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basport_2000 | If you won $990,000.00 in a lottery tax free, what would you do with it...please give your age...? |
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lovnlife
|
I would pay off any bills first then build a house, and invest the rest. I would donate a portion of the money to charities and incorporate a nonprofit business. I would still work.
29 |
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Selah
 |
I don't give out my age.....let's just say I'm in high school.....
First, I would give 10% of the money to my church. Then put aside about 25,000 for spending purposes.....Then put the rest in the bank for college.
With 25,000 bucks, I could buy a car. Can you get a hybrid for that much? If not, then I'd just spend the lot on clothes, books, music, and computer games. And something for my sister. |
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Vincent A
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I am 35.
I would spread it around to 10 different banks (so that it's all insured) and put it into CD's that make about 5% each. Now it makes me about 50,000 per year without risk or stress.
I would spend 15,000 of the interest every year for whatever I need or want, 15,000 yearly for taxes, and rollover the other 20,000 to build the principal.
The interest would increase about 1,000 per year. By the time I'm 65 I would be making 80,000 yearly without touching the principal. (When I retire, I can spend more of the interest)
I would NOT significantly improve my lifestyle. I consider myself middle class, we earn about 60,000 per year together now. This would make things easier and allow us to help others more and provide for our daughter's future easier. |
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calliope320
 |
I would split the money into three accounts:
One for myself and my husband. It would pay for a house, new (not flashy, just reliable) cars for my husband and myself, and new furniture (we have 99% hand-me-down furniture). Then we live off the interest.
One for our families. It would pay their debts, buy houses and sensible cars for our siblings (and parents if they need them), then the interest on what's left would be split between them every month.
The third part would be put in a high-yield account and the interest go to charities monthly (but not the capital).
The capital that's left (we're spending only the interest after the purchases I listed) would be saved for future children. If we die without children, we'd have the money split between our siblings/parents, and the charity account would continue as is.
My husband and I are 23 and 22. |
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SmartGuyMark
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Get my folks into a new house. They have worked hard and really have nothing to show for it after taking care of many children. I would probably buy them two reliable cars and maybe a fun car that they could really enjoy. They raise my neice and need some time for themselves, so I would put them on a plane to the destination of their choice and we will watch her for a while.
I would pay off my house and put a couple of hundred thousand in the bank.
I would start a savings account for my niece and watch it grow and grow so that she would not have to struggle like the rest of us.
I would get my older sisters life back on track...money, education, relocation, therapy, etc.
I would marry my fiance and give her the wdding of her dreams! We would then take a month long cruise!
I would buy a second car so that we can stop driving back and forth so much to pick eachother up after work.
I would donate some money to some charities that would reach a lot of different people.
I am 26 years old. |
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sunshine
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buy a new house then save the rest. I am 35. |
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rebelady28379
 |
i'll have the time of my life,i'm 47 |
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www.CareerFrustrated.com
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pay off all my bills, then give every single cent away.
I'm 30 |
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Elliot
 |
13 years
I would get my hair relaxed, then put some money away so I could continute getting it relaxed.
I would put $100,000 away for college, even thought it might not be enough, but it is better than nothing.
I would buy my parents a house.
With extra money, I would put money in my sister's college fund, buy myself a nicer cell phone, and go crazy at the mall. I would then divide the leftovers between my college fund, giving it to my parents to pay bills and everything, then my bank account so I could go shopping again. |
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centerstage
|
I am 21.
I would buy a house and furnish it. Pay off my parent's HELOC. Finish their barn for them. Give a chunk to my grandma so she wouldn't have to work anymore. Then I would invest the rest in the company I work for and my 401(k). |
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gerrifriend
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invest it in property, 43 |
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itsALICE!
|
ok..
3000 to charity
save about 800,000 for college / a house (if theres any left over.. :-/)
buy a hybrid/electric car
get solar panneling for my current house
buy a laptop
go shopping with a bunch of friends.. and spend about 500 each :D
start a "travel account" and put a huge chunk of money in there
give some money to
-my two sisters
-my dad
-both my grandmothers
-a close family friend
mabye buy some untouched land and never EVER build houses on it
& save the rest . if there IS a "rest" |
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hifeemikey
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put it all on black in vegas- 30 |
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MagicGee24
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Wake Up
I'm 24 |
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Frank Castle
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1) $9,990,000.00
2) 32 |
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