What should I spend my $37,000 LOTTERY WINNINGS ON?

Question

I have a car and house. What would benefit me the most?

Answer 1

ME! That's my going price too - who would have thunk it!

Answer 2

Congrats!!!
First of all on your winnings, Now after they take the taxes, that they do, If it was I, I would first of all pay off all of my debts if you have any and or your spouses' debts if you have one, and then there is the fact that you may have children and they are also a good investment, like putting up something to start an savings for college or something, and then if there is some left you can always get an account to help you to make some investments so that your money can work for you instead of you working for it.
I hope you the best in all that comes your way, just remember what goes around ,comes around so be good to others and they will be good to you.

Answer 3

Put it in a CD. Interest rates are up and chances are your money will do better here than in the stock market or anything else. Everbank (www.everbank.com) has the best-yielding rates I've found. At 5.40%, if you get a 5 yr CD, $37000 will make $11439. That's quite a bit of money! Then at the end of 5 yrs the housing market will probably have slumped. If real estate is down then, you can use that $48k to buy a real estate for investment.

Answer 4

Set aside $1000 as "play money" to buy yourself something you really want, but never could afford, like some tickets to a special game, new tools, a great leather jacket or whatever interests you. Take the rest and invest it in something that will give you a long-term return - like a brokerage account or CDs at the bank. Don't forget to set aside something to pay your taxes next year on the windfall you got on the lottery.

Answer 5

Trying investing. If you need a good sight try prosper.com. These are people helping people with loans, you could earn up to 23% interest rate on your return, you probably don't want to invest all of it but some woud be good you would end up with more in the long run. If you need more information you can email me [e-mail] This is a great sight.

Answer 6

My advice: pay the taxes on it on put it away for 5 really awesome vacations over the next 5 years. You could (literally) see Europe, South America, Central America, Africa and Southeast Asia with your windfall. Or wherever you want to travel for that matter. And those are experiences and memories well worth adding to your memory banks (trust me on that -- I've seen them all).

Or you could get a slammin' Camaro and a long weekend with a high-class whore down at the Jersey shore. That's what my white-trash cousins would do.

Answer 7

Maby you could give it to a childless deserving or I saw the Ron Clark story the other night if you do a search on him, he just opened a school and are looking for help purchasing some items perhaps you could help someone other than yourself. And good job on winning

Answer 8

Put it in a CD and save it for retirement!
Buy some real estate to flip
see a financial advisor to show you where to invest

Answer 9

Spending it on me of course - that would make BOTH of us so happy! First thing you should do is pay the taxes on it and maybe the second put it into a CD!@

Answer 10

Good GO on winning.I would do some studying for a proper investment and watch your money multiply.Don't get too greedy before you lose it all.But do your research first.

Answer 11

Helping me get a few outfits for my daughter for school.. She is 4 and starts Head Start on September 4th. She also needs a backpack...Thanks.:)