1. Finally put myself through college. Seriously. 2. See the suit in my signature? Yeah, more of those things. High quality jobs that'd run me $5,000+. At least 10 of them. 3. Buy a modest house (most likely somewhere not in Central PA) and car. 4. Invest what's left.
Pay off my meager CC debt, pay off my parents' buy a house for me and them here in Fresno, get an apartment in Wrigleyville + season tickets (as well as Bulls tix) and an apartment/house in KC and hook up the the biggest, best tailgaiters there for football season. And buy a couple of cars. 5 million is a pretty low lotto number though.
They want to deliver vast amounts of information over the internet. And again, the internet is not something you just dump something on. It's not a truck.
Well, after I'd paid my taxes and gien my 10% tithe to my church, I figure that after a 5 Mil Lotto win, I am at about no more than 3 million. First thing I am going to do is finish paying off my house - it's my only debt, but it's peanuts, less than 50k. I am funding both my regular and roth IRAs for that year and putting away a couple hundred K to fund at least the Roth for a few years. I'd also put away around a 100K for the kid's college fund (we already have a lot, so I probably don't need that much)
Ok, fun stuff. I would buy a car. I haven't had a brand new car in like 20 years, so I think I would like either a HHC or maybe a nice hybrid - I like the HHC and also the Dodge whatcha call ir - similar in body style to the HHC - old school.
I'd consider a house move - our neighborhood is certainly not on the upward swing - but I do like our house. But, for the right house and location, I would be willing to move.
Get a few toys: TIVO, Big Screen TV, one of those killer grills.
And whatever the wife wants.
Sounds like fantasy fun. But I believe you gotta play to win, and unless one of the guys comes around the office and says "we're all pitching in a buck for the $200 Million Lotto", I don't play.
We'll be back right after order has been restored here in the Omni Center.
Originally posted by AWArulz I am funding both my regular and roth IRAs for that year and putting away a couple hundred K to fund at least the Roth for a few years.
I have absolutely no idea what that means.
I'd buy a round the world business class/first class ticket and bugger off for a year or two. When I got back home I'd buy a house near the beach.
Originally posted by Brian P. DermodyI would buy freedom from my indentured servitude to the fine people of Sallie Mae servicing.
SECOND
Would it make you guys feel any better to know that some of your hard-earned interest payments go into MY pocket? Sallie Mae is one of my company's longtime clients.
"You know what you need? Some new quotes in your sig. Yeah, I said it." -- DJFrostyFreeze
Originally posted by Brian P. DermodyI would buy freedom from my indentured servitude to the fine people of Sallie Mae servicing.
SECOND
Would it make you guys feel any better to know that some of your hard-earned interest payments go into MY pocket? Sallie Mae is one of my company's longtime clients.
Nope. I would feel better if the interest rates went down a bit, though.
As for me, the usual: get out of debt, save the rest. Let that lump sum embiggen itself as long as I don't absolutely need to dip into it.
I brought this thread up to my wife to see what she would say. Her response was to calculate how much money it would take to support us at our current level until we were each a hundred years old.
That came out to around 6 million, so her decision was to put the entirety of our winnings into a savings account and leave it there. I pointed out to her that this was the least fun answer possible, but she remained unshaken.
But let's say we get some treats first.
If I won it today, like right now, I think that the first thing I would buy would be a nyckelharpa (en.wikipedia.org), which is a sort of Swedish fiddle with 16 strings and keys instead of frets. It runs around $2000.
Then we'd go to Tokyo Disneyland. (I would probably leave the nyckelharpa at home.)
--K
Last 5 movies seen: V for Vendetta - The Devil Wears Prada - Tsotsi - Rivers and Tides: Andy Goldsworthy Working With Time - Tristram Shandy: A Cock and Bull Story
Although I would probably follow pretty much the same track as everyone else, my very first purchase (after tithing) would be a house. We are currently living in my Mom's house and it would be so nice to have a place of our own. On a side note, I have to say I am jealous of a few people on here who have little or no debt. Definitely the way to go.
The first thing I would do is buy the farm back for my parents that I grew up on (they sold it in '93). I miss that farm. Then I'd start my own car detailing service, with just me being the only employee and work whenever I want.
I would make my way to the nearest shoe store to start my Imelda Marcos sized collection. Then after that, I would buy a house with a big enough closet to hold them all...
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Las Vegas 1996 A Thursday-Saturday all at the MGM Grand: 1) Won $500 playing blackjack 2) Doubled up on Bulls over Lakers that same night ($1000) 3) Doubled up again the next night Bulls over Kings ($2000) 4)