Weekend Open Forum: You win the lottery - what happens next?

[turismozilla]

I would move my family to a country with higher measured average levels of happiness.

 

[tipstir]

My TOP TEN List:

1.) Turn thermostat up from 60 to 70 degrees (I kid you not... in NE Ohio, currently -1 outside)

2.) Replace my 2006 home-built computer (Intel Core 2 Quad Q6600, 8 GB RAM, NVIDIA GeForce 8800 GT OC 512MB) with fastest computer I could build (maybe buy it, but hate how companies like Dell limit access to some mobo settings and think they probably do that to Alienware Gaming PCs too, and also hate crapware they install on it)

3.) Upgrade TV from 37" to 70 - 80".

4.) Get off Obamacare


5.) Get brakes and radiator leak fixed on 2nd car.

6.) New shingles on roof next summer.

7.) Support charities my dad used to support when he was alive. (You do realize that these so called charities are so corrupt today. Why do they need a CEO and why only 10 to 20 cents on the dollar goes to the persons they're trying to help with the money.

8.) Share with siblings / friends

9.) Lock the doors and get new unlisted phone number

10.) Get a gun or two

 

[Hexic]

Hookers and blow.

 

[Squid Surprise]

All about upgrading
1 Upgrade to a bigger house - not mansion-size, but large enough to require a full-time person to maintain (I'd never have to scrub a toilet again!)... And have enough rooms to house my Lego, Transformers and other "collectibles" (when you're rich, they're no longer toys )

2 Upgrade my car - nothing crazy, a nice Lexus or something comfortable to drive, but easy on my back... An "old person car" - no Porsche or Ferrari necessary.

3 Continuous upgrading of my various tech. New top-of-the-line PCs every year (or whenever something new comes out - like new CPUs, GPUs, etc... New iPad, iPhone every year...

4 Work a bit less.... I'm a teacher, possibly go halftime.... Love what I do though, so would see about that...

5 Invest, give to charities....

 

[treetops]

1. Get an hour of massage. My backs been hurting.

2. Get the hell out of the city.

3. Give each of my siblings a million each. 10k to every other family member.

4. Learn to surf.

 

[ET3D]

If I get told I won the lottery, I'd naturally assume that it's a bad practical joke, considering that I didn't participate.

Really, I stopped thinking about that kind of thing 20+ years ago. I think small, occasionally entering hardware giveaways and thinking what I'd do with them (for example if I win a RAM kit I'll build an AMD PC around it).

 

[MaXtor]

 

[wiyosaya]

Full payout spread across multiple banks. 10% becomes general purpose money (bills, toys, charity etc.), the rest goes into various investment vehicles, businesses, and I hire a team of tax specialists and financial managers to setup trusts for current and future family members while reducing future taxes to the greatest extent possible.

Easy question to answer.

Pretty much this except I equip and work in my own scientific lab, and quit my day job.

 

[dkupy]

#1 depends how much I win - then I'll have a plan for savings.

#2 My houses are already paid off and I keep $0 credit balances so I'm putting the money right into a high interest earning bank account. Sure stocks and bonds can earn more over time, but they can also lose money over time while the FDIC ensures the money. I already got stock shares and cryptocurrency.

Therefore, I refuse to risk it.

#3 Lamborghini Aventador SV with a custom wrap over pearl white paint. (or silver)

#4 Jeep Trackhawk

#5 McLaren BP23: 720S

A "high interest earning bank account"? Where please?

 

[Hexic]

My man.

 

[rahmaprat]

I would definitely retire and travel around the world.