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2006-08-22 11:35:07 · 27 answers · asked by pistol 2 in Business & Finance Personal Finance

27 answers

I would first see a financial adviser and a lawyer and get my estate in order... I would pick the way that gives me the most money and the least taxes and then create a charitable trust...
this would give to some of the assorted service agencies & help as many people as I can to as least get to be some better off... I would travel and combine the travel with the work of helping people.
I have always wanted to be a philanthropist.
I would also fund research on curing ovarian cancer

2006-08-22 12:24:06 · answer #1 · answered by surfnsfree 5 · 4 0

Before collecting or making it public, I would put most of my stuff in storage and vacate my house, to make it harder on the panhandlers and opportunity seekers. I would let my parents and siblings prepare for some degree of the same, from the fraudsters who were were a little more resourceful. Talk to a reputable lawyer and a financial advisor. Then, I would collect.

Of course, I would pay off all my bills, the house, and the car. Hire a realtor to sell the vacant house. My parents, siblings, uncle, and a couple of close friends would receive some generosity. Donate to the local library for a new building, as I volunteer there, and our community food bank. Probably donate to a couple of medical research organizations which have personal meaning to me. Then, I would leave town to travel a few months until some of the hype died down. Coming back, I would probably move about 150-200 miles south to a hill country area of the state I really like. Rather than an extravagant house, perhaps a ranch style one on about 50-100 acres. Probably get a new Jeep and sedan, but nothing fancy. Beside traveling occasionally and continuing to volunteer, I would enjoy my newfound freedom to better my health and enrich my life with quality experiences. Making more time for hiking and camping would certainly be a plus. :)

2006-08-22 18:52:55 · answer #2 · answered by Joe D 6 · 1 0

Laugh like a drain for a few days.
Panic for a couple of weeks thinking it can't be true until the cheque cleared.
Clear off all my crummy debts.
Buy a small house with a big garden and get some hens and a new allotment and a green house.
Go dual chip. Treat myself to a decent hi fi and a camera.
Start my own business and website. Train and employ a small team to get people off the dole.
Put my son through college and get him started.
Put enough money away so I never have to worry about another bill again.

2006-08-22 18:58:40 · answer #3 · answered by sarah c 7 · 0 0

No one would find out. I would build a fake business website and pretend to have earned the money. That would stop my friends turning into spongers - and they would. It's human nature.
I would slowly raise the standard of living amongst my family in accordance with a successful business.
Then after a certain amount of time I would 'retire' and enjoy the money with my family and friends.

2006-08-22 18:45:59 · answer #4 · answered by Rich N 3 · 3 0

First off, I would donate a portion of the money to a charity. Not only does this help someone else, but it is also tax deductible. Then, depending on how much it was, I would buy myself a house.

2006-08-26 16:20:41 · answer #5 · answered by jmiller 5 · 0 0

Take a one month trip to Paris, France! After that, go on a shopping spree! Then donate the rest to an orphanage to help those poor little children:(

2006-08-22 18:37:32 · answer #6 · answered by Anonymous · 0 0

initially - long cruise to think what to do with it - nothing else just send me the interest for the 1st year or so.

buy the kids a flat each, that way they have some capital to use for buying a house, but still have to work to achieve it.

so, let me win and ask me again in a year

2006-08-23 11:20:34 · answer #7 · answered by alatoruk 5 · 0 0

First, I'd quit my job. Then, I'd travel for a while, shop and relax. Then, I'd go back to school and maybe meet a nice guy and have a family. But other than that, I wouldn't plan too much out.

2006-08-22 20:16:19 · answer #8 · answered by JKM1971 2 · 0 0

I would buy a subdivision with 8 to 10 houses on it and move in my family and my best friend and surround myself with those I love.

2006-08-22 18:38:41 · answer #9 · answered by Stacy R 6 · 1 0

I'd have people who ask pathetic Questions like, "What would you do if you won the lottery?" put on an island some where so they could all enjoy each others company!

2006-08-22 18:45:44 · answer #10 · answered by stand@btinternet.com 3 · 1 4

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