car people. I'd have a list of things I'd get, but actually, turning my forester into a sleeping dragon would be #1.

CAcoalminer > Stupidru 12/05/2014 at 16:52

0

Well, it depends on the area, but our neighbors bought their 100 acre ranch for around $500,000 back in 2005 and prices have at least doubled since then.

I can understand that. My wife and I have our ranch as a get away for the two of use and our kids and grandkids.

Dr_Watson > area man 12/05/2014 at 16:57

0

how very PNW of them

MontegoMan562 is a Capri RS Owner > Stupidru 12/05/2014 at 17:06

0

haha yeah man. I was blessed and lucky enough to go out of state 4 years and my family covered the cost of it. My wife has student loans, but they'll be gone in another 4-5 years (thankfully).

I can easily see in-state schools costing 100k.

I don't think people understand that we pay crazy low taxes in the US so "state funded" schools have to raise rates. I mean, think about it. 20 years ago entire campuses didn't need to be wired for wi-fi. There's more stuff to pay for. Is it getting a tad out of hand? yeah it is. But there is more stuff going on.

area man > Dr_Watson 12/05/2014 at 17:25

0

My thoughts exactly.

Stupidru > CAcoalminer 12/05/2014 at 19:02

0

Well then nevermind. I'll keep this ranch idea in case I ever win the lottery

CAcoalminer > Stupidru 12/05/2014 at 19:09

0

Not all areas are that expensive.

Burrito de EJ25 > area man 12/06/2014 at 02:06

0

If I won the lottery instead of just buying an STI I'd just mold my WRX into something better.

Burrito de EJ25 > area man 12/06/2014 at 02:06

0

Yeah, but is it an XT, though?

pip bip - choose Corrour > area man 12/06/2014 at 04:26

0

he'll need 3 or 4 , with those FB motors knocking like mad!

PetarVN, GLI Guy, now with stupid power > area man 12/07/2014 at 13:02

0

I'd buy a nice home in a good neighborhood, and then fill it's 4 car garage with an F-type, and M5, an E63 AMG S, and a Range Rover Sport. Then, outside on the large parking area, i'll have a Silverado for towing, and a polestar V60 for my sister