19 Apr 2024, 13:53 [ UTC - 5; DST ]
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li  Posted: 07 Nov 2022, 08:58 |
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Joined: 06/30/22
Posts: 1399
Post Likes: +739
Location: 0W3
Aircraft: Mooney 252/Encore
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Username Protected wrote: If you live in a state with no income tax and you're the only winner, you'll take home a lump sum of over $1 billion. Nope. The full amount is only paid if you take the annuity over 20 years. Lump sum, cash, before taxes is $929 million.
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 09:06 |
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Joined: 08/07/17
Posts: 437
Post Likes: +800
Location: Houston, TX
Aircraft: B737,RV8,T28,B17,C47
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Username Protected wrote: The first two planes to add: P-47 Thunderbolt and F-4 Phantom II. Dude, you’re my hero! I’ve lost count of all the mentions of P-51 in this thread, but I’m with you, I’d have a P-47 in the hangar before a Mustang… Or let’s say I gotta pick between a Corsair or an F6F Hellcat… yep, gimme the Hellcat! I’m weird that way I guess.
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 09:18 |
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Joined: 03/23/08
Posts: 6945
Post Likes: +3604
Company: AssuredPartners Aerospace Phx.
Location: KDVT, 46U
Aircraft: IAR823, LrJet, 240Z
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Username Protected wrote: If you live in a state with no income tax and you're the only winner, you'll take home a lump sum of over $1 billion. Nope. The full amount is only paid if you take the annuity over 20 years. Lump sum, cash, before taxes is $929 million.
Still solidly in the “F-U $$” category.
_________________
Tom Johnson-Az/Wy
AssuredPartners Aerospace Insurance
Tj.Johnson@AssuredPartners.com
C: 602-628-2701
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 09:58 |
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Joined: 06/02/10
Posts: 7252
Post Likes: +4520
Company: Inscrutable Fasteners, LLC
Location: West Palm Beach - F45
Aircraft: Planeless
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Username Protected wrote: I might spring for the XI version the Garmin 650 for the Skipper.
Or heck, I might just purchase the whole Musketeer line from Textron and and call the company "Beachcraft" and name the various models after famous beaches.
Best,
Rich Lets start building the line again, Skipper, Sport, Sundowner, Sierra, Duchess. Better and faster, (I know how to make them faster)
Just some idle speculation, but I really wonder if Textron would part with that line at any price simply for liability reasons.
Besides pairing down the build time, I'd bring in a couple of smart LoPresti style wiz kids to try to clean up as much as possible. Find a place in the country with a good population of manufacturing & production talent, OR a place that those people would like to retire to, and keep a day job.
No G1000 integrated stuff onto the certificate. Out the door with G3X panels & EIS via STC. Offer a G5 steam gauge option "on paper".
All LED lights and modern accessories. Electronic ignition. Built-in evaporative ice rack for "air-conditioning" (slide in ice rack built in drain, controls on panel), but negligible weight when not in use.
Ahhhh....what a way to make a large fortune into a small one! "Well, Rich, what did you do with your lottery money?" "Well, I blew tens of millions of dollars to resurrect a product line no one really wanted just for sentimental reasons".
But it would be glorious! Plus give a lot of talented people good paying jobs...at least for a while.
Best,
Rich
Last edited on 07 Nov 2022, 10:00, edited 1 time in total.
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 09:58 |
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Joined: 11/01/08
Posts: 2630
Post Likes: +648
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Username Protected wrote: No Powerball winner last night. Time to buy another ticket and upgrade my wish list.  Upgrading my list is going to keep me busy today! The first two planes to add: P-47 Thunderbolt and F-4 Phantom II.
https://www.platinumfighters.com/invent ... hantom-ii/
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 11:33 |
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Joined: 04/09/16
Posts: 541
Post Likes: +157
Location: Utah
Aircraft: MU-2B
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Username Protected wrote: Will F-5 and T-38 hit the warbird market anytime soon?  If you have several million to spend I can find you one, I know of several
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 11:46 |
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Joined: 06/30/22
Posts: 1399
Post Likes: +739
Location: 0W3
Aircraft: Mooney 252/Encore
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Username Protected wrote: Will F-5 and T-38 hit the warbird market anytime soon? There are a number of T-38s out there.
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 14:39 |
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Joined: 01/23/13
Posts: 8073
Post Likes: +5764
Company: Kokotele Guitar Works
Location: Albany, NY
Aircraft: C-182RG, C-172, PA28
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Username Protected wrote: I really like that family model Skyraider. There’s room for my “crew” and a couple of small bags.
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 15:28 |
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Joined: 06/06/12
Posts: 2290
Post Likes: +2114
Company: FlightRepublic
Location: Bee Cave, TX
Aircraft: DA40, C182
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Username Protected wrote: Still solidly in the “F-U $$” category. I think you meant to say F4U $$$ …  Quote: Fantastic! They’ve even already painted my initials on the tail! 
_________________
Antoni Deighton
contactlink.to/antoni.deighton
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 16:38 |
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Joined: 02/28/17
Posts: 1213
Post Likes: +1191
Location: Panama City, FL
Aircraft: Velocity XL-RG
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Username Protected wrote: If you live in a state with no income tax and you're the only winner, you'll take home a lump sum of over $1 billion. Nope. The full amount is only paid if you take the annuity over 20 years. Lump sum, cash, before taxes is $929 million.
I was thinking there would be a last minute rush that would get it up to 2 billion. Which would work out to $1,018,400,000. I still think that's possible.
But at the current advertised jackpot (1.9b), the after (federal) tax lump sum payout is $967,480,000.
At least that's what this website shows.
https://www.lotterypayoutcalculator.com/
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Post subject: Re: Powerball $375M after tax. What's your new fleet look li Posted: 07 Nov 2022, 16:44 |
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Joined: 10/18/11
Posts: 1031
Post Likes: +587
Aircraft: Seabee Aerostar 700
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I am comfortable and my kids are doing OK although I would probably spread Some money around with them, but what I really would like to do is give half of it to charities like ones helping early childhood education like https://thousanddays.org if the brain cells are not developed by the time the kid is 3 they never will and we have a lot of dumb people who can't look for actual evidence to make decisions with that came from poor circumstances where there was no help for the baby. and the rest I would use to help good companies building new aviation things like a 400 and 600 hp diesel aircraft engine there is an excellent engine being developed from the ashes of EPS that needs 100 million or two to get it into production. 600 hp, mechanical injection weight competitive with turbines if you look at the Jet A required for a 4 hour endurance and consider the extra fuel necessary to feed the turbine. about 50% the fuel burn.
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