http://www.megamillions.com

I can't believe this lottery is so damn high. I'm in a company pool to increase my chances even if they are still worse than getting struck by lighting... twice.

Seriously tho, after taxes (in most states) and considering the cash payout option, you'll have about $323 million in your bank.

So, with that in mind,

Did you play?

and

What would you seriously buy in the first month?

I am playing $5 in my company pool which should have 100 tickets bought when its all said and done, with each of us getting about $17m should we win.

I would buy two new cars, clothes, and a lot of debt from friends and family in the first month. From there I'd focus on building 'my' house and creating a financial empire.

Not to mention since it is that high they will sell about 3 or 4 of the same ticket. (There are only about 30million combinations, so if you have that much money when it gets that high just buy 30 million unique tickets and you are garenteed to win.)

This happens quite often to have 4 or 5 winners when the pay out gets that high. It just brings out more fools. (Thus in many circle the lottery is call a tax on fools.)

I'd set up a business and become one of the most respected and feared men on the planet! :D

1. There is still a great possibility that only one or no winners will be announced.

2. Its physically impossible to buy all possible option and still be profitable as you'd have to hire an army of people to complete this. It was tried previously once the jackpot was high enough to warrant an attempt and the person was not able to buy ALL possible options and barely covered his expenses. Never been attempted again.

Yea that's crazy. I would buy a house and some stuff that wouldn't even amount to a million dollars.

If I won I'd stick it in the bank and live off the interest. Screw helping people >:(

Yeah, that's what I'm thinkin. First month I'd maybe spend $1m on family and the items I listed in the OP. Then the rest is for future investment and creating true wealth.

Bought 100$ worth today at 7-11, lets go!

wow... big risk taker.

$5 is all I'd ever risk and that's pretty rare as it is. Odds are too poor.

That's why I started a work pool, so I could increase my chances without taking more of a risk.  :)

#2 - Well yeah there are physical and time constrainst but it is still a mathematical possiblity to buy all of them (plus you run into the possiblity that there will be multiples sold so there is still a inharent risk.)

As for what I would do with that much money, I really only need 3-to-4 million and I would be set for life. You put it into a saving account and live off the interest. (at 2% interest that is 50-to-65k yearly.)