What Would You Do With $700 Million?

fureverywhere

fureverywhere

beloved friend who will always be with us in spiri
Location
Northern NJ, USA
I just read a Reuters headline that said that's what Powerball is up to. But something fun to think about. What if you or a pool you were in at work won? Even dividing it between several people would be a pretty comfy sum even after taxes. What would you do with it? A spending spree? Travel? Just upgrade what you have? Squirrel it into a money vault like Scrooge McDuck and visit it regularly? Just imagine...

I would really try to keep myself anonymous. You know people must crawl out of the woodwork looking for handouts when they know who you are.

First thing would be finding a nice little one story home at the shore and just walking away from the house we're in. I would send several checks to the bully rescue groups I admire. Maybe a different used car to replace my poor little clunker. But really I think most of it would go into savings. We could retire and I could do volunteer work.

Sigh, oh well need to take a shower and then jump back on the job search trail...aye reality bites.
 

Eek. From what I understand, if a Canadian resident wins an American lottery no tax is paid, since our lottos are tax free. Can you imagine seven hundred million dollars? That is almost as wealthy as Paul McCartney.
 

I've only played a handful of times over the years and almost always in a pool with others at work. If I won:

Buy my son a house in the UK since his present one is pretty small. By my wife and I a house over there so we could visit anytime.

Move out of the Northeast to someplace more temperate.

Buy myself all new camera gear and go on as many excursions as time permitted all over the world to shoot photos.

Set up trusts for my grandchildren.

Donate a bunch to some worthy causes, including Alzheimer's and homeless-related charities.
 
Spa, spa, spa vacation with lots of massages and other pampering away from it all for a couple of weeks. I would also contact my nieces and nephews, daughter, gran to find out their future coals and see how I can further them on their way. Donate to charities I have faith in the work they do and will make good use of the monies I contribute. I will buy a nice residence where I hope one or more of my family might want to relocate to there will be separate suites or just a grandmother suite set aside for me, I don't need a lot of room, long as there's a pool for summer usage though. I will of course set a side a good portion of the money for reinvestment, I don't want to spend it all in one shot. :D OOPS! My best friend would of course be included in the money distribution and all rewards I receive.

And of course, I will be taking my gals for that shopping trip, this will require another pampering session for myself as well as the ladies. I will come up with an idea for all of SF members who want to get together for a fun event when us ladies get back from our shoe shopping, tattoo, and whatever other fun stuff we think of to do.
 
I'd try to stay anonymous but that's hard when you are in a family of talkers. First thing I'd do is hire body guards for my grand kids. Nothing makes people more angry and jealous than for someone to win a lottery. I am referring to strangers and neighbors, not family. My family and extended family know me well enough to know I'd share.

I'd buy a nice modest home (and hire a housekeeper) somewhere near a lake and it would have a locked gate with guard dogs, just like where I live now. Except than I'd go classy and not have barbed wire around every inch of my property. My husband put it up many years ago when he worked out of town a lot but people call our place a "compound" and somehow I think that's a little offputting. I haven't had breakfast yet so I get to make up new words if I want to. :)

I would give a lot to charities that I think are really helping the people they are meant to help. Anonymously I would help a lot of other people. Right now I know several single mom's I'd give a good car to if I could.

I think the chances of winning this powerball are something like 1 in 300 million but I think it's sweet that my husband buys me tickets and says "Somebody is going to win, it might be you." :)
 
Linda, like you, I would want to remain anonymous as well, I could easily convince my family I had some monies hidden all this time or some ex-rich boyfriend left me a large sum so they wouldn't be the wiser since one or two think I'm sitting on money anyway. The property I would buy wouldn't be lavish, but, I would be happy to have several of my sisters children live with me there if they so chose to, they are great people.
 
Endow our local university big time. Also create a charitable foundation. Lawyer DIL and my son could run it. Help out Medecin Sans Fronteres. Money to run no kill SPCA shelter in perpetuity. Create same thing for larger animals, and rehab centre for wild

creatures. Surround myself with Gypsy Vanner horses, a large clowder of indoor cats, various dogs, and people I love, on a sizeable property. Huge gardens, vegetable, and hanging gardens of Babylon. I have green thumbs to my elbows. Lol.Dig a

private lake, stocked with fish, no fishing though lol. Help friends and family, set up trusts etc. Travel. Give back in whatever way I could. Support local food bank, and community projects. Where would I live? My heart belongs to the Island, but other

residences in warmer climes would be fun to visit.
 
I forgot about a trust for my daughter and a permanently appointed set of caretakers. Ditto for Callie:) Two charities I would help are Hello Bully in Pittsburgh and Villa Lobos in New Orleans. Oh and a housekeeper just to change the litter boxes yaaaaaaay!
 
I have to admit I'd become a pig.

I'd get that penthouse apartment in Dallas, the one with the floor-to-ceiling glass walls, private elevator and indoor AND outdoor hot tubs and gourmet kitchen, just down the street from the weed shops, park, museum and zoo, and hire a live-in butler / cook / bodyguard. There'd be plenty of room with the six bedrooms and seven baths.

I've gone without for so long - might be nice to experience how the other half lives. :D
 
Yes, even with mega bucks I would live simply. But I have a huge perfume collection. I'd have them send a box of every fragrance Chanel makes.
 
Give my kids, my grand kids, my brother, my nephew, my roommate, and my three closest friends a couple of million each. Then buy a new house and car and give plenty to charity.
 
Well as far as add-ons, the housekeeper and other caretakers go without saying, I can barely do my own shopping and cooking all that well myself these days, but, I will also get some doggies from a shelter, preferable something of a German Shepard breed type, and someone to walk them or at least pick up their poop off the large back grounds where they'd run freely. Guess I'll have to at least buy some acreage, nothing expensive, but, spacious for the dogs. :D
 
I would buy a nice home in a warm climate and live there with my dog and 2 birds. I would buy a nice practical car that would last me the rest of my life. I would put a sizeable amount in the bank to live on. I would donate a good amount to animal welfare charities. I would leave the rest to my siblings and nieces and nephews in my will.
 
lol..this made me laugh! Wow, I can only imagine that perfume collection would look like!

Yup, jeans and sneaks just about every day, but even strangers will tell me how wonderful I smell.
 
I know a lot of people would buy a nice car and from what I see on that TV program "How The Lottery Changed My Life", some people buy 7 or 8 fancy cars. I just can't see spending $ on 2 or 3 hundred thousand dollar cars, I'd feel guilty about it. Instead I would hire a driver as I don't care much for driving. When he wasn't taking us around somewhere he could do yard work, wash windows or help our housekeeper keep the place spotless.
 
Think, if instead of one prize of 700 million, they would give out 700 prizes of one million. No one is going to be mad because they only won a million.

With better odds a lot more folks would buy tickets.
 
Give a bunch to various family members and a few friends. Set up a charity in Uganda to help rural kids get to university. Help lots of Ugandan friends.
Always fly business class - don't really need to fly first class.
Keep our house in Scotland but have a conservatory added on. Maybe buy a second home in Thailand.
No fancy cars or jewelry or any of that.
 
Manatee said:
Think, if instead of one prize of 700 million, they would give out 700 prizes of one million. No one is going to be mad because they only won a million.

With better odds a lot more folks would buy tickets.
Click to expand...
We have often wondered about that too. It would make a lot more people happy and they would sell more tickets.
 

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