Just think how many people would hit you if you won Powerball for 300 million,
oh I guess you get about half taking cash so then say 150 million....damn then they re-tax it, so 100 million maybe ? That's not even +EV mathematically ?
Play the state lotteries, if that is your retirement plan !
Imagine the leeches you'd attract with 100 million left of a 300 million jackpot....I think you'd nearly need to create a new identity and disappear.
I could so easily live on 10 million for the rest of my life ( I'm 48) that I'd likely be a philanthropist sort with 100 million instead of giving it to leeches that come out of the woodwork.
I am not extravegant, don;t want some mansion, I don't need 8BR and 11 baths.
parents that grew up in the Great Depression taught me a lot ( born in 1919 and 1920)....I just can't spend that kind of money !
What am I going to drive ? A new Corvette and SUV or Pickup is enough, maybe all 3 for say 200K, that's plenty right there !
oh I guess you get about half taking cash so then say 150 million....damn then they re-tax it, so 100 million maybe ? That's not even +EV mathematically ?
Play the state lotteries, if that is your retirement plan !
Imagine the leeches you'd attract with 100 million left of a 300 million jackpot....I think you'd nearly need to create a new identity and disappear.
I could so easily live on 10 million for the rest of my life ( I'm 48) that I'd likely be a philanthropist sort with 100 million instead of giving it to leeches that come out of the woodwork.
I am not extravegant, don;t want some mansion, I don't need 8BR and 11 baths.
parents that grew up in the Great Depression taught me a lot ( born in 1919 and 1920)....I just can't spend that kind of money !
What am I going to drive ? A new Corvette and SUV or Pickup is enough, maybe all 3 for say 200K, that's plenty right there !
lots of so-called books have limits on withdrawals like so much a week via check ( maybe 3-5k) or $750 or so via Moneygram/ WU with often a 10% fee.
You won't easily pull out $100,000 in one shot at places like Betphoenix, Justbet, EZstreet,etc. Those are OK enough middle of the road books, but you ain't getting 100k in a lump.
+1000 on this one
if anyone asks why you charge juice, you tell them the juice doesn't even cover the people that stiff you.
only make short term loans (till next payday)
only make loans that are a small percentage of the persons paycheck.
the 20 for 25's are the best ones, they'll payoff every payday and hit you up again after the weekend. if they ever stiff you, you're out $20.
at one time I had 20 to 30 of these "loans" out for over $1000, I would make an extra $200 to $300 every payday.
it was turning into work, I was starting to take TV's and other electronic equipment as security, I'd get one or two stiffs here and there.
It's when people I didn't know that started coming to me that I decided to cut it way back, and finally down to nothing.
I have a lot of respect for pawn guys and payday lenders. When I see them charging 300% a week I understand why they need to. Of course the gubmit and elitist thinks it's "unfair"
didn't report it
I also didn't have a pawnbrokers license or a state lenders license
when it was all said and done if I added up all the money in and money out, and divided it by all the hours put into it I probably didn't even earn minimum wage.
Maybe I should sue myself for unfair labor practices.
I also didn't have a pawnbrokers license or a state lenders license
when it was all said and done if I added up all the money in and money out, and divided it by all the hours put into it I probably didn't even earn minimum wage.
Maybe I should sue myself for unfair labor practices.
This is nonsense. You share this info with us. Please don't tell us that there are a lot of hours involved in lending 20-30 coworkers $20-$40 a payperiod. Than making an extra $200-$300 every payday. How hard can a sharking business like this be. Not!
For tax purposes your wage rate has nothing to do with your taxable income. You make an extra $200-$300 a payday this is income to you. Offset it by your expenses to run your sharking business on now you have your taxable income from your sharking business. Your hours aren't an expenses and don't factor into any equation for tax purposes.
P.S. Most co-worker's would lend an associate $20 juice free. Too each his own.
sure there were good weeks, there were also bad weeks, especially around the holidays... guys need to buy christmas presents for their kids instead of paying me back.
how hard someone works shouldn't define how much one makes.
sure we would all like to think that hard work should be rewarded with high pay... that's not the real world.
high risk = high return
ask any gambler
how hard someone works shouldn't define how much one makes.
sure we would all like to think that hard work should be rewarded with high pay... that's not the real world.
high risk = high return
ask any gambler
