You have one million dollars...

124

Replies

  • coliema
    coliema Posts: 7,646 Member
    1. Pay off my debt
    2. Buy two cars and two diesels
    3. Share with my family
  • brent44622
    brent44622 Posts: 19
    Buy all my neighbors houses and knock them down so I can have some privacy.
  • Sappy320
    Sappy320 Posts: 77 Member
    Buy all my neighbors houses and knock them down so I can have some privacy.

    Haha, I like that idea
  • sofakingawesome69
    sofakingawesome69 Posts: 149
    pay off all debt
    get a new Transformers version of the Camaro
    Take a long relaxing vacation w/family
  • Hellbent_Heidi
    Hellbent_Heidi Posts: 3,669 Member
    1). Pay off home mortgage ($190,000) (sign over home to wife)
    2). Give half to my wife ($490,500)
    3). File for separation/divorce

    >.< So you'd give her the house and half of the money? Better person than I. I'd hide the money and give her the house only.
    ahhh...that trick has been tried before...the lawyers always find the money.

    The math looks wrong here though....after $190K is subtracted, $490K is still more than half...am I wrong?
  • MaybeAMonkey
    MaybeAMonkey Posts: 247
    Y'all are incredibly generous to give away your winnings to family and friends.

    1) Hire lawyer to set up a trust to receive the $1million.
    2) Invest my winnings and live off the income generated.
    3) Pay for my family to attend financial literacy classes (most of them already do ok, but if I just pay off their debts they will simply build more debt and be back in square one).
  • hlw5112
    hlw5112 Posts: 33
    1. Pay off College Debt!
    2. Move out!
    3. Celebrate with an iced coffee! Hooah!
  • trojanbb
    trojanbb Posts: 1,297 Member
    Call my favorite hedge fund manager and let him work some magic. 1 million is cool, but 10 million is cooler.
  • EyeLikeTacos
    EyeLikeTacos Posts: 324 Member
    1) By a truck load of Tacos
    2) Make it Rain
    3) Become a Super Hero
  • fiberartist219
    fiberartist219 Posts: 1,865 Member
    1. Consult a lawyer and an accountant to protect the funds.
    2. Pay taxes on it
    3. Quit my job
    4. Pay off any debts that I have
    5. Of the remaining funds, donate some to charity, invest some in the stock market, and sit on the rest in a savings account while I live off the interest just screwing around all day.
  • ElizaRoche
    ElizaRoche Posts: 2,005 Member
    1. buy a house
    2. buy a car
    3. new wardrobe !!!
    4. Vacations all around the world
  • dub101
    dub101 Posts: 325
    1. Pay off my bills
    2. Build the house i want.
    3. Okay there would be nothing left after that so back to work.
  • AddictedtoAerosmith
    AddictedtoAerosmith Posts: 186 Member
    If I had one million dollars....

    I would meet with my financial planner and organize our life to the end of time
    I would then share the remains with our family
    I would then organize a celebration of life party in which we would all enjoy

    I could care less about anything in life other than family and soul mates....
  • katamus
    katamus Posts: 2,363 Member
    (1) Quit my job
    (2) Elope
    (3) Move to the West coast
  • Spokez70
    Spokez70 Posts: 548 Member
    1. Buy an old Jeep
    2. Toss my kayak on top and mountain bike in the back
    3. Hit the road and never look back

    (Not wasting #1 on "quit job" because I wouldn't even bother to call them.)
  • Louisianababy93
    Louisianababy93 Posts: 1,709 Member
    1) pay off my house & car! (972,000 left.)
    2) go to regency beauty school (952,000 left.)
    3) buy some land and build a house. (652,000 left)
    4) go on a year long long eurotrip (552,000)
    5) save (452,000)
    6) buy my mom & grandma a house (252,000)
    7) set up college funds for all the kids in the family. (broke)
  • xdoublerainbow
    xdoublerainbow Posts: 51 Member
    1. Set aside money for university costs for my sister and myself.
    2. Buy a main house and a holiday house on the coast or in a different country.
    3. Get married and take a year long honeymoon travelling the world ;)
  • CarleyLovesPets
    CarleyLovesPets Posts: 410 Member
    1. Have money to go to college.
    2. Buy a property or two and rent them out to make more money.
    3. Give my parents a bit so they can pay off some bills and have a little extra.
  • EyeLikeTacos
    EyeLikeTacos Posts: 324 Member
    I saw a lot of people say quit their job....Unless you are single with no kids or well into your 60's it would be VERY hard to live on $1M....even if you are talking about living off the interest alone. Even with a solid 4% ROI you would only be paid $40K per year....after multiple years of investment.

    Will still need a Job if you won $1M...even after taxes...now...don't even get me started if I insert taxes in this dream.
  • rompers16
    rompers16 Posts: 5,404 Member
    Pay my son's college tuition....can't add to the list...it'd all be gone.
  • Nailrep
    Nailrep Posts: 966 Member
    1. pay off all of our debt

    2. open a large parrot sanctuary

    3. go to italy for a month (before i open the sanctuary!!)
  • sfarrell1359
    sfarrell1359 Posts: 63 Member
    1) Pay off everything
    2) change my phone number
    3) get the hell out of town for a while to avoid people who want money!

    Agreed = )
  • itsuki
    itsuki Posts: 520 Member
    1) pay off student loans + debt
    2) pay off mortgage (not mine)
    3) buy my mother a house closer to where I live
  • DarthCeltic
    DarthCeltic Posts: 1,236 Member
    hookers and blow..

    no other options required..
  • yoovie
    yoovie Posts: 17,121 Member
    Make sure all my unemployed friends no longer have stress
    Buy an apartment
    Grab my favorite person and head West IMMEDIATELY for grand canyon madness.
  • cabaray
    cabaray Posts: 971 Member
    1) Pay off everything
    2) change my phone number
    3) get the hell out of town for a while to avoid people who want money!
    My brother actually did win a million dollars playing the lottery. It is amazing how many distant and step relatives wanted to "reconnect"!
  • cabaray
    cabaray Posts: 971 Member
    Pay off my bills (mortgage, etc)
    Pay off my parents bills (mortgage, etc)
    Roth IRA
    College funds for kids
  • jaygregz
    jaygregz Posts: 104
    (1) Cash it out in singles
    (2) Throw Money in the air
    (3) Play in the rain

    Alternatively..

    (1) Cash it out in all coins
    (2) Throw Money in the air
    (3) Realize that making it hail isn't nearly as fun as making it rain
  • TK266
    TK266 Posts: 3,638 Member
    1) Take $200k to fix up the house, pay down some debt and buy some nice thing
    2) invest $800k in something that would at least add $30k a year to my income.
  • DarthCeltic
    DarthCeltic Posts: 1,236 Member
    1) Take $200k to fix up the house, pay down some debt and buy some nice thing
    2) invest $800k in something that would at least add $30k a year to my income.

    i suggest hookers and blow.. that should add 30 a year.. and its fun..
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