what would you do if you hit the lotto?

Question

oh my god the lotto is up to $300,000,000 and you hit what would be the first thing you would do

Answer 1

Well, I don't owe anything so that's out. And although new cars and stuff sound great, my old one works fine. I would probably hire a cleaning service though, as I hate to clean. And a new recliner would be nice.

I would see a financial specialist and also an attorney and make sure trust funds were set up for the important people.

I would put the money in simple interest bearing accounts and some in long term cds (in other words, safe investments). I would also pay off my siblings houses.

At even 5 percent interest 150 million would give you 7.5 million a year in interest income. That's over $20,000 a day to live and spend.

I think I could easily live on 1/10th of that and have all I could ever dream of. So I would set up 9 other trust funds to give the interest money to 9 charities equally

Answer 2

1a. Give a tenth to a charity such as Feed The Children
1b. Avoid any new friends and family
2. Pay off my parents' second mortgage
3. Pay off my student loans and bill collectors
4. Get my grandmother out of the nursing home and into her home with round the clock care
5. Go on a vacation to Kentucky(where grandma is), then to Arizona, Egypt, Japan, Uganda and who knows where else
6. Fix up my '95 Nissan Altima GXE and buy new vehicles for myself and my parents
7. Last but certainly not least, thank God and live life to the fullest. . .although I try to do that anyways even though I am near broke. . .
(smile)

Answer 3

First off, I would pay off both our vehicle loans. Then I would invest some of the money into an IRA for later in life. Next, I would put a significant amount of money into a high interest bank account to accrue interest so we can buy/build a house when my husband finishes his time in the military. Lastly, I would set up a cushy trust fund for our son. I would divide the remaining winnings between replacing all the things we own that we need to replace.

Answer 4

First I would pay off all my student, mortgage, and car loans. I would then sell my house and build the house I have always wanted.
Secondly I would pay off my grandmothers, and parents vehicles and mortgages so they have nothing to worry about.
Third I would buy my father, 2 brothers and sister a better vehicle.
Fourth I would put $ in different accounts so that it is not all in one place.
Fifth I would take a year off of work and travel to all the places I have always wanted to go.

Answer 5

a million. discover a thank you to get my spouse a sparkling kidney. 2. Take the babies to Disney for 2 weeks. 3. help friends and kinfolk. 4. purchase a sparkling abode interior the suburbs. 5. Get my spouse the vehicle she's continually needed. 6. pay off all of our money owed.

Answer 6

Buy my parents a new house, buy my brother a good car and set up a trust fund or something to help him get buy, and then I'd buy/build myself a new place to live, and maybe quit my job and do what *I* want to do, for a change...

I'd also give some to the church/charities I believed in.

Answer 7

Pay off debts, dole out set amount to relatives & close friends, donate 100,000 to local animal shelter for new facility, donate enough to build new charitable christian clinic for the one I volunteer time for, buy pimped out rv to tour the country for awhile and RELAX until going back to work.

Answer 8

Shopping Spree!!! I'd Move DownSouth, buy both my parents new cars, and hook the rest of my family up; save some for college, and go one ALOT of Vacations!

Answer 9

Hide from my relatives.

Answer 10

file for divorce.