Quick, wake up, you are just having a bad dream.
2006-11-04 03:22:46
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answer #1
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answered by Anonymous
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The first thing is to get a very good financial advisor and a lawyer who will guide you where to invest and where you can donate for tax purposes.
You may find friends and long distance relatives coming out of the woodwork. But to give it to closest friends and family would be a nice gesture if you are conservative, i.e., tax limits.
Change your phone number and only give it to the best of friends and closest of family. You will be receiving phone calls from all kinds of supposed and value charities, which the advisor will check out.
The best advise is to realize that many people who win large sums of money find that down the road, say ten years, they have no idea where it all went.
My best advise would be to only live off the interest and save the rest, after taxes, for that rain day. Then the lottery should las6t you a lifetime.
Congrats
2006-11-04 05:30:49
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answer #2
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answered by banananose_89117 7
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If you have any people that you want to keep around then drop a few bills on them.
Set up a company and make all your friends your employees! Cut each a check and say you would like to hire them for your company!
If you later decide to drop one, it won't that big of a deal! "Sorry! the company is Restructuring and your position is being done away with!" Want to reward one of your friends, give him a raise!
You will find out who likes you for your money!
Move to the richest part of the city or country, where you won't impress many with your sudden riches! You might even find some who will help! There might even be a modicum of security there, if you keep much of your winnings in your house!
Probably the most important thing that you could do is to get a manager(accountant) to care for your money pay your taxes. Maybe, help to show you how to use deductions and investments!
What ever you buy, make sure any major purchases are either appreciable(real estate) or deductible(donations).
If you have plans of being in the same neighborhood for a while, then I would suggest the former!
Talk to people in your same situation and use them for a sounding board!
Send Bill Gates an email, he should have a idea of how to live with the inadequacies of life!
Good luck!
2006-11-04 05:10:30
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answer #3
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answered by Anonymous
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first of all I think you r a day dreamer.
If I should WIN that kind of money,first of all I will thank lord hwo has sent me to this planet.And I should look around me hwo need any help like poor ones hwo can not afford a meal for the day.I will give them.I will search for the places there money is needed like a hospital,childcare,blind peopel care centers etc.Only the places there I can be sure that the money is used for good purpose. Human is born nacked and will return the same way.Only his work on this earth is counted.(Good Or Bad)
2006-11-04 03:40:33
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answer #4
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answered by ghreewala 4
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A House
2016-05-21 23:04:41
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answer #5
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answered by Anonymous
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well i did not win 14mil $..but my family are Billionires and we did not start out with all this money my dad worked his ass off, he opened up a buissness and the next thing you know the IRS is at are house asking us how we got all this money and we were like wht Money then they showed us the ammount of money in are account and the IRS let us go... so the first thing my dad did was take the money out of the account every single penny cuz the IRS wont leave u alone if u have alot of money in ur bank, so he sent 100,000 million dollers to my grandparents and my aunts and uncles. and the rest we had left was spent on a new house cars jewlry and a lot of other stuff. so my advice is DO NOT put and money in ur bank account and send some 2 ur family before u spend any
2006-11-04 03:27:12
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answer #6
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answered by mug_mugger2002 1
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i won one lottery, not that big but that was big one. first of i have paid my all bills all debts everything that i had to pay. then after, i put 50% of amount in bank as a fixed deposit, to make my future llife comfortable even in hard times. rest amount i have partitioned first i shared few amount with my friends i took them for a good trip and had a fun. second portion i bought lots of stuff for me and for my family. third portion i gave some money to my mother, she was not in need but she was happy to had that. rest i put in my pocket and i spent that slowly slowly as it required.
be remember a fool and his money are parted soon.
2006-11-04 03:26:15
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answer #7
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answered by GLADIATOR 3
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i think u shoud giv a coupl 1000 to ur CLOSEST family members and maybe friends. the first thing u shoud buy is a nice hous. make sur u keep all ur money in banks
2006-11-04 03:24:02
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answer #8
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answered by revuino 1
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I would hire a financial planner who specializes in large lump sums. That person can show you how to protect your assets and find the best way to take care of taxes and such.
2006-11-04 03:29:48
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answer #9
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answered by tsopolly 6
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Keep a million for yourself dude and burn the rest it will only bring you trouble. or give it to Bush so he can buy a holiday home in Iraq.
2006-11-04 06:21:28
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answer #10
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answered by Anonymous
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send some to me i play the stockmarket i will get you 20%return on your money in a year so how much can you send. my address is 104 haller st. lima ohio 45801 thank you
2006-11-04 15:23:47
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answer #11
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answered by gopher 2
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