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Open Letter to $400 Million Columbia SC Powerball winner

Congratulations to the fellow South Carolinian who won the $400 million dollar Powerball jackpot in Columbia, SC!

You have won an epic fortune. In a way, you're the Katniss Everdeen of lottery winners. You have, in certain ways, won the Hunger Games and I feel great for you!

I see you've chosen to remain anonymous and that's an excellent first step. Very wise choice.

Now what?

The Lawyers and Financial Advisor's must be coming at you like a herd of raging, starved lions. No doubt, the Lottery Corporation is telling you all sorts of things, such as, "we know how to handle this for you", "your new found wealth will destroy you without our help"...etc

Beware of the self proclaimed 'smartest man in the room'. That was the Enron modus opporandi.

I can actually hear John Perrywinkle Morgan licking his chops and laughing in his grave, from my house.

Okay, not literally, but much like Sarah Palin can see Russia from her house. Same context, alright?

All kidding aside.

I have some advice for you.

You will not hear this from anyone else around you right now, for two reasons.

One, it is the truth, and two, nobody has your personal best interests at heart at the moment. And I mean nobody.

I don't know who you are, so I really don't care. I care more about this country and the direction it is headed than I do for you, personally.

You see, you're the dog that has finally caught the bus.

Now what do you do with it? All the other dogs around you are like: WTF? He actually caught the bus, what do we do now?

These guys know. Oh boy, do they know.

J Perrywinkle and friends (B of A, Wells Fargo, Goldman Sachs et.al) want your investments BAD!

You must ask "why?"

The simple answer is because as soon as you deposit a single dollar with any of them, 98 cents of every single dollar you deposit will be gone.

Don't believe me? Research 'Fractional Reserve Banking'.

You might be shocked.

My point is, you now have enough money that you don't need your money to make money. You really don't.

You've just paid an insane amount of tax. Do you want to pay more?

Your $400 million became what, $130 million something in cash?

The system wants you to pay more and the bankers want their cut, BADLY!

Okay, so now you have over $100 million in cash and there's not a single bank in the world that could cash that check.

Are you following me yet?

You have enough money that you could hire a fleet of Brinks Armored Cars and go the the Federal Reserve Bank or Fort Knox and they would not be able to cash your oversized check.

Not a single bank in the world can cash your check.

You must deposit it and hope for the best.

Be thankful that you didn't win the Cyprus Lottery on March 16th, 2013 because if you did, the banks closed the very next day for OVER a week, and when they reopened, 67% of deposits had disappeared. But the bankers got theirs, I can assure you.

Don't think that could ever happen here?

There's a reason why the FDIC only guarantees $250,000 in deposits. It's because the banks will either gamble the rest away, or use the difference to pay off bad bets they made. And they make a LOT of bad bets. It's their specialty.

This, my friend, is a fact.

When there is another 'bank bailout', and there will be, it will be what's called a "haircut", which is really a 'Bail-In', meaning the government won't pay this time, they will just take your money.

Feeling safe with all that cash?

Currently, there is only 4 places you can put your money where it will be reasonably safe:

Physical Gold (not paper gold)

Physical Silver (not paper silver)

Money generating property (Farms, rentals etc)

and LIBERTY

Yes, I said Liberty.

Putting even $10 in the stocks or bonds market right now is the most stupid thing you will ever do. It is a bubble about to burst.

Of the four items listed above, gold and silver will only preserve your wealth, but you must find a secret and safe spot to hide it.

I advise you to think about this deeply. Get it and bury it. Now.

Find 1000 acres somewhere and draw your treasure map. I'm not kidding. Count your paces from X point to Y point, and bury it in an unlikely spot and tell nobody except your closest friends/family.

If you know any history, the Federal Government seized all gold in the earlier part of the last century, so a safety deposit box is not a safe place.

Research this! It's the truth.

Land that produces food, particularly organic food, is a very safe bet, especially if it has unlimited access to fresh water, aquifers and/or rivers.

This too, is a wealth preservation move.

Liberty? Now this is an investment that you can not put a price on. It is truly priceless.

With the money you now have access to, there are so many things you can do to mitigate your wealth preservation, your grandchildrens future and humanity as a whole.

In fact, of the four items listed above, it is, by far, the best investment you can ever make.

For everyone's sake.

Forget the Red Cross, Salvation Army, etc, they skim 40% off the top before a penny goes anywhere. And that's a conservative estimate.

Do you want to make a difference in the world?

You now have a real chance to do so, IF you're willing to be brave and learn at the same time.

There are people like SC State Senator Lee Bright running for the US Senate. A true Champion of Liberty up against $6 million dollar man Lindsey Graham. AKA Mr Grahamnesty

We have The Minister of Truth Derek Greyson running for Georgia's US Senate seat next year. Huge underdog but an honest man.

There are countless others around the country who actually care about the people and this country. People who care about the US Constitution and our founding principles. Good people who actually want to do the right thing.

None of them want to steal a penny from you. Or anyone else for that matter.

But they are poor like me and maybe poor like you were yesterday and they are up against mega Daddy Warbucks who have been in office forever, have gotten rich there and won't leave without a fight.

This country is in a serious pickle because of people like Lindsey Graham, John McCain, Nancy Pelosi, Harry Reid and so many others, who are epic hypocrits in office, but they remain in office because they have the money to stay there.

You, Mr or Ms $100+ something millionaire can actually make a difference for the entire world by helping change our government and thus changing things like our bad foreign policy and bloated government.

Can I make a suggestion?

Put $10-20 million in your pocket, enough to live well and take care of the kids and grandkids forever, and blow the rest on LIBERTY for the rest of us.

That would be a truly epic legacy and that is what I would do, if I was wearing your $400 million dollar shoes.

In the grand scheme of things, it might seem small, but I can assure you, it is not.

And worst case? You're $10-20 million dollars richer than you were yesterday and at least you tried. We need to hang together, otherwise we will all hang alone.

Bottom line is: You have a very unique opportunity to expand Liberty and fight Tyranny in the entire world. Will you?

In all likelihood, I am the only voice of reason you are hearing right now.

I have nothing to gain or lose from telling you this, except my personal liberty might be expanded if you listen.

That is what's in it for me.

There is so much more I could write, but this is long enough. If you want or need more clarity, you can find me at the DailyPaul.com under the username Crabacado.

Otherwise, good luck and congratulations.

Sincerely and with Kind Regard's

Some plain dude in Myrtle Beach who is known as Crabacado



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Sadly, id probably just build

Sadly, id probably just build a bunker complex about a mile down, or else fund a spaceship to let me colonise a Galt's Gulch on Mars. That would be so much easier than trying to convince people to save themselves from the fema camps.

C_T_CZ's picture

Give 50 oz gold to Michael Nystrom...

For giving us the Daily Paul and the chance to discuss Liberty issues together for so many years.

Proclaim LIBERTY throughout all the land unto all the inhabitants thereof

Or you could spend all your

Or you could spend all your winnings by starting a business. With a $100,000,000 dollars you could hire 7000 people at minimum wage to produce???
grant

Seen this?

You May Already Be A Loser

http://www.dailypaul.com/273706/wisconsin-lottery-commission...

Pandacentricism will be our downfall.

Easy Explanation.

Wisconsin's Megabucks jackpot is actually the cash value amount. THATS the part that increases from drawing to drawing unless there is a winner and it ALWAYS increases (again, unless there is a winner) just like it is supposed to.

But like ALL lotteries, the big flashy advertised payout amount is the estimated total money one would get with a government annuity. Interest rates do fluctuate so therefore that possible annuity varies from drawing to drawing.

For instance if the cash value of the jackpot today is $1 million - and government interest rates are X% - the total payment over 30 years might be $1.4 million.

If it isn't won, then next drawing the cash payout amount will be $1 million + whatever the additional amount is, but if interest rates DROP that will only buy an annuity of $1.3 million perhaps.

Remember that the jackpot is actually the cash value - not the total cash paid with the annuity (even though they advertise what the estimated annuity will be for promotional purposes) and that estimate can drop if interest rates do. But the REAL payout is the cash value and, without a winner, THAT amount ALWAYS increases, just as it is supposed to do.

Nothing wrong or dishonest here. The annuity is ONLY an estimate based on current interest rates until someone actually wins and an annuity is actually purchased.

So what you're saying is...

The lottery people gambled the lottery money on Treasury notes and lost it.

Pandacentricism will be our downfall.

NO. The annuity you see listed that might actually decrease

from one drawing to another is actually an ESTIMATE. Its an ESTIMATE of the total payout on a 30 year annuity, purchased with the current cash value amount. And that ESTIMATE could go down with interest rates.

Its an ESTIMATE because no actual annuity is even purchased until a winner wins, AND he chooses to take the annuity instead of the cash value. Until then it is simply a cash jackpot that increases incrementally according to how many tickets are sold.

So its the ESTIMATE that decreases. Lottery people didn't gamble anything, because they don't buy the annuity till after you win. Why would they? You MIGHT (probably SHOULD) take the cash payout. So buying an annuity BEFORE you decide which to take is pretty ridiculous.

I have news for you. Even big lotteries,, much bigger than Wisconsin MegaBucks, like PowerBall and MegaMillions have annuities that are influenced by decreases in interest rates. The difference is that you don't notice it because these lotteries grow so fast, say from a cash value of $60 million to $80 million from drawing to drawing, that of course a much bigger annuity is projected, even with lower interest rates, simply because the available cash value is suddenly so much larger.

But again, even with these bigger lotteries - no actual annuity is purchased for the winner until the winner wins (assuming again that he doesn't instead take the cash value).

Its just that Wisconsin's MegaBucks is so small that the cash value doesn't increase enough from drawing to drawing to NOT be heavily influenced by fluctuating interest rates. Interest rates affected the projected annuity more than the increase in cash value does.