If someone hits the winning number, the estimated payout on Megamillion Tuesday night (7/26) is $810,000 long term payout, or a pretax check for $470,000,000. Of course, it isn't the record, which was $1.5 Billion or something like that.
Just for fun - Will you buy a ticket for the drawing? (I have one). What would you spend the money on if you won?
Hire a lawyer, form an LLC with the lawyer as the registered agent and manager.
Buy Turbo prop ten seater. Hire a qualified pilot. Travel a lot.
House in ski town, Starkville, somewhere in Florida (probably the panhandle to make it easy for friend and family to use it). Maybe a house in the Bahamas. Use them and VRBO them.
Boat, as small as I can get a 3/2 and captains quarters on (maybe 65 ft?), and captain.
After taxes and buying all that, I should have $275M. That should throw off $5.5M in dividends. That should be enough to cover say $400k in payroll for pilot and captain and occasional deckhands, VRBOing houses would hopefully cover maintenance and expenses. Say another $200k in yearly maintenance for plane and boat, $30k in slip fees. Should still have over 4.75M to live off of each year, which I think would probably cover my other expenses.
Probably eventually buy rental property in the bahamas and manage it to keep myself busy and out of rehab.