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2006-07-11 00:37:04 · 12 answers · asked by Anonymous in Social Science Psychology

12 answers

put one million in 20 different banks and live off the interest. Most do not understand a few things about a large sum of money. Many will blow a large portion all at once not thinking that once it is gone it will stay gone. Many will buy with little thought as for a long term - example buy an expensive sports car will cost you insurance wise more in a month then your house payment.
the interest on 20 million will be lower in percentage then 1 million, so to get the max out of your money go to 20 different banks to get the max allowed in percentage. making sure you keep interest tax payments aside still would give you an average of a years pay from a basic job each month. and seriously who could not live on making 10 years worth of wages they make before the 20 million in a years time and live better than they ever thought possible and the best part is you will always have 20 million dollars.

2006-07-11 01:13:59 · answer #1 · answered by Savage 7 · 5 0

Honestly I would probably die of a heart attack! LOL! If that didn't happen I would pay off all my bills and set my kids (and nieces) up for college. Take a nice family vacation. When I got back I would open my own scrapbook store right here in Pflugerville TX (I already have the location picked out), My hubby would start his own computer business and we would invest the majority. I figure all this would cost considerably less than a million.

2006-07-11 11:25:59 · answer #2 · answered by beth l 7 · 0 0

I'll buy a ship and crew and travel along the coasts of the Pacific, living off the ocean and eating seafood day and night, while occasionally scuba diving or submarining with the sharks and exotic fishes, whales, and dolphins. Then I'd set up an internet site selling rare seashells and other things I find in the waters.

2006-07-11 01:13:13 · answer #3 · answered by Anonymous · 0 0

Pay off visa. Buy a big new house. Get a new car (nothing OTT though). Go on holiday somewhere really nice and far away, then sit back for about 6 months. I'd gain a lot of interest and be more capable of dealing with such a large amount of money. I'm quite sensible you know!! Hee hee

2006-07-11 00:43:13 · answer #4 · answered by Iluv24 4 · 0 0

Spend about 2 to three million on construction a house, placed aside about 60,000 for school, pay off my figure's and few chum's homes, purchase my dad a house, purchase a everyday residence in Czech and Croatia, open my personal images and fashions business enterprise, and promises each and each and every of my chum and close acquaintances 0.5 a million. i am going to save about a million or 2 for myself. If there is any left i am going to provide some thing to donation that is going in route of animals or some thing similar or likely even to varsity scholars interpreting to be a veteraniary or zoologist. i do not quite plan on purchase some thing enormous or fancy beside the living house. some thing will be ordinary. i do not pick all junks to be at liberty.

2016-12-01 01:26:13 · answer #5 · answered by ? 3 · 0 0

every single lottery winner so far has gained weight immediately after winning it. i would start off by losing some weight, and then the fun comes

first give me th money

2006-07-11 00:40:46 · answer #6 · answered by varunchablani 2 · 0 0

Invest

2006-07-11 00:40:32 · answer #7 · answered by Tiffany5 4 · 0 0

First of all, I will secure family,then luxury and then keep moving around the world.

2006-07-11 00:51:31 · answer #8 · answered by dharap123 3 · 0 0

wow.. ill study medicine....buy a house for my whole family that will be near my school, car and the half since u cant really spend them all...donate to support education in philippines!

2006-07-11 05:42:23 · answer #9 · answered by donnlyn18 2 · 0 0

Move

2006-07-11 00:40:24 · answer #10 · answered by catnap 4 · 0 0

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