A fun topic of discussion when my friend, John Reed, and I are drinking is what we would do if we won $200 million in the lottery.  Here is how I would spend it…

Of course, it would not be $200 mil. After taxes and all that jazz, it would be close to 70 mil. Soooo, here we go.

2 Million – I would immediately give $100k to 20 of my friends/family members. (They would have to sign a forfeiture of rights to any money from me in the future though…)

30 Million – Although I would love that kind of money, I am not sure I would know what to do with it. So the best course of the action is to save as much of it as possible.

   $15 million in fixed annuities

   $10 million in equity indexed annuities, gov’t & tax free muni bonds and US treasury securities

   $5 million in a standard bank account

10 Million – gotta find a place to sleep, no?

   $2 million house in Cleveland, OH

   $500,000 townhouse in Markham, ON

   $1 million beach house in Barbados

   $2 million apartment near Kowloon, Hong Kong  (still tiny tho…)

   $3 million apartment in Rome, Italy

   $1 million villa-house in New South Wales, Australia (closer to Sydney…)

   $500,000 apartment in Vancouver, BC

3.5 Million – Furnishings and Art

1 Million – Although I would prefer easy access to public transportation, I think some new rides are needed.

   $200,000 – 5 Touring Honda Odysseys (don’t need a car in HK or Rome…)

   $50,000 – Ariel Atom

   $85,000 – Porsche 911

   $70,000 – Supercharged Range Rover

   $100,000 – 2 Land Rover Defenders (Cleveland and Australia seem fitting…)

   $70,000 – CLS Mercedes Benz

   $40,000 – 2 Indian motorcycles (Chief Dark Horse and Chief Vintage)

   $15,000 – Norton Commando Café Racer

   $20,000 – 3 Vespa GTV 300 (Now you have to have one in Italy, no? And I think Amy would one too.)

   $180,000 – Aston Martin DB9, oh my!

   $30,000 – Honda S2000 (to keep it real…)

   $100,000 – assorted Jeep Wranglers and Kias to smash into things with…

2 Million – Renovations to Otani’s

5 Million – Mom

1 Million – John Reed…no, really.

1 Million – Amy

1 Million – Start the Yee Scholarship Fund for the Arts

500,000 – NPR donation

2 Million – Start non-profit to help Asian Immigrants

3 Million – Funds for assorted bills, taxes, fees and fines

7 Million – This is splurge money. This is spent on whatever the hell I want…

   $50,000/year – Full Time Personal Trainer

   $50,000/year – Full Time Martial Arts Instructor

   $600,000 – 1/16 Fractional Plane Ownership (figures in maintenance)

While brainstorming ideas for Otani's...we felt as if we should have a cute cuddly creature mascot as part of the children birthday party package.

This is what we came up with...seriously.