If you won $10 million on lotto, what would you do with it?

Forums › Off topic › If you won $10 million on lotto, what would you do with it?

1 | 2 | 3 | 4 | 5

1421 posts

Uber Geek
Inactive user

#2312024 6-Sep-2019 23:39

10% to church
10% to parents and inlaws and bros and sis
10% to me to buy a house with sleep outs for growing kids
10% to charities i like
10% into Kiva.org for my retirement ... that way its working while it waits
10% in a trust for the kids
40% in a trust dedicated to research, green technologies benefitting the poor /third world and micro lending / self help charities e.g small business loans in third world. Research things like turning plastic to fuels, innovative waste recycling, methanol from bio compost,

Continue doing the work im doing. I love my job.

quickymart

13963 posts

Uber Geek

ID Verified

#2312058 7-Sep-2019 07:51

Some people just have too much luck in Lotto:

https://www.stuff.co.nz/national/115611469/whangrei-man-pockets-1-million-on-lotto-one-week-after-another-big-win

empacher48

368 posts

Ultimate Geek

#2312061 7-Sep-2019 08:00

The powerball in Australia has gone up to $100 million..

I think that is a little bit too much to get at once. But at least the Australian lotto system allows overseas people to buy tickets and receive the winnings.

pctek

807 posts

Ultimate Geek
Inactive user

#2312447 7-Sep-2019 19:17

I hate these questions. It's like their ads. What would You do?...and voiceover of some "winner" saying what he'd do.

Or, like on the Chase, the host always says and what are you going to spend the money on?

I'd say, lets see if I actually win any first, and how much.

Boring, but practical.

Chances of winning a substantial amount on lotto? Slim to none.

And all those news articles where the big winners say oh I won't quit my job.

Of course you will, who the hell works at some wage slave job when they don't have to?
Sure if you run your own business perhaps, or you're doing some career you love to bits, like being a surgeon or something, perhaps.

But most? Why? And it's awfully selfish, let someone else have that job, someone who needs it.

BlueShift

1692 posts

Uber Geek

#2332562 8-Oct-2019 13:50

Powerball is up to $28 MILLION pingas tomorrow night. I don't normally buy a ticket for a Wednesday draw, but I did this week.

I don't even know what I'd do with 28 mill that I wouldn't be able to do with 10 mill, but all I'm asking is for the chance to find out....

Rikkitic

Awrrr
18663 posts

Uber Geek

Lifetime subscriber

#2332568 8-Oct-2019 14:00

I did too and I almost never do. But it is fun to fantasise about it. I honestly don't know what I would do with so much money. Give some away to charity and family, that for sure. Buy a Tesla. Maybe have some vanity medical procedures done. Beyond that I don't really know. Most people say travel, but I am older now and I did that when I was younger.

Plesse igmore amd axxept applogies in adbance fir anu typos

sen8or

1789 posts

Uber Geek

#2332726 8-Oct-2019 15:06

Would be difficult to stay grounded with that sort of haul, thats for sure.

I see the herald just did a writeup on Trevor from Te Kauwhata who won about $26mil a few years ago. Money splashed out on houses, cars and a trophy wife (who left him after 3 years going back to her ex that she broke it off with to be with Trevor). Dare I say it, he obviously found the sudden wealth simply too much, with fine weather friends emerging from the woodwork and every Tom, Dick and harriette trying to get a slice of his pie.

I buy tickets every week to keep the ability to imagine "what if" alive, but I think the reality of what if is vastly different than the fantasy

Sharesies

Trade NZ and US shares and funds with Sharesies (affiliate link).

Rikkitic

Awrrr
18663 posts

Uber Geek

Lifetime subscriber

#2332751 8-Oct-2019 15:23

It is for some people. It has a lot to do with values and maturity. I am generally pretty cynical and don't think I would easily be taken for a ride. In any case, the very first thing I would do is make damn sure no-one knew about it. Then I would very carefully dribble out a little information to those closest to me. For one thing, you don't have to tell anyone how much it is. You could always say you won a lesser prize of a million or so. That is enough to cover lifestyle changes.

I would certainly give a lot of it away, but I would make sure to do it anonymously through lawyers. A good deed is a good deed. I don't need to have credit for it like those American public broadcasting productions that spend 10 minutes listing all their generous donors. What is that about?

Fortunately I don't feel any need to buy friends or affection, so I am probably fairly safe from that kind of thing. I think people who get taken advantage of have needs that can easily be exploited. If you already have people in your life who genuinely like you, it makes you much less vulnerable to flatterers.

Having said all that, I really liked the winners who bought their community an ambulance awhile back. I hope they are doing well.

Plesse igmore amd axxept applogies in adbance fir anu typos

netspanner

343 posts

Ultimate Geek

#2332831 8-Oct-2019 16:19

I would keep a couple of million, nah,not even that. Make a charity, and give it all away.

I would pay my fellow staff at work a heap, they work for low wages out of love for what they do.

I would help our struggling company to survive.

I would give substantial amounts to family.

Basically I would want to die with either nothing, or a secure charity left to carry on giving.

afe66

3181 posts

Uber Geek

Lifetime subscriber

#2332914 8-Oct-2019 18:35

On the Saturday itself.
- turn all the sky channels
- order model3 tesla.

When cash arrives put 100k in current account then stick the other $9,900,000 in an term deposit for 3 months but visible on the home view online banking.

Say nothing to other half. Await moment of hilarity when she is next time paying the credit card bill online while sitting on sofa.

"Oh that, we won lotto but you said it would never change you so I didnt mention it...

richms

28187 posts

Uber Geek

Trusted

Lifetime subscriber

#2332927 8-Oct-2019 18:39

I supposed I should get a ticket for tomorrow as well. Will do on the way home when I get groceries.

Richard rich.ms

Rikkitic

Awrrr
18663 posts

Uber Geek

Lifetime subscriber

#2332931 8-Oct-2019 18:42

Don't. It will dilute my win.

Plesse igmore amd axxept applogies in adbance fir anu typos

nunz

1421 posts

Uber Geek
Inactive user

#2333078 8-Oct-2019 21:34

I honestly love what i do. Just gave half my business away to make more time for community work.

What money would do is let my family have a home we can change or model to suit ourselves e.g. room for chickens? Gardens and maybe a gokart track.

Ild still get up and go to my other 'job'.

Maybe extra money lets me repeat what i do with others.

Give the other half of business away and only do community work?