The Powerball jackpot has hit $1.9 billion, the biggest lottery prize ever

[tripplej]

from yahoo,

The Powerball jackpot has officially set another new world record.

The jackpot is now estimated at $1.9 billion, with a cash option of $929.1 million, according to Powerball, ahead of the next drawing Monday.

Personally, I always thought the lottery was a tax on the poor but just for fun, if money was no object, what Home Theater AV would you get?

[TRainH2O]

Hmmm, I'm not sure what I would buy but I would certainly build a new house with a purposefully-built media room stocked with all sorts of AV goodies. Everything (equipment, speakers, acoustic treatments, projector) would be hidden.

[AVSCraig]

Hmmm, I'm not sure what I would buy but I would certainly build a new house with a purposefully-built media room stocked with all sorts of AV goodies. Everything (equipment, speakers, acoustic treatments, projector) would be hidden.

I wonder what the after tax take home would be from the cash payment - $400 million? I'd move to Nevada, build a new house with a purpose built home theater - probably a Christie Eclipse. Going to need a private shooting range ( acreage ) and a walk in gun vault for all the machine guns I'd buy too!  And the price of wine I buy would be going up! 

[Barry]

Hmmm, I'm not sure what I would buy but I would certainly build a new house with a purposefully-built media room stocked with all sorts of AV goodies. Everything (equipment, speakers, acoustic treatments, projector) would be hidden.

I would move next store to Tracy!!!!!!

[Barry]

I wonder what the after tax take home would be from the cash payment - $400 million? I'd move to Nevada, build a new house with a purpose built home theater - probably a Christie Eclipse. Going to need a private shooting range ( acreage ) and a walk in gun vault for all the machine guns I'd buy too! And the price of wine I buy would be going up!

After Federal taxes your take home pay would be $585,000,000 on the $930,000,000 that you won.  Of course there are state taxes, so in NY I would take home $484,098,145.

[AVSCraig]

After Federal taxes your take home pay would be $585,000,000 on the $930,000,000 that you won.  Of course there are state taxes, so in NY I would take home $484,098,145.

I think my financial advisor would say " go ahead and buy an Eclipse. Two if you want even ! "

[tripplej]

lol. It is always fun to dream a nice dream here!

[TRainH2O]

I would move next store to Tracy!!!!!!

I would welcome you back down South, Barry. I'm in a valley surrounded by mountains, really near your home state.

You would love it here, and we would have the best movie nights. 

[David Vaughn]

Dreaming about winning the lottery is half the fun of buying a ticket, but save your money....I'm winning and I`ll build everyone here a theater...there would be more than enough money to share the dream with friends!

[bmoney]

so nice  haha

[Paul Heroy]

Ha, I thought about this in some detail several months ago when there was a big prize. I never buy lottery tickets but for that one I spent $20 on it. And won $4, so hey I guess I can use that for the new one!

I'd definitely have to build the house and room for the dream HT first. But I wouldn't go too overboard, and I wouldn't do it somewhere new. I'd build close to friends and folks I want to actually hang out with. I basically figured I'd keep around $15-20M, enough to build that dream home and then live on modest returns, then have fun giving away the rest to folks or things I like.