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ODELL 1y ago 💬 20

SHOULD LEGIT JUST APE THE WHOLE PRIZE INTO BITCOIN.

THIS IS FINANCIAL ADVICE.

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Discussion

Scott O’Brien 1y ago

Would have more money than Elon in less than 1 year.

pup 1y ago

Now that's the most bullish take I've seen in a while.

Lump sum payout for that ticket is ~$549M, or 5791 BTC.

Elon Musk is worth $449B. For the winner to eclipse Musk's net worth next year (having deployed the full lump sum lottery cash out into bitcoin), Bitcoin would need to increase in price by 818x.

This would imply a Bitcoin price of $77.5M.

Scott O’Brien 1y ago

Might be a little ambitious.

pup 1y ago

Perhaps, but I'll be the last one to complain if it plays out that way.

Zaikaboy 1y ago

Persacly

The Bitcoin Chef 1y ago

Call it their strategic reserve 😉

Ben Justman🍷 1y ago

When he just buys real estate with it

𝕾𝖊𝖗 𝕾𝖑𝖊𝖊𝖕𝖞 1y ago

he’d retire his whole bloodline for generations to come

true freedom

TheWildHustle 1y ago

Imagine letting it sit in dollars with wells fargo for 100 years.

"Where'd the money go dad?"

Fabel 1y ago

🥳😂👍💰🐇🤩

J₿INZALA | ∞/21M⚡️ 1y ago

How can you do 1.3 billion in one go? Only option is OTC?

michael 1y ago

jackpot in the us ins’t payed in one lump sum. if you want a one time payment you get less. not sure about what %age

J₿INZALA | ∞/21M⚡️ 1y ago

That’s criminal.

Jan⚡️ 1y ago

I am so sorry for him or her. Winning a large amount usually spells doom for the person.

Bitcoin 4 Small Business 1y ago

Yes, but I think that has a lot to do with the belief system/worldview that leads people to participate in the lottery in the first place.

Jan⚡️ 1y ago

Exactly what I was thinking.

neutron 1y ago

Do it.

dwm 1y ago

That was my plan. But I only won $4 with my ticket

michael 1y ago

that was my plan if it i won

pup 1y ago

Would have been my move...