If you won the WSOP?

#1 27th June 2010, 6:35 PM

If you won a bracelet and lets say 500k what would you do?

I would give myself a 50k online bankroll and put 450k in a savings account and pay myself a monthly salary to be equal too 50k a year. So hopefully I would win some more

What would you do?

#2 27th June 2010, 7:10 PM

buy some dildos

#3 27th June 2010, 7:14 PM

Travel and play poker.. try to help out with charity events when I can.. mainly charities for kids and animals.

#4 27th June 2010, 7:22 PM

100k BR, get my wife and I out of debt, buy a 1 story house instead of having an apt, put my kids through college.

#5 27th June 2010, 7:29 PM

Well its really like half of that after taxes but I'd put down money towards a house and maybe boost my bankroll by like 30 grand or so.

#6 27th June 2010, 8:18 PM

I'd buy my mom and stepdad a new RV, too, and my dad a new Harley.

#7 28th June 2010, 3:45 AM

Take a small amount to play with, rest goes in a low-risk investment account because if there's anything I hate it's actually working for a living

#8 28th June 2010, 3:49 AM

nice new house and play poker on the circuit i guess

#9 28th June 2010, 5:39 AM

Buy a house and invest.

#10 28th June 2010, 5:41 AM

I would probably leave 10k online, and put the rest in my savings account and spend it whenever I would like to.

#11 28th June 2010, 12:38 PM

Drink bottled beer.

#12 28th June 2010, 12:52 PM

One more thing would you sign a deal with one of the online sites?

I would probably sign with fulltilt just because I like there site. However I might ask for insurance on all the bad beats.

#13 28th June 2010, 1:27 PM

That would be pretty cool also. But I would just leave 10k online and save the rest, that's the best idea IMO.

#14 28th June 2010, 2:52 PM

Kids College, Debt Free, a few small luxeries and a 50K bankroll. Sorry I know that's boring. the second one that i win i will put more back for poker, lol.

#15 28th June 2010, 4:29 PM

i would spend half on
women, wine and song
and just squander the rest

#16 28th June 2010, 4:32 PM

I would split 50k into my pokerstars account, open a new bank account add 50k and use it for live play and put 400k into a savings account minus the 10k i'd use to do a bit of world travelling and partying around the world,

#17 28th June 2010, 4:50 PM

Keep a small amount for poker and put the rest into something that provides a nice safe monthly income and JUST ENJOY.

#18 28th June 2010, 4:51 PM

1.Sign a deal with Full Tilt (Unless Cardschat wants to play me the big bucks :P)
2. Party for 3 days straight
3. Invest half of it
4. Keep the other half for my bankroll

#19 28th June 2010, 4:55 PM

I'd pay off my debts, then hide the cash and disappear before the taxman got me......... And since none of my friends approve of my poker playing, I'd call them all and yell

"Nananananana"

#20 28th June 2010, 5:05 PM

I will put the money in my savings account so that i will not be broke. Spend the money wisely.

#21 28th June 2010, 5:09 PM

I'd put it on red.

#22 28th June 2010, 8:42 PM

o my god if it will happen then i will stay here for a couple of days to have more...............and then spent it on me of course

#23 28th June 2010, 9:36 PM

Ok, my messages are invisiable so I cant realy see if i am typing correctly..But I would blow it baby!!! I wish I had your kind of mind!!! I live for the day...hehehe

#24 28th June 2010, 9:47 PM

#25 28th June 2010, 10:03 PM

LOL @ marginal's post. Thats what you would spend ur money on?

#26 28th June 2010, 10:04 PM

I went to the WSOP every year. I would buy a house and car. restu I can to keep living life. If I win a one million would open a poker room.

#27 28th June 2010, 10:04 PM

Quote:

Originally Posted by Slow Roll Poker

LOL @ marginal's post. Thats what you would spend ur money on?

Year long binge on hookers and blow then win another 500K the next year then repeat.

#28 28th June 2010, 10:14 PM

Quote:

Originally Posted by marginal

Year long binge on hookers and blow then win another 500K the next year then repeat.

Good luck doing it 2 times in a row, its tough 2 do it 1 time lol.

#29 28th June 2010, 10:32 PM

Ill keep it going for a good 10 years.

#30 3rd July 2010, 5:31 AM

Quote:

Originally Posted by forsakenone

buy some dildos

lol. nice one. I would probly buy a nice house and a nice car.

#31 3rd July 2010, 5:32 AM

Quote:

Originally Posted by NeverFold

I will put the money in my savings account so that i will not be broke. Spend the money wisely.

great idea. Mine would be gone in a week

#32 3rd July 2010, 6:25 AM

Id sign with the poker room willing to offer me the best deal, staking me in any major event i want for the next 10 years seems reasonable? :P and a load of money for wearing all there crappy gear of course ha

#33 3rd July 2010, 6:27 AM

Quote:

Originally Posted by D_russo88

great idea. Mine would be gone in a week

Hookers and blow amirite?

#34 3rd July 2010, 2:05 PM

Quote:

Originally Posted by womackcali02

If you won a bracelet and lets say 500k what would you do?

I would give myself a 50k online bankroll and put 450k in a savings account and pay myself a monthly salary to be equal too 50k a year. So hopefully I would win some more

What would you do?

You may want to think a bit harder prior to spending your earnings. Here's why:

1. Upon winning $500k+ there is Nevada Gaming Taxes to pay
2. State taxes (Residency) to pay off

Both of these funds will kick you up to the next tax bracket for the year (rough estimate @ or about 41.5 percent.) That leaves you with just under $298k clean.

#35 6th July 2010, 1:16 PM

Quote:

Originally Posted by robert_wrath

You may want to think a bit harder prior to spending your earnings. Here's why:

1. Upon winning $500k+ there is Nevada Gaming Taxes to pay
2. State taxes (Residency) to pay off

Both of these funds will kick you up to the next tax bracket for the year (rough estimate @ or about 41.5 percent.) That leaves you with just under $298k clean.

DO you have to pay the state taxes if you are from another country like Canada? I am not an American, but if I won the 500k I would invest in property, or bonds, with a 5k online poker bankroll, and i would pay off my massive student loans and credit card debt + mortgage.

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