By: Kyle R Toth

Kyle R Toth — Sat, 03 Oct 2009 00:33:57 +0000

I would not consider playing unless the winnings were above $120 million. Here is a scenario I wrote a short while ago.If I were to win the lottery… I o not play the lottery, I’ve bought one ticket since I’ve turned 18. I cannot, however, say I have not continually dreamed of winning. Every time I see someone whom has won and wasted away themselves or their money it makes me sick. What I would do depends entirely on how much I win. The average, to me, would be nearly $100 Million. If I won that amount I would split $10 million among my closest friends (maybe 5 people), relatives (around 7 people), and myself eliminating our debt (I have $0 debt) and earning a little spending money. I would than lock $90 Million away in a high interest C.D. account (as if you could find one anymore). If I could find one with an astounding %6 interest every month I would gain $5.4 Million. With a C.D. account I could take out what I would need from that money monthly. I would donate up to %25 percent of the monthly interest to several different charities differing from month to month. I would continue cooking at night but leave my day job and finally start school as I have been desperately trying to do for 3 years now. I would immediately consider buying an extremely gas efficient automobile (never a Prius) and after a long time consider buying me dream car (which would be either a Nissan GT-R, Audi R8, Modified 1998 Mitsubishi Eclipse GT, or a highly modified Jeep Wrangler). I would consider buying a house far in the future but not until I complete my Green Building, Green Design and Green Architecture courses in college. I would indefinitely use Geothermal Heating, Solar Panels, A windmill or watermill perhaps, Rainwater and Groundwater recycling, and other Green Concepts. Basically I have thought long and hard about what I would do with my money and I believe I would have enough will power not to spend it all. I do not drink, smoke, or partake in any illegal activities. I just wish someday I could win the lottery, but dreams are only dreams. Maybe I should go buy a ticket

By: rstlne

rstlne — Mon, 26 Nov 2007 23:35:57 +0000

$50,000 isn’t that much money. After taxes, I figure it would cover 12 to 18 months’ worth of expenses. If I won a million dollars, I’d take the after-tax portion of it, add that to my retirement savings, and retire. Anything short of that won’t be terribly earth-shaking, I’m afraid.

By: Saving Freak

Saving Freak — Fri, 16 Nov 2007 14:30:35 +0000

At any of these levels I would take a little and have some fun. I believe all that we make is a gift so you need to have a little fun. With the left over I would look to pay off as much of my house as possible and then if there were more left over I would look to invest in mutual funds and/or real estate.

Comments on: What I would do if I Won the Lottery

By: Kyle R Toth

By: rstlne

By: Saving Freak