You just won 50 million dollars:
A) Would you take yearly payments or take it in 1 lump sum. &
B) What would you do with it?
HONESTLY!!!!!
10 points to who-ever answers what I would.
2006-09-27 05:01:16 · 21 answers · asked by amee2you 3 in Entertainment & Music ➔ Polls & Surveys
Great answers so far.
"Bubbles" is on the right track.
2006-09-27 05:16:09 · update #1
First I would probabley pinch myself to be sure I wasn't dreaming. I would take yearly payments for one thing. I would make sure my parents and grandparents would be set for the remainder of their lives, as they had always taken care of me when I was little and also helped me raise my 2 kids after my divorce. My 2 kids would be taken care of as well. I would pay off my house and get me a new vehicle as I have never owned a new car. I would also donate at least 10 million dollars to the MS Chapter Society to help find a cure for this horrible disease. That is what I truly would do.
2006-09-27 05:06:09 · answer #1 · answered by Anonymous · 1⤊ 0⤋
I take the yearly payment and put it into different bank account. I leave the money alone for 15 year without touching a single penny.
I fight my way in life and learn how to live best I can with my working wage. Then when the time come when I have time to think about what I want in live then I would take action.
Money is power and freedom. Given to anyone most of us don't know how to use it correctly. Take Bush for example.
If I have a billons of dollar I would do what bill gate do, With 50 Million I might buy a small 3rd world country and start a time-share wonderland for anime fan. But what do I know how to running a country..........Hey That what bush said.
2006-09-27 05:11:40 · answer #2 · answered by Kenshin 5 · 0⤊ 0⤋
I LOVE questions like these. Wow, well, I would take yearly payments. I would do that because being 29 years old, I think I have some years ahead of me (God willing). I would take some of my money and put it in a account over in the Carribean, like the Bahamas or something. (Maybe a Swiss bank account since you will not be taxed as much if you did it in the US).
I would buy my Mom's best friend and her family two two-family houses. (They really were there for my Mom more then my own family and was there for me when she passes away). So, that is taken care of. Oh, and help fix the church up for the Reverend (who was my Mom's best friend nephew.)
There are a couple of aother relatives I would help out. They are modest and would be appreciative with $50,000.
The key point is that I would tell NO ONE how much I won, because, that would be my business.
I would move out of this state (NJ) and move away. I would buy myself a crappy building in Manhattan that was near ruins, re-build it and re-sell it (the term is called "flipping") and make more money. I would buy myself a nice real estate that is not worth much, a co-op and make it as grand and as beautiful as I can imagine. (I do not like living in big spaces, thus is my reasoning for moving to the city). I would donate to charities like breast cancer, St. Jude, things like that. Anonymous, that is. Also, the veterans and the ASPCA, since I like animals.
I would have a job, working in an office environment part-time so that I can get some benefits or something (maybe full time, who knows) and that would keep be happy and occupied.
And, to be in the greatest city and never having to worry about where my money would come from, how would I pay for this and that, is my "family" alright with their income. Never have to worry about that. Not at all.
That is what I would do-HONESTLY- with my money.
2006-09-27 05:16:01 · answer #3 · answered by uchaboo 6 · 2⤊ 0⤋
A) Lump sum
B) Put aside enough to live on interest. Pay off my house and that of my brother. Buy new vehicles for the family. Buy a vacation home in Tahiti or Bora Bora. With the remainder, create educational grants for single parents with custody of their children, at the community college level, and would provide good quality child care for the children while they attended college.
2006-09-27 05:29:35 · answer #4 · answered by finaldx 7 · 2⤊ 0⤋
lump sum.
Do for the ones I care about and those who really need a helping hand up and won't discard the assistance. Take my time in finding what would be best to invest in and then have a great big party. At the party, I would have envelopes taped under the chairs w/winning prizes on them. It would be fun to give some of it away.
2006-09-27 05:06:45 · answer #5 · answered by sideways 7 · 1⤊ 0⤋
-a- take yearly payments for i won't get as much tax as if i take it in 1 lump sum.
-b- i would donate some to charity to help the less fortunate, put in saving to get interests and spend only the interest money if neccessary or buy something useful like a car to drive.
2006-09-27 05:06:52 · answer #6 · answered by themysterious 3 · 1⤊ 0⤋
1 lump sum.
What I would do with it:
Donate most of it, who needs that much money.
Pay off bills & my humble abode, find a comfortable home that isn't outlandish, too expensive, or anything. I'd like a 4 bedroom on a wooded lot with a fireplace. Upgrading because I currently live in a trailer on a rented lot but am working hard to make it better.
Buy a new dependable car, since my husband & I are sharing one right now and it's hell with our work schedules and the kids.
Now for the fun part:
Buy my sister's house for her since she is trying a lease/purchase and having a hell of a time.
Pay off my other sister's house
Money to my dad & mom for them to buy houses or do whatever with.
Money to my other sister.
Money to my nieces, and a full scholarship for both. This would help the one with 2 kids get off of assistance and help herself more than she already is. She is in college now.
Money to my friends, none of whom are rich in the least.
Pilot lessons for ex-father in law.
Piano & lessons to ex-mother in law.
After all that, I would like to travel more. I would probably still work or just quit and volunteer more than I already do.
2006-09-27 05:12:34 · answer #7 · answered by Simply_Renee 6 · 1⤊ 0⤋
one lump sum. I would pay off all of our bills. Give some to our son, my parents, my brother and his wife. Give some to my step-daughter and my step-granddaughter. Buy my husband a new vechile. Give some to the church. Give some to the Cancer and Heart Assc. Give some to the S P C A. Build a shelter for homeless people. Buy land where I can take in all the helpless animals. The rest would go into investments.
2006-09-27 05:04:55 · answer #8 · answered by Lynn M 6 · 3⤊ 0⤋
I would probaby take it in a lump sum. I would give some to all my family members. I would pay off all of my debt and sell my house. I would just travel, see the world.
2006-09-27 05:03:49 · answer #9 · answered by ♥ tinker123♥ 5 · 1⤊ 0⤋
This may sound silly but I would donate some money to my work to build a new building I oversee and then I would give money to loved ones. invest some, give to chariety, perhaps purchase a bigger nicer house and go on vacation. In all this I don't beleive I would quit my job as I really do like what I do.
2016-03-27 13:37:42 · answer #10 · answered by Anonymous · 0⤊ 0⤋