You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save?

godofwine

Supreme Porn Poster - Ret
BGOL Investor
Dude had a thread Have u personally known a lotto winner? How much and did it change them? and it got me thinking. In that thread some dude said somebody from his hometown won $28M and moved to ATL and got killed. Most people blow it partying. Right now we are talking about $1 million dollars (after taxes), not much at all when you think about it.

What would you do with it? Would you quit your job, if so how soon? How would you spend it? With whom would you share it? How much partying would you do? Do you think you'd go broke?
 
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Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Give me a mill, and let's see.


Seriously, the 46 year old me would be conservative and do smart shit with it, the 22 year old me.....eh, who knows? I'd probably be snorting coke off a stripper's ass.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

100,000 each to my bro, sis, mother

on some good samaritan shit throw a few thousand to the homeless maybe a few to some daycares/afterschool programs/kids program

take a few thousand to upgrade equipment in my entrepreneur bizzness

juss relax on da otha 600,000..i'm a jew by nature so spending wildly ain't me

i almost forgot 1 kno somebody dats sitting on a condo in da city hall area i'd throw dat dude 50 g's and tell him let me use dat for at least the next 5 yrs..i kno he would..i'd turn dat shit into the ultimate studio..doin all kinds of photo/video shoots..rent it out to a few people i kno dats in da video field to shoot scenes..even crash there sometime..yeah dat would be my manhattan getaway/other moneymaker
 
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Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

100,000 each to my bro, sis, mother

on some good samaritan shit throw a few thousand to the homeless maybe a few to some daycares/afterschool programs/kids program

take a few thousand to upgrade equipment in my entrepreneur bizzness

juss relax on da otha 600,000..i'm a jew by nature so spending wildly ain't me

invest 750,00k that will yield me about 30-40kk a year
whatever i want with the rest
yes i would still work,but i would not stress,shit i would even work a bullshit mailroom job
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

hunna racks goin home w/me, invest the rest.

i ain't goin to phoenix with rossini.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

One million is not much to go crazy with. Just payoff all bills and do repairs that need doing and live comfortably. It's not like I haven't had that much money before so it won't change me.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

$1 Million isn't that much. I don't even know if I would truly quit my job with that low sum, but I would seriously think about it considering my low debt. But here you go.

Pay off my house for $160K

Put 10 years worth of taxes in an interest bearing escrow account, $50K

I don't know if I'd quit my job, but if I did I'd wait almost 6 months (in Ohio you have 180 days to claim) because "Real Life" you cannot get back once you come up like this. If there are any famous people on this board, they know that for a week most famous people would love to be a normal person for a week. I mean where NOBODY knows them. Rich as they are, they never truly get a vacation.

Car, maybe a Buick Enclave or an Audi/BMW SUV, factory rims, moonroof, leather interior. I'm not flashy. - No more than $60K

Finish my basement - no more than $20K

House interior partial overhaul, install granite countertops, new furniture, paintings by local (inexpensive) artists that I like, decorations - not close to $15K

John Deere or Cub Cadet tractor - maybe $5k (I like cutting my grass)

I am not a partier, nor am I flashy or have any vices. I don't smoke, I drink sweet mixed drinks (Amaretto Sours, Midori Sours, Disaronno, shit like that), absolutely no drugs so that is not a problem.

Close friends/family (and there ain't many) may get up to $5K MAX or whatever their biggest bill/debt is

Mom would either get a decent $50K condo or her rent paid for 2 years. She probably doesnt want to move too far so she'll probably move to a nicer place and I'll pay the rent. She'll get a Kia or Hyundai sedan and like it and $5-10K spending money (hell, she doesn't have to pay rent for 2 years, so what she makes at work she can keep). As a matter of fact, sister and brother will get new Kia or Hyundai sedans, too...or 20K.

$50K for me to splurge or go on trips with.

After all of that I got what, not even $500K spent. I'm frugal as hell. I'll probably keep the government job, though. Talk about stress free. Come in smiling, leave smiling. Any time I don't want to come, take an unpaid day. WTF can they say?

The interest I make off of $400K will sustain me because I have everything I need and everything is new already. I got a steam washer/dryer, French-Door Fridge, stove, furnace that are all 3 years old or less. I'm good to go. Motherfuckers would be calling me Godofweinberg I'm so Jewish.

The way I see it, I want to be set for the rest of my life, not just part time. Not trying to run out of money, either. Anybody who doesn't like what I give them can give it back. If any of my family won, no matter how close, I would not expect anything and take whatever they gave me because it essentially is more than I had.


Probably my first buy
AN ASSAULT SHOTGUN OR TWO - loaded. Anybody that thinks they are going come in and rob me better have another think coming. I'm shooting to kill. Like Omar said, "From this range? Even if I miss you I hit you.
 
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Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

After taxes were talking 600K...pay off all my parents bills and put a few stacks in there account. Send them on a high end trip home to Jamaica. My two sisters would get 50K each. Would tell my boys I hit a lick and treat them to Vegas or d.r. Hard. That'll leave me with about 450K
Stack the rest. The joy of not having to live check to check or being able to say F.U. To my boss at the drop of a hat is worth that :lol:
Oh...and I'm leasing an M5:yes:
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

save
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Not quitting my job for 1 Mill. 5 maybe, but not 1. I would be very conservative with my shit. I would max out my 401K tho. I have too many family members to just give out money to, so I would end up like Hammer doing that. Matter of fact, I wouldn't even let them know I had it. If they needed something, and I mean NEEDED, I would help out. But as for my kids, they will get a very good edu-ma-cation.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

$1 Million isn't that much. I don't even know if I would truly quit my job with that low sum, but I would seriously think about it considering my low debt. But here you go.

Pay off my house for $160K

Put 10 years worth of taxes in an interest bearing escrow account, $50K

I don't know if I'd quit my job, but if I did I'd wait almost 6 months (in Ohio you have 180 days to claim) because "Real Life" you cannot get back once you come up like this. If there are any famous people on this board, they know that for a week most famous people would love to be a normal person for a week. I mean where NOBODY knows them. Rich as they are, they never truly get a vacation.

Car, maybe a Buick Enclave or an Audi/BMW SUV, factory rims, moonroof, leather interior. I'm not flashy. - No more than $60K

Finish my basement - no more than $20K

House interior partial overhaul, install granite countertops, new furniture, paintings by local (inexpensive) artists that I like, decorations - not close to $15K

John Deere or Cub Cadet tractor - maybe $5k (I like cutting my grass)

I am not a partier, nor am I flashy or have any vices. I don't smoke, I drink sweet mixed drinks (Amaretto Sours, Midori Sours, Disaronno, shit like that), absolutely no drugs so that is not a problem.

Close friends/family (and there ain't many) may get up to $5K MAX or whatever their biggest bill/debt is

Mom would either get a decent $50K condo or her rent paid for 2 years. She probably doesnt want to move too far so she'll probably move to a nicer place and I'll pay the rent. She'll get a Kia or Hyundai sedan and like it and $5-10K spending money (hell, she doesn't have to pay rent for 2 years, so what she makes at work she can keep). As a matter of fact, sister and brother will get new Kia or Hyundai sedans, too...or 20K.

$50K for me to splurge or go on trips with.

After all of that I got what, not even $500K spent. I'm frugal as hell. I'll probably keep the government job, though. Talk about stress free. Come in smiling, leave smiling. Any time I don't want to come, take an unpaid day. WTF can they say?

The interest I make off of $400K will sustain me because I have everything I need and everything is new already. I got a steam washer/dryer, French-Door Fridge, stove, furnace that are all 3 years old or less. I'm good to go. Motherfuckers would be calling me Godofweinberg I'm so Jewish.

The way I see it, I want to be set for the rest of my life, not just part time. Not trying to run out of money, either. Anybody who doesn't like what I give them can give it back. If any of my family won, no matter how close, I would not expect anything and take whatever they gave me because it essentially is more than I had.


Probably my first buy
AN ASSAULT SHOTGUN OR TWO - loaded. Anybody that thinks they are going come in and rob me better have another think coming. I'm shooting to kill. Like Omar said, "From this range? Even if I miss you I hit you.

U know you bro don't want no goddamn kia
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

U know you bro don't want no goddamn kia

He can take a Kia or $20K, which is around the same. Like Bobby Brown said, "I made this money, you didn't. Right Ted? We outta here." Something cheap and new. Period.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Stash $500k. Payoff my house. Buy a Camry or some inconspicuous shit and ball outrageous on tropical vacations.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

I'd save half of it and buy an M5 with 100k and ball on the rest.:dance:
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Pay-off my house....

The only extravagance would be...

I have been hemming and hawing about putting a new NAV in the truck.Alpine has this nice 8 inch...1500 for it,but with all the new harnesses,and labor...damn near 3k:smh:

Gimme the mil,I'll do it...fuck it,might do it anyway:dance:
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

My life wouldn't change much,I would just do whatever I wanted to do,like travel.
Be a nomad,with no worries in the world.

I just know what I wouldn't do,invest my money into something I don't have a clue about because that's the fastest way to lose your money besides splurging on materialist shit that don't hold value as soon as you buy it.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Yall know if you win 1 million you don't actually get 1 million right?
After Uncle sam is done with your ass and if your state taxes lotto wins to you gonna be left with about 4 hunnid and some change.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Colombia and panama for a month, then korea and japan for another month. Save the rest after paying some bills.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Yall know if you win 1 million you don't actually get 1 million right?
After Uncle sam is done with your ass and if your state taxes lotto wins to you gonna be left with about 4 hunnid and some change.

Even if that is so I am taking care of me first. House paid off, basement finished, a 1 year old Enclave (certified), pay moms rent for the year, Mom gets a used Kia/Hyundai, bro and sis get $5k, close friends may get $500-1000, but ain't many of those. Still got almost $200K if not more.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Going to pay off bills buy a nice house. Keep my job and find a nice way to invest so I can keep whats left afloat n running!
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Pay off debts/bills......buy a few rental properties and go to work on Monday
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Save and Invest
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Yall know if you win 1 million you don't actually get 1 million right?
After Uncle sam is done with your ass and if your state taxes lotto wins to you gonna be left with about 4 hunnid and some change.

I believe its about 600k
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Yall know if you win 1 million you don't actually get 1 million right?
After Uncle sam is done with your ass and if your state taxes lotto wins to you gonna be left with about 4 hunnid and some change.

It's a fantasy based question.....in my fantasy world, if I win a $1 Million lottery, I'm taking home $1 Million. :hmm:
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Save it and retire in 10 years.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

1.- BUY a 250k house. (250k)

2.- BUY all of the vehicles I want from Craigslist (100k)

3.- PAY OFF my student debts, medical bills and other what not (30k)

Take a vaca and live life. Dont quit my job. Give to my parents. Thats it.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

Invest in my business. I'm already making money, but I would hire a consultant and help me take it to the next level. I gross 500k a yr now, which sounds like alot, but after expenses, i'm walking away with somewhere between 15-25 percent. Its solid, but it aint enough.

I'd look for a great location to buy and open up a lounge/club. Put 200k down on a small mixed use or industrial building somewhere find a partner and make it pop.

If I am successful making money buy investing into my first business and then the lounge, I would look to put together an app/software development team. Find some black or non-white college kids who want to be programmers and cultivate that. I have some ideas, some of these shits can't be that crazy to implement and at the same time I'd learn from them. NOt too much money, these r students, but if we get an idea and it looks promising, id put some money into. NO more than 100k.

I'd buy a relatively modest house in NJ maybe no more than 650k but I'd put 200 down on it, so if push comes to shove we can handle the note with my original business and my wife's job.

IF in a year my 2 business are popping, I tell the wife to retire and focus on raising my kids.

Travel to a rainforrest and gather some insects and plants and see if I can discover some shit.

After all this I should have 250,000 left. Id put that down on a multi-unit property and think of it as a retirement plan. I wouldn't kill with the money I made off of the property right away, but my property would appreciate at a greater than these low ass interest rates.
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

50k a year for the next 20 years
 
Re: You win $1 Million in the lotto. How are you going to spend it? Party, Play, Save

I'm saving about 250K and blowing the other 750K on fine clothing, watches, and shoes. I'd also buy an Airstream. I'd make sure I'd enjoy my bread to the max.
 
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