If you won the lottery what would you really do with the money?

Reply #76

markp1950 — Tue, 01 Nov 2011 19:21:28 GMT

While it's great to take care of yourself, we must never forget.....

And the King shall answer and say unto them, Verily I say unto you, Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me.

Reply #75

rdgrnr — Tue, 01 Nov 2011 03:54:29 GMT

I like that attitude Perdue.

Reply #74

PERDUE — Tue, 01 Nov 2011 03:48:41 GMT

Spend it the way I want to. Not the way others think I should.

I would spend it guilt free and enjoy every moment of spending.

Why? 'Cause it's my money and 'cause I can...........

Reply #73

markp1950 — Tue, 01 Nov 2011 03:43:15 GMT

Well I have been looking at houses that I would like to move to if I won a decent amount of money.

After learning how houses are bing built, there is NO house out there good enough. I HAVE to have my own built. It would have to be one that my grandkids could live in.

The shelf life of houses now days are not what they could be. I believe that fossil fuels are going to run out sooner than we think unless we do something now.

Aim for the house would be zero energy and a close to a 500 yea... [ More ]

Reply #72

Soze75 — Tue, 01 Nov 2011 02:11:18 GMT

First thing I'd do without hesitation would be to give half of the sum to my five immediate family members. Mom, dad and three bros are going to share in the windfall no question! My good friends(of which I have but a few) would also be receiving a nice sum to pay off the mortgage or whatever

Then I'd do the obvious stuff, place to live, a handful of fine autos, the best home audio, a bunch of new firearms, etc. etc.

After all that, who knows? The world would be at my doorstep, t... [ More ]

Reply #71

haymaker — Fri, 28 Oct 2011 00:22:33 GMT

i wonder if someone w/ a bachelor's degree,can get a divorce decree ? just don't seem fair

Reply #70

rdgrnr — Thu, 27 Oct 2011 03:29:26 GMT

I always wanted to get a bachelor's degree but I've been married a bunch of times and they'd probably kick me out if they found out.

Reply #69

gogidolim — Thu, 27 Oct 2011 02:22:46 GMT

First I want my second bachelor's degree. I won't tell what major I want though. I graduated last year and now I am working as a stagehand. The pay is OK, but there's something else I want to do. Unfortunately the school I want to go to cost $16000 per semester.

Many graduates work in the industry, and they are at the top of the game. They work on films and whatnot. Some of the graduates include Craig Mullins, James Clyne, Scott Robertson, Dylan Cole and so on. And Michael Bay and Zack Snyde... [ More ]

Reply #68

haymaker — Thu, 27 Oct 2011 00:53:21 GMT

Reply #67

rdgrnr — Wed, 26 Oct 2011 22:28:48 GMT

Depends if you wanna work the rest of your life or be on vacation the rest of your life.

Easy choice for me.

Reply #66

gogidolim — Wed, 26 Oct 2011 21:30:55 GMT

I imagine myself buying a few shopping centers in LA area. (the economy in Inland Empire is worse than in LA....sad.) If I buy them with lottery winning I won't have to be on mortgage. If the business at the shopping centers are good then I can get a steady stream of cash every month.

But I am wondering about this. Should I start my own management company or should I hire one

Reply #65

haymaker — Wed, 26 Oct 2011 01:46:21 GMT

maybe you should have stayed out til. 7am. LOL

when i was young,(sounds like a song,don,t it ?)

i used to get in trouble coming home late.

one of my older sisters never caught hell,like i did .

by the time she got home the old man was asleep,in a kitchen chair, no less.

she said that i came home to early.

thats why i got caught. LOL

Reply #64

rdgrnr — Wed, 26 Oct 2011 00:34:37 GMT

Nah, I don't think the landlords would have put up with me coming home at 4 AM all the time and the ensuing unpleasantries being screamed by all my ex-wives.

A lot of them were very high-strung.

Reply #63

haymaker — Wed, 26 Oct 2011 00:13:02 GMT

sounds as though it may have been better for you to have been a renter,no

Reply #62

rdgrnr — Wed, 26 Oct 2011 00:02:15 GMT

A good cook and domestic help are very important and can make life easier for everybody in the house.

I had a wife one time who told me it was the man's job to take out the garbage.

I said You cooked it, you take it out! And the fight was on.

Hiring a cook is cheaper than buying some maniac a house.

Reply #61

haymaker — Tue, 25 Oct 2011 23:19:53 GMT

good ideas,all.

Reply #60

gogidolim — Tue, 25 Oct 2011 17:13:19 GMT

Right, right. Thanks for letting me know.

Reply #59

Win$500Quick — Tue, 25 Oct 2011 13:11:18 GMT

1. Quit my job.

2. Take a course in financial planning, so I can be my own advisor.

3. Figure out the rest from there.

Reply #58

tiggs95 — Tue, 25 Oct 2011 03:22:28 GMT

WAKE UP!! WAKE UP!!! Man you wore tiggs out..

Reply #57

TRUEBELIEVER — Tue, 25 Oct 2011 03:18:01 GMT

AFTER i do all the usual stuff pay off bills. all i want to start is my dream car and to send my parents on a cruise something they always wanted to do. when they leave ill go back to texas and start to build them their dream house. that be all for the first year.

2nd year

Next year buy my brother a bigger house and setup my niece and nephews for college. get each a car if their of age and have a license and set up parents and brother sister in law to get money per year. after that il... [ More ]

Reply #56

BuyLow — Tue, 25 Oct 2011 02:44:29 GMT

Obvious troll is STILL obvious......

Reply #55

rdgrnr — Tue, 25 Oct 2011 02:32:09 GMT

Lame alibi is lame.

Busted guy got busted.

Numbnuts is a numbnuts.

A pigeon who got dusted.

Better luck next time, GuyBlow.

Reply #54

haymaker — Tue, 25 Oct 2011 02:07:54 GMT

i'm a lions fan.

don't pay attn; to.baseball

thougt she was a fan of both.

and red wings.

i bet on ravens.

did i underestimate jax.

ohh..game on.

Reply #53

BuyLow — Tue, 25 Oct 2011 01:56:54 GMT

Sowwy...Ridge. Maybe someone else has caught on to your ways . Todd can confirm I have no more than this username. Troll on..... hee haw

Reply #52

Piaceri — Mon, 24 Oct 2011 23:30:21 GMT

The IRS isn't going to give you your investment money back in tax refunds. Your money comes back in earnings. Invest $20m in rental properties, and say $17.5m is the value of the buildings, you get to deduct depreciation of about $636k. Then say you rent those properties for $1m per year, your expenses are $300k for a cash profit of $700k. You subract out the $636k of non-cash depreciation and your taxable income is only $64k and you now have $636k of non-taxed income. So, in a sense, the IRS do... [ More ]

Reply #51

rdgrnr — Mon, 24 Oct 2011 23:10:55 GMT

Hey billbo, how about me?

Go Tigers

Reply #50

billbo45 — Mon, 24 Oct 2011 21:35:05 GMT

amen!!! and pay sully 16 to change her go tigers to go lions

Reply #49

Slick Nick — Mon, 24 Oct 2011 21:32:41 GMT

I agree Haymaker..Good luck...

Reply #48

Slick Nick — Mon, 24 Oct 2011 21:30:15 GMT

Hang in there Tiggs.

Reply #47

haymaker — Mon, 24 Oct 2011 20:55:05 GMT

welcome to LP.

hows things in the inland empire

Reply #46

haymaker — Mon, 24 Oct 2011 20:49:39 GMT

i know how to cook, easy stuff that is.

but i'm not going to learn how to cook .

i'm going to hire one. LOL

Reply #45

gogidolim — Mon, 24 Oct 2011 05:00:19 GMT

Yeah, I hope so. But...

I think buying income properties as a tax break might be bit of a pipe dream. So if I pay 20 mil in tax and buy 20 mil in income properties, will IRS cough up the tax return? I am afraid not.

Reply #44

Piaceri — Mon, 24 Oct 2011 03:01:51 GMT

Welcome to LP gogidolim. A good real estate atty and a good CPA are great investments and will help you with the tax situation. Good luck to you

Reply #43

tiggs95 — Mon, 24 Oct 2011 00:15:43 GMT

tiggs is old tiggs means real old and needs all the help he can get..Sugar dosen't help viagra one bit..tiggs wants to go out swinging but can't if tiggs dosen't have a bat to swing with...:(...

Reply #42

Slick Nick — Sun, 23 Oct 2011 18:18:05 GMT

If I won the lottery which I'm confident I will, or one of my groups I run will, I would make a few changes. I would quit my job and maybe get back into real estate somewhat. (As an investor.) But I would do things in a cautious way. Keeping a low profile.. And I would definitly get back into my workout program. Health is imperative..

Reply #41

rcbbuckeye — Sun, 23 Oct 2011 15:39:56 GMT

Viagra doesn't work anymore

Reply #40

JAP69 — Sun, 23 Oct 2011 15:18:13 GMT

Spend it

Reply #39

tiggs95 — Sun, 23 Oct 2011 15:03:28 GMT

Probably get a penile implant...

Reply #38

weshar75 — Sun, 23 Oct 2011 04:21:25 GMT

I can afford the socks and glasses and underwear now I just though what the heck would I do with all that money and decided that small purchases like those would cheer me up. Plus getting out of debt is a no brainer. But I like the lottery and now I only play mega millions and powerball. But with the extra money from a jackpot win I could really play whatever game I wanted here in oregon.-weshar75

Reply #37

rdgrnr — Sun, 23 Oct 2011 03:58:52 GMT

Welcome to Lottery Post, gogidolim.

Best of luck to you

Reply #36

gogidolim — Sun, 23 Oct 2011 03:16:12 GMT

d

I'd spend most of my winning on income properties. And I would buy a modest house. I wonder if I can write off my spending on income properties as a tax break, since they are business expenses. Beside that, I would lay low and buy a mini-van and a Honda CR-Z.

Reply #35

savagegoose — Sun, 23 Oct 2011 02:10:38 GMT

i wont quit the rat races altogether, ill get a serviced box, and watch from comfort.

Reply #34

NoShame — Sun, 23 Oct 2011 01:11:43 GMT

1. Pay off debts

2. Get Hallux Rigidus surgery

3. Never work again (not that I could get a job anyway due to my disabilities)

As far as ludicrous spending goes I could see myself doing constant vacationing and buying a house or condo somewhere but that is all really. I can never understand people who buy numerous cars unless they had numerous needs/uses. For example I could see a person buy a sports car plus a van plus a truck. But I can't see one person buy 50 sports cars and such... [ More ]

Reply #33

rdgrnr — Sat, 22 Oct 2011 22:38:29 GMT

Bitter right-wing troll is bitter

https://www.lotterypost.com/thread/236777/2215497 (Obvious troll is obvious).

People should use different phraseology when they pretend to be somebody else.

Right, BuyLow

Reply #32

ttech10 — Sat, 22 Oct 2011 18:01:10 GMT

I'd like to get one of these three houses I bike by every day. Therey're $3-$4 million so it'd be a big amount but other than that I'd have no huge spending for quite some time.

Reply #31

Elizabeth03 — Sat, 22 Oct 2011 11:53:33 GMT

Hello Weshar I need to buy new socks, shoes as well; also I enjoy purchasing different scratch tickets, I am budgeting with it, as you need to!

Hope we win great amounts of money

Reply #30

rdgrnr — Sat, 22 Oct 2011 03:56:02 GMT

I like the bar idea

Reply #29

rdgrnr — Sat, 22 Oct 2011 03:54:25 GMT

I hope you win weshar.

Reply #28

weshar75 — Sat, 22 Oct 2011 03:46:47 GMT

If I were lucky enough to win powerball tomorrow night that is $90 million. I would give $5 million to my mother and $2.5 million to my sister and $2.5 million to my brother in law. Then with the $80 million left I would buy new underwear,socks,shoes and glasses. Pay off all my debt and then start to play the lottery more often like all the jackpot games plus pick4 and keno. Maybe start playing scratch its again too. I would play video lottery at the mac club and drink my bloody maries and cold

Reply #27

rdgrnr — Sat, 22 Oct 2011 01:57:34 GMT

Well thank you, Longarm.

Say when and I'll pack the Jack just in case of snakebite or somethin.

Reply #26

tiggs95 — Sat, 22 Oct 2011 00:04:41 GMT

Hey jackfullofit........pppppfffffff....from tiggs...

Reply #25

Set4life — Sat, 22 Oct 2011 00:01:04 GMT

Looking at $148 in the Powerball, If I do win it. I would take care of my family needs for life. Then buy myself a stable of exotic cars and of course girls, girls lol

Reply #24

Elizabeth03 — Fri, 21 Oct 2011 22:20:12 GMT

Well I have been looking at houses that I would like to move to if I won a decent amount of money. I work at lousy cleaning jobs right now, and want to quit so much, and as soon as I win something good, can finally quit.

I really want to move out of the neighbourhood I am at now, and would have to hire a moving company to move the furniture and household items, also I really want to get a passport and travel to the United States and other countries

Reply #23

nsv314 — Fri, 21 Oct 2011 21:19:23 GMT

Honestly, I wouldn't change a whole lot. We live a pretty decent life right now - nice home in a nice suburb, kids go to an excellent parochial elementary school, I like my job.

There are a few extras that aren't in our budget right now - son wants to play hockey, daughter wants to take dance lessons. Both of those can really add up expense wise, but I'd definitely get sign the kids up if we won a lottery jackpot.

I'd set aside money so that my kids could attend the high school and colleg... [ More ]

Reply #22

Raven62 — Fri, 21 Oct 2011 19:34:40 GMT

Reply #21

Longarm — Fri, 21 Oct 2011 04:55:08 GMT

Booze and skirts! I'd die young. And drunk. And worn out. And happy!

I'd be one of those winners everyone feels sorry for, but secretly envies.

And I'd take rdgrnr with me, in the same state, because he's cool.

Reply #20

jackfuller86 — Fri, 21 Oct 2011 04:33:01 GMT

Bitter right-wing troll is bitter

I guess you're used to being allowed to drone on and on with useless rants, huh

Reply #19

Piaceri — Fri, 21 Oct 2011 01:36:27 GMT

I'd like to think I would be smart enough to listen to some good advisors. Claiming would be through a series of trusts, FLPs, and similar entities to make it as anonymous as possible.

With a smaller jackpot, say less than $30m cash before taxes, I'd keep my job and buy rental properties for investment and income. I'd pay off family debts and pay for family vacations. Nothing spectacular or anything.

With a good sized jackpot, I'd set up a charity foundation or trust and make it my job to... [ More ]

Reply #18

PrisonerSix — Fri, 21 Oct 2011 00:39:28 GMT

Pay everything off, probably fix up the house we already have. Not sure if I'd buy a new house or not, the one I have is fine. My car is only 2 years old so I don't need a new one, but I'd buy one for my wife.

We'd also quit our jobs and put the money into some good accounts and live off the interest. With MegaMillions coming to Louisiana soon, I'll have another opportunity to win.

Reply #17

HiFi — Fri, 21 Oct 2011 00:38:44 GMT

start my own business, probably open a bar. also, i'd buy some things, give to some charities, etc.

Reply #16

jaggudada — Thu, 20 Oct 2011 23:41:37 GMT

I have seen and done enough. Ofcourse you can always see and do more but that won't proportionately bring any more happiness. It will be joy to see folks who haven't had what I have taste a little.

Reply #15

grwurston — Thu, 20 Oct 2011 23:40:57 GMT

I'd move to a 2 bedroom apartment. hahaha! It wouldn't matter because no one would know except for a very few well trusted friends / family. I wouldn't have to keep working but would till I got the first check. I would not want to quit then have to beg to get my job back cause there was an error and I didn't win.

Seriously though, get a nice house, a couple of nice cars, play the pick3. Nothing flashy to make people talk, keep it low key.

Reply #14

CajunWin4 — Thu, 20 Oct 2011 23:39:13 GMT

Their is a hand full of people , I would help out pay off their Houses , 3 Charites , 4 Churches , Military Vets would get a nice Donation and invest some into Commercial Property and Land . Buy my dream Home and buy my kids each a car and a small house each . Then I would travel for about 1 year and enjoy the rest of my life .

Reply #13

tiggs95 — Thu, 20 Oct 2011 23:22:25 GMT

ridgey ole palsey walsey jackfuller has four post and your jumping all over him...Be like tiggs nice and friendly and give the guy a chance....then jump down his throat!!..

Reply #12

rdgrnr — Thu, 20 Oct 2011 19:07:18 GMT

Buy a professional Sports Team?

Wow, jack, that stands in stark contrast to what a government of your choosing would allow, based on your previous posts and blog comment.

Well now, aren't you the incongruous one?

If the people you prefer in government were allowed their druthers, all sports teams would be owned by the government.

And all games would be declared a tie just to make it fair .

Golly Golly, Miss Molly, that would be Nirvana for you and your competition hating friends,... [ More ]

Reply #11

Raven62 — Thu, 20 Oct 2011 17:22:37 GMT

If I told you then you'd know: What I'd do with the Money I've Won: Is a Secret

Reply #10

joshuacloak — Thu, 20 Oct 2011 15:35:38 GMT

stack47 right on, powerball got over 100m, its worth 90+ m in cash

with such money, to burn, i have to say, i would do a lot of stuff they do on tlc, it was was only 40m, i be more normal about it,but you could blow 600k easy on vechs with that kind of cash,

for realz thro i at lest do these things

hire my dad, overpay him ofc by a million bucks , its called payback for low wages allowance when i worked for him , he must earn it! even if its over paid 1000x times.

hire some cous... [ More ]

Reply #9

Stack47 — Thu, 20 Oct 2011 13:39:18 GMT

Been awhile since we had a how we'll spend it topic. One of the multi-state jackpot games must be high and jackpot fever has broken out.

Reply #8

ladybugtricia — Thu, 20 Oct 2011 12:37:29 GMT

Have my hubby quit one of his two jobs...pay off all medical bills...and make sure all three of my boys go to college...and help family and friends.

Reply #7

sully16 — Thu, 20 Oct 2011 12:33:20 GMT

Quit my job,

Reply #6

jackfuller86 — Thu, 20 Oct 2011 11:13:16 GMT

Two chicks at the same time....

Seriously, I'd find the best hedge fund manager in the world and fill up every retirement account possible. And what's left over would go towards buying a chunk of a professional sports team.

Reply #5

hearsetrax — Thu, 20 Oct 2011 10:57:34 GMT

when I get that lucky will let ya know .......

but I reckon once I get the few thoughts,rymes and reasons out of my system

Reply #4

jackpotismine — Thu, 20 Oct 2011 05:38:04 GMT

Remember not 'if' but 'when' I win I will buy a nice comfortable house, travel, give some of it to my family and friends and give to charity.

Reply #3

C0w Pi3 — Thu, 20 Oct 2011 05:02:11 GMT

Honestly, I'd probably be a stupid spender considering i'm only 20 so I'd most likely take the annuity option, get my own house, get my dream car, and probably party a bit, go to college for accounting/finances and just enjoy life with my family.

Reply #2

haymaker — Thu, 20 Oct 2011 01:22:18 GMT

for me its mainly about quiting the rat race.

cause the rats keep gettin faster.

the wife talks about a bigger house.

only use half of the house we have now.

the wife talks about buying a jag.

but rarely drives the car she has,mit. eclipse,driven abt. 2400 mi ayear.

i keep telling her,its not abt what i can buy.

its about the freedom to spend your time as you please.

Reply #1

Phoenix1017 — Thu, 20 Oct 2011 00:27:52 GMT

I've never watched the show, so I am not sure if mine is crap , but I would most likely quit my job and take a few more foreign language classes during the week. Maybe a cooking class or two (or three) cause I can't cook at all.

I probably wouldn't buy too much either. I pretty much have everything I want right now. I already drive my dream car and own my own home. But I guess I would have to move after winning. Most of the money would be saved or invested.

There is really nothing more tha... [ More ]

If you won the lottery what would you really do with the money?

urrutiap — Thu, 20 Oct 2011 00:06:43 GMT

and dont do stupid crap like the people you see on that TLC Show How Lottery Changed my Life.

Me, I'm not much of a big spender or anything. Im more old fashioned where I buy clothes on sale and stuff so I would go easy on the lottery money and save the rest of the money for school and to do personal road trips for soul searching to find out what I want in life yada yada.