What Would You Do If You Were Suddenly Rich?

OneEyedDiva

SF VIP
Location
New Jersey
I came across this show in the Discovery+ program listing. It’s not about lottery winners but people whose luck changed in a matter of minutes based upon last minute choices they made or serendipitous circumstances.

One young man found out after his mother died from cancer that the father he moved in with wasn’t his father. Turns out her boss, who had also died was his biological father. According to the company lawyer, any heir that came forth stood to inherit millions. Paternity was proved and the young man became rich.

A man and his wife were struggling to pay bills. He accepted an offer from a friend to start flipping houses. When they checked the first project, a cottage, the man found several pieces of art that he felt must’ve been the former occupant’s life's work. Some of the paintings were a bit moldy but an art appraiser he contacted said they were indeed valuable, cleaned them up and began auctioning them. The man and his wife became millionaires.

In another story, an imprisoned man got a visit from an old childhood friend who always had a crush on him. Her brother, also a friend, called and told her their friend was in jail. She began to visit him and of course he spoke of his innocence. She promised to wait for him since she felt “love at first sight all over again”. During the year of her weekly visits he did research and was putting together a case for his exoneration which he submitted to an organization that helped innocent people obtain their freedom. Turns out he was indeed innocent. Him and his GF struggled for months after he moved in with her because for awhile she was the only one working. He finally found a job then he received compensation. He called her one day and said Babe check your bank account. There was $101,000 in it. She went thrift shopping and he asked why she bought from discount stores. She said she didn't want to waste the money. That's when he told her his settlement was 8.3 million dollars!

Each episode has 3 or 4 stories and only 5 episodes are available. I very rarely watch these kinds of shows but I became intrigued with their stories. What would you do if you were suddenly rich?
 

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Question:

What Would You Do If You Were Suddenly Rich?​

Answer:

I would be very concerned what happened to my former name, Tony. o_O

Is it possible for somebody to change my name without me knowing until it is too late? :ROFLMAO:

Oh wait, the OP wanted to know what would happen if I suddenly lucked into a big pile of money!

Well, I suppose it would be my duty to spend it. ;) I don't know what I would spend it on, since at this point in my life, I pretty much have what I want. If I found a couple of real charities (i.e. those in which donated money went to the work that charity claimed to do), I could give much of it away.

Tony
 
If I won $1 Million dollars, I'd help each of the kids... $100,000 for each, then sell the home we're currently in and surprise my husband with his dream home which would be a modern, all one level, stone and glass home, or a poured concrete and glass home.

I've never been big on charities, because I've never believed that the monies end up going to a good cause.
 

I know this is an odd way to look at it, but I wouldn't wish that on anyone.

I could forsee the end of my creativity, the end of hope The rest of my days would be spent, not in becoming better and more highly evolved, but in finding ways to "force happiness" and spend foolishly. There would be legal fights, greedy souls, parties and pretenses, people begging and false expressions. You would be exposed to the worst of society and the most lowly of souls.
I only want enough to live comfortably and no more.
But, if it were forced on me,
I have several copyrights on inventions. I could get patents on them. and . . I would get an old classic Chevy pick-up truck.
I don't even play the lottery because I would never want to be rich.
 
Question:

What Would You Do If You Were Suddenly Rich?​

Answer:

I would be very concerned what happened to my former name, Tony. o_O

Is it possible for somebody to change my name without me knowing until it is too late? :ROFLMAO:

Oh wait, the OP wanted to know what would happen if I suddenly lucked into a big pile of money!

Well, I suppose it would be my duty to spend it. ;) I don't know what I would spend it on, since at this point in my life, I pretty much have what I want. If I found a couple of real charities (i.e. those in which donated money went to the work that charity claimed to do), I could give much of it away.

Tony
And you could find such charities using Charity Navigator. The site rates charities based on certain criteria, one of which is what percentages actually go toward the causes. @Aunt Marg
 
I know this is an odd way to look at it, but I wouldn't wish that on anyone.

I could forsee the end of my creativity, the end of hope The rest of my days would be spent, not in becoming better and more highly evolved, but in finding ways to "force happiness" and spend foolishly. There would be legal fights, greedy souls, parties and pretenses, people begging and false expressions. You would be exposed to the worst of society and the most lowly of souls.
I only want enough to live comfortably and no more.
But, if it were forced on me,
I have several copyrights on inventions. I could get patents on them. and . . I would get an old classic Chevy pick-up truck.
I don't even play the lottery because I would never want to be rich.
Unlike big lottery winners, not all of these people were thrust into the public eye because of their big fortunes....well that is until they chose to allow their stories to be told and who knows if anyone from their towns watch the show. But ultimately it's up to the individuals how they want to use their new found riches. Those that go crazy, flaunt their riches, don't formulate a plan, don't consider taxes or hire a good lawyer and financial advisor are the ones who lose their riches. They literally ruin their lives.

I saw that one lottery winner just told the money grubbers that his financial advisor and or lawyer (forgot which) handled monetary gifts. I thought that was a good way to handle it.; it helped to keep people off of him.

I don't play the lottery either but if I did and won big, I'd buy a luxury condo by the ocean in a warmer climate to escape to in winter, take a few extended trips (after COVID settles down), give hefty, equal amounts (according to how much I won) to my grandchildren and Honorary Daughter but a larger sum to my son and DIL. Everyone would be advised that they would not be getting more if they spend their gifts foolishly. I would also up my charitable donations according to my new net worth with much going to feed the hungry, to shelters for battered women and children as well as my regular charities Zakat Foundation of America and St. Jude. It's fun to dream. :D
 
I know this is an odd way to look at it, but I wouldn't wish that on anyone.

I could forsee the end of my creativity, the end of hope The rest of my days would be spent, not in becoming better and more highly evolved, but in finding ways to "force happiness" and spend foolishly. There would be legal fights, greedy souls, parties and pretenses, people begging and false expressions. You would be exposed to the worst of society and the most lowly of souls.
I only want enough to live comfortably and no more.
But, if it were forced on me,
I have several copyrights on inventions. I could get patents on them. and . . I would get an old classic Chevy pick-up truck.
I don't even play the lottery because I would never want to be rich.
They’ve been studies done on people who have instantly become millionaires and their happiness didn’t actually increase. The happiness was short lived. They lost all gratitude for life, started taking life and others for granted and basically lost who they originally were. No thanks. I don’t want lots of money. I’ll stick to the joyous simple life of appreciating one day at a time. It can be magical.
 
And you could find such charities using Charity Navigator. The site rates charities based on certain criteria, one of which is what percentages actually go toward the causes. @Aunt Marg
Thanks! I will keep that in mind in case I do suddenly get rich. :cool:

We do have a small number of charities we give to. One is DAV since they really do real help for veterans. Another is the local food shelf project for obvious reasons, and another is meals on wheels since we see them in our building daily and my drives for them when the weather is better. We figure that if we give a little to a lot of charities, it won't make as much difference as more to a few charities.

Tony
 
If I won $1 Million dollars, I'd help each of the kids... $100,000 for each, then sell the home we're currently in and surprise my husband with his dream home which would be a modern, all one level, stone and glass home, or a poured concrete and glass home.

I've never been big on charities, because I've never believed that the monies end up going to a good cause.
OK, that's it! I am officially one of your kids. :ROFLMAO:

Tony
 
If I were suddenly rich I'd hafta move. I'd wanna go somewhere that people didn't know who I was. Maybe a name change. New phone number. Hell maybe no phone! Perhaps a gated community. A nice car and a driver. A maid. And maybe do some traveling in between being even more reclusive than I already am. I'd hafta acquire some more hobbies for sure.
 
And you could find such charities using Charity Navigator. The site rates charities based on certain criteria, one of which is what percentages actually go toward the causes. @Aunt Marg
Thanks for posting, OneEyed.

About time there was a site to help people along and outline percentages publically. Far too many take, take, take, and give back little, with some giving back nothing.
 
Thanks for posting, OneEyed.

About time there was a site to help people along and outline percentages publically. Far too many take, take, take, and give back little, with some giving back nothing.
The charities we give to, we have first hand experience with, though the food shelf project is local and gets pretty good coverage in the news from time to time. For other charities that we may not know much about beyond that the exist, Charity Navigator would definitely be worth checking out first.

Tony
 
It depends on how rich I became. I'd stop working and travel more (when that was an option.) I'd purchase the books and music I wanted rather than saving for the ones I could afford and shopping in used CD stores for bargains. I'd start drinking better wine. If my expenses were covered I'd probably find some sort volunteer position I was interested in and do that. I'd also go to more live music shows when they started up again buying VIP meet and greet packages so I could actually meet some of the musicians I love.

If I had more than enough to last me the rest of my days I'd work towards setting up accredited online college courses available to everyone. I'd eventually want anyone to be able to get some sort of BA or BS degree for very little money. I'd also love to start or fund programs that helped young musicians and artists pursue their music and/or art dreams. Depending on how much more I had I'd probably give to other causes as well.
 
I know this is an odd way to look at it, but I wouldn't wish that on anyone.

I could forsee the end of my creativity, the end of hope The rest of my days would be spent, not in becoming better and more highly evolved, but in finding ways to "force happiness" and spend foolishly. There would be legal fights, greedy souls, parties and pretenses, people begging and false expressions. You would be exposed to the worst of society and the most lowly of souls.
I only want enough to live comfortably and no more.
But, if it were forced on me,
I have several copyrights on inventions. I could get patents on them. and . . I would get an old classic Chevy pick-up truck.
I don't even play the lottery because I would never want to be rich.
I agree 100%, Gaer. There was a big lottery in NSW that was started in 1960 to raise money to build the Sydney Opera House and for its time, the first prize was huge. There was much media interest in the winners, a couple with a small boy. Then the boy was kidnapped for ransom, but he died in the boot of the kidnappers' car.

Murder of Graeme Thorne - Wikipedia

From that day to this I have never wanted to come into a lot of money. We live in a modest three bedroom house without bars on the windows or security systems. Our neighbours are much like us and we all look out for one another. I like it that anyone can enter our house for any reason without me being afraid of robbery or violence. We have money enough to live on with some left over to help our family and donate a bit to our chosen charities. We have been able, by saving up, to see quite a lot of Australia and to travel overseas. We have been much blessed and very lucky to have been born where and when we were.

If I were to come into money I would want to divest myself of it as quickly as possible. One thing I would like to do is establish a fund to provide scholarships for bright children from disadvantaged backgrounds because not every child has the opportunities that we had.
 
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I'm glad we have the option of privacy when you buy a ticket, so nobody knows the name of the winner, but there's a major problem - because the winner wants to remain anonymous, weeks and sometimes months/years go by without the winner coming forward - they didn't bother to check the ticket. ( I wonder what happens to the money). After the kids got their share, I'd go on a 5 star trip to Canada.
 
I'd like to own an entire square city block with a steel fence around it, a lot of trees, a modest house right in the middle, a pond, a bunch of dogs, groundskeepers, a tennis court, maybe a racquetball and basketball court in the basement...

I'd also like to own condos in Manhattan, Paris, and London for vacations and extended visits.
 


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