What would you do with $50 Million ?
2007-06-13 19:46:01 · 41 answers · asked by AUNTY 3 in Food & Drink ➔ Cooking & Recipes
I don't think any of really know what we would do. We all can only speculate what we would like to do. I would hope that I would handle it well and make the right choices on how to spend some, save some and donate back to the charities that helped my family when my son had cancer. But for now I can only dream of what it would be like.
2007-06-14 10:45:15 · answer #1 · answered by Teresa A 3 · 2⤊ 1⤋
first uncle sam would take half so what would i do with 25 mil. pay off all my bills, get my mom out of debt. fix my truck. get a hair cut. invest the rest in some lower risk investment that has a less risky return. the anual payout from say a 3% return on 24 mil would be much more than i would need. find a good woman set some roots never work again. raise some kids have a wonderful life living within the means provided by that 3% return. i might be able to live off of the 720,000 anual income, not sure though. lol. there are sopme cherities that i would help out. boy scouts, girl scouts, habitat for humanity
2016-05-19 23:50:16 · answer #2 · answered by ? 3 · 0⤊ 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.
2007-06-20 11:03:04 · answer #3 · answered by BAL 1 · 0⤊ 0⤋
I am a little different than most. I have travelled to Africa on a mission trip so I have seen true poverty.
I need NONE of the money for myself. With that kind of coin, a lot of GOOD could be done - I would build hospitals and clinics in Africa, hire good medical staff and make sure that NO child EVER went to bed hungry or without medical help
God has blessed me very richly in my life
2007-06-13 20:41:40 · answer #4 · answered by Anonymous · 2⤊ 1⤋
Dream : ON.
I`d first made sure that i had really won - ie, the money is in my bank.
Then i`d pay all i owe, debts, loans, etc.
Set up studyfunds for my nephews and niece.
Set up a bankfund for myself for $10 mil.
Treat the family to a three week vacation in Disneyworld etc.
Help a missionary friend in South Africa to get his work set up.
And pray hard about what to do with the rest.
2007-06-19 22:40:56 · answer #5 · answered by U_S_S_Enterprise 7 · 1⤊ 1⤋
Tithe of the top, save 10mill for myself, give my mom 10 mill, give my sister 5mill, btother 5mill. Help out all my friends, start a business. Help out certain family members who i knew before I got the weatlh. Ensure that my future children wouldn't have to pay for college, buy a LAMBO,and go shopping. Finish my degree and Live on 30,000 dollars a year allowance and work.
2007-06-19 21:01:19 · answer #6 · answered by Roger B 3 · 1⤊ 1⤋
Several things:
1) Pay off student loans. I have about $80,000.
2) Pay off mine, my parents, and my siblings debts. (Inculdes mortage)
3) Open 2 Trust Funds with 200,000 in them for future children.
4) Research different types of investments (banking, real estate, stock) and place money in one.
5) Off Shore Account for money, Swiss etc.
6) Family Reunion with both sides of family.
7) Finish my Masters degree, and pay for my brother and sister to both get Bachelors and Masters if they so choose when they reached the age.
8) Support by donation & time a volenteer network for Wolves in North American, HIV/AID/Children in Africa, and Child Health Care in USA.
After that? Who knows.....
2007-06-14 04:57:46 · answer #7 · answered by Anonymous · 1⤊ 1⤋
Pay off all my bills, buy my family all houses and cars...deposit the rest in the bank and invest. I would also share some money with family and friends. Buy myself a bug house for me and all my friends to live in...
2007-06-21 15:55:34 · answer #8 · answered by sekalyma 4 · 0⤊ 0⤋
the first thing you should do is ....... run me a check for 3millions just make it out to j.williams ;).
just kiddin' --- first i give 10% to the local churches of my choice , get a accounting someone who can help you mange your money in a good way . set-up a bugget for my self . like place 25millions dollar to aside this would be money i would'nt be able to touch, and 10millions to the businesses i'll open to keep the money renerateing in my house hold. 10million in living , like houses , cars, clothes for me and my baby's and i guess just live my to the fullest.-----p.s. dont be stupid by buying drugs or something dumb like that , you should watch the "lotto curse". ----- good luck
2007-06-21 06:18:03 · answer #9 · answered by puddin in ohio 2 · 0⤊ 0⤋
Invest half in the development and management of a new type of school focused on providing vocational training for individuals in our nation who don't possess marketable skills, need a leg up and are living on government assistance.
2007-06-19 14:38:24 · answer #10 · answered by B 5 · 1⤊ 1⤋