Mega Millions...What would you do with the money??

Wow, although y'all are saying a lot, it's small change compared to how much you'd make!

Think of it this way, at least in CO, the current amount you'd get for the lump sum (after taxes) is around $328 million.

If you gave 10 people 1% of that, each of them would get $3.3 million and you'd still have almost $300 million!

Also, taxes are paid by the giver, not the recipient, so YOU would pay taxes on that $3.3 million, not them....assuming you bought a house or college, those are also considered taxable, btw. So even if you did pay taxes for all of them, you'd still be up to around $34-35 million spent total.

That would mean you'd have $293 million left. If you are currently 35 and live another 60 years (totally doable), you could spend around $94,000 a week for the rest of your life!


Personally, I don't think most people even understand these numbers - and of course the math above doesn't factor in how much you'd make investing it (and even at a conservative 5% - with paying 15% taxes on those investments - you'd still make $25,000 per week on the bulk of your money, so really you'd be making around $120,000 a week for the rest of your life!

I'd travel, buy tailor made clothes, help others, and invest wisely.

...aweeesome! thanks for breaking it down sesame street style!

Sell everything I own and travel with nothing but a change of underwear and a toothbrush.

First I would have to go in hiding LOL as a I pay off everything (yes I will owe NO ONE!).
I will set up bank accounts for a specific amount of a one time deposit to family and friends. After which they will not have to ask for a certain amount or extra after that day.
My church would have their new building.
I would invest and have property in beautiful places.
My kids will be hooked up but not spoiled and still know the value of earning something.
I will have a hairstylist, nanny that teaches the kids at least 3 languages, a home gym, and a daily house cleaner (sounds boogie but wouldn't you? LOL)
I will host a MFP cruise WOOT WOOT!
Lastly, but honestly I would still work part-time out of my home running a non-profit organization for education & health, travel and host free clinics for education and health, and offer some scholarships.

I don't think any of us really understand what would happen. I think it wouldn't be as glamourous as it seems, and I think your friends would suck, for the most part. Things would get weird fast. They start asking for loans, and things like that. They expect you to pay for everything. I don't know. I've made up a pretty simple story that I would use for everyone that didn't know. I know they publish your name and all that, but I don't think any of my friends or family follow that stuff and would not be aware that I won. So, I'd quit my job, but I'd tell them a story as to why, "Just pursuing a different path living on savings". Eventually, I would make up that something I am working on is doing really well, and I'm making lots of money. I'd just make up some BS about it. And, I'd just run with it like that, so that people wouldn't know it was just found money. I really think people will look at you differently if you walk around telling everyone you won the lotto.

Pay bills and help friends and family members.

I was just listening to the news about this and thinking. .. I'd give everyone on my friends list $100K / 1/2 would def go to orphans / of course help family out and I would buy a house on the beach and enjoy life!!

I'd buy a mansion with a big *kitten* pool, dump all my monies in and swim laps in it ala Scrooge McDuck.

I love the idea of helping two-income families or SAHMs who struggle! I've watched my best friend struggle to balance school, parenthood, and work just to have an unexpected expense derail everything. I would make sure she and her family were set; her son would definitely be taking karate lessons and not have to worry about paying for college
Also, it warms my heart to see all of the animal lovers on here! I have one specific local organization in mind that would receive a huge chunk of money...it's a low-cost spay and neuter outfit that does adoptions as well. Great people!
After years of helping my sister and me, my grandmother is struggling. That would end, and fast. She's in her eighties and doesn't need to deal with financial stress.
There are some people I work with who would definitely benefit; one woman has a son bent on going to medical school, and her kids are the first in her family to even go to college. Others would receive something tailored to them: car, house, education funds.
And I think I would continue to work. I'd definitely finish my education or become a lifelong student.
Finally, I would SO do the Random Acts of Kindness thing mentioned earlier. There's no better feeling in the world!

Hire a accountant, pay off bills, have a family meeting and give everyone there share, and every amount will be different.
Put money away for my kids and my grandson, give to my church.

Take a nice vacation with my kids!
Come home; look for a house to buy, that has a mother in law suite for my mom or a area of the house she can live and still be independent.
Take care of my husbands mom; and his grandmother.

Then follow my passion to start a transitional living home for women and children that need a fresh start ~
Then sit back and enjoy life and travel; and really spoil my husband he works so hard.