You've just won $500mil! What are you gonna' do with it?!

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Merithyn
Merithyn Posts: 284 Member
in Chit-Chat
In honor of the big, mega-watt lotto draw tonight, let's play pretend.

You've just won the whole shebang. After taxes, that's roughly $300,000,000 over the course of 20 years, or $15,000,000/year. What would you do with all of that money? How would you spend it? What would you spend it on? And how would you spend your time for the first five years, the next five years, etc.?

Go!
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Replies

  • VelociMama
    VelociMama Posts: 3,119 Member
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    First thing would be to pay off my student loans and house we currently own.

    I would buy a new car for me and hubs and custom build a nice but not gawdy or too huge house for us. I'd buy a house and new cars for my grandparents. I'd put aside a college fund for my son.

    I'd invest the rest.
  • coriaale18
    coriaale18 Posts: 2 Member
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    probably create a business to make more money....
  • Merithyn
    Merithyn Posts: 284 Member
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    I'd tuck away a mil a year to live on, and use the rest in the Bill Gates way. In fact, chances are I'd try to contact them to ask them how best to set up a charity like theirs.

    Another option would be to set up a series of secular private schools in poor areas for kids to get a better chance at a good education.
  • Dub_D
    Dub_D Posts: 1,760 Member
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    OMG STAHP!
  • coriaale18
    coriaale18 Posts: 2 Member
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    with in the first five years
    homes 20,000,000
    cars 3,000,000
    boat 300,000
    clothes 2,000,000
    traveling 1,000,000 budget
    family 1,000,000
    luxuries 2,000,000
    for bills the next couple of years and in taxes 20,000,000

    bank account for saving 200,000,000
    investments in business and realestate 50,700,000.... why not get richer, or to not get poorer
  • Merithyn
    Merithyn Posts: 284 Member
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    I forgot the what I'd do with my time thing.

    First five years:
    Travel the world
    Build houses in Oregon, Wales, and New Hampshire
    Buy cars
    Learn to fly a plane

    Second five years:
    Go back to school - MBA
    Set up charity with board
    Travel

    Next 10 years:
    Run charity
    Travel often
  • oregonzoo
    oregonzoo Posts: 4,251 Member
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    2 MORE chicks....at the same time.
  • Merithyn
    Merithyn Posts: 284 Member
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    2 MORE chicks....at the same time.

    So you've buy a chicken farm? Awesome! :wink:
  • blackmantis
    blackmantis Posts: 165 Member
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    Help alot of people!
  • AlsDonkBoxSquat
    AlsDonkBoxSquat Posts: 6,128 Member
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    1) travel
    2) set up a family college fund
    3) start an animal rescue
    4) volunteer
    5) travel more
  • AndreaSchultz77
    AndreaSchultz77 Posts: 32
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    Take care of all my family and close friends, charity, hire a personal trainer and a personal chef!
  • Jordy1983
    Jordy1983 Posts: 25 Member
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    Buy the insanity challenge instead of looking for it on Youtube.
  • mightyafrodyte
    mightyafrodyte Posts: 148 Member
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    Quit my job. Change my name. Go to a weight loss spa and not come out until I am 100 pounds lighter. Pay off debts. Travel.
  • Miss_dannii
    Miss_dannii Posts: 1,351 Member
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    Oh imagine lol. Loads of things. Firstly I'd buy all my friends and family houses, cars etc. Or just write them big cheques. Then I'd give a huge amount to the animal shelter. Quit my job, bring all my friends on some amazing holiday..
  • Cyngen
    Cyngen Posts: 557 Member
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    Retire from the job I'm doing.
    Then start my own higher end photography business
    Setup a trust for my grandaughters
    Build a very modest house out in the country
    Pay off my kids student loans

    Hide from the 'new' relatives coming out of the woodwork :)
  • EmmaM2211
    EmmaM2211 Posts: 536 Member
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    convert it to £ sterling...

    then SPEND IT ALL!!!!!
  • RunsOnEspresso
    RunsOnEspresso Posts: 3,218 Member
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    First thing: Quit my job. Then I will have plenty of time to figure out what to do with the rest of my life. ;)
  • BuffyEat2Live
    BuffyEat2Live Posts: 327 Member
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    1) Pay off all debts, including seeing if I can still somehow pay back stuff from my Chapter 7 a few years back...

    2) Pay off all debts of my dad, brother, and boyfriend

    3) Give a bunch to charity (will have to decide which ones, but this time of year probably the local food banks and toy drives, then figure out who my "permanent" charities will be in the new year)

    4) Move to NYC and buy a really nice apartment overlooking Central Park perhaps...

    5) Transfer from University of Memphis to NYU's Gallatin's School of Individualized Study (because I'm rich now, but still want to get my college degree and probably will still go on to law school)

    6) Fill my beautiful new apartment with beautiful new things and beautiful antiques, too...

    7) Adopt a teenager or two

    8) Of course, personal chef and personal trainer!

    9) Finally get a smart phone of some sort...

    10) Donate some money towards the University of Memphis, perhaps getting a building named after my mom

    11) Get my mom's name out there somehow, by donating to something prestigious...

    12) Travel around the world

    13) Go for a hot air balloon ride!

    As you can see, I haven't really put a lot of thought into it... :bigsmile:
  • FitBeto
    FitBeto Posts: 2,121 Member
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    Rebuild Hostess
  • MantisToboggan_MD
    MantisToboggan_MD Posts: 30 Member
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    I'll tell you what I'd do, man: two chicks at the same time, man.

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