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tonymac_64
If you win $100 million in the lottery in a lump sum, how do you put it in the bank? What kind of account?
What kind of account d you need to set up? Are accounts insurable for 100 million?
                     
 




funnymancurt
Rating
I would buy lots of really big fire proof safes, and keep my money at my house.


refisc
There are a lot of investments available that can earn you a regulra stream of 10-15% ($10-15 million a year). Most are only available to those who can deposit at least $500k, which you clearly could. I would diversify amongst several of these and live very happily off of the interest forever.


Aaron G
FDIC insures $100k in a regular bank. Your best bet would be to look at hiring a accountant to help you. Can I borrow $100k? I promise I'm good for it!


excel
Rating
Personal banking. where the bank invests you money and guarantees a return


javierporras1983
Rating
CD'S, Saivings, or something where tha banck gives you INTEREST.


jannie
Rating
in a high interest savings account


Toddacanda
Rating
Set up Trust Funds.


thehuntress
Deposit up to the FDIC limit into several accounts. Use tax free accounts initially. See a financial manager for other types of instruments that are more benificial.


~O.N.E.~
Rating
Think Swiss.


Jack
You seperate it into several $100,000 regular savings accounts (because that is all the FDIC will insure for one account) then you have the interest set up to be moved into an overflow style checking account as it is earned. Now you can life off of that checking account for the rest of your life and you can dip into the other savings accounts if you need to hell that is alot of money.


yeah yeah
how bout you give 1 million first....I believe it could be on your regular checking or savings....it depends on the bank you choose..


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