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JustMaybe

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January 2, 2023
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Nov 17, 2023, 1:18 pm

Let’s assume that you win big on the lottery, by winning big I assume over 50 million after you have paid all taxes.

What type of winner would you be?

Would you be the type that wants financial security in the money? Hurray!!! I won 50M but will still drive my 1950 Toyota, live in my 1940 mobile home that I got for 25K. These are the type of winners who don’t want to touch the money, all they want is the financial security that the money provides but they don’t want to spend even a dime of it.

Would you be the one that splurges on everything. A 5 million dollar home, buying Lamborghinis and Ferraris and such. A million-dollar boat, on and on.

I would be a middle of the road type of winner. I don’t have to buy a 5M dollar home to live a good life. I believe anything between 500K and 1M would be just great.

I don’t need a McLaren or a Ferrari to feel good, any vehicle between 50K and 75K would be a great vehicle.

The point is, I wouldn’t want to win such an amount and be all stingy to myself and those I care for, if that is the case then why would I even be playing the lottery in the first place?

On the flip side, I don’t want to get into such luck and throw it all in the wind in a couple of years and comfort myself with YOLO and such nonsense.

I know someone could ask, what if the take home is 500M after taxes? I will still stick with being modest.

I am posting this here so that should I win, I can come back and look at this and remind myself to stay true.

Good luck all.
hypersoniq

Pennsylvania
United States
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April 6, 2003
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Nov 17, 2023, 2:06 pm

The middle sounds like the best place to be. Just want a nice ranch style home on a few acres and a 2 car garage. The biggest change with that amount would be instant retirement (once the 8 to 10 week background check was done and the money hits the bank). It is the concept of getting my TIME back that guides the play, not the dream of mansions and super cars.

Have an EXCELlent day!
rcbbuckeye

100

Texas
United States
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October 23, 2007
17,832 Posts
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Nov 17, 2023, 2:16 pm

ME IF I WON PB OR MM.

CAN'T WIN IF YOU'RE NOT IN

A DOLLAR AND A DREAM (OR $2)
JustMaybe

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January 2, 2023
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Nov 17, 2023, 2:47 pm

Quote: Originally posted by hypersoniq on Nov 17, 2023
The middle sounds like the best place to be. Just want a nice ranch style home on a few acres and a 2 car garage. The biggest change with that amount would be instant retirement (once the 8 to 10 week background check was done and the money hits the bank). It is the concept of getting my TIME back that guides the play, not the dream of mansions and super cars.

I love that " the concept of getting my TIME back" that is so enriching. We trade our Time for Money. When you have the Money, you keep the Time.

Then you have time to do all the things that you love to do.

May luck pursue us.
Lotterologist

Lotto City, Michigan
United States
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March 30, 2006
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Nov 17, 2023, 5:28 pm

I would be the type of lottery player who loves women.

It seems i've been that type of person my whole life.

As a teen, I met Christie Hefner...daughter of the late, great Hugh Hefner.

Like Colonel Sanders did chicken, he did women right.

"Prediction is very difficult, especially about the future."----Niels Bohr
justadream

united states
United States
Member #212,945
January 21, 2021
505 Posts
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Nov 17, 2023, 8:22 pm

I would be the crazy cat lady.
AllenB

California
United States
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June 27, 2015
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Nov 17, 2023, 9:47 pm

I would be busy.

I have a bunch of chores that I need to do around here. I would use some of the money to hire people I know to do the work. I’d give my 2000 F250 a complete makeover and keep driving it. I would build a nice house. Not to Big, It’s just me. I would also build a Granny Flat for my family to use for visits and I would build a shop. I own 5 Acres to put it all on.

That’s about it for my thoughts right now. I don’t have a lot of money so I don’t worry about it. I’m a minimalist. I don’t make payments on things I can’t buy, haven’t for 20 years.

The Money will change all of that. It will require attention to opportunities. It will bring a boatload of worry. It will compel me to seek advice. Fortunately I know a few people with experience with Long Money to guide me. I might just give the bulk of it to my daughter and keep enough to fill up the place with stuff.

The money would require me to change. I ain’t perfect by no means but to take a line from a Steve Earl song, “I think I’m an Alright Guy”. If I am coming back to read this after the Big Hit, the question is "am I still Alright?

Oh and I would give to Organizations providing the means to fight Disease, Hunger and Thirst.
AllenB

California
United States
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June 27, 2015
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Nov 17, 2023, 10:49 pm

Quote: Originally posted by AllenB on Nov 17, 2023
I would be busy.

I have a bunch of chores that I need to do around here. I would use some of the money to hire people I know to do the work. I’d give my 2000 F250 a complete makeover and keep driving it. I would build a nice house. Not to Big, It’s just me. I would also build a Granny Flat for my family to use for visits and I would build a shop. I own 5 Acres to put it all on.

That’s about it for my thoughts right now. I don’t have a lot of money so I don’t worry about it. I’m a minimalist. I don’t make payments on things I can’t buy, haven’t for 20 years.

The Money will change all of that. It will require attention to opportunities. It will bring a boatload of worry. It will compel me to seek advice. Fortunately I know a few people with experience with Long Money to guide me. I might just give the bulk of it to my daughter and keep enough to fill up the place with stuff.

The money would require me to change. I ain’t perfect by no means but to take a line from a Steve Earl song, “I think I’m an Alright Guy”. If I am coming back to read this after the Big Hit, the question is "am I still Alright?

Oh and I would give to Organizations providing the means to fight Disease, Hunger and Thirst.

My appology to Todd Snyder.
GiveFive

Florida - West Coast
United States
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June 10, 2010
6,594 Posts
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Nov 18, 2023, 8:26 am

To me, money represents freedom. The freedom to do what you want, with who you want, when you want and for whatever reason. The more money you have, the more freedom you have. Everybody has to decide for themselves what the right amount of freedom is for them.

My first thoughts about spending my new found wealth would be 'How can I help my immediate family?' both now and in the future long after I'm no longer alive. I wouldn't go through it like a hot knife through butter, but I wouldn't sit on a big pile of money either.

Having great wealth does come with a price tag attached to it. Everybody thinks it's cake, but it isn't. So if I'm going to have to put in a fair amount of effort to protect and preserve it, I'm sure as Hell going to enjoy some of it too. G5

Play Smart!
Artist77

United States
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January 16, 2012
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Nov 18, 2023, 12:59 pm

Quote: Originally posted by JustMaybe on Nov 17, 2023
I love that " the concept of getting my TIME back" that is so enriching. We trade our Time for Money. When you have the Money, you keep the Time.

Then you have time to do all the things that you love to do.

May luck pursue us.

I agree 110%. My free time is limited and it is about the freedom and the money is second.
Christylove25

Detroit
United States
Member #139,244
February 17, 2013
1 Post
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Nov 18, 2023, 2:47 pm

I agree with you totally as well.

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