EPTAnyways, it got me thinking. If you guys won the lottery, what would you do with the 6.5 million dollars? Would it be spent on lavish things such as nice cars, boats, and a house, or would you be one of the conservative spenders? Maybe invest it? I'd love to hear what you guys would do with that much money.
What would you do if you won the Lottery?
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Kenny
United States678 Posts
Anyways, it got me thinking. If you guys won the lottery, what would you do with the 6.5 million dollars? Would it be spent on lavish things such as nice cars, boats, and a house, or would you be one of the conservative spenders? Maybe invest it? I'd love to hear what you guys would do with that much money. | ||
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cava
United States1035 Posts
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D10
Brazil3409 Posts
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InToTheWannaB
United States4770 Posts
On November 25 2009 02:22 cava wrote: I would buy a nice house, a nice car, and a great home theatre system and then just live the rest of my life care free. +1 It does not take alot too keep me happy lol | ||
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XsebT
Denmark2980 Posts
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kidd
United States2848 Posts
Watch your friend to see what happens to him because it is really hard to stay on a schedule that will prolong the money instead of just blowing it on drugs and other crazy things. | ||
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lone_hydra
Canada1460 Posts
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B-612
Canada33 Posts
I know the statistics are out there somewhere so I'll avoid a hard number here but most lottery winners burn through the money really fast, if you get to talk to your friend again try to impart the wonder of the special the gift he has; he can live modestly for the rest of his life or live extravagantly for a few years. | ||
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johanes
Czech Republic2229 Posts
On November 25 2009 02:33 kidd wrote: From what i've read most people who win the lottery actually end up addicted to hard drugs and eventually bankrupt and have nothing. There is actually a lot of people who regret even winning the lottery in the first place. I remember watching this show on CNN that gave some ridiculous high percentage of people who actually were worse off after wasting their winnings as well as their own money who were all winners of large sums of cash. Watch your friend to see what happens to him because it is really hard to stay on a schedule that will prolong the money instead of just blowing it on drugs and other crazy things. its not like win = death by drugs, it depends a lot on the person. But psychologists actually suggest that if you win you shouldn't change anything drastically in your live, just continue with you school/job and only slowly use the money to ease your life. | ||
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Ecael
United States6703 Posts
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Fontong
United States6454 Posts
Come to think of it, when you have a cool 5 million bucks, so many things are cheap. Like massive plasma screens and car insurance. And eating at chinese restaurants, ect. I think it would still take a bit to break my money saving habits though. | ||
motbob
United States12546 Posts
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meeple
Canada10211 Posts
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Hypnotikdel
United States333 Posts
I think a lot of the people that win the lottery quit their jobs which is a huge mistake. "I have millions of dollars now I don't need to work anymore" is surely a mindset that plagues younger people that win the lottery. That is probably why so many people end up worse after they win the lottery than before. | ||
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Fontong
United States6454 Posts
LOL just 1k a pop | ||
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So no fek
United States3001 Posts
From that, I'd buy a house, nothing too expensive, but a decent enough house that I'd have a spare bedroom or two, in case I ever had company over, and that I wouldn't outgrow it too fast. I'd continue my education. If for whatever reason I were to lose the money, I'd want to be able to do something that I'd be able to live comfortable, even without the money. I would take some, maybe no more than 5-10% of the post-tax lump sum, and take a vacation, buy a car, splurge a bit, whatever. I'd put a bit in a normal checking account, then stick the remaining 60-70% into different savings/investments. | ||
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icyF
Finland305 Posts
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Boblion
France8043 Posts
Also i think i would completly stop my studies ( or start to study something REALLY interesting and not something that gives job opportunities ) and give some money to my bro and help him to buy a house and parents ( for their second house ). Maybe i would buy my own house too xD Also i would probably move somewhere else because my country is run by idiots and because taxes are ridiculous. And i would definitly invest my money. | ||
Xxio
Canada5565 Posts
I wouldn't do anything differently in life, 6.5million isn't that much, really. Just have some more monies so play around with. | ||
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besiger
Croatia2452 Posts
And once the investment moniez come rolling in buy a tropical island !! | ||
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