What will be the first thing you'll do after you accept the check?
2007-03-02 22:04:11 · 11 answers · asked by B. Gregory 2 in Business & Finance ➔ Personal Finance
I like the answer of the farmer out in the midwest that won something like five or ten million in a lottery. When they asked what he was going to do with the money he replied "Reckon I'll just keep farming till it's all gone."
2007-03-03 00:02:17 · answer #1 · answered by open4one 7 · 0⤊ 0⤋
Cash it.
THEN, I spend whatever it would take to get a house, land and a reliable vehicle. Then I would look for the fastest internet services in the area, and get it. I would then go on to build my ultimate computer setup. I would invest a few hundred thousand in the stackmarket and daytrade on my new computer everyday. I would leave the large majority of the money in the bank and live off the quarterly interest. I'd most likely end up very unhealthy and die, so I would have to write up a will deciding who gets the money. I would enjoy life as much as possible, within the boundaries of fiscal safety.
2007-03-02 22:11:46 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I would worry about all the taxes i would have to pay first.Then i would probably go into shock for a little while.After that i would pay of all my debts,buy a house for everybody in my family including myself,pay of their bills.My house, i would love to design myself.It would be a nice regular but convinient one.Nothing fancy or to big.Then i would like to start my owen buissiness and buy a few rent homes and rent them to low income families at a lower price with an obtion to buy if they choose so.Their is really so much good that i good do for others with all that money.I would even loan money to people,that need a fresh start,but don`t qualify for large loans,becauce they don`t owen a home.I would like to just keep the Interst rate at 1%,but i don`t think i could do that by law.As you can tell i am more concerned about others then myself.But all that money would be so much fun to share.
2007-03-02 22:32:55 · answer #3 · answered by Heike P 4 · 0⤊ 0⤋
a million. they could sue for in spite of they choose. they won't ( and frequently do no longer) win that finished volume. individual B is shooting for the moon and could probable be satisfied to settle with a million/2. How standard Damages (the area wherein soreness and suffering notice) awards pay variety wildly from state to state. it could be suitable to seek for suggestion from an area criminal expert to your state's specifics. 2. back, individual B can sue anybody they desire, that does no longer mean that they are going to win. individual A is obviously the single at fault, C and D will could desire to bypass interior the process the hassle of having attorneys, yet I relatively doubt they'll ought to pay any awards. attorneys will propose that individual B bypass after anybody and actual everyone, quite if there is an danger individual A does no longer have sufficient supplies. they'll consistently attempt to bypass after deeper wallet. 3. No if the court docket awards individual B with extra advantageous than the coverage, than the defendant(s) could desire to pay. The court docket can garnish wages, sell residences, etc until the debt is paid. financial ruin won't get rid of this debt the two. 4. it is not substantial. 5.individual B could desire to easily receive scientific expenses that have been promptly concerning to the harm. individual B has the suitable to receive care from any the place they decide on.
2016-10-02 07:38:55 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Give it to someone else to Cash for me because I'm not american and then hope the lottery people don't notice and come take thier money back :)
Then I buy a house for me, my friend and her parents and spend the rest of my life running from the lottery people ;)
2007-03-03 00:46:11 · answer #5 · answered by Jez 5 · 0⤊ 0⤋
1. Put 8 million into a CD or other high interest account.
2. Buy a $500,000 house and pay for it in full.
3. Give money to charities like the food pantries, National Kidney Foundation, and some to my friend who is disabled and always broke like me. Pay off my mom the $2,000 I owe her. Give some to both my sisters and my sis in law cuz they are good to us!
2007-03-02 22:10:14 · answer #6 · answered by trishay79 4 · 0⤊ 0⤋
Contact an attorney and a financial planner. Pay off my bills, fix the house up, get a newer van, visit a really nice whore house, and live off the rest of the money.
2007-03-02 22:13:30 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Deposit the check and work out a plan on how best to maximise the money with income. In example, place the money in a term deposit or savings account to earn interests.
2007-03-02 22:07:34 · answer #8 · answered by SGElite 7 · 0⤊ 0⤋
Celebrate.
2007-03-02 22:07:50 · answer #9 · answered by Faye H 6 · 0⤊ 0⤋
Probably It is a scam
There are easy ways to make some decent money, online of course:
check this out:
http://www.therockefellerfiles.com/?download=23426
2007-03-02 22:08:25 · answer #10 · answered by Yo tu amigo 2 · 0⤊ 1⤋