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If you win a billion dollars it has to be safely kept somewhere. FDIC only guarantees up to $250,000. One reason why the wealthy have money in multiple banks.


Several accounts....


Just open one bank account at Wells Fargo and they will 'take care of opening the rest of the accounts' without your permission...
 
A local guy won a sizable Lotto years ago. He had 90 days to collect. He and his attorney, accountant, insurance agents spent those 90 days figuring out how to keep the $$$ safe and in the family. When they had it figured out, he claimed it.
 
A local guy won a sizable Lotto years ago. He had 90 days to collect. He and his attorney, accountant, insurance agents spent those 90 days figuring out how to keep the $$$ safe and in the family. .


If you can't keep it in your pants, keep it in the family... :D
 
Good for 3 days..
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If you win a billion dollars it has to be safely kept somewhere. FDIC only guarantees up to $250,000. One reason why the wealthy have money in multiple banks.
Well yeah, but that’s why you spread it out.

besides, half of it would get invested in some long term, safe EFTs. Or maybe I just take it all out in cash, buy that entire mountain in Montana and build a fortress, or turn it into that place that norad has in Cheyenne Mountain hahahaah yes there is sarcasm here
 
A local guy won a sizable Lotto years ago. He had 90 days to collect. He and his attorney, accountant, insurance agents spent those 90 days figuring out how to keep the $$$ safe and in the family. When they had it figured out, he claimed it.
Yep. They say 80 percent of lotto winners end up broke or dead within 3-5 years of winning it.
 
Well yeah, but that’s why you spread it out.

besides, half of it would get invested in some long term, safe EFTs. Or maybe I just take it all out in cash, buy that entire mountain in Montana and build a fortress, or turn it into that place that norad has in Cheyenne Mountain hahahaah yes there is sarcasm here
You could buy a sizable chunk of Montana with a billion. Uncle Sam would get half.
 
Yep. They say 80 percent of lotto winners end up broke or dead within 3-5 years of winning it.
Unless someone steals it from you, cannot spend a billion in your lifetime....Just interest in a bank account you cannot spend!! Crazy amount...
 
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