You just won $315 million, $105 million after taxes, what would you do?

Answer 1

Pay off any and all debt, then invest it in conservative safe investments.

Then I'd life comfortably the rest of my life off the capital gains and leave the principal alone.....

Answer 2

I would take the annuity payment. I want to have an income of $10-11 million a year. Most people who take the lump sum end up broke after a few years. That way if I get a little wild I will have another check coming. I would definitely travel and invest the money in real estate and stocks. Every year I would go to Las Vegas and try to win a bracelet at the World Series of Poker. I wouldn't be too extravagant, but I would never fly coach again.

Answer 3

Well, first I would get rid of ALL my debts: $100,000. I would buy a new car, nothing too fancy probably a Toyota Highlander Hybrid. I would buy a beach house (energy efficient) in Maine and also California. I would help my parents and closest friends with their debts. I would buy my dad a new car. I would travel to many different places: the UK, Australia, New Zealand, Alaska, Hawaii, Greece, France, Spain, etc. I would invest some and save a lot. I would probably go back to school and get a job I can work parttime or own my business to continue making money. What I would want to do with it would cost about 5 to 10 million, and I don't want to be broke in 5 years.

Answer 4

I would invest some of it so that my great grand children wouldn't have to worry about too much, have some fun for a month or two travelling the world seeing the things that I thought otherwise impossible to see, set some friends and family up with new lives and after all that I would sit in coffee shoppes and listen to other peoples conversations and if it sounded like they were desperate and needed a new turn in life I would help them out, without asking for something in return. Or I would become some kind of loan person that under cutting all banks and high loan places helping people out that way any I still make some money doing it. Most of I wouldn't worry about too much!

Answer 5

The first thing I would buy is a house and new sofas (im in an apt now). Then, I would pay off all the bills I have now (truck and motorcycle). Then I would put money away for my son who is 3 to be able to get a car at 16 and college tuition - just incase he doesnt do well enough for a scholarship. The rest of the money I would put in separate banks since they can only put insurance on 100k I think. I would not quit my job because I want to keep my low cost (HA!) health insurance.

Answer 6

Take care of my parents, set up funds for each of my children, donate some workout equipment to my old high school (they're in need of it and I was a cross country runner), pay off our home loans, get rid of my suv and buy a used 2006 diesel manual jetta (to save on gas $$) and allow myself to get a massage once a month. The other money would be used to live a nice life for the rest of our lives- I'd keep it in savings and have a certain amount come to us each month. I'd also invest a lot as well; doesn't do any good just sitting there!

Answer 7

well I would let me bosses no that I would not be a employee of there's any more.I would give my car to my 15 year old daughter and Buy me a new F-150 and my Husband one also and I would then be surfing the net to find a General Lee car to buy my 11 year old son and then have a Married Son I would buy them a new house.I would pay off my house and Motor home.I could some to Charity like the cancer society in the name of my Best friend who died of leukaemia 2 years ago.I would do so much more ,But I would take a trip to Hawaii .

Answer 8

If I won this money I would not go overboard but help those close to me. Sure I would treat myself to maybe shopping spree and buy a new car and house but thats it. I would make sure my family is all set. Then donate some of the money to say maybe Darfur Sudan which they are need of some help or another country. You would get more reward not spending the money on yourself but helping someone in NEED.

Answer 9

Pay off all my debt, buy a house, take half the money to set up a non-profit boarding school for under privelaged kids and the rest set up an organic farm and low income housing for all my friends.

Answer 10

Put $100 Million of it in tax free municipal bonds that pay an average of 5% a year. (Net income: $5 Million a year/$100K a week) I think I could live pretty well on $100,000.00 a week.

Answer 11

pretty much anything i wanted to i guess! but really i would take care of family and friends,but first i would pay my tithes to church and donate a lot to charities close to my heart.and after some relaxation i would either start a business or set up a special charity for people of my own country,what i do not know i would have to pray about that and ask GOD to help me make the right choice.it would be great to be able to do so much for those i love and to help people truly in need.