Seriously what you gonna do with such a huge amount of $$$?
2006-08-11 16:24:45 · 12 answers · asked by bikake 1 in Family & Relationships ➔ Friends
hire a plane..have it fly low and drop it all and be famous for making people happy and probably rich
2006-08-11 16:28:36 · answer #1 · answered by Anonymous · 1⤊ 0⤋
First, taxes would be taken out so you would get about half of that money. Then, I would put half in a savings account and live off of the interest. The rest would go into my checking account. I would buy myself a beautiful home, then have one built on a piece of land I find and love. I would buy myself a convertible and a SUV--that's just for me, not for my fiance! lol I would have brand new furniture in my new home and trash the furniture I have now, except for the family heirloom pieces I have.
Then, I would buy my best friends son a home and car, and give him some money. Then pay off my best friends home and give her some money. Then make sure that my fiances girls (all 3 of them) have accounts with plenty of money for their futures. Then I would give money to a lot of my friends and family, making sure that they had nice homes and cars as well.
Then, after all of that is done, I would go shopping, probably every day, until I get everything I want or need. Shopping is one of my favorite things to do, so can you imagine how much of it I would do?
Then, I would fly to other countries, especially Paris, France. I would also go to Hawaii for a vacation and then get a huge semi-motor home (have it made). My fiance and I would take the thing all over the USA and see all the places we want to see and do all the things we want to do.
Can you tell that I think about this a lot? lol
2006-08-11 23:50:05 · answer #2 · answered by honey 6 · 0⤊ 0⤋
Well, 1st i take a look at the numbers, and do the math. If you're over 45, go lump sum, otherwise, annuity. I choose the 30-yr annuity option.
So i'm taking in 3.33M a year. Now then, after the feds 25% (2.5M left) and the state 7%, i've got a got about 2M left annually.
Nice grease, more than enough to live on, and so i seriously start thinking about finding my "dream job." There is no way i'm not working. (For me, i'm off to be a summer seasonal national park ranger and winter in the islands as a sailboat charter captain. Perhaps on an off year, i'll stay home on the organic farm and give college and urban kids a chance to see what growing their own food is like. )
In the first year of my lotto check, i pay off debt (mine, family, 25 closest Friends), make those same people as comfortable as they desire, and take the rest of the year to get my affairs in order. I also give 2 weeks notice at my current job.
Year 2: i start working my dream job scenario, by a farm on the south side of a fertile slope and move there. Sometime that year i start work on restoring a 40'+ wooden sail boat i'll buy for Dad.
Year 3, i set up charitable trusts for may alma mater, urban kids, rural poverty, disease research, inventor/start-ups, and scientific study.
Every year there after when i get my lotto check, i automatically:
- invest 500k in my personal investment interests (Worldchangin.com, real estate, solar cells, alternative fuels, 3rd world infrastructure, the "$100 laptop project", science museums, space exploration, whatever)
- invest 500k with a real financial planner (i'm not one)
- spend 500k discreetly helping other folks with their own dreams
- add 500k to those charitable trusts i set up years ago.
- reserve 20k to take somebody who needs to get away on a life vacation for a month
(This plan is essentially the same with slightly altered timelines for any potential windfall over 1M.)
2006-08-15 12:03:17 · answer #3 · answered by iggynelix 2 · 0⤊ 0⤋
I have 5 kids and divorced, i would do alot with that money. I would first buy a 6 bedroom home. Buy a new wardrobe and then save the rest for the kids future and rainy days.
2006-08-11 23:46:39 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Send my grand children to college. Buy a Toyota PJ Cruiser. New furniture in same old house. Fix my lawn up nice. New clothes, new man, etc, etc I enjoy the simple life.
2006-08-11 23:31:25 · answer #5 · answered by Jacks036 5 · 0⤊ 0⤋
Quit my job. Purchase a beautiful home. Invest some. Build a home for the mentally ill. Not an institution, but a home.
2006-08-11 23:28:44 · answer #6 · answered by Kim 5 · 1⤊ 0⤋
Take care of family first then set up an education fund for poor kids that cannot afford to go to college.
2006-08-11 23:33:23 · answer #7 · answered by leyte6519 3 · 0⤊ 0⤋
pay off my bills, buy a home for myself and my parents, hire a nurse to take care of my mom, pay for my tuition to a good school, buy two cars for myself (one selfish thing, i'd want another one!), open my own business (child care and private school), pay my parents' bills, put my son in private school, open a homeless shelter/soup kitchen in DC since the homeless population is so high, donate to charity.
2006-08-11 23:35:16 · answer #8 · answered by mizz_kitty_79 3 · 0⤊ 0⤋
Secure my kids future and get my parents set up for their retirement with no worries. And buy myself a new car.
2006-08-11 23:30:15 · answer #9 · answered by penny12899 2 · 1⤊ 0⤋
Help the poor in my country and also invest and help develop it........I am serious, I always wished I was rich 2 do that
2006-08-11 23:58:30 · answer #10 · answered by Jachica 3 · 0⤊ 0⤋