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If you won either of the Big Ones: How much would you set aside for Charity?

Topic closed. 65 replies. Last post 3 years ago by jackpotismine.

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noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
Bay Area - California
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Posted: July 22, 2013, 11:01 pm - IP Logged

20%- 30% or more? Or would you take the " wait and see approach"?

Charity could denote your Church, Red Cross or Other.

    noise-gate's avatar - images q=tbn:ANd9GcR91HDs4UJhjxO7cmeMQWZ5lB_FOcMLOGicau4V74R45tDgPWrr
    Bay Area - California
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    Posted: July 22, 2013, 11:52 pm - IP Logged

    20%- 30% or more? Or would you take the " wait and see approach"?

    Charity could denote your Church, Red Cross or Other.

    Whoa- can it be that we dealing with tightwads?- Perhaps too scared to commit  20-30%,perhaps thinking it too low/or too high to the Church for fear that the heavens may open up and rain down fire and Sulphur upon thine head?

      Coin Toss's avatar - shape barbed.jpg
      Zeta Reticuli Star System
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      Posted: July 23, 2013, 1:43 am - IP Logged

      In one of the books about what to do when you win the lottery the author gave an example of two people donating $50,000 to a charity. One gave $50,000directly, the other set up a trust. The trust kept on giving and giving.

      I'm sure someone here, maybe Ronnie 316 could expouund on this.

      Those who run the lotteries love it when players look for consistency in something that's designed not to have any.

      Lep

      There is one and only one 'proven' system, and that is to book the action. No matter the game, let the players pick their own losers.

        sully16's avatar - sharan
        Ringleader
        Michigan
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        Posted: July 23, 2013, 7:22 am - IP Logged

        There are many good charities, I would give extra to my favorites.

         HyperBe Happy.

          sully16's avatar - sharan
          Ringleader
          Michigan
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          Posted: July 23, 2013, 7:24 am - IP Logged

          Here are a few

          Humane Society

          Wounded Warriors

          St Jude

          Childrens Hospitals

          Boy Scouts of America

          Girl Scouts of America

           HyperBe Happy.


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            Posted: July 23, 2013, 11:23 am - IP Logged

            I believe...personally that if you are blessed you should at least try to bless others....but the best quote Ive ever heard on the subject is "The best way you can help poor people is not be one of them" ....Now that's not saying don't give at all but be careful and a little wary of who and where you donate to...That works for if you win the lottery and if you don't

              Saylorgirl's avatar - Lottery-065.jpg
              Indiana
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              Posted: July 23, 2013, 11:26 am - IP Logged

              I would give to:

               

              Livestrong

              Rileys Childrens Hospital

              Americares

              Those are the three I support currently and the ones I would continue to support

                Think's avatar - lightbulb
                Marquette, MI
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                Posted: July 23, 2013, 6:17 pm - IP Logged

                I honestly don't know.  I used to know but the current administration wants to fine people for giving money to charity.  However it is only  supposed to apply to people above the 28% tax bracket.  If you win, you now need advice from a tax lawyer instead of just following the old 50% rule...Yayyyyyyyyy!!!!!!!!!!!!!!

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                  elkton, maryland
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                  Posted: July 23, 2013, 6:27 pm - IP Logged

                  Honestly I don't know,but mainly to Wright's A.M.E. Church.

                  GB

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                    Phoenix, AZ
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                    Posted: July 23, 2013, 6:36 pm - IP Logged

                    If I won a huge jackpot, I'd split my money 3 ways after consulting with a Lawyer, Financial Advisor and a Tax Specialist of course.  1/3 for Savings (you can never have enough savings), 1/3 for investing and the last would be for spending and charities.  That's my plan, but I'd have to win first.  So I can't say how much would be going towards charity.

                    "JACKPOT BABY!" ...those elusive words still elude me! LOL

                      Win$500Quick's avatar - Lottery-050.jpg
                      Florida
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                      Posted: July 23, 2013, 6:41 pm - IP Logged

                      I don't have a specific amount in mine. But at the top of my list is:

                      Red Cross

                      Smile Train

                      Pink Lotus/Breast Cancer Research

                      Local Food Bank

                      Guess Who's Back?

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                        Oklahoma
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                        Posted: July 24, 2013, 7:05 am - IP Logged

                        Yes I would definitely donate/ give.

                        I Love Pink & Green 1908

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                          Republic of Texas
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                          Posted: July 24, 2013, 9:01 pm - IP Logged

                          I would definitely give. How and how much depends on jackpot won and the advice of tax and investment team. There would definitely be money for charities, though. I already have favorites that I support on whatever level I can: 

                           

                          Salvation Army

                          Texas Childrens Hospital

                          Feeding America (parent to local foodbank networks)

                          Wounded Warriors

                          Animals Angels

                          Several equine rescues

                           

                          I'd like to also set up something to help with school supplies for schools in poor areas, both urban and rural.

                          face

                          singlewinnersinglewinnersinglewinner   

                            OldSchoolPa's avatar - Lottery-057.jpg
                            Gurnee, Illinois
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                            Posted: July 27, 2013, 9:31 am - IP Logged

                            Before I donate a single red cent, I would have to analyze how much of charity receipts go to administration and how much the CEO is being paid. I also want to see the operation. 

                            I would have to search high and low to find a church that does not preach money tithing (according to Biblical scripture, tithes were only food stuff like wine, oil, crops and livestock).

                            my preferred form of charity would be starting up businesses in different places, paying a fair wage, and training and mentoring others to be entrepreneurs.

                            Get MONEY!!! Winning a JACKPOT lottery is all the HOPE and CHANGE I desire!!!  NOW give me MONEY!US Flag

                            The guy who won the presidency in 2008 really won the lottery...he is now millions richer, travels in first class style, and even has a staff that would be the envy of the richest Powerball winner (she has a staff of 2). Every night he goes to sleep, he probably plays the close of Dave Chappelle's Show: I'm rich beyatch!


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                              Posted: July 27, 2013, 9:35 am - IP Logged

                              Before I donate a single red cent, I would have to analyze how much of charity receipts go to administration and how much the CEO is being paid. I also want to see the operation. 

                              I would have to search high and low to find a church that does not preach money tithing (according to Biblical scripture, tithes were only food stuff like wine, oil, crops and livestock).

                              my preferred form of charity would be starting up businesses in different places, paying a fair wage, and training and mentoring others to be entrepreneurs.

                              I would just donate more to the people I already donate to.