If you win $20M in the lottery, how would you spend it?

Philippines
May 22, 2007 11:36pm CST
If I get lucky and win $20M in the lottery, I would... 1. donate 10% to charity or build a foundation 2. take my family to a world tour 3. build a new house 4. buy a new car 5. start a restaurant business 6. keep the rest of it in the bank as time deposit ...oh well, enough of daydreaming. Isn't it nice to imagine spending $20M even in your thoughts only. If you're given a chance, how would you spend it?
1 person likes this
5 responses
@tala91285 (1074)
• Philippines
23 May 07
If I win that much money, I'd put half of it in the bank. The rest, I'll spend it on travels, toys and figures, books and gadgets. It really would be nice if we can get that much money with just a piece of paper.
@el_jeffo (750)
• Philippines
23 May 07
Firstly, I would take 50% of it to the bank and put it in time deposit. It will help me not spend it and it will gain interest as well. The other 50% will be used for the following: -Take my girlfriend on a nice vacation -Buy some clothes and toys for my collection -If I still have enough, I would probably invest in a business or buy a franchise, or buy stocks in order to gain more money.
• United States
23 May 07
After I paid the taxes on it, I would pay off my debt, which would barely touch any of it. I would then set up trust funds for my kids for their college educations, or if they choose not to go to college, once they turn 25. Then I would go to Australia for a month or so and just drive all around that country. Then I would buy a house. And I would invest a bunch of it in a variety of ways so that I would know that I would be taken care of in my retirement. It would allow my husband to stop working full time and for him to pursue what ever it was he wanted. I'd go back to school and get my degree and do that full time because it is what I have a passion for. Just because I won a bunch of money doesn't mean I'd stop working, I'd just have the luxery of doing what I wanted, not what was needed anymore.
@oasis_9 (831)
• Philippines
23 May 07
Wow let see... first i'll built a school in honor of my grandma... then i'll go buy a house next to angelina and brad... then build a house for my family and if i still have some left i'll deposit it on different accounts for all my sibling and myself... I think i've over spent lol
• China
23 May 07
1.Buy a house 2.buy a new car 3.use 70% to start a business 4.use the 20% of the rest as savings 5. If business goes successfully, the half benefits will go to charity courses and the other will go to maintain the business.