If you won the lottery... Say $10 million...

RJJ 1971

RJJ 1971

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Won 10 million, after taxes....
What percentage would you...

Give to charity
Give to family
Travel freely
Give to church (if you are that type)
Buy land and home
Save for rainy day(s)
And of course - buy firearms
 
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20% to the church---the grandkids would be set for any education they chose to pursue--------mom and I would spend what we could and the kids would get the scraps.
Blessings
 
I would give a lot away to others that needed a little help.
Some people need help with artificial limbs, handicap modified vehicles, or home modifications. I would like to help people that need job training. It would have to be small scale but I think I could make a difference for a modest number.

For myself I would retire because I hate working. I would travel some.
Pay off my brother's debts..
 
Lets see here..........

Buy me a mountain-top in Tennessee, get my face fixed, build me a bar to kill-some time in, buy some new britches, bunch of hound dogs, git me a satellite TV, a new truck-no mo than 5 or 6 yrares old, a few purtty girls to hep my wife, a new copper pot for my still, bunch of bullets, and invite some friends up-both of them- and maybe even old Hickok, to blow up some pumpkins and two liters'. What else is money good for?:)
Lighten up boys being serious all the time will make you old sooner.
 
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I'd say I would set up each of our kids with college funds for at least an associates degree. Then set them up with a trust fund that they couldn't touch till they are 35 (not as much as you'd prob think either).
Give some to each family member on my wifes side and mine (then make them all sign contracts).
Give some to a worth while charity (probably for homeless)
Probably give some to very dear friends who have helped me during very tough times.
Then I'd buy a new home and land for wife and I (nothing too fancy, but very nice).
And then we'd travel - until my wife got sick of me, divorced me, and took half of whatever's left. :)

Oh and prob keep workin so I could make some people at work mad.
 
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snuffy51 said:
Buy me a mountain-top in Tennessee, get my face fixed, build me a bar to kill-some time in, buy some new britches, bunch of hound dogs, git me a satellite TV, a new truck-no mo than 5 or 6 yrares old, a few purtty girls to hep my wife, a new copper pot for my still, bunch of bullets, and invite some friends up-both of them- and maybe even old Hickok, to blow up some pumpkins and two liters'. What else is money good for?:)
Click to expand...

Wasn't that the script for the show Moonshiners? ;)
 
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10% to our church, THEN...

10% to our church, THEN off to OGCA Gun Show with a semi-truck...and "buy" EVERYTHING in the WHOLE show! THEN I WAKE UP FROM MY DREAM!
 
10 Mill. A nice 58' boat. Have a nice cabin built on my land in S.E. Alaska. Rest in the bank. Spend a good part of the rest of my life on the water and invited friends along. The kids can sell everything and do what they want when I die.
 
Is it 10 million after everything is said and done or 10 million initially? Because if it's 10 million initially then you get to keep about 40%

Pay my parents house off, mine, help my sister if she needs/wants. Buy a vacation house/land in the mountains. One vacation property in Holland. The rest in booze and women! :)

But seriously the rest will go into the bank. Probably look into some kind of investing whether it be stock or brick and mortar business. If I do donate it would be to some sort of a military charity but one I'd have to research thoroughly, not just cause they are on TV and have famous spokesmen. And an animal shelter.

As to guns. ...I'll buy out ALL the 22lr so the posts and conspiracy theories never stop! :). Not sure what I would buy. I'm not much of a collector and have most things I need/want. I would like one FA but don't know what I would get since I don't want to spend $10k on a firearm
 
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True story. I knew a guy who won a million dollars in the early days of the Arizona Lottery. Here's what the genius did:

Quit his long time well paid federal job
Made down payments on three new vehicles including a snazzy Jeep for his 16 year old daughter.
Made down payments on a houseful of new furniture and appliances, TVs and stereo stuff.
Got hit up by his no account relatives for pretty much all of the rest of it.
In less than a year he was broke, his credit trashed and jobless.
 
Well my man room would be a 20,000 sq ft pole barn and my gun collection would increase significantly. My new job would be buying and selling arms and hunting all over the world.
 
OPp

Discussing that very topic some years ago, my plan was to check myself into a nice hotel room at the Ritz, possibly the one in Paris, and then via measured pace drink until I died.

Realtor Bob, now deceased, said that he would buy a crack rock the size of a house. When I asked what he would do with that, he said, gleam in eyes, "Smoke it!"...

These days, I imagine my wife is legally entitled to half. The rest is best invested with a goal of returning ten percent a year. That should provide a comfortable living income.

I believe a stint in the Army a better way for my children to pay for their college than me writing a check.
 
Good question-one which I have pondered for quite some time.
First off-God gets His taste. 10% (That ought to make up for the past short years :D)
Next I'd pay off the kids' student loans.
Next I'd shut down my law practice-tell my boss with the public defender office to have a nice life, sell the office. pay off what little debt remains and then I'd buy this
1995 Pacific Seacraft 44 Cutter Sail Boat For Sale - www.yachtworld.com

I'd re-christen her "Dagga Boy" (google it) tell the wife she is welcome to come but she's better hurry cause there is a lot of caribbean I need to see before I wind up in a chair in the corner drooling on myself. I would keep 100k in small bills for various bribes, services and provisioning needed along the way and put the rest with a broker.
I am a man of simple tastes.
If it were only 1 million dollars-same thing but instead of the boat, I'd buy a brand new suburban and go on a "drive a bout" as there is a lot of this country I haven't seen yet.
The older I get the more little things make me happy.
Oh and I'd buy an M16.
 
chaparrito said:
True story. I knew a guy who won a million dollars in the early days of the Arizona Lottery. Here's what the genius did:

Quit his long time well paid federal job
Made down payments on three new vehicles including a snazzy Jeep for his 16 year old daughter.
Made down payments on a houseful of new furniture and appliances, TVs and stereo stuff.
Got hit up by his no account relatives for pretty much all of the rest of it.
In less than a year he was broke, his credit trashed and jobless.
Click to expand...
Funny you mentioned that. My uncle bought a house from a family like that. Great house in a great neighborhood. The house was a foreclosure and it was in need of almost total renovations. The previous owners didn't do much upkeep and seemed to have destroyed things as they lived there. They made a bedroom out of a upstairs balcony by nailing drywall to the rails. No paint no nothing. The hard wood floors looked like they never lifted anything and just dragged all their belongings across it. Stickers all over the walls. Tobacco stains on ceiling and walls. Now I know how it sounds but the house is nice and at the foreclosure price it was well worth to buy and fix. For the most part it was superficial damage. New floors, new tiles, and paint fixed most of the problems.

So anyway. ..as to that family. They lived in the poor section of the city. The husband worked at the Sunoco refinery. There was some sort of plant accident and he won something like $5 million. Immediately they moved into a million dollar home with a new boat and new cars. That only lasted a year or two till they had to downsize due to money running low. So they moved into a slightly smaller 1/2 million dollar house with no boat and same cars. Well the bills didn't go away and they were forced to move back to their old neighborhood. All this within a span of 5 or 6 years
 
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I would not put a percent on. I would just use a dollar amount.
 
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