The stated value is what you get, total, before taxes, in 20 or 25 yearly installments (say 7.24 million a year for 25 years, pre-tax).
The cash value is generally about half that much (maybe a little more) in a pre-tax lump sum, so $90~95 million pre-tax. Take the taxes off that and you’re in the $60 million range.
General rule of thumb is figure about 1/3 of stated lottery amount for your after-tax, cash value winnings.
No idea about foreigners, but non-Powerball state US residents can play the powerball I think.
There are also rentals of megayachts. Here is one story (NYT reg may be required), and I recall seeing a show on the Travel Channel that says there are a handful of yacht rentals in the Mediterranean that cost around a million dollars a week. My sister went to the Cannes film festival a number of times when working for a certain infamous and extremely wealthy European businessman, and rentals of these big boats were quite the thing for those who had plenty of cash to burn.
This is probably getting too far off topic for this thread, but there are creative ways for us common folk to travel like the elite, especially if you’re a little flexible.
My wife and I did a 4-day cruise on a Carnival ship in the “owner’s suite” (a lot like the one shown in that photo) by buying it at a charity auction. There were a number of other, more exotic travel packages for auction, and the cruise was early in the evening, so I think people were saving their money for the bigger items. I don’t remember precisely what we spent, but when I checked out Carnival’s website, it looked like we paid the equivalent of a middle-of-the-road cabin.
The best part was that nobody on the ship or at the terminal knew how we had obtained it; all they knew was that we were in the penthouse. We got to check in in a little office (as opposed to the obscenely large line everyone else went through), and we were then escorted onto the ship (again, walking right past everyone else). It was pretty sweet.
Seriously doubt it was Bill Gates. He’s notorious for flying coach. He used to buy three seats so he’d have the row to himself. More recently he’s invested in Eclipse Aviation, so he’d probably be using an Eclipse 500 six-seater these days.
The Queen Mary 2 does crossings of the Atlantic, at quite staggering prices for the best suites. $5-24K. Double occupancy, so multiply those by 2. That’s for a 7 day trip.
Or you can take the Queen Victoria round-the-world cruise. From January to April, 106 days. Prices start at $20k per person, going up to $203k per person for the best suite. Yikes.
If part of your celebrity lifestyle plan is sucking a lot of your winnings up your nose, make sure you put aside $80,000 - I just read an article about those Malibu rehab centers and that’s the cost of a month’s stay at one of the high-end ones.
Not for one second do I believe this. Years ago, maybe; not anymore.
Cite?
There is no chance Bill is not flying around in a private jet, and a high-end one at that (G-5, say). Among other reasons: his personal security, and that of his entourage. Not to mention wising up since his anti-pretense days.
A cite that I doubt that he took a private jet to central america to participate in a fun run, or a cite that he’s got a private jet these days? Well I said I doubt it, not that I knew for sure.
I do know for a certainty that he used to fly coach sitting in three seats, at least in 1993, because I’ve been on the same flight. It’s also common knowledge that he used to travel this way all the time amongst MS employees that worked for him back then, of which I am one.
A friend who flies corporate jets out of Bozeman MT reports that Bill Gates is occasionally seen arriving in a high-end Falcon jet (apparently he has property - or possibly just friends - near the Big Sky ski resort).
Not that it matters at all, but when I said that BG may have been in the country on a “charity run”, I meant that he was supposedly there for one of his charitable endeavors, not to participate in a fun run. Sorry for the confusion, and I’ll choose my words more carefully next time.